NOT LISTED FOR SALE

1041 E Fairmount Rd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $2,027,000 - $2,585,000

5 Beds
3 Baths
3,250 Sq Ft
$719/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $1,685,000 $518 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $14,024/month

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Great Room
  • Ralph Emerson Elementary School Rated A-
  • City Lights View
  • Lawn

About This Home

As of December 2017

((( Almost All Brand New Construction))) Amazing Spanish Pool Home Nestled In The Burbank Hills Taken Down To The Studs &
Added On . Dramatic Curb Appeal Complete With New Smooth Stucco, Custom Cut Rafters, New Tile Roof, New Dual Glazed
Windows, New Hardscaping and Landscaping. Custom Entrance With Detailed Ceiling At Entry, Engineered Wood Flooring,
Formal Dining Room, Gourmet Kitchen With Carrera Marble Tops, Professional Viking Appliances And Butcher Block Island &
Dining Counter Over Looking The Massive Living Room With Spectacular Views Of The Backyard & Burbank Hills. The Attention
To Detail Is Incredible From The Bull Nose Corners, Custom Solid Core Doors & Large Baseboards. Covered Patio With T&G
Ceiling. Impressive Master Suite Complete With Vaulted Ceilings, Walk-In Closet, & 5 Star Luxury Master Bath. Large Upstairs
Laundry Room & Large Linen. Handsomely Sized Bedrooms With 3 Up and 2 Down. Wonderfull Views From Upstairs, Luxurious
Backyard With New Pool/Spa, Fencing, Landscaping and Hardscaping. New Electrical, 2 HVAC Systems, Alarm, Pre-Wired For
Surround Sound. Nothing Else Like It In Burbank!!

Last Agent to Sell the Property

Desi Kepe

Wealthpoint Realty Solutions License #01359918 Listed on: 10/26/2017

Last Buyer's Agent

Nancy Lee-Wintering

Compass License #01051411

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 7,883 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Hills
  • Neighborhood

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Great Room
  • Family Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Pool

  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • SEER Rated 16+ Air Conditioning Units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 7590
  • Assessor Parcel Number 2470012012

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Alarm and Prewired for Surround Sound
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2470012012
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3250.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 518.46
  • Room Type: Family Room, Formal Entry, Great Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • View: City Lights, Hills, Neighborhood
  • Pool Features: Private, In Ground, Heated, Gunite
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, High Efficiency, Seer Rated 16+
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System
  • Lot Size Sq Ft: 7883.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 7590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Dec 7, 2017
Sold by
Lee R
Bought by
Berg Jacob Dane and Berg Rebecca Elizabeth
Seller's Agent
Desi Kepe
Wealthpoint Realty Solutions
Buyer's Agent
Nancy Lee-Wintering
Compass
List Price
$1,698,888
Sold Price
$1,685,000
Premium/Discount to List
-$13,888
-0.82%
Current Estimated Value
$2,335,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,443
Avg. Annual Appreciation
4.14%
Original Mortgage
$1,348,000
Outstanding Balance
$1,109,944
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,225,499

Purchase Details

Listed on
Aug 23, 2016
Closed on
Sep 9, 2016
Sold by
Holm Cynthia Lee
Bought by
The 1041 Fairmount Trust
Seller's Agent
Barry and Karen Gussow
Equity Union
Buyer's Agent
Desi Kepe
Wealthpoint Realty Solutions
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.02%
Original Mortgage
$671,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berg Jacob Dane $1,685,000 None Available
The 1041 Fairmount Trust $885,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Jacob Dane $1,348,000
Previous Owner The 1041 Fairmount Trust $671,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2017 12/11/17 Sold $1,685,000 -0.8% $518 / Sq Ft
10/26/2017 10/26/17 For Sale $1,698,888 +92.0% $523 / Sq Ft
09/30/2016 09/30/16 Sold $885,000 -1.6% $394 / Sq Ft View Prior Sale
09/02/2016 09/02/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $899,000 -- $400 / 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 $21,029 $1,917,237 $1,342,636 $574,601
2024 $21,029 $1,879,645 $1,316,310 $563,335
2023 $20,805 $1,842,790 $1,290,500 $552,290
2022 $19,860 $1,806,658 $1,265,197 $541,461
2021 $19,785 $1,771,235 $1,240,390 $530,845
2019 $18,918 $1,718,700 $1,203,600 $515,100
2018 $18,744 $1,685,000 $1,180,000 $505,000
2017 $9,924 $885,000 $645,200 $239,800
2016 $1,226 $104,747 $41,396 $63,351
2015 $1,203 $103,175 $40,775 $62,400
2014 $1,209 $101,155 $39,977 $61,178
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Desi Kepe

    Wealthpoint Realty Solutions

    (818) 717-0451

    18 Total Sales

    Desi Kepe
    Section Image

  • N

    Buyer's Agent in 2017

    Nancy Lee-Wintering

    Compass

    (818) 388-7622

    3 in this area

    29 Total Sales

    Nancy Lee-Wintering
    Section Image
  • Barry and Karen Gussow

    Seller's Agent in 2016

    Barry and Karen Gussow

    Equity Union

    (818) 266-9898

    3 in this area

    50 Total Sales

    Barry and Karen Gussow
    Section Image

  • K

    Seller Co-Listing Agent in 2016

    Karen Volpei

    Equity Union

    (818) 266-9123

    1 in this area

    63 Total Sales

    Karen Volpei
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17245207

California Regional Multiple Listing Service (CRMLS)

APN: 2470-012-012

California Los Angeles County Burbank 91501 Hillside District

1041 E Fairmount Rd, Burbank, CA

Not Listed for Sale

Detached

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