NOT LISTED FOR SALE

Estimated Value: $1,068,000 - $1,277,000

2 Beds
2 Baths
1,297 Sq Ft
$872/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $625,000 $482 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,612/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Neighborhood Views
  • Thomas Jefferson Elementary School Rated A
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2015

Delightful Duplex On 3rd Street In Burbank With Updates. Both Units are 1BD 1BA with Separate Electric and Gas Meters, Remodeled Bathrooms with Upgraded Plumbing and Electrical. Two 1 Car Detached Garages with Alley Access and Gated Grassy Yards. Both units include living rooms, dining areas, inside laundry area, updated kitchen and bathrooms. Unit 1116 with, fresh interior paint, new African Rosewood Laminate Flooring and New Electric Fireplace. Kitchen With Updated Plumbing, Crisp White Cabinetry, Tile Counters and New Stylish Hardware and Fixtures. Unit 1116 1/2 with open friendly floor plan, light laminate flooring, coat closet, beautifully remodeled bathroom with stylish fixtures. Great Shopping and Fine Dining Around The Corner In The Downtown Burbank Village District. Opportunity Is Knocking!

Last Agent to Sell the Property

David Fogg

Keller Williams Realty World Media Center License #01149065 Listed on: 05/23/2015

Last Buyer's Agent

Annie Akopyan

Coldwell Banker Hallmark Realty License #01203620

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 4,771 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Cross Fenced
  • Block Wall Fence
  • Sprinkler System
  • Private Yard
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,297 Sq Ft Home
  • Ceiling Fan
  • Electric Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 4771
  • Tax Tract Number 3548
  • Assessor Parcel Number 2460004012

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $100
  • Water Sewer Expense $1,000
  • New Taxes Expense $7,362
  • Gross Income $2,640

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: BUR4*
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 2460004012
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Copper Plumbing Partial, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Fireplace Features: Electric, Living Room
  • Levels: One
  • Price Per Square Foot: 481.88
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Fencing: Block, Cross Fenced
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Assigned, Garage, On Site, Private, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre, Sprinkler System, Yard
  • Lot Size Sq Ft: 4771.00
  • Price Per Lot Square Foot: 131.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2640.00
  • Gross Scheduled Income: 32880.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4771.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7362.00
  • Tax Lot: 4771
  • Tax Tract Number: 3548
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2019
Sold by
Khachatryan Rimma
Bought by
Khachatryan Rimma and The Mailyan And Khachatryan Fa
Current Estimated Value
$1,131,410

Purchase Details

Listed on
May 23, 2015
Closed on
Jun 5, 2015
Sold by
Mailyan Saro
Bought by
Khachatryan Rimma
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Annie Akopyan
Coldwell Banker Hallmark Realty
List Price
$629,000
Sold Price
$625,000
Premium/Discount to List
-$4,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$471,750
Outstanding Balance
$366,164
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$765,246

Purchase Details

Listed on
May 23, 2015
Closed on
Jun 1, 2015
Sold by
Wilson Barbara E
Bought by
Khachatryan Rimma
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Annie Akopyan
Coldwell Banker Hallmark Realty
List Price
$629,000
Sold Price
$625,000
Premium/Discount to List
-$4,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,750
Outstanding Balance
$366,164
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$765,246

Purchase Details

Closed on
Jan 10, 2006
Sold by
Wilson Barbara
Bought by
Wilson Barbara E and Barbara E Wilson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2005
Sold by
Wilson Barbara
Bought by
Wilson Barbara E and The Barbara E Wilson Living Trust

Purchase Details

Closed on
Nov 4, 2004
Sold by
Miller Lawrence I
Bought by
Wilson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2004
Sold by
Miller Lawrence I
Bought by
Miller Lawrence I and The Lawrence I Miller Trust

Purchase Details

Closed on
May 24, 2000
Sold by
Bengal Eleanor L
Bought by
Miller Lawrence Irvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
8.87%

Purchase Details

Closed on
Jul 27, 1998
Sold by
Bengal Eleanor L
Bought by
Bengal Eleanor L

Purchase Details

Closed on
Jan 5, 1998
Sold by
Bengal Eleanor L
Bought by
Bengal Eleanor L

Purchase Details

Closed on
Dec 22, 1997
Sold by
Bengal Eleanor L
Bought by
Bengal Eleanor L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khachatryan Rimma -- None Available
Khachatryan Rimma -- Lawyers Title
Khachatryan Rimma $629,000 Lawyers Title
Wilson Barbara E -- None Available
Wilson Barbara -- New Century Title Company
Wilson Barbara E -- --
Wilson Barbara $510,000 Lawyers Title
Miller Lawrence I -- --
Miller Lawrence Irvin $217,000 Commonwealth Land Title Co
Bengal Eleanor L -- --
Bengal Eleanor L -- --
Bengal Eleanor L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khachatryan Rimma $471,750
Previous Owner Wilson Barbara $462,000
Previous Owner Wilson Barbara $408,000
Previous Owner Miller Lawrence Irvin $195,300
Closed Wilson Barbara $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2015 07/06/15 Sold $625,000 -0.6% $482 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $629,000 -- $485 / 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 $8,213 $744,602 $448,655 $295,947
2024 $8,213 $730,003 $439,858 $290,145
2023 $8,126 $715,690 $431,234 $284,456
2022 $7,756 $701,658 $422,779 $278,879
2021 $7,727 $687,901 $414,490 $273,411
2019 $7,415 $667,499 $402,197 $265,302
2018 $7,335 $654,411 $394,311 $260,100
2016 $6,968 $629,000 $379,000 $250,000
2015 $6,522 $591,495 $463,920 $127,575
2014 $6,510 $579,909 $454,833 $125,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15078227

California Regional Multiple Listing Service (CRMLS)

APN: 2460-004-012