1041 E Palm Ave Burbank, CA 91501
Hillside District Neighborhood
4
Beds
6
Baths
4,701
Sq Ft
7,759
Sq Ft Lot
Highlights
- Dance Studio
- Projection Room
- Heated Spa
- Ralph Emerson Elementary School Rated A-
- New Construction
- Primary Bedroom Suite
About This Home
As of December 2021Sophisticated Design and Modern Luxury are best exemplified in this Brand-New 2021 completion Home. With prominent curb appeal you are welcomed and greeted by a dramatic foyer entry that leads you into the sun drenched open living spaces. Generous dimensions were appointed to the Formal Living and Dining Rooms that tie in to the Family Room and Kitchen. The Chefs kitchen boasts high end stainless-steel appliances, custom cabinetry and a peninsula layout. An over-sized expandable sliding door invites you to the Veranda patio overlooking your backyard oasis. Upstairs you’ll find 4 Bedrooms, 3 Bathrooms with 2 of the Bedrooms being en-suite. The Master Suite offers a Spa like bathroom with over-sized walk-in shower & separate soaking tub, walk-in closet and exclusive balcony with views of the Verdugo Mountains. Downstairs is the most unique space that is rarely seen on the Burbank Hillside and that is the 1,600+ Sq.Ft. Basement that features a projection Movie Theater and offers endless possibilities for you to create areas such as a Gym, Office, Hobby Room, Studio, Man Cave, Bar, Game Room or as your imagination dictates. The Entertainers Outdoor space is complete with a Saltwater Pool & Spa, Dining & Lounging Areas, Built-in BBQ, expandable Sliding glass doors on the detached 3-Car Garage easily doubling as a Pool Cabana with an attached ¾ Bathroom. Smart Home Mobile/App Enabled features include; Lutron Lighting, Surround Sound System and Security System. This home was extensively planned and professionally executed making it a perfect opportunity for its 1st Owner. Welcome Home!
Last Agent to Sell the Property
Keller Williams Realty World Media Center License #01493532 Listed on: 10/07/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,852
Year Built
- Built in 2021 | New Construction
Lot Details
- 7,759 Sq Ft Lot
- Landscaped
- Sprinkler System
- Back and Front Yard
Parking
- 3 Car Garage
- Parking Available
- Two Garage Doors
- Garage Door Opener
Property Views
- Mountain
- Neighborhood
Home Design
- Turnkey
Interior Spaces
- 4,701 Sq Ft Home
- Open Floorplan
- Built-In Features
- Recessed Lighting
- Electric Fireplace
- Entryway
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Projection Room
- Home Theater
- Dance Studio
- Finished Basement
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Free-Standing Range
- Dishwasher
- Stone Countertops
- Pots and Pans Drawers
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Home Security System
- Fire Sprinkler System
Pool
- Heated Spa
- Saltwater Pool
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Zoned Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 3102
- Assessor Parcel Number 2456011002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2021
Closed on
Nov 8, 2021
Sold by
Eliasian Andre
Bought by
Gyuleseryan David
Seller's Agent
Robert Kurdyan
Keller Williams Realty World Media Center
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$3,188,000
Sold Price
$3,100,000
Premium/Discount to List
-$88,000
-2.76%
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
$635,376
Avg. Annual Appreciation
5.30%
Original Mortgage
$2,170,000
Outstanding Balance
$1,999,402
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$1,735,974
Purchase Details
Listed on
Mar 10, 2017
Closed on
Apr 12, 2017
Sold by
Eliasian Adrina Zargaryan
Bought by
Eliasian Andre
Seller's Agent
Elisa G. Ritt
Compass
Buyer's Agent
Anthony Stellini
Compass
List Price
$849,000
Sold Price
$915,000
Premium/Discount to List
$66,000
7.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.86%
Original Mortgage
$636,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 10, 2017
