NOT LISTED FOR SALE

Estimated Value: $1,352,000 - $1,616,000

4 Beds
4 Baths
2,471 Sq Ft
$592/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $1,250,000 $506 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,119/month

29 Days on Market

Highlights

  • Main Floor Bedroom
  • Granite Countertops
  • No HOA
  • Dolores Huerta Middle School Rated A-
  • Private Yard
  • 1 Car Attached Garage

About This Home

As of April 2024

This 2 story gated home in the coveted Magnolia Park neighborhood of Burbank is full of possibilities! Perfect for an investor, large family or those in need of an in-law suite/extra living quarters. The lower level features 2 bedrooms, 2 bathrooms, and two separate living spaces. The large family room is currently being used as a dining room and features a beautiful fireplace.
The Upstairs primary bedroom is extremely spacious and features a walk in closet and upgraded ensuite bathroom with natural marble floors, granite counters, and beautiful tile work. The second upstairs bedroom is also spacious with ample closet space. There is also a secondary 3/4 upgraded bathroom and even an approximately 300sf covered terrace.
The property features lush landscaping with roses, flowers, vegetables and fruit trees including oranges, tangerines, pomegranates, figs, lemons, olives, cumquats, grapefruits and berries. This property truly feels like your own mediterranean oasis! The property even has solar panels. Close to parks, walking trails, shopping, and entertainment. Perfect for a homeowner with creative vision or a savvy investor. *Seller is in the process of packing and photos reflect that.

Last Agent to Sell the Property

Kerry Wade

Compass Brokerage Phone: 805-616-6309 License #01268191 Listed on: 02/06/2024

Compass

Last Buyer's Agent

Narine Khachatryan

REMAX Empower License #01843510

REMAX Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,051

Year Built

  • Built in 1939

Lot Details

  • 6,752 Sq Ft Lot
  • Wrought Iron Fence
  • Private Yard
  • Front Yard
  • Property is zoned BUR1YY

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway
  • Automatic Gate

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,471 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Separate Family Room
  • Living Room with Fireplace
  • Stone Flooring
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 94
  • Tax Tract Number 7383
  • Assessor Parcel Number 2476024008
  • $314 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,051

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: No
  • Zoning: BUR1YY
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2476024008
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2471.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 505.87
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Separate Family Room, Walk-In Closet
  • Bathroom Features: Double Sinks In Primary Bath, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless, Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless, Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 6752.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6752.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3112.00
  • Tax Lot: 94
  • Tax Tract Number: 7383
  • TaxOtherAnnualAssessmentAmount: 314.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 13, 2024
Sold by
Agapi Papas Intervivos Trust and Papas Agapi
Bought by
Mikayelyan Sona
Seller's Agent
Kerry Wade
Compass
Buyer's Agent
Narine Khachatryan
REMAX Empower
List Price
$1,199,999
Sold Price
$1,250,000
Premium/Discount to List
$50,001
4.17%
Views
102
Current Estimated Value
$1,461,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,755
Avg. Annual Appreciation
10.84%
Original Mortgage
$1,125,000
Outstanding Balance
$1,106,775
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$354,980

Purchase Details

Closed on
Aug 11, 2001
Sold by
Papas Agapi
Bought by
Papas Agapi and The Agapi Papas Intervivos Tru

Purchase Details

Closed on
Jan 24, 1992
Sold by
Cremo Xeni Jenny
Bought by
Papas Agapi
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
Mikayelyan Sona $1,250,000 Fidelity National Title
Papas Agapi -- --
Papas Agapi -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikayelyan Sona $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $1,250,000 +4.2% $506 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $1,199,999 -- $486 / 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 $4,051 $1,275,000 $1,028,058 $246,942
2024 $4,051 $347,454 $69,676 $277,778
2023 $4,008 $340,642 $68,310 $272,332
2022 $3,830 $333,964 $66,971 $266,993
2021 $3,801 $327,416 $65,658 $261,758
2019 $3,650 $317,706 $63,711 $253,995
2018 $3,557 $311,477 $62,462 $249,015
2016 $3,353 $299,385 $60,038 $239,347
2015 $3,286 $294,889 $59,137 $235,752
2014 $3,283 $289,113 $57,979 $231,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24026466

California Regional Multiple Listing Service (CRMLS)

APN: 2476-024-008