NOT LISTED FOR SALE

3003 W Riverside Dr Unit 201 Burbank, CA 91505

Media District Neighborhood

Estimated Value: $767,000 - $1,010,766

2 Beds
2 Baths
1,272 Sq Ft
$470/mo HOA Fee

Last Sold May 22, 2024

Last sale price $725,000 $570 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,643/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.47 Acre Lot
  • High Ceiling
  • R. L. Stevenson Elementary School Rated A
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of May 2024

Beautiful single level unit in one of the most desirable buildings in the Burbank Rancho. Comfortable sized living room, open to dining and spacious kitchen. Kitchen is light and bright with under the counter lighting. Large pantry shelves. Many designer touches like crown molding, luxury vinyl flooring, plantation shutters, recessed lighting. A primary suite with walk in closet and an attached bath. Laundry closet In the hallway with loads of storage space. Charming communal courtyard, Two assigned parking spaces (Tandem) Easy freeway access and located near studios, shopping, and restaurants.

Last Agent to Sell the Property

Karen Volpei

Equity Union License #01351913 Listed on: 04/19/2024

Equity Union

Co-Listed By

Barry and Karen Gussow

Equity Union License #01509371

Last Buyer's Agent

Peter Yacoob

Vantage View Realty, Inc. License #01413551

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,398

Year Built

  • Built in 2002

Lot Details

  • 1 Common Wall
  • Security Fence

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,272 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Living Room Balcony
  • Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 53495
  • Assessor Parcel Number 2485025056
  • $149 per year additional tax assessments

Community Details

Overview

  • 20 Units
  • Niagara & Riverside HOA, Phone Number (888) 999-6575
  • Golden Estate Management HOA

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,398

Year Built

Built in 2002

Lot Details

0

HOA Fees

$470 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Zoning: BUR4*
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2485025056
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1272.00 Square Feet
  • Interior Amenities: Crown Molding, Elevator, High Ceilings, Living Room Balcony, Recessed Lighting, Tile Counters
  • Stories: 3
  • Entry Location: Front door
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 569.97
  • Room Type: All Bedrooms Down, Laundry, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Security
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • 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: Earthquake Insurance, Trash, Pet Rules
  • Association Fee: 470.35
  • Association Fee Frequency: Monthly
  • Association Name: Niagara & Riverside HOA
  • Phone: 888-999-6575 x30
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Golden Estate Management

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 20673.00
  • Lot Size Acres: 0.4746

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20673.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 3116.01
  • Tax Lot: 1
  • Tax Tract Number: 53495
  • TaxOtherAnnualAssessmentAmount: 149.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 2, 2024
Sold by
Schultz Nicholas Bernard Coolon and Schultz Alliso
Bought by
Navasartian Araks and Koestline Vahe
Seller's Agent
Karen Volpei
Equity Union
Buyer's Agent
Peter Yacoob
Vantage View Realty, Inc.
List Price
$679,000
Sold Price
$725,000
Premium/Discount to List
$46,000
6.77%
Views
60
Current Estimated Value
$859,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,192
Avg. Annual Appreciation
13.40%
Original Mortgage
$435,000
Outstanding Balance
$428,830
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$430,362

Purchase Details

Closed on
Mar 3, 2020
Sold by
Semerano Francis A and Semerano Frank Anthony
Bought by
Schultz Nicholas Bernard Coolon and Schultz Allison Roseanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,200
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2008
Sold by
Accredited Reo Properties Llc
Bought by
Semerano Joseph M

Purchase Details

Closed on
Apr 25, 2008
Sold by
Diman Alaric Patrick
Bought by
Accredited Reo Properties Llc

Purchase Details

Closed on
Jun 14, 2007
Sold by
Bennett Timothy S and Bennett Amy
Bought by
Diman Alaric Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,050
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2002
Sold by
Niagara Llc
Bought by
Bennett Timothy S and Bennett Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.86%
Source: Public Records

Range of Values:

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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
Navasartian Araks $725,000 Chicago Title Company
Schultz Nicholas Bernard Coolon $616,000 Orange Coast Title Company
Semerano Joseph M $385,000 United Title Co La Title
Accredited Reo Properties Llc $480,000 Lsi Title Company Ca
Diman Alaric Patrick $539,000 Southland Title
Bennett Timothy S -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navasartian Araks $435,000
Previous Owner Schultz Nicholas Bernard Coolon $585,200
Previous Owner Diman Alaric Patrick $512,050
Previous Owner Bennett Timothy S $173,000
Closed Bennett Timothy S $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $725,000 +6.8% $570 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $679,000 0.0% $534 / Sq Ft
06/30/2017 06/30/17 Rented $2,500 -2.0% --
06/21/2017 06/21/17 Price Changed $2,550 -3.8% $2 / Sq Ft
05/18/2017 05/18/17 Price Changed $2,650 -5.4% $2 / Sq Ft
05/04/2017 05/04/17 For Rent $2,800 +14.3% --
06/19/2014 06/19/14 Rented $2,450 0.0% --
05/20/2014 05/20/14 Under Contract -- -- --
05/04/2014 05/04/14 For Rent $2,450 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,398 $739,500 $498,984 $240,516
2024 $7,398 $660,473 $465,548 $194,925
2023 $7,319 $647,523 $456,420 $191,103
2022 $6,984 $634,827 $447,471 $187,356
2021 $6,957 $622,381 $438,698 $183,683
2020 $5,141 $457,319 $280,221 $177,098
2019 $4,988 $448,353 $274,727 $173,626
2018 $4,953 $439,563 $269,341 $170,222
2016 $4,699 $422,496 $258,883 $163,613
2015 $4,604 $412,515 $255,546 $156,969
2014 $4,554 $404,436 $250,541 $153,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24078374

California Regional Multiple Listing Service (CRMLS)

APN: 2485-025-056