NOT LISTED FOR SALE

Estimated Value: $1,440,000 - $1,712,000

7 Beds
4 Baths
3,050 Sq Ft
$532/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $1,310,000 $430 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,224/month

37 Days on Market

Highlights

  • Gated Parking
  • View of Hills
  • Double Pane Windows
  • Verdugo Hills Senior High School Rated A-
  • Hiking Trails
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2021

WOW!! Located in prestigious Shadow Hills Area. Highly sought income producing property - house and duplex.House - Vacant - 3 bedrooms, 2 baths, living room, den, and kitchen with outside patio with attached, insulated patio cover for outdoor dining and entertaining. House has extra tandem room (Mother-In-Law quarters/office) with 3/4 bath and separate entrance. Large fenced yard for your pets or a garden. Move in ready.Duplex -Upstairs - Vacant - 2 bedrooms, 1 bath. Many upgrades. Move in ready.Downstairs - 2 bedrooms, 1 bath. Tenant occupied. Laundry room for both units. Well kept buildings show pride of ownership. Secure patio area for outdoor entertaining and having fun.Beautiful lot with mature palm trees, avocado tree and lemon tree.Large secured parking area.Bring you extended family or live in house and enjoy income from duplex. Downstairs duplex kitchen and bath completely remodeled and has custom made blinds for all windows. Many opportunities. Very desirable equestrian area.

Last Agent to Sell the Property

Linda Bright

Berkshire Hathaway HomeServices Crest Real Estate License #00591593 Listed on: 06/01/2021

Berkshire Hathaway HomeServices Crest Real Estate

Last Buyer's Agent

Lelet Khechumyan

Coldwell Banker Hallmark License #01997853

Coldwell Banker Hallmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,822

Year Built

  • Built in 1947

Lot Details

  • 10,409 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Brick Fence
  • Chain Link Fence
  • Front Yard

Home Design

  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • Decorative Fireplace
  • Double Pane Windows
  • Window Screens
  • Views of Hills

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Private Parking
  • Driveway
  • Gated Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, sewer, telephone, trash collection, water
  • Tax Lot 1
  • Assessor Parcel Number 2544003002

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Foothills
  • Mountainous Community

Amenities

  • Laundry Facilities

Recreation

  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,822

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Privately Maintained, Paved
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Zoning: LARE40
  • Property Type: Residential Income
  • Parcel Number: 2544003002
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Decorative
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • View: Hills
  • Fence: Yes
  • Fencing: Block, Brick, Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stone, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt, Assigned, Concrete, Gated, Off Street, Parking Space, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Heating Type: Central, Natural Gas, Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Horse Trails, Mountainous, Rural, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 10409.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection, Water

Multi Family

  • Lot Size Area: 10409.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Akopyan Edgar and Khechumyan Stella
Bought by
Akopyan Family Trust and Akopyan
Current Estimated Value
$1,622,243

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 14, 2021
Sold by
Kennedy Betsy C
Bought by
Akopyan Edgar and Khechumyan Stella
Seller's Agent
Linda Bright
Berkshire Hathaway HomeServices Crest Real Estate
Buyer's Agent
Lelet Khechumyan
Coldwell Banker Hallmark
List Price
$1,598,000
Sold Price
$1,310,000
Premium/Discount to List
-$288,000
-18.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$885,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2016
Sold by
Kennedy Betsy C and Jo Anne Gale Simon Living Trus
Bought by
Kennedy Betsy C

Purchase Details

Closed on
Jul 6, 2005
Sold by
Simon Jo Anne Gale and Simon Robert L
Bought by
Simon Jo Anne Gale and Jo Anne Gale Simon Living Trus

Purchase Details

Closed on
May 29, 2003
Sold by
Simon Robert L
Bought by
Simon Joanne Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Ruhley Daniel W
Bought by
Simon Joanne Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2001
Sold by
Ruhley Daniel W and Ruhley Melanie
Bought by
Ruhley Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.19%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Ruhley Michael
Bought by
Ruhley Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7.64%
Mortgage Type
Seller Take Back
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
Akopyan Family Trust -- None Listed On Document
Akopyan Edgar $1,310,000 Fidelity National Title Co
Kennedy Betsy C -- None Available
Simon Jo Anne Gale -- --
Simon Joanne Gale -- Chicago Title
Simon Joanne Gale $469,000 Chicago Title
Ruhley Daniel W -- American Title Co
Ruhley Daniel W -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akopyan Edgar $885,000
Previous Owner Simon Joanne Gale $375,200
Previous Owner Ruhley Daniel W $170,000
Previous Owner Ruhley Daniel W $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $1,310,000 -10.6% $430 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/19/2021 06/19/21 Price Changed $1,465,000 -8.3% $480 / Sq Ft
06/01/2021 06/01/21 For Sale $1,598,000 0.0% $524 / Sq Ft
01/29/2020 01/29/20 Rented $2,900 0.0% --
01/21/2020 01/21/20 Under Contract -- -- --
01/08/2020 01/08/20 For Rent $2,900 0.0% --
12/31/2019 12/31/19 Off Market $2,900 -- --
10/07/2019 10/07/19 For Rent $2,900 +11.5% --
08/08/2017 08/08/17 Rented $2,600 0.0% --
08/03/2017 08/03/17 Off Market $2,600 -- --
07/10/2017 07/10/17 Price Changed $2,600 -5.5% $1 / Sq Ft
06/14/2017 06/14/17 For Rent $2,750 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $16,822 $1,390,182 $955,087 $435,095
2024 $16,822 $1,362,924 $936,360 $426,564
2023 $16,498 $1,336,200 $918,000 $418,200
2022 $15,732 $1,310,000 $900,000 $410,000
2021 $7,815 $627,523 $533,871 $93,652
2020 $7,890 $621,089 $528,397 $92,692
2019 $7,586 $608,912 $518,037 $90,875
2018 $7,457 $596,974 $507,880 $89,094
2016 $7,106 $573,795 $488,159 $85,636
2015 $7,004 $565,177 $480,827 $84,350
2014 $7,038 $554,107 $471,409 $82,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4915

Pasadena-Foothills Association of REALTORS®

APN: 2544-003-002