NOT LISTED FOR SALE

1051 E Walnut Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,678,000 - $1,954,000

3 Beds
2 Baths
1,838 Sq Ft
$989/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $880,000 $479 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $10,889/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Ralph Emerson Elementary School Rated A-
  • L-Shaped Dining Room
  • Neighborhood Views

About This Home

As of February 2017

Instantly Appealing! This Gorgeous 3BD, 2BA, Hillside Home Includes Beautiful Formal Living Room with Attractive Stone 2 Sided Fireplace and Gleaming Hardwood Floors. Comfortable Den with Convenient Built-In Desk and Formal Dining Area, Cute Eat-In Kitchen with Tile Counters and Built-In Appliances, plus second Dining Area. Other Fabulous Home Features Include Central Air & Heating, Office Area Off Kitchen, Dual Pane Energy Efficient Windows, Big Laundry Room and Extra Pantry Storage.: Backyard with Patio Area, lush Grassy Yard with Sprinkler System On Timers and Thriving Lemon Tree! Detached Two Car Garage with Work Bench and Stylish Vinyl Garage Door. Prestigious Hillside Location Above Bel Air - A Must See!

Last Agent to Sell the Property

David Fogg

Keller Williams Realty World Media Center License #01149065 Listed on: 12/15/2016

Last Buyer's Agent

Jack Kerimian

Jack Kerimian, Real Estate Broker License #00840240

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,618 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Back and Front Yard
  • Property is zoned BUR1YY

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,838 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 8516
  • Assessor Parcel Number 2470010015

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2470010015
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1838.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Ell, In Kitchen
  • Fireplace Features: Den, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 478.78
  • Room Type: Den, Laundry, Living Room
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers Timer
  • Lot Size Sq Ft: 7618.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 3101.00
  • Tax Lot: 3
  • Tax Tract Number: 8516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2019
Sold by
Keshishyan Nvard
Bought by
Nersisyan Samvel
Current Estimated Value
$1,817,447

Purchase Details

Closed on
Feb 10, 2018
Sold by
Nersisyan Samvel
Bought by
Keshishyan Nvard

Purchase Details

Listed on
Dec 15, 2016
Closed on
Feb 14, 2017
Sold by
Keshishyan Nyard
Bought by
Nersisyan Samvel
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Jack Kerimian
Jack Kerimian, Real Estate Broker
List Price
$889,000
Sold Price
$880,000
Premium/Discount to List
-$9,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$636,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2016
Closed on
Jan 12, 2017
Sold by
Retnasingam Gengatharan
Bought by
Nersisyan Samvel
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Jack Kerimian
Jack Kerimian, Real Estate Broker
List Price
$889,000
Sold Price
$880,000
Premium/Discount to List
-$9,000
-1.01%

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
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2010
Sold by
Retnasingam Gengatharan
Bought by
Gengatharan Ratnavathany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,026
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2010
Sold by
Gengatharan Ratnavathany
Bought by
Retnasingam Gengatharan and Gengatharan Ratnavathany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,026
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 1997
Sold by
Bozzani Nora C Revocable Trust
Bought by
Reinasingam Gengatharan and Gengatharan Ratnavathany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,800
Interest Rate
7.86%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Bozzani Nora J
Bought by
Bozzani Emery C and Bozzani Teresa M
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
Nersisyan Samvel -- None Available
Keshishyan Nvard -- None Available
Nersisyan Samvel -- Lawyers Title Company
Nersisyan Samvel $880,000 Lawyers Title
Gengatharan Ratnavathany -- Fidelity National Title
Gengatharan Ratnavathany -- Fidelity National Title
Retnasingam Gengatharan -- Accommodation
Reinasingam Gengatharan $270,000 First Southwestern Title Co
Bozzani Emery C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nersisyan Samvel $636,000
Previous Owner Gengatharan Ratnavathany $612,026
Previous Owner Reinasingam Gengatharan $242,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2017 02/27/17 Sold $880,000 -1.0% $479 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/15/2016 12/15/16 For Sale $889,000 -- $484 / 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 $16,067 $1,466,564 $910,261 $556,303
2024 $16,067 $1,437,809 $892,413 $545,396
2023 $15,142 $1,344,108 $874,915 $469,193
2022 $14,453 $1,317,754 $857,760 $459,994
2021 $14,397 $1,291,917 $840,942 $450,975
2019 $11,613 $1,053,660 $816,000 $237,660
2018 $10,059 $897,600 $718,080 $179,520
2016 $4,199 $371,457 $259,474 $111,983
2015 $4,115 $365,878 $255,577 $110,301
2014 $4,111 $358,712 $250,571 $108,141
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Fogg

    Keller Williams Realty World Media Center

  • J

    Buyer's Agent in 2017

    Jack Kerimian

    Jack Kerimian, Real Estate Broker

    (818) 802-8052

    Jack Kerimian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16763740

California Regional Multiple Listing Service (CRMLS)

APN: 2470-010-015

California Los Angeles County Burbank 91501 Hillside District

1051 E Walnut Ave, Burbank, CA

Not Listed for Sale

Detached

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