NOT LISTED FOR SALE

501 E Palmer Ave Unit A4 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $630,000 - $705,000

3 Beds
2.5 Baths
1,199 Sq Ft
$225/mo HOA Fee

Last Sold July 06, 2012

Last sale price $240,000 $200 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $4,233/month

36 Days on Market

Highlights

  • Gated Parking
  • Subterranean Parking
  • Eat-In Kitchen
  • Horace Mann Elementary School Rated A-
  • Fireplace
  • 3-minute walk to Palmer Park

About This Home

As of July 2012

LOCATION LOCATION LOCATION. Recently Remodeled, Large, and Beautiful 3 bedroom and 3 bathroom condo in Glendale. Fireplace in Living Room. Open Floor Plan. Spacious kitchen with bar area. Big windows with great natural light. Close to everything: Food, shopping, restaurants, Galleria, Downtown. Will not last!

Last Agent to Sell the Property

Sebastian Stofenmacher

Edgestone Real Estate, Inc. License #01328684 Listed on: 04/04/2012

Last Buyer's Agent

Edward Kim

Edward Kim License #01245924

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,298

Year Built

  • Built in 1991

Lot Details

  • 10,716

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Gated Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,199 Sq Ft Home
  • Fireplace
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • 50 Units
  • Association Phone (818) 981-1802

Listing and Financial Details

  • Tax Lot 0.25
  • Tax Tract Number 50228
  • Assessor Parcel Number 5676010031

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,298

Year Built

Built in 1991

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 818-464-5113
  • Property Attached: Yes
  • Subdivision Name Other: Custom
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5676010031
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1199.00
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Two
  • Price Per Square Foot: 200.17

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Gated, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Phone: 8189811802
  • Senior Community: No

Schools

  • School District: Glendale Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 10720.00
  • Lot Size Acres: 0.2460

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10720.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Tax Info

  • Tax Lot: 0.25
  • Tax Tract Number: 50228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 29, 2012
Sold by
The Bank Of New York Mellon
Bought by
Park Seung Joon and Park Hyun Ok
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Edward Kim
Edward Kim
List Price
$285,000
Sold Price
$240,000
Premium/Discount to List
-$45,000
-15.79%
Current Estimated Value
$681,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,732
Avg. Annual Appreciation
8.30%
Original Mortgage
$215,900
Outstanding Balance
$149,526
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$532,206

Purchase Details

Closed on
Jan 27, 2011
Sold by
Karapetian Marine
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 12, 2003
Sold by
Mcdaniel Marshall L
Bought by
Karapetian Marine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Mankerian Viken
Bought by
Mcdaniel Marshall L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2002
Sold by
Mankerian Salpi
Bought by
Mankerian Viken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2001
Sold by
Tekeian Grigor
Bought by
Mankerian Viken

Purchase Details

Closed on
Mar 27, 1996
Sold by
Mcdaniel Marshall L
Bought by
Tekeian Grigor and Tekeian Ovsanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
8%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Park Seung Joon $240,000 Landsafe Title
The Bank Of New York Mellon $346,105 None Available
Karapetian Marine $225,000 Chicago Title
Mcdaniel Marshall L -- Chicago Title
Mankerian Viken -- --
Mankerian Viken -- --
Tekeian Grigor $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Seung Joon $215,900
Previous Owner Karapetian Marine $310,000
Previous Owner Karapetian Marina $20,000
Previous Owner Karapetian Marine $213,750
Previous Owner Mankerian Viken $98,000
Previous Owner Tekeian Grigor $94,500
Closed Tekeian Grigor $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2012 07/06/12 Sold $240,000 +11.1% $200 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
04/27/2012 04/27/12 Price Changed $216,000 -24.2% $180 / Sq Ft
04/04/2012 04/04/12 For Sale $285,000 -- $238 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,298 $295,530 $133,359 $162,171
2024 $3,298 $289,737 $130,745 $158,992
2023 $3,225 $284,057 $128,182 $155,875
2022 $3,166 $278,488 $125,669 $152,819
2021 $3,108 $273,028 $123,205 $149,823
2019 $2,989 $264,931 $119,551 $145,380
2018 $2,933 $259,737 $117,207 $142,530
2016 $2,790 $249,653 $112,656 $136,997
2015 $2,734 $245,904 $110,964 $134,940
2014 $2,715 $241,088 $108,791 $132,297
Source: Public Records

Agents Affiliated with this Home

  • Sebastian Stofenmacher

    Seller's Agent in 2012

    Sebastian Stofenmacher

    Edgestone Real Estate, Inc.

    (818) 464-5113

    97 Total Sales

    Section Image

  • E

    Buyer's Agent in 2012

    Edward Kim

    Edward Kim

    (818) 915-4777

    5 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P817660

California Regional Multiple Listing Service (CRMLS)

APN: 5676-010-031

California Los Angeles County Glendale 91205 Adams Hill

501 E Palmer Ave Unit A4, Glendale, CA

This home is located at 501 E Palmer Ave Unit A4, Glendale, CA 91205 since 04 April 2012 and is currently estimated at $681,732, approximately $568 per square foot. This property was built in 1991. 501 E Palmer Ave Unit A4 is a home located in Los Angeles County with nearby schools including Horace Mann Elementary School, Theodore Roosevelt Middle School, and Glendale High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes