NOT LISTED FOR SALE

1031 E Verdugo Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $2,129,000 - $2,330,000

4 Beds
4 Baths
2,845 Sq Ft
$786/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $1,500,000 $527 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $13,178/month

8 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • 2 Car Attached Garage
  • Joaquin Miller Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of September 2019

Welcome to this custom built Mediterranean two story Villa located in one of the most prestigious Burbank neighborhoods! This custom newly renovated and remodeled house offers 4 Bedrooms 3.5 Bathrooms with app. 2,845 Sq. Ft. of living space! As you enter you are invited into an open floor plan with beautiful hardwood floors throughout, high ceilings and spacious living area with fireplace. New kitchen with granite countertops has custom cabinets and stainless still appliances. Master bedroom with high ceilings and walk in closet, master bathroom with walk in shower and Jacuzzi. Two large balconies on the second floor have beautiful views. Two car garage serves as a game room with pool table and a lot of built in cabinets / storage. Nice size backyard offers custom heated pool, entertaining area, fruit trees and is ideal for separate ADU dwelling accessible directly from the alley for extra income.

Last Agent to Sell the Property

Sarkis Gezalyan

West Side Lofts License #01357928 Listed on: 05/30/2019

Last Buyer's Agent

Sarkis Gezalyan

West Side Lofts License #01357928 Listed on: 05/30/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 7,750 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR1YY

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,845 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Private Pool
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 3102
  • Assessor Parcel Number 2456030007

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2456030007
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2845.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 527.24
  • Room Type: Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7750.00
  • Lot Size Acres: 0.1779

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 3102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2025
Sold by
Asiryan Vardui
Bought by
Vardui Asiryan Trust and Asiryan
Current Estimated Value
$2,235,453

Purchase Details

Listed on
May 30, 2019
Closed on
Sep 20, 2019
Sold by
Akopian Sousanna
Bought by
Kagramanian Armen
Seller's Agent
Sarkis Gezalyan
West Side Lofts
Buyer's Agent
Sarkis Gezalyan
Landnet
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$1,200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2019
Closed on
Sep 9, 2019
Sold by
Kagramanian Goar and Kagramanian Armen
Bought by
Asiryan Vardui
Seller's Agent
Sarkis Gezalyan
West Side Lofts
Buyer's Agent
Sarkis Gezalyan
Landnet
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2019
Sold by
Kagramanian Armen
Bought by
Kagramanian Goar and Kagramanian Armen

Purchase Details

Closed on
Dec 27, 2005
Sold by
Akopian Soussanna
Bought by
Kagramanian Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,500
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 26, 2004
Sold by
Akopian Soussanna
Bought by
Kagramanian Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
Cowan Eugene and Cowan Maritza
Bought by
Kagramanian Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1995
Sold by
Vladimir Michael
Bought by
Cowan Eugene and Cowan Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,100
Interest Rate
7.5%

Purchase Details

Closed on
Nov 9, 1994
Sold by
Vladimir Michael
Bought by
Vladimir Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,650
Interest Rate
9.1%

Purchase Details

Closed on
Apr 15, 1994
Sold by
World S & L Assn
Bought by
Vladimir Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 1994
Sold by
Golden West Svgs Assn Service Co
Bought by
World S & L Assn Fsla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vardui Asiryan Trust -- None Listed On Document
Kagramanian Armen -- Old Republic Title Company
Asiryan Vardui $1,500,000 Old Republic Title Company
Kagramanian Goar -- None Available
Kagramanian Armen -- American Coast Title Company
Kagramanian Armen -- Lawyers Title
Kagramanian Armen $790,000 Lawyers Title
Cowan Eugene $395,000 --
Vladimir Michael -- Fidelity National Title
Vladimir Michael $369,500 Fidelity National Title Ins
World S & L Assn Fsla $436,531 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asiryan Vardui $1,200,000
Previous Owner Kagramanian Armen $461,500
Previous Owner Kagramanian Armen $632,000
Previous Owner Cowan Eugene $355,100
Previous Owner Vladimir Michael $258,650
Previous Owner Vladimir Michael $277,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $1,500,000 -3.2% $527 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $1,550,000 -- $545 / 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 $18,006 $1,640,465 $1,093,645 $546,820
2024 $18,006 $1,608,300 $1,072,201 $536,099
2023 $17,814 $1,576,766 $1,051,178 $525,588
2022 $17,004 $1,545,850 $1,030,567 $515,283
2021 $16,940 $1,515,540 $1,010,360 $505,180
2019 $11,228 $1,006,893 $594,578 $412,315
2018 $11,097 $987,151 $582,920 $404,231
2016 $10,531 $948,821 $560,286 $388,535
2015 $10,318 $934,569 $551,870 $382,699
2014 $10,287 $916,263 $541,060 $375,203
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sarkis Gezalyan

    West Side Lofts

    (310) 295-7777

    2 Total Sales

    Sarkis Gezalyan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19126708

California Regional Multiple Listing Service (CRMLS)

APN: 2456-030-007

California Los Angeles County Burbank 91501 Hillside District

1031 E Verdugo Ave, Burbank, CA

Not Listed for Sale

Detached

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