1218 W Olive Ave Burbank, CA 91506
Rancho Adjacent Neighborhood
Studio
--
Bath
2,902
Sq Ft
0.26
Acres Lot
About This Home
This home is located at 1218 W Olive Ave, Burbank, CA 91506. 1218 W Olive Ave is a home located in Los Angeles County with nearby schools including Walt Disney Elementary School, Dolores Huerta Middle School, and John Burroughs High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 16, 2015
Sold by
Faisal Fawaz
Bought by
Faisal Fawaz and Fawaz Faisal Trust
Purchase Details
Closed on
Sep 4, 2014
Sold by
Aljundhi Ghina
Bought by
Faisal Fawaz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$114,665
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 15, 2011
Sold by
Aljundhi Ghina
Bought by
Faisal Fawaz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$484,415
Interest Rate
5.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 3, 2011
Sold by
Kay Lay and Lay Kay Family Trust
Bought by
Faisal Fawaz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$484,415
Interest Rate
5.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 23, 2003
Sold by
Kay Lay K
Bought by
Kay Lay and Lay Kay Family Trust
Purchase Details
Closed on
Sep 20, 2001
Sold by
Kay Lay and The Lay Kay Family Trust
Bought by
Kay Lay K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 16, 1999
Sold by
Kay Lay K
Bought by
Kay Lay and Lay Kay Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faisal Fawaz | -- | None Available | |
| Faisal Fawaz | -- | Stewart Title Of Ca Inc | |
| Faisal Fawaz | -- | Stewart Title | |
| Faisal Fawaz | $1,000,010 | Stewart Title | |
| Kay Lay | -- | -- | |
| Kay Lay K | -- | Chicago Title Co | |
| Kay Lay | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faisal Fawaz | $150,000 | |
| Open | Faisal Fawaz | $700,000 | |
| Previous Owner | Faisal Fawaz | $700,000 | |
| Previous Owner | Kay Lay K | $380,000 |
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 | $14,356 | $1,281,165 | $768,700 | $512,465 |
| 2024 | $14,356 | $1,256,045 | $753,628 | $502,417 |
| 2023 | $14,206 | $1,231,417 | $738,851 | $492,566 |
| 2022 | $13,572 | $1,207,272 | $724,364 | $482,908 |
| 2021 | $13,517 | $1,183,601 | $710,161 | $473,440 |
| 2019 | $12,978 | $1,148,498 | $689,099 | $459,399 |
| 2018 | $12,713 | $1,125,980 | $675,588 | $450,392 |
| 2016 | $12,074 | $1,082,258 | $649,355 | $432,903 |
| 2015 | $11,830 | $1,066,003 | $639,602 | $426,401 |
| 2014 | $11,803 | $1,045,123 | $627,074 | $418,049 |
Source: Public Records
Map
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