NOT LISTED FOR SALE

305 E Valencia Ave Unit A Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $563,000 - $808,000

2 Beds
3 Baths
1,016 Sq Ft
$664/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $580,200 $571 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,137/month

2 Days on Market

Highlights

  • 0.33 Acre Lot
  • Neighborhood Views
  • Laundry Room
  • Joaquin Miller Elementary School Rated A-
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of April 2021

Burbank’s finest neighborhood! Close to EVERYTHING, this front unit 2 bedroom - double master style townhome will knock your socks off with the recent upgrades the owners have completed. The whole house has an extremely light feel with LED recessed adjustable mood lighting, large windows & a modern styled kitchen with quartz counter tops/ tiled backsplash, a deep single basin sink, wood shaker cabinets with pantry & hidden waste bin along with a space saving pocket microwave! Rich mocha wood floors & baseboards flow throughout the home extending into adjacent dining area & into the family room where there is an upgraded ½ guest bathroom. Gander up the bright skylit stairwell atop the landing there’s a brand-new water heater and a convenient laundry closet. Both good sized bedrooms have their own updated contemporary bathrooms, but the true master has a great balcony and view of the gorgeous Magnolia trees. Another HUGE bonus to this townhome is that it’s one of the LOWEST HOA’s around! Just under $200. No tandem parking here, you’ll get side by side spots (19 & 20) in the subterranean area. What a gem we have here!

Last Agent to Sell the Property

Jesse James Johnston

Rodeo Realty License #01732745 Listed on: 03/06/2021

Rodeo Realty

Co-Listed By

Yesenia Garcia

Rodeo Realty License #01782144

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1989

Lot Details

  • 0.33

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Interior Spaces

  • 1,016 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 49180
  • Assessor Parcel Number 2453037038

Community Details

Overview

  • 18 Units
  • Valencia Palms Townhomes Association, Phone Number (818) 240-6515
  • Management Professionals HOA

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 1989

Lot Details

0

HOA Fees

$194 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR4*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2453037038
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1016.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 571.06
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

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
  • Association Fee: 194.00
  • Association Fee Frequency: Monthly
  • Association Name: Valencia Palms Townhomes
  • Phone: 818-240-6515
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Management Professionals

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 14275.00
  • Lot Size Acres: 0.3277

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14275.0000 Square Feet
  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Census Tract: 3107.03
  • Tax Lot: 1
  • Tax Tract Number: 49180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Khodabakhshi Araz
Bought by
Nazarian Rafi and Khodabakhshi Araz
Current Estimated Value
$674,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$359,263
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$315,266

Purchase Details

Closed on
Mar 17, 2015
Sold by
Perez Mayra
Bought by
Khodabakhshi Araz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2012
Closed on
May 25, 2012
Sold by
Cordero Rudolph
Bought by
Punsalan Andrew
Seller's Agent
Edward Romero
Sunset Group Realty
Buyer's Agent
Paul Flick
Ramsey-Shilling Assoc.
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$188,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2006
Sold by
Kamarzarian Anita
Bought by
Cordero Rudolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Perez Mayra
Bought by
Toutounjian Raphael and Kamarzariana Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 24, 2006
Sold by
Perez Mayra
Bought by
Perez Tomas and Perez Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2004
Sold by
Gref Thomas
Bought by
Ramirez Mayra Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
Sevolan Sousanna
Bought by
Gref Thomas and Bonds Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.08%

Purchase Details

Closed on
Dec 15, 1998
Sold by
Sevoian Rubik
Bought by
Sevoian Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.78%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 14, 1998
Sold by
Sevoian Sousanna
Bought by
Sevoian Sousanna and Sevoian Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.78%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 30, 1998
Sold by
Shoji Leslie S
Bought by
Sevoian Sousanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.78%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nazarian Rafi -- Lawyers Title Company
Khodabakhshi Araz $385,000 Fidelity
Punsalan Andrew $235,000 Progressive Title Company
Cordero Rudolph $385,000 Fatcola
Toutounjian Raphael $322,000 None Available
Perez Tomas -- Old Republic Title Company
Ramirez Mayra Alejandra $322,000 First American Title Co Los
Gref Thomas $180,000 Equity Title
Sevoian Tamara -- Old Republic Title
Sevoian Sousanna -- Old Republic Title
Sevoian Sousanna $122,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazarian Rafi $405,000
Closed Khodabakhshi Araz $308,000
Previous Owner Punsalan Andrew $188,000
Previous Owner Cordero Rudolph $308,000
Previous Owner Perez Tomas $356,000
Previous Owner Ramirez Mayra Alejandra $228,800
Previous Owner Gref Thomas $171,000
Previous Owner Sevoian Sousanna $97,600
Closed Sevoian Sousanna $18,300
Closed Ramirez Mayra Alejandra $57,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2021 04/07/21 Sold $580,200 0.0% $571 / Sq Ft
03/10/2021 03/10/21 Off Market $580,200 -- --
03/09/2021 03/09/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $549,000 +133.6% $540 / Sq Ft
06/29/2012 06/29/12 Sold $235,000 -- $231 / Sq Ft View Prior Sale
05/11/2012 05/11/12 Pending -- -- --
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 $5,023 $462,700 $287,235 $175,465
2024 $5,023 $453,628 $281,603 $172,025
2023 $4,968 $444,734 $276,082 $168,652
2022 $4,739 $436,015 $270,669 $165,346
2021 $4,718 $427,466 $265,362 $162,104
2020 $4,664 $423,084 $262,642 $160,442
2019 $4,524 $414,790 $257,493 $157,297
2018 $4,492 $406,658 $252,445 $154,213
2016 $4,261 $390,870 $242,644 $148,226
2015 $3,762 $340,000 $236,600 $103,400
2014 $3,828 $340,000 $236,600 $103,400
Source: Public Records

Agents Affiliated with this Home

  • Jesse James Johnston

    Seller's Agent in 2021

    Jesse James Johnston

    Rodeo Realty

    (818) 326-0945

    1 in this area

    54 Total Sales

    Jesse James Johnston
    Section Image
  • Yesenia Garcia

    Seller Co-Listing Agent in 2021

    Yesenia Garcia

    Rodeo Realty

    (818) 634-2718

    1 in this area

    34 Total Sales

    Yesenia Garcia
    Section Image

  • E

    Seller's Agent in 2012

    Edward Romero

    Sunset Group Realty

    (818) 869-2080

    29 Total Sales

    Edward Romero
    Section Image

  • P

    Buyer's Agent in 2012

    Paul Flick

    Ramsey-Shilling Assoc.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21044429

California Regional Multiple Listing Service (CRMLS)

APN: 2453-037-039

California Los Angeles County Burbank 91502 Downtown Burbank

305 E Valencia Ave Unit A, Burbank, CA

Not Listed for Sale

Townhouses

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes