NOT LISTED FOR SALE

1529 N Edison Blvd Burbank, CA 91505

Northwest District Neighborhood

Estimated Value: $1,076,000 - $1,342,000

4 Beds
3 Baths
1,984 Sq Ft
$611/Sq Ft Est. Value

Last Sold April 25, 2013

Last sale price $530,000 $267 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,941/month

8 Days on Market

About This Home

As of April 2013

A great investment property. A TRIPLEX located in a great location in Burbank. All 3 tenants on a month to month lease.

Last Agent to Sell the Property

Martin Kovacs

SCV Properties, Inc. License #01294838 Listed on: 10/10/2012

Co-Listed By

Robert Kellar

Kellar-Davis,Inc. License #01030351

Last Buyer's Agent

Martin Kovacs

SCV Properties, Inc. License #01294838 Listed on: 10/10/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 9,669 Sq Ft Lot

Home Design

  • 1,984 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 8077
  • Assessor Parcel Number 2436021011

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Type: Residential Income
  • Parcel Number: 2436021011
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 267.14

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9669.00
  • Lot Size Acres: 0.2220

Multi Family

  • Gross Scheduled Income: 3115.00
  • Lot Size Area: 9669.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 8077
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2016
Sold by
Lipe Christopher M and Lipe Reina A
Bought by
Lipe Christopher M and Lipe Reina A
Current Estimated Value
$1,211,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Outstanding Balance
$469,776
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$741,891

Purchase Details

Closed on
Feb 11, 2013
Sold by
Helton Debra Lee
Bought by
Lipe Christopher and Lipe Reina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2011
Sold by
Helton James
Bought by
Helton Debra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2011
Sold by
Helton Debra Lee
Bought by
Helton Debra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Lipe Christopher M -- First American Title Company
Lipe Christopher $560,000 Lawyers Title
Helton Debra Lee -- Ort
Helton Debra Lee -- Ort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipe Christopher M $592,500
Previous Owner Lipe Christopher $397,500
Previous Owner Helton Debra Lee $100,000
Previous Owner Helton Debra Lee $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2013 04/25/13 Sold $530,000 -- $267 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
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
2025 $8,021 $719,471 $391,588 $327,883
2024 $8,021 $705,364 $383,910 $321,454
2023 $7,937 $691,534 $376,383 $315,151
2022 $7,580 $677,975 $369,003 $308,972
2021 $7,541 $664,682 $361,768 $302,914
2020 $7,457 $657,867 $358,059 $299,808
2019 $7,238 $644,969 $351,039 $293,930
2018 $7,138 $632,323 $344,156 $288,167
2016 $6,131 $551,321 $330,793 $220,528
2015 $6,007 $543,041 $325,825 $217,216
2014 $6,006 $532,405 $319,443 $212,962
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Martin Kovacs

    SCV Properties, Inc.

    Section Image
  • Robert Kellar

    Seller Co-Listing Agent in 2013

    Robert Kellar

    Kellar-Davis,Inc.

    (661) 212-3771

    28 Total Sales

    Robert Kellar
    Section Image

  • Y

    Buyer Co-Listing Agent in 2013

    Yanli Qu

    REALTY ONE GROUP WEST

    (626) 236-2178

    3 Total Sales

    Yanli Qu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12125204

California Regional Multiple Listing Service (CRMLS)

APN: 2436-021-011

California Los Angeles County Burbank 91505 Northwest District

1529 N Edison Blvd, Burbank, CA

Not Listed for Sale

MultiFamily

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