NOT LISTED FOR SALE

1040 N Cordova St Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,621,000 - $1,760,478

3 Beds
3 Baths
2,233 Sq Ft
$768/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $1,155,000 $517 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,481/month

48 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Wood Flooring
  • Dolores Huerta Middle School Rated A-
  • Deck
  • Spanish Architecture

About This Home

As of August 2019

This amazing remodeled Spanish home is located in the heart of Magnolia Park and all of the quaint shops and restaurants it has to offer. Note the Spanish architecture and the large front porch. Inside is new wood flooring, a large living room with Barrel ceiling and faux fireplace, and a huge formal dining room in addition to arches throughout. The kitchen is new with granite counters, built ins, and a charming breakfast area. The family room is off of the kitchen and features a wood burning fireplace and French doors to the deck. There are 2 bedrooms downstairs, one a guest suite with French doors to the manicured rear yard and the other with French doors to the spacious deck. Upstairs is the master suite with balcony, fireplace, a large bath with dual vanities, separate shower, soaking tub with a view, and an extra large walk-in closet. Note the expensive and owned solar system that was discreetly installed on the roof. Location, condition, and charm make this an excellent home.

Last Agent to Sell the Property

Bill Toth

First Class Real Estate License #01023622 Listed on: 06/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,907

Year Built

  • Built in 1926

Lot Details

  • 6,531 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage
  • Parking Available
  • Brick Driveway

Home Design

  • Spanish Architecture
  • Turnkey
  • Raised Foundation
  • Unfinished Walls
  • Asphalt Roof
  • Copper Plumbing

Interior Spaces

  • 2,233 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Double Pane Windows
  • French Mullion Window
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Burroughs High School

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 8273
  • Assessor Parcel Number 2477019014

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,907

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: BUR1YY
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2477019014
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2233.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Full, Granite Counters, High Ceilings, Recessed Lighting, Unfinished Walls
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Wood Burning, Decorative
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 517.24
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, French/Mullioned
  • Bathroom Features: Bathtub, Low Flow Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Covered, Deck, Front Porch, Rear Porch, Wood
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway - Brick
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Burbank Unified
  • High School: Burroughs
  • High School: Burroughs
  • High School2: BURROU

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6531.00
  • Lot Size Acres: 0.1499

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6531.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3113.00
  • Tax Lot: 74
  • Tax Tract Number: 8273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jul 30, 2019
Sold by
Grishikian Souren
Bought by
Parker Douglas and Ferrari Karlyn
Seller's Agent
Bill Toth
First Class Real Estate
List Price
$1,299,000
Sold Price
$1,155,000
Premium/Discount to List
-$144,000
-11.09%
Current Estimated Value
$1,687,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,794
Avg. Annual Appreciation
6.84%
Original Mortgage
$228,475
Interest Rate
3.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 8, 2019
Sold by
Grishikian Zvart
Bought by
Grishikian Souren
Seller's Agent
Leanna Massimini
First Class Real Estate Inc.
Buyer's Agent
Bill Toth
First Class Real Estate
List Price
$929,000
Sold Price
$925,000
Premium/Discount to List
-$4,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.68%
Original Mortgage
$515,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jan 24, 2019
Sold by
Martinez Benito and The Margarita Martinez Cannon
Bought by
Grishikian Souren
Seller's Agent
Leanna Massimini
First Class Real Estate Inc.
Buyer's Agent
Bill Toth
First Class Real Estate
List Price
$929,000
Sold Price
$925,000
Premium/Discount to List
-$4,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2017
Sold by
Cannon Margarita M
Bought by
Cannon Margarita Martinez and The Margarita Martinez Cannon Revocable

Purchase Details

Closed on
Jan 6, 2016
Sold by
Cannon Harold L
Bought by
Cannon Margarita M

Purchase Details

Closed on
Oct 1, 2015
Sold by
Cannon Harold L
Bought by
Cannon Margarita M

Purchase Details

Closed on
Jun 5, 2015
Sold by
Cannon Harold
Bought by
Cannon Margarita

Purchase Details

Closed on
Mar 4, 2005
Sold by
Cannon Harold and Cannon Margarita M
Bought by
Cannon Harold L

Purchase Details

Closed on
Mar 26, 2002
Sold by
Morgan Charles Frederick
Bought by
Hackett Suzanne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.37%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Hackett Suzanne F
Bought by
Cannon Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.37%

Purchase Details

Closed on
Jul 22, 1998
Sold by
Hackett Suzanne F and Katzanek Suzanne F
Bought by
Hackett Suzanne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,050
Interest Rate
6.9%

Purchase Details

Closed on
Jan 23, 1997
Sold by
Katzanek Jack M
Bought by
Katzanek Suzanne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,300
Interest Rate
7.74%

Purchase Details

Closed on
Aug 18, 1995
Sold by
Fishman Joel and Fishman Susan
Bought by
Katzanek Jack M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.97%
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
Parker Douglas $1,155,000 Orange Coast Title Company
Grishikian Souren -- Orange Coast Title Company
Grishikian Souren $925,000 Orange Coast Title Company
Cannon Margarita Martinez -- None Available
Cannon Margarita M -- None Available
Cannon Margarita M -- None Available
Cannon Margarita -- California Title Company
Cannon Harold L -- --
Hackett Suzanne F -- --
Cannon Harold $425,000 --
Hackett Suzanne F -- Landsafe Title
Katzanek Suzanne F -- Old Republic Title Company
Katzanek Jack M $275,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Douglas $710,250
Closed Parker Douglas $228,475
Closed Parker Douglas $726,525
Previous Owner Grishikian Souren $515,000
Previous Owner Cannon Margarita M $313,726
Previous Owner The Cannon Living Trust $291,300
Previous Owner Cannon Harold L $125,000
Previous Owner Cannon Harold $347,000
Previous Owner Cannon Harold $340,000
Previous Owner Hackett Suzanne F $222,000
Previous Owner Hackett Suzanne F $190,050
Previous Owner Katzanek Suzanne F $192,300
Previous Owner Katzanek Jack M $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $1,155,000 -11.1% $517 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $1,299,000 +40.4% $582 / Sq Ft
03/20/2019 03/20/19 Sold $925,000 -0.4% $414 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $929,000 -- $416 / 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 $13,907 $1,263,157 $759,863 $503,294
2024 $13,907 $1,238,390 $744,964 $493,426
2023 $13,760 $1,214,108 $730,357 $483,751
2022 $13,135 $1,190,303 $716,037 $474,266
2021 $13,085 $1,166,965 $701,998 $464,967
2019 $6,387 $562,817 $309,484 $253,333
2018 $19,220 $551,782 $303,416 $248,366
2016 $5,938 $530,358 $291,635 $238,723
2015 $5,818 $522,393 $287,255 $235,138
2014 $5,806 $512,161 $281,629 $230,532
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Leanna Massimini

    First Class Real Estate Inc.

    Section Image
  • Bill Toth

    Seller's Agent in 2019

    Bill Toth

    First Class Real Estate

    (818) 434-2110

    11 in this area

    64 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2019

    Michelle Artinian

    Corcoran Global Living

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19134220

California Regional Multiple Listing Service (CRMLS)

APN: 2477-019-014

California Los Angeles County Burbank 91505 Magnolia Park

1040 N Cordova St, Burbank, CA

This home is located at 1040 N Cordova St, Burbank, CA 91505 since 11 June 2019 and is currently estimated at $1,714,870, approximately $767 per square foot. This property was built in 1926. 1040 N Cordova St is a home located in Los Angeles County with nearby schools including Dolores Huerta Middle School, John Burroughs High School, and Burbank Montessori Academy.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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