NOT LISTED FOR SALE

250 N First St Unit 401 Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $764,000 - $871,000

1 Bed
2 Baths
1,120 Sq Ft
$528/mo HOA Fee

Last Sold April 22, 2022

Last sale price $756,000 $675 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,533/month

14 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 1.93 Acre Lot
  • Ralph Emerson Elementary School Rated A-
  • City Lights View
  • Recreation Room

About This Home

As of April 2022

Welcome home to this modern and sophisticated Loft Style, top floor, corner unit condo located in the heart of Downtown Burbank at The Collection. This large, open concept layout boasts 1120 sq ft of living space on two separate levels - perfect for live+work from home with no one above you. Open the door and be greeted by warm, natural light which pours in from the floor-to-ceiling windows. Rich, wood floors throughout. Handsomely upgraded with upgraded stainless-steel kitchen appliances, Bosch in-unit W+D, LG fridge, and a bar with its own tap. Amenities include 2 side-by-side parking spaces, storage unit, an outdoor pool, putting green, BBQ, Fire pit, Club house, Rec Room, Gym and much more. Take the elevator and be instantly transported to an array of entertainment, movie theaters, coffee shops, dining and shopping choices await all around you. Minutes to Disney, NBC, Universal, Warner Bros and the new Whole Foods. Easy freeway access. Located within Burbank Unified School District.

Last Agent to Sell the Property

Alexandria Jack

Compass License #01952539 Listed on: 03/21/2022

Compass

Last Buyer's Agent

Stefanie Kahn

License #01850124

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $528 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Recreation Room
  • Loft
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Parking Garage Space

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2453-005-107

Community Details

Overview

  • 118 Units
  • Coro Community Management And Consulting Association
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Recreation Room
  • Community Storage Space
  • Elevator

Recreation

  • Bocce Ball Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$528 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: The Burbank Collection
  • Entry Floor: 4
  • Living Area: 1120
  • Lot Acreage: 1.9333
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2007
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Built-In Gas
  • Bedrooms: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, In Closet, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Elevator, Barbeque, Hood Fan, Microwave, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 566.96

Exterior Features

  • Other Features: Balcony, Sprinkler System, Sliding Glass Doors, Barbecue Private, High Ceilings (9 Feet+), End Unit
  • Pool Description: Heated And Filtered, In Ground, Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Heat Pump(s)
  • Heating: Heat Pump
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Bocce Ball Court, Controlled Access, Elevator, Extra Storage, Fire Pit, Fitness Center, Guest Parking, Rec Multipurpose Rm, Pool
  • Pet Rules: Assoc Pet Rules, Call, Pets Permitted, Weight Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 528.00
  • Management Company: Coro Community Management and Consulting
  • HOA: Yes
  • Unit Location: 401

Lot Info

  • Assessor Parcel Number: 2453-005-107
  • Lot Size Area: 84216

Multi Family

  • Number Of Units: 118

MLS Schools

  • School District: Burbank Unified

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 15, 2022
Sold by
Karen S Shutty Trust
Bought by
Romero Carlos
Seller's Agent
Alexandria Jack
Compass
Buyer's Agent
Stefanie Kahn
List Price
$635,000
Sold Price
$756,000
Premium/Discount to List
$121,000
19.06%
Current Estimated Value
$805,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,596
Avg. Annual Appreciation
1.70%
Original Mortgage
$642,600
Outstanding Balance
$601,004
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$204,592

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 16, 2014
Sold by
Hotz Colleen
Bought by
Shutty Karen S and Karen S Shutty Trust
Seller's Agent
Terry Davis
Equity Union
Buyer's Agent
Vance Mizzi
eXp Realty of California Inc
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$380,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 27, 2012
Sold by
Fonacier Austin R
Bought by
Hotz Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2010
Sold by
Burbank Collection Ltd
Bought by
Fonacier Austin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.94%
Mortgage Type
New Conventional
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
Romero Carlos $756,000 Equity Title
Shutty Karen S $475,000 Chicago Title Company
Hotz Colleen $431,500 Lawyers Title
Fonacier Austin R $415,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Carlos $642,600
Previous Owner Shutty Karen S $380,000
Previous Owner Hotz Colleen $243,000
Previous Owner Fonacier Austin R $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $756,000 +19.1% $675 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $635,000 +33.7% $567 / Sq Ft
05/05/2014 05/05/14 Sold $475,000 0.0% $424 / Sq Ft View Prior Sale
03/26/2014 03/26/14 For Sale $475,000 -- $424 / Sq Ft
Source: The MLS

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 $8,763 $802,272 $488,155 $314,117
2024 $8,763 $786,542 $478,584 $307,958
2023 $8,669 $771,120 $469,200 $301,920
2022 $6,037 $548,694 $167,495 $381,199
2021 $6,013 $537,936 $164,211 $373,725
2019 $5,768 $521,983 $159,342 $362,641
2018 $5,735 $511,749 $156,218 $355,531
2016 $5,445 $491,878 $150,152 $341,726
2015 $5,334 $484,490 $147,897 $336,593
2014 $4,863 $433,458 $217,482 $215,976
Source: Public Records

Agents Affiliated with this Home

  • Alexandria Jack

    Seller's Agent in 2022

    Alexandria Jack

    Compass

    (213) 507-3959

    1 in this area

    99 Total Sales

    Alexandria Jack
    Section Image

  • S

    Buyer's Agent in 2022

    Stefanie Kahn

  • Lee Beckman

    Buyer Co-Listing Agent in 2022

    Lee Beckman

    Compass

    (310) 384-3933

    1 in this area

    19 Total Sales

    Lee Beckman
    Section Image
  • Terry Davis

    Seller's Agent in 2014

    Terry Davis

    Equity Union

    (818) 822-9232

    39 Total Sales

    Terry Davis
    Section Image
  • Vance Mizzi

    Buyer's Agent in 2014

    Vance Mizzi

    eXp Realty of California Inc

    (424) 634-8492

    22 Total Sales

    Vance Mizzi
    Section Image
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Map

Source: The MLS

MLS Number: 22-137369

The MLS

APN: 2453-005-107

California Los Angeles County Burbank 91502 Downtown Burbank

250 N First St Unit 401, Burbank, CA

Not Listed for Sale

Condos

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