1051 E Palm Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,977,000 - $3,243,000
4
Beds
4.5
Baths
3,100
Sq Ft
$894/Sq Ft
Est. Value
Highlights
- Corral
- Filtered Pool
- Custom Home
- Ralph Emerson Elementary School Rated A-
- Primary Bedroom Suite
- Open Floorplan
About This Home
As of December 2021Stunning Brand New Mediterranean inspired home located in Burbank Hills. A perfect pairing of design and execution make this home a rare find. Impeccable attention to detail in every inch of the property. 4 en-suite bedrooms, 3 located upstairs and 1 downstairs. The exquisite Master Suite on the second floor is complete with oversized bathroom, private balcony, and a fully finished walk-in closet. Expansive kitchen with high-end stainless steel appliances and an island that houses a dual zone wine cooler and a sink. Kitchen opens seamlessly to dining, living, and family rooms. Sliding double doors lead to an oversized veranda and a backyard that features a salt water pool, built-in BBQ center, and a custom built gazebo complete with LED lighting and dual fans. House is fully wired for all electronic gadgetry as well as CCTV for the outdoors. Dual AC units with Nest Thermostats. Tankless water-heater. Fully finished attached garage is equipped with an electric car charger and a sink. Property provides access to award winning Burbank schools, easy access to most major studios, and is a few short blocks away from the lovely DeBell Golf Club. This phenomenal Home is complete for the most fastidious buyer and ready for SoCal living.
Last Agent to Sell the Property
Coldwell Banker Hallmark License #00988827 Listed on: 09/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,470
Year Built
- 1925
Lot Details
- 7,521 Sq Ft Lot
- Vinyl Fence
- Stucco Fence
- Landscaped
- Rectangular Lot
- Front and Back Yard Sprinklers
- Private Yard
- Lawn
- Property is zoned BUR-1
Parking
- 2 Car Direct Access Garage
- Parking Available
- Side by Side Parking
- Single Garage Door
- Garage Door Opener
- Driveway
- RV Potential
Property Views
- Hills
- Pool
Home Design
- Custom Home
- Mediterranean Architecture
- Slab Foundation
- Fire Rated Drywall
- Tile Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 3,100 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Crown Molding
- High Ceiling
- Recessed Lighting
- Fireplace Features Blower Fan
- Electric Fireplace
- Double Pane Windows
- Double Door Entry
- Sliding Doors
- Insulated Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Dining Room
- Storage
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Gas Oven or Range
- Range
- Microwave
- Water Line To Refrigerator
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Retreat
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Maid or Guest Quarters
- Low Flow Toliet
- Bathtub with Shower
- Multiple Shower Heads
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Gas Dryer Hookup
Home Security
- Security Lights
- Intercom
- Smart Home
- Closed Circuit Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Eco-Friendly Details
- Green Roof
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Insulation
- Energy-Efficient Doors
- Energy-Efficient Thermostat
Pool
- Filtered Pool
- Heated In Ground Pool
- In Ground Spa
- Gunite Pool
- Gunite Spa
- Pool Heated With Propane
- Permits for Pool
Outdoor Features
- Balcony
- Covered patio or porch
- Gazebo
- Outdoor Grill
- Rain Gutters
Horse Facilities and Amenities
- Corral
Utilities
- Two cooling system units
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Tankless Water Heater
- Sewer Paid
Community Details
- No Home Owners Association
- Not Applicable 105 Subdivision
Listing and Financial Details
- Assessor Parcel Number NEW OR UNDER CONSTRUCTION
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2021
Closed on
Dec 13, 2021
Sold by
Alekyan Kevin
Bought by
Arutyunyan Serozh and Nazari Sharis
Seller's Agent
Sarkis Garibyan
Coldwell Banker Hallmark
Buyer's Agent
Marlin Dginguerian
JohnHart Real Estate
List Price
$2,850,000
Sold Price
$2,650,000
Premium/Discount to List
-$200,000
-7.02%
Total Days on Market
90
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
$122,797
Avg. Annual Appreciation
1.32%
Original Mortgage
$2,000,000
Outstanding Balance
