NOT LISTED FOR SALE

1015 E Spazier Ave Unit 202 Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $477,000 - $619,000

1 Bed
1 Bath
610 Sq Ft
$175/mo HOA Fee

Last Sold September 23, 2020

Last sale price $415,000 $680 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,363/month

19 Days on Market

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Patio
  • Joaquin Miller Elementary School Rated A-
  • Double Pane Windows
  • Laundry Room

About This Home

As of September 2020

LOW HOA $175. Beautiful spacious 1 Bedroom, 1 Bath condo in a desirable area of Burbank. Open floor plan with lots of Sunlight. Central A/C and heating. From the living room, open the sliding door into the balcony any enjoy the beautiful outdoors and hear the lovely birds chirping. Recessed lighting, double pane windows, dishwasher and laundry hookups inside the unit. Underground gated 2 car parking spaces. 2 Large sized storage units. Walking distance to Trader Joe's, Starbucks, Ralphs, Walgreens, CVS, restaurants and much much more. Low HOA $175.

Last Agent to Sell the Property

Arvin Nazari

California State Realty License #01711917 Listed on: 08/13/2020

Last Buyer's Agent

Andre Isakhanian

Promatrix Realty License #01850510

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 1 Common Wall

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 610 Sq Ft Home
  • Double Pane Windows
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • 11 Units
  • Metrowalk HOA

Listing and Financial Details

  • Assessor Parcel Number 5624002044

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5624002044
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 610.00
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Two
  • Price Per Square Foot: 680.33
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Water
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: MetroWalk HOA

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 8389.00
  • Lot Size Acres: 0.1926

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8389.0000 Square Feet
  • Number Of Units In Community: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Aug 27, 2020
Sold by
Voskanian Roland and Nazari Jaklin
Bought by
Arevshatyan Suren and Gevorgyan Anahit
Seller's Agent
Arvin Nazari
California State Realty
Buyer's Agent
Andre Isakhanian
Promatrix Realty
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Current Estimated Value
$531,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,695
Avg. Annual Appreciation
4.80%
Original Mortgage
$378,000
Outstanding Balance
$335,450
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$196,245

Purchase Details

Closed on
Mar 27, 2014
Sold by
Khechoumian Razmik
Bought by
Voskanian Roland and Nazari Jaklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2012
Sold by
Khechoumian Razmik
Bought by
Khechoumian Razmik and Gazarian Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Bank Of America National Association
Bought by
Khechoumian Razmik

Purchase Details

Closed on
May 29, 2009
Sold by
Dweh Todd
Bought by
Bank Of America National Association

Purchase Details

Closed on
Mar 16, 2007
Sold by
Dweh Todd
Bought by
Experian Mortgage Finance Corp

Purchase Details

Closed on
Oct 5, 2005
Sold by
Jelliffe William J and Jelliffe Audelia
Bought by
Dweh Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
7.65%
Mortgage Type
Fannie Mae Freddie Mac
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
Arevshatyan Suren $415,000 Lawyers Title Company
Voskanian Roland $245,000 None Available
Khechoumian Razmik -- None Available
Khechoumian Razmik $185,000 Lawyers Title Company
Bank Of America National Association $170,000 Servicelink
Experian Mortgage Finance Corp -- Accommodation
Dweh Todd $289,000 Ticor Title Co Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arevshatyan Suren $378,000
Previous Owner Voskanian Roland $183,750
Previous Owner Khechoumian Razmik $74,000
Previous Owner Dweh Todd $231,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $415,000 +4.0% $680 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $399,000 -- $654 / 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 $4,930 $449,208 $286,844 $162,364
2024 $4,930 $440,401 $281,220 $159,181
2023 $4,877 $431,766 $275,706 $156,060
2022 $4,653 $423,300 $270,300 $153,000
2021 $4,636 $415,000 $265,000 $150,000
2020 $3,093 $274,613 $89,668 $184,945
2019 $3,001 $269,229 $87,910 $181,319
2018 $2,977 $263,951 $86,187 $177,764
2016 $2,825 $253,704 $82,842 $170,862
2015 $2,768 $249,894 $81,598 $168,296
2014 $1,994 $175,000 $56,700 $118,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320002864

California Regional Multiple Listing Service (CRMLS)

APN: 5624-002-044