NOT LISTED FOR SALE

1011 E Olive Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $2,069,000 - $2,248,000

5 Beds
4 Baths
2,672 Sq Ft
$808/Sq Ft Est. Value

Last Sold September 09, 2014

Last sale price $1,210,000 $453 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $13,095/month

56 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Contemporary Architecture
  • Ralph Emerson Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of September 2014

Beautifully renovated two story home with 5 bedrooms and 4 baths in Burbank's prestigious Hill area. Dramatic living and entertainment area in large open floor plan with high ceilings, fireplace and new lighting. The entertainment area opens to a newly remodeled kitchen with island, granite counters, and stainless appliances. The master bedroom suite features a patio with beautiful views of hillside, large walk-in closet, duel sink vanity and fireplace. A large back yard includes a patio area and lap pool. The garage also features a pool house with bathroom, shower, kitchenette and laundry area. Lively landscaping and mature trees keeps the home cool in summers. Central AC/heat

Last Agent to Sell the Property

Michael Alley

Ramsey-Shilling Assoc. License #00873252 Listed on: 05/26/2014

Last Buyer's Agent

Kathleen Barnett

John Aaroe Group Inc. License #01310017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,942

Year Built

  • Built in 1921

Lot Details

  • 0.25 Acre Lot
  • East Facing Home
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,672 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Living Room with Fireplace
  • Storage
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Stone Porch or Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 39 / 75
  • Tax Tract Number 3102
  • Assessor Parcel Number 2456019016

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,942

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: BUR1YY
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2456019016
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2672.00
  • Interior Amenities: Built-in Features, Crown Molding, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 452.84
  • Room Type: Master Bedroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: City Lights, Hills
  • Patio And Porch Features: Stone
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 10876.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10876.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 75
  • Tax Lot: 39
  • Tax Tract Number: 3102.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
Sazama Matthew C and Sazama Barbara C
Bought by
Sazama Family Trust
Current Estimated Value
$2,159,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2014
Closed on
Aug 13, 2014
Sold by
Higgins Katherine D and Katherine D Higgins Living Tru
Bought by
Sazama Matthew C and Sazama Barbara C
Seller's Agent
Michael Alley
Ramsey-Shilling Assoc.
Buyer's Agent
Kathleen Barnett
John Aaroe Group Inc.
List Price
$1,285,000
Sold Price
$1,210,000
Premium/Discount to List
-$75,000
-5.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$910,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2003
Sold by
Higgins Katherine Diane
Bought by
Katherine D Higgins Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2003
Sold by
Katherine D Higgins Living Trust
Bought by
Higgins Katherine Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 1999
Sold by
Higgins Katherine D
Bought by
Katherine D Higgins Living Trust

Purchase Details

Closed on
Apr 26, 1994
Sold by
Higgins James Patrick
Bought by
Higgins Katherine Diane
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
Sazama Family Trust -- --
Sazama Matthew C $1,207,500 Chicago Title
Katherine D Higgins Living Trust -- Fidelity
Higgins Katherine Diane -- Fidelity
Katherine D Higgins Living Trust -- --
Higgins Katherine Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sazama Matthew C $783,500
Previous Owner Sazama Matthew C $910,000
Previous Owner Katherine D Higgins Living Trust $122,275
Previous Owner Katherine D Higgins Living Trust $268,000
Previous Owner Higgins Katherine Diane $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2014 09/09/14 Sold $1,210,000 -5.8% $453 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
05/26/2014 05/26/14 For Sale $1,285,000 -- $481 / 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 $15,942 $1,451,223 $1,038,995 $412,228
2024 $15,942 $1,422,769 $1,018,623 $404,146
2023 $15,772 $1,394,872 $998,650 $396,222
2022 $15,055 $1,367,522 $979,069 $388,453
2021 $14,997 $1,340,709 $959,872 $380,837
2019 $14,388 $1,300,944 $931,402 $369,542
2018 $14,275 $1,275,437 $913,140 $362,297
2017 $25 $1,250,430 $895,236 $355,194
2016 $13,560 $1,225,913 $877,683 $348,230
2015 $13,284 $1,207,500 $864,500 $343,000
2014 $4,155 $364,273 $79,585 $284,688
Source: Public Records

Agents Affiliated with this Home

  • Michael Alley

    Seller's Agent in 2014

    Michael Alley

    Ramsey-Shilling Assoc.

    (818) 763-5162

    2 Total Sales

    Michael Alley
    Section Image

  • K

    Buyer's Agent in 2014

    Kathleen Barnett

    John Aaroe Group Inc.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14109337

California Regional Multiple Listing Service (CRMLS)

APN: 2456-019-016

California Los Angeles County Burbank 91501 Hillside District

1011 E Olive Ave, Burbank, CA

This home is located at 1011 E Olive Ave, Burbank, CA 91501 since 26 May 2014 and is currently estimated at $2,159,332, approximately $808 per square foot. This property was built in 1921. 1011 E Olive Ave is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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

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