$1,625,000
SOLD NOV 8, 2024
4 Beds
2 Baths
1,858 Sq Ft
8,900 Sq Ft Lot

Recently Sold

$875 Per Sq Ft

9% Above List Price

12 Days on Market

Highlights

  • Art Studio
  • Mountain View
  • Wood Flooring
  • John C. Fremont Elementary School Rated A-
  • Traditional Architecture
  • Bonus Room

About This Home

As of November 2024

What a find! A preserved classic traditional on a large parcel within the sought after Montecito Park neighborhood. The current stewards of this special home have loved living here for over 40 years and only hope the same for a very fortunate Buyer.

The formal entry opens to the large formal living room with the original hardwood flooring, gorgeous multi-pane windows, and a beautiful fireplace with custom herringbone masonry showing off the master craftsman level of detail … in the details. Said formal entry opens to the formal dining room as well. The bright kitchen is original but suited for any family chef of today with custom cabinetry, light stone counters, and windows overlooking the large front grounds and gardens. The central hall leads to three of the four large bedrooms and a tastefully updated full bath. The fourth bedroom is in the north wing with the second bath that has been updated as well.

The rear covered patio is a wonderful space for outdoor entertaining under the shade of a tall mature elm. The rear yard is generous with a flat lawn play area, garden, extended wood patio, and a bonus home office/guest room off the back of the two-car detached garage. There is also, of course, the award-winning schools that serve this wonderful neighborhood.

Last Agent to Sell the Property

Craig Farestveit

Craig Estates & Fine Propertie Brokerage Email: craig@craigestates.com License #00990645 Listed on: 09/20/2024

Last Buyer's Agent

Vardkes Bazikian

Imperial Realty Co. License #01173623

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1940

Lot Details

  • 8,900 Sq Ft Lot
  • Garden
  • Back and Front Yard
  • Property is zoned GLR1RY

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,858 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Art Studio
  • Center Hall
  • Utility Basement
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Open Patio

Schools

  • Fremont Elementary School
  • Rosemont Middle School
  • Crescenta Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 1 / 49
  • Tax Tract Number 5613
  • Assessor Parcel Number 5613009021
  • $268 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,473

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Listing Agent
  • Other Phone Number: 818-913-2192
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: GLR1RY
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5613009021
  • Year Built: 1940
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1858.00 Square Feet
  • Interior Amenities: Built-in Features, Pantry, Tile Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 874.60
  • Room Type: All Bedrooms Down, Art Studio, Bonus Room, Center Hall, Entry, Office, Separate Family Room
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Stone Counters
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Private
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks

Schools

  • School District: Glendale Unified
  • Elementary School: Fremont
  • Middle School: Rosemont
  • High School: Crescenta Valley
  • Elementary School: Fremont
  • High School: Crescenta Valley
  • Middle Or Junior School: Rosemont
  • Elementary School #2: FREMON
  • High School2: CREVAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 8900.00
  • Lot Size Acres: 0.2043
  • Latitude Manual: 34.19824000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8900.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 49
  • Tax Census Tract: 3008.00
  • Tax Lot: 1
  • Tax Tract Number: 5613
  • TaxOtherAnnualAssessmentAmount: 268.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 9, 2024
Sold by
Lucia And Phillip Richer Living Trust and Richer Lucia E
Bought by
Nazarian Vahe
Seller's Agent
Craig Farestveit
Craig Estates & Fine Propertie
Buyer's Agent
Vardkes Bazikian
Imperial Realty Co.
List Price
$1,495,000
Sold Price
$1,625,000
Premium/Discount to List
$130,000
8.7%
Views
55
Current Estimated Value
$1,621,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,659
Avg. Annual Appreciation
-0.27%
Original Mortgage
$1,218,750
Outstanding Balance
$1,207,776
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$413,565

Purchase Details

Closed on
Jul 14, 2022
Sold by
Lucia And Phillip Richer Living Trust
Bought by
Marital Trust

Purchase Details

Closed on
Nov 18, 1993
Sold by
Richer Phillip T and Richer Lucia E
Bought by
Racher Phillip T and Richer Lucia E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,625,000 Chicago Title Company
Grant Deed -- Magdlen Wenker & Schroth
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,218,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $1,625,000 +8.7% $875 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $1,495,000 -- $805 / 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 $1,473 $1,625,000 $1,425,500 $199,500
2024 $1,473 $118,002 $55,349 $62,653
2023 $1,443 $115,689 $54,264 $61,425
2022 $1,415 $113,421 $53,200 $60,221
2021 $1,381 $111,198 $52,157 $59,041
2019 $1,331 $107,902 $50,611 $57,291
2018 $1,251 $105,787 $49,619 $56,168
2016 $1,171 $101,682 $47,694 $53,988
2015 $1,148 $100,156 $46,978 $53,178
2014 $1,149 $98,195 $46,058 $52,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24195978

California Regional Multiple Listing Service (CRMLS)

APN: 5613-009-021