NOT LISTED FOR SALE

4248 W Mcfarlane Ave Burbank, CA 91505

Media District Neighborhood

Estimated Value: $2,256,000 - $2,641,000

4 Beds
3 Baths
3,002 Sq Ft
$831/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $1,710,000 $570 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $14,775/month

42 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Living Room with Fireplace
  • R. L. Stevenson Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of August 2018

$200K PRICE REDUCTION! Gorgeous 2 story single-family home on the Burbank side of exclusive Toluca Lake. The state of the art kitchen is equipped with Viking appliances and opens up to bright large living and dining areas where there are 25 foot ceilings and views of the yard. Floor to ceiling windows ensure an abundance of light flows through the home and there is recessed lighting throughout the home. Master bedroom has it's own private patio and spa like bath with large walk-in closet. 2 additional bedrooms and hall bath upstairs along with laundry. First floor 4th bedroom is en suite. The home is pre wired for surround sound and security cameras. The hedged in private backyard includes a salt water pool, spa, fire pit and outdoor dining area with chandelier that are perfect for summer nights under the stars and entertaining! Walking distance to studios, great restaurants, shopping and night life. It's Toluca Lake with Burbank schools, city services and amenities!

Last Agent to Sell the Property

Doug Rago

eXp Realty of California Inc License #01711253 Listed on: 05/11/2018

eXp Realty of California Inc

Co-Listed By

Becky Richards

Equity Union License #01767305

Last Buyer's Agent

Hayward Hamrick

eXp Realty of California Inc License #01263428

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 6,697 Sq Ft Lot
  • Property is zoned BUR1*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,002 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2485-014-012

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3002
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting
  • Fireplace Rooms: Living Room
  • Flooring: Stone Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Island, Stone Counters
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 564.62

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2485-014-012
  • Geocode Override: No
  • Lot Size Area: 6697

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2018
Sold by
Reisz Michael E
Bought by
Donohue Sarah and Censo William Di
Current Estimated Value
$2,494,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 2013
Sold by
Reisz Michael Elliot
Bought by
Reisz Michael E and The Michael E Reisz Trust Of 2013

Purchase Details

Closed on
Feb 3, 2011
Sold by
Mkrtchyan Mger and Mger Mkrtchyan Revocable Trust
Bought by
Reisz Michael Elliot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,751
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Mkrtchyan Mger
Bought by
Mkrtchyan Mger and Mger Mkrtchyan Revocable Trust

Purchase Details

Closed on
Oct 3, 2008
Sold by
Bourguignon Troy
Bought by
Mkrtchyan Mger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2007
Sold by
Mcmillan Lisa
Bought by
Bourguignon Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 12, 2007
Sold by
Ash Betty Lou
Bought by
Bourguignon Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Donohue Sarah $1,710,000 Stewart Title
Reisz Michael E -- None Available
Reisz Michael Elliot $1,295,000 Lawyers Title
Mkrtchyan Mger -- None Available
Mkrtchyan Mger $1,525,000 Commonwealth Land Title Co
Bourguignon Troy -- Commonwealth Land Title Co
Bourguignon Troy $720,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donohue Sarah $1,368,000
Previous Owner Reisz Michael Elliot $729,751
Previous Owner Mkrtchyan Mger $915,000
Previous Owner Bourguignon Troy $144,000
Previous Owner Bourguignon Troy $576,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $1,710,000 +0.9% $570 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $1,695,000 -10.6% $565 / Sq Ft
05/11/2018 05/11/18 For Sale $1,895,000 -- $631 / 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
2025 $20,905 $1,907,533 $861,959 $1,045,574
2024 $20,905 $1,870,131 $845,058 $1,025,073
2023 $20,681 $1,833,463 $828,489 $1,004,974
2022 $19,741 $1,797,514 $812,245 $985,269
2021 $19,668 $1,762,269 $796,319 $965,950
2019 $18,869 $1,710,000 $772,700 $937,300
2018 $16,209 $1,458,144 $874,887 $583,257
2016 $15,395 $1,401,524 $840,915 $560,609
2015 $15,080 $1,380,473 $828,284 $552,189
2014 $15,027 $1,353,433 $812,060 $541,373
Source: Public Records

Agents Affiliated with this Home

  • Doug Rago

    Seller's Agent in 2018

    Doug Rago

    eXp Realty of California Inc

    (310) 780-3957

    1 in this area

    53 Total Sales

    Doug Rago
    Section Image
  • Becky Richards

    Seller Co-Listing Agent in 2018

    Becky Richards

    Equity Union

    (818) 515-8685

    1 in this area

    20 Total Sales

    Becky Richards
    Section Image

  • H

    Buyer's Agent in 2018

    Hayward Hamrick

    eXp Realty of California Inc

    Section Image
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Map

Source: The MLS

MLS Number: 18-342738

The MLS

APN: 2485-014-012

California Los Angeles County Burbank 91505 Media District

4248 W Mcfarlane Ave, Burbank, CA

Not Listed for Sale

Detached

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