NOT LISTED FOR SALE

3924 Park Place Unit 7 Montrose, CA 91020

Estimated Value: $744,929 - $798,000

2 Beds
2.5 Baths
1,195 Sq Ft
$330/mo HOA Fee

Last Sold April 02, 2021

Last sale price $605,000 $506 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,103/month

Highlights

  • 0.85 Acre Lot
  • Wood Flooring
  • Subterranean Parking
  • John C. Fremont Elementary School Rated A-
  • Balcony
  • Eat-In Kitchen

About This Home

As of April 2021

Location, location, location. Come and see this Montrose Townhome, in a well maintained small complex. The property features two master suites and one guest bathroom, Eat in kitchen, and a Balcony in the one of the master. It also has a Laundry in the unit, Central A/C, a Dining Area, a nice patio by the living room, and a Gated 2 car parking side by side with nice size storage area. With little love and care make this your own and enjoy all the great things Montrose has to offer. Close to Honolulu, Montrose Village, Montrose Park and USC Verdugo Hills Hospital, and a Great School District. Enjoy the farmers market, great restaurants and shops!

Last Agent to Sell the Property

Souzi Melkonian

Keller Williams Real Estate Services License #01444701 Listed on: 11/25/2020

Keller Williams Real Estate Services

Last Buyer's Agent

May Ahn

Sotheby's International Realty License #01435532

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,267

Year Built

  • Built in 1982

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Partially Fenced Property

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Side by Side Parking
  • Parking Lot

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,195 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Accessible Parking
  • Urban Location

Community Details

  • 22 Units
  • Park Place HOA, Phone Number (818) 240-6515

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5807013061

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,267

Year Built

Built in 1982

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5807013061
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1195.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Laminate, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, In Family Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 506.28
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Partial, Wrought Iron
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Place HOA
  • Phone: 818-240-6515 x1
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Urban

Schools

  • School District: Glendale Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 36881.00
  • Lot Size Acres: 0.8500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 36881.0000 Square Feet
  • Number Of Units In Community: 22

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Mar 5, 2021
Sold by
Tokmakjian Loucine K and Tokmakjian Dikran
Bought by
Taing Susan
Seller's Agent
Souzi Melkonian
Keller Williams Real Estate Services
Buyer's Agent
May Ahn
Sotheby's International Realty
List Price
$619,000
Sold Price
$605,000
Premium/Discount to List
-$14,000
-2.26%
Current Estimated Value
$770,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,732
Avg. Annual Appreciation
5.73%
Original Mortgage
$440,000
Outstanding Balance
$396,860
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$378,388

Purchase Details

Listed on
Aug 18, 2015
Closed on
Jul 29, 2015
Sold by
Jason Wayne M
Bought by
Tokmakjian Dikran and Tokmakjian Loucine K
Seller's Agent
Souzi Melkonian
Keller Williams Real Estate Services
Buyer's Agent
Souzi Melkonian
Keller Williams Real Estate Services
Sold Price
$2,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Jul 21, 2003
Sold by
Lorden Lisa
Bought by
Jason Wayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1998
Sold by
Chang Ling Lee
Bought by
Lorden Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.42%

Purchase Details

Closed on
Feb 11, 1994
Sold by
Lurch Larry and Lurch Christine K
Bought by
Lee Chang Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.38%
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
Taing Susan $605,000 Lawyers Title Company
Tokmakjian Dikran $420,000 Fidelity Sherman Oaks
Jason Wayne M $309,000 Equity Title Company
Lorden Lisa $155,000 --
Lee Chang Ling $160,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Taing Susan $0
Open Taing Susan $440,000
Previous Owner Jason Wayne $113,000
Previous Owner Jason Wayne M $235,000
Previous Owner Jason Wayne M $43,000
Previous Owner Jason Wayne M $229,000
Previous Owner Lorden Lisa $123,000
Previous Owner Lorden Lisa $124,000
Previous Owner Lee Chang Ling $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $605,000 -2.3% $506 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $619,000 0.0% $518 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/25/2021 01/25/21 Price Changed $619,000 +3.3% $518 / Sq Ft
11/25/2020 11/25/20 For Sale $599,000 0.0% $501 / Sq Ft
09/10/2015 09/10/15 Under Contract -- -- --
08/18/2015 08/18/15 For Rent $2,200 0.0% --
08/18/2015 08/18/15 Rented $2,200 0.0% --
08/11/2015 08/11/15 Sold $420,000 0.0% $351 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $420,000 -- $351 / 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 $7,267 $654,867 $441,955 $212,912
2024 $7,267 $642,028 $433,290 $208,738
2023 $7,103 $629,441 $424,795 $204,646
2022 $6,948 $617,100 $416,466 $200,634
2021 $5,244 $459,328 $262,802 $196,526
2020 $5,168 $454,619 $260,108 $194,511
2019 $5,044 $445,706 $255,008 $190,698
2018 $4,968 $436,967 $250,008 $186,959
2016 $4,737 $420,000 $240,300 $179,700
2015 $4,115 $365,538 $229,261 $136,277
2014 $4,084 $358,379 $224,771 $133,608
Source: Public Records

Agents Affiliated with this Home

  • Souzi Melkonian

    Seller's Agent in 2021

    Souzi Melkonian

    Keller Williams Real Estate Services

    (818) 621-9007

    3 in this area

    32 Total Sales

    Souzi Melkonian
    Section Image
  • May Ahn

    Buyer's Agent in 2021

    May Ahn

    Sotheby's International Realty

    (626) 329-6999

    1 in this area

    13 Total Sales

    May Ahn
    Section Image

  • R

    Seller's Agent in 2015

    Robert Minkey

    COMPASS

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-2441

Pasadena-Foothills Association of REALTORS®

APN: 5807-013-061

California Los Angeles County Montrose 91011

3924 Park Place Unit 7, Montrose, CA

This home is located at 3924 Park Place Unit 7, Montrose, CA 91020 since 25 November 2020 and is currently estimated at $770,732, approximately $644 per square foot. This property was built in 1982. 3924 Park Place Unit 7 is a home located in Los Angeles County with nearby schools including John C. Fremont Elementary School, Rosemont Middle School, and Crescenta Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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