NOT LISTED FOR SALE

325 W Elm Ave Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $1,438,000 - $1,823,000

3 Beds
3 Baths
2,112 Sq Ft
$752/Sq Ft Est. Value

About This Home

This charming family home is nestled on a tree-lined street with sprawling front lawn in the sought-after Burbank Rancho neighborhood. Outside, the classic brick detailing with raised flower beds and a step-up covered entry make this home warm and inviting. Through the beautiful front door, guests are greeted by gleaming hardwood floors, a large brick fireplace, and oversized picture windows. The formal dining room sits just off the living room, with a breakfast bar looking into a spacious eat-in Chef's kitchen with crisp white countertops, double sink, and stainless steel appliances. A large family room has a corner brick fireplace and French doors that lead to the backyard. The romantic primary bedroom features dual closets, a ceiling fan and en-suite, private attached bath with glass standing shower. Both of the spacious guest rooms enjoy adjacent bathrooms with oversized vanities and bath/shower combos. Outside, the patio area is a lovely space to gather with family and friends. A wonderful Burbank Rancho home, this horse property includes a breezeway connecting two stables and a tack room. Additional conveniences include extensive built-ins in the hallway, a large laundry room with built-in storage, a detached 2-car garage, and an extra-long driveway for off-street guest parking. A true gem in the heart of Burbank located near major Hollywood Studios, restaurants, shops and easy freeway access, with a motivated seller, this is the one you've been waiting for!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Schermer Peter J and Schermer Deborah L
Bought by
Debpetschermer Llc
Current Estimated Value
$1,588,931

Purchase Details

Closed on
Feb 2, 2024
Sold by
Schermer Family Trust
Bought by
Schermer Peter J and Schermer Deborah L

Purchase Details

Closed on
Jul 6, 2007
Sold by
Testin Mike A
Bought by
Testin Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2007
Sold by
Testin Julie A
Bought by
Schermer Peter Judson and Schermer Deborah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2005
Sold by
Testin Julie A and Bickner Julie A
Bought by
Testin Julie A

Purchase Details

Closed on
Feb 19, 2003
Sold by
Russo David C
Bought by
Bickner Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.85%

Purchase Details

Closed on
Nov 3, 1998
Sold by
Garbutt Jerie
Bought by
Russo David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.82%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Debpetschermer Llc -- None Listed On Document
Schermer Peter J -- None Listed On Document
Testin Julie A -- Equity Title
Schermer Peter Judson $780,000 Equity Title
Testin Julie A -- None Available
Bickner Julie A $487,181 Chicago Title
Russo David C $294,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schermer Peter Judson $338,000
Previous Owner Bickner Julie A $250,000
Previous Owner Russo David C $271,000
Previous Owner Russo David C $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Rented $5,295 0.0% --
10/28/2022 10/28/22 For Rent $5,295 +34.1% --
07/07/2014 07/07/14 Rented $3,950 0.0% --
07/07/2014 07/07/14 For Rent $3,950 0.0% --
10/02/2013 10/02/13 Rented $3,950 0.0% --
10/02/2013 10/02/13 Under Contract -- -- --
09/23/2013 09/23/13 For Rent $3,950 -- --

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
2024 $11,341 $1,004,440 $803,559 $200,881
2023 $11,221 $984,746 $787,803 $196,943
2022 $10,713 $965,438 $772,356 $193,082
2021 $10,670 $946,509 $757,212 $189,297
2019 $10,240 $918,436 $734,753 $183,683
2018 $10,096 $900,429 $720,347 $180,082
2016 $8,873 $800,000 $639,600 $160,400
2015 $8,314 $753,000 $602,000 $151,000
2014 $8,453 $753,000 $602,000 $151,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    James Bernard

    Wexler Corporation

    (818) 416-4889

    4 Total Sales

    James Bernard
    Section Image

  • S

    Buyer's Agent in 2022

    Sammy Masarani

    Keller Williams Realty World Media Center

  • P

    Seller's Agent in 2014

    Paula Carpenter

    Ramsey-Shilling Associates

    (818) 763-5162

    2 Total Sales

    Paula Carpenter
    Section Image

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,609 Total Sales

    NoEmail NoEmail
    Section Image
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Map

California Los Angeles County Burbank 91506 Rancho Adjacent

325 W Elm Ave, Burbank, CA

This home is located at 325 W Elm Ave, Burbank, CA 91506 and is currently estimated at $1,588,931, approximately $752 per square foot. 325 W Elm Ave is a home located in Los Angeles County with nearby schools including William McKinley Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

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.

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