NOT LISTED FOR SALE

400 W Riverside Dr Unit 22 Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $952,649 - $1,015,000

3 Beds
3 Baths
1,748 Sq Ft
$564/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $794,900 $455 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,545/month

14 Days on Market

Highlights

  • Bamboo Flooring
  • Park or Greenbelt View
  • Community Pool
  • William McKinley Elementary School Rated A-
  • High Ceiling
  • Family Room Off Kitchen

About This Home

As of October 2021

Location, Location, Location! Spacious 3 bedroom tri-level end unit townhome in ever popular Rancho District, by the Burbank Equestrian Center and horse trails, minutes to L.A. Zoo, shops and dining. This townhome has the best location in the complex with views of the Equestrian Center. No neighbors above or below. Largest private ground level patio in the complex. Master suite with walk in closet. 2 additional spacious bedrooms. Large living room and separate formal dining area. Features include a new tankless insta hot water heater, updated windows and beautiful bamboo floors throughout. All homes in this complex have their own 2 car private garage with direct access. HOA amenities includes water, community pool and exterior Earthquake Insurance. So much to love about this property!

Last Agent to Sell the Property

Rebecca Meisser-Anderson

CENTURY 21 EXPERIENCE License #01322386 Listed on: 08/09/2021

CENTURY 21 EXPERIENCE

Co-Listed By

THOMAS ANDERSON

CENTURY 21 EXPERIENCE License #01301644

Last Buyer's Agent

Eric Wong

Ellery Wolcott, Inc. License #01525799

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,295

Year Built

  • Built in 1978

Lot Details

  • 1,748 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1,748 Sq Ft Home
  • High Ceiling
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bamboo Flooring
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33726
  • Assessor Parcel Number 5625031037

Community Details

Overview

  • 22 Units
  • Tierra Verde Association
  • Maintained Community

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,295

Year Built

Built in 1978

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR4*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5625031037
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1748.00 Square Feet
  • Interior Amenities: High Ceilings
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 454.75
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Community
  • Pool Private: No
  • Roof: Flat, Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Maintenance Grounds, Water
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: Tierra Verde
  • Phone: Uknown
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights
  • Association Management: Unknown

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1748.00
  • Lot Size Acres: 0.0401

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1748.0000 Square Feet
  • Number Of Units In Community: 22
  • Number Of Units Total: 22

Tax Info

  • Tax Census Tract: 3016.02
  • Tax Lot: 1
  • Tax Tract Number: 33726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 30, 2021
Sold by
Malayeri Maxhossein
Bought by
Malayeri Maxhossein and Madhossein Malayeri Rlt
Seller's Agent
Rebecca Meisser-Anderson
CENTURY 21 EXPERIENCE
Buyer's Agent
Eric Wong
Ellery Wolcott, Inc.
List Price
$840,000
Sold Price
$794,900
Premium/Discount to List
-$45,100
-5.37%
Current Estimated Value
$985,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,012
Avg. Annual Appreciation
5.62%
Original Mortgage
$627,971
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2021
Closed on
Aug 24, 2021
Sold by
Schmitt Lorri
Bought by
Malayeri Maxhossein
Seller's Agent
Rebecca Meisser-Anderson
CENTURY 21 EXPERIENCE
Buyer's Agent
Eric Wong
Ellery Wolcott, Inc.
List Price
$840,000
Sold Price
$794,900
Premium/Discount to List
-$45,100
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,971
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2006
Sold by
Knupfer Nancy and Bankruptcy Estate Of Rebecca B
Bought by
Schmitt Lorri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Malayeri Maxhossein -- Accommodation
Malayeri Maxhossein $795,000 First American Title Company
Schmitt Lorri $540,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxhossein Malayeri Revocable $635,920
Closed Malayeri Maxhossein $627,971
Previous Owner Schmitt Lorri $24,050
Previous Owner Schmitt Lorri $505,600
Previous Owner Schmitt Lorri $38,280
Previous Owner Schmitt Lorri $432,000
Previous Owner Banks Rebecca B $108,000
Previous Owner Banks David W $329,770
Previous Owner Banks David W $35,000
Previous Owner Banks David W $231,805
Previous Owner Banks David W $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $794,900 0.0% $455 / Sq Ft
08/18/2021 08/18/21 Price Changed $794,900 -2.5% $455 / Sq Ft
08/13/2021 08/13/21 Price Changed $814,900 -3.0% $466 / Sq Ft
08/09/2021 08/09/21 For Sale $840,000 -- $481 / 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 $9,295 $843,552 $585,361 $258,191
2024 $9,295 $827,013 $573,884 $253,129
2023 $9,197 $810,798 $562,632 $248,166
2022 $8,778 $794,900 $551,600 $243,300
2021 $7,450 $668,378 $436,676 $231,702
2019 $7,146 $648,556 $423,725 $224,831
2018 $7,065 $635,840 $415,417 $220,423
2016 $6,188 $564,000 $370,000 $194,000
2015 $5,643 $517,000 $339,100 $177,900
2014 $5,200 $468,000 $307,000 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21175618

California Regional Multiple Listing Service (CRMLS)

APN: 5625-031-037