NOT LISTED FOR SALE

2226 N Frederic St Burbank, CA 91504

Airport District Neighborhood

Estimated Value: $1,079,000 - $1,596,000

6 Beds
5 Baths
2,819 Sq Ft
$487/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $540,000 $192 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $8,001/month

6 Days on Market

Highlights

  • No Heating
  • George Washington Elementary Rated A-
  • 3-minute walk to Robert E Lundigan Park

About This Home

As of March 2012

Great income property.

Last Agent to Sell the Property

Steven Guthrie

Platinum Finance Properties License #01440504 Listed on: 01/23/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 6,990 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • 2,819 Sq Ft Home

Utilities

  • No Heating
  • Sewer Paid

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tax Tract Number 4615
  • Assessor Parcel Number 2466015030

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

6,990 Sq Ft Lot

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 2466015030
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 191.56

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6990.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6990.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 2530
  • Tax Lot: 0.
  • Tax Tract Number: 4615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2015
Sold by
Melikian John and Melikian Eve
Bought by
Kupaiyan Jirayr and Tagavitian Suzie
Current Estimated Value
$1,374,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$438,157
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$935,856

Purchase Details

Listed on
Jan 23, 2012
Closed on
Feb 3, 2012
Sold by
Platinum Finance Properties Inc
Bought by
Melikian John and Melikian Eve
Seller's Agent
Steven Guthrie
Platinum Finance Properties
List Price
$579,900
Sold Price
$540,000
Premium/Discount to List
-$39,900
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$405,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2012
Sold by
Vanle Lam
Bought by
Platinum Finance Properties Inc and Natural Sequence Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
The Lam Van Le Living Trust
Bought by
Vanle Lam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2001
Sold by
Lewis James M
Bought by
Vanle Lam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,900
Interest Rate
7.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kupaiyan Jirayr $760,000 Lawyers Title
Melikian John $540,000 Lawyers Title Company
Platinum Finance Properties Inc $452,012 Accommodation
Vanle Lam -- Ticor Title Company
Vanle Lam $320,000 Fidelity Title
Lewis James M -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kupaiyan Jirayr $570,000
Previous Owner Melikian John $405,000
Previous Owner Vanle Lam $439,000
Previous Owner Vanle Lam $255,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2012 03/15/12 Sold $540,000 -6.9% $192 / Sq Ft
01/29/2012 01/29/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $579,900 -- $206 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,223 $913,398 $552,847 $360,551
2024 $10,223 $895,489 $542,007 $353,482
2023 $10,116 $877,931 $531,380 $346,551
2022 $9,662 $860,717 $520,961 $339,756
2021 $9,617 $843,842 $510,747 $333,095
2020 $9,511 $835,190 $505,510 $329,680
2019 $9,232 $818,815 $495,599 $323,216
2018 $9,086 $802,761 $485,882 $316,879
2016 $8,618 $771,590 $467,015 $304,575
2015 $6,323 $564,353 $365,785 $198,568
2014 $6,320 $553,299 $358,620 $194,679
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Steven Guthrie

    Platinum Finance Properties

    (714) 379-2370

    15 Total Sales

    Steven Guthrie
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P810326

California Regional Multiple Listing Service (CRMLS)

APN: 2466-015-030

California Los Angeles County Burbank 91504 Airport District

2226 N Frederic St, Burbank, CA

Not Listed for Sale

MultiFamily

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