NOT LISTED FOR SALE

Estimated Value: $722,000 - $876,000

3 Beds
2 Baths
1,262 Sq Ft
$330/mo HOA Fee

Last Sold November 06, 2020

Last sale price $665,000 $527 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,460/month

7 Days on Market

Highlights

  • 0.47 Acre Lot
  • High Ceiling
  • Laundry Room
  • Ralph Emerson Elementary School Rated A-
  • Balcony
  • Central Heating and Cooling System

About This Home

As of November 2020

Beautifully remodeled 3 bedrooms, 2 baths located in highly desirable area in Burbank. This light and bright end unit with no shared walls welcomes you to a large living room with vaulted ceiling, recessed lights, tiled fireplace. Remodeled kitchen with natural stone counter top, newer appliances, slide out kitchen shelves, breakfast bar. Kitchen opens into the dining area with sliding door leading to the balcony. Master suite with vaulted ceiling, recessed lights, closet organizers, remodeled bathroom. Washer & dryer inside the unit. Good size loft that can be used as a den or an office is the 3rd bedroom. In addition this unit accommodates a huge insulated walk-in attic for your extra storage. Some upgrades are newer remodeled kitchen, newer ductwork, recessed lighting, and newer heating/AC, Two assigned subterranean parking spaces with extra large storage and security gate. Walking distance to Media City Center, close proximity to major studios and Downtown L.A.

Last Listed By

Marina Makaryan

Equity Union License #01326418 Listed on: 09/02/2020

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,816

Year Built

  • Built in 1981

Lot Details

  • 0.47

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,262 Sq Ft Home
  • High Ceiling
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • No Common Walls
  • Central Heating and Cooling System

Community Details

  • 20 Units
  • HOA Organizers Association, Phone Number (818) 778-3331
  • Edward Markaryan HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 41331
  • Assessor Parcel Number 2455036042

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,816

Year Built

Built in 1981

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 8183982077
  • Property Attached: No
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455036042
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1262.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 526.94
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: HOA ORGANIZERS
  • Phone: 8187783331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: EDWARD MARKARYAN

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 20383.00
  • Lot Size Acres: 0.4679

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20383.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 3107.01
  • Tax Lot: 1
  • Tax Tract Number: 41331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Sep 17, 2020
Sold by
Aladjanian Narine
Bought by
Moulayess Louay and Codron Justine M
Seller's Agent
Marina Makaryan
Equity Union
List Price
$625,000
Sold Price
$665,000
Premium/Discount to List
$40,000
6.4%
Total Days on Market
7
Current Estimated Value
$798,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,044
Avg. Annual Appreciation
4.06%
Original Mortgage
$422,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2016
Closed on
Apr 5, 2016
Sold by
Aladjanian Vartan
Bought by
Aladjanian Narine
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Marina Makaryan
Keller Williams Encino-Sherman Oaks
List Price
$479,974
Sold Price
$510,000
Premium/Discount to List
$30,026
6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$382,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2016
Closed on
Mar 28, 2016
Sold by
Francis Nancy L and Francis Joseph S
Bought by
Aladjanian Narine
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Marina Makaryan
Keller Williams Encino-Sherman Oaks
List Price
$479,974
Sold Price
$510,000
Premium/Discount to List
$30,026
6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2012
Sold by
Summers Susan Chloanne and The Summers Living Trust
Bought by
Francis Nancy L and Francis Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
The Susan Chloanne Summers Trust
Bought by
Summers Susan Chloanne and The Summers Living Trust

Purchase Details

Closed on
Jan 12, 1999
Sold by
Summers Susan C Tr
Bought by
Summers Susan Chloanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,900
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Moulayess Louay $665,000 Lawyers Title
Aladjanian Narine -- Fidelity Sherman Oaks
Aladjanian Narine $510,000 Fidelity National Title Co
Francis Nancy L $335,000 Equity Title Los Angeles
Summers Susan Chloanne -- --
Summers Susan Chloanne -- Gateway Title Company
Summers Susan Chloanne -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moulayess Louay $422,250
Previous Owner Aladjanian Narine $382,500
Previous Owner Francis Nancy L $318,250
Previous Owner Summers Susan Chloanne $196,000
Previous Owner Summers Susan Chloanne $50,000
Previous Owner Summers Susan Chloanne $40,000
Previous Owner Summers Susan Chloanne $157,500
Previous Owner Summers Susan Chloanne $25,000
Previous Owner Summers Susan Chloanne $24,900
Previous Owner Summers Susan Chloanne $132,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $665,000 +6.4% $527 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $625,000 +22.5% $495 / Sq Ft
05/10/2016 05/10/16 Sold $510,000 0.0% $404 / Sq Ft
04/04/2016 04/04/16 Price Changed $509,905 +6.2% $404 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $479,974 -- $380 / 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
2024 $7,816 $705,701 $504,922 $200,779
2023 $7,731 $691,865 $495,022 $196,843
2022 $7,375 $678,300 $485,316 $192,984
2021 $7,422 $665,000 $475,800 $189,200
2019 $5,992 $541,214 $344,785 $196,429
2018 $5,954 $530,603 $338,025 $192,578
2016 $3,815 $348,475 $176,318 $172,157
2015 $3,737 $343,242 $173,670 $169,572
2014 $3,728 $336,520 $170,269 $166,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20181477

California Regional Multiple Listing Service (CRMLS)

APN: 2455-036-042