NOT LISTED FOR SALE

220 N Valley St Unit 104 Burbank, CA 91505

Media District Neighborhood

Estimated Value: $992,000 - $1,312,000

3 Beds
3 Baths
2,358 Sq Ft
$491/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $1,075,000 $456 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,555/month

Highlights

  • No Units Above
  • Gated Parking
  • Side by Side Parking
  • R. L. Stevenson Elementary School Rated A
  • Bonus Room
  • Walk-In Closet

About This Home

As of April 2022

Built in 2005, this gorgeous three-level townhouse in the prime location of Burbank/Toluca Lake has a lot to offer - 3 spacious bedrooms and 2.5 bathrooms with a space for office, two storage closets and lots of storage space on the third level. Steps away from fine dining (Hank's Bagels, Mendocino Farms, Bob's Big Boy, Jinya, Olive and Thyme, Kabosu and Sushi Yuzu), coffee shops (Starbucks, Coffee Bean and Priscilla Coffee) and grocery shopping (Trader Joe's, Vons and Whole Foods). Highly rated Burbank Unified School district, proximity to studios and great public transportation options.
Spacious living room and separate dining room with built-in cabinets, maple hardwood floors, high ceilings, recess lighting and crown molding. Renovated guest bathrooms. Private patio with custom landscaping. Gourmet kitchen with granite countertops and backsplash, tiled floors and updated stainless steel appliances. Walk-in closets with custom built-in shelves in a master suite and one of the guest bedrooms. Updated water heater and HVAC system with zoning; sun deck with pergola; ADT security system and a two-car side by side parking space; low HOA fees include fire alarm system, cold water, trash removal, gardening.
LOCATION, LOCATION, LOCATION!!!

Last Agent to Sell the Property

Gary Dontsov

Beverly and Company License #01413047 Listed on: 03/10/2022

Beverly and Company

Last Buyer's Agent

Magda Mavyan

Coldwell Banker Hallmark License #01457147

Coldwell Banker Hallmark

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,489

Year Built

  • Built in 2005

Lot Details

  • 6,578 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Gated Parking
  • Parking Lot
  • Community Parking Structure

Interior Spaces

  • 2,358 Sq Ft Home
  • Electric Fireplace
  • Living Room
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Additional Features

  • Suburban Location
  • Zoned Heating and Cooling

Community Details

  • 5 Units
  • Valley Lights HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54178
  • Assessor Parcel Number 2485001150
  • $191 per year additional tax assessments

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,489

Year Built

Built in 2005

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Washer and Dryer
  • Property Attached: Yes
  • View: No
  • Zoning: BUR5*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2485001150
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2358.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 455.89
  • Room Type: All Bedrooms Up, Bonus Room, Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Gated, Parking Space, Side by Side, Structure
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Water
  • Association Fee: 345.23
  • Association Fee Frequency: Monthly
  • Association Name: Valley Lights HOA
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Suburban

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6578.00
  • Lot Size Acres: 0.1510

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6578.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Census Tract: 3116.00
  • Tax Lot: 1
  • Tax Tract Number: 54178
  • TaxOtherAnnualAssessmentAmount: 191.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 11, 2022
Sold by
Merlinsky Family Trust
Bought by
Satenik Arian And Sargis Turgutyan Living Tru
Seller's Agent
Gary Dontsov
Beverly and Company
Buyer's Agent
Magda Mavyan
Coldwell Banker Hallmark
List Price
$1,099,000
Sold Price
$1,075,000
Premium/Discount to List
-$24,000
-2.18%
Current Estimated Value
$1,157,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,855
Avg. Annual Appreciation
2.70%

Purchase Details

Closed on
Oct 14, 2021
Sold by
Merlirisky Yevgeri and Merlirisky Olena
Bought by
Merlinsky Yevgen and Merlinsky Olena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,057
Interest Rate
2.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2021
Sold by
Merlinsky Yevgen and Merlinsky Olena
Bought by
Merlinsky Yevgen and Merlinsky Olena

Purchase Details

Listed on
May 20, 2012
Closed on
Jun 25, 2012
Sold by
Avedian Avick and Avedian Seda
Bought by
Merlinsky Yevgen and Merlinsky Olena
Seller's Agent
Abe Talaie
No Firm Affiliation
Buyer's Agent
Abe Talaie
No Firm Affiliation
Sold Price
$397,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$341,730
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2004
Sold by
Valley Lights Llc
Bought by
Avedian Avick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
1%
Mortgage Type
Negative Amortization
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
Satenik Arian And Sargis Turgutyan Living Tru $1,075,000 California Title Company
Merlinsky Yevgen -- Stewart Title Of Ca Inc
Merlinsky Yevgen -- Stewart Title Of Ca Inc
Merlinsky Yevgen -- None Available
Merlinsky Yevgen $380,000 Old Republic Title
Avedian Avick $638,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merlinsky Yevgen $281,057
Previous Owner Merlinsky Yevgen $341,730
Previous Owner Avedian Avick $116,800
Previous Owner Avedian Avick $510,400
Closed Avedian Avick $63,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $1,075,000 -2.2% $456 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,099,000 +176.3% $466 / Sq Ft
07/17/2012 07/17/12 Sold $397,700 -- $144 / Sq Ft
05/20/2012 05/20/12 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 $12,489 $1,140,797 $706,870 $433,927
2024 $12,489 $1,118,429 $693,010 $425,419
2023 $12,355 $1,096,500 $679,422 $417,078
2022 $4,958 $440,945 $286,615 $154,330
2021 $4,931 $432,300 $280,996 $151,304
2020 $4,875 $427,868 $278,115 $149,753
2019 $4,732 $419,479 $272,662 $146,817
2018 $4,685 $411,255 $267,316 $143,939
2016 $4,436 $395,287 $256,937 $138,350
2015 $4,347 $389,350 $253,078 $136,272
2014 $4,338 $381,724 $248,121 $133,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22046018

California Regional Multiple Listing Service (CRMLS)

APN: 2485-001-150