NOT LISTED FOR SALE

1118 N Reese Place Burbank, CA 91506

Northwest District Neighborhood

Estimated Value: $1,022,722 - $1,053,000

2 Beds
1 Bath
1,016 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $655,000 $645 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,484/month

9 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Eat-In Kitchen
  • Thomas Edison Elementary School Rated A
  • 1 Car Attached Garage
  • Bathtub

About This Home

As of August 2019

This house is located in a super Burbank neighborhood on a beautiful street. It has good sized rooms and a large backyard for a future addition. With some TLC and sweat equity, this home has tremendous upside.

Last Agent to Sell the Property

Bill Toth

First Class Real Estate License #01023622 Listed on: 07/15/2019

Last Buyer's Agent

Craig Drewyer

First Class Real Estate License #01700788

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,897

Year Built

  • Built in 1942

Lot Details

  • 5,733 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR1YY

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Natural Gas Connected
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 108
  • Tax Tract Number 3805
  • Assessor Parcel Number 2438028015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,897

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: BUR1YY
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2438028015
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1016.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 644.69
  • Room Type: All Bedrooms Down, Living Room
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Kitchen
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5733.00
  • Lot Size Acres: 0.1316

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5733.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3109.00
  • Tax Lot: 108
  • Tax Tract Number: 3805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 22, 2019
Sold by
Gundrum Arlene M and Gundrum Arlene Mae
Bought by
Looper Sue
Seller's Agent
Bill Toth
First Class Real Estate
Buyer's Agent
Craig Drewyer
First Class Real Estate
List Price
$679,000
Sold Price
$655,000
Premium/Discount to List
-$24,000
-3.53%
Total Days on Market
9
Current Estimated Value
$1,037,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,931
Avg. Annual Appreciation
7.71%
Original Mortgage
$524,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2019
Closed on
Jul 25, 2019
Sold by
Looper Sue A and Gundrum Robert Joseph
Bought by
Dinh Hai Quoc Brian and Bautista Dinh Monique
Seller's Agent
Bill Toth
First Class Real Estate
Buyer's Agent
Craig Drewyer
First Class Real Estate
List Price
$679,000
Sold Price
$655,000
Premium/Discount to List
-$24,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2008
Sold by
Looper Sue
Bought by
Gundrum Robert J and Looper Sue A

Purchase Details

Closed on
Aug 28, 2000
Sold by
Gundrum Arlene M
Bought by
Gundrum Arlene M and Arlene M Gundrum Revocable Trust
Source: Public Records

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
Dinh Hai Quoc Brian $655,000 Ticor Title Company Of Ca
Looper Sue A -- Ticor Title Company Of Ca
Gundrum Robert J -- None Available
Gundrum Arlene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinh Hai Quoc Brian $510,400
Closed Dinh Hai Quoc Brian $527,000
Closed Dinh Hai Quoc Brian $524,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $655,000 -3.5% $645 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $679,000 -- $668 / 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
2024 $7,897 $702,290 $561,832 $140,458
2023 $7,813 $688,520 $550,816 $137,704
2022 $7,457 $675,020 $540,016 $135,004
2021 $7,431 $661,785 $529,428 $132,357
2019 $860 $63,450 $40,849 $22,601
2018 $803 $62,207 $40,049 $22,158
2016 $751 $59,794 $38,495 $21,299
2015 $738 $58,897 $37,917 $20,980
2014 $746 $57,745 $37,175 $20,570
Source: Public Records

Agents Affiliated with this Home

  • Bill Toth

    Seller's Agent in 2019

    Bill Toth

    First Class Real Estate

    (818) 434-2110

    2 in this area

    69 Total Sales

    Bill Toth
    Section Image

  • C

    Buyer's Agent in 2019

    Craig Drewyer

    First Class Real Estate

    (818) 569-0210

    3 in this area

    20 Total Sales

    Craig Drewyer
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19167357

California Regional Multiple Listing Service (CRMLS)

APN: 2438-028-015

California Los Angeles County Burbank 91506 Northwest District

1118 N Reese Place, Burbank, CA

This home is located at 1118 N Reese Place, Burbank, CA 91506 since 15 July 2019 and is currently estimated at $1,037,931, approximately $1,021 per square foot. This property was built in 1942. 1118 N Reese Place is a home located in Los Angeles County with nearby schools including Thomas Edison Elementary School, Luther Burbank Middle School, and John Burroughs 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

Nearby Homes