NOT LISTED FOR SALE

Estimated Value: $1,212,000 - $1,944,250

5 Beds
4 Baths
3,076 Sq Ft
$491/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $875,000 $284 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $8,893/month

Highlights

  • Community Stables
  • In Ground Pool
  • No HOA
  • William McKinley Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Central Air

About This Home

As of June 2014

Located in The Rancho Equestrian neighborhood in Burbank, this wonderful 2 Homes on 1 Lot. This Great property has a Front House: 2 Story home with plenty of great features. 3 Bedrooms & 2 Baths. Kitchen with eat-in area and new Granite counter tops,New Stove,Microwave and Dishwasher. Living Room with Birch Hardwood floors, bay window & fireplace. Downstairs Den/Family Room. Formal Dining Room with bay window, wood floors & shutters. 2 of the upstairs bedrooms have walk-in closets. 1 Bedroom with fireplace and balcony. In unit laundry room. Back House: Large downstairs Great Room with new laminate flooring. Refinished kitchen cabinets. Large upstairs Loft/Bedroom with Fireplace, slider closets, new carpeting and Bathroom. In-unit Laundry. The middle yard features a New Pool, Grassy Yard and a Deck . Great place to entertain! 2-Car Garage with new garage door & opener. Close to studios, renowned schools, hospital and all local amenities. Walking distance to Lycee International de Los Angeles.

Last Agent to Rent the Property

Ara Ishkhanian

Keller Williams Realty World Media Center License #01358291 Listed on: 05/08/2014

Keller Williams Realty World Media Center

Last Renter's Agent

Ara Ishkhanian

Keller Williams Realty World Media Center License #01358291 Listed on: 05/08/2014

Keller Williams Realty World Media Center

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,848 Sq Ft Lot
  • Density is 21-25 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 3,076 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 4 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Air

Listing and Financial Details

  • Security Deposit $6,000
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Tax Lot 52
  • Tax Tract Number 9634
  • Assessor Parcel Number 5625029003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Pets: 300
  • Deposit Security: 6000
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5625029003
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3076.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1.71
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Stable(s)

Lot Info

  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 5848.00
  • Lot Size Acres: 0.1340

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 5848.0000 Square Feet
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Lot: 52
  • Tax Tract Number: 9634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2013
Closed on
Jan 21, 2014
Sold by
Farris Eileen C and The Eileen C Farris Living Tru
Bought by
Mesrobian Family Trust
Seller's Agent
Robert Kurdyan
Keller Williams Realty World Media Center
Buyer's Agent
Ara Ishkhanian
Keller Williams Realty World Media Center
List Price
$879,000
Sold Price
$875,000
Premium/Discount to List
-$4,000
-0.46%
Current Estimated Value
$1,510,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,313
Avg. Annual Appreciation
4.71%
Original Mortgage
$612,500
Outstanding Balance
$172,348
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$1,337,965

Purchase Details

Listed on
Dec 9, 2013
Closed on
Jan 6, 2014
Sold by
Lawrence Diane
Bought by
Farris Eileen C and Eileen C Farris Living Trust
Seller's Agent
Robert Kurdyan
Keller Williams Realty World Media Center
Buyer's Agent
Ara Ishkhanian
Keller Williams Realty World Media Center
List Price
$879,000
Sold Price
$875,000
Premium/Discount to List
-$4,000
-0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Outstanding Balance
$172,348
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$1,337,965

Purchase Details

Closed on
Aug 28, 2008
Sold by
Farris Eileen C
Bought by
Farris Eileen C and Eileen C Farris Living Trust

Purchase Details

Closed on
Nov 15, 2002
Sold by
Farris Eileen C and Lawrence Diane
Bought by
Farris Eileen C and Lawrence Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,500
Interest Rate
5.89%
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
Mesrobian Family Trust $875,000 Lawyers Title
Farris Eileen C -- Lawyers Title
Farris Eileen C -- None Available
Farris Eileen C -- Accommodation
Farris Eileen C -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesrobian Family Trust $612,500
Previous Owner Farris Eileen C $215,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2014 06/13/14 Rented $5,250 -4.5% --
05/14/2014 05/14/14 Under Contract -- -- --
05/08/2014 05/08/14 For Rent $5,500 0.0% --
03/07/2014 03/07/14 Sold $875,000 -0.5% $284 / Sq Ft View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $879,000 -- $286 / 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 $11,936 $1,072,621 $643,574 $429,047
2024 $11,936 $1,051,590 $630,955 $420,635
2023 $11,811 $1,030,972 $618,584 $412,388
2022 $11,279 $1,010,757 $606,455 $404,302
2021 $11,227 $990,939 $594,564 $396,375
2020 $11,104 $980,779 $588,468 $392,311
2019 $10,776 $961,549 $576,930 $384,619
2018 $10,614 $942,696 $565,618 $377,078
2016 $10,069 $906,092 $543,655 $362,437
2015 $9,865 $892,482 $535,489 $356,993
2014 $2,742 $237,451 $45,619 $191,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14095668

California Regional Multiple Listing Service (CRMLS)

APN: 5625-029-003