NOT LISTED FOR SALE

1077 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,915,996 - $2,110,000

4 Beds
3 Baths
2,500 Sq Ft
$814/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $1,825,000 $730 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,393/month

Highlights

  • In Ground Pool
  • View of Hills
  • Traditional Architecture
  • Ralph Emerson Elementary School Rated A-
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of March 2022

Sold before processing. Added to MLS for comp purposes only.

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 03/11/2022

Compass

Co-Listed By

Kristin Neithercut

Compass License #02003278

Last Buyer's Agent

Hakop Arakelyan

License #02108658

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 8,039 Sq Ft Lot
  • Lot Dimensions are 50x153
  • Property is zoned BUR1*

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Views of Hills
  • Alarm System
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2456-005-022

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2500
  • Lot Acreage: 0.1846
  • Lot Dimensions: 50x153
  • Stories: 1
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood, Carpet
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Microwave, Refrigerator
  • Price Per S Q F T: 730.00

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2456-005-022
  • Lot Size Area: 8039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 1, 2022
Sold by
Lehman and Alison
Bought by
Yerkanyan Karo
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Hakop Arakelyan
List Price
$1,825,000
Sold Price
$1,825,000
Current Estimated Value
$2,034,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,249
Avg. Annual Appreciation
2.88%
Original Mortgage
$1,460,000
Outstanding Balance
$1,364,111
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$670,138

Purchase Details

Listed on
Jan 7, 2013
Closed on
Jan 18, 2013
Sold by
Mccormick Mark
Bought by
Lehman Christopher and Lehman Alison
Seller's Agent
Cathy Stevens
Real Value Properties
Buyer's Agent
Craig Strong
No Firm Affiliation
List Price
$889,000
Sold Price
$780,000
Premium/Discount to List
-$109,000
-12.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$742,520
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2002
Sold by
Martins Marcelia I
Bought by
Mccormick Mark and Mccormick Xiao R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.17%

Purchase Details

Closed on
Dec 5, 2000
Sold by
Collister Cordelia J
Bought by
Martins Marcelia I

Purchase Details

Closed on
Sep 21, 2000
Sold by
Lee Sei J
Bought by
Collister Cordelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
7.89%
Mortgage Type
Stand Alone First
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
Yerkanyan Karo $1,825,000 Ticor Title
Lehman Christopher $780,000 Fidelity Van Nuys
Mccormick Mark $565,000 First American Title Co
Martins Marcelia I -- Investors Title Company
Martins Marcelia I -- --
Collister Cordelia $475,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yerkanyan Karo $1,460,000
Previous Owner Lehman Christopher $742,520
Previous Owner Mccormick Mark $300,700
Previous Owner Collister Cordelia $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $1,825,000 0.0% $730 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,825,000 +134.0% $730 / Sq Ft
02/28/2013 02/28/13 Sold $780,000 -12.3% $312 / Sq Ft View Prior Sale
01/13/2013 01/13/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $889,000 -- $356 / Sq Ft
Source: The MLS

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 $21,197 $1,936,702 $1,211,792 $724,910
2024 $21,197 $1,898,729 $1,188,032 $710,697
2023 $20,970 $1,861,500 $1,164,738 $696,762
2022 $10,028 $905,102 $520,434 $384,668
2021 $9,982 $887,356 $510,230 $377,126
2019 $9,579 $861,040 $495,098 $365,942
2018 $9,425 $844,158 $485,391 $358,767
2016 $8,941 $811,381 $466,544 $344,837
2015 $8,759 $799,195 $459,537 $339,658
2014 $8,733 $783,541 $450,536 $333,005
Source: Public Records

Agents Affiliated with this Home

  • Craig Strong

    Seller's Agent in 2022

    Craig Strong

    Compass

    (818) 987-9700

    12 in this area

    302 Total Sales

    Craig Strong
    Section Image
  • Kristin Neithercut

    Seller Co-Listing Agent in 2022

    Kristin Neithercut

    Compass

    (508) 826-7127

    13 in this area

    184 Total Sales

    Kristin Neithercut
    Section Image

  • H

    Buyer's Agent in 2022

    Hakop Arakelyan

  • Cathy Stevens

    Seller's Agent in 2013

    Cathy Stevens

    Real Value Properties

    (818) 209-4023

    4 in this area

    22 Total Sales

    Cathy Stevens
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-135759

The MLS

APN: 2456-005-022

California Los Angeles County Burbank 91501 Hillside District

1077 E Magnolia Blvd, Burbank, CA

Not Listed for Sale

Detached

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