NOT LISTED FOR SALE

Estimated Value: $1,238,000 - $1,663,000

4 Beds
4 Baths
1,988 Sq Ft
$700/Sq Ft Est. Value

Last Sold April 21, 2015

Last sale price $760,000 $382 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,223/month

Highlights

  • Fireplace in Bathroom
  • No HOA
  • Central Heating and Cooling System
  • Bret Harte Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Ralph Foy Park

About This Home

As of April 2015

Great Income Property in Burbank! Four units, each has 1 bedroom and 1 bath. There is a Laundry area on side of Garage. Each unit also a single car Garage available if needed. Property has been retrofitted by Burbank Airport, giving it A/C, attic insulation, new Windows and doors.
A Great Location with NO RENT CONTROL.

Last Agent to Sell the Property

S. Penny Dotson

No Firm Affiliation License #01301778 Listed on: 02/13/2015

Last Buyer's Agent

Juan Carlos Duarte

First Class Real Estate License #01029156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,141

Year Built

  • Built in 1948

Lot Details

  • 4,588 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 227
  • Tax Tract Number 9497
  • Assessor Parcel Number 2437001023

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,141

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 2437001023
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Fireplace Features: Bath, Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 382.29

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area, Outside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 4588.00
  • Lot Size Acres: 0.1050

Multi Family

  • Gross Scheduled Income: 45600.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 4588.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 227
  • Tax Tract Number: 9497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
Mar 31, 2015
Sold by
Heying Larry and Heying Andrew
Bought by
Tom & Valerie Bernath Bent Zinger Living
Seller's Agent
S. Penny Dotson
No Firm Affiliation
Buyer's Agent
Juan Carlos Duarte
First Class Real Estate
List Price
$789,000
Sold Price
$760,000
Premium/Discount to List
-$29,000
-3.68%
Current Estimated Value
$1,391,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,537
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
Aug 2, 2002
Sold by
Sauer Richard T and Sauer Elizabeth C
Bought by
Heying Larry and Heying Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1999
Sold by
Menck Dana Stuart and Menck Jeanine O
Bought by
Sauer Richard T and Sauer Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,600
Interest Rate
7.64%

Purchase Details

Closed on
Nov 13, 1997
Sold by
Washington Mutual Bank Fa
Bought by
Menck Dana Stuart and Menck Jeanine O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
10%

Purchase Details

Closed on
Aug 21, 1997
Sold by
Novak John L and American Svgs Bank
Bought by
American Svgs Bank

Purchase Details

Closed on
Dec 23, 1996
Sold by
Novak John L and Novak Iris J
Bought by
Boston Harbor Corp
Source: Public Records

Range of Values:

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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
Tom & Valerie Bernath Bent Zinger Living $760,000 Chicago Title
Heying Larry $320,000 Southland Title Corporation
Sauer Richard T -- Southland Title Corporation
Sauer Richard T $223,000 Gateway Title Company
Menck Dana Stuart $205,000 Investors Title Company
American Svgs Bank $244,000 Stewart Title
Boston Harbor Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heying Larry $288,000
Previous Owner Sauer Richard T $160,600
Previous Owner Menck Dana Stuart $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2015 04/21/15 Sold $760,000 -3.7% $382 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $789,000 -- $397 / 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 $10,141 $913,398 $552,847 $360,551
2024 $10,141 $895,489 $542,007 $353,482
2023 $10,034 $877,931 $531,380 $346,551
2022 $9,581 $860,717 $520,961 $339,756
2021 $9,542 $843,842 $510,747 $333,095
2019 $9,157 $819,175 $495,599 $323,576
2018 $9,036 $803,121 $485,882 $317,239
2016 $8,580 $771,590 $467,015 $304,575
2015 $4,484 $398,252 $241,013 $157,239
2014 $4,495 $390,451 $236,292 $154,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15032667

California Regional Multiple Listing Service (CRMLS)

APN: 2437-001-023