NOT LISTED FOR SALE

414 E Valencia Ave Unit 305 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $872,000 - $971,000

3 Beds
3 Baths
1,470 Sq Ft
$449/mo HOA Fee

Last Sold May 12, 2021

Last sale price $740,000 $503 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,214/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.73 Acre Lot
  • Mountain View
  • Joaquin Miller Elementary School Rated A-
  • Open Floorplan
  • Property is near public transit

About This Home

As of May 2021

Absolute pride-of-ownership condominium, walking distance to the heart of Downtown Burbank, Trader Joes, the Burbank Town Center Mall and more!

This top floor suite has 3 bedrooms, 3 full bathrooms (4 showers & 2 tubs), brand new Moen faucets, walk-in closets, in-unit washer/dryers, a private 2-car garage plus space for storage, coat closet, high ceilings, beautiful flooring, a massive kitchen w/ granite countertops and a garbage disposal, Google Nest Smart Thermostats w/ two separate HVAC units, a fireplace, and a patio balcony overlooking the courtyard. All appliances are included!

This is the condo of your dreams, capturing the designer flare of a $2M home for just $749,000. The complex was built in 2006 and has been home to one family of 4 for the past 15 years! See the spacious and open floor plan for yourself in person or by viewing the video and 3D walkthrough!

You'll live a quick drive to any/all LA destinations, with easy freeway access to Pasadena, Los Feliz, Silver Lake, Glendale & Atwater, and just a short drive to Toluca Lake, NoHo and Hollywood. Enjoy the benefits of living in Burbank, including an exceptional school system and public resources (libraries, parks, local PD & FD, etc). Not to mention, easy access to the many entertainment studios Burbank is famous for (Disney, ABC, Warner Brother, Nickelodeon, Cartoon Network, Burbank Studios, etc). This one's going fast, come see it today!

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 04/02/2021

Co-Listed By

Ian Maddox

Myunits.com Inc. License #02030205

Last Buyer's Agent

Hovhannes Ghazaryan

Seward Real Estate & Financial, Inc. License #02043416

Seward Real Estate & Financial, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,774

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall
  • Northwest Facing Home
  • Fenced
  • Fence is in excellent condition
  • Landscaped

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Flat Roof Shape

Interior Spaces

  • 1,470 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Living Room with Fireplace
  • Storage
  • Intercom

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting

Schools

  • Burbank Elementary And Middle School
  • Burbank High School

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54150
  • Assessor Parcel Number 5621028068

Community Details

Overview

  • 38 Units
  • Valencia Court Association, Phone Number (661) 257-2452
  • Infinity Property Services HOA

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,774

Year Built

Built in 2006

Lot Details

0

HOA Fees

$449 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: Elizabeth
  • Other Phone Number: 818.850.8485
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System
  • View: Yes
  • Zoning: BUR4*
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5621028068
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1470.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Elevator, Granite Counters, High Ceilings, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Track Lighting
  • Stories: 3
  • Entry Location: 3
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 503.40
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Granite Counters, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Exterior Features: Lighting
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water, Management, Controlled Access
  • Association Fee: 449.00
  • Association Fee Frequency: Monthly
  • Association Name: Valencia Court
  • Phone: 661-257-2452
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Infinity Property Services

Schools

  • School District: Burbank Unified
  • Elementary School: Burbank
  • Middle School: Burbank
  • High School: Burbank
  • Elementary School: Burbank
  • High School: Burbank
  • Middle Or Junior School: Burbank
  • Elementary School #2: BURBAN
  • High School2: BURBAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level, Near Public Transit
  • Lot Size Sq Ft: 31725.00
  • Lot Size Acres: 0.7283

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31725.0000 Square Feet
  • Number Of Units In Community: 38
  • Number Of Units Total: 38

Tax Info

  • Tax Census Tract: 3107.03
  • Tax Lot: 1
  • Tax Tract Number: 54150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 7, 2021
Sold by
Safaryan Mariam
Bought by
Chobanyan Bagrat
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Hovhannes Ghazaryan
Seward Real Estate & Financial, Inc.
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Current Estimated Value
$911,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,435
Avg. Annual Appreciation
5.03%
Original Mortgage
$666,000
Outstanding Balance
$604,844
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$306,376

Purchase Details

Listed on
Apr 2, 2021
Closed on
Apr 12, 2021
Sold by
Maddox Elizabeth and Maddox Ian A
Bought by
Chobanyan Bagrat
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Hovhannes Ghazaryan
Seward Real Estate & Financial, Inc.
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,000
Outstanding Balance
$604,844
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$306,376

Purchase Details

Closed on
Apr 25, 2017
Sold by
Maddox Thomas
Bought by
Maddox Elizabeth and Maddox Ian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,250
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2015
Sold by
Maddox Thomas
Bought by
Maddox Thomas and Maddox Joan T

Purchase Details

Closed on
Sep 15, 2015
Sold by
Maddox Thomas
Bought by
Maddox Thomas and Maddox Joan T

Purchase Details

Closed on
Sep 28, 2009
Sold by
Maddox Joan
Bought by
Maddox Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2009
Sold by
Pirijanyan Vardan
Bought by
Maddox Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2007
Sold by
Pirijanyan Roza
Bought by
Pirijanyan Vardan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 2007
Sold by
Valencia Empire Homes Llc
Bought by
Pirijanyan Vardan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
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
Chobanyan Bagrat -- Monarch Title Company
Chobanyan Bagrat $740,000 Ticor Title Company Of Ca
Maddox Elizabeth -- Provident Title Company
Maddox Thomas -- Accommodation
Maddox Thomas -- None Available
Maddox Thomas A -- Lawyers Title
Maddox Thomas A $385,000 Lawyers Title
Pirijanyan Vardan -- Chicago Title Co
Pirijanyan Vardan $685,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chobanyan Bagrat $666,000
Previous Owner Maddox Elizabeth $256,250
Previous Owner Maddox Thomas A $288,750
Previous Owner Pirijanyan Vardan $500,000
Previous Owner Pirijanyan Vardan $137,000
Previous Owner Pirijanyan Vardan $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $740,000 -1.2% $503 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $749,000 -- $510 / 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 $8,774 $800,997 $500,840 $300,157
2024 $8,774 $785,292 $491,020 $294,272
2023 $8,680 $769,895 $481,393 $288,502
2022 $8,283 $754,800 $471,954 $282,846
2021 $6,762 $611,150 $314,318 $296,832
2020 $6,685 $604,885 $311,096 $293,789
2019 $6,484 $593,026 $304,997 $288,029
2018 $6,442 $581,399 $299,017 $282,382
2016 $4,672 $419,800 $173,152 $246,648
2015 $4,578 $413,496 $170,552 $242,944
2014 $4,567 $405,398 $167,212 $238,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21068849

California Regional Multiple Listing Service (CRMLS)

APN: 5621-028-068