NOT LISTED FOR SALE

1006 Omer Ln Burbank, CA 91502

Rancho Adjacent Neighborhood

Estimated Value: $886,000 - $1,263,000

5 Beds
3 Baths
2,003 Sq Ft
$575/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2012

Last sale price $386,300 $193 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $6,692 / mo

14 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Central Heating
  • William McKinley Elementary School Rated A-
  • Bungalow

About This Home

As of January 2012

This is a duplex. This is an APPROVED SHORT SALE. The list price has been approved by the bank. NO NEED TO WAIT!! Please make sure to make an appointment an hour ahead of time with the occupant before showing to your client.

Last Agent to Sell the Property

Candy Fargas

Apex Financial & Realty, Inc. License #01476081 Listed on: 12/01/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,956 Sq Ft Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • Wood Flooring

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 0.1
  • Tax Tract Number 12483
  • Assessor Parcel Number 5625017019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Cable TV Expense $200
  • Electric Expense $200
  • Insurance Expense $100
  • New Taxes Expense $2,992
  • Gross Income $2,500
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

6,956 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 0.65
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5625017019
  • Year Built: 1944
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 192.86

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Central

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Treed Lot
  • Lot Size Sq Ft: 6956.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Cable TV Expense: 200.00
  • Electric Expense: 200.00
  • Gross Income: 2500.00
  • Gross Multiplier: 154.52
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 100.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6956.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 2992.00
  • Tax Area: 2530
  • Tax Lot: 0.1
  • Tax Tract Number: 12483

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2016
Sold by
Bought by
Current Estimated Value
$1,151,272

Purchase Details

Listed on
Dec 1, 2011
Closed on
Jan 11, 2012
Sold by
Bought by
Seller's Agent
Candy Fargas
Apex Financial & Realty, Inc.
List Price
$386,300
Sold Price
$386,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$226,300
Outstanding Balance
$154,773
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$996,499

Purchase Details

Closed on
Jan 25, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,865
Interest Rate
8.46%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$386,500 Old Republic Title
$176,000 Benefit Land Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $226,300
Previous Owner $168,865
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/18/2012 01/18/12 Sold $386,300 0.0% $193 / Sq Ft
12/15/2011 12/15/11 Pending -- -- --
12/01/2011 12/01/11 For Sale $386,300 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,690 $485,200 $334,104 $151,096
2024 $5,519 $475,687 $327,553 $148,134
2023 $5,462 $466,361 $321,131 $145,230
2022 $5,219 $457,218 $314,835 $142,383
2021 $5,191 $448,254 $308,662 $139,592
2020 $5,133 $443,659 $305,498 $138,161
2019 $4,985 $434,960 $299,508 $135,452
2018 $4,874 $426,433 $293,636 $132,797
2016 $4,616 $409,877 $282,235 $127,642
2015 $4,524 $403,721 $277,996 $125,725
2014 $4,522 $395,814 $272,551 $123,263
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Candy Fargas

    Apex Financial & Realty, Inc.

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S681115

California Regional Multiple Listing Service (CRMLS)

APN: 5625-017-019

California Los Angeles County Burbank 91502 Rancho Adjacent

1006 Omer Ln, Burbank, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.