Seller's Agent in 2017
Levon Alexanian
Keller Williams World Media Center
(818) 219-3366
20 Total Sales
1231 N Cordova St Burbank, CA 91505
Chandler Park NeighborhoodEstimated Value: $1,530,000 - $1,939,667
6
Beds
4
Baths
2,970
Sq Ft
$597/Sq Ft
Est. Value
About This Home
As of February 20174 units half block to Chandler Bike Path, 2 blocks to Magnolia Park shops & cafes. Updated windows, manicured landscaping, 4 car garage parking. Historically low rents, (2) 2+1 average $1,398 & (2) 1+1 $1,125. Upside in rents, ease of management, low turnover & low vacancy rental pocket of Burbank. Garages currently being rented for $570/month.
Last Agent to Sell the Property
Keller Williams World Media Center License #00911091 Listed on: 10/04/2016
Last Buyer's Agent
Shahe Seuylemezian
Remax Omega Pasadena License #01400433
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,555
Year Built
- Built in 1952
Lot Details
- 6,029 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- 2,970 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Assessor Parcel Number 2477011028
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $16,440
- Operating Expense $24,440
- Gross Income $5,355
- Net Operating Income $32,361
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 3, 2024
Sold by
Kadoyan Kris H
Bought by
Ask Rentals Llc
Current Estimated Value
Purchase Details
Closed on
May 16, 2024
Sold by
Ask Rentals Llc
Bought by
Kadoyan Kris H
Purchase Details
Closed on
Oct 27, 2017
Sold by
Kadoyan Ara D
Bought by
Ask Rentals Llc
Purchase Details
Listed on
Oct 4, 2016
Closed on
Jan 9, 2017
Sold by
Moore Daniel T
Bought by
Kadoyan Ara D and Kadoyan Suzy H
Seller's Agent
Levon Alexanian
Keller Williams World Media Center
Buyer's Agent
Shahe Seuylemezian
Remax Omega Pasadena
List Price
$1,370,000
Sold Price
$1,200,000
Premium/Discount to List
-$170,000
-12.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$900,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2004
Sold by
Christopher Herbert O
Bought by
Moore Daniel T and Sarquiz Denise J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 19, 2001
Sold by
Christopher Herbert O
Bought by
Christopher Herbert O and Christopher Vineta
Purchase Details
Closed on
Aug 31, 1998
Sold by
Christopher Herbert O
Bought by
Christopher Herbert O and The Herbert O Christopher Trust
Purchase Details
Closed on
Mar 26, 1998
Sold by
Christopher Vineta
Bought by
Christopher Herbert O
Purchase Details
Closed on
Mar 24, 1998
Sold by
Christopher Herbert O
Bought by
Christopher Herbert O
Purchase Details
Closed on
May 6, 1997
Sold by
Christopher Herbert O
Bought by
Christopher Herbert O and The Herbert O Christopher Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ask Rentals Llc | -- | None Listed On Document | |
| Kadoyan Kris H | -- | None Listed On Document | |
| Ask Rentals Llc | -- | None Available | |
| Kadoyan Ara D | $1,200,000 | Lawyers Title | |
| Moore Daniel T | $725,000 | Fidelity National Title Comp | |
| Christopher Herbert O | -- | -- | |
| Christopher Herbert O | -- | -- | |
| Christopher Herbert O | -- | -- | |
| Christopher Herbert O | -- | -- | |
| Christopher Herbert O | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kadoyan Ara D | $900,000 | |
| Previous Owner | Moore Daniel T | $543,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2017 02/10/17 | Sold | $1,200,000 | -12.4% | $404 / Sq Ft |
| 12/28/2016 12/28/16 | Pending | -- | -- | -- |
| 10/04/2016 10/04/16 | For Sale | $1,370,000 | -- | $461 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $16,555 | $1,575,900 | $630,360 | $945,540 |
| 2024 | $16,555 | $1,472,481 | $881,258 | $591,223 |
| 2023 | $16,379 | $1,443,610 | $863,979 | $579,631 |
| 2022 | $15,637 | $1,415,305 | $847,039 | $568,266 |
| 2021 | $15,575 | $1,387,555 | $830,431 | $557,124 |
| 2020 | $15,404 | $1,373,328 | $821,916 | $551,412 |
| 2019 | $14,951 | $1,248,480 | $749,088 | $499,392 |
| 2018 | $13,739 | $1,224,000 | $734,400 | $489,600 |
| 2017 | $9,836 | $870,748 | $810,702 | $60,046 |
| 2016 | $9,527 | $853,675 | $794,806 | $58,869 |
| 2015 | $9,335 | $840,853 | $782,868 | $57,985 |
| 2014 | $9,326 | $824,383 | $767,533 | $56,850 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2017
Shahe Seuylemezian
Remax Omega Pasadena
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16717720
APN: 2477-011-028
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