NOT LISTED FOR SALE

1071 E Olive Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,897,165 - $2,351,000

4 Beds
3 Baths
2,864 Sq Ft
$742/Sq Ft Est. Value

Last Sold March 05, 2013

Last sale price $840,000 $293 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $12,593/month

15 Days on Market

Highlights

  • Two Primary Bedrooms
  • Custom Home
  • Wood Flooring
  • Ralph Emerson Elementary School Rated A-
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of March 2013

Custom Hillside Home … This tremendous property features 4 bedrooms (with 2 Master Bedroom Suites - 1 upstairs & 1 downstairs); 3 bathrooms; living room & den w/vaulted beamed ceilings and double sided floor to ceiling brick fireplace; formal dining room w/built-in china cabinets; large gourmet kitchen w/center island and high end appliances including large subzero refrigerator/freezer; breakfast room w/built-in cabinets overlooking lush backyard w/paving stone patio; wide hallway w/skylight and large oak cabinets; double attached garage w/direct access to house; central air & heat; much more! Probate Sale. Built in 1993; approx. 2,864 square feet.

Last Agent to Sell the Property

Graham Matthews

Telegram Realty License #00882121 Listed on: 10/26/2012

Last Buyer's Agent

Brad Korb

Re/Max in Action License #01160663

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,499

Year Built

  • Built in 1993

Lot Details

  • 8,081 Sq Ft Lot
  • Southeast Facing Home
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Custom Home
  • Split Level Home
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,864 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Sliding Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2530
  • Assessor Parcel Number 2456020007

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,499

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2456020007
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2864.00
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s)
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Den, Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 293.30
  • Room Type: Attic, Den, Dressing Area, Formal Entry, Main Floor Master Bedroom, Walk-In Closet, Two Masters
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Burbank Unified

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 8081.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8081.0000 Square Feet

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 2530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2015
Sold by
Murphy Sandra
Bought by
Murphy Sandra and Sandra Murphy Revocable Trust
Current Estimated Value
$2,125,041

Purchase Details

Closed on
Apr 22, 2015
Sold by
Murphy Patrick
Bought by
Murphy Sandra

Purchase Details

Listed on
Oct 26, 2012
Closed on
Feb 11, 2013
Sold by
The Estate Of Pearl Friedman
Bought by
Murphy Patrick and Murphy Sandra
Seller's Agent
Graham Matthews
Telegram Realty
Buyer's Agent
Brad Korb
Re/Max in Action
List Price
$799,900
Sold Price
$840,000
Premium/Discount to List
$40,100
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$500,000
Outstanding Balance
$350,846
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$1,774,195
Source: Public Records

Range of Values:

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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
Murphy Sandra -- None Available
Murphy Sandra -- None Available
Murphy Patrick $840,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Patrick $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2013 03/05/13 Sold $840,000 -4.8% $293 / Sq Ft
12/06/2012 12/06/12 Price Changed $882,500 +10.3% $308 / Sq Ft
11/10/2012 11/10/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $799,900 -- $279 / 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 $11,499 $1,034,387 $554,383 $480,004
2024 $11,499 $1,014,106 $543,513 $470,593
2023 $11,378 $994,222 $532,856 $461,366
2022 $10,865 $974,728 $522,408 $452,320
2021 $10,816 $955,616 $512,165 $443,451
2019 $10,381 $927,274 $496,975 $430,299
2018 $10,239 $909,093 $487,231 $421,862
2016 $9,714 $873,794 $468,312 $405,482
2015 $9,517 $860,670 $461,278 $399,392
2014 -- $843,812 $452,243 $391,569
Source: Public Records

Agents Affiliated with this Home

  • Graham Matthews

    Seller's Agent in 2013

    Graham Matthews

    Telegram Realty

    (818) 846-6500

    5 in this area

    18 Total Sales

    Section Image

  • B

    Buyer's Agent in 2013

    Brad Korb

    RE/MAX

  • Courtney Korb

    Buyer Co-Listing Agent in 2013

    Courtney Korb

    Brad Korb Real Estate Group

    (818) 526-0675

    9 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB12133414

California Regional Multiple Listing Service (CRMLS)

APN: 2456-020-007

California Los Angeles County Burbank 91501 Hillside District

1071 E Olive Ave, Burbank, CA

This home is located at 1071 E Olive Ave, Burbank, CA 91501 since 26 October 2012 and is currently estimated at $2,125,041, approximately $741 per square foot. This property was built in 1993. 1071 E Olive 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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