NOT LISTED FOR SALE

400 W Riverside Dr Unit 7 Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $909,107 - $1,042,000

3 Beds
2.5 Baths
1,568 Sq Ft
$614/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $800,000 $510 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,625/month

6 Days on Market

Highlights

  • Ground Level Unit
  • In Ground Pool
  • Open Floorplan
  • William McKinley Elementary School Rated A-
  • 1.24 Acre Lot
  • Living Room with Fireplace

About This Home

As of July 2021

Is it time to move? Take a look at this opportunity! An updated and renovated tri-level townhome in the charming "Rancho District" of Burbank (next door to the Equestrian Center and horse trails). It is minutes to the studios, quaint shops and great dining. Outdoor patio leads to an open and spacious floorplan, truly modern living and use of space with 20-ft vaulted ceiling and an inviting gas fireplace! Throughout the home you will note many updates. An open dining room / plus breakfast area along with the updated kitchen with quartz countertops, stainless steel appliances and great work space. The open feel or dining/living. Upstairs, the primary bedroom offers a large walk-in closet and recently updated en-suite bath with walk-in shower! There are two (2) additional bedrooms and an additional remodeled full bath plus a powder room! In-unit side-by-side laundry, a direct access 2-car garage The complex offers a resort-size pool, grass area and a fabulous community! Walk or Cycle (Bike lane) to the Studios, Griffith Park or local restaurants.

Last Agent to Sell the Property

Don Dorsey

The Southward Group License #00935672 Listed on: 06/16/2021

Last Buyer's Agent

Doug Carver

The Agency License #01892409

The Agency

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,341

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • North Facing Home
  • Gated Home

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate

Home Design

  • Mid Level
  • Turnkey

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • In Ground Pool
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 5625-031-022

Community Details

Overview

  • Association fees include sewer, water, trash, insurance
  • 22 Units
  • Association Phone (213) 280-8400
  • Low-Rise Condominium

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,341

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Unknown
  • Levels: Ground Level, Mid Level, Top Level, Three Or More
  • Street Number Display: Yes
  • Complex Name: Tierra Verde V
  • Entry Floor: 1
  • Living Area: 1568
  • Lot Acreage: 1.2382
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1978
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Drywall Walls, Open Floor Plan, Turnkey, Recessed Lighting
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Tile, Laminate
  • Appliances: Oven-Electric, Gas/Electric Range, Microwave
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Shower Over Tub, Remodeled, Powder Room, Low Flow Shower(s), Low Flow Toilet(s)
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Remodeled, Counter Top
  • Laundry: In Unit, Laundry Area, Inside, On Upper Level
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Garbage Disposal, Dishwasher, Gas Or Electric Dryer Hookup, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 481.51
  • Windows: Custom Window Covering

Exterior Features

  • Direction Faces: North
  • Other Features: Sliding Glass Doors, Double Door Entry
  • Exposure: Northern
  • Pool Description: Community
  • Pool: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Private Garage, Door Opener, Side By Side, Garage
  • Total Parking: 2

Utilities

  • Water District: burbank water and power
  • Water Heater: Water Heater Unit, Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: Automatic Gate, Gated
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Pool, Assoc Barbecue, Picnic Area
  • Pet Rules: Assoc Pet Rules, Call, Yes, Weight Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Sewer, Water, Trash, Insurance
  • High Rise: Mid-Rise Building
  • HOA Fees: 440.00
  • Phone: 2132808400|
  • HOA: Yes
  • Unit Location: Northwest

Schools

  • School District: Burbank Unified

Lot Info

  • Special Zoning: Special Study
  • Horses: No
  • Assessor Parcel Number: 5625-031-022
  • Lot Size Area: 53937

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 22

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jun 24, 2021
Sold by
Miyamoto Russell and Miyamoto Ann
Bought by
Forlidas Charles William and Forlidas Suzanne Nobilt
Seller's Agent
Don Dorsey
The Southward Group
Buyer's Agent
Doug Carver
The Agency
List Price
$755,000
Sold Price
$800,000
Premium/Discount to List
$45,000
5.96%
Total Days on Market
6
Current Estimated Value
$963,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,277
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Jan 21, 2021
Sold by
Miyamoto Russell
Bought by
Miyamoto Russell and Miyamoto Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Walt Timothy G
Bought by
Miyamoto Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2016
Sold by
Walt Timothy G
Bought by
Walt Timothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,900
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2006
Sold by
Timco Lc Llc Series 3
Bought by
Walt Timothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2006
Sold by
Walt Timothy G
Bought by
Timco Lc Llc Series 3

Purchase Details

Closed on
Oct 21, 2005
Sold by
Walt Timothy G
Bought by
Timco Lc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2005
Sold by
Cano Omar L
Bought by
Walt Timothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Cano Omar L
Bought by
Cano Omar L and Cano Courtney Pierce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Cano Courtney Pierce
Bought by
Cano Omar L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2003
Sold by
Bartels Claire Thompson
Bought by
Cano Omar L and Pierce Courtney Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.82%

Purchase Details

Closed on
Nov 17, 2000
Sold by
Smith Harman
Bought by
Bartels Claire Thompson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.67%

Purchase Details

Closed on
Mar 17, 1998
Sold by
Smith Harman
Bought by
Smith Harman and Carlson Smith Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,550
Interest Rate
7.13%
Source: Public Records

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Range of Values:

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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
Forlidas Charles William $800,000 Lawyers Title
Miyamoto Russell -- Title Connect Inc
Miyamoto Russell $600,000 Lawyers Title Company
Walt Timothy G -- First American Title Ins Co
Walt Timothy G -- None Available
Timco Lc Llc Series 3 -- None Available
Walt Timothy G -- None Available
Timco Lc Llc -- --
Walt Timothy G $567,000 Fidelity National Title
Cano Omar L -- --
Cano Omar L -- Stewart Title Of Ca Inc
Cano Omar L $340,000 California Title Company
Bartels Claire Thompson $248,000 Southland Title
Smith Harman -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forlidas Charles William $640,000
Previous Owner Miyamoto Russell $490,000
Previous Owner Miyamoto Russell $500,000
Previous Owner Miyamoto Russell $30,000
Previous Owner Miyamoto Russell $480,000
Previous Owner Walt Timothy G $257,900
Previous Owner Walt Timothy G $204,000
Previous Owner Walt Timothy G $300,000
Previous Owner Cano Omar L $295,000
Previous Owner Cano Omar L $272,000
Previous Owner Bartels Claire Thompson $201,600
Previous Owner Bartels Claire Thompson $198,400
Previous Owner Smith Harman $144,550
Closed Bartels Claire Thompson $49,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $800,000 0.0% $510 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/21/2021 06/21/21 Off Market $800,000 -- --
06/16/2021 06/16/21 For Sale $755,000 +25.8% $482 / Sq Ft
04/26/2018 04/26/18 Sold $600,000 0.0% $383 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $599,999 -- $383 / 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
2024 $9,341 $832,319 $607,905 $224,414
2023 $9,242 $816,000 $595,986 $220,014
2022 $8,821 $800,000 $584,300 $215,700
2021 $7,103 $630,705 $419,839 $210,866
2020 $7,024 $624,239 $415,535 $208,704
2019 $6,815 $612,000 $407,388 $204,612
2018 $6,418 $571,000 $421,000 $150,000
2016 $6,017 $542,000 $400,000 $142,000
2015 $5,549 $502,000 $370,700 $131,300
2014 $5,126 $455,000 $336,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-750214

The MLS

APN: 5625-031-022