NOT LISTED FOR SALE

1520 N Lima St Burbank, CA 91505

Northwest District Neighborhood

Estimated Value: $1,212,000 - $1,463,466

2 Beds
2 Baths
1,254 Sq Ft
$1,092/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $1,390,000 $1,108 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,441/month

9 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Open Floorplan
  • Bret Harte Elementary School Rated A
  • Views of Trees
  • Property is near a park

About This Home

As of August 2024

Updated Modern Black & White Beauty! Flexible 2 bed and 2 bath open plan features sophisticated black & white palette with hardwood floors, double-size living room, wood-burning fireplace, huge dining room with crown molding, bonus family/sun room and remodeled kitchen and baths. The kitchen's black & white quartz countertops anchor white cabinetry, a sexy red Italian Bertazzoni range, stainless steel appliances, farm sink, breakfast nook in front of bay window and doggy door! Main suite offers a generous built-in wardrobe and chic noir bath with black freestanding tub / shower and subway tile, double quartz vanity with sleek black faucets. 2nd bedroom is spacious with morning sun overlooking the backyard. 2nd bath has step-in shower with white subway tile and black accents. Spacious family/sun room with French doors leads to heated pool, poolside dining, roses and lawn surrounded by privacy hedges. Updated with new HVAC. Finished garage / lounge is additional sq ft and includes built-in storage. Walking distance to top elementary school, Chandler Bike Path and Burbank Blvd restaurants and stores! Located in the heart of Burbank, close to studios, airport and Magnolia Park!

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 07/09/2024

Compass

Co-Listed By

Kristin Neithercut

Compass License #02003278

Last Buyer's Agent

Camille Nelson

Media West Realty,Inc. License #01970176

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 6,687 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Lawn
  • Property is zoned BUR1YY

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Driveway

Property Views

  • Trees
  • Pool

Home Design

  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Storage

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gas Heated Pool

Outdoor Features

  • Slab Porch or Patio
  • Shed
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2437-026-011

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Exclusions: TV's
  • Living Area: 1254
  • Lot Acreage: 0.1535
  • Lot Dimensions: 50x137
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Storage Space, Turnkey, Open Floor Plan, Recessed Lighting
  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Tile, Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Remodeled, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Breakfast Nook
  • Kitchen Features: Stone Counters, Remodeled, Gourmet Kitchen
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven, Garbage Disposal, Microwave, Washer, Dryer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1112.44

Exterior Features

  • Construction: Stucco
  • Other Features: Rain Gutters, Sprinkler System
  • Other Structures: Shed(s)
  • Foundation Details: Raised
  • Fence: Wrought Iron
  • Patio: Concrete Slab
  • Pool Description: Heated, Heated with Gas, In Ground
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Tree Top, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Garage Is Attached, Garage - 1 Car, Direct Entrance, Driveway
  • Total Parking: 3

Utilities

  • Water Heater: Tankless
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: District, Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 2437-026-011
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Gutters, Landscaped, Lawn, Lot-Level/Flat, Single Lot, Yard
  • Lot Location: Flats, Park Nearby
  • Lot Size Area: 6687

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 13, 2024
Sold by
Riley Family Trust and Riley James Patrick
Bought by
Tanielian Garen Albert and Tanielian Atina Yeghyaian
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Camille Nelson
Media West Realty,Inc.
List Price
$1,395,000
Sold Price
$1,390,000
Premium/Discount to List
-$5,000
-0.36%
Views
17
Current Estimated Value
$1,369,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,633
Avg. Annual Appreciation
-1.12%
Original Mortgage
$766,500
Outstanding Balance
$757,958
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$611,409

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jun 22, 2022
Sold by
Acevedo and Kiersten
Bought by
Riley Family Trust
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Kerry Ann Sullivan
Pardee Properties
List Price
$1,195,000
Sold Price
$1,315,000
Premium/Discount to List
$120,000
10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$870,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 10, 2019
Sold by
Daniel Evan Rushing Trust
Bought by
Acevedo Kirk and Warren Kiersten
Seller's Agent
Edward Tinney
Nourmand & Associates-BH
Buyer's Agent
Michael Govia
The Realty Exchange Firm
List Price
$869,000
Sold Price
$855,000
Premium/Discount to List
-$14,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$684,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2017
Sold by
Rushing Daniel E
Bought by
Rushing Daniel E and Daniel Evan Rushing Trust

