NOT LISTED FOR SALE

824 E Palmer Ave Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $757,000 - $1,024,000

2 Beds
2 Baths
768 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $377,000 $491 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,918/month

132 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Carpet
  • 2-minute walk to Adams Square Mini Park
  • Horace Mann Elementary School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of March 2015

Excellent starter in Glendale under $400,000.Duplex in Great rental area of Adams Hills. Both units are one bedroom, one bath. Easy to rent. 824 is rented for $750, 826 for $800. No rent control in Glendale. Nice size back yard. No garage, but 4 or more cars can park on the driveway and in back of the duplex. Close to shops, parks, and schools.

Last Agent to Sell the Property

Cesar Santella

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #00946259 Listed on: 10/15/2014

Co-Listed By

Jerry Starkland

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01367123

Last Buyer's Agent

Jezell Ghazanian

JohnHart Real Estate License #01261329

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 4,175 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 768 Sq Ft Home
  • Carpet
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 6047
  • Assessor Parcel Number 5676021002

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,550
  • Net Operating Income $17,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5676021002
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 490.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Connected
  • Heating: Yes
  • Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Natural Gas
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4175.00
  • Lot Size Acres: 0.0960

Multi Family

  • Gross Income: 1550.00
  • Gross Scheduled Income: 18600.00
  • Lot Size Area: 4175.0000 Square Feet
  • Net Operating Income: 17800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 800.00
  • Rent Control: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 6047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2014
Closed on
Feb 26, 2015
Sold by
Francia Josie Y and Francia Karen T
Bought by
Francia Josie Y and Francia Karen Y
Seller's Agent
Cesar Santella
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Jezell Ghazanian
JohnHart Real Estate
List Price
$399,000
Sold Price
$377,000
Premium/Discount to List
-$22,000
-5.51%
Current Estimated Value
$861,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,969
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Feb 6, 2012
Sold by
Deleon Monette O
Bought by
Bilaoen Willie and Bilaoen Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2005
Sold by
Clark Scott E
Bought by
Deleon Monette O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2005
Sold by
Mousessian Jari
Bought by
Clark Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2004
Sold by
Calaustro Mary Ann S
Bought by
Clark Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1999
Sold by
Kalibian Avedis
Bought by
Calaustro Mary Ann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,142
Interest Rate
7.4%
Mortgage Type
FHA
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
Francia Josie Y -- Accommodation
Francia Josie Y $377,000 Pacific Coast Title Co
Bilaoen Willie $240,000 Chicago Title Company
Deleon Monette O $479,000 Chicago Title Co
Clark Scott E -- --
Clark Scott E $310,000 First Southwestern Title Co
Calaustro Mary Ann S $129,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bilaoen Willie $235,653
Previous Owner Deleon Monette O $383,200
Previous Owner Clark Scott E $248,000
Previous Owner Calaustro Mary Ann S $128,142
Closed Clark Scott E $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2015 03/24/15 Sold $377,000 -5.5% $491 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
10/15/2014 10/15/14 For Sale $399,000 -- $520 / Sq Ft
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 $4,974 $453,088 $360,551 $92,537
2024 $4,974 $444,205 $353,482 $90,723
2023 $4,862 $435,496 $346,551 $88,945
2022 $4,775 $426,957 $339,756 $87,201
2021 $4,695 $418,587 $333,095 $85,492
2019 $4,515 $406,493 $323,216 $83,277
2018 $4,425 $398,530 $316,879 $81,651
2016 $4,223 $382,749 $304,575 $78,174
2015 $2,652 $245,905 $211,069 $34,836
2014 $2,639 $241,089 $206,935 $34,154
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cesar Santella

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

  • Jerry Starkland

    Seller Co-Listing Agent in 2015

    Jerry Starkland

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    (818) 395-3974

    2 Total Sales

    Jerry Starkland
    Section Image

  • J

    Buyer's Agent in 2015

    Jezell Ghazanian

    JohnHart Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14221203

California Regional Multiple Listing Service (CRMLS)

APN: 5676-021-002

California Los Angeles County Glendale 91205 Adams Hill

824 E Palmer Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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