NOT LISTED FOR SALE

511 E Walnut Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,374,969 - $1,513,000

3 Beds
2 Baths
1,383 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $525,000 $380 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $8,313/month

41 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • Fireplace in Primary Bedroom
  • Ralph Emerson Elementary School Rated A-
  • Mountain View
  • No HOA

About This Home

As of February 2012

Family owned for over 31 years! Custom house in the Burbank Hills on an oversized over 10,000 sqft lot!!! This 3 bedroom house features kitchen with dining area, semi-circular formal dining room, living room with fireplace, master suite with fireplace, formal entryway, hardwood floors, workshop behind garage, and more!!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 09/19/2011

Last Buyer's Agent

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 09/19/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 10,054 Sq Ft Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking

Interior Spaces

  • 1,383 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3548
  • Assessor Parcel Number 2459032007

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2459032007
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1383.00
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 379.61
  • Room Type: Living Room, Master Suite

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gated

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Sq Ft: 10054.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10054.0000 Square Feet

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 3548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2011
Closed on
Feb 9, 2012
Sold by
Thomas Laurie S
Bought by
Thomas Eric W
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$569,965
Sold Price
$525,000
Premium/Discount to List
-$44,965
-7.89%
Current Estimated Value
$1,465,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$940,492
Avg. Annual Appreciation
7.71%
Original Mortgage
$367,500
Outstanding Balance
$250,981
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,214,511

Purchase Details

Listed on
Sep 19, 2011
Closed on
Jan 19, 2012
Sold by
Black Sandi Joan and Estate Of John Rockwell
Bought by
Thomas Eric W
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$569,965
Sold Price
$525,000
Premium/Discount to List
-$44,965
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$250,981
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,214,511

Purchase Details

Closed on
Oct 21, 2010
Sold by
Rockwell Joan and Frontino Joan M
Bought by
Rockwell Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
2.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Thomas Eric W -- Fidelity Van Nuys
Thomas Eric W $525,000 Fidelity Van Nuys
Rockwell Joan -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Eric W $367,500
Previous Owner Rockwell Joan $892,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2012 02/14/12 Sold $525,000 -0.9% $380 / Sq Ft
10/30/2011 10/30/11 Pending -- -- --
10/10/2011 10/10/11 Price Changed $529,925 -7.0% $383 / Sq Ft
09/19/2011 09/19/11 For Sale $569,965 -- $412 / 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 $7,340 $659,417 $527,537 $131,880
2024 $7,340 $646,489 $517,194 $129,295
2023 $7,263 $633,813 $507,053 $126,760
2022 $6,935 $621,386 $497,111 $124,275
2021 $6,907 $609,203 $487,364 $121,839
2019 $6,629 $591,135 $472,909 $118,226
2018 $6,534 $579,545 $463,637 $115,908
2016 $6,205 $557,043 $445,635 $111,408
2015 $6,080 $548,677 $438,942 $109,735
2014 $6,067 $537,930 $430,344 $107,586
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2012

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    42 in this area

    356 Total Sales

    Brad Korb
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B11123923

California Regional Multiple Listing Service (CRMLS)

APN: 2459-032-007

California Los Angeles County Burbank 91501 Hillside District

511 E Walnut Ave, Burbank, CA

Not Listed for Sale

Detached

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