NOT LISTED FOR SALE

2300 N Niagara St Burbank, CA 91504

Airport District Neighborhood

Estimated Value: $1,073,000 - $1,312,172

4 Beds
3 Baths
1,853 Sq Ft
$645/Sq Ft Est. Value

Last Sold September 13, 2012

Last sale price $520,000 $281 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $6,359/month

18 Days on Market

Highlights

  • Ranch Style House
  • Double Pane Windows
  • No Heating
  • Providencia Elementary School Rated A-
  • Vinyl Flooring
  • 4-minute walk to Robert Gross Park

About This Home

As of September 2012

Standard real estate sale. Two bedroom house in rear with two attached one car garages. Duplex in front made up of two, one bedrom - one bathroom units. Duplex has a small laundry room with machines owned by # B tenant. Long time owners now selling. One partner is a Ca Real Estate Licensee. During the course of ownership, windows replaced, exterior doors replaced, copper plumbing, new sewer lines, new landscaping. # A has a new Oak kitchen. # B needs work in kitchen. Automatic sprinklers, timer in laundry room. Unit A just starting 6 mo lease then mo/mo. B & C rented on a mo/mo basis. Interior inspection with accepted offer.

Last Agent to Sell the Property

Richard Jessup

Wave Crest Financial Group Inc License #01073918 Listed on: 05/26/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $208

Year Built

  • Built in 1955

Lot Details

  • 6,652 Sq Ft Lot
  • Lot Dimensions are 50 x 136

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,853 Sq Ft Home
  • Double Pane Windows
  • Vinyl Flooring

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 118
  • Tax Tract Number 9443
  • Assessor Parcel Number 2464008047

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,320
  • Professional Management Expense $2,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$208

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 176330
  • Professional Management Expense: 2184.00
  • View: No
  • Zoning: BUR4
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 2464008047
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Appliances: No
  • Price Per Square Foot: 280.63
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50 x 136
  • Lot Size Sq Ft: 6652.00
  • Lot Size Acres: 0.1530

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Multiplier: 15.20
  • Gross Scheduled Income: 34800.00
  • Lot Size Area: 6652.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Carpet: 3
  • Number With Disposal: 3

Tax Info

  • Tax Area: 2530
  • Tax Lot: 118
  • Tax Tract Number: 9443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2012
Closed on
Oct 24, 2012
Sold by
Kaplan Jeffrey and Boren Ronald James
Bought by
Burbank Housing Corporation
Seller's Agent
Richard Jessup
Wave Crest Financial Group Inc
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%
Current Estimated Value
$1,196,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,043
Avg. Annual Appreciation
6.59%
Original Mortgage
$427,738
Outstanding Balance
$295,076
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$900,967

Purchase Details

Closed on
Aug 19, 1994
Sold by
World S & L Assn Fsla
Bought by
Kaplan Jeffrey and Boren Ronald James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 18, 1993
Sold by
Golden West Svgs Assn Service
Bought by
World S & L Assn
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
Burbank Housing Corporation $520,000 Chicago Title Company
Kaplan Jeffrey $180,000 Fidelity National Title Ins
World S & L Assn $235,041 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burbank Housing Corporation $427,738
Previous Owner Kaplan Jeffrey $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2012 09/13/12 Sold $520,000 -1.7% $281 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $529,000 -- $285 / 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 $208 $645,873 $554,138 $91,735
2024 $208 $633,210 $543,273 $89,937
2023 $208 $620,795 $532,621 $88,174
2022 $201 $608,624 $522,178 $86,446
2021 $187 $596,691 $511,940 $84,751
2020 $184 $590,573 $506,691 $83,882
2019 $282 $578,994 $496,756 $82,238
2018 $167 $567,642 $487,016 $80,626
2016 $163 $545,602 $468,105 $77,497
2015 $163 $537,407 $461,074 $76,333
2014 $187 $526,881 $452,043 $74,838
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Richard Jessup

    Wave Crest Financial Group Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S699382

California Regional Multiple Listing Service (CRMLS)

APN: 2464-008-047

California Los Angeles County Burbank 91504 Airport District

2300 N Niagara St, Burbank, CA

This home is located at 2300 N Niagara St, Burbank, CA 91504 since 26 May 2012 and is currently estimated at $1,196,043, approximately $645 per square foot. This property was built in 1955. 2300 N Niagara St is a home located in Los Angeles County with nearby schools including Providencia Elementary School, Luther Burbank Middle School, and Burbank High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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