NOT LISTED FOR SALE

508 S 7th St Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $876,000 - $1,138,000

3 Beds
2 Baths
1,099 Sq Ft
$907/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $495,000 $450 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,758/month

32 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • No HOA
  • Joaquin Miller Elementary School Rated A-
  • Corner Lot
  • 5-minute walk to Joaquin Miller Park

About This Home

As of April 2014

Welcome to this newly renovated cozy single family residence. This adorable home offers 3 bedrooms and 2 bathrooms. Kitchen has been refinished with new counter-tops, sink, and stove. The house has new flooring and fresh paint throughout. Back yard/patio is perfect for reading a book or relaxing on the weekends. Conveniently located close to IKEA, Costco, shopping, and the 5 fwy. Completely turn key move-in condition. Bring your buyers and come check it out.

Last Agent to Sell the Property

EVAN YEH

DIAMOND TRUST REALTY License #01927152 Listed on: 02/14/2014

Co-Listed By

JEFFERY YAN

DIAMOND TRUST REALTY License #01923559

Last Buyer's Agent

Inga Kevorkova

Discovery Realty and Finance License #01272939

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 2,602 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot

Parking

  • 1 Car Garage
  • No Driveway
  • On-Street Parking

Home Design

  • Turnkey
  • Raised Foundation

Interior Spaces

  • 1,099 Sq Ft Home
  • Living Room
  • Mountain Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 2455001019

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

2,602 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2455001019
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1099.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 450.41
  • Room Type: All Bedrooms Down, Living Room, Master Bedroom

Exterior Features

  • Foundation: Raised
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking Features: Garage, No Driveway, Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2602.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2602.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Apr 24, 2014
Sold by
Rac Development Inc
Bought by
Tooi Hilal G
Seller's Agent
EVAN YEH
DIAMOND TRUST REALTY
Buyer's Agent
Inga Kevorkova
Discovery Realty and Finance
List Price
$530,000
Sold Price
$495,000
Premium/Discount to List
-$35,000
-6.6%
Current Estimated Value
$997,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,315
Avg. Annual Appreciation
6.07%
Original Mortgage
$245,000
Outstanding Balance
$183,275
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$814,040

Purchase Details

Listed on
Feb 14, 2014
Closed on
Apr 1, 2014
Sold by
Shoni Shadha Yonan
Bought by
Tooi Hilal G
Seller's Agent
EVAN YEH
DIAMOND TRUST REALTY
Buyer's Agent
Inga Kevorkova
Discovery Realty and Finance
List Price
$530,000
Sold Price
$495,000
Premium/Discount to List
-$35,000
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$183,275
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$814,040

Purchase Details

Closed on
Dec 12, 2013
Sold by
Rac Development Inc
Bought by
Rac Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 29, 2013
Sold by
Raza Hussain
Bought by
Rac Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 15, 2009
Sold by
Zainab Tahira
Bought by
Raza Hussain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2009
Sold by
Rodriguez Leandro I
Bought by
Raza Hussain and Raza Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1997
Sold by
Muniz Dulce
Bought by
Muniz Dulce and Rodriguez Leandro I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tooi Hilal G $495,000 Ticor Title Company
Rac Development Inc -- Ticor Title Company
Tooi Hilal G -- Ticor Title Company
Rac Development Inc -- Ticor Title
Rac Development Inc -- None Available
Raza Hussain -- Chicago Title
Raza Hussain $395,000 Chicago Title
Muniz Dulce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tooi Hilal G $245,000
Previous Owner Rac Development Inc $275,000
Previous Owner Raza Hussain $387,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2014 04/28/14 Sold $495,000 -0.6% $450 / Sq Ft
03/11/2014 03/11/14 Price Changed $498,000 -6.0% $453 / Sq Ft
02/14/2014 02/14/14 For Sale $530,000 -- $482 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,826 $606,792 $484,211 $122,581
2024 $6,618 $594,895 $474,717 $120,178
2023 $6,546 $583,231 $465,409 $117,822
2022 $8,074 $734,400 $587,520 $146,880
2021 $6,297 $560,586 $447,338 $113,248
2020 $6,227 $554,839 $442,752 $112,087
2019 $6,042 $543,961 $434,071 $109,890
2018 $5,979 $533,296 $425,560 $107,736
2016 $5,678 $512,589 $409,036 $103,553
2015 $5,563 $504,890 $402,892 $101,998
2014 $4,767 $424,000 $320,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    EVAN YEH

    DIAMOND TRUST REALTY

  • J

    Seller Co-Listing Agent in 2014

    JEFFERY YAN

    DIAMOND TRUST REALTY

  • I

    Buyer's Agent in 2014

    Inga Kevorkova

    Discovery Realty and Finance

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14032358

California Regional Multiple Listing Service (CRMLS)

APN: 2455-001-019

California Los Angeles County Burbank 91501 Hillside District

508 S 7th St, Burbank, CA

Not Listed for Sale

Detached

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