NOT LISTED FOR SALE

1077 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,984,544 - $2,253,000

4 Beds
3 Baths
2,500 Sq Ft
$852/Sq Ft Est. Value

Last Sold March 11, 2022

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

Est. 17% increase in value since last sale

Current estimated payment $13,690/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

Est. Annual Taxes

  • $21,197

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

Est. Annual Taxes

$21,197

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
  • Number Of Photos: 2
  • 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
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • 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
Total Days on Market
0
Current Estimated Value
$2,130,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,136
Avg. Annual Appreciation
4.92%
Original Mortgage
$1,460,000
Outstanding Balance
$1,376,227
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$753,909

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

Similar Homes in Burbank, CA

  • 536 Groton Dr, Burbank, CA 91504

    $2,150,000

    • 5 Beds
    • 4 Baths
    • 2,884 Sq Ft
    • 536 Groton Dr
    • Burbank, CA

    This upgraded Burbank home blends comfort, style, and function on a generous 75 by 148-foot sweeping corner lot. The main house offers four bedrooms, including a versatile fourth bedroom currently used as an office, easily adaptable to your needs. Hardwood floors run throughout, complemented by central heat and air, two gas fireplaces, including a striking double-sided fireplace between the

    Cameron Hunter Media West Realty,Inc.

    Section Image
  • 1079 E San Jose Ave, Burbank, CA 91501

    $2,495,000

    • 4 Beds
    • 3.5 Baths
    • 3,094 Sq Ft
    • 1079 E San Jose Ave
    • Burbank, CA

    Welcome to a rare and extraordinary offering in Burbank’s highly sought-after Hillside neighborhood—a masterfully reimagined single-story residence with a stunning detached ADU, designed to embody the very best of modern California living. Thoughtfully renovated with exceptional craftsmanship, this 3-bedroom, 3-bathroom main home showcases a seamless indoor-outdoor lifestyle. Step inside to an

    Eric Benz Real Brokerage Technologies

    Section Image
  • 721 N Bel Aire Dr, Burbank, CA 91501

    $1,753,000

    • 4 Beds
    • 3 Baths
    • 2,276 Sq Ft
    • 721 N Bel Aire Dr
    • Burbank, CA

    Traditional Home in one of Burbank’s Most Prestigious Neighborhoods – the often photographed Palm Tree section of Bel Aire Drive. The property is now available for tours and is tenant free. Nestled in one of Burbank’s most exclusive and highly sought-after neighborhoods, this spacious traditional home is making a return to the market and this time with no delay in possession at COE. Situated on

    Thomas Masterani Engel & Völkers Burbank

    Section Image
  • 1218 E Tujunga Ave, Burbank, CA 91501

    $2,285,000

    • 4 Beds
    • 3.5 Baths
    • 3,686 Sq Ft
    • 1218 E Tujunga Ave
    • Burbank, CA

    Welcome to this beautiful, multi level contemporary view home nestled in desirable Burbank Hills with breathtaking, panoramic views and stunning light throughout the day. Functional floor plan provides spacious living spaces, privacy and tranquility. Sunbathed open floor plan welcomes you to an elegant living room with polished marble floors and fireplace and formal dining room. Expansive

    Maya Gulbekova Re/Max Tri-City Realty

    Section Image
  • 902 E Walnut Ave, Burbank, CA 91501

    $2,599,000

    • 4 Beds
    • 3.5 Baths
    • 2,356 Sq Ft
    • 902 E Walnut Ave
    • Burbank, CA

    Location! Location! Location. Exceptional Burbank Living! Situated in the heart of the highly sought after city of Burbank, above Kenneth Rd, this beautifully remodeled 4-bedroom, 3.5-bathroom home seamlessly blends modern luxury with everyday comfort. Natural light pours into every room, highlighting the bright and open layout that creates an inviting atmosphere throughout. The interior features

    Naira Valian Remax Optima

    Section Image
  • 850 Country Club Dr, Burbank, CA 91501

    $1,695,000

    • 4 Beds
    • 4 Baths
    • 2,700 Sq Ft
    • 850 Country Club Dr
    • Burbank, CA

    An Inspired Hillside Sanctuary Just Minutes from Burbank's Creative CorePerched in the tranquil Verdugo Mountains above Burbank, this luminous 4-bedroom, 4-bath post-and-beam retreat invites you into 2,700 sq. ft. of thoughtfully designed space that feels more like a treehouse studio than a traditional home. Bathed in natural light from skylights and soaring 20-foot ceilings, this architectural

    Grace Fogg Miranda Keller Williams Realty World Media Center

    Section Image
  • 521 S Via Montana, Burbank, CA 91501

    $1,999,000

    • 4 Beds
    • 3 Baths
    • 3,850 Sq Ft
    • 521 S Via Montana
    • Burbank, CA

    This exquisite custom-built residence, nestled at the end of a tranquil cul-de-sac in the prestigious Hillside District of Burbank, the beautifully updated residence built in 1988 with 3,850 square feet of living space on a generous 7,188 square foot lot. This stunning home welcomes you with an abundance of natural light as you step into the main living level. The large formal living room

    Sara Antablian Coldwell Banker Hallmark

    Section Image
  • 942 University Ave, Burbank, CA 91504

    $1,799,999

    • 4 Beds
    • 3 Baths
    • 2,585 Sq Ft
    • 942 University Ave
    • Burbank, CA

    Located on a quiet, tree-lined street north of Kenneth Blvd, this classic 4-bedroom and 3-bathroom home blends style, comfort, and potential. Situated in the desirable Jefferson School District, the home features great curb appeal with a brick walkway leading to a thoughtfully designed interior. Inside, you'll find a welcoming atmosphere, with a formal living room and family room that both offer

    Tigran Bakalyan LA Premier Realty

    Section Image
  • 730 Amherst Dr, Burbank, CA 91504

    $1,799,900

    • 4 Beds
    • 3 Baths
    • 1,958 Sq Ft
    • 730 Amherst Dr
    • Burbank, CA

    The Essence of California Living in the Burbank Foothills-Welcome to 730 Amherst Drive—a beautifully upgraded property nestled in one of Burbank’s most sought-after hillside neighborhoods. This 1951 home blends timeless charm with 2025 modern comfort. In addition to the main residence, this home includes a permitted 436 sq. ft. detached ADU, offering incredible flexibility. With its own private

    Elizabeth Detrick Coldwell Banker Realty

    Section Image
See All Homes in Burbank

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Alison $822,350
Previous Owner Lehman Alison $850,000
Previous Owner Lehman Christopher $730,350
Previous Owner Lehman Christopher $625,500
Previous Owner Lehman Christopher $116,500
Previous Owner Lehman Christopher $742,520
Previous Owner Mccormick Mark $274,500
Previous Owner Mccormick Mark $500,000
Previous Owner Mccormick Mark $301,500
Previous Owner Mccormick Mark $300,700
Previous Owner Collister Cordelia $468,750
Previous Owner Lee Sie Joong $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    15 in this area

    305 Total Sales

    Craig Strong
    Section Image
  • Kristin Neithercut

    Seller Co-Listing Agent in 2022

    Kristin Neithercut

    Compass

    (508) 826-7127

    16 in this area

    191 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

    3 in this area

    20 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

This home is located at 1077 E Magnolia Blvd, Burbank, CA 91501 since 11 March 2022 and is currently estimated at $2,130,136, approximately $852 per square foot. This property was built in 1959. 1077 E Magnolia Blvd 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes