NOT LISTED FOR SALE

Estimated Value: $1,387,000 - $1,586,698

2 Beds
2 Baths
1,672 Sq Ft
$891/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $1,360,000 $813 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,318/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • R. L. Stevenson Elementary School Rated A
  • Neighborhood Views
  • French Doors

About This Home

As of October 2023

This gorgeous duplex is on the Burbank side of Toluca Lake and near all of the quaint shops and restaurants in The Village. It features 2 one bed/one bath units with hardwood floors, crown moldings, and updated kitchens and bathrooms. The rear yard has a patio and is very private. There is a shared 2 car garage which includes a shared laundry. Note the large size of the units!

Last Agent to Sell the Property

Bill Toth

First Class Real Estate License #01023622 Listed on: 09/25/2023

Last Buyer's Agent

Claris Deronian Sarkissian

Coldwell Banker Hallmark License #01906537

Coldwell Banker Hallmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,173

Year Built

  • Built in 1945

Lot Details

  • 5,153 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Sprinkler System
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • French Doors
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 7
  • Tax Tract Number 9569
  • Assessor Parcel Number 2485019015
  • $227 per year additional tax assessments

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $60,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,173

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Price Per Unit: 680000
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: BUR4*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2485019015
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 813.40
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 5153.00
  • Lot Size Acres: 0.1183

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 5153.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3116.02
  • Tax Lot: 7
  • Tax Tract Number: 9569
  • TaxOtherAnnualAssessmentAmount: 227.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Sep 14, 2023
Sold by
Douglas R Falcone Family Trust
Bought by
Sarkissian Edik and Deronian Claris
Seller's Agent
Bill Toth
First Class Real Estate
Buyer's Agent
Claris Deronian Sarkissian
Coldwell Banker Hallmark
List Price
$1,360,000
Sold Price
$1,360,000
Views
4
Current Estimated Value
$1,489,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,675
Avg. Annual Appreciation
4.25%
Original Mortgage
$1,020,000
Outstanding Balance
$1,001,267
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$472,511

Purchase Details

Closed on
Feb 24, 2022
Sold by
Carolyne T Lacy Trust
Bought by
Douglas R Falcone Family Trust

Purchase Details

Closed on
Apr 12, 2006
Sold by
Dumm Jo Ellen
Bought by
Phantum Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 4, 2006
Sold by
Phantum Inc
Bought by
Dumm Jo Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 29, 2006
Sold by
Phantum Inc
Bought by
Lacy Carolyne T and Carolyne T Lacy Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 4, 2005
Sold by
Dumm Jo Ellen
Bought by
Phantum Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 10, 2005
Sold by
Shaw Lie Chien
Bought by
Shaw Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 4, 2005
Sold by
Shaw Bruce R
Bought by
Dumm Jo Ellen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 30, 1994
Sold by
Mallen Philippe Gerard and James B Mallen South Rose Stre
Bought by
Shaw Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,980
Interest Rate
9.29%
Mortgage Type
Assumption
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
Sarkissian Edik $1,360,000 Orange Coast Title Company
Douglas R Falcone Family Trust $1,310,000 Chicago Title
Phantum Inc -- None Available
Dumm Jo Ellen -- American Coast Title Company
Lacy Carolyne T $895,000 Act
Phantum Inc -- --
Shaw Bruce R -- American Coast Title Co Inc
Dumm Jo Ellen A $699,000 American Coast Title Co Inc
Shaw Bruce R $199,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarkissian Edik $1,020,000
Previous Owner Dumm Jo Ellen $199,000
Previous Owner Lacy Carolyne T $600,000
Previous Owner Shaw Bruce R $104,850
Previous Owner Dumm Jo Ellen A $559,200
Previous Owner Shaw Bruce R $195,942
Previous Owner Shaw Bruce R $202,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $1,360,000 0.0% $813 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $1,360,000 -- $813 / 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 $15,173 $1,387,200 $1,020,000 $367,200
2024 $15,173 $1,360,000 $1,000,000 $360,000
2023 $15,042 $1,336,200 $1,020,000 $316,200
2022 $12,700 $1,156,294 $735,824 $420,470
2021 $12,655 $1,133,623 $721,397 $412,226
2019 $6,939 $626,853 $556,031 $70,822
2018 $6,842 $614,563 $545,129 $69,434
2016 $6,491 $590,701 $523,962 $66,739
2015 $6,358 $581,829 $516,092 $65,737
2014 $6,346 $570,433 $505,983 $64,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23179265

California Regional Multiple Listing Service (CRMLS)

APN: 2485-019-015