'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
114 Total Sales
4 in Adams Hill
$685K - $1.4M Price Range
501 E Palmer Ave Unit A1 Glendale, CA 91205
Adams Hill NeighborhoodEstimated Value: $801,000 - $892,000
3
Beds
3
Baths
1,500
Sq Ft
10,724
Sq Ft Lot
Highlights
- No Units Above
- Neighborhood Views
- Bar
- Horace Mann Elementary School Rated A-
- Eat-In Kitchen
- 3-minute walk to Palmer Park
About This Home
As of May 2025Welcome to this stunningly renovated 3-bedroom, 3-bath townhouse in the heart of Glendale. Every detail of this 1,500 sq. ft. home has been thoughtfully updated to offer modern comfort and style. The inviting living space is filled with natural light, highlighting the open floor plan that seamlessly connects the living, dining, and kitchen areas. A cozy fireplace adds warmth and charm, making this space ideal for both relaxation and entertaining. The beautifully remodeled kitchen features sleek countertops, stylish cabinetry, and high-end finishes, creating a perfect blend of functionality and elegance. The spacious bedrooms offer a serene retreat, each designed with ample closet space and contemporary finishes. The primary suite includes an en-suite bath with designer fixtures, adding a touch of luxury. A private balcony provides an ideal spot for morning coffee or evening unwinding. Additional conveniences include in-unit laundry, generous storage, and assigned parking. Located in a sought-after Glendale neighborhood, this home is close to shopping, dining, and entertainment, with easy access to major freeways.
Last Agent to Sell the Property
Equity Union Brokerage Phone: 818-419-3095 License #01866954 Listed on: 03/19/2025
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Property Details
Home Type
- Condominium
Year Built
- Built in 1991
Lot Details
- No Units Above
- No Units Located Below
- Two or More Common Walls
HOA Fees
- $360 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Bar
- Recessed Lighting
- Living Room with Fireplace
- Storage
- Laundry in unit
- Neighborhood Views
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Pots and Pans Drawers
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub with Shower
Additional Features
- Exterior Lighting
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 50228
- Assessor Parcel Number 5676010028
Community Details
Overview
- 8 Units
- Palmer Townhomes Association
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
May 2, 2025
Sold by
Garegin Mkhitaryan Trust and Mkhitaryan Garegin
Bought by
Seller's Agent
Nick Khachian
Equity Union
Buyer's Agent
Silvia Harapetian
JohnHart Real Estate
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,915
Avg. Annual Appreciation
1.98%
Original Mortgage
$548,000
Outstanding Balance
$540,976
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$309,939
Purchase Details
Closed on
Jun 15, 2017
Sold by
Mkhitaryan Garegin
Bought by
Mkhitaryan Garegin and Garegin Mkhitaryan Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,500
Interest Rate
4.02%
Purchase Details
Closed on
Oct 10, 2016
Sold by
Mkhitaryan Garegin
Bought by
Mkhitaryan Garegin
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
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2016
Sold by
Bella Four Llc
Bought by
Mkhitarian Garegin
Purchase Details
Closed on
Dec 2, 2015
Sold by
Mkhitarian Garegin
Bought by
Bella Four Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.92%
Mortgage Type
Balloon
Purchase Details
Closed on
Dec 15, 2010
Sold by
Shyshla Georgiy
Bought by
Mkhitaryan Garegin
Purchase Details
Closed on
Sep 1, 2010
Sold by
Professional Business Bank
Bought by
Shyshla Georgiy
Purchase Details
Closed on
Dec 29, 2009
Sold by
Mereshian Isaac
Bought by
Professional Business Bank
Purchase Details
Closed on
Apr 27, 2004
Sold by
Mereshian Janna
Bought by
Mereshian Isaac
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.35%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Apr 22, 2004
Sold by
Progress Properties Inc
Bought by
Mereshian Isaac
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.35%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Oct 29, 2001
Sold by
Abeshyam Mariam
Bought by
Progress Properties Inc
Purchase Details
Closed on
Feb 22, 1994
Sold by
Mcdaniel Marshall L
Bought by
Abeshyan Mariam
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Adams Hill, CA
-
'Vic' Vartan Markarian
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
81 Total Sales
1 in Adams Hill
$1,075,000 Price
-
Brian J. Stace
Brian J. Stace
HORIZON REALTY INTERNATIONAL
(855) 575-1639
17 Total Sales
1 in Adams Hill
$1,500,000 Price
-
Gina Isaac
Gina Isaac
Nourmand & Associates-HW
(424) 288-7115
55 Total Sales
1 in Adams Hill
$1,100,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
164 Total Sales
1 in Adams Hill
$960,000 Price
-
Peggy Lim
Peggy Lim
Real Brokerage Technologies
(626) 889-5586
86 Total Sales
2 in Adams Hill
$1,360,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $830,000 | Monarch Title | ||
| Mkhitaryan Garegin | -- | None Available | |
| Mkhitaryan Garegin | -- | Orange Coast Title Company | |
| Mkhitarian Garegin | $425,000 | Title 365 | |
| Bella Four Llc | $425,000 | Title 365 | |
| Mkhitaryan Garegin | -- | None Available | |
| Shyshla Georgiy | $289,000 | Lawyers Title Co | |
| Professional Business Bank | $201,301 | Accommodation | |
| Mereshian Isaac | -- | Chicago Title | |
| Mereshian Isaac | $238,000 | Chicago Title | |
| Progress Properties Inc | $1,000 | Chicago Title Co | |
| Abeshyan Mariam | $180,000 | Provident Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $548,000 | ||
| Previous Owner | Mkhitaryan Garegin | $234,000 | |
| Previous Owner | Mkhitaryan Garegin | $236,500 | |
| Previous Owner | Mkhitaryan Garegin | $350,000 | |
| Previous Owner | Bella Four Llc | $140,000 | |
| Previous Owner | Mkhitaryan Garegin | $129,500 | |
| Previous Owner | Mereshian Isaac | $188,000 | |
| Previous Owner | Mereshian Isaac | $200,000 | |
| Previous Owner | Mereshian Isaac | $178,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $830,000 | -5.1% | $553 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $875,000 | -- | $583 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,682 | $846,600 | $592,620 | $253,980 |
| 2025 | $6,682 | $597,697 | $416,647 | $181,050 |
| 2024 | $6,535 | $585,978 | $408,478 | $177,500 |
| 2023 | $6,387 | $574,489 | $400,469 | $174,020 |
| 2022 | $6,273 | $563,225 | $392,617 | $170,608 |
| 2021 | $6,163 | $552,182 | $384,919 | $167,263 |
| 2019 | $5,926 | $535,805 | $373,503 | $162,302 |
| 2018 | $5,835 | $525,300 | $366,180 | $159,120 |
| 2016 | $3,357 | $307,900 | $108,225 | $199,675 |
| 2015 | $3,288 | $303,276 | $106,600 | $196,676 |
| 2014 | $3,262 | $297,336 | $104,512 | $192,824 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Khachian
Seller's Agent in 2025
Nick Khachian
Equity Union
(888) 550-4440
1 in this area
61 Total Sales
-
Silvia Harapetian
Buyer's Agent in 2025
Silvia Harapetian
JohnHart Real Estate
(818) 246-1099
1 in this area
86 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25059482
APN: 5676-010-028
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.
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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