NOT LISTED FOR SALE

354 W Cedar Ave Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $1,304,000 - $1,462,000

4 Beds
2 Baths
1,516 Sq Ft
$899/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $905,000 $597 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,000/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Views of Trees
  • Spanish Architecture
  • William McKinley Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of June 2018

Sublime and endlessly charming 4 bed 2 bath updated 1920's Spanish with on an oversized yard that goes on and on and on. Sits on a sweet tree lined street, an oasis in the City. The unpretentious exterior opens up to a gorgeous living room with beautiful curves, arches and a vaulted ceiling. Step into an open concept dining room and kitchen with lovely touches. Large master suite has massive closets, a master bathroom, and vaulted ceilings. The garage was converted into an impeccable inspiring studio complete with arched windows and french doors leading to the serene outdoors. Mature guava, lemon, orange, lime, and fig trees! Walk to wonderful Burbank schools, LA Equestrian Center, Sotta, and Urban Press Winery (a walkable Whole Foods set to open in 2019!) Easy access to 5 and 134 freeways.

Last Agent to Sell the Property

Natalie Stern Trabin

Compass License #01901052 Listed on: 05/10/2018

Compass

Last Buyer's Agent

Marc Hernandez

Compass License #00882850

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 8,154 Sq Ft Lot
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Formal Dining Room
  • Views of Trees
  • Laundry Room

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2451-030-025

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1516
  • Probate: No
  • Stories: 1
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 579.82

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2451-030-025
  • Geocode Override: No
  • Lot Size Area: 8154

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
May 23, 2018
Sold by
Martucci Elizabeth
Bought by
Shropshire Karla S and Shropshire Nathan A
Seller's Agent
Natalie Stern Trabin
Compass
Buyer's Agent
Marc Hernandez
Compass
List Price
$879,000
Sold Price
$905,000
Premium/Discount to List
$26,000
2.96%
Current Estimated Value
$1,363,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,228
Avg. Annual Appreciation
5.54%
Original Mortgage
$678,750
Outstanding Balance
$585,767
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$777,461

Purchase Details

Listed on
Oct 26, 2012
Closed on
Dec 20, 2012
Sold by
Weichert Relocation Resources Inc
Bought by
Martucci Elizabeth
Seller's Agent
Linda Cardoso
Sotheby's International Realty
List Price
$574,000
Sold Price
$586,000
Premium/Discount to List
$12,000
2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$417,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2012
Closed on
Dec 6, 2012
Sold by
Martucci Christopher
Bought by
Martucci Elizabeth
Seller's Agent
Linda Cardoso
Sotheby's International Realty
List Price
$574,000
Sold Price
$586,000
Premium/Discount to List
$12,000
2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2012
Closed on
Nov 5, 2012
Sold by
Cusumano David P
Bought by
Weichert Relocation Resources Inc
Seller's Agent
Linda Cardoso
Sotheby's International Realty
List Price
$574,000
Sold Price
$586,000
Premium/Discount to List
$12,000
2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2006
Sold by
Devlin Michael
Bought by
Cusumano David P and Cusumano Erin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2001
Sold by
Hirano Barry
Bought by
Devlin Michael and Devlin Peggy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.84%

Purchase Details

Closed on
May 24, 1999
Sold by
Gillespie Douglas
Bought by
Hirano Barry and Hirano Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
6.87%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Gillespie Douglas
Bought by
Gillespie Douglas and Gillespie Jennine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.07%

Purchase Details

Closed on
Feb 27, 1996
Sold by
Gillespie Douglas
Bought by
Gillespie Douglas and Gillespie Jennine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shropshire Karla S $905,000 Lawyers Title Company
Martucci Elizabeth $586,000 None Available
Martucci Elizabeth -- None Available
Weichert Relocation Resources Inc $586,000 None Available
Cusumano David P $670,000 Fatcola
Devlin Michael $319,000 Southland Title
Hirano Barry $237,000 Equity Title Company
Gillespie Douglas -- Fidelity National Title Co
Gillespie Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shropshire Karla S $678,750
Previous Owner Martucci Elizabeth $417,000
Previous Owner Martucci Elizabeth $417,000
Previous Owner Weichert Relocation Resources Inc $417,000
Previous Owner Cusumano David P $415,000
Previous Owner Devlin Michael $255,200
Previous Owner Hirano Barry $224,900
Previous Owner Gillespie Douglas $200,000
Closed Gillespie Douglas $50,000
Closed Devlin Michael $31,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2018 06/14/18 Sold $905,000 +3.0% $597 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $879,000 +50.0% $580 / Sq Ft
12/14/2012 12/14/12 Sold $586,000 +2.1% $387 / Sq Ft View Prior Sale
11/05/2012 11/05/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $574,000 -- $379 / Sq Ft
Source: The MLS

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 $11,299 $1,029,729 $823,785 $205,944
2024 $11,299 $1,009,539 $807,633 $201,906
2023 $11,178 $989,746 $791,798 $197,948
2022 $10,669 $970,340 $776,273 $194,067
2021 $10,631 $951,314 $761,052 $190,262
2019 $10,198 $923,100 $738,480 $184,620
2018 $7,061 $634,199 $379,871 $254,328
2016 $6,701 $609,574 $365,121 $244,453
2015 $6,565 $600,419 $359,637 $240,782
2014 $6,548 $588,659 $352,593 $236,066
Source: Public Records

Agents Affiliated with this Home

  • Marc Hernandez

    Buyer's Agent in 2018

    Marc Hernandez

    Compass

    (310) 993-8730

    85 Total Sales

    Marc Hernandez
    Section Image

  • L

    Seller's Agent in 2012

    Linda Cardoso

    Sotheby's International Realty

    (818) 422-6446

    18 Total Sales

    Linda Cardoso
    Section Image

  • T

    Seller Co-Listing Agent in 2012

    Terry Thompson

    No Firm Affiliation

    Section Image
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Map

Source: The MLS

MLS Number: 18-342768

The MLS

APN: 2451-030-025

California Los Angeles County Burbank 91506 Rancho Adjacent

354 W Cedar Ave, Burbank, CA

Not Listed for Sale

Detached

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