NOT LISTED FOR SALE

406 W Cypress St Glendale, CA 91204

Tropico Neighborhood

Estimated Value: $696,000 - $805,000

2 Beds
1 Bath
764 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $320,000 $419 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,363/month

14 Days on Market

Highlights

  • Main Floor Bedroom
  • Neighborhood Views
  • Cooling Available
  • No HOA
  • Porch
  • Patio

About This Home

As of August 2016

Amazing Opportunity: Mixed use property zoned for commercial or residential use per the city of Glendale. The property is currently used as 2-bedroom 1-bathroom single family home.

Last Agent to Sell the Property

Richard Eldred

Coldwell Banker Residential Br License #01905380 Listed on: 08/08/2016

Coldwell Banker Residential Br

Last Buyer's Agent

Victor Reeves

Elite International Real Estate, Home Loans and Escrow Inc. License #01941854

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 2,115 Sq Ft Lot
  • Front Yard
  • Property is zoned GLM1*

Home Design

  • Bungalow

Interior Spaces

  • 764 Sq Ft Home
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Additional Features

  • Urban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 6020
  • Assessor Parcel Number 5640019007

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: GLM1*
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5640019007
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 764.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 418.85
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Porch
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2115.00
  • Price Per Lot Square Foot: 151.30

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 6020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Oct 6, 2016
Sold by
Mccutcheon Scott Lee
Bought by
Anson Llc
Seller's Agent
Richard Eldred
Coldwell Banker Residential Br
Buyer's Agent
Victor Reeves
Elite International Real Estate, Home Loans and Escrow Inc.
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$765,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,953
Avg. Annual Appreciation
9.75%
Original Mortgage
$256,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2016
Closed on
Aug 26, 2016
Sold by
Mccutcheon Kathy
Bought by
Mccutcheon Scott Lee
Seller's Agent
Richard Eldred
Coldwell Banker Residential Br
Buyer's Agent
Victor Reeves
Elite International Real Estate, Home Loans and Escrow Inc.
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2016
Closed on
Aug 24, 2016
Sold by
Ruano Maria Elena
Bought by
Mccutcheon Scott Lee
Seller's Agent
Richard Eldred
Coldwell Banker Residential Br
Buyer's Agent
Victor Reeves
Elite International Real Estate, Home Loans and Escrow Inc.
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2012
Sold by
Acevedo Octavio E
Bought by
Acevedo Guerra Francisco and Acevedo Maria E

Purchase Details

Closed on
Aug 1, 2003
Sold by
Guerra Francisco Acevedo
Bought by
Acevedo Segura Octavio E
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
Anson Llc $338,000 Fatcola
Mccutcheon Scott Lee -- Progressive Title Company
Mccutcheon Scott Lee $320,000 Progressive Title Company
Acevedo Guerra Francisco -- Progressive Title Company
Ruano Maria Elena -- Progressive Title Company
Acevedo Guerra Francisco -- None Available
Acevedo Segura Octavio E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccutcheon Scott Lee $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $320,000 0.0% $419 / Sq Ft
08/08/2016 08/08/16 For Sale $320,000 -- $419 / 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 $4,298 $392,271 $334,245 $58,026
2024 $4,298 $384,581 $327,692 $56,889
2023 $4,201 $377,041 $321,267 $55,774
2022 $4,125 $369,649 $314,968 $54,681
2021 $4,055 $362,402 $308,793 $53,609
2019 $3,903 $351,655 $299,635 $52,020
2018 $3,829 $344,760 $293,760 $51,000
2016 $1,039 $96,720 $65,794 $30,926
2015 $1,017 $95,268 $64,806 $30,462
2014 $1,015 $93,403 $63,537 $29,866
Source: Public Records

Agents Affiliated with this Home

  • Richard Eldred

    Seller's Agent in 2016

    Richard Eldred

    Coldwell Banker Residential Br

    (310) 503-2519

    24 Total Sales

    Richard Eldred
    Section Image

  • V

    Buyer's Agent in 2016

    Victor Reeves

    Elite International Real Estate, Home Loans and Escrow Inc.

    (818) 993-7370

    3 Total Sales

    Victor Reeves
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16173723

California Regional Multiple Listing Service (CRMLS)

APN: 5640-019-007

California Los Angeles County Glendale 91204 Tropico

406 W Cypress St, Glendale, CA

Not Listed for Sale

Detached

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