NOT LISTED FOR SALE

Estimated Value: $877,853 - $940,000

2 Beds
1 Bath
740 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $899,000 $1,215 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,898/month

37 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Thomas Edison Elementary School Rated A
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of September 2024

One of the best locations Burbank can offer. opportunity knocks! over 7000 Sqft lot, many possibilities exist on this lot, expand the house, add an ADU, and much more. between Burbank Blvd and Chandler, close to Magnolia Park area. The house offers 2 bedrooms one bath, good size living room.
Bring in your own design and make this a beautiful house in a great location in Burbank. close to Studios, restaurants and all that Burbank has to offer.

Last Agent to Sell the Property

Val Hacopian

Remax Optima Brokerage Email: val@valatremax.com License #00978258 Listed on: 07/30/2024

Remax Optima

Last Buyer's Agent

Garik Kechegyan

Signature Fine Estates License #02178717

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1938

Lot Details

  • 7,036 Sq Ft Lot
  • Private Yard
  • Property is zoned BUR1*

Parking

  • 1 Car Attached Garage
  • Parking Available

Interior Spaces

  • 740 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 120
  • Tax Tract Number 8675
  • Assessor Parcel Number 2478004018
  • $159 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$866

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: BUR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2478004018
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 740.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1214.86
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7036.00
  • Lot Size Acres: 0.1615

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7036.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3113.00
  • Tax Lot: 120
  • Tax Tract Number: 8675
  • TaxOtherAnnualAssessmentAmount: 159.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Sep 19, 2024
Sold by
Yerkanyan Gagik and Yerkanyan Grant
Bought by
Hosepo Shareh
Seller's Agent
Val Hacopian
Remax Optima
Buyer's Agent
Garik Kechegyan
Signature Fine Estates
List Price
$999,000
Sold Price
$899,000
Premium/Discount to List
-$100,000
-10.01%
Total Days on Market
37
Views
19
Current Estimated Value
$909,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,463
Avg. Annual Appreciation
1.74%
Original Mortgage
$719,200
Outstanding Balance
$715,238
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$194,225

Purchase Details

Closed on
Jul 12, 2024
Sold by
Stockpile Property Ventures Llc
Bought by
Yerkanyan Gagik and Yerkanyan Grant

Purchase Details

Closed on
Mar 6, 1996
Sold by
Shollin Thomas D and Shollin Frances E
Bought by
Shollin Thomas D and Shollin Frances E
Source: Public Records

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Range of Values:

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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
Hosepo Shareh $899,000 Lawyers Title Company
Yerkanyan Gagik $850,000 Lawyers Title Company
Stockpile Property Ventures Llc $790,000 Lawyers Title Company
Shollin Thomas D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hosepo Shareh $719,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $899,000 0.0% $1,215 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $899,000 -5.3% $1,215 / Sq Ft
08/12/2024 08/12/24 Price Changed $949,000 -5.0% $1,282 / Sq Ft
07/30/2024 07/30/24 For Sale $999,000 -- $1,350 / 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
2024 $866 $64,348 $46,357 $17,991
2023 $858 $63,088 $45,449 $17,639
2022 $821 $61,852 $44,558 $17,294
2021 $813 $60,640 $43,685 $16,955
2019 $783 $58,844 $42,391 $16,453
2018 $742 $57,691 $41,560 $16,131
2016 $697 $55,453 $39,948 $15,505
2015 $684 $54,621 $39,348 $15,273
2014 $693 $53,552 $38,578 $14,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24155754

California Regional Multiple Listing Service (CRMLS)

APN: 2478-004-018