NOT LISTED FOR SALE

436 E Palm Ave Unit 305 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $730,000 - $812,000

2 Beds
2 Baths
1,360 Sq Ft
0.78 Acres

Last Sold February 01, 2017

Last sale price $550,000 $404 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,606/month

Highlights

  • Updated Kitchen
  • 0.78 Acre Lot
  • Granite Countertops
  • Ralph Emerson Elementary School Rated A-
  • Mountain View
  • Subterranean Parking

About This Home

As of September 2022

Luxury Top Floor Condo * 2 Bedrooms / 2 Bathrooms * 1,360sqft * Fully Updated * Open Floor Plan * Bright * Large Living Room With Fireplace * Dining Area * Large Master With Walk-In Closet * High Ceiling * Recessed Lighting * Central A/C & Heat * Balcony With Views * Washer/Dryer Inside * 2 Car Parking * No Pets!

Last Agent to Rent the Property

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 09/13/2022

Last Renter's Agent

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 09/13/2022

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 1,360 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association
  • 12 Units

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 10/1/22
  • Tax Lot 1
  • Tax Tract Number 37013
  • Assessor Parcel Number 2455028081

Condo Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-10-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2455028081
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1360.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.46
  • Room Type: Kitchen
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 34082.00
  • Lot Size Acres: 0.7824

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 34082.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12
  • Rent Includes: Water

Tax Info

  • Tax Census Tract: 3107.04
  • Tax Lot: 1
  • Tax Tract Number: 37013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 12, 2016
Sold by
Khachatrian Arno
Bought by
Dilanchyan Armine
Seller's Agent
Arno Bagumyan
JohnHart Real Estate
Buyer's Agent
Arno Bagumyan
Exclusive Estate Properties Inc
List Price
$529,000
Sold Price
$550,000
Premium/Discount to List
$21,000
3.97%
Current Estimated Value
$769,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,837
Avg. Annual Appreciation
3.84%
Original Mortgage
$440,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2015
Sold by
Bagumyan Arpine
Bought by
Khachatrian Arno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2012
Closed on
Oct 23, 2012
Sold by
Harmon Bonnie K and Bonnie K Harmon Living Trust
Bought by
Bagumyan Arpine
Seller's Agent
Craig Hunter
Media West Realty,Inc.
List Price
$359,000
Sold Price
$356,000
Premium/Discount to List
-$3,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$284,800
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2012
Sold by
Harmon Bonnie K and The Bonnie K Harmon Trust
Bought by
Harmon Bonnie K and The Bonnie K Harmon Living Trust

Purchase Details

Closed on
Oct 22, 2002
Sold by
Harmon Bonnie K and Penman Bonnie K
Bought by
Harmon Bonnie K and Bonnie K Harmon Trust Agreement

Purchase Details

Closed on
Jul 7, 1995
Sold by
World Ministry To Others Of Burbank Inc
Bought by
Penman Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.62%
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
Dilanchyan Armine $550,000 Title 365
Khachatrian Arno $470,000 Chicago Title Company
Bagumyan Arpine $356,000 Fidelity Van Nuys
Bagumyan Arpine -- Fidelity Van Nuys
Harmon Bonnie K -- None Available
Harmon Bonnie K -- --
Penman Bonnie K $140,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dilanchyan Armine $440,000
Previous Owner Khachatrian Arno $352,000
Previous Owner Bagumyan Arpine $284,800
Previous Owner Penman Bonnie K $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2022 09/20/22 Rented $3,350 +3.1% --
09/13/2022 09/13/22 For Rent $3,250 0.0% --
02/01/2017 02/01/17 Sold $550,000 +4.0% $404 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $529,000 +48.6% $389 / Sq Ft
11/15/2012 11/15/12 Sold $356,000 -0.8% $262 / Sq Ft View Prior Sale
10/18/2012 10/18/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $359,000 -- $264 / 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 $7,017 $638,315 $423,843 $214,472
2024 $7,017 $625,800 $415,533 $210,267
2023 $6,942 $613,531 $407,386 $206,145
2022 $6,625 $601,502 $399,399 $202,103
2021 $6,598 $589,709 $391,568 $198,141
2019 $6,328 $572,219 $379,954 $192,265
2018 $6,294 $561,000 $372,504 $188,496
2016 $5,220 $470,000 $286,700 $183,300
2015 $4,049 $364,760 $193,651 $171,109
2014 $4,041 $357,616 $189,858 $167,758
Source: Public Records

Agents Affiliated with this Home

  • Artin Sarkissian

    Landlord's Agent in 2022

    Artin Sarkissian

    The Art In Real Estate

    (818) 437-2433

    16 in this area

    218 Total Sales

    Artin Sarkissian
    Section Image
  • Tade KESHISHYAN

    Buyer Co-Listing Agent in 2022

    Tade KESHISHYAN

    Silver Spoon Properties

    (818) 859-2303

    1 in this area

    5 Total Sales

    Tade KESHISHYAN
    Section Image
  • Arno Bagumyan

    Seller's Agent in 2017

    Arno Bagumyan

    JohnHart Real Estate

    (818) 468-4444

    4 in this area

    12 Total Sales

    Arno Bagumyan
    Section Image

  • C

    Seller's Agent in 2012

    Craig Hunter

    Media West Realty,Inc.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22200575

California Regional Multiple Listing Service (CRMLS)

APN: 2455-028-081

California Los Angeles County Burbank 91501 Hillside District

436 E Palm Ave Unit 305, Burbank, CA

Not Listed for Sale

Condos

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