NOT LISTED FOR SALE

1027 E Elmwood Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,698,317 - $1,898,000

4 Beds
2 Baths
1,901 Sq Ft
$949/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $899,000 $473 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $11,034/month

62 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Family Room Off Kitchen
  • Joaquin Miller Elementary School Rated A-
  • Open to Family Room
  • Double Pane Windows

About This Home

As of February 2017

Make Your Move-BURBANK Newly listed in Burbank-First time on the market in 23 years. Your chance to upgrade to larger space and buy this lovely 4 bedroom & 2 bath home with approximately 1901 interior square feet of living space. The single-story residence is move in ready with a great floor plan, updated & renovated Chef's Kitchen with a Family Room, generous Living Room with Fireplace, inside laundry, plenty of storage space and lots of natural light. The Master Bedroom has a custom closet with built-ins and custom bamboo flooring. Updates include copper plumbing, updated electrical, newer windows and recessed lighting. The home has a front porch and is sited on a large enough 9,016 approximate square foot lot to consider adding a swimming pool. Plenty of space for on-site driveway parking plus a 2 car garage. Close to shopping, schools and restaurants. Welcome Home!

Last Agent to Sell the Property

Kara Handy

Engel & Völkers La Canada License #01438313 Listed on: 12/08/2016

Engel & Völkers La Canada

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 9,017 Sq Ft Lot
  • Block Wall Fence
  • Redwood Fence
  • Sprinkler System
  • Property is zoned BUR1YY

Parking

  • Parking Available

Home Design

  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,901 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5620003012

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: BUR1YY
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5620003012
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1901.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 472.91
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Redwood
  • Patio And Porch Features: Patio Open
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central, Natural Gas
  • Laundry Features: Inside, Stackable
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 9017.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9017.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2017
Sold by
Ovsepyan Asatur
Bought by
Ovsepyan Asatur and Ovsepyan Family Trust
Current Estimated Value
$1,804,579

Purchase Details

Listed on
Dec 8, 2016
Closed on
Feb 1, 2017
Sold by
Badalian Lousine
Bought by
Ovsepyan Asatur
Seller's Agent
Kara Handy
Engel & Völkers La Canada
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$620,000
Outstanding Balance
$513,828
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,290,751

Purchase Details

Listed on
Dec 8, 2016
Closed on
Jan 20, 2017
Sold by
Srourian Chukri
Bought by
Ovsepyarn Asatur
Seller's Agent
Kara Handy
Engel & Völkers La Canada
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$513,828
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,290,751

Purchase Details

Closed on
Jan 15, 1997
Sold by
Srourian Chake
Bought by
Srourian Chukri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,600
Interest Rate
7.58%

Purchase Details

Closed on
Feb 13, 1995
Sold by
Sciberras Achilles and Sciberras Maria
Bought by
Srourian Chukri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ovsepyan Asatur -- None Available
Ovsepyan Asatur -- Orange Coast Title
Ovsepyarn Asatur $899,000 Orange Coast Title
Srourian Chukri -- --
Srourian Chukri $260,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ovsepyan Asatur $620,000
Previous Owner Srourian Chukri $231,600
Previous Owner Srourian Chukri $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $899,000 0.0% $473 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $899,000 -- $473 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $19,165 $1,750,993 $1,334,469 $416,524
2024 $19,165 $1,716,660 $1,308,303 $408,357
2023 $18,960 $1,683,000 $1,282,650 $400,350
2022 $10,912 $983,183 $786,548 $196,635
2021 $10,870 $963,906 $771,126 $192,780
2020 $10,751 $954,024 $763,220 $190,804
2019 $10,432 $935,318 $748,255 $187,063
2018 $10,276 $916,980 $733,584 $183,396
2016 $4,283 $378,909 $218,547 $160,362
2015 $4,197 $373,219 $215,265 $157,954
2014 $4,193 $365,909 $211,049 $154,860
Source: Public Records

Agents Affiliated with this Home

  • Kara Handy

    Seller's Agent in 2017

    Kara Handy

    Engel & Völkers La Canada

    (818) 605-3021

    1 in this area

    22 Total Sales

    Kara Handy
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316009518

Pasadena-Foothills Association of REALTORS®

APN: 5620-003-012

California Los Angeles County Burbank 91501 Hillside District

1027 E Elmwood Ave, Burbank, CA

Not Listed for Sale

Detached

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