NOT LISTED FOR SALE

726 Raleigh St Glendale, CA 91205

Mariposa Neighborhood

Estimated Value: $1,077,000 - $1,256,000

4 Beds
4 Baths
1,824 Sq Ft
$643/Sq Ft Est. Value

Last Sold August 12, 2014

Last sale price $652,000 $357 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,985/month

18 Days on Market

Highlights

  • Level Lot
  • Horace Mann Elementary School Rated A-
  • 1-minute walk to Maple Park

About This Home

As of August 2014

Here is a nice 3 unit building in Glendale. 2bed/1bath, 1bed/1bath, 1bed/1bath. The back house was updated in 2008, updated windows, bathrooms, kitchen, all units have copper plumbing and central a/c. Also private backyard, 1 car garage. Separate electric and gas meters. Must see.

Last Agent to Sell the Property

Lisa Hovsepian

Oak View Realty License #01068835 Listed on: 06/09/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,439 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • 1,824 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 3025
  • Assessor Parcel Number 5675018011

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $700
  • Trash Expense $600
  • Water Sewer Expense $900
  • New Taxes Expense $8,148
  • Gross Income $3,700
  • Net Operating Income $41,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

6,439 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5675018011
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 357.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6439.00
  • Lot Size Acres: 0.1480

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6439.0000 Square Feet
  • Net Operating Income: 41600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8148.00
  • Tax Lot: 13
  • Tax Tract Number: 3025
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 13, 2014
Sold by
Lee Mike C
Bought by
Bsi Properties Llc
Seller's Agent
Lisa Hovsepian
Oak View Realty
List Price
$679,000
Sold Price
$652,000
Premium/Discount to List
-$27,000
-3.98%
Current Estimated Value
$1,172,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,212
Avg. Annual Appreciation
5.17%
Original Mortgage
$489,000
Outstanding Balance
$373,001
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$799,211

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 6, 2014
Sold by
Benikyan Abdolan Narine and Abdolan John Shaheen
Bought by
Lee Mike C
Seller's Agent
Lisa Hovsepian
Oak View Realty
List Price
$679,000
Sold Price
$652,000
Premium/Discount to List
-$27,000
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Outstanding Balance
$373,001
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$799,211

Purchase Details

Closed on
Sep 10, 2013
Sold by
Benikyan Abdoian Narine
Bought by
Benikyan Abdoian Narine and Abdoian John Shaheen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
4.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 15, 2007
Sold by
Abdoian John
Bought by
Benikyan Abdoian Narine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2007
Sold by
Howard Nancy Lee and The Howland Family Trust
Bought by
Benikyan Abdoian Narine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bsi Properties Llc -- Accommodation
Lee Mike C $652,000 Lawyers Title
Benikyan Abdoian Narine -- Pacific Coast Ttitle Company
Benikyan Abdoian Narine -- North American Title Company
Benikyan Abdoian Narine $630,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Mike C $489,000
Previous Owner Benikyan Abdoian Narine $43,000
Previous Owner Benikyan Abdoian Narine $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2014 08/12/14 Sold $652,000 -4.0% $357 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $679,000 -- $372 / 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 $8,651 $783,594 $459,102 $324,492
2024 $8,651 $768,230 $450,100 $318,130
2023 $8,457 $753,168 $441,275 $311,893
2022 $8,310 $738,401 $432,623 $305,778
2021 $8,167 $723,924 $424,141 $299,783
2020 $8,050 $716,502 $419,792 $296,710
2019 $7,857 $702,454 $411,561 $290,893
2018 $7,669 $688,682 $403,492 $285,190
2016 $7,316 $661,942 $387,825 $274,117
2015 $7,167 $652,000 $382,000 $270,000
2014 $7,506 $675,045 $482,177 $192,868
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lisa Hovsepian

    Oak View Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14120997

California Regional Multiple Listing Service (CRMLS)

APN: 5675-018-011

California Los Angeles County Glendale 91205 Mariposa

726 Raleigh St, Glendale, CA

Not Listed for Sale

MultiFamily

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