Purchase Details

Closed on
Sep 16, 2004
Sold by
Ordubegian Edmond
Bought by
Rushing Daniel E and Bixler Kelli L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 1997
Sold by
Derosayro Samantha
Bought by
Ordubegian Edmond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,571
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1997
Sold by
Citicorp Mtg Inc
Bought by
Derosayro Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,571
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1997
Sold by
Yekikan Jack H
Bought by
Citicorp Mtg Inc and Citibank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,520
Interest Rate
3.95%

Purchase Details

Closed on
May 23, 1996
Sold by
Yekikan Jack H
Bought by
Woods Yekikan Angelica Dergan
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
Tanielian Garen Albert $1,390,000 Ticor Title Company
Riley Family Trust $1,315,000 Ticor Title
Acevedo Kirk $855,000 First American Title Co
Rushing Daniel E -- None Available
Rushing Daniel E $580,000 Alliance Title Company
Ordubegian Edmond $178,700 First American Title Co
Derosayro Samantha $147,000 First American Title Co
Citicorp Mtg Inc $154,000 Stewart Title
Woods Yekikan Angelica Dergan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanielian Garen Albert $766,500
Previous Owner Riley Family Trust $870,000
Previous Owner Acevedo Kirk $684,000
Previous Owner Rushing Daniel E $400,000
Previous Owner Ordubegian Edmond $164,571
Previous Owner Derosayro Samantha $117,520
Closed Rushing Daniel E $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2024 08/20/24 Sold $1,390,000 -0.4% $1,108 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $1,395,000 +6.1% $1,112 / Sq Ft
07/08/2022 07/08/22 Sold $1,315,000 +10.0% $1,049 / Sq Ft View Prior Sale
06/15/2022 06/15/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $1,195,000 +39.8% $953 / Sq Ft
04/26/2019 04/26/19 Sold $855,000 -1.6% $682 / Sq Ft View Prior Sale
03/23/2019 03/23/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $869,000 -- $693 / 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
2025 $14,943 $1,390,000 $973,000 $417,000
2024 $14,943 $1,341,300 $1,072,530 $268,770
2023 $14,782 $1,315,000 $1,051,500 $263,500
2022 $9,900 $898,756 $718,900 $179,856
2021 $9,866 $881,134 $704,804 $176,330
2019 $1,434 $724,736 $646,019 $78,717
2018 $7,879 $710,526 $633,352 $77,174
2016 $6,711 $612,000 $545,000 $67,000
2015 $6,673 $612,000 $545,000 $67,000
2014 $6,600 $595,000 $530,000 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Craig Strong

    Seller's Agent in 2024

    Craig Strong

    Compass

    (818) 987-9700

    7 in this area

    305 Total Sales

    Craig Strong
    Section Image
  • Kristin Neithercut

    Seller Co-Listing Agent in 2024

    Kristin Neithercut

    Compass

    (508) 826-7127

    7 in this area

    186 Total Sales

    Kristin Neithercut
    Section Image

  • C

    Buyer's Agent in 2024

    Camille Nelson

    Media West Realty,Inc.

  • R

    Buyer Co-Listing Agent in 2024

    Rachael Osgood

    Media West Realty,Inc.

  • Kerry Ann Sullivan

    Buyer's Agent in 2022

    Kerry Ann Sullivan

    Pardee Properties

    (310) 621-2662

    2 in this area

    175 Total Sales

    Kerry Ann Sullivan
    Section Image
  • Tamra Pardee

    Buyer Co-Listing Agent in 2022

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    1 in this area

    857 Total Sales

    Tamra Pardee
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-412379

The MLS

APN: 2437-026-011

California Los Angeles County Burbank 91505 Northwest District

1520 N Lima St, Burbank, CA

Not Listed for Sale

Detached

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