NOT LISTED FOR SALE

6944 Bellaire Ave North Hollywood, CA 91605

Valley Glen Neighborhood

Estimated Value: $988,881 - $1,350,000

5 Beds
4 Baths
2,984 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $487,000 $163 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $7,048/month

Highlights

  • In Ground Pool
  • 0.42 Acre Lot
  • Central Heating and Cooling System
  • Ulysses S. Grant Senior High School Rated A-

About This Home

As of October 2013

This is a short sale transaction and sale is contingent upon lender's short sale approval. Great duplex in the heart of North Hollywood. 2 separate units in one lot. Do not go direct, do not disturb occupants. 48 hours notice prior showing. Please see remarks

Last Agent to Sell the Property

Naira Terounian

Star Estates License #01835879 Listed on: 09/12/2013

Last Buyer's Agent

Khoren Barutyan

KB Estates, Inc. License #01899044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,586

Year Built

  • Built in 1948

Lot Details

  • 0.42 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,984 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1081
  • Assessor Parcel Number 2324024018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $1,800
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Maintenance Expense $1,200
  • Pool Expense $1,200
  • Trash Expense $720
  • Water Sewer Expense $1,440
  • New Taxes Expense $8,000
  • Gross Income $2,500
  • Net Operating Income $11,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,586

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2324024018
  • Year Built: 1948
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 163.20

Exterior Features

  • Pool Expense: 1200.00
  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18085.00
  • Lot Size Acres: 0.4150

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 18085.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 11220.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 18780.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 25.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 4
  • Tax Tract Number: 1081
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Oct 22, 2013
Sold by
Yeremyan Artur
Bought by
Bazinyan Anoush
Seller's Agent
Naira Terounian
Star Estates
Buyer's Agent
Khoren Barutyan
KB Estates, Inc.
List Price
$350,000
Sold Price
$487,000
Premium/Discount to List
$137,000
39.14%
Current Estimated Value
$1,131,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,720
Avg. Annual Appreciation
7.40%
Original Mortgage
$389,600
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2011
Sold by
Yengibaryan Manushak A
Bought by
Yeremyan Artur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,522
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2011
Sold by
Tchokoian Achot
Bought by
Yeremyan Artur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,522
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2002
Sold by
Karsyan Kalipse
Bought by
Tchokoian Achot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
The Bellaire Trust
Bought by
Tchokoian Achot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2002
Sold by
Grandison Alfred
Bought by
The Bellaire Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000
Sold by
D H P Investments
Bought by
Grandison Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
10.99%

Purchase Details

Closed on
Sep 25, 1998
Sold by
Webb Barbara R
Bought by
Dhp Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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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
Bazinyan Anoush $487,000 None Available
Yeremyan Artur -- Calcounties Title Nation Co
Yeremyan Artur $650,000 Calcounties Title Nation Co
Tchokoian Achot -- Orange Coast Title
Tchokoian Achot -- Orange Coast Title
The Bellaire Trust $230,500 --
Grandison Alfred $243,000 Stewart Title
Dhp Investments $130,000 Stewart Title
Webb Barbara R -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bazinyan Anoush $406,000
Closed Bazinyan Anoush $389,600
Previous Owner Yeremyan Artur $633,522
Previous Owner Tchokoian Achot $250,000
Previous Owner Tchokoian Achot $235,000
Previous Owner Tchokoian Achot $232,000
Previous Owner Tchokoian Achot $232,000
Previous Owner Grandison Alfred $230,850
Previous Owner Dhp Investments $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2013 10/29/13 Sold $487,000 +39.1% $163 / Sq Ft
09/12/2013 09/12/13 For Sale $350,000 -- $117 / Sq Ft
08/28/2013 08/28/13 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 $10,586 $848,288 $549,183 $299,105
2024 $10,586 $831,656 $538,415 $293,241
2023 $10,388 $815,350 $527,858 $287,492
2022 $9,921 $799,363 $517,508 $281,855
2021 $9,798 $783,690 $507,361 $276,329
2019 $9,515 $760,447 $492,313 $268,134
2018 $9,109 $745,537 $482,660 $262,877
2016 $8,729 $716,589 $463,919 $252,670
2015 $8,601 $705,826 $456,951 $248,875
2014 $8,742 $770,000 $539,000 $231,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Naira Terounian

    Star Estates

  • K

    Buyer's Agent in 2013

    Khoren Barutyan

    KB Estates, Inc.

    (818) 574-7427

    2 in this area

    27 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13058223

California Regional Multiple Listing Service (CRMLS)

APN: 2324-024-018

California Los Angeles County North Hollywood 91605 Valley Glen

6944 Bellaire Ave, North Hollywood, CA

This home is located at 6944 Bellaire Ave, North Hollywood, CA 91605 since 12 September 2013 and is currently estimated at $1,131,720, approximately $379 per square foot. This property was built in 1948. 6944 Bellaire Ave is a home located in Los Angeles County with nearby schools including Coldwater Canyon Elementary, James Madison Middle, and Ulysses S. Grant Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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