1077 E Magnolia Blvd Burbank, CA 91501
Hillside District Neighborhood
4
Beds
3.5
Baths
2,500
Sq Ft
8,003
Sq Ft Lot
Highlights
- In Ground Spa
- Primary Bedroom Suite
- City Lights View
- Ralph Emerson Elementary School Rated A-
- Automatic Gate
- Contemporary Architecture
About This Home
As of March 2022Motivated Seller -Reduced $89,000!!! Updated two story 1950's architecture with large open entertainment friendly floor plan for modern livability. This fabulous oasis features 2 master suites one upstairs one downstairs plus two additional roomy bedrooms. Eat in kitchen with brand new cabinets, granite counter tops, stainless oven and dishwasher. 3 full bathrooms completely updated plus 1/2 bath off family room. Vaulted ceilings, maple hardwood floors, double sided fireplace for living room and formal dining room, Large family room leads to serene, professionally landscaped, private yard with sparking pool and spa and plenty of patio area for El Fresco dining. Two car detached garage, driveway with electric gate and room for extra parking. Located high in the tranquil Burbank Hills walking distance to DeBell Golf Course,Starlight Bowl, Hiking trails and Downtown Burbank. City and mountain views. Distinguished Burbank Schools.
Last Agent to Sell the Property
Real Value Properties License #01214428 Listed on: 01/07/2013
Last Buyer's Agent
Craig Strong
No Firm Affiliation License #01450987
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,197
Year Built
- Built in 1959
Lot Details
- 8,003 Sq Ft Lot
- Block Wall Fence
- Level Lot
- Front and Back Yard Sprinklers
- Private Yard
Parking
- 2 Car Garage
- Parking Available
- Single Garage Door
- Garage Door Opener
- Automatic Gate
Property Views
- City Lights
- Hills
Home Design
- Contemporary Architecture
- Turnkey
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 2,500 Sq Ft Home
- Recessed Lighting
- Window Screens
- Sliding Doors
- Formal Entry
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
Kitchen
- Eat-In Kitchen
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- In Ground Spa
- Private Pool
Outdoor Features
- Brick Porch or Patio
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Overhead Utilities
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 1 / 78
- Assessor Parcel Number 2456005022
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,554
Avg. Annual Appreciation
5.19%
Original Mortgage
$1,460,000
Outstanding Balance
$1,368,981
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$797,397
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
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,825,000 | Ticor Title | |
| Grant Deed | $780,000 | Fidelity Van Nuys | |
| Grant Deed | $565,000 | First American Title Co | |
| Gift Deed | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Individual Deed | $475,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,460,000 | New Conventional | |
| Previous Owner | $822,350 | New Conventional | |
| Previous Owner | $850,000 | New Conventional | |
| Previous Owner | $730,350 | New Conventional | |
| Previous Owner | $625,500 | New Conventional | |
| Previous Owner | $116,500 | Credit Line Revolving | |
| Previous Owner | $742,520 | FHA | |
| Previous Owner | $274,500 | New Conventional | |
| Previous Owner | $500,000 | Stand Alone Second | |
| Previous Owner | $301,500 | Unknown | |
| Previous Owner | $300,700 | No Value Available | |
| Previous Owner | $468,750 | Stand Alone First | |
| Previous Owner | $100,000 | Stand Alone Second |
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: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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
-
Seller's Agent in 2022
Craig Strong
Compass
(818) 987-9700
14 in this area
307 Total Sales
-
Seller Co-Listing Agent in 2022
Kristin Neithercut
Compass
(508) 826-7127
15 in this area
192 Total Sales
-
H
Buyer's Agent in 2022
Hakop Arakelyan
-
Seller's Agent in 2013
Cathy Stevens
Real Value Properties
(818) 209-4023
3 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: F12110053
APN: 2456-005-022
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