NOT LISTED FOR SALE

Estimated Value: $901,000 - $1,437,000

4 Beds
3 Baths
1,612 Sq Ft
$732/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $701,000 $435 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,973/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • Private Yard
  • Horace Mann Elementary School Rated A-
  • Wood Flooring
  • Two Homes on a Lot

About This Home

As of June 2015

AMAZING DUPLEX! R4 ZONING... FRONT HOUSE 3+2 -- BACK UNIT LARGE DETACHED 1+1 THAT HAS ATTACHED 2 CAR GARAGE. CENTRAL AIR AND HEAT IN BOTH UNITS, COPPER PLUMBING AND MORE.. BOTH UNITS HAVE AMAZING CHARM AND ARE PERFECT FOR INVESTOR OR OWNER OCCUPIED BUYERS. CENTRALLY LOCATED TO EVERYTHING GLENDALE HAS TO OFFER. THIS PROPERTY WILL NOT LAST...

Last Agent to Sell the Property

John Seward

Seward Real Estate & Financial, Inc. License #01851873 Listed on: 04/10/2015

Last Buyer's Agent

Shake Tokatlian

Beverly and Company License #00696767

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 7,008 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,612 Sq Ft Home
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Source of electricity is unknown

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, repairs, trash collection, water
  • Tax Lot 43
  • Tax Tract Number 43
  • Assessor Parcel Number 5675007020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $8,750
  • Gross Income $2,800
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5675007020
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Price Per Square Foot: 434.86
  • Room Type: All Bedrooms Down, Family Room, Formal Entry

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - Unknown
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 2-5 Units/Acre, Lawn, Landscaped, Lot 6500-9999, Level with Street, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 7008.00
  • Price Per Lot Square Foot: 100.03
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Repairs, Trash Collection, Water

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 40000.00
  • Lot Size Area: 7008.0000 Square Feet
  • Net Operating Income: 38000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Operating Expense: 2000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Lot: 43
  • Tax Tract Number: 43
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2015
Sold by
Yalenian Varoujan and Yalenian Hasmik
Bought by
The Varoujan Yalenian & Hasmik Yalenian
Current Estimated Value
$1,180,458

Purchase Details

Listed on
Apr 10, 2015
Closed on
Jun 23, 2015
Sold by
Koshkerian Wahan H and Koshkerian Iklantine A
Bought by
Yalenian Varoujan and Yalenian Hasmik
Seller's Agent
John Seward
Seward Real Estate & Financial, Inc.
Buyer's Agent
Shake Tokatlian
Beverly and Company
List Price
$699,000
Sold Price
$701,000
Premium/Discount to List
$2,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$200,000
Outstanding Balance
$155,236
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$1,025,222

Purchase Details

Closed on
Aug 25, 2004
Sold by
Koshkerian Wahan and Koshkerian Iklantine
Bought by
Koshkerian Wahan H and Koshkerian Iklantine A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
The Varoujan Yalenian & Hasmik Yalenian -- None Available
Yalenian Varoujan $701,000 Lawyers Title
Koshkerian Wahan H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yalenian Varoujan $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $701,000 +0.3% $435 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $699,000 -- $434 / 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 $9,240 $842,488 $505,974 $336,514
2024 $9,240 $825,969 $496,053 $329,916
2023 $9,031 $809,775 $486,327 $323,448
2022 $8,874 $793,898 $476,792 $317,106
2021 $8,723 $778,333 $467,444 $310,889
2020 $8,598 $770,353 $462,651 $307,702
2019 $8,390 $755,249 $453,580 $301,669
2018 $8,203 $740,441 $444,687 $295,754
2016 $7,829 $711,690 $427,420 $284,270
2015 $1,670 $143,172 $104,527 $38,645
2014 $1,671 $140,368 $102,480 $37,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15075826

California Regional Multiple Listing Service (CRMLS)

APN: 5675-007-020