NOT LISTED FOR SALE

1040 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,725,072 - $2,130,000

3 Beds
2 Baths
1,500 Sq Ft
$1,285/Sq Ft Est. Value

About This Home

This home is located at 1040 E Magnolia Blvd, Burbank, CA 91501 and is currently estimated at $1,927,768, approximately $1,285 per square foot. 1040 E Magnolia Blvd is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Ovsepian Nikkie Nektar and Ovsepian Nektar Nikkie
Bought by
Ovsepian Nikkie Nektar and The Ovsepian Investment Trust
Current Estimated Value
$1,927,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,586
Outstanding Balance
$359,826
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,597,935

Purchase Details

Closed on
Jan 8, 2020
Sold by
Ovsepian Nikkie
Bought by
Ovsepian Nikkie Nektar and The Ovsepian Investment Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2013
Sold by
Harutunian Harmik
Bought by
Ovsepian Nikkie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2013
Sold by
Ovsepian Nikkie
Bought by
Ovsepian Nikkie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2003
Sold by
Pebworth Laurie
Bought by
Ovsepian Nikkie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Ovsepian Nikkie
Bought by
Pebworth Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
5.75%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Pebworth Laurie
Bought by
Pebworth Laurie and Ovsepian Nikkie

Purchase Details

Closed on
Sep 5, 2001
Sold by
Megrabyan Arutyun and Megrabyan Anahit
Bought by
Pebworth Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
6.62%

Purchase Details

Closed on
Feb 13, 1995
Sold by
Emc Mtg Corp
Bought by
Megrabyan Arutyun and Megrabyan Anahit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 15, 1994
Sold by
Paddock Lloyd A and Emc Mtg Corp
Bought by
Emc Mtg Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Ovsepian Nikkie Nektar -- None Available
Ovsepian Nektar Nikkie -- Amrock
Ovsepian Nikkie Nektar -- None Available
Ovsepian Nikkie -- Lawyers Title
Ovsepian Nikkie -- Lawyers Title
Ovsepian Nikkie $677,500 First Southwestern Title
Pebworth Laurie -- First American Title
Pebworth Laurie -- Gateway Title Company
Pebworth Laurie $489,000 Gateway Title Company
Megrabyan Arutyun $220,000 Continental Lawyers Title Co
Emc Mtg Corp $235,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ovsepian Nektar Nikkie $394,586
Closed Ovsepian Nikkie $422,000
Closed Ovsepian Nikkie $535,000
Closed Ovsepian Nikkie $543,000
Closed Ovsepian Nikkie $553,000
Closed Ovsepian Nikkie $553,000
Closed Ovsepian Nikkie $548,500
Closed Ovsepian Nikkie $539,000
Closed Ovsepian Nikkie $542,000
Previous Owner Pebworth Laurie $445,000
Previous Owner Pebworth Laurie $391,200
Previous Owner Megrabyan Arutyun $198,000
Closed Pebworth Laurie $48,900
Source: Public Records

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
2024 $10,682 $944,360 $580,974 $363,386
2023 $10,569 $925,844 $569,583 $356,261
2022 $10,092 $907,691 $558,415 $349,276
2021 $10,042 $889,894 $547,466 $342,428
2020 $9,931 $880,770 $541,853 $338,917
2019 $9,637 $863,501 $531,229 $332,272
2018 $9,486 $846,570 $520,813 $325,757
2016 $8,992 $813,698 $500,590 $313,108
2015 $8,809 $801,476 $493,071 $308,405
2014 $8,783 $785,777 $483,413 $302,364
Source: Public Records

Map

California Los Angeles County Burbank 91501 Hillside District

1040 E Magnolia Blvd, Burbank, CA

This home is located at 1040 E Magnolia Blvd, Burbank, CA 91501 and is currently estimated at $1,927,768, approximately $1,285 per square foot. 1040 E Magnolia Blvd is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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