NOT LISTED FOR SALE

1067 E Palm Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,070,000 - $1,208,000

2 Beds
1 Bath
864 Sq Ft
$1,328/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $1,000,000 $1,157 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,866/month

Highlights

  • Golf Course Community
  • No HOA
  • Hiking Trails
  • Ralph Emerson Elementary School Rated A-
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2023

Luxury Live Auction! Bidding to start at $750,000. 8,200 s.f. lot with alley behind. Offer was accepted before submission to MLS. Auction has been cancelled.

Last Agent to Sell the Property

James Casey

Harcourts Cornerstone Realty Group Brokerage Phone: 818-641-9050 License #01380677 Listed on: 10/19/2023

Harcourts Cornerstone Realty Group

Last Buyer's Agent

James Casey

Harcourts Cornerstone Realty Group Brokerage Phone: 818-641-9050 License #01380677 Listed on: 10/19/2023

Harcourts Cornerstone Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 8,212 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Tear Down
  • Property is zoned BUR1*

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 9 / 77
  • Tax Tract Number 2530
  • Assessor Parcel Number 2456012004
  • $156 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2456012004
  • Year Built: 1926
  • Special Features: Auction

Interior Features

  • Fireplace: Yes
  • Living Area: 864.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1157.41
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Golf, Hiking, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot, Tear Down
  • Lot Size Sq Ft: 8212.00
  • Lot Size Acres: 0.1885

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8212.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 77
  • Tax Census Tract: 3102.01
  • Tax Lot: 9
  • Tax Tract Number: 2530
  • TaxOtherAnnualAssessmentAmount: 156.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Bagumyan Arno
Bought by
Sunset On Palm Llc
Current Estimated Value
$1,147,099

Purchase Details

Listed on
Oct 19, 2023
Closed on
Oct 31, 2023
Sold by
Dilanchyan Adrine
Bought by
Bagumyan Arno
Seller's Agent
James Casey
Harcourts Cornerstone Realty Group
Buyer's Agent
James Casey
Harcourts Cornerstone Realty Group
List Price
$750,000
Sold Price
$1,000,000
Premium/Discount to List
$250,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$800,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2023
Closed on
Oct 12, 2023
Sold by
Currie Brian
Bought by
Bagumyan Arno
Seller's Agent
James Casey
Harcourts Cornerstone Realty Group
Buyer's Agent
James Casey
Harcourts Cornerstone Realty Group
List Price
$750,000
Sold Price
$1,000,000
Premium/Discount to List
$250,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2023
Sold by
Currie Family Trust
Bought by
Currie Brian

Purchase Details

Closed on
Jul 15, 2011
Sold by
Currie William and Currie Louane
Bought by
Currie William and Currie Louane
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
Sunset On Palm Llc -- None Listed On Document
Bagumyan Arno -- Chicago Title Company
Bagumyan Arno $1,000,000 Chicago Title Company
Currie Brian -- None Listed On Document
Currie Family Trust -- None Listed On Document
Currie William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bagumyan Arno $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2023 11/14/23 Sold $1,000,000 +33.3% $1,157 / Sq Ft
10/19/2023 10/19/23 For Sale $750,000 -- $868 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
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 $11,137 $1,020,000 $965,940 $54,060
2024 $11,137 $1,000,000 $947,000 $53,000
2023 $756 $53,664 $36,491 $17,173
2022 $723 $52,613 $35,776 $16,837
2021 $715 $51,582 $35,075 $16,507
2019 $689 $50,054 $34,036 $16,018
2018 $658 $49,073 $33,369 $15,704
2016 $615 $47,170 $32,074 $15,096
2015 $605 $46,463 $31,593 $14,870
2014 $615 $45,554 $30,975 $14,579
Source: Public Records

Agents Affiliated with this Home

  • James Casey

    Seller's Agent in 2023

    James Casey

    Harcourts Cornerstone Realty Group

    (818) 641-9050

    7 in this area

    25 Total Sales

    James Casey
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23195448

California Regional Multiple Listing Service (CRMLS)

APN: 2456-012-004

California Los Angeles County Burbank 91501 Hillside District

1067 E Palm Ave, Burbank, CA

Not Listed for Sale

Detached

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