NOT LISTED FOR SALE

Estimated Value: $1,202,000 - $1,638,000

5 Beds
4 Baths
2,092 Sq Ft
$684/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $1,347,000 $644 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,733/month

9 Days on Market

Highlights

  • Built in 1912 | Newly Remodeled
  • Open Floorplan
  • Granite Countertops
  • Herbert Hoover High School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of October 2022

Remodeled trophy 2-Unit Single Story Duplex located on a tree lined street in Glendale on an oversized flat lot. This asset presents a unique opportunity for an investor or owner/user to acquire a well maintained income property a few blocks from the Americana at Brand and Glendale’s city center. Front unit is detached and features a 3BD/2BA 1,100sqft. w/Central AC, New Chefs Kitchen, and Laundry. The Rear unit is private and features a 2BD/2BA 1,000sqft. New Construction (Built in 2022), Central AC, Laundry Inside and has never been lived in. With a potential income of $6,700/month, ease of management and superb location, 406 Vine offers an investor or owner/user to take over and exceptional, low maintenance asset.

Last Agent to Sell the Property

Arbi Baghoomian

Americana Real Estate Services License #01863845 Listed on: 08/22/2022

Last Buyer's Agent

Narbe Baghoomian

Americana Real Estate Services License #01956848

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912 | Newly Remodeled

Lot Details

  • 6,269 Sq Ft Lot
  • Vinyl Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned GLR4*

Home Design

  • Traditional Architecture
  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,092 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Laminate Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / P
  • Tax Tract Number 4
  • Assessor Parcel Number 5696009003
  • $181 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1912 | Newly Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: GLR4*
  • Architectural Style: Bungalow, Traditional
  • New Construction: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5696009003
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 643.88
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6269.00
  • Lot Size Acres: 0.1439

Multi Family

  • Gross Income: 6700.00
  • Gross Scheduled Income: 6700.00
  • Insurance Expense: 150.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6269.0000 Square Feet
  • Net Operating Income: 6700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Expenses: 150.00

Tax Info

  • Tax Block: P
  • Tax Census Tract: 3023.02
  • Tax Lot: 2
  • Tax Tract Number: 4-045
  • TaxOtherAnnualAssessmentAmount: 181.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 30, 2022
Sold by
Kolsozian Elizabeth Deragobian
Bought by
Deragobian Aram
Seller's Agent
Arbi Baghoomian
Americana Real Estate Services
Buyer's Agent
Narbe Baghoomian
Americana Real Estate Services
List Price
$1,299,000
Sold Price
$1,347,000
Premium/Discount to List
$48,000
3.7%
Views
22
Current Estimated Value
$1,430,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,725
Avg. Annual Appreciation
1.88%
Original Mortgage
$942,900
Outstanding Balance
$901,746
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$528,979

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 20, 2022
Sold by
Biglari Derou and Ani Armen
Bought by
Deragobian Aram
Seller's Agent
Arbi Baghoomian
Americana Real Estate Services
Buyer's Agent
Narbe Baghoomian
Americana Real Estate Services
List Price
$1,299,000
Sold Price
$1,347,000
Premium/Discount to List
$48,000
3.7%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,900
Outstanding Balance
$901,746
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$528,979

Purchase Details

Closed on
Jan 18, 2008
Sold by
Valdes Ana
Bought by
The Ana Valdes Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deragobian Aram -- California Best Title
Deragobian Aram $1,347,000 California Best Title
The Ana Valdes Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deragobian Aram $942,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $1,347,000 0.0% $644 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/30/2022 08/30/22 Off Market $1,347,000 -- --
08/22/2022 08/22/22 For Sale $1,299,000 +47.6% $621 / Sq Ft
01/08/2021 01/08/21 Sold $880,000 +3.7% $806 / Sq Ft View Prior Sale
12/02/2020 12/02/20 For Sale $849,000 -3.5% $777 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/25/2020 11/25/20 Off Market $880,000 -- --
11/17/2020 11/17/20 For Sale $849,000 0.0% $777 / Sq Ft
02/13/2012 02/13/12 Rented $975 -- --
01/12/2012 01/12/12 Under Contract -- -- --
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 $15,112 $1,401,417 $985,674 $415,743
2024 $15,112 $1,373,940 $966,348 $407,592
2023 $14,765 $1,347,000 $947,400 $399,600
2022 $9,972 $897,600 $718,080 $179,520
2021 $8,030 $721,396 $566,811 $154,585
2020 $875 $64,286 $41,772 $22,514
2019 $858 $63,026 $40,953 $22,073
2018 $793 $61,791 $40,150 $21,641
2016 $744 $59,393 $38,592 $20,801
2015 $731 $58,502 $38,013 $20,489
2014 $736 $57,357 $37,269 $20,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22182487

California Regional Multiple Listing Service (CRMLS)

APN: 5696-009-003