$1,113,000 - $1,435,000
RENTED MAY 5, 2025

1239 N Reese Place Burbank, CA 91506

Northwest District Neighborhood
3 Beds
2 Baths
1,154 Sq Ft
$1,050 Price per Sq Ft

Last Sold June 06, 2024

Last sale price $1,100,000 $953 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,045/month

About This Home

As of June 2024

Welcome to 1239 North Reese Place, a 3BD/2BA renovated home located in a fantastic neighborhood of Burbank. As you step inside, you’ll be welcomed by a formal living area that seamlessly flows into the dining space, creating an inviting atmosphere for gatherings. This home features all new floors, a master suite, updated kitchen with an island, remodeled bathrooms and all new lighting throughout. All three bedrooms provide ample space and privacy. The property sparkles with timeless touches while providing the modern amenities desired. Situated on a fantastic, quiet street, this home offers the ideal blend of privacy and convenience. This home is located near the Empire Center, Warner Brother Studios, parks and highly rated school. Property can come partially furnished if desired. Construction is in progress at rear of property.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
May 30, 2024
Sold by
Mason Russell Lamar and Mason Marie A
Bought by
Sayadian Tadeh
Seller's Agent
Greg Demirjian
Bellamar Realty
Buyer's Agent
Greg Demirjian
Bellamar Realty
List Price
$995,000
Sold Price
$1,100,000
Premium/Discount to List
$105,000
10.55%
Views
18
Current Estimated Value
$1,211,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,234
Avg. Annual Appreciation
10.33%
Original Mortgage
$880,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2015
Closed on
Oct 28, 2015
Sold by
Ruiz Sally
Bought by
Mason Russell Lamar and Mason Marie A
Seller's Agent
Kenneth Barnes
Keller Williams Realty World Media Center
Buyer's Agent
Michael Brand
Bellamar Realty
List Price
$569,900
Sold Price
$569,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$455,920
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1996
Sold by
Beach A Elizabeth
Bought by
Beach A Elizabeth and The A Elizabeth Beach Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Sayadian Tadeh $1,100,000 Chicago Title Company
Mason Russell Lamar $570,000 Chicago Title Company
Beach A Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayadian Tadeh $893,500
Closed Sayadian Tadeh $880,000
Previous Owner Mason Russell Lamar $510,400
Previous Owner Mason Russell Lamar $510,000
Previous Owner Mason Russell Lamar $455,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Rented $4,500 0.0% --
04/23/2025 04/23/25 Price Changed $4,500 -6.3% $4 / Sq Ft
04/08/2025 04/08/25 For Rent $4,800 0.0% --
06/06/2024 06/06/24 Sold $1,100,000 +10.6% $953 / Sq Ft
05/07/2024 05/07/24 For Sale $995,000 +74.6% $862 / Sq Ft
10/30/2015 10/30/15 Sold $569,900 0.0% $494 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $569,900 -- $494 / Sq Ft

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
2024 $7,406 $661,412 $529,108 $132,304
2023 $7,327 $648,444 $518,734 $129,710
2022 $6,993 $635,730 $508,563 $127,167
2021 $6,965 $623,266 $498,592 $124,674
2019 $6,682 $604,781 $483,804 $120,977
2018 $6,580 $592,923 $474,318 $118,605
2016 $6,248 $569,900 $455,900 $114,000
2015 $727 $63,928 $34,857 $29,071
2014 $735 $62,677 $34,175 $28,502
Source: Public Records

Agents Affiliated with this Home

  • Greg Demirjian

    Seller's Agent in 2025

    Greg Demirjian

    Bellamar Realty

    (818) 300-8690

    3 in this area

    48 Total Sales

    Greg Demirjian
    Section Image
  • Kenneth Barnes

    Seller's Agent in 2015

    Kenneth Barnes

    Keller Williams Realty World Media Center

    (818) 239-3500

    2 in this area

    31 Total Sales

    Kenneth Barnes
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Brand

    Bellamar Realty

    (818) 940-4310

    Michael Brand
    Section Image
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Map

California Los Angeles County Burbank 91506 Northwest District

1239 N Reese Place, Burbank, CA

This home is located at 1239 N Reese Place, Burbank, CA 91506 and is currently estimated at $1,211,234, approximately $1,049 per square foot. 1239 N Reese Place is a home located in Los Angeles County with nearby schools including Thomas Edison Elementary School, Luther Burbank Middle School, and Burbank High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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