NOT LISTED FOR SALE

168 W Elm Ct Burbank, CA 91502

Rancho Adjacent Neighborhood

Estimated Value: $1,844,000 - $2,066,000

8 Beds
4 Baths
3,178 Sq Ft
$616/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $1,270,000 $400 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,701/month

76 Days on Market

Highlights

  • Fireplace in Kitchen
  • Wood Flooring
  • Laundry Room
  • William McKinley Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Chain Link Fence

About This Home

As of March 2017

PRICE REDUCTION MOTIVATED SELLER. Terrific Investment Opportunity – 3,178 sq. ft. Four-Plex on a 8,152 sq. ft. lot, located in the great Burbank area! NO RENT CONTROL. Front house is 2 bedrooms 1 bath, and 2 bonus rooms currently being used as office space. Front house features a covered porch, new roof, central A/C and a 2 car garage. The 3 units in the back building consist of 2 bedroom 1 bath each, with a separate parking space for each unit. The property has separate gas and electric meters. Property also features brand new double pane windows, partial copper and upgraded electrical. Low maintenance yard and a common laundry room with coin-op machine. Property is conveniently located near public transportation, 5 and 134 freeways. Close to Warner Bros. & Disney Studios. Also, very close to the downtown Burbank area. Do not miss out on this great opportunity, owner can live in the front house and benefit from the rental income from the other three units.

Last Agent to Sell the Property

Patty Rogel

Keller Williams Realty-Studio License #01746233 Listed on: 11/11/2016

Keller Williams Realty-Studio

Last Buyer's Agent

Thomas Atamian

Dilbeck Real Estate License #01739307

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,924

Year Built

  • Built in 1947

Lot Details

  • 8,152 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Shingle Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,178 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room with Fireplace

Kitchen

  • Gas Cooktop
  • Fireplace in Kitchen

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Natural Gas Connected
  • Private Sewer
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 6811
  • Assessor Parcel Number 5625002023

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,924

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: BUR3*
  • Property Type: Residential Income
  • Parcel Number: 5625002023
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Bonus Room, Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 399.62

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Good Condition
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Private Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8152.00

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3118.01
  • Tax Lot: 37
  • Tax Tract Number: 6811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Apr 5, 2017
Sold by
Atamian Thomas
Bought by
Sid Ventures Llc
Seller's Agent
Patty Rogel
Keller Williams Realty-Studio
Buyer's Agent
Thomas Atamian
Dilbeck Real Estate
List Price
$1,450,000
Sold Price
$1,270,000
Premium/Discount to List
-$180,000
-12.41%
Current Estimated Value
$1,956,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,576
Avg. Annual Appreciation
5.18%
Original Mortgage
$866,775
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 11, 2016
Closed on
Feb 16, 2017
Sold by
Mendoza Henry and Ocampo Ana
Bought by
Sid Ventures Llc
Seller's Agent
Patty Rogel
Keller Williams Realty-Studio
Buyer's Agent
Thomas Atamian
Dilbeck Real Estate
List Price
$1,450,000
Sold Price
$1,270,000
Premium/Discount to List
-$180,000
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$866,775
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2005
Sold by
Ocampo Ana
Bought by
Mendoza Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1995
Sold by
Nava Rafael and Nava Elma
Bought by
Mendoza Henry

Purchase Details

Closed on
Sep 5, 1995
Sold by
Mendoza Henry
Bought by
Nava Rafael and Nava Elma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.12%
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
Sid Ventures Llc -- None Available
Sid Ventures Llc $1,238,500 Fidelity
Mendoza Henry -- Fidelity
Mendoza Henry -- --
Mendoza Henry -- --
Nava Rafael $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sid Ventures Llc $866,775
Previous Owner Mendoza Henry $200,000
Previous Owner Nava Rafael $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $1,270,000 -9.0% $400 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
11/19/2016 11/19/16 Price Changed $1,395,000 -3.8% $439 / Sq Ft
11/11/2016 11/11/16 For Sale $1,450,000 -- $456 / 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
2025 $15,924 $1,437,092 $856,800 $580,292
2024 $15,924 $1,408,914 $840,000 $568,914
2023 $15,756 $1,381,289 $823,530 $557,759
2022 $15,046 $1,354,206 $807,383 $546,823
2021 $14,984 $1,327,653 $791,552 $536,101
2020 $14,820 $1,314,040 $783,436 $530,604
2019 $14,380 $1,288,275 $768,075 $520,200
2018 $14,197 $1,263,015 $753,015 $510,000
2016 $5,067 $449,244 $202,159 $247,085
2015 $4,966 $442,497 $199,123 $243,374
2014 $4,975 $433,830 $195,223 $238,607
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patty Rogel

    Keller Williams Realty-Studio

    (818) 424-6007

    21 Total Sales

    Patty Rogel
    Section Image

  • T

    Buyer's Agent in 2017

    Thomas Atamian

    Dilbeck Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16744916

California Regional Multiple Listing Service (CRMLS)

APN: 5625-002-023

California Los Angeles County Burbank 91502 Rancho Adjacent

168 W Elm Ct, Burbank, CA

This home is located at 168 W Elm Ct, Burbank, CA 91502 since 11 November 2016 and is currently estimated at $1,956,576, approximately $615 per square foot. This property was built in 1947. 168 W Elm Ct is a home located in Los Angeles County with nearby schools including William McKinley Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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