$965,000
SOLD OCT 4, 2024
2 Beds
2 Baths
1,456 Sq Ft
6,181 Sq Ft Lot

Recently Sold

$663 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Laundry Room
  • Bret Harte Elementary School Rated A
  • Living Room
  • Central Heating and Cooling System

About This Home

As of October 2024

Welcome to 1506 Niagara Street, a 2BD/2BA home located in a fantastic neighborhood of Burbank! This 2 bedroom house features a great floor plan with a spacious living room, dining room, two dens, spacious bedrooms, and windows around the entire property allowing for natural light throughout! The private backyard features a combination of mature trees and a swimming pool. This home is located near the Empire Center, Warner Brother Studios, parks and highly rated schools.

Last Agent to Sell the Property

Greg Demirjian

Bellamar Realty Brokerage Phone: 818-300-8690 License #01993420 Listed on: 09/23/2024

Last Buyer's Agent

Greg Demirjian

Bellamar Realty Brokerage Phone: 818-300-8690 License #01993420 Listed on: 09/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1940

Lot Details

  • 6,181 Sq Ft Lot
  • Front Yard Sprinklers
  • Property is zoned BUR1*

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 2
  • Tax Tract Number 1
  • Assessor Parcel Number 2437014014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,388

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: BUR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2437014014
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1456.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 662.77
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 6181.00
  • Lot Size Acres: 0.1419

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6181.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 3110.00
  • Tax Lot: 14
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Sep 27, 2024
Sold by
Mari Tatevosian Trust and Tatevosian Mari
Bought by
1974 Mount Eden Llc
Seller's Agent
Greg Demirjian
Bellamar Realty
Buyer's Agent
Greg Demirjian
Bellamar Realty
List Price
$949,000
Sold Price
$965,000
Premium/Discount to List
$16,000
1.69%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.84%
Original Mortgage
$1,092,420
Outstanding Balance
$1,084,306
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$325,916

Purchase Details

Closed on
Jul 14, 2009
Sold by
Tatevosian Mari
Bought by
Tatevosian Mari

Purchase Details

Closed on
Jun 23, 2006
Sold by
Tatevosian Mari
Bought by
Tatevosian Mari

Purchase Details

Closed on
Mar 18, 2005
Sold by
Tatevosian Tatevos
Bought by
Tatevosian Mari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1999
Sold by
Tatevosian Tatevos
Bought by
Tatevosian Mari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.94%
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 Type Sale Price Title Company
Grant Deed $965,000 Wfg Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,092,420 New Conventional
Previous Owner $330,000 Purchase Money Mortgage
Previous Owner $93,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $1,499,999 +55.4% $911 / Sq Ft
10/04/2024 10/04/24 Sold $965,000 +1.7% $663 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $949,000 -- $652 / 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
2024 $4,388 $373,087 $212,184 $160,903
2023 $4,343 $365,773 $208,024 $157,749
2022 $4,151 $358,602 $203,946 $154,656
2021 $4,130 $351,572 $199,948 $151,624
2020 $4,085 $347,968 $197,898 $150,070
2019 $3,969 $341,146 $194,018 $147,128
2018 $3,827 $334,458 $190,214 $144,244
2016 $3,625 $321,473 $182,829 $138,644
2015 $3,553 $316,645 $180,083 $136,562
2014 $3,550 $310,443 $176,556 $133,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24197637

California Regional Multiple Listing Service (CRMLS)

APN: 2437-014-014