NOT LISTED FOR SALE

Estimated Value: $3,757,755 - $4,342,000

5 Beds
5 Baths
4,480 Sq Ft
$902/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $4,015,000 $896 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $22,964/month

5 Days on Market

Highlights

  • 24-Hour Security
  • Pebble Pool Finish
  • City Lights View
  • Thomas Jefferson Elementary School Rated A
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of March 2024

Presenting this Executive Estate in the Prestigious gated community in the Burbank Hills. This is the perfect home for sophisticated entertaining and comfortable for relaxing with family and friends. Providing the utmost of privacy and comfort, this home is situated at the end of the cul-de-sac, with spectacular city views. The formal entry has soaring ceilings, a circular staircase leading to the upstairs main bedroom suite and two additional bedrooms and an oversized open loft. Abundant light flows into the formal living room through the oversized windows. The formal dining room has a picturesque view of the landscaped backyard and water feature. The oversized chef’s kitchen, open to the family room, has all newer Viking stainless steel appliances and generous counter space. Enjoy breakfast at the bar or at the breakfast table in the nook off the kitchen. The oversized windows and doors in the family room and breakfast room invite the outside in. This back yard has the 10+ WOW factor with a city view that will knock your socks off! Enjoy the pool and spa while grilling in the outdoor kitchen. The large grassy areas are perfect to play catch, kick a ball or just relax. The primary bedroom suite is oversized and connects to a large bathroom with dual sinks, walk in shower and has a towel warmer. There are two walk-in closets and a jetted tub with city views. Relax on the main bedroom balcony and take in the beautiful sunsets. This home has been lovingly remodeled throughout. Welcome home.

Last Agent to Sell the Property

Robin McCary

eXp Realty of Greater Los Angeles, Inc. License #01451230 Listed on: 02/17/2024

eXp Realty of Greater Los Angeles, Inc.

Last Buyer's Agent

Robin McCary

eXp Realty of Greater Los Angeles, Inc. License #01451230 Listed on: 02/17/2024

eXp Realty of Greater Los Angeles, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Lawn
  • Back and Front Yard
  • Property is zoned BUR1*

HOA Fees

  • $594 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Patio Home
  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 4,480 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • City Lights Views

Kitchen

  • Eat-In Galley Kitchen
  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 35035
  • Assessor Parcel Number 2471053076

Community Details

Overview

  • Burbank Hill Community Assoc Association, Phone Number (949) 372-4057
  • Powerstone Property Management HOA

Amenities

  • Picnic Area

Recreation

  • Tennis Courts

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$594 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard
  • View: Yes
  • Zoning: BUR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2471053076
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4480.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 896.21
  • Room Type: Entry, Family Room, Formal Entry, Foyer, Galley Kitchen, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Separate Family Room, Walk-In Closet
  • Spa Features: Private, Gunite, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Primary Bath, Exhaust Fan(s), Jetted Tub, Quartz Counters, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Utility Sink

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Private, Gunite, Heated, Gas Heat, In Ground, Pebble
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Tennis Court(s), Guard, Security, Controlled Access
  • Association Fee: 594.00
  • Association Fee Frequency: Monthly
  • Association Name: Burbank Hill Community Assoc
  • Phone: 9493724057
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Powerstone Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Patio Home
  • Lot Size Sq Ft: 12513.00
  • Lot Size Acres: 0.2873

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12513.0000 Square Feet
  • Number Of Units In Community: 129
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3101.00
  • Tax Lot: 22
  • Tax Tract Number: 35035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Feb 28, 2024
Sold by
Ovasapyan Anet Ani
Bought by
Sarafyan Armen Allen
Seller's Agent
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
List Price
$4,200,000
Sold Price
$4,015,000
Premium/Discount to List
-$185,000
-4.4%
Views
46
Current Estimated Value
$4,038,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,939
Avg. Annual Appreciation
0.32%

Purchase Details

Listed on
Feb 17, 2024
Closed on
Feb 22, 2024
Sold by
Keith Alexander and Keith Jean
Bought by
Sarafyan Armen Allen
Seller's Agent
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
List Price
$4,200,000
Sold Price
$4,015,000
Premium/Discount to List
-$185,000
-4.4%
Views
46

Purchase Details

Listed on
Dec 31, 2020
Closed on
Jun 6, 2020
Sold by
Chen Jerry and Chen Jill Ke
Bought by
Keith Alexander and Keith Jean
Seller's Agent
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
List Price
$2,425,000
Sold Price
$2,300,000
Premium/Discount to List
-$125,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.74%
Original Mortgage
$1,380,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2015
Closed on
Dec 21, 2015
Sold by
Chen Jerry C and Chen Jill K
Bought by
Chen Jerry and Chen Jill Ke
Seller's Agent
Suzanne Gilley
Lenny Coltun Realty
Buyer's Agent
Suzanne Gilley
No Firm Affiliation
List Price
$2,095,000
Sold Price
$1,938,999
Premium/Discount to List
-$156,001
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$780,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2015
Sold by
The Jarnette Jones Olsen Living Trust
Bought by
Chen Jerry C and Chen Jill K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2008
Sold by
Olsen Jarnette Jones
Bought by
Olsen Jarnette Jones and Jarnette Jones Olsen Living Tr

Purchase Details

Closed on
Aug 26, 1999
Sold by
Hallston Burbank Llc
Bought by
Olsen Jarnette Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.75%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sarafyan Armen Allen -- Chicago Title Company
Sarafyan Armen Allen $4,015,000 Chicago Title Company
Keith Alexander $2,300,000 Orange Coast Title Company
Chen Jerry -- Fidelity Sherman Oaks
Chen Jerry C $1,939,000 Fidelity Sherman Oaks
Olsen Jarnette Jones -- None Available
Olsen Jarnette Jones $853,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keith Alexander $1,380,000
Previous Owner Chen Jerry C $780,000
Previous Owner Olsen Jarnette Jones $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2024 03/05/24 Sold $4,015,000 -4.4% $896 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $4,200,000 +73.2% $938 / Sq Ft
12/31/2020 12/31/20 For Sale $2,425,000 +5.4% $541 / Sq Ft
07/30/2020 07/30/20 Sold $2,300,000 +18.6% $513 / Sq Ft View Prior Sale
05/29/2020 05/29/20 Pending -- -- --
01/06/2016 01/06/16 Sold $1,938,999 -7.4% $433 / Sq Ft View Prior Sale
11/10/2015 11/10/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $2,095,000 -- $468 / 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 $17,510 $4,095,300 $2,458,200 $1,637,100
2024 $17,510 $1,553,614 $896,317 $657,297
2023 $17,324 $1,523,152 $878,743 $644,409
2022 $16,542 $1,493,287 $861,513 $631,774
2021 $16,465 $1,464,008 $844,621 $619,387
2020 $23,480 $2,098,834 $1,072,581 $1,026,253
2019 $22,778 $2,057,681 $1,051,550 $1,006,131
2018 $22,551 $2,017,335 $1,030,932 $986,403
2016 $12,354 $1,107,612 $446,107 $661,505
2015 $12,104 $1,090,976 $439,407 $651,569
2014 $12,069 $1,069,606 $430,800 $638,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24033733

California Regional Multiple Listing Service (CRMLS)

APN: 2471-053-076