NOT LISTED FOR SALE

1237 N Cordova St Burbank, CA 91505

Chandler Park Neighborhood

Estimated Value: $1,315,000 - $2,500,000

4 Beds
3 Baths
2,085 Sq Ft
$797/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2016

Last sale price $860,000 $412 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $9,740 / mo

2 Days on Market

Highlights

  • Private Yard
  • Bret Harte Elementary School Rated A
  • 1-Story Property

About This Home

As of February 2016

Sold before processing.

Last Agent to Sell the Property

Michael Moran

No Firm Affiliation License #01762038 Listed on: 01/18/2016

Last Buyer's Agent

Michael Moran

No Firm Affiliation License #01762038 Listed on: 01/18/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 5,853 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 9761
  • Assessor Parcel Number 2477011030

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Water Sewer Expense $840
  • New Taxes Expense $9,324
  • Gross Income $4,192
  • Net Operating Income $37,527

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

5,853 Sq Ft Lot

Parking

1

Listing Details

  • CapRate: 4.36
  • Property Attached: Yes
  • Water Sewer Expenses: 840.00
  • Property Type: Residential Income
  • Parcel Number: 2477011030
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 412.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5853.00
  • Price Per Lot Square Foot: 146.93
  • Lot Size Acres: 0.1340

Multi Family

  • Gross Income: 4192.00
  • Gross Multiplier: 17.10
  • Gross Scheduled Income: 50304.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5853.0000 Square Feet
  • Net Operating Income: 37527.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12814.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9324.00
  • Tax Lot: 54
  • Tax Tract Number: 9761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 7, 2016
Sold by
Barsemian Wanes
Bought by
Barsem Realty Llc
Seller's Agent
Michael Moran
No Firm Affiliation
Buyer's Agent
Michael Moran
No Firm Affiliation
List Price
$860,000
Sold Price
$860,000
Current Estimated Value
$1,617,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,736
Avg. Annual Appreciation
6.62%
Original Mortgage
$645,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2016
Closed on
Jan 21, 2016
Sold by
Canales Sari C
Bought by
Barsemian Wanes and Kiljian Carla
Seller's Agent
Michael Moran
No Firm Affiliation
Buyer's Agent
Michael Moran
No Firm Affiliation
List Price
$860,000
Sold Price
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Ayon Aurora
Bought by
Cortez Sari N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,999
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 7, 2004
Sold by
Ayon Andrew T
Bought by
Ayon Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2002
Sold by
Ayon Andrew T
Bought by
Ayon Andrew T and Ayon Aurora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 8, 2000
Sold by
Weiand Rose M Tr Rose M Weiand Trust
Bought by
Ayon Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Barsem Realty Llc -- Accommodation
Barsemian Wanes $860,000 None Available
Canales Sari C -- None Available
Cortez Sari N $760,000 United Title Company
Ayon Aurora -- United Title Company/La
Ayon Andrew T -- Orange Coast Title
Ayon Andrew T $292,000 Old Republic Title Company
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
Previous Owner Barsemian Wanes $645,000
Previous Owner Cortez Sari N $721,999
Previous Owner Ayon Aurora $340,000
Previous Owner Ayon Andrew T $270,000
Previous Owner Ayon Andrew T $233,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $860,000 0.0% $412 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $860,000 -- $412 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,616 $1,018,059 $603,734 $414,325
2024 $11,254 $998,098 $591,897 $406,201
2023 $11,135 $978,529 $580,292 $398,237
2022 $10,630 $959,343 $568,914 $390,429
2021 $10,588 $940,533 $557,759 $382,774
2019 $10,158 $912,638 $541,216 $371,422
2018 $10,050 $894,744 $530,604 $364,140
2016 $7,614 $690,000 $599,200 $90,800
2015 $7,571 $690,000 $599,200 $90,800
2014 $7,710 $690,000 $599,200 $90,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Moran

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16029614

California Regional Multiple Listing Service (CRMLS)

APN: 2477-011-030

California Los Angeles County Burbank 91505 Chandler Park

1237 N Cordova St, Burbank, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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