NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,384,000

3 Beds
2 Baths
1,431 Sq Ft
$825/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $1,110,000 $776 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,442/month

11 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Two Homes on a Lot
  • Abraham Lincoln Elementary School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2023

Welcome to your new home and/or investment opportunity located in the desirable, sought-after Montrose neighborhood. Live in the front two bedroom house with its own private yard and garage and rent the back one bedroom that has its own private yard and access for additional income or buy as an investment and rent them both. The large R-4 lot allows for further opportunities. How about two additional ADUs? We have checked with the city of Glendale and the answer is YES. Buyer to independently verify with City of Glendale. With new windows, new exterior and interior paint, great location, endless opportunities, award winning schools and public transportation close by, what are you waiting for? Don't miss out on this once-in-a-lifetime opportunity to make it your own.

Last Agent to Sell the Property

Nick and Mike

Keller Williams R. E. Services License #00976678 Listed on: 03/01/2023

Keller Williams R. E. Services

Co-Listed By

Allen Avedissian

Keller Williams R. E. Services License #02168675

Last Buyer's Agent

Kenny Kim

Kobeissi Properties License #01930340

Kobeissi Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,684

Year Built

  • Built in 1940

Lot Details

  • 7,401 Sq Ft Lot
  • Lot Dimensions are 50x147
  • No Common Walls
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Gated Parking

Home Design

  • Duplex

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Private Water Source
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 5547
  • Assessor Parcel Number 5607002012
  • $185 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,684

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Washer, Dryer & Range in front house. Range in back house
  • Other Phone Description: 818-275-2480
  • Other Phone Number: 818-275-2480
  • Price Per Unit: 475000
  • Property Attached: No
  • View: No
  • Zoning: GLR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5607002012
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 775.68
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Two Door, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Gravity
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Private, Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street
  • Lot Size: 50x147
  • Lot Size Sq Ft: 7401.00
  • Lot Size Acres: 0.1699

Multi Family

  • Average1 Bed Area: 513 Square Feet
  • Average2 Bed Area: 918 Square Feet
  • Lot Size Area: 7401.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 3004.00
  • Tax Lot: 87
  • Tax Tract Number: 5547
  • TaxOtherAnnualAssessmentAmount: 185.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 15, 2023
Sold by
Avedissian Nick and Avedissian Marina
Bought by
Kang Youn Hee
Seller's Agent
Nick and Mike
Keller Williams R. E. Services
Buyer's Agent
Kenny Kim
Kobeissi Properties
List Price
$950,000
Sold Price
$1,110,000
Premium/Discount to List
$160,000
16.84%
Views
118
Current Estimated Value
$1,180,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,998
Avg. Annual Appreciation
2.47%
Original Mortgage
$636,000
Outstanding Balance
$619,137
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$558,421

Purchase Details

Closed on
Sep 26, 2022
Sold by
Link Brigitte
Bought by
Avedissian Nick and Avedissian Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2022
Sold by
1999 Link Family Trust
Bought by
Link Brignie

Purchase Details

Closed on
Oct 6, 2016
Sold by
Link Theodor
Bought by
Link Theodor and The 1999 Link Family Trust

Purchase Details

Closed on
Nov 12, 2013
Sold by
Link Theodor J
Bought by
Link Theodor J and 1999 Link Family Trust

Purchase Details

Closed on
Sep 29, 2005
Sold by
Link Margot M
Bought by
Link Theodore J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Link Theodore J
Bought by
Link Margot M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2002
Sold by
Link Theodore and Link Margot
Bought by
Link Theodore J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.17%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Vancleave Beverly A and The Mary E Cook Trust
Bought by
Link Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 24, 1996
Sold by
Cook Mary E and The Mary E Cook Living Trust
Bought by
Cook Mary E

Purchase Details

Closed on
Feb 16, 1995
Sold by
Shultz Beverly A and Vancleave Beverly
Bought by
Cook Mary E and Mary E Cook Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kang Youn Hee $1,110,000 Chicago Title Company
Avedissian Nick $850,000 Chicago Title Company
Link Brignie -- James F Miller Pc
Link Theodor -- None Available
Link Theodor J -- Accommodation
Link Theodore J -- Landsafe Title Of California
Link Margot M -- Landsafe Title Of California
Link Theodore J -- North American Title Co
Link Theodore $220,000 American Title Co
Cook Mary E -- --
Vancleave Beverly A -- --
Cook Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Youn Hee $636,000
Previous Owner Avedissian Nick $637,500
Previous Owner Link Margot M $300,000
Previous Owner Link Theodore J $200,000
Previous Owner Link Theodore $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $1,110,000 +16.8% $776 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $950,000 -- $664 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,684 $1,154,843 $923,875 $230,968
2024 $12,684 $1,132,200 $905,760 $226,440
2023 $9,585 $850,000 $680,000 $170,000
2022 $3,646 $318,613 $254,898 $63,715
2021 $3,583 $312,366 $249,900 $62,466
2019 $3,448 $303,103 $242,489 $60,614
2018 $3,345 $297,161 $237,735 $59,426
2016 $3,189 $285,623 $228,504 $57,119
2015 $3,124 $281,334 $225,072 $56,262
2014 $3,105 $275,824 $220,664 $55,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23033263

California Regional Multiple Listing Service (CRMLS)

APN: 5607-002-012