NOT LISTED FOR SALE

Estimated Value: $1,690,000 - $1,994,000

4 Beds
2.5 Baths
3,080 Sq Ft
$602/Sq Ft Est. Value

Last Sold March 12, 2019

Last sale price $1,125,000 $365 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $10,972/month

9 Days on Market

Highlights

  • Sound Studio
  • Panoramic View
  • Wood Flooring
  • Ralph Emerson Elementary School Rated A-
  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2019

Situated in the hills of Burbank with breathtaking views and stunning light throughout the day, this classic contemporary home provides beautiful spaces, privacy and tranquility. Upon entering, one is drawn to the sunbathed living and dining rooms, which open onto an expansive balcony with captivating views of the backside of the Hollywood Hills and Burbank tucked in between. The galley kitchen is conveniently located between the dining room and den, complete with built-ins, perfect for a library. Also upstairs is a guest powder room and gorgeous master suite retreat, which provides balcony access, from which sunset can be enjoyed. Downstairs is truly its own world, including a uniquely designed family room with an '80s vintage bar only missing stools and a pool table which leads into a full recording studio...an amazing space for entertainment professionals to work and play. Three bedrooms share a large bathroom downstairs, which also includes a full laundry room, extensive storage, and a sun room opening onto the patio and backyard. This home has so much to offer and is an absolute must see!

Last Agent to Sell the Property

Michael Maloney

Keller Williams Realty License #01216091 Listed on: 02/12/2019

Keller Williams Realty

Co-Listed By

Erin Maloney

Keller Williams Realty License #01928844

Last Buyer's Agent

Vic Arutyunyan

Citilink Realty Group License #01506788

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Back Yard
  • Property is zoned BUR1*

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Hills

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Bar
  • Raised Hearth
  • Sliding Doors
  • Entryway
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room Balcony
  • Sound Studio
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Makeup or Vanity Space
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Verdugo Hills Landscape Maintenance Association

Listing and Financial Details

  • Assessor Parcel Number 5608024060

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Refrigerator
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Zoning: BUR1*
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5608024060
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3080.00
  • Interior Amenities: Bar, Living Room Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace Features: Raised Hearth, Living Room
  • Levels: Two
  • Price Per Square Foot: 365.26
  • Room Type: Entry, Sound Studio, Separate Family Room
  • Bathroom Features: Jetted Tub, Vanity Area
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Trees/Woods, Panoramic, Hills
  • Fence: No
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Range Hood, Gas Cooktop, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Association Name: Verdugo Hills Landscape Maintenance Association
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 12125.00
  • Lot Size Acres: 0.2784

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12125.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2019
Sold by
Arutyunyan Razmik
Bought by
Desa Group Llc
Current Estimated Value
$1,853,409

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 5, 2019
Sold by
Katz Jonthan and Katz Rebecca Boyle
Bought by
Arutyunyan Razmik
Seller's Agent
Michael Maloney
Keller Williams Realty
Buyer's Agent
Vic Arutyunyan
Citilink Realty Group
List Price
$995,000
Sold Price
$1,125,000
Premium/Discount to List
$130,000
13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%

Purchase Details

Listed on
Feb 13, 2012
Closed on
Mar 26, 2012
Sold by
The Bank Of New York Mellon
Bought by
Katz Jonathan and Katz Rebecca Boyle
Seller's Agent
Edwin Ordubegian
Coldwell Banker Hallmark
Buyer's Agent
Michael Maloney
Keller Williams Realty
Sold Price
$754,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$603,440
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Jones Kevin and Jones Dina
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 18, 2003
Sold by
Lee Kil Un and Lee Sonya S
Bought by
Jones Kevin and Jones Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2002
Sold by
Rodriguez Jose
Bought by
Rodriguez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.43%

Purchase Details

Closed on
Aug 22, 2002
Sold by
Rodriguez Teresa
Bought by
Lee Kil Un and Lee Sonya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.43%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Compliance Area Director/Area 16 Of Inte
Bought by
Rodriguez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,900
Interest Rate
7.08%

Purchase Details

Closed on
Mar 28, 2001
Sold by
Westmoreland Perry L and Westmoreland Irena S
Bought by
Defined Benefit Pension Plan Of Baxter H

Purchase Details

Closed on
Nov 4, 1999
Sold by
S & W Family Trust and Medvedeva Elena
Bought by
Oak Services

Purchase Details

Closed on
Dec 19, 1994
Sold by
Westmoreland Irena S
Bought by
S & W Family Trust

Purchase Details

Closed on
Oct 20, 1994
Sold by
Westmoreland Perry L
Bought by
Westmoreland Irena S

Purchase Details

Closed on
Aug 25, 1993
Sold by
Wright Robert L and Wright Margie
Bought by
Westmoreland Perry L and Westmoreland Irena S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.25%
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

Date Buyer Sale Price Title Company
Desa Group Llc -- None Available
Arutyunyan Razmik $1,125,000 Old Republic Title Company
Katz Jonathan $754,500 None Available
The Bank Of New York Mellon $774,000 Landsafe Title
Jones Kevin $680,000 Chicago Title Co
Rodriguez Teresa -- American Title Co
Lee Kil Un $665,000 American Title Co
Rodriguez Teresa $464,700 --
Defined Benefit Pension Plan Of Baxter H $450,000 --
Oak Services -- --
S & W Family Trust -- --
Westmoreland Irena S -- --
Westmoreland Perry L $350,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katz Jonathan $603,440
Previous Owner Jones Kevin $510,000
Previous Owner Lee Kil Un $370,000
Previous Owner Rodriguez Teresa $411,900
Previous Owner Westmoreland Perry L $250,000
Closed Jones Kevin $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2019 03/12/19 Sold $1,125,000 +13.1% $365 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $995,000 +31.9% $323 / Sq Ft
04/25/2012 04/25/12 Sold $754,300 -- $245 / Sq Ft View Prior Sale
03/27/2012 03/27/12 Pending -- -- --
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 $14,779 $1,334,243 $787,423 $546,820
2024 $14,779 $1,308,083 $771,984 $536,099
2023 $14,622 $1,282,436 $756,848 $525,588
2022 $13,963 $1,257,291 $742,008 $515,283
2021 $13,904 $1,232,639 $727,459 $505,180
2020 $12,957 $1,147,500 $816,000 $331,500
2019 $3,034 $849,325 $448,814 $400,511
2018 $9,349 $832,672 $440,014 $392,658
2016 $8,862 $800,340 $422,929 $377,411
2015 $8,682 $788,319 $416,577 $371,742
2014 $8,659 $772,878 $408,417 $364,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819000649

Pasadena-Foothills Association of REALTORS®

APN: 5608-024-060