NOT LISTED FOR SALE

Estimated Value: $1,325,000 - $1,439,000

3 Beds
2 Baths
1,664 Sq Ft
$829/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $1,050,000 $631 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,341/month

45 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Lawn
  • William McKinley Elementary School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of September 2021

Rare Opportunity in Desirable Burbank "Rancho" Coveted Neighorhood! Three Bed + Two Bath + Two Fireplaces Single Family Residence & Detached Garage! Picture Perfect Curb Appeal! Attractive Front Approach, Manicured Landscaping, Delightful Covered "Sitting" Porch, Handsome Brick Facade, Decorative Shutters & White Trim! This Beautiful Home Features an Excellent Floor Plan, 3 Bedrooms & 2 Bathrooms & 2 FP, Spacious & Light Living Room w/Original Wood Floor, Crown Molding & Red Brick Fireplace. Separate Formal Dining Room. Adjoining Updated White Kitchen, Walk-In Pantry & Custom Built-In Corner Banquette w/Bench Storage & Cushions. A Dedicated Laundry Room w/extra Storage Cabinets. Large Primary Bedroom and Front Bedroom Offer Wood Floors, Ceiling Fans & Ample Sized Closets w/Built-ins. Third Bedroom w/Closet, Fireplace & Exterior Door is presently utilized as a home office. Main Hall Bathroom w/Separate Stall Shower & Bath Tub. Plus Convenient 1/2 Bathroom. HVAC System, Attic Fan & Drop Down Stairs for Access. Expansive Enclosed Patio Room Bonus Space. Fenced Rear Yard w/Fountain, Meyer Lemon Tree & Auto Sprinklers. Detached Garage w/Auto Opener, Built-in Shelves & Door to Rear Yard. Ease of Proximity to All Famed Burbank Amenities, Studios, Equestrian Center, Trails, Restaurants, Shopping, Griffith Park, Recreation, Hiking + Much More! "Live, Love & Enjoy the Burbank Lifestyle! Welcome Home to 311 W. Spazier Ave!"

Last Agent to Sell the Property

Carey Harvey

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #00863218 Listed on: 07/15/2021

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Co-Listed By

Barry Lagemann

Berkshire Hathaway HomeServices Crest Real Estate License #01027469

Last Buyer's Agent

Larry Faris

JohnHart Real Estate License #01184576

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,236

Year Built

  • Built in 1942

Lot Details

  • 5,971 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR1HY

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Brick Exterior Construction
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Center Hall
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 9607
  • Assessor Parcel Number 5625019031

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,236

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: BUR1HY
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5625019031
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1664.00 Square Feet
  • Interior Amenities: Attic Fan, Ceiling Fan(s), Crown Molding, Pantry, Pull Down Stairs to Attic
  • Stories: 1
  • Entry Location: Front Porch
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 631.01
  • Room Type: Center Hall, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Brick, Concrete, Covered, Enclosed, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Horse Trails, Park

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System
  • Lot Size Sq Ft: 5971.00
  • Lot Size Acres: 0.1371

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5971.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 11
  • Tax Tract: 9607
  • Tax Tract Number: 9607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 16, 2021
Sold by
Francois Lindsey Renee
Bought by
Francois Benjamin
Seller's Agent
Carey Harvey
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Larry Faris
JohnHart Real Estate
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Current Estimated Value
$1,379,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,385
Avg. Annual Appreciation
6.76%
Original Mortgage
$821,000
Outstanding Balance
$749,226
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$607,687

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 1, 2021
Sold by
Perry Franklin T and Perry Sharon
Bought by
Francois Benjamin
Seller's Agent
Carey Harvey
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Larry Faris
JohnHart Real Estate
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,000
Outstanding Balance
$749,226
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$607,687

Purchase Details

Closed on
Apr 24, 2017
Sold by
Perry Franklin T
Bought by
Perry Franklin T and Perry Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1999
Sold by
Markarian Varant
Bought by
Perry Franklin and Perry Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,025
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 1994
Sold by
Markarian Sevan
Bought by
Markarian Varant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,150
Interest Rate
5.75%

Purchase Details

Closed on
Mar 17, 1994
Sold by
Baskin Robbins Inc
Bought by
Markarian Varant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,150
Interest Rate
5.75%
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
Francois Benjamin -- Fidelity Sherman Oaks
Francois Benjamin $1,050,000 Fidelity Sherman Oaks
Perry Franklin T -- Fidelity National Title
Perry Franklin $214,000 Old Republic Title
Markarian Varant -- Guardian Title Company
Markarian Varant $177,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francois Benjamin $821,000
Previous Owner Perry Franklin T $522,900
Previous Owner Perry Franklin $525,000
Previous Owner Perry Franklin $120,000
Previous Owner Perry Franklin $60,000
Previous Owner Perry Franklin $260,000
Previous Owner Perry Franklin $38,000
Previous Owner Perry Franklin $217,025
Previous Owner Markarian Varant $168,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $1,050,000 0.0% $631 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $1,050,000 -4.5% $631 / Sq Ft
07/21/2021 07/21/21 Price Changed $1,100,000 -8.3% $661 / Sq Ft
07/15/2021 07/15/21 For Sale $1,200,000 -- $721 / 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 $12,236 $1,114,267 $891,414 $222,853
2024 $12,236 $1,092,420 $873,936 $218,484
2023 $12,106 $1,071,000 $856,800 $214,200
2022 $11,555 $1,050,000 $840,000 $210,000
2021 $3,548 $309,922 $185,376 $124,546
2019 $3,406 $300,731 $179,879 $120,852
2018 $3,324 $294,835 $176,352 $118,483
2016 $3,141 $283,388 $169,505 $113,883
2015 $3,078 $279,132 $166,959 $112,173
2014 $3,075 $273,665 $163,689 $109,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21154563

California Regional Multiple Listing Service (CRMLS)

APN: 5625-019-031