NOT LISTED FOR SALE

Estimated Value: $1,396,000 - $1,595,000

4 Beds
3 Baths
1,879 Sq Ft
$801/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,185,000 $631 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,350/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Spanish Architecture
  • R. L. Stevenson Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of December 2021

Location, Location, Location! Tremendous upside potential for this diamond in the rough 1920’s Spanish style home located just adjacent to the Magnolia Park/Media Districts of Burbank. A gated courtyard with Mexican paver tiles creates the perfect entry to this single-story opportunity. Coved ceilings, wood floors, arched doorways, and alcoves combine to create tons of character. Living room with an arched picture window and fireplace with windows on each side allow natural light to flow leading to a formal dining room with arched doorways to a galley kitchen with separate breakfast area with a built-in China hutch. Off the Kitchen is the laundry room and a ¾ bath shared with the primary suite, while two other bedrooms share a full bathroom featuring original tile, bathtub, and a separate shower. The 4th bedroom has been converted to a guest unit with a separate entrance, ¾ Bath and living room area. The extra-large back yard enjoys a large grassy area, patio, and a mature grapefruit tree, along with the two-car detached garage.

Last Agent to Sell the Property

Andrew Spitz

Christie's Int. R.E SoCal License #00924610 Listed on: 11/30/2021

Last Buyer's Agent

Kevin Pike

Coldwell Banker Greater Valleys License #01990544

Coldwell Banker Greater Valleys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,738

Year Built

  • Built in 1929

Lot Details

  • 9,796 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Back and Front Yard
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Tile Roof
  • Stucco
  • Adobe

Interior Spaces

  • 1,879 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • French Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Range
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Converted Bedroom
  • Mirrored Closets Doors
  • Tile Bathroom Countertop
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 45
  • Tax Tract Number 9649
  • Assessor Parcel Number 2484005015
  • $260 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,738

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: BUR1YY
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2484005015
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1879.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Tile Counters, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 630.65
  • Room Type: All Bedrooms Down, Converted Bedroom, Galley Kitchen, Kitchen, Laundry, Living Room, Master Suite, Two Masters
  • Window Features: Blinds, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Enclosed, Front Porch, Tile
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Adobe, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 9796.00
  • Lot Size Acres: 0.2249

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9796.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 45
  • Tax Census Tract: 3115.00
  • Tax Lot: 7
  • Tax Tract Number: 9649
  • TaxOtherAnnualAssessmentAmount: 260.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 20, 2021
Sold by
Maxwell James and The Axel Ovregaard Living Trus
Bought by
Yazdandoost Paul Payam and Santos Leticia Canato
Seller's Agent
Andrew Spitz
Christie's Int. R.E SoCal
Buyer's Agent
Kevin Pike
Coldwell Banker Greater Valleys
List Price
$895,000
Sold Price
$1,185,000
Premium/Discount to List
$290,000
32.4%
Current Estimated Value
$1,505,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,878
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Aug 20, 2007
Sold by
Ovregaard Axel
Bought by
The Axel Ovregaard Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 1998
Sold by
Ovregaard Olga Hane
Bought by
Ovregaard Axel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

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
Yazdandoost Paul Payam $1,185,000 Pacific Coast Title Company
The Axel Ovregaard Living Trust -- None Available
Ovregaard Axel -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yazdandoost Paul Payam $250,000
Previous Owner The Axel Ovregaard Living Trust $772,500
Previous Owner Overgaard Axel $100,000
Previous Owner Ovregaard Axel $50,000
Previous Owner Ovregaard Axel $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $1,185,000 +32.4% $631 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $895,000 -- $476 / 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 $13,738 $1,257,529 $1,006,024 $251,505
2024 $13,738 $1,232,873 $986,299 $246,574
2023 $13,668 $1,208,700 $966,960 $241,740
2022 $13,048 $1,185,000 $948,000 $237,000
2021 $1,668 $135,071 $50,703 $84,368
2019 $1,604 $131,066 $49,200 $81,866
2018 $1,524 $128,497 $48,236 $80,261
2016 $1,425 $123,510 $46,364 $77,146
2015 $1,398 $121,656 $45,668 $75,988
2014 $1,404 $119,274 $44,774 $74,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21256938

California Regional Multiple Listing Service (CRMLS)

APN: 2484-005-015