NOT LISTED FOR SALE

405 Lincoln Ave Unit 4 Glendale, CA 91205

Somerset Neighborhood

Estimated Value: $646,000 - $718,000

2 Beds
2.5 Baths
1,073 Sq Ft
$638/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $595,000 $555 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,645/month

77 Days on Market

Highlights

  • Updated Kitchen
  • Eat-In Kitchen
  • Side by Side Parking
  • Neighborhood Views
  • Double Pane Windows
  • Walk-In Closet

About This Home

As of January 2023

HUGE PRICE IMPROVEMENT... BRING ALL OFFERS... Superb, move-in ready 2-story townhouse in a desirable area of Glendale! This 2-bedroom, 2.5-bathroom townhouse showcases a 1,073 SqFt floorplan with light and bright rooms. The first floor is a spacious and open living/dining room and kitchen. Great flooring, central air and heat, and sliding doors leading to a large balcony with neighborhood views. The kitchen has been updated with gorgeous countertops, ample cabinet space, double-basin sink, nice appliances, and bar seating connecting with the dining area. Both bedrooms are great sizes with carpet, baseboard molding, bright windows, lots of closet space, and personal bathrooms. Bathrooms are recently updated, clean and showcase ideal vanity space. Newer double-pane windows can be found throughout the home. Laundry with washer and dryer is conveniently located in its own separate nook. Covered and gated parking for two cars and a big storage unit in the parking area. Only 5 units in this complex making a more private community. In a prime spot close to the Glendale Galleria, markets, hotels, shops, and restaurants. Located in the Glendale Unified school district with easy access to the 2-Freeway and 134-Freeway.

Last Agent to Sell the Property

Razmik Boghossian

JohnHart Real Estate License #00954903 Listed on: 10/14/2022

JohnHart Real Estate

Last Buyer's Agent

Rachel Diana

eXp Realty of Greater Los Angeles, Inc. License #02027375

eXp Realty of Greater Los Angeles, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,649

Year Built

  • Built in 1991

Lot Details

  • 6,201 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $420 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,073 Sq Ft Home
  • Double Pane Windows
  • Sliding Doors
  • Living Room Balcony
  • Combination Dining and Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Makeup or Vanity Space
  • Bathtub with Shower

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 51166
  • Assessor Parcel Number 5680021036

Community Details

Overview

  • 5 Units
  • Lincoln Townhomes HOA, Phone Number (213) 215-2288
  • Harut Ajemian HOA

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,649

Year Built

Built in 1991

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: GLR4YY
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5680021036
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1073.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • 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 Living Room
  • Levels: Two
  • Price Per Square Foot: 554.52
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Vanity Area
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, On Site, Side by Side
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Management
  • Association Fee: 420.00
  • Association Fee Frequency: Monthly
  • Association Name: Lincoln Townhomes HOA
  • Phone: 213-215-2288
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: Harut Ajemian

Schools

  • School District: Glendale Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6201.00
  • Lot Size Acres: 0.1424
  • Latitude Manual: 34.14166800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6201.0000 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
Oct 14, 2022
Closed on
Dec 21, 2022
Sold by
Tong Hui and Tong Helen Zhongen
Bought by
Talbot Chelsea M P and Talbot John Holland
Seller's Agent
Razmik Boghossian
JohnHart Real Estate
Buyer's Agent
Rachel Diana
eXp Realty of Greater Los Angeles, Inc.
List Price
$659,000
Sold Price
$595,000
Premium/Discount to List
-$64,000
-9.71%
Views
132
Current Estimated Value
$670,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,514
Avg. Annual Appreciation
5.58%
Original Mortgage
$446,250
Outstanding Balance
$432,648
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$252,177

Purchase Details

Closed on
Feb 1, 1999
Sold by
Golnazarian Emol
Bought by
Tong Hui and Huang Zhong En

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.77%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Eskandari Alberik and Eskandari Angele
Bought by
Golnazarian Emol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
5.95%
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
Talbot Chelsea M P $595,000 Clearmark Title
Tong Hui $125,000 North American Title Co
Golnazarian Emol $112,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talbot Chelsea M P $446,250
Previous Owner Tong Hui $60,000
Previous Owner Golnazarian Emol $72,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $595,000 -3.3% $555 / Sq Ft
11/18/2022 11/18/22 Price Changed $615,000 -6.7% $573 / Sq Ft
10/14/2022 10/14/22 For Sale $659,000 -- $614 / 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 $6,649 $619,037 $401,178 $217,859
2024 $6,649 $606,900 $393,312 $213,588
2023 $2,172 $188,332 $75,332 $113,000
2022 $2,132 $184,640 $73,855 $110,785
2021 $2,091 $181,020 $72,407 $108,613
2019 $2,012 $175,653 $70,260 $105,393
2018 $1,974 $172,210 $68,883 $103,327
2016 $1,873 $165,524 $66,209 $99,315
2015 $1,836 $163,039 $65,215 $97,824
2014 $1,827 $159,846 $63,938 $95,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22221670

California Regional Multiple Listing Service (CRMLS)

APN: 5680-021-036