NOT LISTED FOR SALE

437 E Palm Ave Unit 206 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $728,711 - $800,000

2 Beds
2 Baths
1,375 Sq Ft
$450/mo HOA Fee

Last Sold June 05, 2017

Last sale price $530,000 $385 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,929/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • 22,752 Sq Ft lot
  • Controlled Access
  • Ralph Emerson Elementary School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of June 2017

Welcome to this beautiful Burbank condo located north of Glenoaks and walking distance to Downtown Burbank. You will fall in love with this bright unit with lots of natural light coming through its many windows. The large living room and dining room have laminate floors throughout and a cozy fireplace accents the living room. The master suite includes a large master bathroom with a double vanity and lots of closet space. The kitchen includes granite counter tops. Some of the other special features of this unit are the three balconies, in-unit large laundry room, only one common wall and two side-by-side parking spaces. In addition the complex is very well maintained. You will fall in love with this unit.

Last Agent to Sell the Property

Ailine Vakian

Pinnacle Estate Properties, Inc. License #01902716 Listed on: 04/28/2017

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall
  • Density is 26-30 Units/Acre

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,375 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 3928
  • Assessor Parcel Number 2455029046

Community Details

Overview

  • Palm Village Association, Phone Number (818) 981-1802
  • Maintained Community

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer/Dryer and Refrigerator
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455029046
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1375.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 385.45
  • Room Type: All Bedrooms Down, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Maintenance Grounds, Water, Dues Paid Monthly, Controlled Access
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Village
  • Phone: 818-981-1802
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 22752.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3107.02
  • Tax Lot: 1
  • Tax Tract Number: 3928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 9, 2017
Sold by
Baghdasarian Arbi
Bought by
Apilado Herminio P and Apilado Elizabeth C
Seller's Agent
Ailine Vakian
Pinnacle Estate Properties, Inc.
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$749,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,428
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Apr 3, 2007
Sold by
Hovhannisyan Margarit
Bought by
Baghdasarian Arbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Jouharyan Edward
Bought by
Hovhannisyan Margarit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2005
Sold by
Ferrick Joseph G and The Living Trust Of Joseph G F
Bought by
Hovhannisyan Margarit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2002
Sold by
Ferrick Joseph G
Bought by
Ferrick Joseph G and Living Trust Of Joseph G Ferrick
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Apilado Herminio P $530,000 Priority Title Company
Baghdasarian Arbi $480,000 Chicago Title Co
Hovhannisyan Margarit -- Security Union Title
Hovhannisyan Margarit $450,000 Security Union Title
Ferrick Joseph G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baghdasarian Arbi $384,000
Previous Owner Hovhannisyan Margarit $359,650
Previous Owner Hovhannisyan Margarit $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2017 06/05/17 Sold $530,000 +1.0% $385 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $525,000 -- $382 / 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 $6,770 $615,103 $415,022 $200,081
2024 $6,770 $603,043 $406,885 $196,158
2023 $6,698 $591,219 $398,907 $192,312
2022 $6,391 $579,628 $391,086 $188,542
2021 $6,365 $568,264 $383,418 $184,846
2019 $6,105 $551,411 $372,047 $179,364
2018 $6,070 $540,600 $364,752 $175,848
2016 $5,084 $457,500 $324,400 $133,100
2015 $5,056 $457,500 $324,400 $133,100
2014 $4,189 $378,000 $268,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Ailine Vakian

    Seller's Agent in 2017

    Ailine Vakian

    Pinnacle Estate Properties, Inc.

    (818) 399-0060

    54 Total Sales

    Ailine Vakian
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17092165

California Regional Multiple Listing Service (CRMLS)

APN: 2455-029-046

California Los Angeles County Burbank 91501 Hillside District

437 E Palm Ave Unit 206, Burbank, CA

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes