NOT LISTED FOR SALE

Estimated Value: $875,000 - $1,430,000

2 Beds
1 Bath
925 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $390,000 $422 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $7,774/month

13 Days on Market

Highlights

  • Gated Parking
  • Maid or Guest Quarters
  • No HOA
  • John H. Francis Polytechnic Rated A-
  • Traditional Architecture
  • Converted Garage

About This Home

As of August 2015

First time home buyers here is your chance! A great buy in Sun Valley adjacent to Burbank!!! Property features 2bedrooms,1bathroom and a guest house(permits unknown). A lot of POTENTIAL is in this property. In need of some TLC and a DIY buyer with great imagination that will make this property SHINE! Located minutes away from Burbank's shopping centers, Burbank airport and direct access to the 5fwy for the long commuter. IT WON'T LAST! Property currently tenant occupied .... 24 HOUR NOTICE- APPOINTMENT REQUIRED! PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Janette Correa

Keller Williams Encino/Sherman Oaks License #01211559 Listed on: 06/24/2015

Keller Williams Encino/Sherman Oaks

Last Buyer's Agent

Steve Hovakimyan

City Center Realty Group License #01363908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,971

Year Built

  • Built in 1942

Lot Details

  • 6,817 Sq Ft Lot
  • Masonry wall
  • No Landscaping

Parking

  • 2 Car Garage
  • Converted Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Gated Parking

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 925 Sq Ft Home
  • Atrium Windows
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Maid or Guest Quarters
  • 1 Full Bathroom

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 8
  • Assessor Parcel Number 2405014003

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,971

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2405014003
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 925.00
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 421.62
  • Room Type: Guest/Maid's Quarters
  • Window Features: Atrium

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Masonry
  • Patio And Porch Features: Patio Open, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Converted Garage, Driveway - Combination, Driveway, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Gas Cooktop, Water Heater
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 6817.00
  • Price Per Lot Square Foot: 57.21
  • Lot Size Acres: 0.1560

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6817.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Sahakyan Armen
Bought by
Yepremyan Samuel and Yepremyan Vardui
Current Estimated Value
$1,197,762

Purchase Details

Closed on
Feb 17, 2023
Sold by
Israyelyan Neli
Bought by
Sahakyan Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2023
Sold by
Vardapetyan Levon
Bought by
Sahakyan Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2021
Sold by
Vardapetyan Levon and Yepremyan Vardui
Bought by
Vardapetyan Levon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2018
Sold by
Vardapetyan Levon
Bought by
Vardapetyan Levin and Yepremyan Vardui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2016
Sold by
Yepremyan Vardui
Bought by
The Levard Living Trust

Purchase Details

Listed on
Jun 24, 2015
Closed on
Aug 20, 2015
Sold by
Vardapetyan Levon
Bought by
Yepremyan Vardui
Seller's Agent
Janette Correa
Keller Williams Encino/Sherman Oaks
Buyer's Agent
Steve Hovakimyan
City Center Realty Group
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Original Mortgage
$292,500
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 24, 2015
Closed on
Jul 9, 2015
Sold by
Salinas Delia
Bought by
Yepremyan Vardui
Seller's Agent
Janette Correa
Keller Williams Encino/Sherman Oaks
Buyer's Agent
Steve Hovakimyan
City Center Realty Group
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2008
Sold by
Salinas Leopoldo
Bought by
Salinas Leopoldo and Salinas Gabriela F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Salinas Leopoldo and Salinas Gabriela F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,591
Interest Rate
6.79%

Purchase Details

Closed on
Dec 1, 1998
Sold by
Bank Of America Nt & Sa
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Yepremyan Samuel -- --
Yepremyan Samuel -- --
Sahakyan Armen -- Lawyers Title
Sahakyan Armen $1,200,000 Lawyers Title
Vardapetyan Levon -- Fidelity Sherman Oaks
Vardapetyan Levon -- Fidelity Sherman Oaks
Vardapetyan Levin -- None Available
Vardapetyan Levon -- Lawyers Title Company
The Levard Living Trust -- None Available
Yepremyan Vardui -- Lawyers Title
Yepremyan Vardui $390,000 Lawyers Title
Salinas Delia -- Lawyers Title
Salinas Leopoldo -- Old Republic Title Company
Salinas Delia -- Old Republic Title Company
Salinas Leopoldo $128,000 Fidelity National Title Co
Federal Home Loan Mortgage Corporation -- First American Title Ins Co
Bank Of Ameria Nt & Sa $118,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sahakyan Armen $900,000
Previous Owner Vardapetyan Levon $900,000
Previous Owner Vardapetyan Levon $763,000
Previous Owner Vardapetyan Levon $275,000
Previous Owner Vardapetyan Levon $280,000
Previous Owner Vardapetyan Levon $150,000
Previous Owner Vardapetyan Levon $390,000
Previous Owner Vardapetyan Levon $375,000
Previous Owner Vardapetyan Levon $225,000
Previous Owner Yepremyan Vardui $292,500
Previous Owner Salinas Leopoldo $300,000
Previous Owner Salinas Leopoldo $121,500
Previous Owner Salinas Leopoldo $121,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $390,000 0.0% $422 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $389,900 -- $422 / 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 $14,971 $1,248,480 $936,360 $312,120
2024 $14,971 $1,224,000 $918,000 $306,000
2023 $6,795 $542,612 $311,648 $230,964
2022 $6,482 $531,974 $305,538 $226,436
2021 $6,404 $521,545 $299,548 $221,997
2019 $6,215 $506,077 $290,664 $215,413
2018 $4,997 $405,755 $284,965 $120,790
2016 $4,775 $390,000 $273,900 $116,100
2015 $2,327 $184,565 $92,345 $92,220
2014 $2,344 $180,951 $90,537 $90,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15138778

California Regional Multiple Listing Service (CRMLS)

APN: 2405-014-003