NOT LISTED FOR SALE

Estimated Value: $1,515,000 - $1,730,000

3 Beds
2 Baths
1,753 Sq Ft
$949/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,400,000 $799 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,147/month

17 Days on Market

Highlights

  • Spanish Architecture
  • High Ceiling
  • Neighborhood Views
  • R. L. Stevenson Elementary School Rated A
  • No HOA
  • Beamed Ceilings

About This Home

As of January 2023

Introducing 124 North Valley Street, with quintessential arches, white stucco, and terracotta roof tiles, this exquisite Spanish Colonial Revival home is the perfect retreat! Drought tolerant landscaping draws you in with gorgeous curb appeal. Built circa 1931, the living room contributes a sense of grandeur with a large picture window, vaulted wood beamed ceiling, fireplace adorned with gleaming hand painted tiles, and efficient built-ins to create a warm living space of function and nostalgia. The dining room is perfect for entertaining featuring a romantic coved ceiling and majestic iron chandelier. Your gourmet kitchen features plentiful speckled granite countertops, cozy breakfast nook, and attached laundry room. The guest bathroom has been well preserved with original buttercup yellow tiles, elegant hand painted tile display, and sun filled windows. Spacious and bright, the primary room features a generous walk-in closet and shoe organizer. The upgraded ensuite boasts travertine floors and luminous standing shower. Two additional bedrooms are well appointed and generous in size. Enhance your lifestyle in the spacious backyard, a blank slate for endless possibilities. A premier setting in one of the best neighborhoods in Burbank, just moments from trendy restaurants, shopping and downtown LA.

Last Agent to Sell the Property

Daniel Willey

Compass License #02010488 Listed on: 12/14/2022

Compass

Last Buyer's Agent

Sarrah Gallegos

The Agency License #02077086

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,826

Year Built

  • Built in 1931

Lot Details

  • 6,423 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR1*

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Interior Block Wall

Interior Spaces

  • 1,753 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 123
  • Tax Tract Number 9517
  • Assessor Parcel Number 2485009008
  • $210 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,826

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR1*
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2485009008
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1753.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Built-in Features, High Ceilings
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 798.63
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6423.00
  • Lot Size Acres: 0.1475

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6423.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3116.02
  • Tax Lot: 123
  • Tax Tract Number: 9517
  • TaxOtherAnnualAssessmentAmount: 210.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Jan 12, 2023
Sold by
Sharon S Reid Living Trust
Bought by
Gallegos Maria
Seller's Agent
Daniel Willey
Compass
Buyer's Agent
Sarrah Gallegos
The Agency
List Price
$1,400,000
Sold Price
$1,400,000
Views
15
Current Estimated Value
$1,663,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,444
Avg. Annual Appreciation
8.03%
Original Mortgage
$1,120,000
Outstanding Balance
$1,075,208
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$630,879

Purchase Details

Closed on
Dec 14, 2010
Sold by
Reid Sharon
Bought by
Reid Sharon S and The Sharon S Reid Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,500
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Gallegos Maria $1,400,000 Orange Coast Title Company
Reid Sharon S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Maria $1,120,000
Previous Owner Reid Sharon S $302,000
Previous Owner Reid Sharon $309,500
Previous Owner Reid Sheridan D $310,000
Previous Owner Reid Sheridan D $310,000
Previous Owner Reid Sheridan D $250,000
Previous Owner Reid Sheridan D $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $1,400,000 0.0% $799 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
12/28/2022 12/28/22 Off Market $1,400,000 -- --
12/14/2022 12/14/22 For Sale $1,400,000 -- $799 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,826 $1,456,559 $1,109,066 $347,493
2024 $15,826 $1,428,000 $1,087,320 $340,680
2023 $1,427 $115,202 $61,713 $53,489
2022 $1,365 $112,944 $60,503 $52,441
2021 $1,347 $110,730 $59,317 $51,413
2019 $1,294 $107,447 $57,558 $49,889
2018 $1,247 $105,341 $56,430 $48,911
2016 $1,162 $101,252 $54,240 $47,012
2015 $1,139 $99,732 $53,426 $46,306
2014 $1,145 $97,779 $52,380 $45,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22248447

California Regional Multiple Listing Service (CRMLS)

APN: 2485-009-008