$1,857,807
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$914,990
Purchase Details
Closed on
Jul 1, 2020
Sold by
Terterian Araxia
Bought by
Alekyan Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,600
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2020
Sold by
Minasyan Gayane
Bought by
Alekyan Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,600
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2017
Sold by
T & T Palm Inc
Bought by
Terterian Araxia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,500
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2015
Sold by
Yots Llc
Bought by
T & T Palm Inc
Purchase Details
Listed on
Jun 2, 2014
Closed on
Jun 19, 2014
Sold by
Hahn Louanne
Bought by
Hahn Rodney J
Seller's Agent
Dan Soderstrom
Real Brokerage Technologies
Buyer's Agent
Gary Oganesyan
California Quest Realty
List Price
$549,000
Sold Price
$621,000
Premium/Discount to List
$72,000
13.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%
Original Mortgage
$335,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 2, 2014
Closed on
Jun 18, 2014
Sold by
Hahn Rodney J
Bought by
Yots Llc
Seller's Agent
Dan Soderstrom
Real Brokerage Technologies
Buyer's Agent
Gary Oganesyan
California Quest Realty
List Price
$549,000
Sold Price
$621,000
Premium/Discount to List
$72,000
13.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 2, 2008
Sold by
Hahn Mona L
Bought by
Hahn Rodney J
Purchase Details
Closed on
Jan 14, 1982
Sold by
Hahn James W
Bought by
Hahn James W and Hahn Mona L
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arutyunyan Serozh | $2,655,000 | Chicago Title | |
| Alekyan Kevin | $947,000 | Lawyers Title Company | |
| Alekyan Kevin | -- | Lawyers Title Company | |
| Terterian Araxia | $813,500 | Lawyers Title | |
| Terterian Araxia | -- | Lawyers Title | |
| T & T Palm Inc | $655,000 | Orange Coast Title Company | |
| Hahn Rodney J | -- | Orange Coast Title Company | |
| Yots Llc | $621,006 | Orange Coast Title Company | |
| Hahn Rodney J | -- | None Available | |
| Hahn James W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arutyunyan Serozh | $268,613 | |
| Open | Arutyunyan Serozh | $2,000,000 | |
| Previous Owner | Alekyan Kevin | $757,600 | |
| Previous Owner | Terterian Araxia | $125,000 | |
| Previous Owner | Terterian Araxia | $563,500 | |
| Previous Owner | T & T Palm Inc | $400,000 | |
| Previous Owner | Hahn Rodney J | $335,000 | |
| Previous Owner | Yots Llc | $335,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $2,650,000 | -7.0% | $855 / Sq Ft |
| 12/09/2021 12/09/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $2,850,000 | +358.9% | $919 / Sq Ft |
| 07/03/2014 07/03/14 | Sold | $621,000 | +13.1% | $590 / Sq Ft |
| 06/12/2014 06/12/14 | Pending | -- | -- | -- |
| 06/02/2014 06/02/14 | For Sale | $549,000 | -- | $522 / 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 |
|---|---|---|---|---|
| 2024 | $30,470 | $2,762,262 | $1,976,760 | $785,502 |
| 2023 | $30,140 | $2,708,100 | $1,938,000 | $770,100 |
| 2022 | $28,757 | $2,655,000 | $1,900,000 | $755,000 |
| 2021 | $10,521 | $947,000 | $757,600 | $189,400 |
| 2020 | $9,594 | $863,291 | $690,633 | $172,658 |
| 2019 | $9,305 | $846,365 | $677,092 | $169,273 |
| 2018 | $9,261 | $829,770 | $663,816 | $165,954 |
| 2017 | $7,582 | $678,286 | $542,630 | $135,656 |
| 2016 | $7,360 | $664,988 | $531,991 | $132,997 |
| 2015 | $6,842 | $621,000 | $496,800 | $124,200 |
| 2014 | $2,067 | $176,680 | $152,190 | $24,490 |
Source: Public Records
Agents Affiliated with this Home
-
Sarkis Garibyan
Seller's Agent in 2021
Sarkis Garibyan
Coldwell Banker Hallmark
(818) 807-4995
5 in this area
23 Total Sales
-
Marlin Dginguerian
Buyer's Agent in 2021
Marlin Dginguerian
JohnHart Real Estate
(818) 415-1516
2 in this area
93 Total Sales
-
Dan Soderstrom
Seller's Agent in 2014
Dan Soderstrom
Real Brokerage Technologies
(818) 437-0859
1 in this area
16 Total Sales
-
Gary Oganesyan
Buyer's Agent in 2014
Gary Oganesyan
California Quest Realty
(818) 392-0226
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 320007589
APN: 2456-012-012
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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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