NOT LISTED FOR SALE

427 E Orange Grove Ave Unit 308 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $553,000 - $776,000

2 Beds
2 Baths
950 Sq Ft
$325/mo HOA Fee

Last Sold March 30, 2017

Last sale price $505,000 $532 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,279/month

14 Days on Market

Highlights

  • Gated Parking
  • 22,655 Sq Ft lot
  • Contemporary Architecture
  • Ralph Emerson Elementary School Rated A-
  • Mountain View
  • Bamboo Flooring

About This Home

As of March 2017

This top-floor remodeled beauty features 2 bedrooms, 2 baths, a patio balcony, and low HOA fees of $325. Features include remodeled kitchen with on-trend subway tile and quartz counter tops, remodeled bathrooms, installed closet organizers, barn door bedroom entry, fireplace, new bamboo flooring plus ceramic tile floors in kitchen and entry, new lighting fixtures and two side-by-side subterranean parking spaces. High ceilings highlight the view of the mountains. All appliances stay. The well-maintained complex is across the street from Burbank's main public library and, on Saturday, the Burbank Farmers Market. Walk to downtown Burbank's many attractions.

Last Agent to Sell the Property

Judy Graff

Judy Graff Properties License #01244300 Listed on: 02/07/2017

Last Buyer's Agent

Nancy Craig

License #01065932

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978

Lot Details

  • Gated Home

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 950 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Converted Bedroom
  • 2 Full Bathrooms

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 2455-028-049

Community Details

Overview

  • 30 Units
  • Pcm Management Association
  • Maintained Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1978

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Advertising Remarks: This top-floor remodeled beauty features 2 bedrooms, 2 baths, a patio balcony, and low HOA fees of $325. Features include remodeled kitchen with on-trend subway tile and quartz counter tops, remodeled bathrooms, installed closet organizers, barn door bedroom entry, fireplace, new bamboo flooring plus ceramic tile floors in kitchen and entry, new lighting fixtures and two side-by-side subterranean parking spaces. High ceilings highlight the view of the mountains. All appliances stay. The well-maintained complex is across the street from Burbank's main public library and, on Saturday, the Burbank Farmers Market. Walk to downtown Burbank's many attractions.
  • Complex Name: Orange Grove HOA
  • Entry Floor: 3
  • Exclusions: None
  • Living Area: 950
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Year Built: 1978
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Bamboo, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Inclusions: All appliances stay.
  • Price Per S Q F T: 515.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Gated Underground

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 325.00
  • Management Company: PCM Management
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2455-028-049
  • Geocode Override: No
  • Lot Size Area: 22655

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 30

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2019
Sold by
Galoustian Ara and Galoustian Marina
Bought by
Galoustian Family Trust
Current Estimated Value
$652,468

Purchase Details

Listed on
Feb 7, 2017
Closed on
Mar 13, 2017
Sold by
Back Jens
Bought by
Galoustian Ara and Galoustian Marina
Seller's Agent
Judy Graff
Judy Graff Properties
Buyer's Agent
Nancy Craig
List Price
$490,000
Sold Price
$505,000
Premium/Discount to List
$15,000
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$367,500
Outstanding Balance
$304,581
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$347,887

Purchase Details

Listed on
Jul 8, 2014
Closed on
Jul 16, 2014
Sold by
Mathieu Carole Y
Bought by
Back Jens
Seller's Agent
Joanne McCulloch
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Joanne McCulloch
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.50%
Original Mortgage
$318,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2011
Sold by
Mathieu Carole Y and The Carole Y Mathieu Separate
Bought by
Mathieu Carole Y and The Carole Y Mathieu Survivors Trust

Purchase Details

Closed on
Mar 25, 2005
Sold by
Young Fred Jay
Bought by
Mathieu Carole Y and The Carol Y Mathieu Separate Property Tr

Purchase Details

Closed on
Mar 7, 2005
Sold by
Mathieu Carole Y and Young Carole K
Bought by
Mathieu Carole Y and The Carole Y Mathieu Separate Property T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galoustian Family Trust -- None Available
Galoustian Ara $505,000 Orange Coast Title Co Socal
Back Jens $340,000 Lawyers Title
Mathieu Carole Y -- None Available
Mathieu Carole Y -- None Available
Mathieu Carole Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galoustian Ara $367,500
Previous Owner Back Jens $318,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2017 03/30/17 Sold $505,000 +3.1% $532 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $490,000 +44.1% $516 / Sq Ft
08/28/2014 08/28/14 Sold $340,000 -2.9% $358 / Sq Ft View Prior Sale
07/14/2014 07/14/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $350,000 -- $368 / 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 $6,427 $586,090 $382,991 $203,099
2024 $6,427 $574,599 $375,482 $199,117
2023 $6,358 $563,333 $368,120 $195,213
2022 $6,066 $552,288 $360,902 $191,386
2021 $6,044 $541,460 $353,826 $187,634
2019 $5,797 $525,402 $343,332 $182,070
2018 $5,765 $515,100 $336,600 $178,500
2016 $3,841 $345,184 $191,983 $153,201
2015 $3,764 $340,000 $189,100 $150,900
2014 $1,615 $138,871 $54,412 $84,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-199694

The MLS

APN: 2455-028-049