NOT LISTED FOR SALE

409 Salem St Glendale, CA 91203

Vineyard Neighborhood

Estimated Value: $1,114,000 - $1,492,000

4 Beds
3 Baths
2,150 Sq Ft
$628/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $890,000 $414 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,020/month

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Fireplace
  • Herbert Hoover High School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of November 2019

Huge Price reduction**All buyers are welcomed** Two Houses in the Hottest Neighborhood of downtown Glendale.**Front House Has 3 Bedroom & 2 Bath** Second House is 1 bedroom and 1 bath** Recently updated laminate flooring thru out**Central AC & Heating** Each Unit has Its Own Gas & Electrical Units** Also Has Detached 2 Car Garage With Plenty of Parking In The back**This is a great opportunity for an investor or a family who wants to live in the front and rent out the back for additional income.

Last Agent to Sell the Property

Avi Ghazaryan

RLG State Realty License #01973769 Listed on: 04/23/2019

Co-Listed By

Talin Torossian

RLG State Realty License #01973750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,573

Year Built

  • Built in 1920

Lot Details

  • 6,962 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,150 Sq Ft Home
  • Fireplace
  • Laminate Flooring
  • Neighborhood Views
  • Gas Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Conventional Septic

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 52
  • Tax Tract Number 839
  • Assessor Parcel Number 5637017034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,573

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: GLR4YY
  • Property Type: Residential Income
  • Parcel Number: 5637017034
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 413.95
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6962.00
  • Lot Size Acres: 0.1598

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Lot Size Area: 6962.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3018.02
  • Tax Lot: 52
  • Tax Tract Number: 839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Oct 1, 2019
Sold by
Keshishian Rafik and Ebrahimi Loosik
Bought by
Khalili Emad
Seller's Agent
Avi Ghazaryan
RLG State Realty
List Price
$948,948
Sold Price
$890,000
Premium/Discount to List
-$58,948
-6.21%
Current Estimated Value
$1,350,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,451
Avg. Annual Appreciation
7.27%
Original Mortgage
$712,000
Outstanding Balance
$625,649
Interest Rate
3.65%
Estimated Equity
$724,802

Purchase Details

Closed on
Dec 23, 2015
Sold by
Keshishian Rafik
Bought by
Keshishian Rafik and Ebrahimi Loosik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,198
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Ebrahimi Loosik
Bought by
Keshishian Rafik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Mikhitarian Armen and Mikhitarian Siran
Bought by
Keshishian Rafik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Mkhitarian Armen and Mkhitarian Siran
Bought by
Mkhitarian Armen and Mkhitarian Siran

Purchase Details

Closed on
Jan 12, 1998
Sold by
Kupelian Berj and Kupelian Juliette
Bought by
Mkhitarian Armen and Mkhitarian Siran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
7.05%
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
Khalili Emad $890,000 Lawyers Title
Keshishian Rafik -- Lawyers Title
Keshishian Rafik -- Priority Title
Keshishian Rafik -- First American Title
Keshishian Rafik $500,000 First American Title
Mkhitarian Armen $20,000 Gateway Title Company
Mkhitarian Armen -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalili Emad $712,000
Previous Owner Keshishian Rafik $332,198
Previous Owner Keshishian Rafik $400,000
Previous Owner Mkhitarian Armen $112,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $890,000 -6.2% $414 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $948,948 -- $441 / 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 $10,573 $973,342 $820,233 $153,109
2024 $10,573 $954,257 $804,150 $150,107
2023 $10,332 $935,547 $788,383 $147,164
2022 $10,151 $917,204 $772,925 $144,279
2021 $9,976 $899,220 $757,770 $141,450
2020 $9,833 $890,000 $750,000 $140,000
2019 $7,057 $637,264 $586,291 $50,973
2018 $6,880 $624,770 $574,796 $49,974
2016 $7,132 $653,664 $521,651 $132,013
2015 $6,498 $591,493 $544,179 $47,314
2014 $6,448 $579,908 $533,520 $46,388
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Avi Ghazaryan

    RLG State Realty

    (818) 280-4213

    1 in this area

    31 Total Sales

    Avi Ghazaryan
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Talin Torossian

    RLG State Realty

    (818) 280-4213

    15 Total Sales

    Talin Torossian
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19084487

California Regional Multiple Listing Service (CRMLS)

APN: 5637-017-034

California Los Angeles County Glendale 91203 Vineyard

409 Salem St, Glendale, CA

This home is located at 409 Salem St, Glendale, CA 91203 since 23 April 2019 and is currently estimated at $1,350,451, approximately $628 per square foot. This property was built in 1920. 409 Salem St is a home located in Los Angeles County with nearby schools including Columbus Elementary School, Eleanor J. Toll Middle School, and Herbert Hoover 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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