NOT LISTED FOR SALE

Estimated Value: $387,000 - $565,000

1 Bed
1 Bath
650 Sq Ft
$419/ mo HOA Fee

Last Sold December 24, 2020

Last sale price $255,570 $393 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,148/month

270 Days on Market

Highlights

  • Fitness Center
  • 1.93 Acre Lot
  • Courtyard Views
  • Ralph Emerson Elementary School Rated A-
  • Property is near clubhouse
  • Community Pool

About This Home

As of December 2020

No more showings at this. Multiple offers received. Moderate Income (Income verification required) housing unit at The Burbank Collection, a condo complex located in the heart of downtown Burbank and next door to shops, eateries, movies and nightlife. This unit features a 650 sf open layout, natural light, central A/C and heating, laundry hookups, assigned garage parking/storage, and outdoor patio access to one of three courtyards. The complex features a gym, pool, lounge, putting green, bbq, fire pit, & bocce ball court. HOA dues include basic DirecTV, water, trash, and gas. Interested buyers must have a household size no greater than 3 persons and be screened by Listing Agent for income-eligibility: 1 person $58,450-$61,400; 2 persons $66,800-$70,150, and 3 persons $75,150-78,950 annual income range of all occupants. Affordable Purchase Price calculation will ultimately be made by the City of Burbank, and considers estimates for monthly HOA dues, utilities, and property tax. 5% minimum down payment, and buyer will assume a silent second loan (adjustable) that does not accrue interest nor require payments, and is forgivable. This qualifying information was provided by the City of Burbank and is deemed reliable but is not guaranteed to be accurate. All information subject to verification. **See supplement for details and process for screening. Must be owner occupied!

Last Agent to Sell the Property

NATASHA AASADORE

Engel & Völkers Burbank License #01366646 Listed on: 12/12/2019

Engel & Völkers Burbank

Last Buyer's Agent

Poursha Jackson

T.N.G. Real Estate Consultants License #02017921

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 1.93

HOA Fees

  • $419 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Interior Spaces

  • 650 Sq Ft Home
  • Fireplace
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Property is near clubhouse

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62742
  • Assessor Parcel Number 2453005090

Community Details

Overview

  • 118 Units
  • The Collection Association

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Billiard Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

1.93 Acres

HOA Fees

$419 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUC4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2453005090
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 650.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 393.18
  • Room Type: Kitchen, Laundry

Exterior Features

  • View: Courtyard
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Fire Pit, Barbecue, Gym/Ex Room, Billiard Room, Storage, Cable TV, Gas, Trash, Water
  • Association Fee: 419.00
  • Association Fee Frequency: Monthly
  • Association Name: The Collection
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Paved
  • Lot Size Sq Ft: 84216.00
  • Lot Size Acres: 1.9333

Multi Family

  • Lease Considered: No
  • Lot Size Area: 84216.0000 Square Feet
  • Number Of Units In Community: 118
  • Number Of Units Total: 118

Tax Info

  • Tax Census Tract: 3107.02
  • Tax Lot: 1
  • Tax Tract Number: 62742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2008
Sold by
Tessier Nikolle A
Bought by
Gheorghe Daniel L
Current Estimated Value
$461,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
6.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 2008
Sold by
Burbank Collection Ltd
Bought by
Gheorghe Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
6.5%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Gheorghe Daniel L -- Stewart Title Of California
Gheorghe Daniel L $163,500 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gheorghe Daniel L $226,500
Previous Owner Gheorghe Daniel L $147,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2020 12/24/20 Sold $255,570 0.0% $393 / Sq Ft
09/10/2020 09/10/20 For Sale $255,570 0.0% $393 / Sq Ft
09/01/2020 09/01/20 Off Market $255,570 -- --
09/01/2020 09/01/20 For Sale $255,570 0.0% $393 / Sq Ft
07/12/2020 07/12/20 Off Market $255,570 -- --
07/01/2020 07/01/20 For Sale $255,570 0.0% $393 / Sq Ft
06/21/2020 06/21/20 Off Market $255,570 -- --
06/21/2020 06/21/20 For Sale $255,570 0.0% $393 / Sq Ft
05/30/2020 05/30/20 Off Market $255,570 -- --
05/30/2020 05/30/20 For Sale $255,570 0.0% $393 / Sq Ft
05/13/2020 05/13/20 Off Market $255,570 -- --
02/07/2020 02/07/20 For Sale $255,570 0.0% $393 / Sq Ft
01/26/2020 01/26/20 Off Market $255,570 -- --
12/12/2019 12/12/19 For Sale $255,570 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,175 $277,100 $108,242 $168,858
2024 $3,077 $271,668 $106,120 $165,548
2023 $3,044 $266,342 $104,040 $162,302
2022 $2,904 $261,120 $102,000 $159,120
2021 $2,217 $194,503 $11,891 $182,612
2020 $2,192 $192,510 $11,770 $180,740
2019 $2,127 $188,737 $11,540 $177,197
2018 $2,109 $185,037 $11,314 $173,723
2017 $25 $181,410 $11,093 $170,317
2016 $1,998 $177,854 $10,876 $166,978
2015 $1,958 $175,183 $10,713 $164,470
2014 $1,958 $171,753 $10,504 $161,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19272358

California Regional Multiple Listing Service (CRMLS)

APN: 2453-005-090

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