N
Seller's Agent in 2017
Nancy Weckwerth
The Virtual Realty Group
2317 N Niagara St Unit A Burbank, CA 91504
Airport District NeighborhoodEstimated Value: $1,446,000 - $1,737,345
5
Beds
3
Baths
2,724
Sq Ft
$567/Sq Ft
Est. Value
Highlights
- Property is near a park
- Private Yard
- Fireplace
- Providencia Elementary School Rated A-
- No HOA
- 4-minute walk to Robert E Lundigan Park
About This Home
As of July 2017Charming triplex with loads of interior upgrades. Fabulous Burbank Location: easy to keep rented! Short hop, skip, and a jump to Burbank studios. Access to public transportation at each corner of Niagara St. Large shared backyard. 3 separate addresses: "2317" is a 1 bedroom downstairs, "2317 A" is listed as a 1 bedroom with assessor but is actually a 2 bedroom, downstairs. "2319" is the entire second floor. It is a large 2 bedroom with mountain views, bonus room, and a back porch. 4 car assigned parking in front yard. Garage can be rented out as storage unit. 2 units have washer/dryer included. 1 unit has washer/dryer hookups on the back patio. Ideal opportunity for investor who wants cash flow. Rents are currently below market. Unit financial data inaccurate as one unit is owner occupied. Check with City of Burbank for zoning options. Owner/occupant is a REALTOR. BRE# 01797003. This property is being sold As-Is. No repairs will be done by seller.
Last Agent to Sell the Property
Nancy Weckwerth
The Virtual Realty Group License #01797003 Listed on: 03/13/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,524
Year Built
- Built in 1947 | Remodeled
Lot Details
- 6,982 Sq Ft Lot
- Two or More Common Walls
- East Facing Home
- Private Yard
- Back Yard
Parking
- 4 Open Parking Spaces
- 1 Car Garage
- Parking Available
- Private Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Triplex
- Asphalt Roof
Interior Spaces
- 2,724 Sq Ft Home
- 2-Story Property
- Fireplace
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Property is near a park
- Property is near public transit
- Urban Location
Utilities
- Cooling Available
- Heating Available
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, sewer, trash collection
- Tax Lot 143
- Tax Tract Number 9443
- Assessor Parcel Number 2464005005
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $450
- Water Sewer Expense $420
- New Taxes Expense $16,112
- Operating Expense $16,982
- Gross Income $6,000
- Net Operating Income $30,898
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 26, 2019
Sold by
Gharamanians Jilibert and Evazyan Rita
Bought by
Evazyan Rita and Gharamanians Jilbert
Current Estimated Value
Purchase Details
Closed on
Jun 28, 2019
Sold by
Evazyan Llc
Bought by
Gharamanians Jilbert and Evazyan Rita
Purchase Details
Listed on
Mar 13, 2017
Closed on
Jun 19, 2017
Sold by
Weckwerth Nancy
Bought by
Evazyan Llc
Seller's Agent
Nancy Weckwerth
The Virtual Realty Group
Buyer's Agent
Pattyl Kasparian
Serene Realty, Inc.
List Price
$1,350,000
Sold Price
$1,075,000
Premium/Discount to List
-$275,000
-20.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Purchase Details
Closed on
Jun 18, 2004
Sold by
Weckwerth Nancy Lee
Bought by
Weckwerth Nancy and The Nancy Weckwerth Revocable Living Tr
Purchase Details
Closed on
Jun 11, 2004
Sold by
Geovshanyan Vardan
Bought by
Weckwerth Nancy Lee
Purchase Details
Closed on
Mar 25, 2004
Sold by
Kalaitzian Batvagan Paul and Kalaitzian Olga
Bought by
Geovshanyan Vardan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,400
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 20, 1996
Sold by
Pacific Thrift & Loan Assn
Bought by
Kalaitzian Batvagan Paul and Kalaitzian Olga
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.87%
Purchase Details
Closed on
Jan 30, 1996
Sold by
Spencer Carol A and Pacific Thrift & Loan Company
Bought by
Pacific Thrift & Loan Company
Purchase Details
Closed on
Sep 8, 1993
Sold by
Spencer Carol A and The Patricia Lee Slack Ford Tr
Bought by
Spencer Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,379
Interest Rate
7.25%
Purchase Details
Closed on
Aug 4, 1993
Sold by
Spencer Carol A and The Patricia Lee Slack Ford Tr
Bought by
Spencer Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,379
Interest Rate
7.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Evazyan Rita | -- | Accommodation | |
| Gharamanians Jilbert | -- | None Available | |
| Evazyan Llc | $1,075,000 | Ticor Title Company | |
| Weckwerth Nancy | -- | -- | |
| Weckwerth Nancy Lee | $629,000 | Gateway Title Company | |
| Geovshanyan Vardan | -- | Gateway Title Company | |
| Kalaitzian Batvagan Paul | $170,000 | Chicago Title | |
| Pacific Thrift & Loan Company | $65,164 | Stewart Title | |
| Spencer Carol A | -- | Commonwealth Land Title Co | |
| Spencer Carol A | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Geovshanyan Vardan | $370,400 | |
| Previous Owner | Kalaitzian Batvagan Paul | $136,000 | |
| Previous Owner | Spencer Carol A | $81,379 | |
| Closed | Weckwerth Nancy Lee | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2017 07/18/17 | Sold | $1,075,000 | -2.3% | $395 / Sq Ft |
| 05/30/2017 05/30/17 | Pending | -- | -- | -- |
| 05/17/2017 05/17/17 | Price Changed | $1,099,900 | -14.7% | $404 / Sq Ft |
| 04/04/2017 04/04/17 | Price Changed | $1,289,000 | -4.5% | $473 / Sq Ft |
| 03/13/2017 03/13/17 | For Sale | $1,350,000 | -- | $496 / 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 |
|---|---|---|---|---|
| 2025 | $13,524 | $1,223,163 | $910,261 | $312,902 |
| 2024 | $13,524 | $1,199,180 | $892,413 | $306,767 |
| 2023 | $13,380 | $1,175,667 | $874,915 | $300,752 |
| 2022 | $12,775 | $1,152,615 | $857,760 | $294,855 |
| 2021 | $12,722 | $1,130,016 | $840,942 | $289,074 |
| 2019 | $12,208 | $1,096,500 | $816,000 | $280,500 |
| 2018 | $12,077 | $1,075,000 | $800,000 | $275,000 |
| 2016 | $8,438 | $755,446 | $404,748 | $350,698 |
| 2015 | $8,268 | $744,100 | $398,669 | $345,431 |
| 2014 | $8,257 | $729,525 | $390,860 | $338,665 |
Source: Public Records
Agents Affiliated with this Home
-
-
Pattyl Kasparian
P
Buyer's Agent in 2017
Pattyl Kasparian
Serene Realty, Inc.
(818) 307-3939
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17050140
APN: 2464-005-005
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