362 W Elm Ave Burbank, CA 91506
Rancho Adjacent NeighborhoodEstimated Value: $1,095,268 - $1,306,000
2
Beds
2
Baths
1,498
Sq Ft
$806/Sq Ft
Est. Value
Highlights
- Community Stables
- Horse Property
- Wood Flooring
- William McKinley Elementary School Rated A-
- Traditional Architecture
- No HOA
About This Home
As of July 2020Traditional Ranch style home in the exclusive Rancho Equestrian District – the perfect neighborhood for living the good life! Tucked in behind a privacy hedge, this charming property offers a 2 bed/1 bath main house approx. 950 sqft, plus a detached studio with a ¾ bath approx. 548 sqft. The main house features hardwood floors, picture windows overlooking the pretty yard, kitchen with breakfast nook, dining area and a 2 car attached garage. Legendary Burbank schools and services including private LILA and Brighton Hall. Close proximity to DTLA and all the studios: Disney/ABC, Warner Bros, Cartoon Network, Nickelodeon, Universal/NBC. Blocks to the new Whole Foods, cafes, coffee houses, live music, shops, ice skating, bowling, tennis, the Equestrian Center and easy access to the trails in Griffith Park. The property is zoned for horsekeeping.
Last Agent to Sell the Property
Douglas Elliman of California, Inc. License #01719178 Listed on: 03/19/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,951
Year Built
- Built in 1948
Lot Details
- 6,090 Sq Ft Lot
- Property is zoned BUR1HY
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
Interior Spaces
- 1,498 Sq Ft Home
- 1-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Horse Property
- Horse Property Improved
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 176
- Tax Tract Number 9634
- Assessor Parcel Number 5625026005
Community Details
Overview
- No Home Owners Association
Recreation
- Community Stables
- Horse Trails
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2020
Closed on
Jun 14, 2020
Sold by
Moulthrop Jeanette and Frances L Moser Trust
Bought by
Labella Travis H and Reyno Jacqueline M
Seller's Agent
Alisa Cunningham
Douglas Elliman of California, Inc.
Buyer's Agent
Herb Lambert
Rodeo Realty, Inc.
List Price
$855,000
Sold Price
$845,000
Premium/Discount to List
-$10,000
-1.17%
Total Days on Market
73
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
$362,317
Avg. Annual Appreciation
6.56%
Original Mortgage
$676,000
Outstanding Balance
$609,701
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$545,606
Purchase Details
Closed on
May 7, 2019
Sold by
Moser Frances Louise
Bought by
Frances L Moser Trust
Purchase Details
Closed on
Aug 6, 2016
Sold by
Moser Frances L
Bought by
Moser Frances L and Frances L Moser Trust
Purchase Details
Closed on
Dec 22, 2003
Sold by
Serembe John Joseph and Burkin Mary Ann
Bought by
Moser Frances L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 1994
Sold by
Enns Paul J and Lewis Enns Kathleen
Bought by
Serembe John Joseph and Burkin Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
8.8%
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 |
|---|---|---|---|
| Labella Travis H | $845,000 | Lawyers Title Company | |
| Moser Frances L | -- | None Available | |
| Moser Frances L | $465,000 | North American Title Co | |
| Serembe John Joseph | $215,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Labella Travis H | $676,000 | |
| Previous Owner | Moser Frances L | $292,000 | |
| Previous Owner | Moser Frances L | $387,000 | |
| Previous Owner | Moser Frances L | $450,650 | |
| Previous Owner | Moser Frances L | $442,000 | |
| Previous Owner | Moser Frances L | $187,000 | |
| Previous Owner | Moser Frances L | $372,000 | |
| Previous Owner | Serembe John Joseph | $233,000 | |
| Previous Owner | Serembe John Joseph | $38,500 | |
| Previous Owner | Serembe John Joseph | $200,000 | |
| Previous Owner | Serembe John Joseph | $203,150 | |
| Closed | Moser Frances L | $46,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2020 07/02/20 | Sold | $845,000 | -1.2% | $564 / Sq Ft |
| 05/31/2020 05/31/20 | Pending | -- | -- | -- |
| 04/01/2020 04/01/20 | For Sale | $855,000 | +1.2% | $571 / Sq Ft |
| 03/28/2020 03/28/20 | Off Market | $845,000 | -- | -- |
| 03/19/2020 03/19/20 | For Sale | $855,000 | -- | $571 / 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 | $9,951 | $896,719 | $717,376 | $179,343 |
| 2023 | $9,844 | $879,137 | $703,310 | $175,827 |
| 2022 | $9,393 | $861,900 | $689,520 | $172,380 |
| 2021 | $9,361 | $845,000 | $676,000 | $169,000 |
| 2020 | $8,999 | $805,800 | $652,800 | $153,000 |
| 2019 | $6,568 | $597,442 | $474,129 | $123,313 |
| 2018 | $6,484 | $585,729 | $464,833 | $120,896 |
| 2016 | $6,110 | $558,477 | $446,784 | $111,693 |
| 2015 | $5,984 | $550,089 | $440,073 | $110,016 |
| 2014 | $5,969 | $539,314 | $431,453 | $107,861 |
Source: Public Records
Agents Affiliated with this Home
-
Alisa Cunningham
Seller's Agent in 2020
Alisa Cunningham
Douglas Elliman of California, Inc.
(818) 472-2801
38 in this area
73 Total Sales
-
Herb Lambert
Buyer's Agent in 2020
Herb Lambert
Rodeo Realty, Inc.
(310) 471-2600
1 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB20059959
APN: 5625-026-005
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