Seller's Agent in 2023
Joy Cross
RE/MAX
(626) 914-3792
1 in this area
112 Total Sales
1314 W Verdugo Ave Burbank, CA 91506
Rancho Adjacent NeighborhoodEstimated Value: $800,000 - $919,726
1
Bed
1
Bath
760
Sq Ft
$1,102/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Breakfast Area or Nook
- William McKinley Elementary School Rated A-
- Covered patio or porch
- 5-minute walk to George Izay Park
About This Home
As of February 2023WHY BUY A CONDO WHEN YOU CAN BUY YOUR OWN SINGLE FAMILY HOME! One bedroom PLUS a SEPERATE OFFICE IN THE BACKYARD! Great Location close to various Studios, Griffith Park, the LA Zoo, the Greek Theatre, the Hollywood Bowl and access to the 5, 134 and 101 Freeways! Neighborhood also has a high walkability score. Cozy one-bedroom one bath home with hardwood floors just waiting to be refinished and a large kitchen with a breakfast nook you can remodel YOUR way! There is a covered patio and a detached one car garage with alley access and an added room attached that you can use for an office and work out of home. Roof was new in 2006, upgraded electrical panel, new water heater, new garbage disposal and drains added to patios in backyard. Brickwork in front and back and new wood fencing, mature landscaping includes a productive lemon tree and the list goes on!
Last Agent to Sell the Property
RE/MAX MASTERS REALTY License #00915798 Listed on: 11/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,996
Year Built
- Built in 1949
Lot Details
- 3,000 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Front Yard
- Property is zoned BUR1YY
Parking
- 1 Car Garage
- Parking Available
Interior Spaces
- 760 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
Kitchen
- Breakfast Area or Nook
- Free-Standing Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Covered patio or porch
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 9557
- Assessor Parcel Number 2445010004
- $148 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2022
Closed on
Jan 11, 2023
Sold by
Ray Donald Philip and Ray Lekai
Bought by
Metin Simon
Seller's Agent
Joy Cross
RE/MAX MASTERS REALTY
Buyer's Agent
Renate Lichter
Estate Properties
List Price
$729,000
Sold Price
$700,000
Premium/Discount to List
-$29,000
-3.98%
Views
102
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,182
Avg. Annual Appreciation
7.58%
Original Mortgage
$584,000
Outstanding Balance
$566,315
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$270,867
Purchase Details
Closed on
Mar 21, 2005
Sold by
Li Lekai
Bought by
Ray Donald P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 1994
Sold by
Ripley Doris L
Bought by
Ray Donald P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.98%
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 |
|---|---|---|---|
| Metin Simon | $700,000 | Lawyers Title Company | |
| Ray Donald P | -- | United Title Company | |
| Ray Donald P | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Metin Simon | $584,000 | |
| Previous Owner | Ray Donald P | $340,000 | |
| Previous Owner | Ray Donald P | $200,000 | |
| Previous Owner | Ray Donald P | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $700,000 | 0.0% | $921 / Sq Ft |
| 01/10/2023 01/10/23 | Pending | -- | -- | -- |
| 11/28/2022 11/28/22 | Price Changed | $699,800 | -4.0% | $921 / Sq Ft |
| 11/09/2022 11/09/22 | For Sale | $729,000 | -- | $959 / 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 | $7,996 | $728,280 | $582,624 | $145,656 |
| 2024 | $7,996 | $714,000 | $571,200 | $142,800 |
| 2023 | $2,019 | $167,964 | $96,701 | $71,263 |
| 2022 | $1,929 | $164,671 | $94,805 | $69,866 |
| 2021 | $1,918 | $161,444 | $92,947 | $68,497 |
| 2020 | $1,896 | $159,789 | $91,994 | $67,795 |
| 2019 | $332 | $156,657 | $90,191 | $66,466 |
| 2018 | $298 | $153,586 | $88,423 | $65,163 |
| 2017 | $25 | $150,576 | $86,690 | $63,886 |
| 2016 | $294 | $147,625 | $84,991 | $62,634 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Renate Lichter
RE/MAX
(310) 990-5520
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22232338
APN: 2445-010-004
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