NOT LISTED FOR SALE

1101 W Clark Ave Burbank, CA 91506

Chandler Park Neighborhood

Estimated Value: $1,303,000 - $1,570,308

7 Beds
3 Baths
2,448 Sq Ft
$603/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $825,000 $337 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,768/month

18 Days on Market

Highlights

  • Sound Studio
  • View of Trees or Woods
  • Living Room with Fireplace
  • Walt Disney Elementary School Rated A
  • Craftsman Architecture
  • 3-minute walk to George Izay Park

About This Home

As of April 2017

2,448 sq.ft. of living space, 7 bedroom, 3 bath Craftsman style home with a 500sf music sound studio in prime Burbank! This character home is ideal for a growing family with children-across the st from George Izay Park & Burbank City Stadium, two doors down from Walt Disney School - K-5th (ranked 4 out of 5 from Great Schools), someone in the music or video business, or just about anyone that needs a large space. W/ 3 bedrooms downstairs and 4 upstairs, & a huge living room and kitchen, and large backyard with potentially eight car parking. Hardwood floors throughout, Craftsman wood character detail, zoned R3-the house can be divided into two units allowed by the City of Burbank. A third unit would require a conditional use permit, approved by planning and council. This is a great house and opportunity w/tremendous possibilities in one of the most sought after areas of Burbank. LOWEST PSF IN AREA

Last Agent to Sell the Property

Douglas Steinriede

Dover Management Corp. License #00284936 Listed on: 01/30/2017

Last Buyer's Agent

Myles Meeden

License #01428311

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 8,321 Sq Ft Lot
  • Property is zoned BUR3*

Parking

  • Detached Carport Space

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Sound Studio
  • Wood Flooring
  • Views of Woods
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2446-007-006

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

8,321 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Advertising Remarks: 2,448 sq.ft. of living space, 7 bedroom, 3 bath Craftsman style home with a 500sf music sound studio in prime Burbank! This character home is ideal for a growing family with children-across the st from George Izay Park & Burbank City Stadium, two doors down from Walt Disney School - K-5th (ranked 4 out of 5 from Great Schools), someone in the music or video business, or just about anyone that needs a large space. W/ 3 bedrooms downstairs and 4 upstairs, & a huge living room and kitchen, and large backyard with potentially eight car parking. Hardwood floors throughout, Craftsman wood character detail, zoned R3-the house can be divided into two units allowed by the City of Burbank. A third unit would require a conditional use permit, approved by planning and council. This is a great house and opportunity w/tremendous possibilities in one of the most sought after areas of Burbank. LOWEST PSF IN AREA
  • Living Area: 2448
  • Stories: 2
  • Year Built: 1924
  • Builders Tract Name: Hillbish
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 7
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Kitchen
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 314.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Detached

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2446-007-006
  • Geocode Override: No
  • Lot Size Area: 8321

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
Mar 8, 2017
Sold by
The Sutton Family Partnership
Bought by
Meeden Myles and The Meeden Revocable Trust
Seller's Agent
Douglas Steinriede
Dover Management Corp.
Buyer's Agent
Myles Meeden
List Price
$771,000
Sold Price
$825,000
Premium/Discount to List
$54,000
7%
Current Estimated Value
$1,475,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,577
Avg. Annual Appreciation
6.70%
Original Mortgage
$450,000
Outstanding Balance
$373,060
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,102,517

Purchase Details

Listed on
Jun 15, 2015
Closed on
Nov 6, 2015
Sold by
Mitchell Randy R
Bought by
Sutton Family Partnership
Seller's Agent
Ben Zelinsky
Coldwell Banker Envision
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$910,000
Sold Price
$850,000
Premium/Discount to List
-$60,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.25%

Purchase Details

Closed on
Jul 14, 1997
Sold by
2974 Properties Inc
Bought by
Mitchell Randy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,050
Interest Rate
7.57%
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
Meeden Myles $825,000 Chicago Title Company
Sutton Family Partnership $850,000 Fidelity Sherman Oaks
Mitchell Randy R $220,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meeden Myles $450,000
Previous Owner Mitchell Randy R $208,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2017 04/10/17 Sold $825,000 +7.0% $337 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $771,000 -9.3% $315 / Sq Ft
12/18/2015 12/18/15 Sold $850,000 -6.6% $347 / Sq Ft View Prior Sale
11/04/2015 11/04/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $910,000 -- $372 / Sq Ft
Source: The MLS

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 $10,611 $957,480 $765,985 $191,495
2024 $10,611 $938,707 $750,966 $187,741
2023 $10,498 $920,302 $736,242 $184,060
2022 $10,025 $902,257 $721,806 $180,451
2021 $9,980 $884,566 $707,653 $176,913
2019 $9,578 $858,330 $686,664 $171,666
2018 $9,397 $841,500 $673,200 $168,300
2016 $9,440 $850,000 $649,100 $200,900
2015 $3,264 $292,272 $176,561 $115,711
2014 $3,262 $286,548 $173,103 $113,445
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Douglas Steinriede

    Dover Management Corp.

    (323) 899-5588

    5 Total Sales

    Douglas Steinriede
    Section Image

  • M

    Buyer's Agent in 2017

    Myles Meeden

  • B

    Seller's Agent in 2015

    Ben Zelinsky

    Coldwell Banker Envision

    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jesse Byers

    Coldwell Banker Envision

  • O

    Buyer's Agent in 2015

    Out Of Area Southland

    SOUTHLAND

See All Agents

Map

Source: The MLS

MLS Number: 17-197820

The MLS

APN: 2446-007-006

California Los Angeles County Burbank 91506 Chandler Park

1101 W Clark Ave, Burbank, CA

Not Listed for Sale

Detached

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