1039 E Magnolia Blvd Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,592,000 - $1,891,464
2
Beds
1
Bath
1,426
Sq Ft
$1,204/Sq Ft
Est. Value
Highlights
- Peek-A-Boo Views
- 0.34 Acre Lot
- Main Floor Bedroom
- Ralph Emerson Elementary School Rated A-
- Colonial Architecture
- No HOA
About This Home
As of June 2022Mega Development Opportunity!!... In the exclusive Burbank Hills Community!!...North of N Bel Aire Dr.!! Build a Dream Home or possibly build 2 Large Luxury Homes on two good-sized separate lots by dividing this almost 15,000 ft2 breathtaking majestic property in half. Set atop this One-Of-A-Kind Property with peek-a-boo views of the Verdugo Mountains is a delightful early 1900's Traditional Colonial Home that has over 1400 ft.² of Living Space featuring a living room, den, sunroom, utility room, two good-sized bedrooms and a Jack and Jill bath. Close to DeBell Golf Course, Downtown Burbank's nightlife, restaurants, and shops. Conveniently located near Markets and the 5 and 134 freeways. This property's idyllic location, sheer size, development potential, and gorgeous Landscape make it an unmatched opportunity!! Property sold As Is.
Last Agent to Sell the Property
Real Brokerage Technologies, Inc. License #01931236 Listed on: 05/16/2022
Last Buyer's Agent
Real Brokerage Technologies, Inc. License #01931236 Listed on: 05/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,640
Year Built
- Built in 1920
Lot Details
- 0.34 Acre Lot
- 2456006001
- Property is zoned BUR1YY
Parking
- 2 Car Garage
- Parking Available
- Combination Of Materials Used In The Driveway
Property Views
- Peek-A-Boo
- Mountain
Home Design
- Colonial Architecture
- Traditional Architecture
- Cottage
- Wood Siding
Interior Spaces
- 1,426 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room with Fireplace
- Carpet
- Laundry Room
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Gas Range
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Jack-and-Jill Bathroom
- 1 Full Bathroom
- Tile Bathroom Countertop
- Bathtub
Outdoor Features
- Patio
- Front Porch
Utilities
- Central Air
- Floor Furnace
- Water Heater
Listing and Financial Details
- Legal Lot and Block 11 / 78
- Tax Tract Number 2530
- Assessor Parcel Number 2456006002
- $211 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
May 16, 2022
Closed on
Jun 3, 2022
Sold by
Mariam Nazaryan
Bought by
Termkrtchyan Edik
Seller's Agent
Jeff Hartman
Real Brokerage Technologies, Inc.
Buyer's Agent
Jeff Hartman
Coldwell Banker Residential Brokerage
List Price
$1,599,995
Sold Price
$1,900,000
Premium/Discount to List
$300,005
18.75%
Total Days on Market
2
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
-$182,884
Avg. Annual Appreciation
-3.67%
Purchase Details
Closed on
Oct 10, 2000
Sold by
Stone Diane
Bought by
Stone Diane E and Diane E Stone Declaration Of T
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 |
|---|---|---|---|
| Termkrtchyan Edik | -- | Fidelity National Title | |
| Stone Diane E | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2022 06/23/22 | Sold | $1,900,000 | +18.8% | $1,332 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/16/2022 05/16/22 | For Sale | $1,599,995 | -- | $1,122 / 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 | $19,640 | $1,768,680 | $1,456,560 | $312,120 |
| 2023 | $19,429 | $1,734,000 | $1,428,000 | $306,000 |
| 2022 | $1,022 | $81,259 | $49,412 | $31,847 |
| 2021 | $1,008 | $79,667 | $48,444 | $31,223 |
| 2019 | $970 | $77,306 | $47,008 | $30,298 |
| 2018 | $926 | $75,791 | $46,087 | $29,704 |
| 2016 | $862 | $72,850 | $44,299 | $28,551 |
| 2015 | $846 | $71,757 | $43,634 | $28,123 |
| 2014 | $856 | $70,353 | $42,780 | $27,573 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hartman
Seller's Agent in 2022
Jeff Hartman
Real Brokerage Technologies, Inc.
(818) 667-2009
2 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22044898
APN: 2456-006-002
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