NOT LISTED FOR SALE

1050 E Elmwood Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,775,000 - $2,255,000

4 Beds
2.5 Baths
2,796 Sq Ft
$710/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $1,570,000 $562 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,942/month

28 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 2 Car Attached Garage
  • Joaquin Miller Elementary School Rated A-
  • No HOA

About This Home

As of September 2021

Welcome home to this gorgeous house in the most prestigious area of Burbank. This 4 bedroom, 2.5 bath home features a large living room with high ceiling great for entertaining your guests and a separate dining room that leads to a large, bright, updated kitchen and family room. Kitchen includes granite counters, stainless appliances and recessed lighting. Large master bedroom with bath and a walk in closet. This is an opportunity you do not want to miss. All offers are due by September 9th 5pm.

Last Agent to Sell the Property

Harmik Ohanian

PRENAR Realty License #01405165 Listed on: 08/31/2021

Last Buyer's Agent

Saro Dilanchian

Latitude Real Estate & Invest License #01314546

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned BUR1YY

Parking

  • 2 Car Attached Garage

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 2,796 Sq Ft Home
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5620005018

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-610
  • View: No
  • Zoning: BUR1YY
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5620005018
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2796.00
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing, Living Room
  • Levels: One
  • Price Per Square Foot: 561.52
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7500.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Martirosyan Armen
Bought by
Asatryan Lilit
Current Estimated Value
$2,002,021

Purchase Details

Closed on
Jan 12, 2022
Sold by
Asatryan Sarkis
Bought by
Asatryan Sarkis and Asatryan Lilit

Purchase Details

Closed on
Mar 6, 2007
Sold by
Grgodzhyan Mari
Bought by
Nakashyan Angela

Purchase Details

Closed on
Dec 29, 2005
Sold by
Kilislian Garo
Bought by
Grgodzhyan Mari

Purchase Details

Closed on
Sep 14, 2004
Sold by
Nakashian Anahit
Bought by
Nakashian Sarkis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,600
Interest Rate
4.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 26, 2004
Sold by
Stone David E
Bought by
Nakashian Sarkis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,600
Interest Rate
4.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 20, 2003
Sold by
Stone David E
Bought by
Stone David E and Ament Vanessa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Ament Vanessa T
Bought by
Stone David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2000
Sold by
Ament Vanessa T
Bought by
Stone David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
7.88%

Purchase Details

Closed on
Sep 13, 2000
Sold by
Selsby Harvey
Bought by
Stone David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
7.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Asatryan Lilit -- Lawyers Title
Asatryan Lilit -- Accommodation/Courtesy Recordi
Asatryan Sarkis -- None Listed On Document
Nakashyan Angela -- Accommodation
Grgodzhyan Mari -- Accommodation
Grgodzhyan Mari -- None Available
Nakashian Sarkis -- Southland Title Company
Nakashian Sarkis $607,000 Southland Title
Stone David E -- --
Stone David E -- Stewart Title Of Ca Inc
Stone David E -- Old Republic Title
Stone David E $379,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nakashian Sarkis $485,600
Previous Owner Stone David E $432,000
Previous Owner Stone David E $303,200
Closed Stone David E $56,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $1,570,000 +4.7% $562 / Sq Ft
09/13/2021 09/13/21 For Sale $1,499,000 -4.5% $536 / Sq Ft
09/10/2021 09/10/21 Off Market $1,570,000 -- --
08/31/2021 08/31/21 For Sale $1,499,000 -- $536 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,301 $1,821,720 $1,275,000 $546,720
2024 $18,301 $1,633,427 $1,117,805 $515,622
2023 $18,106 $1,601,400 $1,095,888 $505,512
2022 $17,284 $1,570,000 $1,074,400 $495,600
2021 $13,236 $1,175,860 $990,202 $185,658
2020 $13,090 $1,163,804 $980,049 $183,755
2019 $12,701 $1,140,985 $960,833 $180,152
2018 $12,540 $1,118,614 $941,994 $176,620
2016 $11,906 $1,075,178 $905,416 $169,762
2015 $11,664 $1,059,029 $891,816 $167,213
2014 $11,627 $1,038,285 $874,347 $163,938
Source: Public Records

Agents Affiliated with this Home

  • Harmik Ohanian

    Seller's Agent in 2021

    Harmik Ohanian

    PRENAR Realty

    (818) 355-2666

    1 in this area

    18 Total Sales

    Harmik Ohanian
    Section Image
  • Saro Dilanchian

    Buyer's Agent in 2021

    Saro Dilanchian

    Latitude Real Estate & Invest

    (818) 482-5433

    1 in this area

    27 Total Sales

    Saro Dilanchian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320007472

California Regional Multiple Listing Service (CRMLS)

APN: 5620-005-018

California Los Angeles County Burbank 91501 Hillside District

1050 E Elmwood Ave, Burbank, CA

Not Listed for Sale

Detached

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