NOT LISTED FOR SALE

405 Lincoln Ave Unit 2 Glendale, CA 91205

Somerset Neighborhood

Estimated Value: $663,331 - $787,000

2 Beds
2.5 Baths
1,073 Sq Ft
$220/mo HOA Fee

Last Sold May 31, 2019

Last sale price $495,000 $461 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,506/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Laundry Room
  • Family Room
  • Controlled Access
  • Central Heating and Cooling System
  • Community Storage Space

About This Home

As of May 2019

You won't want to miss this rare opportunity: a fantastic gem located in a perfectly situated Glendale neighborhood. Inside, you'll find a desirable dual master floor plan which makes exceptional use of every one of its 1,073 sq. ft. of living space. The open concept first floor includes the updated Kitchen - adorned with stainless steel appliances - and roomy dining area and living room. Just beyond the slider is a cozy patio, perfect for enjoying that beautiful Southern California weather. Rounding out the first level is a half bathroom and the convenience of a dedicated laundry room. Heading upstairs you will find both bedrooms, each configured as a master suite with its own dedicated bathroom, and boasting soaring ceilings for a truly spacious and luxurious feel. When it is time to leave home, this properties ideal location make commuting for work or play a breeze. As an added bonus, in spite of one of the lowest HOA dues for any condo in the area, you'll still enjoy access to two parking spaces with ample storage in the building's secured garage, gated residence access, and well manicured common areas.

Last Agent to Sell the Property

John Catalano

Realty One Group Success License #01793530 Listed on: 04/29/2019

Realty One Group Success

Co-Listed By

Jonathan Kallestad

Realty One Group Success License #01718724

Last Buyer's Agent

Naira Ambar

Real Brokerage Technologies License #01986768

Real Brokerage Technologies

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,937

Year Built

  • Built in 1991

Lot Details

  • Two or More Common Walls

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,073 Sq Ft Home
  • Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Overhead Utilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 51166
  • Assessor Parcel Number 5680021034

Community Details

Overview

  • Master Insurance
  • 5 Units
  • Lincoln Townhomes Association, Phone Number (818) 203-0999

Additional Features

  • Community Storage Space
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,937

Year Built

Built in 1991

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: GLR4YY
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5680021034
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1073.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 461.32
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Master Bathroom, Master Bedroom, Master Suite, Two Masters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Trash, Controlled Access
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Association Name: Lincoln Townhomes
  • Phone: 818-203-0999
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Schools

  • School District: Glendale Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Utilities - Overhead
  • Lot Size Sq Ft: 6105.00
  • Lot Size Acres: 0.1402

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6105.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3021.04
  • Tax Lot: 1
  • Tax Tract Number: 51166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
May 14, 2019
Sold by
Bodker Joel and Bodker Cherry
Bought by
Adzhemyan Arutyun
Seller's Agent
John Catalano
Realty One Group Success
Buyer's Agent
Naira Ambar
Real Brokerage Technologies
List Price
$459,000
Sold Price
$495,000
Premium/Discount to List
$36,000
7.84%
Current Estimated Value
$692,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,516
Avg. Annual Appreciation
5.76%
Original Mortgage
$315,000
Outstanding Balance
$277,536
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$423,047

Purchase Details

Closed on
Oct 12, 2011
Sold by
Rogers Sarah A and Nord Sarah A
Bought by
Bodker Joel and Bodker Cherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2007
Sold by
Fitzgerald Michael J and Fitzgerald Felizarda P
Bought by
Nord Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1996
Sold by
Eskandari Alberik and Eskandari Angele
Bought by
Fitzgerald Michael J and Fitzgerald Felizarda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,250
Interest Rate
7.41%
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
Adzhemyan Arutyun $495,000 First American Title Company
Bodker Joel $205,000 Advantage Title Inc
Rogers Sarah A -- Advantage Title Inc
Nord Sarah A $418,000 Southland Title
Fitzgerald Michael J $112,500 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adzhemyan Arutyun $315,000
Previous Owner Bodker Joel $164,000
Previous Owner Nord Sarah A $334,400
Previous Owner Fitzgerald Michael J $50,000
Previous Owner Fitzgerald Michael J $100,000
Previous Owner Fitzgerald Michael J $82,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $495,000 +7.8% $461 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $459,000 -- $428 / 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 $5,937 $552,177 $369,792 $182,385
2024 $5,937 $541,351 $362,542 $178,809
2023 $5,800 $530,737 $355,434 $175,303
2022 $5,696 $520,331 $348,465 $171,866
2021 $5,596 $510,130 $341,633 $168,497
2019 $2,870 $230,820 $86,247 $144,573
2018 $2,485 $226,295 $84,556 $141,739
2016 $2,360 $217,510 $81,274 $136,236
2015 $2,312 $214,244 $80,054 $134,190
2014 $2,296 $210,048 $78,486 $131,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19096603

California Regional Multiple Listing Service (CRMLS)

APN: 5680-021-034