NOT LISTED FOR SALE

Estimated Value: $829,000 - $908,488

2 Beds
1 Bath
1,006 Sq Ft
$867/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $791,000 $786 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,661/month

7 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Balcony
  • A-Frame Home
  • No HOA
  • Double Pane Windows

About This Home

As of June 2024

Are you looking for a home to make your own, priced well-below market? Would you like to create your dream home and build equity in a highly desirable Adams Hill neighborhood of Glendale? This is the perfect project for you! Whether you're an investor seeking your next project or a Homebuyer ready to make a house your own, 325 S. Madison Way offers endless possibilities and the chance to bring your vision to life.The property is a 1,006 sq. ft. 2 Story, 2 existing Bedrooms, 1 full bath single family home on an expansive 7,390 sq. ft. lot. Upgrades include plastic water/sewer line, dual pane windows, partial copper plumbing, newer water heater and roof. The lot size has ample space for expansion and check out the zoning of: GLR3YY (per Public Records/Buyer to Verify).This property location is ideal and conveniently located near schools (Check out the top rated schools), Roughly 1 miles to Glendale Galleria & The Americana, Adams Square, shopping centers, dining, and entertainment options, making it an attractive choice for families and professionals alike. Don't miss out on this rare opportunity to purchase a property with such great potential in a prime Glendale location. Contact us today to schedule a viewing and explore the possibilities that await you! Due to property condition, Cash or Hard Money Financing is most likely possible/Buyer to Verify.

Last Agent to Sell the Property

Robert Maynard

Compass License #01988282 Listed on: 05/15/2024

Compass

Co-Listed By

Yamel Maynard

Compass License #01332052

Last Buyer's Agent

Victoria Boyadjian

New Avenue Realty & Loans License #01771211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1909

Lot Details

  • 7,390 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Back and Front Yard
  • Property is zoned GLR3YY

Home Design

  • A-Frame Home
  • Major Repairs Completed
  • Fixer Upper
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,006 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Floor Furnace
  • Central Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5677-001-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$468

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: A-Frame
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 1006
  • Lot Acreage: 0.1697
  • Lot Dimensions: 50x150
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer, Repairs Major
  • Stories: 2
  • Year Built: 1909
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Wood, Mixed
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 674.95
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony, Partial Copper Plumbing
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Central Water Heater
  • Heating: Floor
  • Sewer: In Connected and Paid, On Site
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Glendale Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5677-001-003
  • Lot Description: Front Yard, Yard, Back Yard
  • Lot Size Area: 7390

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Glendale Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2025
Sold by
Mirzoyan Susanna
Bought by
Susanna Mirzoyan Trust and Mirzoyan
Current Estimated Value
$871,829

Purchase Details

Closed on
Jun 13, 2025
Sold by
Melkonyan Arman
Bought by
Mirzoyan Susanna

Purchase Details

Listed on
May 15, 2024
Closed on
May 27, 2024
Sold by
Tsubokawa Nancy Lynn
Bought by
Melkonyan Arman and Mirzoyan Susanna
Seller's Agent
Robert Maynard
Compass
Buyer's Agent
Victoria Boyadjian
New Avenue Realty & Loans
List Price
$679,000
Sold Price
$791,000
Premium/Discount to List
$112,000
16.49%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$632,800
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2022
Sold by
Shon Joann
Bought by
Shon Joann and Tsubokawa Nancy Lynn
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
Susanna Mirzoyan Trust -- None Listed On Document
Mirzoyan Susanna -- None Listed On Document
Melkonyan Arman $791,000 Wfg National Title
Tsubokawa Nancy Lynn -- Wfg National Title
Shon Joann -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melkonyan Arman $632,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $791,000 +16.5% $786 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $679,000 -- $675 / Sq Ft
Source: The MLS

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 $468 $806,820 $564,774 $242,046
2024 $468 $33,572 $24,715 $8,857
2023 $460 $32,915 $24,231 $8,684
2022 $448 $32,270 $23,756 $8,514
2021 $434 $31,639 $23,291 $8,348
2019 $419 $30,702 $22,601 $8,101
2018 $374 $30,101 $22,158 $7,943
2016 $341 $28,935 $21,299 $7,636
2015 $335 $28,502 $20,980 $7,522
2014 $343 $27,945 $20,570 $7,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-391973

The MLS

APN: 5677-001-003