NOT LISTED FOR SALE

500 E Lexington Dr Unit 201 Glendale, CA 91206

City Center Neighborhood

Estimated Value: $636,000 - $664,000

2 Beds
2 Baths
1,159 Sq Ft
30,492 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $515,000 $444 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,982/month

30 Days on Market

Highlights

  • 0.7 Acre Lot
  • Laundry Room
  • Carpet

About This Home

As of March 2018

A one of a kind corner unit condo located in a highly desirable area of Glendale. A two bedroom and two bathroom open floor plan unit with hardwood flooring, washer and dryer inside, large balcony, fireplace, appliances, walk in closets, and much more. Well maintained secured complex with low HOA dues. Two car parking spots in subterranean garage with direct storage bin access. Close to Glendale Galleria, Americana, stores, shops, restaurants and more. A must see beautiful spacious condo. LA related to seller, agents please read private remarks.

Last Agent to Sell the Property

Ara Markari

Crown Mark Real Estate Group Inc License #01841435 Listed on: 02/13/2018

Last Buyer's Agent

Albert Babayan

JohnHart Real Estate License #01012033

JohnHart Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 0.7

Parking

  • 2 Car Garage

Interior Spaces

  • 1,159 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Community Details

  • Park Lexington Homeowners Association
  • Lbpm HOA

Listing and Financial Details

  • Assessor Parcel Number 5643015196

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0.7 Acres

Parking

2

Listing Details

  • Inclusions: Appliances.
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: GLR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5643015196
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1159.00
  • Stories: 1
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 444.35

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Laundry Features: Gas Dryer Hookup, Washer Included

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Park Lexington Homeowners Association
  • Senior Community: No
  • Association Management: LBPM

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30683.00
  • Lot Size Acres: 0.7000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30683.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Feb 22, 2018
Sold by
Markari Vahik
Bought by
Arakelianderakhtaki Armen and Shabani Tina
Seller's Agent
Ara Markari
Crown Mark Real Estate Group Inc
Buyer's Agent
Albert Babayan
JohnHart Real Estate
List Price
$449,000
Sold Price
$515,000
Premium/Discount to List
$66,000
14.7%
Current Estimated Value
$655,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,243
Avg. Annual Appreciation
3.05%
Original Mortgage
$300,000
Outstanding Balance
$254,952
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$400,291

Purchase Details

Closed on
Aug 15, 2003
Sold by
Markari Vahik
Bought by
Markari Vahik and Markari Roubina

Purchase Details

Closed on
Oct 6, 1999
Sold by
Markari Vahan
Bought by
Markari Vahan and Markari Robina A

Purchase Details

Closed on
Jan 7, 1994
Sold by
Blum Irving
Bought by
Markari Vahan and Markari Robina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.98%
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
Arakelianderakhtaki Armen $515,000 Lawyers Title
Markari Vahik -- --
Markari Vahan -- --
Markari Vahan $120,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arakelianderakhtaki Armen $300,000
Previous Owner Markari Vahan $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $515,000 +14.7% $444 / Sq Ft
02/13/2018 02/13/18 For Sale $449,000 -- $387 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,434 $585,977 $406,088 $179,889
2024 $6,294 $574,488 $398,126 $176,362
2023 $6,149 $563,224 $390,320 $172,904
2022 $6,038 $552,181 $382,667 $169,514
2021 $5,932 $541,355 $375,164 $166,191
2020 $5,845 $535,805 $371,318 $164,487
2019 $5,701 $525,300 $364,038 $161,262
2018 $2,051 $179,226 $51,223 $128,003
2016 $1,946 $172,269 $49,235 $123,034
2015 $1,908 $169,682 $48,496 $121,186
2014 $1,897 $166,360 $47,547 $118,813
Source: Public Records

Agents Affiliated with this Home

  • Ara Markari

    Seller's Agent in 2018

    Ara Markari

    Crown Mark Real Estate Group Inc

    (818) 497-3315

    6 Total Sales

    Ara Markari
    Section Image
  • Albert Babayan

    Buyer's Agent in 2018

    Albert Babayan

    JohnHart Real Estate

    (818) 246-1099

    10 in this area

    129 Total Sales

    Albert Babayan
    Section Image

  • R

    Buyer Co-Listing Agent in 2018

    Roubina Zargarian

    JohnHart Real Estate

    (818) 246-1099

    10 in this area

    110 Total Sales

    Roubina Zargarian
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818000663

Pasadena-Foothills Association of REALTORS®

APN: 5643-015-196

California Los Angeles County Glendale 91206 City Center

500 E Lexington Dr Unit 201, Glendale, CA

Not Listed for Sale

Condos

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