NOT LISTED FOR SALE

Estimated Value: $520,000 - $541,000

1 Bed
1.5 Baths
811 Sq Ft
$285/mo HOA Fee

Last Sold May 30, 2019

Last sale price $370,000 $456 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,618/month

13 Days on Market

Highlights

  • Gated Parking
  • Property is near a park
  • Main Floor Primary Bedroom
  • 0.93 Acre Lot
  • Living Room with Fireplace
  • 5-minute walk to Wilson Mini Park

About This Home

As of May 2019

Step into this spacious first floor, 1 BR + Den unit in a centrally located condo complex in the heart of Glendale. The living area features a large master bedroom, nice size kitchen opening to the living room. Den can be used for variety of purposes such as formal dining room, office or a second bedroom. Guest bathroom, separate laundry room off the kitchen a side by side two car assigned parkings are some additional features of the unit.
Belmont Terrace is within walking distance to retail mega centers (Nordstrom rack, TJ Max shopping center), Whole Food, Vons and public transportation.
Enjoy your summer days by the community pool and the BBQ area.
An ideal place for a buyer who wants to downsize, or a first time homebuyer or an investor. All offers must include proof of funds. All buyers have to be pre-qualified by Hektor Mendoza at Option One lending 626-864-3265 at no cost to buyer (no exception).

Last Agent to Sell the Property

Arminé Ghevian

Equity Union License #00945233 Listed on: 04/30/2019

Equity Union

Last Buyer's Agent

Aram Ambartsumyan

Balboa Real Estate, Inc License #02049215

Balboa Real Estate, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,503

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Gated Parking

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 811 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Den
  • Laminate Flooring
  • Intercom
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Schools

  • Glendale High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 026
  • Tax Tract Number 31739
  • Assessor Parcel Number 5645012026

Community Details

Overview

  • 54 Units
  • Belmont Terrace Association, Phone Number (818) 956-6008
  • Mgt Emporium HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,503

Year Built

Built in 1974

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: GLR4*
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5645012026
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Living Area: 811.00 Square Feet
  • Interior Amenities: Elevator, Intercom
  • Stories: 3
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 456.23
  • Room Type: Den, Entry, Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Bathroom Features: Shower In Tub, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue
  • Association Fee: 285.00
  • Association Fee Frequency: Monthly
  • Association Name: Belmont Terrace
  • Phone: 818-956-6008
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
  • Association Management: Mgt Emporium

Schools

  • School District: Glendale Unified
  • High School: Glendale
  • High School: Glendale
  • High School2: GLENDA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 40694.00
  • Lot Size Acres: 0.9342

Multi Family

  • Lease Considered: No
  • Lot Size Area: 40694.0000 Square Feet
  • Number Of Units In Community: 54
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3020.03
  • Tax Lot: 026
  • Tax Tract Number: 31739

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Ambartsumyan Grach
Bought by
Ambartsumyan Grach and Ambartsumyan Natalya
Current Estimated Value
$530,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$225,001
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$319,517

Purchase Details

Listed on
Apr 30, 2019
Closed on
May 21, 2019
Sold by
Zovelian Ara
Bought by
Ambartsumyan Grach
Seller's Agent
Arminé Ghevian
Equity Union
Buyer's Agent
Aram Ambartsumyan
Balboa Real Estate, Inc
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Jun 25, 1999
Sold by
Zovelian Adrineh
Bought by
Zovelian Ara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
7.2%
Source: Public Records

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Range of Values:

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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
Ambartsumyan Grach -- Ticor Title Company Of Ca
Ambartsumyan Grach $370,000 Lawyers Title
Ambartsumyan Grach -- Lawyers Title
Zovelian Ara -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambartsumyan Grach $250,000
Previous Owner Zovelian Ara $243,750
Previous Owner Zovelian Ara $65,000
Previous Owner Zovelian Ara $141,000
Previous Owner Zovelian Ara $100,000
Previous Owner Zovelian Ara $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $370,000 -2.4% $456 / Sq Ft
04/30/2019 04/30/19 For Sale $379,000 -- $467 / 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
2024 $4,503 $404,645 $277,018 $127,627
2023 $4,400 $396,712 $271,587 $125,125
2022 $4,321 $388,934 $266,262 $122,672
2021 $4,247 $381,309 $261,042 $120,267
2020 $4,185 $377,400 $258,366 $119,034
2019 $2,493 $140,571 $42,157 $98,414
2018 $1,581 $137,816 $41,331 $96,485
2016 $1,500 $132,467 $39,727 $92,740
2015 $1,471 $130,478 $39,131 $91,347
2014 $1,465 $127,923 $38,365 $89,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19097554

California Regional Multiple Listing Service (CRMLS)

APN: 5645-012-026