NOT LISTED FOR SALE

501 E Elmwood Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,028,000 - $1,319,000

2 Beds
2 Baths
1,028 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $520,000 $506 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,752/month

4 Days on Market

Highlights

  • Open Floorplan
  • Property is near a park
  • Main Floor Primary Bedroom
  • Joaquin Miller Elementary School Rated A-
  • Traditional Architecture
  • Attic

About This Home

As of June 2013

Completely remodeled in 2006 plus den/office, 2 bedroom 2 full bath, corner lot, above Glenoaks Blvd., recently upgraded bathrooms, sink & faucet, new garage door, new central A/C & heater, dishwasher, washer/dryer, newer water heater, new garbage disposal, newer roof, covered patio, gazebo.

Last Agent to Sell the Property

Razmik Hovanessian

American Best Home Realty & Mo License #01883756 Listed on: 05/20/2013

Last Buyer's Agent

Razmik Hovanessian

American Best Home Realty & Mo License #01883756 Listed on: 05/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,066

Year Built

  • Built in 1939

Lot Details

  • 4,100 Sq Ft Lot
  • Lot Dimensions are 56x75
  • Vinyl Fence
  • Corner Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers Throughout Yard

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Controlled Entrance

Home Design

  • Traditional Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Hardboard
  • Plaster
  • Stucco

Interior Spaces

  • 1,028 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Sliding Doors
  • Formal Entry
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Attic Fan

Kitchen

  • Six Burner Stove
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Gazebo
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Central Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13 / D
  • Tax Tract Number 5621
  • Assessor Parcel Number 5621025015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,066

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5621025015
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1028.00
  • Interior Amenities: Attic Fan, Ceiling Fan(s), Granite Counters, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: In Family Room, Dining Room, In Living Room
  • Levels: One
  • Price Per Square Foot: 505.84
  • Room Type: Attic, Bonus Room, Den, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Office
  • Window Features: Blinds, Drapes, Screens

Exterior Features

  • Patio: Yes
  • Foundation: Block
  • Other Structures: Gazebo
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Construction Materials: Drywall Walls, Hardboard, Plaster, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Controlled Entrance, Concrete, Driveway, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Private, Garage - Single Door, Built-In Storage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Sewer Available, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Inside, Washer Included
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Burbank Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Front Yard, Rectangular Lot, Level with Street, Paved, Park Nearby, Corner Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System
  • Lot Size: 56x75
  • Lot Size Sq Ft: 4100.00
  • Lot Size Acres: 0.0940

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4100.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: D
  • Tax Lot: 13
  • Tax Tract Number: 5621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
Jun 24, 2013
Sold by
Hovanessian Razmik
Bought by
Okihiro Brian M Bachman and Okihiro Allison N Bachman
Seller's Agent
Razmik Hovanessian
American Best Home Realty & Mo
Buyer's Agent
Razmik Hovanessian
American Best Home Realty & Mo
List Price
$465,000
Sold Price
$520,000
Premium/Discount to List
$55,000
11.83%
Current Estimated Value
$1,131,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,013
Avg. Annual Appreciation
6.50%
Original Mortgage
$416,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Hovanessian Vahe
Bought by
Hovanessian Razmik and Hovanessian Margaret

Purchase Details

Closed on
May 7, 2004
Sold by
Hovanessian Razmik
Bought by
Hovanessian Razmik and Hovanessian Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2003
Sold by
Hovanessian Razmik
Bought by
Hovanessian Razmik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Hovanessian Razmik
Bought by
Hovanessian Razmik and Hovanessian Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.29%

Purchase Details

Closed on
Jun 20, 2001
Sold by
Hovanessian Razmik
Bought by
Hovanessian Razmik and Hovanessian Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.24%

Purchase Details

Closed on
Oct 4, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hovanessian Razmik and Hovanessian Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.3%

Purchase Details

Closed on
Jun 12, 1997
Sold by
Shoemaker Blythe E and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 18, 1995
Sold by
Shoemaker Chris V
Bought by
Eisenberg Marvin P and Falk Emily
Source: Public Records

Range of Values:

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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
Okihiro Brian M Bachman $520,000 Pacific Coast Title
Hovanessian Razmik -- None Available
Hovanessian Razmik -- United Title Company
Hovanessian Razmik -- --
Hovanessian Razmik -- United Title Company
Hovanessian Razmik -- Fidelity National Title Co
Hovanessian Razmik -- Fidelity National Title
Hovanessian Razmik $140,000 First American Title Co
Federal Home Loan Mortgage Corporation $140,000 Landsafe Title
Eisenberg Marvin P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okihiro Brian M Bachman $348,200
Closed Okihiro Brian M Bachman $416,000
Previous Owner Hovanessian Razmik $280,000
Previous Owner Hovanessian Razmik $280,000
Previous Owner Hovanessian Razmik $36,000
Previous Owner Hovanessian Razmik $224,000
Previous Owner Hovanessian Razmik $50,000
Previous Owner Hovanessian Razmik $175,000
Previous Owner Hovanessian Razmik $89,000
Previous Owner Hovanessian Razmik $50,000
Previous Owner Hovanessian Razmik $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $520,000 +11.8% $506 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $465,000 -- $452 / 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 $7,066 $640,332 $512,268 $128,064
2024 $7,066 $627,777 $502,224 $125,553
2023 $6,991 $615,469 $492,377 $123,092
2022 $6,673 $603,402 $482,723 $120,679
2021 $6,648 $591,571 $473,258 $118,313
2019 $6,378 $574,026 $459,222 $114,804
2018 $6,305 $562,771 $450,218 $112,553
2017 $6,173 $551,738 $441,391 $110,347
2016 $5,990 $540,921 $432,737 $108,184
2015 $5,868 $532,796 $426,237 $106,559
2014 $5,854 $522,360 $417,888 $104,472
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Razmik Hovanessian

    American Best Home Realty & Mo

    (818) 631-9110

    Razmik Hovanessian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13093403

California Regional Multiple Listing Service (CRMLS)

APN: 5621-025-015

California Los Angeles County Burbank 91501 Hillside District

501 E Elmwood Ave, Burbank, CA

This home is located at 501 E Elmwood Ave, Burbank, CA 91501 since 20 May 2013 and is currently estimated at $1,131,013, approximately $1,100 per square foot. This property was built in 1939. 501 E Elmwood Ave is a home located in Los Angeles County with nearby schools including Joaquin Miller Elementary School, John Muir Middle School, and Burbank High School.

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

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