NOT LISTED FOR SALE

1058 E Palm Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,227,000 - $1,301,000

2 Beds
1 Bath
1,062 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $843,000 $794 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,416/month

126 Days on Market

Highlights

  • No HOA
  • Foothills
  • Central Air
  • Ralph Emerson Elementary School Rated A-
  • Attic Fan
  • Back Yard

About This Home

As of July 2020

Excellent Burbank Hillside location just below Sunset Canyon. This home has 2 bedrooms, 1 bathroom with a large backyard suitable for all your events and parties! Located within the award winning Burbank Unified school district, come see how you can customize this home to make it yours!

Last Agent to Sell the Property

Narek Davoodian

Coldwell Banker Hallmark Realty License #02062440 Listed on: 03/05/2020

Coldwell Banker Hallmark Realty

Co-Listed By

Arman Vardumian

Coldwell Banker Hallmark Realty License #02062443

Last Buyer's Agent

Narek Davoodian

Coldwell Banker Hallmark Realty License #02062440 Listed on: 03/05/2020

Coldwell Banker Hallmark Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 7,816 Sq Ft Lot
  • Back Yard
  • Property is zoned BUR1YY

Parking

  • 1 Car Garage

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Brick Wall or Ceiling
  • Attic Fan

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Legal Lot and Block 14 / 76
  • Tax Tract Number 245601
  • Assessor Parcel Number 2456013008

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2456013008
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1062.00 Square Feet
  • Interior Amenities: Attic Fan, Brick Walls, Pantry
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 793.79
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7816.00
  • Lot Size Acres: 0.1794

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7816.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 76
  • Tax Census Tract: 3102.01
  • Tax Lot: 14
  • Tax Tract Number: 245601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 20, 2020
Sold by
Alek Valentina
Bought by
Ruben Hamlet
Seller's Agent
Narek Davoodian
Coldwell Banker Hallmark Realty
Buyer's Agent
Narek Davoodian
Coldwell Banker Hallmark Realty
List Price
$749,000
Sold Price
$843,000
Premium/Discount to List
$94,000
12.55%
Current Estimated Value
$1,257,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,768
Avg. Annual Appreciation
7.62%
Original Mortgage
$548,000
Outstanding Balance
$485,760
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$772,008

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 15, 2020
Sold by
Calvi Patricia R
Bought by
Ruben Hamlet
Seller's Agent
Narek Davoodian
Coldwell Banker Hallmark Realty
Buyer's Agent
Narek Davoodian
Coldwell Banker Hallmark Realty
List Price
$749,000
Sold Price
$843,000
Premium/Discount to List
$94,000
12.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$485,760
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$772,008

Purchase Details

Closed on
Jan 28, 2020
Sold by
Calvi Patricia R and Isabel P Calvi Trust
Bought by
Calvi Patricia R
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
Ruben Hamlet -- North American Title Company
Ruben Hamlet $843,000 North American Title Company
Calvi Patricia R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruben Hamlet $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2020 07/22/20 Sold $843,000 +12.6% $794 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $749,000 -11.2% $705 / Sq Ft
07/01/2020 07/01/20 Off Market $843,000 -- --
07/01/2020 07/01/20 For Sale $749,000 -11.2% $705 / Sq Ft
03/28/2020 03/28/20 Off Market $843,000 -- --
03/28/2020 03/28/20 For Sale $749,000 -11.2% $705 / Sq Ft
03/20/2020 03/20/20 Off Market $843,000 -- --
03/05/2020 03/05/20 For Sale $749,000 -- $705 / 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 $10,062 $912,487 $729,990 $182,497
2024 $10,062 $894,596 $715,677 $178,919
2023 $9,955 $877,056 $701,645 $175,411
2022 $9,504 $859,860 $687,888 $171,972
2021 $9,472 $843,000 $674,400 $168,600
2020 $847 $63,610 $38,303 $25,307
2019 $826 $62,363 $37,552 $24,811
2018 $725 $61,141 $36,816 $24,325
2016 $674 $58,770 $35,388 $23,382
2015 $661 $57,888 $34,857 $23,031
2014 $669 $56,755 $34,175 $22,580
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Narek Davoodian

    Coldwell Banker Hallmark Realty

    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Arman Vardumian

    Coldwell Banker Hallmark Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20049211

California Regional Multiple Listing Service (CRMLS)

APN: 2456-013-008

California Los Angeles County Burbank 91501 Hillside District

1058 E Palm Ave, Burbank, CA

Not Listed for Sale

Detached

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