NOT LISTED FOR SALE

724 Prospect Dr Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $1,588,000 - $3,009,000

4 Beds
5 Baths
3,460 Sq Ft
$639/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $1,830,000 $529 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $13,612/month

18 Days on Market

Highlights

  • 17,934 Sq Ft lot
  • Built-In Features
  • Central Heating
  • Horace Mann Elementary School Rated A-
  • Outdoor Grill
  • 3 Car Garage

About This Home

As of April 2018

Gorgeous views from this stunning secluded triplex perched on nearly half an acre with panoramic mountain views. This is a healing home. The 1st unit is a gorgeously remodeled 3 bedroom, 3 bath with kitchen decked out with Viking appliances and more! The 2nd unit is a sweet one bedroom, one bath with an eat in kitchen. The 3rd unit is adorable with a nice tenant. The other units are delivered to you vacant. And there's no rent control. Each unit has its own decks and patio. There are 3 garages and plenty of room for multiple gardens. All located in the beautiful, historic section o f Adams Hill of Glendale. Near the Americana and many freeways. You'll fall in love with this one. Great homes, great investment!

Last Agent to Sell the Property

Gail Crosby

Sotheby's International Realty License #01377453 Listed on: 02/23/2018

Sotheby's International Realty

Last Buyer's Agent

Duke Djanbatian

INLAND CITY REALTY, INC. License #01260567

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.41

Home Design

  • Triplex

Interior Spaces

  • 3,460 Sq Ft Home
  • Built-In Features

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Additional Features

  • Outdoor Grill
  • 0.41 Acre Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5677-021-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3460
  • Probate: No
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 5.00
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 462.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 343278
  • Assessed Land Value: 844995
  • Assessor Parcel Number: 5677-021-017
  • Geocode Override: No
  • Lot Size Area: 17934

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Mar 29, 2018
Sold by
Zada Gabriel
Bought by
Jeshion Nelson Michael and Jeshion Nelson Robin
Seller's Agent
Gail Crosby
Sotheby's International Realty
Buyer's Agent
Duke Djanbatian
INLAND CITY REALTY, INC.
List Price
$1,599,000
Sold Price
$1,830,000
Premium/Discount to List
$231,000
14.45%
Current Estimated Value
$2,210,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,140
Avg. Annual Appreciation
2.44%
Original Mortgage
$1,281,000
Outstanding Balance
$1,099,011
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$1,111,129

Purchase Details

Listed on
Oct 1, 2013
Closed on
Oct 21, 2013
Sold by
Bartelt Craig C and Mercado Nicholas L
Bought by
Zada Gabriel
Seller's Agent
Nick Mercado
Sotheby's International Realty
Buyer's Agent
Nick Mercado
Sotheby's International Realty
List Price
$1,249,000
Sold Price
$1,125,000
Premium/Discount to List
-$124,000
-9.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$1,085,625
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2011
Sold by
Bartelt Craig C and Craig Bartelt Living Trust 200
Bought by
Bartelt Craig C and Mercado Nicholas L

Purchase Details

Closed on
Jan 19, 2008
Sold by
Bartelt Craig C
Bought by
Bartelt Craig C and Craig Bartelt Living Trust 200

Purchase Details

Closed on
Feb 8, 2005
Sold by
Culebro Rudy and Rudy Culebro Trust
Bought by
Bartelt Craig C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.29%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 2, 1993
Sold by
Culebro Rudy
Bought by
Culebro Rudy and Rudy Culebro Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jeshion Nelson Michael $1,830,000 Equity Title Company
Zada Gabriel $1,125,000 Lawyers Title
Bartelt Craig C -- Accommodation
Bartelt Craig C -- None Available
Bartelt Craig C $1,050,000 First American Title Co
Culebro Rudy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeshion Nelson Michael $1,281,000
Previous Owner Zada Gabriel $1,085,625
Previous Owner Bartelt Craig C $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2018 04/11/18 Sold $1,830,000 +14.4% $529 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $1,599,000 +42.1% $462 / Sq Ft
11/14/2013 11/14/13 Sold $1,125,000 -9.9% $316 / Sq Ft View Prior Sale
11/04/2013 11/04/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $1,249,000 -- $351 / Sq Ft
Source: The MLS

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 $22,578 $2,082,223 $1,706,742 $375,481
2024 $22,578 $2,041,396 $1,673,277 $368,119
2023 $22,062 $2,001,369 $1,640,468 $360,901
2022 $24,553 $2,220,000 $1,320,000 $900,000
2021 $21,386 $1,923,655 $1,576,767 $346,888
2019 $20,567 $1,867,010 $1,530,000 $337,010
2018 $13,535 $1,212,447 $861,894 $350,553
2016 $12,912 $1,164,975 $828,427 $336,548
2015 $12,651 $1,147,477 $815,984 $331,493
2014 $12,551 $1,125,000 $800,000 $325,000
Source: Public Records

Agents Affiliated with this Home

  • Gail Crosby

    Seller's Agent in 2018

    Gail Crosby

    Sotheby's International Realty

    (323) 428-2864

    9 Total Sales

    Gail Crosby
    Section Image
  • Duke Djanbatian

    Buyer's Agent in 2018

    Duke Djanbatian

    INLAND CITY REALTY, INC.

    (909) 864-4141

    17 Total Sales

    Duke Djanbatian
    Section Image

  • C

    Buyer's Agent in 2018

    Carol Majors

  • W

    Buyer Co-Listing Agent in 2018

    Winnie Chiu

  • Nick Mercado

    Seller's Agent in 2013

    Nick Mercado

    Sotheby's International Realty

    (323) 896-9955

    49 Total Sales

    Nick Mercado
    Section Image
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Map

Source: The MLS

MLS Number: 18-316728

The MLS

APN: 5677-021-017

California Los Angeles County Glendale 91205 Adams Hill

724 Prospect Dr, Glendale, CA

Not Listed for Sale

MultiFamily

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