Seller's Agent in 2018
Ryan Asao
KW Executive
(626) 253-4557
85 Total Sales
250 N First St Unit 317 Burbank, CA 91502
Downtown Burbank NeighborhoodEstimated Value: $456,000 - $628,000
1
Bed
1
Bath
650
Sq Ft
$375/mo
HOA Fee
Highlights
- Fitness Center
- In Ground Pool
- 84,258 Sq Ft lot
- Ralph Emerson Elementary School Rated A-
- Updated Kitchen
- Open Floorplan
About This Home
As of January 2018This beautiful unit is part of the Burbank Collection, an upscale condominium complex located in the heart of downtown Burbank. For a limited time, the condo is being offered under Burbank’s Housing Affordability Program (see important qualifying details below). The condo has a spacious and open layout with a large living room, plenty of natural light, a large washer/dryer pantry, 2 tandem parking spaces, and additional storage in the underground parking area. The complex features amazing amenities: a state of the art gym, basic Direct Tv service, water, trash, gas, a relaxing outdoor pool, an entertainment lounge with a pool table and flat screen TV, an outdoor putting green, patio BBQ stations, a gas fire pit, even a Bocce ball court. With too many amenities to mention please don't miss this great opportunity for a first-time buyer!
Prospective purchasers *MUST* be income-qualified by the City of Burbank. Income guideline for the city’s affordable sales price: Buyer must make between $50,500-$54,450 for 1 person - purchase price will be $224,672 * $57,700-$62,200 for 2 people - purchase price will be $252,080 * $64,900-$70,000 for 3 people - purchase price will be $293,512. The City will be pre-screening the potential buyer so you MUST make between those ranges (NO EXCEPTIONS). Minimum 5% down payment. Buyer must assume a silent second loan, which does not require interest or monthly payments as long as the buyer follows city requirements * Must be owner occupied!
Co-Listed By
Mark Mynhier
KW Executive License #01223321
Property Details
Home Type
- Condominium
Year Built
- Built in 2007 | Remodeled
Lot Details
- Two or More Common Walls
- Landscaped
HOA Fees
- $375 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Assigned Parking
- Community Parking Structure
Home Design
- Turnkey
Interior Spaces
- 650 Sq Ft Home
- Open Floorplan
- Recessed Lighting
- Double Pane Windows
- Living Room
- Storage
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Kitchen Island
- Tile Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Remodeled Bathroom
- 1 Full Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Home Security
Outdoor Features
- In Ground Pool
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 62742
- Assessor Parcel Number 2453005080
Community Details
Overview
- Master Insurance
- 100 Units
- Burbank Collection Association, Phone Number (626) 253-4557
- Maintained Community
Amenities
- Outdoor Cooking Area
- Community Fire Pit
- Community Barbecue Grill
- Billiard Room
- Recreation Room
- Laundry Facilities
- Community Storage Space
Recreation
- Bocce Ball Court
- Fitness Center
- Community Pool
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2017
Closed on
Dec 7, 2017
Sold by
Park Young E
Bought by
Schmitz Helen M
Seller's Agent
Ryan Asao
KW Executive
Buyer's Agent
kim kenefsky
Elevate Real Estate Agency
List Price
$293,500
Sold Price
$224,672
Premium/Discount to List
-$68,828
-23.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,213
Avg. Annual Appreciation
11.16%
Original Mortgage
$179,737
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 19, 2008
Sold by
Burbank Collection Ltd
Bought by
Park Young Eun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,150
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Schmitz Helen M | -- | First American Title Company | |
| Park Young Eun | $163,500 | Stewart Title Of California |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schmitz Helen M | $179,737 | |
| Previous Owner | Park Young Eun | $147,150 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2018 01/30/18 | Sold | $224,672 | -23.5% | $346 / Sq Ft |
| 12/06/2017 12/06/17 | For Sale | $293,500 | +30.6% | $452 / Sq Ft |
| 12/05/2017 12/05/17 | Pending | -- | -- | -- |
| 11/19/2017 11/19/17 | Off Market | $224,672 | -- | -- |
| 11/19/2017 11/19/17 | For Sale | $293,500 | +30.6% | $452 / Sq Ft |
| 10/31/2017 10/31/17 | Off Market | $224,672 | -- | -- |
| 10/30/2017 10/30/17 | For Sale | $293,500 | +30.6% | $452 / Sq Ft |
| 10/19/2017 10/19/17 | Off Market | $224,672 | -- | -- |
| 09/28/2017 09/28/17 | For Sale | $293,500 | +30.6% | $452 / Sq Ft |
| 09/06/2017 09/06/17 | Off Market | $224,672 | -- | -- |
| 08/28/2017 08/28/17 | For Sale | $293,500 | -- | $452 / 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 | $2,846 | $262,833 | $158,156 | $104,677 |
| 2024 | $2,846 | $257,680 | $155,055 | $102,625 |
| 2023 | $2,815 | $252,628 | $152,015 | $100,613 |
| 2022 | $2,684 | $247,676 | $149,035 | $98,641 |
| 2021 | $2,670 | $242,820 | $146,113 | $96,707 |
| 2019 | $2,559 | $235,620 | $141,780 | $93,840 |
| 2018 | $2,109 | $185,037 | $11,314 | $173,723 |
| 2016 | $1,922 | $177,854 | $10,876 | $166,978 |
| 2015 | $1,882 | $175,183 | $10,713 | $164,470 |
| 2014 | $1,881 | $171,753 | $10,504 | $161,249 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Asao
-
M
Seller Co-Listing Agent in 2018
Mark Mynhier
KW Executive
-
kim kenefsky
Buyer's Agent in 2018
kim kenefsky
Elevate Real Estate Agency
(951) 333-6566
47 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR17182011
APN: 2453-005-080
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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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