NOT LISTED FOR SALE

414 E Valencia Ave Unit 306 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $868,000 - $1,061,000

3 Beds
2 Baths
1,560 Sq Ft
$525/mo HOA Fee

Last Sold January 17, 2023

Last sale price $880,000 $564 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,359/month

105 Days on Market

Highlights

  • View of Trees or Woods
  • 0.73 Acre Lot
  • Dumbwaiter
  • Joaquin Miller Elementary School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of January 2023

Built in 2006. Luxurious front unit condominium on the top floor corner, featuring a large balcony. Located in one of the most desirable neighborhoods of Burbank. This condominium is near the heart of the city, Downtown Burbank. Allowing Trader Joes, Ralphs, and the Burbank Town Center Mall to be all within walking distance. This gorgeous open space condo includes 3 bedrooms and 2 bathrooms finished with decorative high ceilings, recessed  lighting, and wood flooring. Additionally, the large kitchen was custom designed with granite countertops incorporating a front facing breakfast bar. The master bathroom features double vanities, a bathtub, and a stand-in shower. Two other bedrooms can be found down the hallway, each including their very own private mirrored closet. The laundry closet, including a washer and dryer, can also be found near the kitchen. The climate control features two zone A/C and Heat. Subterranean parking is included with an enclosed two car private garage. The enclosed garage of this particular unit, PS28, is much larger than most other garages in the same building. The city of Burbank itself includes many public resources, including a highly rated school system, as well as being home to many well-known studios, such as Disney or Warner Brothers, to name a few.

Last Agent to Sell the Property

Carlo Gharibian

Coldwell Banker Hallmark License #01453004 Listed on: 09/01/2022

Coldwell Banker Hallmark

Last Buyer's Agent

Albert Babayan

JohnHart Real Estate License #01012033

JohnHart Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 0.73

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener

Home Design

  • Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Door Entry
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Views of Woods
  • Intercom

Kitchen

  • Dumbwaiter
  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Ramp on the main level

Schools

  • Burbank High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Central Water Heater
  • Sewer Paid

Additional Features

  • Living Room Balcony
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54150
  • Assessor Parcel Number 5621028069

Community Details

Overview

  • 38 Units
  • Valencia Court HOA, Phone Number (661) 257-2452
  • Infinity Property Services HOA
  • Not Applicable 105 Subdivision

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$525 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Not Applicable-105
  • View: Yes
  • Zoning: BUR4*
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5621028069
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1560.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Crown Molding, Dumbwaiter, Granite Counters, High Ceilings, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Stone, Wood
  • Accessibility Features: Disability Features, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 564.10
  • Room Type: Master Bathroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Remodeled, Stone Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Private, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator, Water Heater Central
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sewer, Water, Hot Water
  • Association Fee: 525.00
  • Association Fee Frequency: Monthly
  • Association Name: Valencia Court HOA
  • Phone: (661)257-2452
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Infinity property Services

Schools

  • High School: Burbank
  • High School2: BURBAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • 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 Lot: 1
  • Tax Tract Number: 54150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jan 9, 2023
Sold by
Galstanyan Rafik
Bought by
Hakopian Piyounik
Seller's Agent
Carlo Gharibian
Coldwell Banker Hallmark
Buyer's Agent
Albert Babayan
JohnHart Real Estate
List Price
$929,000
Sold Price
$880,000
Premium/Discount to List
-$49,000
-5.27%
Views
76
Current Estimated Value
$955,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,834
Avg. Annual Appreciation
2.80%
Original Mortgage
$530,000
Outstanding Balance
$509,246
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$446,588

Purchase Details

Closed on
Jul 12, 2022
Sold by
Galstanyan Rubik
Bought by
Galstanyan Rafik

Purchase Details

Closed on
Aug 15, 2014
Sold by
Security National Life Insurance Company
Bought by
Galstanyan Rubik

Purchase Details

Closed on
Mar 31, 2009
Sold by
Baboomian Andre
Bought by
Security National Life Insurance Company

Purchase Details

Closed on
Feb 6, 2007
Sold by
Valencia Empire Homes Llc
Bought by
Baboomian Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hakopian Piyounik $880,000 Chicago Title
Galstanyan Rafik -- Chicago Title
Galstanyan Rubik $525,000 Lawyers Title Company
Security National Life Insurance Company $544,000 Orange Coast Title
Baboomian Andre $680,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakopian Piyounik $530,000
Previous Owner Baboomian Andre $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2023 01/17/23 Sold $880,000 +0.1% $564 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/26/2022 11/26/22 Price Changed $879,000 -5.4% $563 / Sq Ft
09/01/2022 09/01/22 For Sale $929,000 0.0% $596 / Sq Ft
11/26/2018 11/26/18 Rented $3,300 0.0% --
11/26/2018 11/26/18 For Rent $3,300 -- --
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 $10,017 $915,551 $550,683 $364,868
2024 $10,017 $897,600 $539,886 $357,714
2023 $8,725 $773,000 $510,000 $263,000
2022 $6,567 $594,573 $315,407 $279,166
2021 $6,538 $582,916 $309,223 $273,693
2019 $6,272 $565,628 $300,052 $265,576
2018 $6,232 $554,538 $294,169 $260,369
2016 $5,914 $533,006 $282,747 $250,259
2015 $5,794 $525,000 $278,500 $246,500
2014 $4,795 $425,447 $294,137 $131,310
Source: Public Records

Agents Affiliated with this Home

  • Carlo Gharibian

    Seller's Agent in 2023

    Carlo Gharibian

    Coldwell Banker Hallmark

    (818) 476-3000

    1 in this area

    23 Total Sales

    Carlo Gharibian
    Section Image
  • Albert Babayan

    Buyer's Agent in 2023

    Albert Babayan

    JohnHart Real Estate

    (818) 246-1099

    13 in this area

    139 Total Sales

    Albert Babayan
    Section Image

  • R

    Buyer Co-Listing Agent in 2023

    Roubina Zargarian

    JohnHart Real Estate

    (818) 246-1099

    10 in this area

    115 Total Sales

    Roubina Zargarian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22192694

California Regional Multiple Listing Service (CRMLS)

APN: 5621-028-069

California Los Angeles County Burbank 91201 Hillside District

414 E Valencia Ave Unit 306, Burbank, CA

Not Listed for Sale

Condos

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