Closed on
Apr 7, 2017
Sold by
Kolbenschlag Michael
Bought by
Eliasian Andre
Seller's Agent
Elisa G. Ritt
Compass
Buyer's Agent
Anthony Stellini
Compass
List Price
$849,000
Sold Price
$915,000
Premium/Discount to List
$66,000
7.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2005
Sold by
Kolbenschlag Michael
Bought by
Kolbenschlag Michael and Graul Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 2, 2003
Sold by
Reed Harrison S
Bought by
Kolbenschlag Michael and Graul Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
4.19%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 21, 2002
Sold by
Reed Harrison S
Bought by
Reed Harrison S and Reed Tess D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 4, 2000
Sold by
Reed Harrison S
Bought by
Reed Harrison S and Reed Tess D
Purchase Details
Closed on
Jul 21, 2000
Sold by
Hocking John R
Bought by
Reed Harrison S and Reed Tess D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
8.2%
Similar Homes in Burbank, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,100,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | $915,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | First American Title | |
| Grant Deed | $529,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Southland Title | |
| Individual Deed | $335,000 | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,170,000 | New Conventional | |
| Previous Owner | $609,000 | New Conventional | |
| Previous Owner | $636,000 | New Conventional | |
| Previous Owner | $625,000 | Negative Amortization | |
| Previous Owner | $423,200 | Unknown | |
| Previous Owner | $52,900 | Credit Line Revolving | |
| Previous Owner | $378,000 | Unknown | |
| Previous Owner | $85,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $326,000 | Unknown | |
| Previous Owner | $275,000 | Unknown | |
| Previous Owner | $46,000 | Unknown | |
| Previous Owner | $301,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $3,100,000 | -2.8% | $659 / Sq Ft |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- |
| 10/07/2021 10/07/21 | For Sale | $3,188,000 | +248.4% | $678 / Sq Ft |
| 04/20/2017 04/20/17 | Sold | $915,000 | +7.8% | $557 / Sq Ft |
| 03/10/2017 03/10/17 | For Sale | $849,000 | -- | $517 / 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 |
|---|---|---|---|---|
| 2025 | $35,852 | $3,289,744 | $2,653,020 | $636,724 |
| 2024 | $35,852 | $3,225,240 | $2,601,000 | $624,240 |
| 2023 | $35,148 | $3,162,000 | $2,550,000 | $612,000 |
| 2022 | $33,536 | $3,100,000 | $2,500,000 | $600,000 |
| 2021 | $8,257 | $741,319 | $741,319 | $0 |
| 2019 | $10,537 | $951,965 | $719,332 | $232,633 |
| 2018 | $10,435 | $933,300 | $705,228 | $228,072 |
| 2016 | $6,986 | $635,345 | $456,515 | $178,830 |
| 2015 | $6,843 | $625,802 | $449,658 | $176,144 |
| 2014 | $6,610 | $594,000 | $427,000 | $167,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Robert Kurdyan
Keller Williams Realty World Media Center
(818) 239-1275
9 in this area
33 Total Sales
-
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
5,764 Total Sales
-
Seller's Agent in 2017
Elisa G. Ritt
Compass
(310) 308-4287
119 Total Sales
-
Seller Co-Listing Agent in 2017
Sherri Rogers
Compass
(323) 810-1473
94 Total Sales
-
Buyer's Agent in 2017
Anthony Stellini
Compass
(310) 888-3378
135 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB21223087
APN: 2456-011-002
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.
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
Nearby Homes
- 1067 E Magnolia Blvd
- 1025 E San Jose Ave
- 1079 E San Jose Ave
- 1065 E Harvard Rd
- 0 Country Club Dr Unit SB24168055
- 914 E Grinnell Dr
- 759 E Olive Ave
- 1703 Camino de Villas
- 820 E Grinnell Dr
- 710 E Olive Ave
- 303 S Kenneth Rd
- 634 E Harvard Rd
- 400 N 6th St Unit 202
- 607 E Olive Ave
- 606 N 6th St
- 565 E San Jose Ave Unit 204
- 565 E San Jose Ave Unit PH1
- 557 E San Jose Ave Unit 7
- 660 Country Club Dr
- 620 S Bel Aire Dr