NOT LISTED FOR SALE

500 E Lexington Dr Unit 206 Glendale, CA 91206

City Center Neighborhood

Estimated Value: $693,000 - $752,000

2 Beds
2 Baths
1,151 Sq Ft
$250/mo HOA Fee

Last Sold October 16, 2018

Last sale price $550,000 $478 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,680/month

34 Days on Market

Highlights

  • 0.7 Acre Lot
  • Central Air
  • Heating System Uses Natural Gas
  • Wood Flooring
  • Dining Room

About This Home

As of October 2018

Terrific single story condo in the heart of downtown Glendale! 500 E Lexington is a security-gated complex within walking distance to restaurants and shopping on bustling Brand Blvd. Unit 206 is a spacious two bed unit with two master suites and two walk in closets, an open floorplan, and laundry in unit. There's also abundant cabinet space, a large breakfast bar and pantry, a lovely marble gas fireplace, and a sliding glass door leading to a private balcony. Two subterranean parking spaces are assigned to this unit, and the building is well maintained by the very reasonable HOA fees. Don't miss out on this wonderful condo in this prime Glendale location!

Last Agent to Sell the Property

Ash Hammad

COMPASS License #01700230 Listed on: 09/06/2018

COMPASS

Co-Listed By

Michael Wu

COMPASS License #01403896

Last Buyer's Agent

Kathy Seuylemezian

Coldwell Banker Residential Brokerage License #00947297

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1986

Lot Details

  • 0.7

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Community Parking Structure

Interior Spaces

  • 1,151 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Park Lexington Homeowners Association
  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5643015191

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,587

Year Built

Built in 1986

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: GLR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5643015191
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1151.00
  • Stories: 1
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 477.85

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Refrigerator, Range
  • Heating Type: Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Lexington Homeowners Association
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 30684.00
  • Lot Size Acres: 0.7000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30684.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 8, 2018
Sold by
Ayvazian Andrea Chen
Bought by
Ayvazian David H
Seller's Agent
Ash Hammad
COMPASS
Buyer's Agent
Kathy Seuylemezian
Coldwell Banker Residential Brokerage
List Price
$529,000
Sold Price
$550,000
Premium/Discount to List
$21,000
3.97%
Current Estimated Value
$717,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,859
Avg. Annual Appreciation
3.93%
Original Mortgage
$370,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 24, 2018
Sold by
Ayvazian Haig and Haig Ayvazian Revocable Trust
Bought by
Arbani Parvaneh
Seller's Agent
Ash Hammad
COMPASS
Buyer's Agent
Kathy Seuylemezian
Coldwell Banker Residential Brokerage
List Price
$529,000
Sold Price
$550,000
Premium/Discount to List
$21,000
3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2017
Sold by
Ayvazian Haig
Bought by
Ayvazian Haig and The Haig Ayvazian Revocable Trust

Purchase Details

Closed on
Mar 31, 2017
Sold by
Ayvazian David H
Bought by
Ayvazian Haig

Purchase Details

Closed on
Jul 8, 2011
Sold by
Ayvazian Haig and Yerzinkian Susanna M
Bought by
Ayvazian David H
Source: Public Records

Range of Values:

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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
Ayvazian David H -- Chicago Title Company
Arbani Parvaneh $550,000 Chicago Title Company
Ayvazian Haig -- None Available
Ayvazian Haig -- Accommodation
Ayvazian David H -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbani Parvaneh $373,000
Closed Arbani Parvaneh $370,000
Previous Owner Ayvazian Haig $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $550,000 +4.0% $478 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $529,000 -- $460 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,587 $613,531 $438,397 $175,134
2024 $6,587 $601,501 $429,801 $171,700
2023 $6,435 $589,708 $421,374 $168,334
2022 $6,319 $578,146 $413,112 $165,034
2021 $6,209 $566,811 $405,012 $161,799
2019 $5,967 $550,000 $393,000 $157,000
2018 $5,123 $462,060 $276,420 $185,640
2016 $3,353 $302,392 $181,436 $120,956
2015 $3,285 $297,851 $178,711 $119,140
2014 $3,261 $292,018 $175,211 $116,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818004399

Pasadena-Foothills Association of REALTORS®

APN: 5643-015-191