NOT LISTED FOR SALE

306 E Cedar Ave Burbank, CA 91502

Downtown Burbank Neighborhood

Estimated Value: $1,060,000 - $1,432,000

3 Beds
2 Baths
1,876 Sq Ft
$668/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $615,000 $328 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,306/month

79 Days on Market

About This Home

As of March 2015

3 Units in Burbank. Total of 4 bedrooms and 3 bathrooms. Built in 1948. The total sqft is 1,876. The lot size is 7,089 sqft. Great curb appeal. Front is one unit, and two units in the back.

Last Agent to Sell the Property

Sebastian Stofenmacher

Edgestone Real Estate, Inc. License #01328684 Listed on: 02/16/2015

Last Buyer's Agent

Eric Bidkhanian

First Class Realty License #01247189

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,090 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,876 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 7973
  • Assessor Parcel Number 2453036021

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 2453036021
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 327.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7090.00
  • Lot Size Acres: 0.1630

Multi Family

  • Lot Size Area: 7090.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 7973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2015
Sold by
Aladadyan Alisa
Bought by
Aladadyan Alisa and Alisa Aladadyan 2015 Trust
Current Estimated Value
$1,252,333

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 23, 2015
Sold by
Hovagimyan Shunt
Bought by
Aladadyan Alisa
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Eric Bidkhanian
First Class Realty
List Price
$635,100
Sold Price
$615,000
Premium/Discount to List
-$20,100
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 16, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Aladadyan Alisa
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Eric Bidkhanian
First Class Realty
List Price
$635,100
Sold Price
$615,000
Premium/Discount to List
-$20,100
-3.16%

Purchase Details

Listed on
Feb 16, 2015
Closed on
Jan 27, 2015
Sold by
Nuanes Claudino
Bought by
Nationstar Mortgage Llc
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Eric Bidkhanian
First Class Realty
List Price
$635,100
Sold Price
$615,000
Premium/Discount to List
-$20,100
-3.16%

Purchase Details

Closed on
Dec 12, 2002
Sold by
Gonzalez Angeles Rosales
Bought by
Nuanes Claudino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Nuanes Ignacio
Bought by
Nuanes Claudino
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
Aladadyan Alisa -- None Available
Aladadyan Alisa -- Fatco
Aladadyan Alisa $646,000 Fatco
Nationstar Mortgage Llc $687,280 Accommodation
Nuanes Claudino -- First American Title Co
Nuanes Claudino -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nuanes Claudino $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2015 03/26/15 Sold $615,000 -3.2% $328 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $635,100 -- $339 / Sq Ft
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 $8,703 $776,087 $463,610 $312,477
2024 $8,703 $760,870 $454,520 $306,350
2023 $8,612 $745,952 $445,608 $300,344
2022 $8,227 $731,326 $436,871 $294,455
2021 $8,115 $716,987 $428,305 $288,682
2020 $8,026 $709,996 $423,914 $286,082
2019 $7,789 $696,082 $415,602 $280,480
2018 $7,633 $682,441 $407,453 $274,988
2016 $7,243 $655,597 $391,632 $263,965
2015 $5,394 $488,837 $377,241 $111,596
2014 -- $479,262 $369,852 $109,410
Source: Public Records

Agents Affiliated with this Home

  • Sebastian Stofenmacher

    Seller's Agent in 2015

    Sebastian Stofenmacher

    Edgestone Real Estate, Inc.

    (818) 464-5113

    120 Total Sales

    Sebastian Stofenmacher
    Section Image

  • E

    Buyer's Agent in 2015

    Eric Bidkhanian

    First Class Realty

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14258251

California Regional Multiple Listing Service (CRMLS)

APN: 2453-036-021

California Los Angeles County Burbank 91502 Downtown Burbank

306 E Cedar Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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