Landlord's Agent in 2023
Hovik Tahmasian
Coldwell Banker Hallmark Realty
(818) 618-4363
2 in this area
30 Total Sales
250 N First St Unit 408 Burbank, CA 91502
Downtown Burbank NeighborhoodEstimated Value: $689,294 - $754,000
1
Bed
2
Baths
1,020
Sq Ft
1.93
Acres
Highlights
- 1.93 Acre Lot
- Recreation Room
- Courtyard Views
- Ralph Emerson Elementary School Rated A-
- Furnished
- Community Pool
About This Home
As of March 2023Modern and upscale fully furnished quite condo with High ceilings and plenty of Natural light located in the heart of Downtown Burbank. Situated between Palm Dr & San Fernando Rd. AMC Plaza below movie theaters, trendy restaurants, many retail stores, art and food festivals, outdoor concerts and much more. This Luxury brand new furnished unit offers 1 large loft and 2 full baths with high ceilings, cozy living room, updated kitchen with a granite counter top. There is a convenient In-Unit laundry area, too. Gated private parking with 2 assigned side-by-side parking spaces with ample storage space. Resort-like amenities including a sparking outdoor pool, well-equipped gym, entertainment lounge, game room with billiard table, bocce ball court, putting green, BBQs, fire pit and fountain. Easy access to 5 freeway, Burbank airport and downtown LA. Convenient and prime location for a fun lifestyle - perfect for Burbank living!
Last Agent to Rent the Property
Coldwell Banker Hallmark Realty License #01892407 Listed on: 02/16/2023
Last Renter's Agent
Coldwell Banker Hallmark Realty License #01892407 Listed on: 02/16/2023
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $6,784
Year Built
- Built in 2007
Lot Details
- 1.93
Parking
- 2 Car Garage
Interior Spaces
- 1,020 Sq Ft Home
- Furnished
- Recreation Room
- Loft
- Courtyard Views
- Laundry Room
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 2 Full Bathrooms
Additional Features
- Two or More Common Walls
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Security Deposit $5,500
- Rent includes sewer, trash collection, water
- 12-Month Minimum Lease Term
- Available 2/17/23
- Tax Lot 1
- Tax Tract Number 62742
- Assessor Parcel Number 2453005114
Community Details
Overview
- Property has a Home Owners Association
- 118 Units
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2022
Closed on
Oct 26, 2022
Sold by
Kim Hee J and Kim Bo K
Bought by
Poghosyan Vigen
Seller's Agent
Kenneth Chu
Dream Realty La Crescenta
Buyer's Agent
Hovik Tahmasian
Coldwell Banker Hallmark Realty
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%
Views
26
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
$118,574
Avg. Annual Appreciation
6.26%
Purchase Details
Closed on
Aug 11, 2011
Sold by
Burbank Collection Ltd
Bought by
Kim Hee J and Kim Bo K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Poghosyan Vigen | $595,000 | Wfg National Title | |
| Kim Hee J | $365,000 | Stewart Title Of California |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kim Hee J | $152,000 | |
| Previous Owner | Kim Hee J | $187,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2023 03/27/23 | Rented | $4,495 | 0.0% | -- |
| 03/14/2023 03/14/23 | Price Changed | $4,495 | -10.0% | $4 / Sq Ft |
| 03/03/2023 03/03/23 | Price Changed | $4,995 | -9.2% | $5 / Sq Ft |
| 02/16/2023 02/16/23 | For Rent | $5,500 | 0.0% | -- |
| 10/27/2022 10/27/22 | Sold | $595,000 | -8.5% | $583 / Sq Ft |
| 09/12/2022 09/12/22 | For Sale | $650,000 | -- | $637 / 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 | $6,784 | $619,038 | $312,120 | $306,918 |
| 2024 | $6,784 | $606,900 | $306,000 | $300,900 |
| 2023 | $6,711 | $595,000 | $300,000 | $295,000 |
| 2022 | $4,773 | $432,008 | $301,816 | $130,192 |
| 2021 | $4,753 | $423,539 | $295,899 | $127,640 |
| 2019 | $4,559 | $410,978 | $287,123 | $123,855 |
| 2018 | $4,531 | $402,921 | $281,494 | $121,427 |
| 2016 | $4,300 | $387,277 | $270,564 | $116,713 |
| 2015 | $4,213 | $381,460 | $266,500 | $114,960 |
| 2014 | $4,204 | $373,989 | $261,280 | $112,709 |
Source: Public Records
Agents Affiliated with this Home
-
Hovik Tahmasian
-
Kenneth Chu
K
Seller's Agent in 2022
Kenneth Chu
Dream Realty La Crescenta
(213) 507-4346
1 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23027482
APN: 2453-005-114
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