NOT LISTED FOR SALE

Estimated Value: $1,117,000 - $1,525,000

5 Beds
4 Baths
2,298 Sq Ft
$555/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $659,000 $287 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,505/month

338 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Dual Staircase
  • Cooling System Mounted To A Wall/Window
  • Providencia Elementary School Rated A-
  • No HOA
  • 3-minute walk to Robert E Lundigan Park

About This Home

As of August 2014

Potential Galore in Burbank: Large Family's Dream Home, Big 3 Bedrooms, 2 baths, plus over 700 Square Feet Semi-Finished Attic, private Front Yard, lots of Owner's parking Plus over $2,000 rental income per Month:
The above is located about a mille East from Bob Hope Airport, not far from most Studios, Parks, Good Schools, Great Shopping Centers, Transportation plus all the good our Beautiful Burbank has to offer & within 15 Milles from Hollywood & Downtown Los Angeles.

Last Agent to Sell the Property

SIG VERANO

Better Homes and Gardens Real Estate Town Center License #00666957 Listed on: 08/11/2013

Better Homes and Gardens Real Estate Town Center

Last Buyer's Agent

SIG VERANO

Better Homes and Gardens Real Estate Town Center License #00666957 Listed on: 08/11/2013

Better Homes and Gardens Real Estate Town Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,908

Year Built

  • Built in 1952

Lot Details

  • 6,949 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Parking Spaces

Interior Spaces

  • 2,298 Sq Ft Home
  • Dual Staircase
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 147
  • Tax Tract Number 9443
  • Assessor Parcel Number 2464005009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $600
  • New Taxes Expense $8,700
  • Gross Income $3,850
  • Net Operating Income $35,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,908

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Other Phone Description: (818) 841 0944
  • Other Phone Number: 818)266 9974
  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 2464005009
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 286.77
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6949.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 3850.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6949.0000 Square Feet
  • Net Operating Income: 35900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 10300.00
  • Rent Control: No
  • Total Actual Rent: 2050.00

Tax Info

  • New Taxes Expense: 8700.00
  • Tax Lot: 147
  • Tax Tract Number: 9443
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2013
Closed on
Jul 28, 2014
Sold by
Resendiz Pablo and Martinez Nicolasa
Bought by
Chakmian Dikran and Chakmian Siranush
Seller's Agent
SIG VERANO
Better Homes and Gardens Real Estate Town Center
Buyer's Agent
SIG VERANO
Better Homes and Gardens Real Estate Town Center
List Price
$699,000
Sold Price
$659,000
Premium/Discount to List
-$40,000
-5.72%
Current Estimated Value
$1,275,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,667
Avg. Annual Appreciation
6.09%
Original Mortgage
$479,500
Outstanding Balance
$365,891
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$909,776

Purchase Details

Closed on
Jun 8, 2006
Sold by
Oruna Pedro Pablo
Bought by
Resendiz Pablo and Martinez Nicolasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Aguiar Idania
Bought by
Oruna Pedro Pablo

Purchase Details

Closed on
Feb 19, 2003
Sold by
Cruz Yraido and Cruz Olga M
Bought by
Oruna Pedro Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2002
Sold by
Cruz Yraido and Cruz Olga M
Bought by
Cruz Yraido and Cruz Olga M
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
Chakmian Dikran $659,000 Ortc
Resendiz Pablo $756,000 Lawyers Title
Oruna Pedro Pablo -- Gateway Title
Oruna Pedro Pablo $365,000 Gateway Title Company
Cruz Yraido -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chakmian Dikran $479,500
Previous Owner Resendiz Pablo $460,000
Previous Owner Oruna Pedro Pablo $346,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2014 08/05/14 Sold $659,000 -5.7% $287 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
08/11/2013 08/11/13 For Sale $699,000 -- $304 / 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 $8,908 $792,009 $479,532 $312,477
2024 $8,908 $776,480 $470,130 $306,350
2023 $8,815 $761,256 $460,912 $300,344
2022 $8,422 $746,330 $451,875 $294,455
2021 $8,383 $731,697 $443,015 $288,682
2019 $8,049 $709,996 $429,876 $280,120
2018 $7,896 $696,076 $421,448 $274,628
2016 $7,492 $669,049 $405,084 $263,965
2015 $7,341 $659,000 $399,000 $260,000
2014 $8,155 $720,000 $610,500 $109,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13162642

California Regional Multiple Listing Service (CRMLS)

APN: 2464-005-009