NOT LISTED FOR SALE

503 Lincoln Ave Unit 1 Glendale, CA 91205

Somerset Neighborhood

Estimated Value: $685,000 - $732,340

3 Beds
2.5 Baths
1,299 Sq Ft
6,591 Sq Ft

Highlights

  • Automatic Gate
  • Balcony
  • Laundry Room
  • Neighborhood Views
  • Recessed Lighting
  • Central Heating and Cooling System

About This Home

As of November 2018

This tastefully remodeled corner unit condominium is located in a prime Glendale location, adjacent to trendy Eagle Rock and just minutes from Glendale's city center. Enter this light and bright home into a spacious living and dining room with pristine hardwood floors, recessed lighting, and a balcony with a wonderful view of the street below. Right off the foyer to the left is a beautifully remodeled kitchen with lots of cabinets, and to the right is a half bath. Upstairs you'll find three bedrooms and two full baths; which includes the master and an en suite bath. This condo unit offers plenty of closet space, a washer/dryer, central air/heat, and 2-car gated parking. The home is walking distance to schools, coffee shops, restaurants, and shopping.

Last Agent to Rent the Property

Nora Hosepian

Beverly and Company, Inc. License #01925885 Listed on: 08/24/2018

Beverly and Company, Inc.

Last Renter's Agent

Nora Hosepian

Beverly and Company, Inc. License #01925885 Listed on: 08/24/2018

Beverly and Company, Inc.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Interior Spaces

  • 1,299 Sq Ft Home
  • Recessed Lighting
  • Dining Room
  • Neighborhood Views
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,700
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 9/10/18
  • Tax Lot 1
  • Tax Tract Number 48569
  • Assessor Parcel Number 5680020083

Community Details

Overview

  • Property has a Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 1988 | Remodeled

Lot Details

6,591 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-09-10
  • Credit Check Paid By: Tenant
  • Deposit Security: 2700
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit, Size Limit
  • Total Move In Costs: 5400.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Ad Number: 818-919-5904
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Zoning: GLR4YY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5680020083
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1299.00 Square Feet
  • Interior Amenities: Balcony, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.08
  • Room Type: All Bedrooms Up
  • Bathroom Features: Remodeled, Walk-In Shower

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Covered, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6592.00
  • Lot Size Acres: 0.1513

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6592.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

  • Tax Census Tract: 3021.04
  • Tax Lot: 1
  • Tax Tract Number: 48569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2016
Sold by
Alebian Gevork
Bought by
Alebian Arousiak
Current Estimated Value
$702,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Outstanding Balance
$221,627
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$480,708

Purchase Details

Closed on
Dec 21, 1999
Sold by
Western Financial Bank Fsb
Bought by
Alebian Gevork and Alebian Arousiak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.68%

Purchase Details

Closed on
Nov 2, 1999
Sold by
Fogg John W and Fogg Marla D
Bought by
Western Financial Bank Fsb and Western Financial Svgs Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alebian Arousiak -- Wfg Title Company
Alebian Gevork $130,000 Fidelity National Title Co
Western Financial Bank Fsb $139,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alebian Arousiak $278,400
Closed Alebian Gevork $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Rented $2,700 -3.6% --
11/13/2018 11/13/18 Under Contract -- -- --
08/24/2018 08/24/18 For Rent $2,800 +3.7% --
08/30/2017 08/30/17 Rented $2,700 -6.9% --
08/24/2017 08/24/17 Under Contract -- -- --
07/07/2017 07/07/17 For Rent $2,900 -- --
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 $2,276 $199,787 $39,951 $159,836
2024 $2,276 $195,870 $39,168 $156,702
2023 $2,227 $192,030 $38,400 $153,630
2022 $2,185 $188,266 $37,648 $150,618
2021 $2,142 $184,575 $36,910 $147,665
2019 $2,061 $179,102 $35,816 $143,286
2018 $2,024 $175,591 $35,114 $140,477
2016 $1,843 $168,774 $33,751 $135,023
2015 $1,806 $166,240 $33,245 $132,995
2014 $1,795 $162,984 $32,594 $130,390
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18207022

California Regional Multiple Listing Service (CRMLS)

APN: 5680-020-083

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