NOT LISTED FOR SALE

503 E Valencia Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $970,522 - $1,150,000

2 Beds
2 Baths
983 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $820,000 $834 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,568/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Open Floorplan
  • Wood Flooring
  • Joaquin Miller Elementary School Rated A-
  • Contemporary Architecture
  • Corner Lot

About This Home

As of July 2021

Zen-inspired Home! Spacious 2 bedrooms 2 baths a well-sought location in Burbank close to good schools, shopping and more. Features a delightful Living Room that Invites Family Enjoyment with a Bay window for Sun-Lit days. The kitchen is bright and airy with stainless steel appliances, granite countertops, and tiled floors. The Master bedroom features a big size walk-in closet and a full-sized bathroom. Charming paneled walls in the MB were tastefully done. Standard sized second bedroom and a separate bathroom. The laundry area is separately located steps behind the kitchen. The Yard has a Picnic-Perfect Patio and with charming shaded flowering trees, perfect for the afternoon retreat, a lovely setting!

Last Agent to Sell the Property

Grace Manlapaz

Gracie Homes Realty License #01891967 Listed on: 06/11/2021

Last Buyer's Agent

Kimike Clark

Dwell California Real Estate & Investments, Inc. License #02007077

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,540

Year Built

  • Built in 1923

Lot Details

  • 3,581 Sq Ft Lot
  • Block Wall Fence
  • Brick Fence
  • Corner Lot
  • Garden
  • Front Yard

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Parking Available
  • Combination Of Materials Used In The Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 983 Sq Ft Home
  • Open Floorplan
  • ENERGY STAR Qualified Doors
  • Dining Room
  • Courtyard Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Washer

Schools

  • Miller Elementary School
  • John Muir Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 6694
  • Assessor Parcel Number 5621026021

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,540

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 3236004273
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5621026021
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 983.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: ENERGY STAR Qualified Doors
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 834.18
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Fence: Yes
  • Fencing: Block, Brick
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport, Covered, Driveway - Combination, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Available, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Space Heater
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Burbank Unified
  • Elementary School: Miller
  • Middle School: John Muir
  • Elementary School: Miller
  • Middle Or Junior School: John Muir
  • Elementary School #2: MILLER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Garden
  • Lot Size Sq Ft: 3581.00
  • Lot Size Acres: 0.0822

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3581.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 41
  • Tax Tract: 6694
  • Tax Tract Number: 6694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 6, 2021
Sold by
Stein Emmanuela and Stein Fernando
Bought by
Lauer Mick William
Seller's Agent
Grace Manlapaz
Gracie Homes Realty
Buyer's Agent
Kimike Clark
Dwell California Real Estate & Investments, Inc.
List Price
$799,999
Sold Price
$820,000
Premium/Discount to List
$20,001
2.5%
Current Estimated Value
$1,092,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,131
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Sep 9, 2014
Sold by
Stein Fernando and Stein Emmanuela
Bought by
Stein Emmanuela and Stein Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,400
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Us Bank National Association
Bought by
Stein Fernando and Stein Emmanuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2009
Sold by
Kwak Kyungae Kwon and Kwak Boohwan
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2004
Sold by
Padilla Renato V
Bought by
Kwak Boohwan and Kwak Kyungae Kwon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 30, 1993
Sold by
Frishette William J and Frishette Cynthia
Bought by
Padilla Renato V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
7.25%
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
Lauer Mick William $820,000 New Title Company Name
Stein Emmanuela -- Lawyers Title
Stein Fernando $335,000 First American Title Company
Us Bank National Association $386,675 Accommodation
Kwak Boohwan $358,000 Financial Title
Padilla Renato V $183,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stein Emmanuela $287,400
Previous Owner Stein Fernando $301,500
Previous Owner Kwak Boohwan $286,400
Previous Owner Padilla Renato V $173,850
Closed Kwak Boohwan $71,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $820,000 +2.5% $834 / Sq Ft
06/11/2021 06/11/21 For Sale $799,999 -- $814 / 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 $9,540 $870,189 $696,152 $174,037
2024 $9,540 $853,127 $682,502 $170,625
2023 $9,438 $836,400 $669,120 $167,280
2022 $9,007 $820,000 $656,000 $164,000
2021 $4,543 $399,487 $319,592 $79,895
2020 $4,492 $395,391 $316,315 $79,076
2019 $4,360 $387,639 $310,113 $77,526
2018 $4,288 $380,039 $304,033 $76,006
2016 $4,070 $365,283 $292,228 $73,055
2015 $3,988 $359,797 $287,839 $71,958
2014 $3,981 $352,750 $282,201 $70,549
Source: Public Records

Agents Affiliated with this Home

  • Grace Manlapaz

    Seller's Agent in 2021

    Grace Manlapaz

    Gracie Homes Realty

    (323) 600-4273

    1 in this area

    6 Total Sales

    Grace Manlapaz
    Section Image

  • K

    Buyer's Agent in 2021

    Kimike Clark

    Dwell California Real Estate & Investments, Inc.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21116162

California Regional Multiple Listing Service (CRMLS)

APN: 5621-026-021

California Los Angeles County Burbank 91501 Hillside District

503 E Valencia Ave, Burbank, CA

This home is located at 503 E Valencia Ave, Burbank, CA 91501 since 11 June 2021 and is currently estimated at $1,092,131, approximately $1,111 per square foot. This property was built in 1923. 503 E Valencia 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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