NOT LISTED FOR SALE

Estimated Value: $1,217,000 - $2,004,000

2 Beds
3 Baths
712 Sq Ft
$2,331/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $380,000 $534 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $9,683/month

159 Days on Market

Highlights

  • 7,211 Acre Lot
  • Bungalow
  • 1-Story Property
  • Wood Flooring

About This Home

As of March 2014

Investors DREAM, builders opportunity! Original 1920s bungalow fixer in need of TLC. This property is located in one of the hottest areas in Glendale, with great potential. Fantastic lot ideally located in the historic Somerset Glendale, adjacent to Adams Hill, and at a short distance to Downtown Los Angeles and The Americana shopping center. Close to Eagle Rock with freeway access including the 2 freeway & the 134 freeway.

Last Agent to Sell the Property

Sarah Arfa

Core Real Estate Group License #01892170 Listed on: 09/13/2013

Core Real Estate Group

Last Buyer's Agent

Ara Markari

License #01841435

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,211 Acre Lot
  • Lot Dimensions are 48x156
  • Property is zoned GLR4YY

Home Design

  • Bungalow

Interior Spaces

  • 712 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Alarm System

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Listing and Financial Details

  • Assessor Parcel Number 5680-017-012

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 712
  • Lot Acreage: 7211.0000
  • Lot Dimensions: 48x156
  • Stories: 1
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 2
  • Half Bathroom: 2
  • One Quarter Bathrooms: 1
  • Total Bathrooms: 1.00
  • Equipment: Alarm System
  • Price Per S Q F T: 560.39

Exterior Features

  • Construction: Block
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Parking Garage: Carport
  • Total Parking: 1

Lot Info

  • Assessor Parcel Number: 5680-017-012
  • Geocode Override: No
  • Lot Size Area: 7211

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2018
Sold by
Mangassayran Janae
Bought by
411 Verdugo Road Llc
Current Estimated Value
$1,659,413

Purchase Details

Closed on
Jul 31, 2015
Sold by
Mangasaryan Vahe
Bought by
Mangasaryan Janae

Purchase Details

Listed on
Sep 13, 2013
Closed on
Mar 19, 2014
Sold by
Mangasaryan Janae
Bought by
Mangasaryan Vahe
Seller's Agent
Sarah Arfa
Core Real Estate Group
Buyer's Agent
Ara Markari
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$200,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 13, 2013
Closed on
Mar 6, 2014
Sold by
Reedy Wanda R and The Wanda R Reedy Revocable Tr
Bought by
Mangasaryan Vahe
Seller's Agent
Sarah Arfa
Core Real Estate Group
Buyer's Agent
Ara Markari
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2004
Sold by
Reedy Wanda R
Bought by
Reedy Wanda R and Wanda R Reedy Revocable Trust
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
411 Verdugo Road Llc -- Lawyers Title
Mangasaryan Janae -- Accommodation
Mangasaryan Janae -- Accommodation
Mangasaryan Vahe -- California Title Company
Mangasaryan Vahe $380,000 California Title Company
Reedy Wanda R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mangasaryan Vahe $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2014 03/24/14 Sold $380,000 -4.8% $534 / Sq Ft
02/25/2014 02/25/14 For Sale $399,000 0.0% $560 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
09/13/2013 09/13/13 For Sale $399,000 -- $560 / Sq Ft
Source: The MLS

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 $12,067 $1,438,073 $912,493 $525,580
2024 $12,067 $1,106,767 $894,601 $212,166
2023 $11,787 $1,085,066 $877,060 $208,006
2022 $11,580 $1,063,791 $859,863 $203,928
2021 $11,394 $1,042,933 $843,003 $199,930
2020 $11,229 $1,032,240 $834,360 $197,880
2019 $10,951 $1,012,000 $818,000 $194,000
2018 $4,553 $409,397 $327,518 $81,879
2016 $4,347 $393,501 $314,801 $78,700
2015 $4,259 $387,591 $310,073 $77,518
2014 $580 $43,907 $38,975 $4,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-704517

The MLS

APN: 5680-017-012