NOT LISTED FOR SALE

1151 E Elmwood Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $3,118,000 - $3,210,000

6 Beds
5.5 Baths
5,458 Sq Ft
$579/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $1,800,000 $330 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $18,361/month

134 Days on Market

Highlights

  • Mountain View
  • Main Floor Bedroom
  • Fireplace
  • Joaquin Miller Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of December 2018

A true triumph of style and elegance! Mediterranean inspired this 6 bed/5 ½bath dream home is located in the prestigious neighborhood of Burbank Hills. Wide open entry with gorgeous columns and double pane iron doors, spacious kitchen with custom cabinets and high-end appliances. Main living space features high ceilings with elaborate custom moldings, recessed lighting and first floor master bedroom. Gracefully designed staircase with iron railings takes you to second level offering 5 bedrooms with excellent accommodations with great views of neighborhood and mountains. This enchanting home comes with 3 fire places and a 4-car garage.

Last Agent to Sell the Property

Gayane Vahanyan

Equity Union License #02004276 Listed on: 03/26/2018

Equity Union

Last Buyer's Agent

Gayane Vahanyan

Equity Union License #02004276 Listed on: 03/26/2018

Equity Union

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.31 Acre Lot
  • Back and Front Yard
  • Property is zoned BUR1YY

Parking

  • 4 Car Garage

Interior Spaces

  • 5,458 Sq Ft Home
  • Fireplace
  • Entryway
  • Family Room
  • Living Room
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Additional Features

  • Urban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 3545
  • Assessor Parcel Number 5608034013

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5608034013
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5458.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 329.79
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 13708.00
  • Lot Size Acres: 0.3147

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13708.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3101.00
  • Tax Lot: 44
  • Tax Tract Number: 3545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2021
Sold by
Naira Kostandyan Trust
Bought by
Naira Kostandyan Trust and Kostandyan
Current Estimated Value
$3,160,326

Purchase Details

Closed on
Apr 18, 2019
Sold by
Kostandyan Naira
Bought by
The Naira Kostandyan Trust

Purchase Details

Listed on
Mar 26, 2018
Closed on
Nov 27, 2018
Sold by
Filart Marcel
Bought by
Kostandyan Naira
Seller's Agent
Gayane Vahanyan
Equity Union
Buyer's Agent
Gayane Vahanyan
Equity Union
List Price
$1,399,000
Sold Price
$1,800,000
Premium/Discount to List
$401,000
28.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$1,260,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2018
Sold by
Muradyan Armen and Hakopyan Melania R
Bought by
Kostandyan Naira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Naira Kostandyan Trust -- First American Title Company O
The Naira Kostandyan Trust -- None Available
Kostandyan Naira -- Priority Title
Kostandyan Naira $1,800,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kostandyan Naira $1,260,000
Previous Owner Kostandyan Naira $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $1,800,000 +28.7% $330 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $1,399,000 -- $256 / 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 $22,220 $2,007,930 $1,003,965 $1,003,965
2024 $22,220 $1,968,560 $984,280 $984,280
2023 $21,985 $1,929,962 $964,981 $964,981
2022 $20,993 $1,892,120 $946,060 $946,060
2021 $20,899 $1,855,020 $927,510 $927,510
2020 $20,669 $1,836,000 $918,000 $918,000
2019 $20,055 $1,800,000 $900,000 $900,000
2018 $16,824 $1,491,334 $620,083 $871,251
2016 $15,954 $1,433,425 $596,005 $837,420
2015 $15,631 $1,411,895 $587,053 $824,842
2014 $15,582 $1,384,239 $575,554 $808,685
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gayane Vahanyan

    Equity Union

    (818) 636-7905

    1 in this area

    17 Total Sales

    Gayane Vahanyan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18068987

California Regional Multiple Listing Service (CRMLS)

APN: 5608-034-013

California Los Angeles County Burbank 91501 Hillside District

1151 E Elmwood Ave, Burbank, CA

Not Listed for Sale

Detached

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