NOT LISTED FOR SALE

500 E Valencia Ave Unit 103 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $860,000 - $1,087,000

3 Beds
4 Baths
1,770 Sq Ft
$559/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2023

Last sale price $860,000 $486 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,525 / mo

25 Days on Market

Highlights

  • No Units Above
  • Gated Parking
  • Subterranean Parking
  • Joaquin Miller Elementary School Rated A-
  • City Lights View
  • Patio

About This Home

As of March 2023

Private luxury private townhome for sale in the Burbank Hills in a small 6 unit complex! This is a must see! The property has been professionally staged and you will love it!! Built in 2007 in awesome move in condition, this huge 3 bedroom and 4 bathroom unit was built for a large family. Great for first time buyers or investors. Features include kitchen with stainless steel appliances and granite countertops, formal dining room, spacious living room with maple wood floors, formal entryway, laundry area inside the unit, central heat and air, recessed lights, huge private patio, 2 gated parking spaces, and great views. The primary suite is set up as a bedroom and office, but it could be a huge suite! Don't miss the BBQ and patio area in the back! Low HOA fee. Close proximity to schools, shops, and transportation.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 01/19/2023

Last Buyer's Agent

MARGARET LIANG

Harvest Realty Development, Inc. License #01863148

Harvest Realty Development, Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
  • Front Yard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 1,770 Sq Ft Home
  • Formal Entry
  • Living Room
  • Dining Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 64013
  • Assessor Parcel Number 5621029046
  • $167 per year additional tax assessments

Community Details

Overview

  • 6 Units
  • 500 Valencia HOA, Phone Number (818) 913-7899

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

7,775 Sq Ft Lot

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR3YY
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5621029046
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1770.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 485.88
  • Room Type: Entry, Formal Entry, Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: 500 Valencia HOA
  • Phone: 818-913-7899
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: 500 Valencia HOA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7775.00
  • Lot Size Acres: 0.1785

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7775.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3107.03
  • Tax Lot: 1
  • Tax Tract Number: 64013
  • TaxOtherAnnualAssessmentAmount: 167.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 16, 2023
Sold by
Bought by
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
MARGARET LIANG
Harvest Realty Development, Inc.
List Price
$899,998
Sold Price
$860,000
Premium/Discount to List
-$39,998
-4.44%
Views
125
Current Estimated Value
$989,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,521
Avg. Annual Appreciation
4.20%

Purchase Details

Listed on
Mar 19, 2020
Closed on
Mar 26, 2020
Sold by
Bought by
Seller's Agent
'Vic' Vartan Markarian
Markarian Realty
Buyer's Agent
Ryan Ridley
Equity Union
List Price
$699,700
Sold Price
$709,000
Premium/Discount to List
$9,300
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Feb 12, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hillside District, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$860,000 Fidelity National Title
$709,000 Lawyers Title Company
$600,000 North American Title
$450,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $480,000
Previous Owner $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2023 03/16/23 Sold $860,000 -4.4% $486 / Sq Ft
01/19/2023 01/19/23 For Sale $899,998 +26.9% $508 / Sq Ft
04/02/2020 04/02/20 Sold $709,000 +1.3% $401 / Sq Ft View Prior Sale
03/19/2020 03/19/20 For Sale $699,700 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,049 $894,743 $490,756 $403,987
2024 $9,738 $877,200 $481,134 $396,066
2023 $8,439 $745,282 $427,723 $317,559
2022 $8,054 $730,670 $419,337 $311,333
2021 $8,020 $716,344 $411,115 $305,229
2020 $7,387 $659,358 $359,240 $300,118
2019 $7,167 $646,431 $352,197 $294,234
2018 $7,121 $633,757 $345,292 $288,465
2016 $6,752 $609,149 $331,885 $277,264
2015 $5,337 $482,162 $226,616 $255,546
2014 $5,324 $472,718 $222,177 $250,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23004218

California Regional Multiple Listing Service (CRMLS)

APN: 5621-029-046

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