NOT LISTED FOR SALE

Estimated Value: $932,000 - $1,172,265

3 Beds
2 Baths
1,437 Sq Ft
$745/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $360,000 $251 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $6,325/month

21 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • 4-minute walk to Milford Mini Park
  • Herbert Hoover High School Rated A-

About This Home

As of January 2012

Wow! Two unit gem in Glendale, among the lowest priced income properties in the entire city!! Fantastic location near the Americana, Glendale Galleria and all major freeways. Front unit is a 2 + 1 and the rear a 1 + 1. There is a single car detached garage. Both units are vacant and ready to be inspected. The property needs significant cosmetic updates and repairs.

Last Agent to Sell the Property

Cesar Reinoso

Reinoso Properties License #01117316 Listed on: 11/30/2011

Last Buyer's Agent

Michael Toal

License #01014137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,021

Year Built

  • Built in 1921

Lot Details

  • 5,859

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,437 Sq Ft Home
  • 1-Story Property

Additional Features

  • 5,859 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5638-016-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,021

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1437
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 250.45

Exterior Features

  • Pool: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Detached, Garage
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 30600
  • Assessed Land Value: 530400
  • Assessor Parcel Number: 5638-016-031
  • Lot Size Area: 5859

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Two
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2013
Sold by
Tsarukyan Tanya
Bought by
Abrahamian Gerald
Current Estimated Value
$1,039,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2013
Sold by
Dattagg Llc
Bought by
Abrahamian Gerald

Purchase Details

Listed on
Nov 30, 2011
Closed on
Jan 18, 2012
Sold by
Jp Morgan Chase Bank
Bought by
Dattag Llc
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Michael Toal
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Jan 22, 2009
Sold by
Ahmed Khaleda
Bought by
Emc Mortgage Corporation

Purchase Details

Closed on
Aug 7, 2007
Sold by
Theos German
Bought by
Ahmed Khaleda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1996
Sold by
Stromberg Trust Stromberg Frank A Co Tr F A A and Stromberg Dorothy E
Bought by
Theos German

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.1%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Abrahamian Gerald -- Equity Title
Abrahamian Gerald -- None Available
Dattag Llc $360,000 Ticor Title
Jp Morgan Chase Bank -- Ticor Title
Emc Mortgage Corporation $345,988 Accommodation
Ahmed Khaleda $550,000 Financial Title Company
Theos German $195,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abrahamian Gerald $331,000
Closed Abrahamian Gerald $332,000
Previous Owner Ahmed Khaleda $440,000
Previous Owner Theos German $253,845
Previous Owner Theos German $250,000
Previous Owner Theos German $195,000
Previous Owner Theos German $35,000
Previous Owner Theos German C $52,000
Previous Owner Theos German $42,000
Previous Owner Theos German $175,500
Previous Owner Theos German $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2012 01/31/12 Sold $360,000 0.0% $251 / Sq Ft
12/21/2011 12/21/11 Pending -- -- --
11/30/2011 11/30/11 For Sale $359,900 -- $250 / Sq Ft
Source: The MLS

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 $7,021 $634,173 $381,737 $252,436
2024 $7,021 $621,739 $374,252 $247,487
2023 $6,864 $609,549 $366,914 $242,635
2022 $6,744 $597,598 $359,720 $237,878
2021 $6,628 $585,881 $352,667 $233,214
2020 $6,534 $579,874 $349,051 $230,823
2019 $6,377 $568,505 $342,207 $226,298
2018 $6,198 $557,359 $335,498 $221,861
2016 $5,912 $535,718 $322,471 $213,247
2015 $5,791 $527,672 $317,628 $210,044
2014 $5,748 $517,337 $311,407 $205,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-568795

The MLS

APN: 5638-016-031