NOT LISTED FOR SALE

Estimated Value: $1,060,000 - $1,790,000

2 Beds
1 Bath
1,241 Sq Ft
$1,202/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,440,000 $1,160 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,124/month

57 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Carpet
  • Herbert Hoover High School Rated A-

About This Home

As of December 2021

Property is being sold for land value with approved plans. The owner has obtained approval for 6 residential rental units. 5-2 bedroom+ 2 1/2 bathroom units, average 1,200 sf, one-1 bedroom 1 1/2 bath unit 625 sf. 14 parking spaces. Plans are approved, plan check is done and permits are ready to be issued (RTI). Currently there is a 1,241 sf single family house on 8,442 sf R1250 multi residential lot. For more information contact the listing Broker.

Last Agent to Sell the Property

Vartan Gharpetian

Glendale Commercial Inc. License #01273408 Listed on: 09/23/2021

Last Buyer's Agent

Hayk Karamanian

Magic Realty License #01934867

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 8,443 Sq Ft Lot
  • Property is zoned GLR4YY

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,241 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5636014005

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All approved plans to construct 6 residential rental units.
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-626
  • View: No
  • Zoning: GLR4YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5636014005
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1241.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1160.35

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 8443.00
  • Lot Size Acres: 0.1938

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8443.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Khechumian Serjik
Bought by
360 Burchett Llc
Current Estimated Value
$1,491,206

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 12, 2021
Sold by
Patrikian Manushak Nikky
Bought by
Khechumian Serjik
Seller's Agent
Vartan Gharpetian
Glendale Commercial Inc.
Buyer's Agent
Hayk Karamanian
Magic Realty
List Price
$1,530,000
Sold Price
$1,440,000
Premium/Discount to List
-$90,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%

Purchase Details

Closed on
Jun 26, 2020
Sold by
Basmadjyan Tigran and Basmadjyan Melissa
Bought by
Basmadjyan Tigran and Basmadjyan Melissa

Purchase Details

Closed on
Apr 25, 2017
Sold by
Burchett Properties Llc
Bought by
Basmadjyan Tigran and Basmadjyan Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jun 6, 2013
Sold by
Safarian Khatchik Chris
Bought by
Burchett Properties Llc
Seller's Agent
Don Wight
Beverly and Company, Inc.
Buyer's Agent
Don Wight
Beverly and Company, Inc.
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$375,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2013
Closed on
May 24, 2013
Sold by
Karapetian Silviya
Bought by
Karapetian Paul
Seller's Agent
Don Wight
Beverly and Company, Inc.
Buyer's Agent
Don Wight
Beverly and Company, Inc.
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2013
Closed on
May 9, 2013
Sold by
Leung Jeffrey T
Bought by
Karapetian Paul and Safarian Khachik Chris
Seller's Agent
Don Wight
Beverly and Company, Inc.
Buyer's Agent
Don Wight
Beverly and Company, Inc.
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2009
Sold by
Bartoletti Anne M
Bought by
Leung Jeffrey T

Purchase Details

Closed on
Sep 28, 2009
Sold by
Bartoletti Margaret and Bartoletti Lee F
Bought by
Bartoletti Anne M

Purchase Details

Closed on
Jun 15, 2009
Sold by
Bartoletti Margaret and Bartoletti Lee F
Bought by
Bartoletti Margaret

Purchase Details

Closed on
Mar 10, 2004
Sold by
Bartoletti Fernando J and Bartoletti Anne M
Bought by
Bartoletti Sanz Margaret A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
360 Burchett Llc -- Accommodation/Courtesy Recordi
Khechumian Serjik -- Accommodation/Courtesy Recordi
Khechumian Serjik -- Lawyers Title
Basmadjyan Tigran -- None Available
Basmadjyan Tigran $900,000 Lawyers Title
Burchett Properties Llc -- Lawyers Title
Karapetian Paul -- Lawyers Title
Karapetian Paul $500,000 Lawyers Title
Leung Jeffrey T -- Provident Title Company
Bartoletti Anne M -- Provident Title Company
Bartoletti Margaret -- None Available
Bartoletti Sanz Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basmadjyan Tigran $577,500
Previous Owner Karapetian Paul $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $1,440,000 -5.9% $1,160 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $1,530,000 +206.0% $1,233 / Sq Ft
06/05/2013 06/05/13 Sold $500,000 +11.1% $403 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $450,000 -- $363 / 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 $15,914 $1,432,271 $1,159,078 $273,193
2024 $15,480 $1,404,188 $1,136,351 $267,837
2023 $16,177 $1,473,900 $1,179,120 $294,780
2022 $15,896 $1,445,000 $1,156,000 $289,000
2021 $10,718 $964,979 $771,984 $192,995
2019 $10,307 $936,360 $749,088 $187,272
2018 $10,113 $918,000 $734,400 $183,600
2016 $5,743 $520,117 $416,094 $104,023
2015 $5,627 $512,305 $409,844 $102,461
2014 $5,582 $502,270 $401,816 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320007784

California Regional Multiple Listing Service (CRMLS)

APN: 5636-014-005