228 N Cordova St Burbank, CA 91505
Media District NeighborhoodEstimated Value: $1,259,000 - $1,448,000
3
Beds
3
Baths
1,654
Sq Ft
$795/Sq Ft
Est. Value
Highlights
- Paved or Partially Paved Lot
- R. L. Stevenson Elementary School Rated A
- Back and Front Yard
About This Home
As of March 2015Prime Media District Triplex! Each unit has a private enclosed 1-car garage! Separate laundry room on premises! Walk to new 150 million dollar Talaria project with a Whole Foods Market!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,692
Year Built
- Built in 1938
Lot Details
- 6,514 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Paved or Partially Paved Lot
- Level Lot
- Back and Front Yard
Parking
- 3 Car Garage
Home Design
- 1,654 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 10134
- Assessor Parcel Number 2483014006
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $788
- Maintenance Expense $21
- Supplies Expense $13
- Water Sewer Expense $684
- New Taxes Expense $9,750
- Gross Income $4,185
- Net Operating Income $38,964
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2016
Sold by
Majstorich Michelle Elisabeth
Bought by
Majstorich Zelko and Majstorich Liane
Total Days on Market
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,600
Outstanding Balance
$430,788
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$883,451
Purchase Details
Listed on
Oct 31, 2014
Closed on
Mar 13, 2015
Sold by
Majstorich Zelko
Bought by
The Zelko & Liane Majstorich Family Trus
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$779,977
Sold Price
$726,000
Premium/Discount to List
-$53,977
-6.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$544,500
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 31, 2014
Closed on
Feb 4, 2015
Sold by
Wilkins Thomas W
Bought by
Majstorich Zelko and Majstorich Liane
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$779,977
Sold Price
$726,000
Premium/Discount to List
-$53,977
-6.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,500
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2008
Sold by
Wilkins Thomas W
Bought by
Wilkins Thomas W and Thomas W Wilkins 2008 Trust
Purchase Details
Closed on
Oct 5, 2005
Sold by
Maltin Leonard
Bought by
Wilkins Thomas W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 31, 2004
Sold by
Maltin Leonard
Bought by
Maltin Leonard and Maltin Alice P
Purchase Details
Closed on
Aug 12, 2002
Sold by
Word Robert Jennings
Bought by
Maltin Leonard and Maltin Alice
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
6.52%
Purchase Details
Closed on
Dec 21, 1999
Sold by
Colombia Rick
Bought by
Word Ii Robert Jennings and Word Laura Lizer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.68%
Purchase Details
Closed on
Aug 28, 1997
Sold by
Nemeth Paul Tr Nemeth Trust
Bought by
Colombia Rick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.42%
Similar Homes in Burbank, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Majstorich Zelko | -- | Consumers Title Company | |
| Majstorich Michelle Elisabeth | -- | Consumers Title Company | |
| The Zelko & Liane Majstorich Family Trus | -- | None Available | |
| Majstorich Zelko | $726,000 | Fidelity | |
| Wilkins Thomas W | -- | None Available | |
| Wilkins Thomas W | $750,000 | Alliance Title Company | |
| Maltin Leonard | -- | -- | |
| Maltin Leonard | $375,000 | Fidelity National Title | |
| Word Ii Robert Jennings | $260,000 | First American Title Co | |
| Colombia Rick | $205,000 | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Majstorich Michelle Elisabeth | $530,600 | |
| Closed | Majstorich Zelko | $544,500 | |
| Previous Owner | Wilkins Thomas W | $525,000 | |
| Previous Owner | Maltin Leonard | $228,000 | |
| Previous Owner | Maltin Leonard | $225,000 | |
| Previous Owner | Word Ii Robert Jennings | $150,000 | |
| Previous Owner | Word Ii Robert Jennings | $150,000 | |
| Previous Owner | Colombia Rick | $164,000 | |
| Closed | Colombia Rick | $20,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2015 03/19/15 | Sold | $726,000 | -6.9% | $439 / Sq Ft |
| 01/22/2015 01/22/15 | Pending | -- | -- | -- |
| 10/31/2014 10/31/14 | For Sale | $779,977 | -- | $472 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,692 | $855,424 | $513,727 | $341,697 |
| 2023 | $9,512 | $838,652 | $503,654 | $334,998 |
| 2022 | $9,082 | $822,209 | $493,779 | $328,430 |
| 2021 | $9,045 | $806,089 | $484,098 | $321,991 |
| 2019 | $8,679 | $782,183 | $469,741 | $312,442 |
| 2018 | $8,547 | $766,847 | $460,531 | $306,316 |
| 2016 | $8,116 | $737,071 | $442,649 | $294,422 |
| 2015 | $7,202 | $650,000 | $578,900 | $71,100 |
| 2014 | -- | $650,000 | $578,900 | $71,100 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Korb
Seller's Agent in 2015
Brad Korb
Brad Korb Real Estate Group
(818) 859-0310
14 in this area
362 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB14232682
APN: 2483-014-006
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