NOT LISTED FOR SALE

250 N First St Unit 525 Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $868,000 - $894,000

2 Beds
3 Baths
1,390 Sq Ft
$599/mo HOA Fee

Last Sold September 26, 2023

Last sale price $810,000 $583 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,147/month

10 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Ralph Emerson Elementary School Rated A-
  • Gated Parking
  • 1.93 Acre Lot

About This Home

As of September 2023

Welcome to this top story condo at Burbank Collection! This beautifully upgraded 2 story condo is located near AMC theaters, many restaurants, and shopping malls. As you enter the entrance, an open light drenched living room and dinning area welcomes you home. This quiet unit offers you an open floor plan, two primary bedrooms, large walk-in closet, private patio, in-unit washer/dryer, upgraded finishes and a gourment kitchen. From the balcony, you can enjoy the view of the pool and city lights. Gated private parking with 2 assigned side-by-side parking spaces adjacent to the elevator. Resort-like amenities including an outdoor pool, well-equipped gym, entertainment lounge, game room with billiard table, bocce ball court, putting green, BBQs, fire pit and fountain.

Last Agent to Sell the Property

Sophia Germano

Sotheby's International Realty License #02067520 Listed on: 08/10/2023

Sotheby's International Realty

Last Buyer's Agent

Sophia Germano

Sotheby's International Realty License #02067520

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,038

Year Built

  • Built in 2007

Lot Details

  • 1.93

HOA Fees

  • $599 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,390 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 2453-005-174

Community Details

Overview

  • 120 Units

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room
  • Card Room
  • Elevator

Recreation

  • Bocce Ball Court
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,038

Year Built

Built in 2007

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: The Burbank Collection
  • Entry Floor: 5
  • Living Area: 1390
  • Lot Acreage: 1.9333
  • Planned Urban Dev: 0
  • Unit Floor In Building: 5
  • Year Built: 2007
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Freezer, Garbage Disposal, Dryer, Dishwasher, Built-Ins
  • Price Per S Q F T: 571.94

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Covered Parking, Tandem, Private Garage, Garage - 2 Car, Parking for Guests - Onsite, Parking Space
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Exterior Security Lights, Community, Carbon Monoxide Detector(s), Smoke Detector, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Bocce Ball Court, Card Room, Clubhouse, Controlled Access, Elevator, Exercise Room, Fire Pit, Fitness Center, Gated Community, Guest Parking, Gated Parking, Meeting Room

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 599.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2453-005-174
  • Lot Size Area: 84216

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 20, 2023
Sold by
Ricketson Darrell D and Ricketson Wanda S
Bought by
Petrosyan Nora
Seller's Agent
Sophia Germano
Sotheby's International Realty
Buyer's Agent
Sophia Germano
Sotheby's International Realty
List Price
$795,000
Sold Price
$810,000
Premium/Discount to List
$15,000
1.89%
Views
292
Current Estimated Value
$881,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,675
Avg. Annual Appreciation
4.49%
Original Mortgage
$648,000
Outstanding Balance
$635,476
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$246,199

Purchase Details

Listed on
Mar 1, 2020
Closed on
Mar 14, 2020
Sold by
Tafesse Belay M and Ricketson Wanda S
Bought by
Ricketson Darrell D and Ricketson Wanda S
Seller's Agent
Kirt Kingzett
Coldwell Banker Realty
Buyer's Agent
Sophia Germano
Sotheby's International Realty
List Price
$659,500
Sold Price
$662,000
Premium/Discount to List
$2,500
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Apr 28, 2011
Sold by
Tafesse Belay M
Bought by
Tafesse Belay M and Yosief Hanna
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Petrosyan Nora $810,000 Equity Title Company
Ricketson Darrell D $662,000 Lawyers Title
Tafesse Belay M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrosyan Nora $648,000
Previous Owner Tafesse Belay M $496,620
Previous Owner Tafesse Belay M $493,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $810,000 +1.9% $583 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $795,000 +20.1% $572 / Sq Ft
04/06/2020 04/06/20 Sold $662,000 +0.4% $476 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $659,500 0.0% $474 / Sq Ft
08/04/2018 08/04/18 Rented $3,195 0.0% --
07/17/2018 07/17/18 For Rent $3,195 -- --
Source: The MLS

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 $9,038 $826,200 $510,000 $316,200
2024 $9,038 $810,000 $500,000 $310,000
2023 $7,854 $695,878 $275,408 $420,470
2022 $7,494 $682,234 $270,008 $412,226
2021 $7,465 $668,858 $264,714 $404,144
2020 $6,323 $572,432 $114,482 $457,950
2019 $6,133 $561,209 $112,238 $448,971
2018 $6,096 $550,206 $110,038 $440,168
2016 $5,783 $528,843 $105,766 $423,077
2015 $5,664 $520,900 $104,178 $416,722
2014 $5,365 $485,000 $97,000 $388,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sophia Germano

    Sotheby's International Realty

    Section Image
  • Kirt Kingzett

    Seller's Agent in 2020

    Kirt Kingzett

    Coldwell Banker Realty

    (323) 445-6340

    6 in this area

    23 Total Sales

    Kirt Kingzett
    Section Image

  • S

    Buyer's Agent in 2018

    Shamean Price

See All Agents

Map

Source: The MLS

MLS Number: 23-299539

The MLS

APN: 2453-005-174

California Los Angeles County Burbank 91502 Downtown Burbank

250 N First St Unit 525, Burbank, CA

This home is located at 250 N First St Unit 525, Burbank, CA 91502 since 10 August 2023 and is currently estimated at $881,675, approximately $634 per square foot. This property was built in 2007. 250 N First St Unit 525 is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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