1036 N Lima St Burbank, CA 91505
Magnolia Park NeighborhoodEstimated Value: $1,276,000 - $1,312,000
2
Beds
1
Bath
1,146
Sq Ft
$1,136/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Traditional Architecture
- Bonus Room
- Dolores Huerta Middle School Rated A-
- Wood Flooring
- Granite Countertops
About This Home
As of December 2021This adorable, well maintained Burbank home is located in the heart of Magnolia Park and the nearby Chandler Bike Path. This home features two bedrooms with one large bath with a separate stall shower and tub. All has been well maintained in great condition with an abundance of added amenities including hardwood floors throughout. Enter through the entry hall to a large and lovely spacious living room with a wall of windows/Plantation shutters and gleaming hardwood floors. The nearby light and bright formal dining room is conveniently located adjacent to the kitchen, complete with a breakfast bar, plenty of cabinet space and granite countertops plus an eating area. The large, covered patio overlooks the rear yard giving plenty of space for relaxing and entertaining. The backyard leads to the garage and a potential ADU area on the backside currently with a ¾ bath and kitchenette bonus room. Don’t wait! This is definitely a keeper.
Last Agent to Sell the Property
Engel & Völkers Burbank License #01067017 Listed on: 11/10/2021
Co-Listed By
Luz Hernandez
Dilbeck Real Estate License #01874098
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,132
Year Built
- Built in 1947
Lot Details
- 6,750 Sq Ft Lot
- Block Wall Fence
- Rectangular Lot
- Sprinkler System
- Density is up to 1 Unit/Acre
- Property is zoned BUR1*
Parking
- 2 Car Garage
- Parking Available
- Workshop in Garage
- Front Facing Garage
- Single Garage Door
- Driveway
- Parking Lot
- RV Access or Parking
Home Design
- Traditional Architecture
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Stucco
Interior Spaces
- 1,146 Sq Ft Home
- 1-Story Property
- Chair Railings
- Crown Molding
- Recessed Lighting
- Double Pane Windows
- Window Screens
- Living Room
- Formal Dining Room
- Bonus Room
- Neighborhood Views
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Gas Oven
- Gas Range
- Free-Standing Range
- Microwave
- Granite Countertops
- Trash Compactor
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Tile Bathroom Countertop
- Bathtub
- Separate Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 131
- Tax Tract Number 8148
- Assessor Parcel Number 2477023021
- $201 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2021
Closed on
Nov 20, 2021
Sold by
Shanklin Leslie Yvonne and The Gwendolyn Y Sanden Revocab
Bought by
Gomez Marc and Gomez Yaeji
Seller's Agent
Elena Hubbell
Engel & Völkers Burbank
Buyer's Agent
Kristin Neithercut
Compass
List Price
$980,000
Sold Price
$1,050,000
Premium/Discount to List
$70,000
7.14%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,807
Avg. Annual Appreciation
6.33%
Original Mortgage
$822,000
Outstanding Balance
$764,012
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$537,795
Purchase Details
Closed on
Apr 20, 2015
Sold by
Sanden Gwen Y
Bought by
Sanden Gwendolyn Y and The Gwendolyn Y Sanden Revocable Trust
Similar Homes in Burbank, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gomez Marc | $1,050,000 | Orange Coast Ttl Co Of Socal | |
| Sanden Gwendolyn Y | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gomez Marc | $822,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $1,050,000 | +7.1% | $916 / Sq Ft |
| 11/10/2021 11/10/21 | For Sale | $980,000 | -- | $855 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,132 | $1,092,420 | $873,936 | $218,484 |
| 2023 | $12,000 | $1,071,000 | $856,800 | $214,200 |
| 2022 | $11,452 | $1,050,000 | $840,000 | $210,000 |
| 2021 | $1,525 | $127,452 | $70,286 | $57,166 |
| 2019 | $1,469 | $123,673 | $68,202 | $55,471 |
| 2018 | $1,387 | $121,249 | $66,865 | $54,384 |
| 2016 | $1,303 | $116,542 | $64,269 | $52,273 |
| 2015 | $1,277 | $114,792 | $63,304 | $51,488 |
| 2014 | $1,282 | $112,544 | $62,064 | $50,480 |
Source: Public Records
Agents Affiliated with this Home
-
Elena Hubbell
E
Seller's Agent in 2021
Elena Hubbell
Engel & Völkers Burbank
(818) 326-9182
1 in this area
3 Total Sales
-
L
Seller Co-Listing Agent in 2021
Luz Hernandez
Dilbeck Real Estate
(818) 389-7861
1 in this area
16 Total Sales
-
Kristin Neithercut
Buyer's Agent in 2021
Kristin Neithercut
Compass
(508) 826-7127
24 in this area
191 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB21245786
APN: 2477-023-021
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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