NOT LISTED FOR SALE

1316 N Hollywood Way Burbank, CA 91505

Chandler Park Neighborhood

Estimated Value: $745,000 - $967,656

2 Beds
2 Baths
1,309 Sq Ft
$669/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $710,000 $542 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,229/month

45 Days on Market

Highlights

  • City Lights View
  • Midcentury Modern Architecture
  • No HOA
  • Bret Harte Elementary School Rated A
  • Wood Flooring
  • Living Room

About This Home

As of January 2024

Great Location in the "Verdugo" neighborhood of Burbank - Upstairs ADU can be Leased - The Property is Zoned for 4 Units. - Sold "as-is." Room for 2-additional parking spaces - Great Investment opportunity.

Last Agent to Sell the Property

Terri Scheid

Vision Realty, Inc. License #00816513 Listed on: 10/08/2023

Last Buyer's Agent

Terri Scheid

Vision Realty, Inc. License #00816513 Listed on: 10/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,743

Year Built

  • Built in 1950

Lot Details

  • 2,744 Sq Ft Lot
  • Property is zoned BUR4*

Parking

  • Attached Carport

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,309 Sq Ft Home
  • 2-Story Property
  • Living Room
  • City Lights Views
  • Laundry in Garage

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2477-011-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,743

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1309
  • Lot Acreage: 0.0630
  • Probate: No
  • Year Built: 1950
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Laminate, Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 686.78

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2477-011-006
  • Lot Size Area: 2744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Jan 3, 2024
Sold by
Manzo Orlando
Bought by
Preciado Marisol S
Seller's Agent
Terri Scheid
Vision Realty, Inc.
Buyer's Agent
Terri Scheid
Vision Realty, Inc.
List Price
$965,000
Sold Price
$710,000
Premium/Discount to List
-$255,000
-26.42%
Total Days on Market
45
Views
185
Current Estimated Value
$875,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,914
Avg. Annual Appreciation
16.06%
Original Mortgage
$371,000
Outstanding Balance
$366,125
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$509,789

Purchase Details

Closed on
Jul 12, 2016
Sold by
Zalewski Robert J
Bought by
Zalewski Robert James and Zalewski Rose Margarita
Source: Public Records

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Range of Values:

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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
Preciado Marisol S -- Lawyers Title Company
Preciado Gladys S -- Lawyers Title Company
Preciado Gladys S $710,000 Lawyers Title Company
Zalewski Robert James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preciado Gladys S $371,000
Previous Owner Zalewski Robert J $350,000
Previous Owner Zalewski Robert J $225,000
Previous Owner Zalewski Robert J $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $710,000 -21.0% $542 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/25/2023 10/25/23 Price Changed $899,000 -5.4% $687 / Sq Ft
10/13/2023 10/13/23 Price Changed $950,000 -1.6% $726 / Sq Ft
10/08/2023 10/08/23 For Sale $965,000 -- $737 / Sq Ft
Source: The MLS

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 $3,743 $324,635 $180,356 $144,279
2023 $3,705 $318,270 $176,820 $141,450
2022 $3,537 $312,030 $173,353 $138,677
2021 $3,518 $305,912 $169,954 $135,958
2019 $3,378 $296,840 $164,914 $131,926
2018 $3,326 $291,021 $161,681 $129,340
2016 $3,149 $279,721 $155,403 $124,318
2015 $3,087 $275,520 $153,069 $122,451
2014 $3,088 $270,124 $150,071 $120,053
Source: Public Records

Agents Affiliated with this Home

  • Terri Scheid

    Seller's Agent in 2024

    Terri Scheid

    Vision Realty, Inc.

    (310) 801-0310

    1 in this area

    10 Total Sales

    Terri Scheid
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-319265

The MLS

APN: 2477-011-006

California Los Angeles County Burbank 91505 Chandler Park

1316 N Hollywood Way, Burbank, CA

This home is located at 1316 N Hollywood Way, Burbank, CA 91505 since 08 October 2023 and is currently estimated at $875,914, approximately $669 per square foot. This property was built in 1950. 1316 N Hollywood Way is a home located in Los Angeles County with nearby schools including Bret Harte Elementary School, Luther Burbank Middle School, and John Burroughs High School.

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