332 N Adams St Glendale, CA 91206
Citrus Grove NeighborhoodEstimated Value: $1,097,000 - $1,348,000
5
Beds
4
Baths
2,632
Sq Ft
$470/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Wood Frame Window
- Bungalow
- No HOA
- Cooling System Mounted To A Wall/Window
- 4-minute walk to Wilson Mini Park
About This Home
As of July 2021PLEASE DO NOT DISTURB TENANTS OR WALK ON PROPERTY. Offer subject to inspection. The property has four separate cottages each with one bath. Adjacent property 336 N. Adams Street is also listed for sale and the properties must be sold together. There are 4 separate cottages and three of them are fixers. Ideal for builder but city wants to classify the property as "historic" which is currently being disputed because of condition of property and age of buildings. The total square footage of both lots is 20,270 sq. feet. Property will provide income while plans are being developed which is an ideal situation. There is a 2 bedroom house in front and three 1 bedroom cottages all with one bath each. Rents are low as tenants have been long term.
Last Agent to Sell the Property
June Slayton
PROPERTIES ETC. Listed on: 04/15/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,960
Year Built
- Built in 1923
Lot Details
- 10,130 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 4 Detached Carport Spaces
- Driveway Level
- On-Street Parking
Home Design
- Bungalow
- Major Repairs Completed
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,632 Sq Ft Home
- Wood Frame Window
- Wood Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Wall Furnace
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Legal Lot and Block 2 / 31
- Tax Tract Number 302004
- Assessor Parcel Number 5645013003
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Gardener Expense $5,400
- Insurance Expense $600
- Maintenance Expense $1,425
- Trash Expense $1,550
- Water Sewer Expense $3,500
- Operating Expense $12,475
- Gross Income $38,340
- Net Operating Income $25,865
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2021
Closed on
Jul 2, 2021
Sold by
Spencer Patricia and Malone Susan A
Bought by
Adamyan Sevak and Adamyan Helga A
Seller's Agent
June Slayton
PROPERTIES ETC.
Buyer's Agent
Edmond Khudyan
Coldwell Banker Hallmark
List Price
$1,195,000
Sold Price
$1,015,000
Premium/Discount to List
-$180,000
-15.06%
Total Days on Market
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,410
Avg. Annual Appreciation
5.24%
Purchase Details
Closed on
Dec 10, 1996
Sold by
Malone Vicki L and Malone Michael H
Bought by
Malone Michael H and Malone Vicki L
Purchase Details
Closed on
Jul 30, 1996
Sold by
Malone Loraine H
Bought by
Spencer Carl B and Spencer Colin M
Purchase Details
Closed on
Jul 26, 1996
Sold by
Spencer Minor Est Of Spencer Carl B Cstdn Col
Bought by
Spencer Colin M
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adamyan Sevak | $1,015,000 | Stewart Title Of Ca Inc | |
| Malone Michael H | -- | -- | |
| Malone Michael H | -- | -- | |
| Spencer Carl B | -- | -- | |
| Spencer Colin M | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2021 07/21/21 | Sold | $1,015,000 | -15.1% | $386 / Sq Ft |
| 06/22/2021 06/22/21 | Pending | -- | -- | -- |
| 06/18/2021 06/18/21 | For Sale | $1,195,000 | 0.0% | $454 / Sq Ft |
| 05/18/2021 05/18/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $1,195,000 | -- | $454 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,960 | $1,056,006 | $629,442 | $426,564 |
| 2023 | $11,693 | $1,035,300 | $617,100 | $418,200 |
| 2022 | $11,492 | $1,015,000 | $605,000 | $410,000 |
| 2021 | $2,807 | $215,054 | $202,688 | $12,366 |
| 2020 | $2,769 | $213,090 | $200,610 | $12,480 |
| 2019 | $2,711 | $208,917 | $196,677 | $12,240 |
| 2018 | $2,505 | $204,826 | $192,821 | $12,005 |
| 2016 | $2,366 | $196,644 | $185,335 | $11,309 |
| 2015 | $2,322 | $193,692 | $182,552 | $11,140 |
| 2014 | $2,332 | $189,899 | $178,977 | $10,922 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2021
June Slayton
PROPERTIES ETC.
(818) 523-9666
-
Edmond Khudyan
Buyer's Agent in 2021
Edmond Khudyan
Coldwell Banker Hallmark
(818) 476-3000
2 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21079466
APN: 5645-013-003
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