NOT LISTED FOR SALE

Estimated Value: $1,435,000 - $2,395,000

8 Beds
8 Baths
5,220 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $1,700,000 $326 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,457/month

20 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Horace Mann Elementary School Rated A-
  • No HOA
  • 2-minute walk to Maple Park

About This Home

As of August 2019

This 4-plex was built in 1931 in an established area of Glendale and has strong income potential. Units A and B are on the ground floor and units C and D are on the second floor. Each unit is a 2 bed, 1 bath and measure approximately 1,266 sq. ft. Property is being sold with Units A and D vacant and units B and C with the current tenants. Each unit features a spacious floor plan, open kitchen with dining area, pantry, laundry room, coved ceilings and ample closet and cupboard space. Unit D has been recently refreshed with new paint, carpet and vinyl flooring in the kitchen, laundry room and bathroom. The lath and plaster walls help with energy efficiency and to the overall solid feel of the home. The property has been well maintained including a recently painted exterior, entry foyer and hall; new main electrical panel, sub panels and meters and new front sprinklers. The roof was installed in 2006.

Last Agent to Sell the Property

Sylvia Becdach

New Beginnings Real Estate Group License #01383677 Listed on: 07/09/2019

Last Buyer's Agent

Sokrat Arzumanyan

Coldwell Banker Hallmark License #01901158

Coldwell Banker Hallmark

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 6,781 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Composition Roof
  • Plaster

Interior Spaces

  • 8 Bedrooms
  • 5,220 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entryway
  • Living Room
  • Carpet
  • Mountain Views
  • Laundry Room

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 5675017015

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

6,781 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: GLR4YY
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5675017015
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 325.67
  • Room Type: Entry, Living Room

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition, Other
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6781.00
  • Lot Size Acres: 0.1557

Multi Family

  • Lot Size Area: 6781.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Jul 25, 2019
Sold by
Nusser Kevin and Fox Dana L
Bought by
Muradyan Aram and Changlyan Arpine
Seller's Agent
Sylvia Becdach
New Beginnings Real Estate Group
Buyer's Agent
Sokrat Arzumanyan
Coldwell Banker Hallmark
List Price
$1,590,000
Sold Price
$1,700,000
Premium/Discount to List
$110,000
6.92%
Current Estimated Value
$2,009,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,421
Avg. Annual Appreciation
2.54%
Original Mortgage
$400,000
Outstanding Balance
$349,537
Interest Rate
3.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$1,659,884

Purchase Details

Closed on
Jan 28, 2019
Sold by
Fox Dana and Nusser Kevin
Bought by
Fox Dana L and Nusser Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2018
Sold by
Gomez Tracy L
Bought by
Nusser Kevin

Purchase Details

Closed on
Mar 28, 2013
Sold by
White Barbara J and Barbara J White Living Trust
Bought by
White Barbara J and Barbara J White Trust Of 2012

Purchase Details

Closed on
Aug 19, 2005
Sold by
White Barbara J
Bought by
White Barbara J and Barbara J White Living Trust
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
Muradyan Aram $1,700,000 Western Resources Title
Fox Dana L -- Western Resources Title Comp
Fox Dana L -- Western Resources Title Comp
Nusser Kevin -- None Available
White Barbara J -- None Available
White Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muradyan Aram $400,000
Previous Owner Fox Dana L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $1,700,000 +6.9% $326 / Sq Ft
07/09/2019 07/09/19 For Sale $1,590,000 -- $305 / Sq Ft
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 $20,634 $1,885,004 $984,280 $900,724
2024 $20,634 $1,848,044 $964,981 $883,063
2023 $20,166 $1,811,809 $946,060 $865,749
2022 $19,818 $1,776,283 $927,510 $848,773
2021 $19,208 $1,717,612 $909,324 $808,288
2019 $11,200 $991,747 $778,940 $212,807
2018 $4,431 $377,988 $291,958 $86,030
2016 $4,173 $363,313 $280,622 $82,691
2015 $4,091 $357,856 $276,407 $81,449
2014 $4,081 $350,847 $270,993 $79,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 319002717

California Regional Multiple Listing Service (CRMLS)

APN: 5675-017-015

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