NOT LISTED FOR SALE

1 Skyline Dr Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $2,191,000 - $3,479,000

3 Beds
4 Baths
3,404 Sq Ft
$866/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $1,388,400 $408 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $16,892/month

64 Days on Market

Highlights

  • In Ground Spa
  • Panoramic View
  • Wood Flooring
  • Ralph Emerson Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of November 2017

This sensational 1928 Spanish, with explosive Valley views from every room, was built as the ultimate entertainment home. The large foyer formerly lead guests downstairs to an amazing getaway, perched above the city below. Today, that entire lower level is an abundant master retreat. The ballroom serves as a gigantic & majestic master bedroom, the billiards room functions as a den or executive office, and the salon/bar is now an amazing ~200sft master bath. Upstairs, the large, formal living room with connected terrace is a romantic's dream: original Spanish details, coved ceiling, amazing fireplace and VIEWS! Upstairs is completed by two add'l bedroom suites, kitchen, formal dining room/den and an enclosed patio. No matter which room you enter, the views never stop! They continue outside from the bonus, detached studio, the ~400sft view deck and the oversized in-ground hot tub. With its unbeatable views and style, this treasure of a home will remain forever timeless.

Last Agent to Sell the Property

Jon Butler

Douglas Elliman License #01883938 Listed on: 08/02/2017

Douglas Elliman

Last Buyer's Agent

Shant Kataroyan

License #01717915

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 10,267 Sq Ft Lot
  • Property is zoned BUR1*

Parking

  • Carport

Property Views

  • Panoramic
  • City
  • Mountain
  • Valley

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,404 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Studio bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Spa
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Central Heating
  • Gravity Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5608-026-013

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: This sensational 1928 Spanish, with explosive Valley views from every room, was built as the ultimate entertainment home. The large foyer formerly lead guests downstairs to an amazing getaway, perched above the city below. Today, that entire lower level is an abundant master retreat. The ballroom serves as a gigantic & majestic master bedroom, the billiards room functions as a den or executive office, and the salon/bar is now an amazing ~200sft master bath. Upstairs, the large, formal living room with connected terrace is a romantic's dream: original Spanish details, coved ceiling, amazing fireplace and VIEWS! Upstairs is completed by two add'l bedroom suites, kitchen, formal dining room/den and an enclosed patio. No matter which room you enter, the views never stop! They continue outside from the bonus, detached studio, the ~400sft view deck and the oversized in-ground hot tub. With its unbeatable views and style, this treasure of a home will remain forever timeless.
  • Living Area: 3404
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 425.97

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City, Mountains, Panoramic, Valley
  • View: Yes

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Central, Gravity

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5608-026-013
  • Geocode Override: No
  • Lot Size Area: 10267

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 9, 2017
Sold by
Gross Christopher and Gross Lesly
Bought by
Tabibian James H and Tabibian Anilga
Seller's Agent
Jon Butler
Douglas Elliman
Buyer's Agent
Shant Kataroyan
List Price
$1,499,000
Sold Price
$1,388,400
Premium/Discount to List
-$110,600
-7.38%
Current Estimated Value
$2,948,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,559,755
Avg. Annual Appreciation
9.74%
Original Mortgage
$1,110,720
Outstanding Balance
$909,807
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,038,348

Purchase Details

Closed on
Nov 7, 2001
Sold by
Gross Chris and Gross Lesly
Bought by
Gross Christopher and Gross Lesly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%

Purchase Details

Closed on
Mar 16, 1998
Sold by
Merritt Richard M
Bought by
Gross Chris and Snelson Lesly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.15%
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
Tabibian James H $1,388,500 First American Title
Gross Christopher -- Southland Title Corporation
Gross Chris $525,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tabibian James H $1,110,720
Previous Owner Gross Christopher $500,000
Previous Owner Gross Chris $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $1,388,400 -4.2% $408 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/27/2017 09/27/17 Price Changed $1,450,000 -3.3% $426 / Sq Ft
08/02/2017 08/02/17 For Sale $1,499,000 -- $440 / Sq Ft
Source: The MLS

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 $17,342 $1,579,758 $1,124,628 $455,130
2024 $17,342 $1,548,783 $1,102,577 $446,206
2023 $17,156 $1,518,415 $1,080,958 $437,457
2022 $16,378 $1,488,643 $1,059,763 $428,880
2021 $16,309 $1,459,455 $1,038,984 $420,471
2019 $15,647 $1,416,168 $1,008,168 $408,000
2018 $15,487 $1,388,400 $988,400 $400,000
2017 $8,142 $722,296 $433,379 $288,917
2016 $7,873 $708,134 $424,882 $283,252
2015 $7,714 $697,498 $418,500 $278,998
2014 $7,694 $683,836 $410,303 $273,533
Source: Public Records

Agents Affiliated with this Home

  • Jon Butler

    Seller's Agent in 2017

    Jon Butler

    Douglas Elliman

    (310) 310-9280

    1 in this area

    47 Total Sales

    Jon Butler
    Section Image

  • S

    Buyer's Agent in 2017

    Shant Kataroyan

See All Agents

Map

Source: The MLS

MLS Number: 17-257034

The MLS

APN: 5608-026-013

California Los Angeles County Burbank 91501 Hillside District

1 Skyline Dr, Burbank, CA

Not Listed for Sale

Detached

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