NOT LISTED FOR SALE

2312 N Reese Place Burbank, CA 91504

Hillside District Neighborhood

Estimated Value: $1,178,140 - $1,372,000

2 Beds
1 Bath
1,084 Sq Ft
$1,162/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $632,500 $583 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,300/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Laundry Room
  • Thomas Jefferson Elementary School Rated A
  • Living Room
  • Outdoor Grill

About This Home

As of January 2016

This beautiful, updated home will meet the most discerning buyer. The inviting front patio leads to an updated interior, featuring hardwood floors, central heat and air, a generously sized living room, a separate den with amazing natural lighting, and a spacious laundry room. The kitchen and bathroom are also both updated with granite countertops. The outdoor space is perfect for entertaining, as the huge backyard features a built-in outdoor grill station, concrete pad for furniture and a spa, a kids play set, and a storage shed. Make the backyard yours with flowers, fruit trees, or veggie plants. Do not miss out on this gem of an opportunity to buy in one of Burbank's nicest neighborhoods.

Last Agent to Sell the Property

Stephen Svetich

Stephen Svetich License #01404996 Listed on: 09/07/2015

Last Buyer's Agent

Stephen Svetich

Stephen Svetich License #01404996 Listed on: 09/07/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,314

Year Built

  • Built in 1942

Lot Details

  • 6,824 Sq Ft Lot
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,084 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2472-014-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,314

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1084
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1942
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 1
  • Equipment: Barbeque, Dishwasher, Gas Or Electric Dryer Hookup, Range/Oven
  • Fireplace: No
  • Price Per S Q F T: 575.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2472-014-029
  • Geocode Override: No
  • Lot Size Area: 6824

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2017
Sold by
Sharma Jay
Bought by
Sharma Manish and Parekh Rupali
Current Estimated Value
$1,259,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Outstanding Balance
$380,158
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$879,627

Purchase Details

Listed on
Sep 7, 2015
Closed on
Jan 25, 2016
Sold by
Mukherjee Debdatta
Bought by
Sharma Jay
Seller's Agent
Stephen Svetich
Stephen Svetich
Buyer's Agent
Stephen Svetich
Stephen Svetich
List Price
$624,000
Sold Price
$632,500
Premium/Discount to List
$8,500
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$474,375
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2015
Sold by
Lindberg Peter Anderson
Bought by
Sharma Manish and Parekh Rupali

Purchase Details

Closed on
Mar 20, 2008
Sold by
Lindberg Peter Anderson
Bought by
Lindberg Peter Anderson and Rhodes Ginette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1999
Sold by
Foy John F
Bought by
Lindberg Peter Anderson and Rhodes Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
7.87%
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
Sharma Manish -- Entitle Insurance Company
Sharma Jay -- Title 365
Sharma Manish $632,500 Title 365
Lindberg Peter Anderson -- Chicago Title Company
Lindberg Peter Anderson $235,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Manish $468,000
Closed Sharma Jay $474,375
Previous Owner Lindberg Peter Anderson $310,000
Previous Owner Lindberg Peter Anderson $223,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $632,500 +1.4% $583 / Sq Ft
10/31/2015 10/31/15 For Sale $624,000 0.0% $576 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/07/2015 09/07/15 For Sale $624,000 -- $576 / Sq Ft
Source: The MLS

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 $8,314 $883,110 $600,494 $282,616
2024 $8,314 $747,264 $588,723 $158,541
2023 $8,224 $732,613 $577,180 $155,433
2022 $7,848 $718,249 $565,863 $152,386
2021 $7,819 $704,167 $554,768 $149,399
2019 $7,514 $683,283 $538,314 $144,969
2018 $7,498 $669,886 $527,759 $142,127
2016 $3,432 $305,098 $244,082 $61,016
2015 $3,363 $300,516 $240,416 $60,100
2014 $3,361 $294,630 $235,707 $58,923
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Stephen Svetich

    Stephen Svetich

See All Agents

Map

Source: The MLS

MLS Number: 15-939263

The MLS

APN: 2472-014-029

California Los Angeles County Burbank 91504 Hillside District

2312 N Reese Place, Burbank, CA

This home is located at 2312 N Reese Place, Burbank, CA 91504 since 07 September 2015 and is currently estimated at $1,259,785, approximately $1,162 per square foot. This property was built in 1942. 2312 N Reese Place is a home located in Los Angeles County with nearby schools including Thomas Jefferson Elementary School, John Muir Middle School, and Burbank High School.

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