NOT LISTED FOR SALE

500 S Main St Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $1,012,000 - $1,245,503

4 Beds
2 Baths
1,560 Sq Ft
$741/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2018

Last sale price $815,000 $522 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,113 / mo

8 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Neighborhood Views
  • William McKinley Elementary School Rated A-
  • Private Yard
  • Crown Molding

About This Home

As of February 2018

Delightful Duplex with Two 2BD, 1BA Units Each with Their Own Separate Laundry Rooms. Front Unit Includes Welcoming Formal Living Room with Beautiful Hardwood Flooring and Crown Molding. Updated Eat-in Kitchen with Dining Area and Inside Laundry with Stack Washer and Dryer. Full Bathroom and Hallway Linen Closet. Back Unit Includes Living Room, Eat-In Kitchen, Dining Area and and Laundry Room with Stack Washer and Dryer. Back Patio Area/Parking Pad, Behind second unit and Two Car Shared Garage. Units Have Separate Water Heaters, Gas and Electric Meters with One Master Water Meter. Front Unit: $ 1,675.00 & Back Unit: $ 1,575.00. Better A Look!

Last Agent to Sell the Property

David Fogg

Keller Williams Realty World Media Center License #01149065 Listed on: 01/31/2018

Last Buyer's Agent

Elvin Apelian

Equity Union License #01433009

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,397 Sq Ft Lot
  • Two or More Common Walls
  • Cross Fenced
  • Block Wall Fence
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Living Room
  • Neighborhood Views
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 9017
  • Assessor Parcel Number 2451023026

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,863
  • Operating Expense $14,063
  • Net Operating Income $24,902

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

5,397 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: BUR3*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2451023026
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Crown Molding
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 522.44
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Cross Fenced
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 5397.00

Multi Family

  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 24902.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 14063.00
  • Rent Control: No
  • Total Actual Rent: 3250.00
  • Total Expenses: 14063.00

Tax Info

  • New Taxes Expense: 9863.00
  • Tax Census Tract: 3118.02
  • Tax Lot: 66
  • Tax Tract Number: 9017

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 31, 2018
Closed on
Feb 21, 2018
Sold by
Bought by
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Elvin Apelian
Equity Union
List Price
$789,000
Sold Price
$815,000
Premium/Discount to List
$26,000
3.3%
Current Estimated Value
$1,156,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,126
Avg. Annual Appreciation
4.29%

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 16, 2018
Sold by
Bought by
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Elvin Apelian
Equity Union
List Price
$789,000
Sold Price
$815,000
Premium/Discount to List
$26,000
3.3%

Purchase Details

Closed on
Oct 9, 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
$558,000
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 8, 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
$558,000
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 1995
Sold by
Bought by
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

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
-- Lawyers Title Company
$815,000 Lawyers Title Company
-- Fidelity Sherman Oaks
$620,000 Fidelity Sherman Oaks
-- None Available
-- None Available
-- None Available
-- --
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 $558,000
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
02/27/2018 02/27/18 Sold $815,000 +3.3% $522 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $789,000 -- $506 / 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 $10,556 $927,326 $551,845 $375,481
2024 $10,234 $909,144 $541,025 $368,119
2023 $10,125 $891,318 $530,417 $360,901
2022 $9,666 $873,842 $520,017 $353,825
2021 $9,630 $856,709 $509,821 $346,888
2019 $9,240 $831,300 $494,700 $336,600
2018 $7,250 $645,047 $387,028 $258,019
2016 $6,883 $620,000 $372,000 $248,000
2015 $1,102 $90,306 $38,230 $52,076
2014 $1,113 $88,538 $37,482 $51,056
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Fogg

    Keller Williams Realty World Media Center

  • Elvin Apelian

    Buyer's Agent in 2018

    Elvin Apelian

    Equity Union

    (818) 618-1818

    67 Total Sales

    Elvin Apelian
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18023524

California Regional Multiple Listing Service (CRMLS)

APN: 2451-023-026

California Los Angeles County Burbank 91506 Rancho Adjacent

500 S Main St, Burbank, CA

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
Your Personal Tour Guide

Ask me questions while you tour the home.