NOT LISTED FOR SALE

1038 Sherlock Dr Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $2,793,055 - $3,215,000

4 Beds
3.5 Baths
3,500 Sq Ft
$841/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $2,400,000 $686 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,750/month

6 Days on Market

Highlights

  • Filtered Pool
  • Solar Power System
  • 19,060 Sq Ft lot
  • Joaquin Miller Elementary School Rated A-
  • City Lights View
  • Colonial Architecture

About This Home

As of July 2020

Perched atop a private knoll above the Burbank hills sits this sprawling custom Colonial estate. With sweeping views of Glendale and Burbank, this private gated home is the quintessential entertainer's paradise. This 4 bed 4 bath 3,500 SF home sits on an expansive 22K lot. Amenities included a chef's kitchen with stainless steel appliances, a Subzero fridge, Wolf range, double oven, warming drawer, and wine fridge. Custom cabinets with an oversized center island which opens up to the large family room. An elegant formal living room opens to the formal dining room, perfect for hosting dinner parties large or small. All rooms are located on the second floor including the resort like master suite with a private bathroom which includes a jetted tub, rain fall shower and walk in closet. The park like grounds highlight a large grassy area with a quaint gazebo that frames in the stunning views. Enjoy the SoCal weather all year long or host a party large or small on the lower pool deck.

Last Agent to Sell the Property

Alphonso Lascano

Carolwood Estates License #01723550 Listed on: 05/26/2020

Carolwood Estates

Co-Listed By

Bjorn Farrugia

Carolwood Estates License #01864250

Last Buyer's Agent

Narbe Avanessian

License #01971788

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.44 Acre Lot
  • Property is zoned BUR1YY

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Bar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • City Lights Views

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • 3 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Solar Power System

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Waterfall Pool Feature
  • Fence Around Pool
  • Heated Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 5618-017-011

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Colonial
  • Street Number Display: Yes
  • Living Area: 3500
  • Stories: 2
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Marble, Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Granite Counters
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Recirculated Exhaust Fan, Refrigerator, Solar Panels, Vented Exhaust Fan, Water Line to Refrigerator
  • Price Per S Q F T: 656.86

Exterior Features

  • Other Structures: None
  • Pool Description: Fenced, Filtered, Heated, In Ground, Salt/Saline, Waterfall
  • Pool: Yes
  • Spa: Heated, Hot Tub
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Driveway, Garage - 3 Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5618-017-011
  • Geocode Override: No
  • Lot Size Area: 19060

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 9, 2020
Sold by
Derosayro Brian C and Derosayro Loleeta C
Bought by
Nerses Noella
Seller's Agent
Alphonso Lascano
Carolwood Estates
Buyer's Agent
Narbe Avanessian
List Price
$2,299,000
Sold Price
$2,400,000
Premium/Discount to List
$101,000
4.39%
Current Estimated Value
$2,941,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,764
Avg. Annual Appreciation
3.79%
Original Mortgage
$1,560,000
Outstanding Balance
$1,383,305
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,558,459

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 14, 2020
Sold by
Davoodian Artin
Bought by
Nerses Noella
Seller's Agent
Alphonso Lascano
Carolwood Estates
Buyer's Agent
Narbe Avanessian
List Price
$2,299,000
Sold Price
$2,400,000
Premium/Discount to List
$101,000
4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Outstanding Balance
$1,383,305
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,558,459

Purchase Details

Closed on
Oct 4, 2010
Sold by
Derosayro Brian C and Derosayro Loleeta C
Bought by
Derosayro Brian C and Derosayro Loleeta C

Purchase Details

Closed on
Nov 9, 2001
Sold by
Isbell Jack and Isbell Mary Ann
Bought by
Derosayro Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,500
Interest Rate
6.73%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nerses Noella $2,400,000 Stewart Title Of Ca Inc
Nerses Noella -- Stewart Title Of Ca Inc
Derosayro Brian C -- None Available
Derosayro Brian C $710,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nerses Noella $1,560,000
Previous Owner Derosayro Brian C $512,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $2,400,000 +4.4% $686 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $2,299,000 -- $657 / 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 $28,402 $2,597,835 $1,818,485 $779,350
2024 $28,402 $2,546,898 $1,782,829 $764,069
2023 $28,098 $2,496,959 $1,592,540 $904,419
2022 $26,820 $2,448,000 $1,561,314 $886,686
2021 $26,727 $2,400,000 $1,530,700 $869,300
2020 $12,680 $1,126,987 $746,488 $380,499
2019 $12,304 $1,104,890 $731,851 $373,039
2018 $12,136 $1,083,226 $717,501 $365,725
2016 $11,514 $1,041,165 $689,641 $351,524
2015 $11,280 $1,025,526 $679,282 $346,244
2014 $11,249 $1,005,438 $665,976 $339,462
Source: Public Records

Agents Affiliated with this Home

  • Alphonso Lascano

    Seller's Agent in 2020

    Alphonso Lascano

    Carolwood Estates

    (818) 800-8848

    1 in this area

    167 Total Sales

    Alphonso Lascano
    Section Image
  • Bjorn Farrugia

    Seller Co-Listing Agent in 2020

    Bjorn Farrugia

    Carolwood Estates

    (310) 998-7175

    221 Total Sales

    Bjorn Farrugia
    Section Image

  • N

    Buyer's Agent in 2020

    Narbe Avanessian

See All Agents

Map

Source: The MLS

MLS Number: 20-581992

The MLS

APN: 5618-017-011

California Los Angeles County Burbank 91501 Hillside District

1038 Sherlock Dr, Burbank, CA

Not Listed for Sale

Detached

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