NOT LISTED FOR SALE

1060 E Walnut Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,398,540 - $1,824,000

3 Beds
2 Baths
1,659 Sq Ft
$970/Sq Ft Est. Value

Last Sold November 23, 2018

Last sale price $931,000 $561 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,238/month

15 Days on Market

Highlights

  • Detached Guest House
  • Golf Course Community
  • Mountain View
  • Ralph Emerson Elementary School Rated A-
  • Black Bottom Pool
  • Property is near a park

About This Home

As of November 2018

Warm and inviting this traditional single level home is the perfect opportunity for someone looking for an exceptionally well-priced short term (6-month) lease in beautiful Burbank. The home exudes character, including original hardwood floors, beamed ceiling, archways, fireplace and a gorgeous picture window in the living room. The spacious eat-in kitchen is bright and airy with plenty of cabinets for storage and the adjoining formal dining room is ideal for gatherings offering endless potential. Featured in this character home are three spacious bedrooms, Full bath with original custom tile, separate shower and tub and an additional ¾ bath. Private, lush, and tranquil back yard has black bottom pool. Additional amenities include: Laundry room, central air and heating, dual pane windows, 2 car garage, alley access. Walking distance to all the neighborhood has to offer: Award winning Burbank Schools, DeBell Golf Course, Starlight Bowl, Castaway Restaurant, Hiking trails, Parks, Downtown Burbank, Movie theaters, Public transportation. Property can be leased furnished or unfurnished. Furnished price per month is negotiable. All utilities included in price!

Last Agent to Sell the Property

Cathy Stevens

Real Value Properties License #01214428 Listed on: 09/25/2018

Last Buyer's Agent

Michael Nalbandian

Bridgeline, Inc. License #01945444

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,051

Year Built

  • Built in 1935

Lot Details

  • 7,935 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Gentle Sloping Lot
  • Backyard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned BUR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Brick Driveway
  • Combination Of Materials Used In The Driveway
  • Driveway Up Slope From Street

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Interior Block Wall
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,659 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Black Bottom Pool
  • In Ground Pool

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Additional Homes

  • Detached Guest House

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Emerson Elementary School
  • John Muir Middle School
  • Burbank High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 76
  • Tax Tract Number 7590
  • Assessor Parcel Number 2470012033

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community
  • Property is near a preserve or public land

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,051

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: BUR1YY
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2470012033
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1659.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Ceiling Fan(s), Copper Plumbing Full, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 561.18
  • Room Type: Formal Entry, Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House Detached
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered
  • Pool Features: Private, Black Bottom, In Ground
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Brick, Driveway - Combination, Driveway Up Slope From Street, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Golf, Mountainous, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Burbank Unified
  • Elementary School: Emerson
  • Middle School: John Muir
  • High School: Burbank
  • Elementary School: Emerson
  • High School: Burbank
  • Middle Or Junior School: John Muir
  • Elementary School #2: EMERSO
  • High School2: BURBAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Landscaped, Lawn, Lot 6500-9999, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 7935.00
  • Lot Size Acres: 0.1822

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7935.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 76
  • Tax Tract Number: 7590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Karoian Tara Ripsime
Bought by
Karoian Tara Ripsime
Current Estimated Value
$1,488,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,366
Outstanding Balance
$647,000
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$961,885

Purchase Details

Closed on
Aug 20, 2019
Sold by
Karoian Tara Ripsime
Bought by
Karoian Tara Ripsime and Karoian Family Trust

Purchase Details

Listed on
Dec 2, 2018
Closed on
Oct 18, 2018
Sold by
Shafer Janice J and The Marie L Fisher Revocable T
Bought by
Karoian Tara R
Seller's Agent
Michael Nalbandian
Bridgeline, Inc.
Buyer's Agent
Michael Nalbandian
Bridgeline, Inc.
Sold Price
$3,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$744,800
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2017
Sold by
Fisher Marie L
Bought by
Fisher Marie L and The Marie L Fisher Revocable Trust

Purchase Details

Closed on
Jul 12, 2002
Sold by
Fisher Marie L
Bought by
Fisher Marie L

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
6.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 9, 1994
Sold by
Stiny Elijah G and Moore Mary L
Bought by
Fisher Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,750
Interest Rate
8.73%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Fisher Michael R
Bought by
Fisher Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,750
Interest Rate
8.73%
Source: Public Records

Range of Values:

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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
Karoian Tara Ripsime -- Chicago Title Company
Karoian Tara Ripsime -- None Available
Karoian Tara R $931,000 Fidelity National Title Comp
Fisher Marie L -- None Available
Fisher Marie L -- Fidelity National Title Co
Fisher Marie L -- Fidelity National Title Co
Fisher Marie L $277,000 American Coast Title
Fisher Marie L -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karoian Taha Hipsime $150,000
Open Karoian Tara Ripsime $722,366
Closed Karoian Tara R $744,000
Closed Karoian Tara R $744,800
Previous Owner Fisher Marie L $390,000
Previous Owner Fisher Marie L $360,000
Previous Owner Fisher Marie L $323,000
Previous Owner Fisher Marie L $50,000
Previous Owner Fisher Marie L $270,000
Previous Owner Fisher Marie L $50,000
Previous Owner Fisher Marie L $207,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Rented $3,500 +6.1% --
12/10/2018 12/10/18 Under Contract -- -- --
12/02/2018 12/02/18 For Rent $3,300 0.0% --
11/23/2018 11/23/18 Sold $931,000 +3.8% $561 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $897,000 -- $541 / 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 $13,051 $1,187,240 $830,836 $356,404
2024 $13,051 $1,157,968 $814,546 $343,422
2023 $12,913 $1,135,264 $798,575 $336,689
2022 $10,823 $978,645 $782,917 $195,728
2021 $10,783 $959,457 $767,566 $191,891
2020 $10,666 $949,620 $759,696 $189,924
2019 $10,348 $931,000 $744,800 $186,200
2018 $4,664 $408,895 $226,888 $182,007
2016 $4,421 $393,020 $218,079 $174,941
2015 $4,332 $387,118 $214,804 $172,314
2014 $4,327 $379,536 $210,597 $168,939
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Nalbandian

    Bridgeline, Inc.

    Section Image
  • Cathy Stevens

    Seller's Agent in 2018

    Cathy Stevens

    Real Value Properties

    (818) 209-4023

    3 in this area

    20 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18230231

California Regional Multiple Listing Service (CRMLS)

APN: 2470-012-033

California Los Angeles County Burbank 91501 Hillside District

1060 E Walnut Ave, Burbank, CA

This home is located at 1060 E Walnut Ave, Burbank, CA 91501 since 25 September 2018 and is currently estimated at $1,608,885, approximately $969 per square foot. This property was built in 1935. 1060 E Walnut Ave is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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