NOT LISTED FOR SALE

Estimated Value: $1,508,601 - $1,554,000

4 Beds
2.5 Baths
2,073 Sq Ft
$742/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $800,000 $386 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,151/month

Highlights

  • Detached Guest House
  • Spa
  • Deck
  • Thomas Edison Elementary School Rated A
  • View of Hills
  • Wood Flooring

About This Home

As of December 2022

This home is a dreamy compound with ADU (with sound soak for any music people) in a terrific location in lovely Magnolia Park. Next to the Chandler bike path and walk to all of Burbank's hottest shops and restaurants will not last long. The main house is 3 beds and 2 baths and drenched in light. The inviting open floor plan boasts a formal entryway, a large kitchen with granite countertops and breakfast bar, a primary suite with a generous walk-in closet and a huge primary bathroom with a jacuzzi tub, dual vanities and separate shower. Newer hardwood flooring throughout, french doors, recessed lighting and dual pane windows make this home feel so inviting. Incredible backyard and porch for entertaining complete with 2 peach trees, an avocado tree and an orange tree! Lush landscaping on a giant lot! Two car garage has permitted room attached with closet and half bath. Don't miss out!

Last Agent to Rent the Property

John Thoms

John Thoms Properties License #01860922 Listed on: 12/15/2022

Last Renter's Agent

John Thoms

John Thoms Properties License #01860922 Listed on: 12/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,476

Year Built

  • Built in 1949

Lot Details

  • 6,793 Sq Ft Lot
  • Lot Dimensions are 50x138
  • West Facing Home
  • Block Wall Fence
  • Back and Front Yard
  • Property is zoned BUR1*

Home Design

  • Bungalow
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,073 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Views of Hills

Kitchen

  • Breakfast Bar
  • Gas and Electric Range
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Security Lights
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Converted Garage
  • Driveway
  • Automatic Gate

Outdoor Features

  • Spa
  • Deck

Utilities

  • Central Heating
  • Water Purifier
  • Sewer in Street

Additional Features

  • Detached Guest House
  • Ground Level Unit

Community Details

  • John Thoms Properties Association

Listing and Financial Details

  • Security Deposit $5,500
  • Tenant pays for gas, cable TV, electricity
  • 12-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 2478-002-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,476

Year Built

Built in 1949

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Pet Deposit: 500.00
  • Land Lease Purchase Yn: No
  • Lease Length: 12
  • Lease Option: 1
  • Rent Control: No
  • Rent Excludes: Gas and power. Tenant to pay own utilities.
  • Security Deposit: 5500
  • Tenant Pays: Gas, Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: This home is a dreamy compound with ADU (with sound soak for any music people) in a terrific location in lovely Magnolia Park. Next to the Chandler bike path and walk to all of Burbank's hottest shops and restaurants will not last long. The main house is 3 beds and 2 baths and drenched in light. The inviting open floor plan boasts a formal entryway, a large kitchen with granite countertops and breakfast bar, a primary suite with a generous walk-in closet and a huge primary bathroom with a jacuzzi tub, dual vanities and separate shower. Newer hardwood flooring throughout, french doors, recessed lighting and dual pane windows make this home feel so inviting. Incredible backyard and porch for entertaining complete with 2 peach trees, an avocado tree and an orange tree! Lush landscaping on a giant lot! Two car garage has permitted room attached with closet and half bath. Don't miss out!
  • Entry Location: Foyer
  • Lease Terms: 1+Year
  • Living Area: 2073
  • Lot Acreage: 0.1559
  • Lot Dimensions: 50x138
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Living Room, Dining
  • Flooring: Mixed, Wood
  • Appliances: Gas/Electric Range
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tub With Jets, Fiberglass Shower Enclosure
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Gas Dryer Hookup, Hood Fan, Ceiling Fan, Washer, Dryer, Water Line to Refrigerator, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 2.65

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Exposure: West
  • Fence: Block
  • Guest House: Detached
  • Patio: Deck(s)
  • Pool: No
  • Roof: Asphalt
  • Spa: Indoor
  • Spa Yn: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Covered Parking, Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Fireplace
  • Security: Prewired for alarm system, Exterior Security Lights, Smoke Detector
  • Sewer: In Street

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Management Company: John Thoms Properties
  • Mgmt Co Phone: 3109182029|

Schools

  • School District: Burbank Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2478-002-024
  • Lot Description: Front Yard, Fenced, Curbs, Back Yard, Automatic Gate, Yard, Street Lighting, Street Asphalt
  • Lot Size Area: 6793

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2016
Closed on
Feb 2, 2016
Sold by
Peng Qinghua
Bought by
Ogan Gregory A and Ogan Family 2016 Revocable Liv
Seller's Agent
Kelly Wang
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$798,000
Sold Price
$800,000
Premium/Discount to List
$2,000
0.25%
Current Estimated Value
$1,498,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,716
Avg. Annual Appreciation
6.38%

Purchase Details

Listed on
Dec 1, 2014
Closed on
Dec 11, 2014
Sold by
Shrem Mark and Shrem Aida
Bought by
Peng Qinghua
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Dana Murphy
Redfin Corporation
List Price
$729,000
Sold Price
$740,000
Premium/Discount to List
$11,000
1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$417,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2013
Sold by
Shrem Mark and Shrem Aida
Bought by
The Mark Shrem & Aida Shrem Family Trust
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
Ogan Gregory A $800,000 Equity Title
Ogan Gregory A -- Equity Title Los Angeles
Peng Qinghua $740,000 First American Title
The Mark Shrem & Aida Shrem Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peng Qinghua $417,000
Previous Owner Shrem Aida $390,318
Previous Owner Shrem Mark $400,000
Previous Owner Shrem Mark $120,000
Previous Owner Shrem Mark $147,900
Previous Owner Shrem Mark $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Rented $5,500 0.0% --
12/15/2022 12/15/22 For Rent $5,500 0.0% --
02/05/2016 02/05/16 Sold $800,000 +0.3% $386 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
01/03/2016 01/03/16 For Sale $798,000 +7.8% $385 / Sq Ft
01/14/2015 01/14/15 Sold $740,000 +1.5% $357 / Sq Ft
01/14/2015 01/14/15 Price Changed $729,000 0.0% $352 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
12/04/2014 12/04/14 Pending -- -- --
12/01/2014 12/01/14 For Sale $729,000 -- $352 / Sq Ft
Source: The MLS

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 $10,476 $947,031 $686,719 $260,312
2024 $10,476 $928,462 $673,254 $255,208
2023 $10,365 $910,257 $660,053 $250,204
2022 $9,896 $892,410 $647,111 $245,299
2021 $9,858 $874,913 $634,423 $240,490
2019 $9,460 $848,964 $615,606 $233,358
2018 $9,320 $832,319 $603,536 $228,783
2016 $8,322 $751,284 $570,570 $180,714
2015 $4,979 $447,258 $269,338 $177,920
2014 -- $438,498 $264,063 $174,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-225429

The MLS

APN: 2478-002-024