NOT LISTED FOR SALE

1002 E Olive Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,145,734 - $1,309,000

2 Beds
1 Bath
929 Sq Ft
$1,304/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $742,000 $799 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,134/month

12 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Corner Lot
  • Joaquin Miller Elementary School Rated A-
  • Secondary bathroom tub or shower combo
  • Formal Dining Room

About This Home

As of June 2017

Traditional Spanish House on a corner lot with great curb appeal. Prime Burbank location, Walking distance to the Burbank Town Center. Hardwood floors in living room, dining room, all bedrooms and hallway. Bay window in the dining room. Central A/C and Heating is Central Furnace. Fireplace is in the living room. Move in condition. APPROVED AND STAMPED PLANS ARE AVAILABLE FOR ABOUT 600 SF EXPANSION.

Last Agent to Sell the Property

Abbas Amirteymoori

AAT Realty License #01146074 Listed on: 04/27/2017

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 5,150 Sq Ft Lot
  • West Facing Home
  • Corner Lot
  • Sprinklers on Timer

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 929 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Custom Window Coverings
  • Bay Window
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • City Lights Views
  • Window Bars

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2456022020

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Builders Tract Code: NA610
  • Building Number Of Stories: 1
  • Entry Floor: 1
  • Entry Location: Living Room
  • Included In Sale: Refrigerator, Washer, Dryer, Range and customized window coverings.
  • List Price per Sq Ft: 795.48
  • Lp Sp Ratio: 1.0041
  • View Type: City Lights, City
  • Water District Name: Burbank
  • Year Built: 1936
  • Listing I D: 217012526
  • Listing Office Address: 85533 Treviso Dr., Indio, CA 92203
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Gas Oven, Washer, Gas Dryer Hookup, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Glass Doors
  • Flooring: Hardwood
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Formal Dining Room
  • Laundry: Laundry Area
  • Estimated Sq Ft: 929.00
  • Windows Treatments: Bay Window(s), Double Pane Windows, Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Foundation: Raised
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Window Bars
  • Sewer: In Street Paid
  • Water: In Street, Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 2456022020
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1200
  • Lot Location: Corner Lot
  • Lot Size: 5150.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2017
Sold by
Carpina Luz L and The Luz L Carpina Trust
Bought by
Carpina Carminia and Carpina Luz L
Current Estimated Value
$1,211,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Outstanding Balance
$306,535
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$905,149

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 15, 2017
Sold by
Amirteymoori Azi
Bought by
Carpina Luz L and The Luz L Carpina Trust
Seller's Agent
Abbas Amirteymoori
AAT Realty
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$739,000
Sold Price
$742,000
Premium/Discount to List
$3,000
0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$363,580
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 15, 2016
Sold by
Jung Ma Jeanneth Cajanap and Jung Andy
Bought by
Amirteymoori Azi
Seller's Agent
Gloria Cajanap
No Firm Affiliation
Buyer's Agent
Abbas Amirteymoori
Fathom Realty Group Inc.
List Price
$675,000
Sold Price
$657,000
Premium/Discount to List
-$18,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$624,150
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2013
Closed on
Aug 20, 2013
Sold by
Madrid Albert
Bought by
Jung Ma Jeanneth Cajanap and Jung Andy
Seller's Agent
Stephen Forrest
Forrest Realty
Buyer's Agent
Gloria Cajanap
No Firm Affiliation
List Price
$554,950
Sold Price
$525,000
Premium/Discount to List
-$29,950
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$377,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2009
Sold by
Madrid Albert
Bought by
Madrid Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2009
Sold by
Tellez C Robert
Bought by
Madrid Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2008
Sold by
Tellez Kathryn
Bought by
Tellez C Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2008
Sold by
Tellez C Robert
Bought by
Tellez C Robert and Madrid Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2008
Sold by
Tellez C Robert and The C Robert Tellez California
Bought by
Tellez C Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Tellez C Robert
Bought by
Tellez C Robert and The C Robert Tellez California

Purchase Details

Closed on
Dec 17, 1999
Sold by
Tellez C Robert and The Tellez Family Trust
Bought by
Tellez C Robert and Tellez Ralph O

Purchase Details

Closed on
Jun 4, 1996
Sold by
Tellez Ralph O and Tellez Alicia T
Bought by
Tellez Alicia T and Tellez Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Carpina Carminia -- Orange Coast Title Company
Carpina Carminia -- Orange Coast Title Company
Carpina Luz L $742,000 Chicago Title Company
Amirteymoori Azi $657,000 Provident Title Company
Jung Ma Jeanneth Cajanap $525,000 Chicago Title Company
Madrid Albert -- None Available
Madrid Albert -- None Available
Madrid Albert -- Ortc
Tellez C Robert -- Chicago Title Company
Tellez C Robert -- Chicago Title Company
Tellez C Robert -- Chicago Title Company
Tellez C Robert -- --
Tellez C Robert -- --
Tellez Alicia T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpina Carminia $364,000
Closed Carpina Luz L $363,580
Previous Owner Amirteymoori Azi $624,150
Previous Owner Jung Ma Jeanneth Cajanap $377,000
Previous Owner Madrid Albert $282,500
Previous Owner Madrid Albert $217,500
Previous Owner Tellez C Robert $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2017 06/09/17 Sold $742,000 +0.4% $799 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $739,000 +12.5% $795 / Sq Ft
03/29/2016 03/29/16 Sold $657,000 -2.7% $707 / Sq Ft View Prior Sale
02/17/2016 02/17/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $675,000 +28.6% $727 / Sq Ft
09/25/2013 09/25/13 Sold $525,000 -5.4% $565 / Sq Ft View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $554,950 -- $597 / Sq Ft
Source: California Desert 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 $9,437 $861,148 $688,921 $172,227
2024 $9,437 $844,263 $675,413 $168,850
2023 $9,336 $827,710 $662,170 $165,540
2022 $8,910 $811,482 $649,187 $162,295
2021 $8,880 $795,571 $636,458 $159,113
2019 $8,519 $771,976 $617,581 $154,395
2018 $8,440 $756,840 $605,472 $151,368
2016 $5,944 $543,653 $434,923 $108,730
2015 $5,822 $535,488 $428,391 $107,097
2014 $5,807 $525,000 $420,000 $105,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Abbas Amirteymoori

    AAT Realty

  • O

    Buyer's Agent in 2017

    Out Side Agent

    Desert Real Estate Consultants, Inc.

  • G

    Seller's Agent in 2016

    Gloria Cajanap

    No Firm Affiliation

  • S

    Seller's Agent in 2013

    Stephen Forrest

    Forrest Realty

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217012526

California Desert Association of REALTORS®

APN: 2456-022-020

California Los Angeles County Burbank 91501 Hillside District

1002 E Olive Ave, Burbank, CA

Not Listed for Sale

Detached

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