NOT LISTED FOR SALE

Estimated Value: $1,062,000 - $1,135,000

3 Beds
1 Bath
1,240 Sq Ft
$883/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $960,000 $774 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,730/month

66 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Covered Patio or Porch
  • Thomas Edison Elementary School Rated A
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of October 2023

Welcome to 1225 N Lamer St, a charming and versatile gem nestled in the heart of Burbank. This delightful 2-bedroom residence offers the possibility of a third bedroom or a spacious game room or recreational room, and it comes with a large lot that has the perfect potential for a refreshing pool to create your dream backyard oasis. As you step inside, you'll be greeted by a comfortable atmosphere filled with natural light and cool tones. The game room/recreational room can provide endless hours of enjoyment, whether you're into games, fitness, or creative hobbies.Imagine the joy of having your own pool to beat the Burbank heat and entertain family and friends. With this spacious lot, you have the perfect canvas to design your dream backyard with a pool, creating a private oasis just steps from your back door. Don't miss out on this fantastic opportunity to make 1225 N Lamer St your forever home with the added luxury of a potential pool. With its flexible layout and prime location, it's a place where your homeownership dreams can flourish..

Last Agent to Sell the Property

Barrett Toohey

Coldwell Banker Realty License #02138178 Listed on: 08/18/2023

Coldwell Banker Realty

Co-Listed By

Kayla Toohey

Coldwell Banker Realty License #02103671

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,768

Year Built

  • Built in 1941

Lot Details

  • 6,750

Home Design

  • Raised Foundation
  • Plaster Walls
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,240 Sq Ft Home
  • Crown Molding
  • Popcorn or blown ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Living Room
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Grab Bars
  • Covered Patio or Porch
  • 6,750 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2462009004

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,768

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Disability Access: Grab Bars
  • Entry Location: Living Room
  • List Price per Sq Ft: 754.03
  • Lp Sp Ratio: 1.0300
  • Water District Name: Burbank Water and Power
  • Year Built: 1941
  • Co Listing Member Address: 121 S Palm Canyon Dr 222, Anthony Papillo, Palm Springs, CA 92262
  • Co Listing Office Address: 121 S Palm Canyon Dr 222, Anthony Papillo, Palm Springs, CA 92262
  • Listing I D: 219098825
  • Listing Member Address: 121 S Palm Canyon Dr 222, Anthony Papillo, Palm Springs, CA 92262
  • Listing Office Address: 121 S Palm Canyon Dr 222, Anthony Papillo, Palm Springs, CA 92262
  • Selling Office Address: 15260 Ventura Blvd., Suite 002, Sherman Oaks, CA 91403
  • Street Direction: N
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Gas Oven, Electric Oven, Gas Range, Electric Range, Gas Cooktop, Washer, Refrigerator, Disposal, Freezer, Electric Dryer Hookup
  • Interior Amenities: Crown Molding, Popcorn Ceilings, Plaster Walls
  • Flooring: Hardwood, Wood
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Nook
  • Kitchen Features: Ceramic Counters, Tile Counters
  • Laundry: In Garage
  • Estimated Sq Ft: 1240.00
  • Windows Treatments: Double Pane Windows, Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Composition Shingle
  • Foundation: Raised
  • Patio: Covered, Concrete Slab
  • Planned Unit Development: No

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Electric, Central Air, Ceiling Fan(s)
  • Heating: Central, Hot Water
  • Heating Fuel: Electric
  • Sewer: In Street Paid
  • Water: In Street, Water District
  • Water Heater Feature: Gas

Lot Info

  • Assessor Parcel Number: 2462009004
  • Lot Size: 6750.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 12, 2023
Sold by
Manoukian Kirakos
Bought by
Manoukian Marsel
Seller's Agent
Barrett Toohey
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$960,000
Premium/Discount to List
-$140,000
-12.73%
Current Estimated Value
$1,094,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,905
Avg. Annual Appreciation
7.24%
Original Mortgage
$440,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 27, 2023
Sold by
Young Sharon and Smith Patricia Ann
Bought by
Manoukian Marsel and Kirakossian George
Seller's Agent
Barrett Toohey
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$960,000
Premium/Discount to List
-$140,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Sokol Eva M
Bought by
Young Sharon and Smith Patricia Ann

Purchase Details

Closed on
Jan 25, 2009
Sold by
Sokol Eva M
Bought by
Sokol Eva M and Smith Patricia Ann
Source: Public Records

Range of Values:

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Average Value
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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
Manoukian Marsel -- Chicago Title
Kirakossian George -- Chicago Title
Manoukian Marsel $960,000 Chicago Title
Manoukian Marsel $960,000 Chicago Title
Young Sharon -- None Available
Sokol Eva M -- None Available
Sokol Eva M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirakossian George $440,000
Previous Owner Smith Patricia A $55,000
Previous Owner Lehman Ronald $289,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $960,000 +2.7% $774 / Sq Ft
09/15/2023 09/15/23 Price Changed $935,000 -10.9% $754 / Sq Ft
09/06/2023 09/06/23 Price Changed $1,049,000 -4.6% $846 / Sq Ft
08/18/2023 08/18/23 For Sale $1,100,000 -- $887 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $10,768 $979,200 $866,898 $112,302
2024 $10,768 $960,000 $849,900 $110,100
2023 $949 $71,816 $41,214 $30,602
2022 $909 $70,408 $40,406 $30,002
2021 $897 $69,028 $39,614 $29,414
2019 $863 $66,983 $38,440 $28,543
2018 $780 $65,671 $37,687 $27,984
2016 $724 $63,124 $36,225 $26,899
2015 $710 $62,176 $35,681 $26,495
2014 $718 $60,959 $34,983 $25,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219098825

Greater Palm Springs Multiple Listing Service

APN: 2462-009-004