340 W Elm Ave Burbank, CA 91506
Rancho Adjacent NeighborhoodEstimated Value: $1,244,000 - $1,374,000
3
Beds
2
Baths
1,475
Sq Ft
$886/Sq Ft
Est. Value
Highlights
- Stables
- Horse Property
- Traditional Architecture
- William McKinley Elementary School Rated A-
- Art Studio
- Wood Flooring
About This Home
As of August 2020Located on a quiet and safe street in Burbank Rancho, this home offers Pride of Ownership with lots of curb appeal. This home is 3 bedrooms, 2 bathrooms with gleaming hardwood floors throughout, living area have plantation shutters that let natural lighting brighten up the home, kitchen opens to a formal dining room and step-down family room, whole house vent system and tank less water heater included. Solar panels fully paid for – you can save hundreds of dollars every month. Step into a tranquil backyard to relax and enjoy a covered porch for entertaining and patio area for extra seating. Zoned for equestrian so you can have up to 2 horses in your own the stables and enjoy the Los Angeles Equestrian Center and Griffith Park. It is minutes away Warner Bros studio, Disney studios, ABC and NBC studios.
Last Agent to Sell the Property
Michael Yue
COMPASS License #02083986 Listed on: 02/03/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,848
Year Built
- Built in 1940 | Remodeled
Lot Details
- 6,300 Sq Ft Lot
- Property is zoned BUR1HY
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Traditional Architecture
- Raised Foundation
- Stucco
Interior Spaces
- 1,475 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Double Pane Windows
- Plantation Shutters
- Sliding Doors
- Family Room
- Living Room with Fireplace
- Dining Room
- Art Studio
- Dishwasher
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Separate Shower
Outdoor Features
- Horse Property
- Covered patio or porch
Horse Facilities and Amenities
- Stables
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Septic Type Unknown
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 181
- Tax Tract Number 9634
- Assessor Parcel Number 5625026011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2020
Closed on
Jul 21, 2020
Sold by
Jones Vernie Odean and Sandoval Maggie R
Bought by
Mccarney Kevin and Mccarney Nina
Seller's Agent
Michael Yue
COMPASS
Buyer's Agent
Dan Sanchez
Engel & Völkers Burbank
List Price
$918,000
Sold Price
$910,000
Premium/Discount to List
-$8,000
-0.87%
Total Days on Market
164
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,863
Avg. Annual Appreciation
7.76%
Original Mortgage
$467,622
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 10, 2013
Sold by
Sandoval Maggie R
Bought by
Jones Vernie Odean and Sandoval Maggie R
Purchase Details
Closed on
May 26, 2009
Sold by
Jones Vernie O and Jones Maggie Sandoval
Bought by
Sandoval Maggie R
Purchase Details
Closed on
Jul 30, 2003
Sold by
Sandoval Maggie and Jones Vernie O
Bought by
Jones Vernie O and Jones Maggie Sandoval
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 10, 2002
Sold by
Chiaravalle Maggie
Bought by
Sandoval Maggie and Jones Vernie O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.85%
Purchase Details
Closed on
Jun 25, 2001
Sold by
Chiaravalle Paul
Bought by
Chiaravalle Maggie
Similar Homes in Burbank, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccarney Kevin | $910,000 | Chicago Title Company | |
| Jones Vernie Odean | -- | None Available | |
| Sandoval Maggie R | -- | None Available | |
| Jones Vernie O | -- | Chicago Title Co | |
| Sandoval Maggie | -- | Orange Coast Title | |
| Chiaravalle Maggie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccarney Family Trust | $790,000 | |
| Closed | Mccarney Family Trust | $300,000 | |
| Closed | Mccarney Kevin | $467,622 | |
| Previous Owner | Jones Vernie Odean | $150,000 | |
| Previous Owner | Jones Vernie Odean | $265,000 | |
| Previous Owner | Sandoval Maggie R | $196,500 | |
| Previous Owner | Sandoval Maggie R | $200,000 | |
| Previous Owner | Jones Verne O | $70,000 | |
| Previous Owner | Jones Vernie O | $60,000 | |
| Previous Owner | Jones Vernie O | $20,000 | |
| Previous Owner | Jones Vernie O | $184,800 | |
| Previous Owner | Jones Vernie O | $192,000 | |
| Previous Owner | Sandoval Maggie | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2020 08/06/20 | Sold | $910,000 | -0.9% | $617 / Sq Ft |
| 06/19/2020 06/19/20 | For Sale | $918,000 | +0.9% | $622 / Sq Ft |
| 03/30/2020 03/30/20 | Off Market | $910,000 | -- | -- |
| 02/03/2020 02/03/20 | For Sale | $918,000 | -- | $622 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,848 | $965,698 | $772,559 | $193,139 |
| 2023 | $10,732 | $946,763 | $757,411 | $189,352 |
| 2022 | $10,245 | $928,200 | $742,560 | $185,640 |
| 2021 | $10,208 | $910,000 | $728,000 | $182,000 |
| 2020 | $4,374 | $378,436 | $151,371 | $227,065 |
| 2019 | $4,247 | $371,016 | $148,403 | $222,613 |
| 2018 | $4,150 | $363,743 | $145,494 | $218,249 |
| 2016 | $6,906 | $349,621 | $139,846 | $209,775 |
| 2015 | $3,854 | $344,370 | $137,746 | $206,624 |
| 2014 | $3,849 | $337,625 | $135,048 | $202,577 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Michael Yue
COMPASS
(714) 831-7045
1 in this area
83 Total Sales
-
Dan Sanchez
Buyer's Agent in 2020
Dan Sanchez
Engel & Völkers Burbank
(818) 730-2361
1 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS20023991
APN: 5625-026-011
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