NOT LISTED FOR SALE

Estimated Value: $673,000 - $790,000

2 Beds
2 Baths
1,060 Sq Ft
$456/mo HOA Fee

Last Sold December 18, 2020

Last sale price $519,000 $490 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,786/month

15 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Balcony
  • John C. Fremont Elementary School Rated A-
  • Sauna
  • 2 Car Attached Garage

About This Home

As of December 2020

Situated within close proximity to downtown Montrose and the various shops, restaurants, and movie theatre off Verdugo Blvd., are the Stancrest Condominiums. This highly desirable 3-story complex offers gated entry and parking, community pool, sauna, and spa, fitness gyms, and recreational rooms. Sited on the second floor is Unit 234. A 1,060 square foot unit with two bedrooms and two bathrooms. Since 1977 it has been owned by the same family. Over the years some upgrades were completed including central heating and air conditioning and new sliding doors and bedroom window. The kitchen and bathrooms are clean and functional and retain much of their original design. The two balconies are nicely sized and showcase the various trees and landscaping to the east of the complex. Off the central hall are the two bedrooms and laundry closet. The guest bedroom offers plenty of natural light through its large window and the master bedroom includes its own balcony and full bathroom. The unit also comes with two side by side parking spaces.Given the general lack of housing inventory especially in the Stancrest building, Unit 234 is a wonderful opportunity for a very fortunate buyer.

Last Agent to Sell the Property

Jeremy Hardy

Craig Estates and Fine Properties License #01369308 Listed on: 10/01/2020

Last Buyer's Agent

Harut Kostikyan

HK Realty License #01937435

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,114

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls
  • East Facing Home
  • Fenced

HOA Fees

  • $456 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Automatic Gate
  • Assigned Parking
  • Community Parking Structure

Interior Spaces

  • 1,060 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Carpet
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5613027077

Community Details

Overview

  • Master Insurance
  • 111 Units
  • 3481 Stancrest Drive A Private Condominium Associa Association, Phone Number (818) 542-6850
  • Jenkins Properties Management Co. HOA
  • Maintained Community

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,114

Year Built

Built in 1974

Lot Details

0

HOA Fees

$456 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5613027077
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1060.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 489.62
  • Room Type: Living Room, Master Bedroom
  • Spa Features: Community

Exterior Features

  • Patio: No
  • Direction Faces: East
  • Fence: Yes
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Refrigerator, Water Heater
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gas, Gym/Ex Room, Insurance, Maintenance Grounds, Pool, Sauna, Spa/Hot Tub, Trash, Water
  • Association Fee: 456.00
  • Association Fee Frequency: Monthly
  • Association Name: 3481 Stancrest Drive a Private Condominium Associa
  • Phone: (818) 542-6850
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Jenkins Properties Management Co.

Schools

  • School District: Glendale Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 196020.00
  • Lot Size Acres: 4.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 196020.0000 Square Feet
  • Number Of Units In Community: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 9, 2020
Sold by
Maljian Perry A and The Alice Maljian Family Trust
Bought by
Petrosyan Vigen and Badalyan Srbuhi
Seller's Agent
Jeremy Hardy
Craig Estates and Fine Properties
Buyer's Agent
Harut Kostikyan
HK Realty
List Price
$519,000
Sold Price
$519,000
Current Estimated Value
$706,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,545
Avg. Annual Appreciation
6.74%
Original Mortgage
$467,000
Outstanding Balance
$416,726
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$289,819
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Petrosyan Vigen $519,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrosyan Vigen $467,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $519,000 0.0% $490 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $519,000 -- $490 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,114 $561,780 $347,784 $213,996
2024 $6,114 $550,765 $340,965 $209,800
2023 $5,975 $539,967 $334,280 $205,687
2022 $5,869 $529,380 $327,726 $201,654
2021 $5,768 $519,000 $321,300 $197,700
2020 $1,255 $111,911 $33,983 $77,928
2019 $1,225 $109,717 $33,317 $76,400
2018 $1,199 $107,566 $32,664 $74,902
2016 $1,129 $103,392 $31,397 $71,995
2015 $1,107 $101,840 $30,926 $70,914
2014 $1,104 $99,846 $30,321 $69,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-1572

Pasadena-Foothills Association of REALTORS®

APN: 5613-027-077