NOT LISTED FOR SALE

1002 E Palm Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,718,437 - $1,993,000

4 Beds
2 Baths
2,291 Sq Ft
$811/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $1,400,000 $611 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $11,154/month

59 Days on Market

Highlights

  • View of Hills
  • Fireplace in Primary Bedroom
  • Spanish Architecture
  • Ralph Emerson Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of February 2021

This wonderful Spanish style home in the Burbank hills sits on a corner lot and has been thoughtfully expanded and updated for today's way of living. The living room features a decorative fireplace and lovely views over the neighborhood, and a custom breakfast bar creates separation between the dining room and kitchen while maintaining an open feel throughout. The cook's kitchen includes Thermador appliances and ample storage, and the adjacent bar area opens out to the deck for easy entertaining and enjoyment of the garden. A 4 bed/2 bath layout offers flexibility in use with options for an upstairs home office or a main level den with direct access to the backyard. The generous primary bedroom is upstairs and features high ceilings, spa-like ensuite, large walk-in closet, and access to a covered porch with hillside views. Relax and enjoy glorious sunsets from the entry courtyard garden, or head out for some exercise in nearby Stough Canyon, Starlight Bowl, or downtown Burbank.

Last Agent to Sell the Property

Tom Tostengard

Berkshire Hathaway HomeServices California Properties License #01880441 Listed on: 11/21/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Talin Nazarian

COMPASS License #02008014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 5,205 Sq Ft Lot
  • Lot Dimensions are 50x107
  • Sprinkler System
  • Property is zoned BUR1YY

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 2,291 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Views of Hills

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2456-014-024

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2291
  • Lot Acreage: 0.1195
  • Lot Dimensions: 50x107
  • Stories: 2
  • Year Built: 1933
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Wood, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Bar Ice Maker, Dishwasher, Dryer, Washer, Range/Oven, Refrigerator, Ceiling Fan
  • Fireplace: Yes
  • Price Per S Q F T: 608.90

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached, Built-In Storage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 2456-014-024
  • Lot Size Area: 5205

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2020
Closed on
Feb 10, 2021
Sold by
Bell Gordon Stewart
Bought by
Gordon Stewart Bell Revocable Trust and Bell
Seller's Agent
Tom Tostengard
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Talin Nazarian
COMPASS
List Price
$1,395,000
Sold Price
$1,400,000
Premium/Discount to List
$5,000
0.36%
Current Estimated Value
$1,856,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,859
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Jun 10, 2010
Sold by
Mcguire Erin
Bought by
Frank Ellen S and Mcguire Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1998
Sold by
Estes Eloise S
Bought by
Mcguire Erin and Frank Ellen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,800
Interest Rate
7.06%
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
Gordon Stewart Bell Revocable Trust -- None Listed On Document
Frank Ellen S -- Netco Title Company
Mcguire Erin $269,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Ellen S $417,000
Previous Owner Mcguire Erin $215,800
Closed Mcguire Erin $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $1,400,000 +0.4% $611 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
11/21/2020 11/21/20 For Sale $1,395,000 -- $609 / 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 $17,097 $1,515,402 $916,602 $598,800
2024 $16,560 $1,485,689 $898,630 $587,059
2023 $16,383 $1,456,559 $881,010 $575,549
2022 $15,635 $1,428,000 $863,736 $564,264
2021 $5,735 $502,167 $251,853 $250,314
2020 $5,670 $497,019 $249,271 $247,748
2019 $5,504 $487,275 $244,384 $242,891
2018 $5,447 $477,722 $239,593 $238,129
2016 $5,157 $459,174 $230,291 $228,883
2015 $5,052 $452,277 $226,832 $225,445
2014 $5,042 $443,418 $222,389 $221,029
Source: Public Records

Agents Affiliated with this Home

  • Tom Tostengard

    Seller's Agent in 2021

    Tom Tostengard

    Berkshire Hathaway HomeServices California Properties

    (323) 872-4710

    2 in this area

    13 Total Sales

    Tom Tostengard
    Section Image

  • T

    Buyer's Agent in 2021

    Talin Nazarian

    COMPASS

See All Agents

Map

Source: The MLS

MLS Number: 20-659722

The MLS

APN: 2456-014-024

California Los Angeles County Burbank 91501 Hillside District

1002 E Palm Ave, Burbank, CA

Not Listed for Sale

Detached

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