$440,000
SOLD AUG 3, 2016

538 Glenwood Rd Unit 5 Glendale, CA 91202

Glenwood Neighborhood
2 Beds
2 Baths
1,031 Sq Ft
$220/mo HOA Fee

Recently Sold

$427 Per Sq Ft

4% Below List Price

48 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Subterranean Parking
  • Herbert Hoover High School Rated A-
  • Living Room Balcony
  • Intercom

About This Home

As of August 2016

Turn key 2 Bedroom, 2 Bath Condominium in the most sought after pocket of Glendale. Located in a quiet attractive complex of only 9 units with an Elevator, this condo features a very low HOA of $220 and is walking distance to Schools, Starbucks, Restaurants, Transportation, Super Markets and more. Additional features include an Open Floor Plan, a Private Laundry inside the Unit, Private Balcony, Fireplace, Walk-in-Closet, 2 Parking Spaces, and a Large External Storage. The interior has been remodeled to include Crown Molding, Recess Lighting, Quartz Kitchen Counter-tops, Quality Laminate and Tile Flooring, Stainless Steel Appliances, Upgraded Bathrooms, and more.

Last Agent to Sell the Property

David Nalbandyan

LA Premier Realty License #01869296 Listed on: 05/10/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • Two or More Common Walls
  • Landscaped
  • Wooded Lot

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,031 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laminate Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Additional Features

  • Accessible Elevator Installed
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5634014064

Community Details

Overview

  • 9 Units

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,569

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Tigran
  • Other Phone Number: 818-469-4382
  • Property Attached: Yes
  • Security: Resident Manager, Smoke Detector(s), Security System
  • View: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5634014064
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1031.00
  • Interior Amenities: Balcony, Crown Molding, Elevator, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 426.77
  • Room Type: Master Bedroom, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Glendale Unified

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Treed Lot

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 9
  • Number Of Units Total: 9

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 26, 2016
Sold by
Nalbandyan David
Bought by
Haftvani Aris Derkeverkian and Keshesh Ninella
Seller's Agent
David Nalbandyan
LA Premier Realty
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%
Current Estimated Value
$727,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,062
Avg. Annual Appreciation
5.75%
Original Mortgage
$352,000
Outstanding Balance
$282,154
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$447,356

Purchase Details

Listed on
Feb 16, 2012
Closed on
Mar 22, 2012
Sold by
Erestingcol Benjamin and Erestingcol Lisa
Bought by
Nalbandyan David
Seller's Agent
Margaret Blanchard - Bennett
RE/MAX One
Sold Price
$201,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.30%
Original Mortgage
$150,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2006
Sold by
Vu Christine
Bought by
Erestingcol Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2006
Sold by
Vu Peter Khac
Bought by
Vu Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
Vu Christine
Bought by
Vu Peter Khac

Purchase Details

Closed on
Oct 24, 2001
Sold by
Vu Joseph
Bought by
Vu Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
7.5%

Purchase Details

Closed on
Sep 13, 2001
Sold by
Eyramian Franco V and Gray Michele R
Bought by
Vu Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
7.5%

Purchase Details

Closed on
Feb 9, 1994
Sold by
Habbak Ashraf A and Habbak Sherine M
Bought by
Gray Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4.5%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $440,000 Stewart Title
Grant Deed $201,000 North American Title Company
Grant Deed $430,000 Landsafe Title
Grant Deed -- Accommodation
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Gateway Title Company
Grant Deed $205,000 Gateway Title Company
Grant Deed $135,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $150,750 New Conventional
Previous Owner $344,000 Purchase Money Mortgage
Previous Owner $123,000 No Value Available
Previous Owner $121,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2016 08/03/16 Sold $440,000 -4.1% $427 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $458,950 0.0% $445 / Sq Ft
05/10/2016 05/10/16 For Sale $459,000 +128.4% $445 / Sq Ft
05/07/2012 05/07/12 Sold $201,000 -- $195 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
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 $5,569 $510,652 $346,664 $163,988
2024 $5,569 $500,640 $339,867 $160,773
2023 $5,442 $490,824 $333,203 $157,621
2022 $5,345 $481,201 $326,670 $154,531
2021 $5,253 $471,766 $320,265 $151,501
2019 $5,051 $457,775 $310,767 $147,008
2018 $4,979 $448,800 $304,674 $144,126
2016 $2,390 $213,266 $79,152 $134,114
2015 $2,342 $210,064 $77,964 $132,100
2014 $2,328 $205,950 $76,437 $129,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16098621

California Regional Multiple Listing Service (CRMLS)

APN: 5634-014-064