NOT LISTED FOR SALE

507 N Frederic St Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,406,000 - $1,486,980

3 Beds
2 Baths
1,657 Sq Ft
$875/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2015

Last sale price $810,000 $489 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,521 / mo

9 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • Dolores Huerta Middle School Rated A-
  • Property is near park and public transit
  • Bamboo Flooring

About This Home

As of May 2015

From the moment you step into this incr-"edible" gorgeous, well-maintained pool home, you'll fall in love! Located in the highly sought after Burbank Magnolia Park! Enjoy throwing pool parties w/lunch that you picked from your garden. The home is the 1st recipient of the Burbank Sustainable Commission Green Spotlight Award. It includes a number of green living sustainable features. Graze or dine year-round from the organic permaculture garden, a cornucopia of vegetables, fruits & herbs. This 3 bed 2 bath home features large backyard w/pool, patio & arbor, a garage converted to studio/ office, rain barrel collection + The interior offers a living room w/rock fireplace, beautifully refinished hardwood & bamboo floors, updated kitchen w/granite counter tops & formal dining room w/windows overlooking the backyard, central air, electrical & plumbing have some upgrades. Located near the Media District, cafes, shops, famous Handy Market, Griffith Park & top rated Roosevelt Elementary School.

Last Agent to Sell the Property

Cherryl Weaver

Re/Max Tri-City License #01353222 Listed on: 03/30/2015

Last Buyer's Agent

Kim Villalobos

EMPOWER Real Estate License #00880450

EMPOWER Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 7,065 Sq Ft Lot
  • Property is zoned BUR1YY

Home Design

  • Midcentury Modern Architecture
  • Asphalt Roof

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Entry
  • Living Room with Fireplace
  • 3 Fireplaces
  • L-Shaped Dining Room
  • Den with Fireplace
  • Pool Views
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer Hookup

Parking

  • 1 Carport Space
  • Converted Garage

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Shed

Additional Features

  • Property is near park and public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2479-021-013

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

7,065 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: From the moment you step into this incr-"edible" gorgeous, well-maintained pool home, you'll fall in love! Located in the highly sought after Burbank Magnolia Park! Enjoy throwing pool parties w/lunch that you picked from your garden. The home is the 1st recipient of the Burbank Sustainable Commission Green Spotlight Award. It includes a number of green living sustainable features. Graze or dine year-round from the organic permaculture garden, a cornucopia of vegetables, fruits & herbs. This 3 bed 2 bath home features large backyard w/pool, patio & arbor, a garage converted to studio/ office, rain barrel collection + The interior offers a living room w/rock fireplace, beautifully refinished hardwood & bamboo floors, updated kitchen w/granite counter tops & formal dining room w/windows overlooking the backyard, central air, electrical & plumbing have some upgrades. Located near the Media District, cafes, shops, famous Handy Market, Griffith Park & top rated Roosevelt Elementary School.
  • Entry Location: Living Room
  • Living Area: 1657
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Bamboo, Ceramic Tile, Hardwood
  • Appliances: Free Standing Gas
  • Bedrooms: 3
  • Fireplaces: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Ell
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Refrigerator, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 452.02

Exterior Features

  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Patio: Concrete Slab, Covered Porch
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Asphalt
  • View: Pool
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Carport

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2479-021-013
  • Geocode Override: No
  • Lot Location: Near Public Transit, Park Nearby
  • Lot Size Area: 7065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2018
Sold by
Wambsgans Colin Matthew and Fortenberry Dorothy A
Bought by
Wambsgans Colin and Fortenberry Dorothy
Current Estimated Value
$1,449,745

Purchase Details

Listed on
Mar 30, 2015
Closed on
Apr 9, 2015
Sold by
Venturelli Angelo and Venturelli Ava
Bought by
Wambsgans Colin Matthew and Fortenberry Dorothy A
Seller's Agent
Cherryl Weaver
Re/Max Tri-City
Buyer's Agent
Kim Villalobos
EMPOWER Real Estate
List Price
$749,000
Sold Price
$810,000
Premium/Discount to List
$61,000
8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$486,000
Outstanding Balance
$372,629
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$1,077,116

Purchase Details

Closed on
Aug 4, 1995
Sold by
Glosup Edgar D and Glosup Barbara L
Bought by
Venturelli Angelo and Venturelli Ava

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,550
Interest Rate
7.25%
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
Wambsgans Colin -- None Available
Wambsgans Colin Matthew $810,000 Fidelity National Title Co
Venturelli Angelo $245,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wambsgans Colin Matthew $486,000
Previous Owner Venturelli Angelo $220,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $810,000 +8.1% $489 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $749,000 -- $452 / Sq Ft
Source: The MLS

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 $10,655 $973,488 $696,106 $277,382
2024 $10,655 $954,401 $682,457 $271,944
2023 $10,540 $935,688 $669,076 $266,612
2022 $10,061 $917,342 $655,957 $261,385
2021 $10,021 $899,356 $643,096 $256,260
2019 $9,613 $872,682 $624,022 $248,660
2018 $9,500 $855,572 $611,787 $243,785
2016 $9,022 $822,351 $588,032 $234,319
2015 $3,727 $338,637 $168,902 $169,735
2014 -- $332,005 $165,594 $166,411
Source: Public Records

Agents Affiliated with this Home

  • Cherryl Weaver

    Seller's Agent in 2015

    Cherryl Weaver

    RE/MAX

    (323) 254-1350

    28 Total Sales

    Cherryl Weaver
    Section Image
  • Kim Villalobos

    Buyer's Agent in 2015

    Kim Villalobos

    EMPOWER Real Estate

    (818) 694-1090

    1 in this area

    34 Total Sales

    Kim Villalobos
    Section Image
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Map

Source: The MLS

MLS Number: 15-891289

The MLS

APN: 2479-021-013

California Los Angeles County Burbank 91505 Magnolia Park

507 N Frederic St, Burbank, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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