NOT LISTED FOR SALE

Estimated Value: $3,094,000 - $3,758,000

4 Beds
5.5 Baths
4,650 Sq Ft
$716/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $2,075,000 $446 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $19,544/month

32 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • View of Hills
  • Thomas Jefferson Elementary School Rated A
  • Custom Home
  • Deck

About This Home

As of September 2017

Welcome to Mediterranean Paradise! This Luxury Estate is recently custom built in the heart of Burbank with 4.650 Square feet and 14,156 square foot flat double lot. Its Masterful design and first-class amenities are uniquely embodied in this 4-bedroom 5.5 bath haven. Highlights include soaring ceilings, granite counter-tops, marble staircase, Viking appliances, hard wood floors, stone tiles, two gas fireplaces, and so much more! Every detail was carefully selected in showcasing class and entertainment in style. This immaculate home offers formal dining and living rooms (both with romantic custom fireplaces), fully equipped kitchen with breakfast nook, spacious bedrooms (all with walk-in closets), Master suite with its generous space opens to a 500-sq. ft. patio/deck. The bathroom has a jet tub, separate and spacious shower, and built in cabinets. The gourmet kitchen will inspire your inner chef with its Vikings appliances, oven, warmer, and custom-made granite counter-tops. Enjoy your gatherings in grand style, with the entertainer’s backyard featuring heated pool, Jacuzzi, fire-pit, outdoor BBQ area (equipped with Viking appliances) for your hosting needs. This home also offers outdoor game room on one of the balconies, which contains a full-size pool table and beautiful modern bar. This amazing home is conveniently located near to major LA/Hollywood attractions, Disney Studios, shops, restaurants, and markets.

Last Agent to Sell the Property

Mike Harutunyan

Pinnacle Estate Properties License #01353419 Listed on: 07/13/2017

Pinnacle Estate Properties

Last Buyer's Agent

Brett Ehart

Brett Ehart, Broker License #01831383

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Irregular Lot
  • Density is 11-15 Units/Acre
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage

Property Views

  • Hills
  • Pool

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Copper Plumbing

Interior Spaces

  • 4,650 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Game Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 11959
  • Assessor Parcel Number 2472015030

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Architectural Style: Custom Built, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2472015030
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4650.00 Square Feet
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 446.24
  • Room Type: Entry, Formal Entry, Game Room, Kitchen, Laundry, Living Room, Master Suite, Recreation, Retreat, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Hills, Pool
  • Patio And Porch Features: Deck
  • Pool Features: Private, In Ground, Heated
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Irregular Lot, Level
  • Lot Size Sq Ft: 14156.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3104.00
  • Tax Lot: 3
  • Tax Tract Number: 11959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Sep 1, 2017
Sold by
Pilikyan Rose
Bought by
Papikyan Sarkis
Seller's Agent
Mike Harutunyan
Pinnacle Estate Properties
Buyer's Agent
Brett Ehart
Brett Ehart, Broker
List Price
$2,200,000
Sold Price
$2,075,000
Premium/Discount to List
-$125,000
-5.68%
Current Estimated Value
$3,327,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,252,500
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,500,000
Outstanding Balance
$1,246,246
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$2,081,254

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 17, 2017
Sold by
Karapetyan Anait
Bought by
Papikyan Avetis
Seller's Agent
Mike Harutunyan
Pinnacle Estate Properties
Buyer's Agent
Brett Ehart
Brett Ehart, Broker
List Price
$2,200,000
Sold Price
$2,075,000
Premium/Discount to List
-$125,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,246,246
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$2,081,254

Purchase Details

Closed on
Aug 7, 2012
Sold by
Nagapetian Asmik
Bought by
Nagapetian Asmik and Mouradian Elisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,250
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2007
Sold by
Holtz Linda Marie Sorthun and Estate Of Margaret Mary Sorthu
Bought by
Nagapetian Asmik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1994
Sold by
Terhune Josephine Anne
Bought by
Sorthun Margaret Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Papikyan Sarkis -- None Available
Papikyan Avetis -- None Available
Papikyan Sarkis $2,075,000 None Available
Nagapetian Asmik -- Lawyers Title Company
Nagapetian Asmik $800,000 Ticor Title
Sorthun Margaret Mary -- Southern California Title Co
Sorthun Margaret Mary -- Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papikyan Sarkis $1,500,000
Previous Owner Nagapetian Asmik $732,250
Previous Owner Nagapetian Asmik $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $2,075,000 -5.7% $446 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $2,200,000 0.0% $473 / Sq Ft
11/07/2016 11/07/16 Rented $9,900 0.0% --
11/02/2016 11/02/16 Under Contract -- -- --
09/09/2016 09/09/16 For Rent $9,900 +7.6% --
10/01/2014 10/01/14 Rented $9,200 -8.0% --
09/19/2014 09/19/14 Under Contract -- -- --
06/11/2014 06/11/14 For Rent $10,000 -- --
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 $25,932 $2,360,990 $1,820,524 $540,466
2024 $25,932 $2,314,697 $1,784,828 $529,869
2023 $28,113 $2,491,254 $1,690,915 $800,339
2022 $26,839 $2,442,407 $1,657,760 $784,647
2021 $24,396 $2,181,194 $1,681,885 $499,309
2020 $24,129 $2,158,830 $1,664,640 $494,190
2019 $23,408 $2,116,500 $1,632,000 $484,500
2018 $23,119 $2,075,000 $1,600,000 $475,000
2016 $16,793 $1,513,800 $887,662 $626,138
2015 $14,608 $1,321,000 $654,300 $666,700
2014 $14,848 $1,321,000 $654,300 $666,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17161029

California Regional Multiple Listing Service (CRMLS)

APN: 2472-015-030