NOT LISTED FOR SALE

Estimated Value: $1,735,000 - $2,075,000

3 Beds
2 Baths
2,132 Sq Ft
$922/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $1,249,000 $586 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,830/month

22 Days on Market

Highlights

  • Barn
  • Stables
  • Living Room with Fireplace
  • William McKinley Elementary School Rated A-
  • 14,419 Acre Lot
  • Cathedral Ceiling

About This Home

As of November 2015

This wonderful Spanish estate blends a custom 1937 brick home with a great equestrian property. Conveniently located in the Rancho area of Burbank, this is one of the finest locations for horses, adjacent to the Los Angeles Equestrian Center with direct access to Griffith Park, yet close to Studios, restaurants and shopping. This property is great for entertaining, but is also incredibly private. Tax assessors says 2 bed, but there are 3 bedrooms, 2 baths (2,132 sq. ft.), a bonus office or studio, 3 stall barn, tack room and storage. This is one of the few double lots in the area (14,296 sq. ft.).There are gorgeous dark plank hardwood and satillo paver floors through out, 2 fireplaces, a newer roof, updated systems, vaulted ceilings, French doors, and a country kitchen. This is a romantic Hacienda with an equestrian flair featuring wonderful ambiance for entertaining, or saddling up and hitting the local area trails. Truly a very special property!

Last Agent to Sell the Property

Nancy Gerber

Compass License #01296071 Listed on: 08/27/2015

Compass

Co-Listed By

Richard Buckisch

License #01756276

Last Buyer's Agent

Nancy Gerber

Compass License #01296071 Listed on: 08/27/2015

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,314

Year Built

  • Built in 1937

Lot Details

  • 14,419 Acre Lot
  • Barbed Wire
  • Block Wall Fence
  • Property is zoned BUR1HY

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,132 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Bonus Room
  • Storage
  • Laundry in Garage
  • Property Views

Kitchen

  • Country Kitchen
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Pavers

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Parking

  • 2 Car Detached Garage
  • Converted Garage

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Tack Room
  • Stables

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Open Patio
  • Ground Level Unit
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 2443-024-029

Community Details

Amenities

  • Community Storage Space

Recreation

  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,314

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Ground Level
  • Street Number Display: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 2132
  • Lot Acreage: 14419.0000
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1937
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Storage Space
  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Hardwood, Pavers
  • Appliances: Built-In Gas
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Tile
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Country Kitchen
  • Kitchen Features: Ceramic Counters, Island
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 585.83
  • Windows: French Windows

Exterior Features

  • Construction: Brick, Wood Siding
  • Other Features: Corral(s), French Doors, High Ceilings (9 Feet+)
  • Other Structures: Barn(s), Stall(s)
  • Tennis Court Y/N: No
  • Fence: Barbed Wire, Block
  • Patio: Patio Open
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Fields
  • View: Yes

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Amenities: Extra Storage, Hiking Trails, Horse Trails

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 2443-024-029
  • Geocode Override: No
  • Lot Size Area: 14419

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Sep 21, 2015
Sold by
Isanove Richard J
Bought by
Bailey Paul and Bailey Bree
Seller's Agent
Nancy Gerber
Compass
Buyer's Agent
Nancy Gerber
Compass
List Price
$1,249,000
Sold Price
$1,249,000
Current Estimated Value
$1,965,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,043
Avg. Annual Appreciation
4.70%
Original Mortgage
$999,200
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2013
Closed on
Jul 1, 2013
Sold by
Jackson Dennis A
Bought by
Isanove Richard J and Apple Catherine S
Seller's Agent
Alisa Cunningham
Douglas Elliman of California, Inc.
Buyer's Agent
Nancy Gerber
Compass
List Price
$1,250,000
Sold Price
$1,115,000
Premium/Discount to List
-$135,000
-10.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$836,250
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2003
Sold by
Jackson Louise S
Bought by
Jackson Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.83%
Source: Public Records

Range of Values:

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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
Bailey Paul $1,249,000 Equity Title
Isanove Richard J $1,115,000 Lawyers Title
Jackson Dennis A -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul And Bree Bailey Living Tr $350,000
Previous Owner Bailey Paul $1,035,000
Previous Owner Bailey Paul $1,040,000
Previous Owner Bailey Paul $994,000
Previous Owner Bailey Paul $999,200
Previous Owner Isanove Richard J $25,000
Previous Owner Isanove Richard J $895,000
Previous Owner Isanove Richard J $836,250
Previous Owner Jackson Dennis A $742,500
Previous Owner Jackson Dennis A $137,500
Previous Owner Jackson Dennis A $77,000
Previous Owner Jackson Dennis A $625,000
Previous Owner Jackson Dennis A $82,753
Previous Owner Jackson Dennis A $500,000
Previous Owner Jackson Dennis A $20,000
Previous Owner Jackson Dennis A $468,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $1,249,000 0.0% $586 / Sq Ft
08/27/2015 08/27/15 For Sale $1,249,000 +12.0% $586 / Sq Ft
08/27/2013 08/27/13 Sold $1,115,000 -3.0% $523 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
05/01/2013 05/01/13 Price Changed $1,150,000 -8.0% $539 / Sq Ft
02/27/2013 02/27/13 For Sale $1,250,000 -- $586 / 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 $16,314 $1,478,555 $887,845 $590,710
2024 $16,314 $1,449,565 $870,437 $579,128
2023 $16,141 $1,421,143 $853,370 $567,773
2022 $15,411 $1,393,279 $836,638 $556,641
2021 $15,356 $1,365,961 $820,234 $545,727
2019 $14,737 $1,325,448 $795,906 $529,542
2018 $14,523 $1,299,459 $780,300 $519,159
2016 $13,804 $1,249,000 $750,000 $499,000
2015 $12,439 $1,137,277 $908,802 $228,475
2014 $13,531 $1,115,000 $891,000 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-936497

The MLS

APN: 2443-024-029