NOT LISTED FOR SALE

465 E Magnolia Blvd Unit 103 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $751,000 - $861,000

2 Beds
2 Baths
1,270 Sq Ft
$234/mo HOA Fee

Last Sold October 30, 2015

Last sale price $498,000 $392 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,989/month

45 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.42 Acre Lot
  • Spanish Architecture
  • Ralph Emerson Elementary School Rated A-
  • Open Floorplan
  • Granite Countertops

About This Home

As of October 2015

Beautiful 2 bedroom 2 bathroom within walking distance to down town Burbank: This elegant condo offers:High quality shutters, high ceilings, new laminate floors, stainless steel side by side refrigerator, Italian design kitchen cabinets, dimmer switch ceiling lights, inside washer and dryer, double pane windows and sliding back door.This complex is surrounded with green gardens. Relax in the back private patio full of trees!
HOA covers: Building Insurance, common area electricity, water, building maintenance, trash,cleaning and garden sevice

Last Agent to Sell the Property

Raquel Nikravesh

Raquel Nikravesh, Broker License #01258377 Listed on: 09/15/2015

Last Buyer's Agent

Pushpa Nagaraj

COMPASS License #01306346

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,491

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • Front Yard

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,270 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Shutters
  • Living Room
  • L-Shaped Dining Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Granite Countertops

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60668
  • Assessor Parcel Number 2455036048

Community Details

Overview

  • 10 Units

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,491

Year Built

Built in 2005

Lot Details

0

HOA Fees

$234 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455036048
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1270.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 392.13
  • Room Type: All Bedrooms Down, Living Room, Master Bedroom
  • Window Features: Shutters

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Oven
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 234.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 18070.00
  • Price Per Lot Square Foot: 27.56
  • Lot Size Acres: 0.4150

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 60668

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Oct 21, 2015
Sold by
Parsa Mark
Bought by
Kodumuri Raju and Gudimalla Kavitha
Seller's Agent
Raquel Nikravesh
Raquel Nikravesh, Broker
Buyer's Agent
Pushpa Nagaraj
COMPASS
List Price
$498,000
Sold Price
$498,000
Current Estimated Value
$790,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,831
Avg. Annual Appreciation
4.79%
Original Mortgage
$398,400
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Magnolia Rose Homeowners Assn
Bought by
Parsa Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.46%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Kodumuri Raju $498,000 Equity Title
Parsa Mark $564,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kodumuri Raju $475,000
Closed Kodumuri Raju $338,000
Closed Kodumuri Raju $338,000
Closed Kodumuri Raju $398,400
Previous Owner Parsa Mark $32,874
Previous Owner Parsa Mark $180,000
Previous Owner Parsa Mark $121,500
Previous Owner Parsa Mark $420,000
Previous Owner Parsa Mark $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $498,000 0.0% $392 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
09/30/2015 09/30/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $498,000 -- $392 / 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 $6,491 $589,524 $305,417 $284,107
2024 $6,491 $577,966 $299,429 $278,537
2023 $6,422 $566,634 $293,558 $273,076
2022 $6,128 $555,524 $287,802 $267,722
2021 $6,103 $544,632 $282,159 $262,473
2019 $5,854 $528,480 $273,791 $254,689
2018 $5,817 $518,119 $268,423 $249,696
2016 $5,522 $498,000 $258,000 $240,000
2015 $5,230 $481,000 $289,000 $192,000
2014 $4,780 $432,000 $259,700 $172,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15204054

California Regional Multiple Listing Service (CRMLS)

APN: 2455-036-048