NOT LISTED FOR SALE

Estimated Value: $826,000 - $1,237,000

5 Beds
3 Baths
1,789 Sq Ft
$593/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $618,000 $345 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,290/month

1 Day on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Harvard Mini Park
  • Herbert Hoover High School Rated A-
  • Floor Furnace

About This Home

As of March 2014

New paint! New paint ! Highly desirable community of Glendale location. Block to Glendale Galleria and Americana at Brand with quiet and nice neighborhood. Minutes from Glendale Civic Center and Glendale City College. Easy access to Transportation and to freeway 134, 2, and 5.
Non-rent control location. This craftsman cottage corner property consists of 3 separate single houses on the lot. The property is at the high demographic, visibility corner. Front house (466 Ivy St.) is 814 SF with 2 Bed/1 Bath, long driveway, carport parking & basement . Second house (134 S. Pacific Ave.) is 540 SF with 2 Bed/1 Bath ,nice back yard. Third house (136 S. Pacific Ave.) is 435 SF with 1 Bed/1 Bath,long driveway and one car garage.Tax record show 3 bedroom,3 bath. Buyer's agent & buyers to investigate all information to satisfy themselves.

Last Agent to Sell the Property

Dantes Woo

EASTAR REALTY License #01496895 Listed on: 02/10/2014

Last Buyer's Agent

Dikran Mikailian

Berkshire Hathaway Home Svcs License #01344221

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,391 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • 1,789 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Private Water Source

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 5695007046

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $660
  • Insurance Expense $700
  • Water Sewer Expense $1,500
  • New Taxes Expense $7,500
  • Gross Income $3,645
  • Net Operating Income $33,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,391 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: R4
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 5695007046
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 345.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Water Source: Public, Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6391.00
  • Lot Size Acres: 0.1470

Multi Family

  • Gross Income: 3645.00
  • Gross Scheduled Income: 43740.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6391.0000 Square Feet
  • Net Operating Income: 33380.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 10360.00
  • Rent Control: No
  • Total Actual Rent: 3645.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 18
  • Tax Tract Number: EX
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2016
Sold by
Setrakian Levon and Setrakian Hilda
Bought by
Setrakian Levon and Setrakian Hilda
Current Estimated Value
$1,060,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$279,225
Interest Rate
3.56%
Mortgage Type
Commercial
Estimated Equity
$781,452

Purchase Details

Closed on
Jul 15, 2016
Sold by
Setrakian Levon and Setrakian Hilda
Bought by
Setrakian Levon and Setrakian Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$279,225
Interest Rate
3.56%
Mortgage Type
Commercial
Estimated Equity
$781,452

Purchase Details

Listed on
Feb 10, 2014
Closed on
Mar 3, 2014
Sold by
Sin David K and Sin Vivian W
Bought by
The Setrakian Family Trust
Seller's Agent
Dantes Woo
EASTAR REALTY
Buyer's Agent
Dikran Mikailian
Berkshire Hathaway Home Svcs
List Price
$618,000
Sold Price
$618,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$368,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Chang Young
Bought by
Sin David K and Sin Vivian W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2005
Sold by
Tenir Llc
Bought by
Chang Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 28, 2005
Sold by
Chang Daniel H
Bought by
Chang Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 8, 2004
Sold by
Gross David L and Gross Shirley J
Bought by
Tarandek Vladimir and Tarandek Jasmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.09%
Mortgage Type
Seller Take Back
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
Setrakian Levon -- Chicago Title Company
Setrakian Levon -- Title 365
The Setrakian Family Trust $618,000 Old Republic Title Company
Sin David K $670,000 Investors Title
Chang Young $710,000 Gateway Title Company
Chang Young -- Gateway Title Company
Tarandek Vladimir $400,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Setrakian Levon $350,000
Closed Setrakian Levon $48,000
Closed The Setrakian Family Trust $368,000
Previous Owner Sin David K $435,000
Previous Owner Chang Young $568,000
Previous Owner Chang Young $52,000
Previous Owner Tarandek Vladimir $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $618,000 0.0% $345 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $618,000 -- $345 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,531 $757,573 $600,668 $156,905
2024 $8,339 $742,720 $588,891 $153,829
2023 $8,151 $728,158 $577,345 $150,813
2022 $8,009 $713,881 $566,025 $147,856
2021 $7,870 $699,884 $554,927 $144,957
2020 $7,757 $692,708 $549,237 $143,471
2019 $7,570 $679,126 $538,468 $140,658
2018 $7,418 $665,810 $527,910 $137,900
2016 $7,077 $639,958 $507,411 $132,547
2015 $6,933 $630,347 $499,790 $130,557
2014 $7,817 $703,830 $525,247 $178,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14028398

California Regional Multiple Listing Service (CRMLS)

APN: 5695-007-046

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