NOT LISTED FOR SALE

500 E Valencia Ave Unit 102 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $896,000 - $1,171,000

3 Beds
3.5 Baths
1,670 Sq Ft
$583/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $580,000 $347 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,963/month

81 Days on Market

Highlights

  • No Units Above
  • Gated Community
  • Mountain View
  • Joaquin Miller Elementary School Rated A-
  • Dual Staircase
  • Contemporary Architecture

About This Home

As of July 2015

Prime Location North of Glenoaks Blvd, Newer Construction built in 2007, Luxurious Tri-Level Townhouse with 3 beds 3.5 baths, All three 3 bedrooms have their own bathrooms, recessed lighting and hardwood floor. The kitchen has cherry wood cabinets with granite counter top and stainless steel appliances. Master suite has an additional private entrance from the outside of the complex. Can be used separately for in laws or teenager. Unit offers private large patio/balcony, in addition complex offers large patio in the rear of building with built in BBQ.

Last Agent to Sell the Property

Arman Hartoyan

Realty Source Incorporated License #01775775 Listed on: 03/26/2015

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 7,775 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,670 Sq Ft Home
  • Dual Staircase
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Grill

Additional Features

  • More Than Two Accessible Exits
  • Urban Location
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 64013
  • Assessor Parcel Number 5621029045

Community Details

Overview

  • 6 Units

Additional Features

  • Community Barbecue Grill
  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5621029045
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1670.00
  • Interior Amenities: 2 Staircases, Balcony
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 347.31
  • Room Type: All Bedrooms Up, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Microwave, Refrigerator
  • Heating Type: Forced Air, Zoned
  • Laundry Features: Dryer Included, Inside, Upper Level, Washer Included
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 7775.00
  • Lot Size Acres: 0.1780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7775.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 64013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Parsadanian Edward and Parsadanian Jeanette A
Bought by
Parsadanian Edward and Parsadanian Jeanette R
Current Estimated Value
$974,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,200
Outstanding Balance
$482,746
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$491,557

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jun 23, 2015
Sold by
Hovhannisyan Margarit
Bought by
Parsadanian Edward and Parsadanian Jeannette A
Seller's Agent
Arman Hartoyan
Realty Source Incorporated
List Price
$580,000
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$580,000
Interest Rate
4.01%
Mortgage Type
VA

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jun 22, 2015
Sold by
Jouharyan Edward
Bought by
Hovhannisyan Margarit
Seller's Agent
Arman Hartoyan
Realty Source Incorporated
List Price
$580,000
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.01%
Mortgage Type
VA

Purchase Details

Closed on
Sep 30, 2014
Sold by
Hovhannisyan Margarit
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
$97,820
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2008
Sold by
Valencia Lights Llc
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
$275,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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
Parsadanian Edward -- Placer Title Company
Parsadanian Edward $580,000 Lawyers Title Company
Hovhannisyan Margarit -- Lawyers Title Company
Hovhannisyan Margarit -- None Available
Hovhannisyan Margarit $550,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsadanian Edward $543,200
Closed Parsadanian Edward $580,000
Previous Owner Hovhannisyan Margarit $97,820
Previous Owner Hovhannisyan Margarit $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $580,000 0.0% $347 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $580,000 -- $347 / 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 $7,491 $686,593 $361,172 $325,421
2024 $7,491 $673,132 $354,091 $319,041
2023 $7,410 $659,935 $347,149 $312,786
2022 $7,146 $646,996 $340,343 $306,653
2021 $7,038 $634,311 $333,670 $300,641
2019 $6,750 $615,499 $323,774 $291,725
2018 $6,704 $603,431 $317,426 $286,005
2016 $6,934 $580,000 $305,100 $274,900
2015 $6,426 $583,000 $329,000 $254,000
2014 $5,929 $528,000 $297,600 $230,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15064553

California Regional Multiple Listing Service (CRMLS)

APN: 5621-029-045