NOT LISTED FOR SALE

123 S Sparks St Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $1,219,000 - $1,420,000

4 Beds
2 Baths
1,779 Sq Ft
$759/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $1,050,000 $590 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,075/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Den
  • William McKinley Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of October 2022

PLEASE DO NOT DISTURB TENANTS. Rancho adjacent traditional 1939 home offering 4 bedrooms, 2 baths with 1,779sq. ft. is on the market for the first time in over 60 years. Well located at thecenter of the media district, this home is just blocks from The Walt DisneyStudios, and in close proximity to Nickelodeon, Warner Bros. and other popular draws such as IKEA andUCLA medical offices, while only a short stroll to many restaurants, markets, coffee houses and parks. Ready for renovation or restoration to keep the yesteryear charm, the home offers original hardwood flooring in the living room, dining area, hall and two of the bedrooms. There is an arched entry to the living room offering a brick accented fireplace and a bay window. A separate dining area and anadjacent den with original knotty pine paneling allows plenty of space for gatherings. The home has central air and heat, some newer windows with vinylshutters and a well sized kitchen with a separate laundry room leading out to thebackyard ready for landscaping but offering tasty fruit from the lemon, orange, avocado and fig trees. The garage was used as a music room for many years and the options are endless to either restore it to a two car garage, a workshop or possibly an ADU for additional income. With an excellent school district, don't miss the opportunity to give this home a new chapter. Home is being sold ''As-is''.

Last Agent to Sell the Property

Jules Ibrao

COMPASS License #01477666 Listed on: 07/31/2022

COMPASS

Co-Listed By

Diane Scalzo

COMPASS License #02036286

Last Buyer's Agent

Meghan Nyback

Equity Union License #01908533

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,041

Year Built

  • Built in 1939

Lot Details

  • 6,682 Sq Ft Lot
  • Fenced
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,779 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Schools

  • Mckinley Elementary School
  • David Starr Jordan M Middle School
  • Burroughs High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 2445016009

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,041

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2445016009
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1779.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 505.90
  • Room Type: Den, Kitchen, Living Room

Exterior Features

  • Patio: No
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • Elementary School: McKinley
  • High School: Burroughs
  • Middle Or Junior School: David Starr Jordan M
  • Elementary School #2: MCKINL
  • High School2: BURROU

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6682.00
  • Lot Size Acres: 0.1534

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6682.0000 Square Feet

Tax Info

  • Tax Lot: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2022
Closed on
Sep 16, 2022
Sold by
Emily Robert G and Emily Syphers
Bought by
Hamel Matthew L and Hamel Santy
Seller's Agent
Jules Ibrao
COMPASS
Buyer's Agent
Meghan Nyback
Equity Union
List Price
$900,000
Sold Price
$1,050,000
Premium/Discount to List
$150,000
16.67%
Current Estimated Value
$1,351,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,149
Avg. Annual Appreciation
8.56%
Original Mortgage
$840,000
Outstanding Balance
$804,030
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$547,119

Purchase Details

Closed on
Nov 28, 2018
Sold by
Syphers Robert G and Syphers Emily
Bought by
Syphers Robert G and Syphers Emily
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
Hamel Matthew L $1,050,000 Lawyers Title
Syphers Robert G -- None Available
Syphers Robert G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamel Matthew L $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $1,050,000 +16.7% $590 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $900,000 -- $506 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $12,041 $1,092,420 $728,280 $364,140
2024 $12,041 $1,071,000 $714,000 $357,000
2023 $11,913 $1,050,000 $700,000 $350,000
2022 $1,803 $141,391 $44,327 $97,064
2021 $1,786 $138,619 $43,458 $95,161
2020 $1,766 $137,199 $43,013 $94,186
2019 $1,720 $134,510 $42,170 $92,340
2018 $1,617 $131,874 $41,344 $90,530
2016 $1,517 $126,755 $39,740 $87,015
2015 $1,489 $124,852 $39,144 $85,708
2014 $1,494 $122,408 $38,378 $84,030
Source: Public Records

Agents Affiliated with this Home

  • Jules Ibrao

    Seller's Agent in 2022

    Jules Ibrao

    COMPASS

    (626) 255-8029

    1 in this area

    52 Total Sales

    Jules Ibrao
    Section Image
  • Diane Scalzo

    Seller Co-Listing Agent in 2022

    Diane Scalzo

    COMPASS

    (626) 437-5795

    1 in this area

    43 Total Sales

    Diane Scalzo
    Section Image
  • Meghan Nyback

    Buyer's Agent in 2022

    Meghan Nyback

    Equity Union

    (818) 317-9146

    1 in this area

    67 Total Sales

    Meghan Nyback
    Section Image
  • Christine Regan

    Buyer Co-Listing Agent in 2022

    Christine Regan

    Keller Williams Encino-Sherman Oaks

    (323) 333-6405

    2 in this area

    56 Total Sales

    Christine Regan
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-10721

Pasadena-Foothills Association of REALTORS®

APN: 2445-016-009

California Los Angeles County Burbank 91506 Rancho Adjacent

123 S Sparks St, Burbank, CA

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