Seller's Agent in 2024
Dennis Chernov
The Agency
(818) 432-1524
4 in this area
487 Total Sales
5112 N Ledge Ave Burbank, CA 91505
Magnolia Park NeighborhoodEstimated Value: $1,657,000 - $3,209,000
5
Beds
5.5
Baths
3,117
Sq Ft
$840/Sq Ft
Est. Value
Highlights
- New Construction
- In Ground Pool
- Open Floorplan
- Dolores Huerta Middle School Rated A-
- Primary Bedroom Suite
- Contemporary Architecture
About This Home
As of February 2024Situated on a quiet tree lined street in the desirable Toluca Woods neighborhood, resides this stunning new construction home that boasts a 1 bed, 1 bath ADU with its own address. Enjoy a spacious open concept main living area that features a living room with a cozy fireplace surrounded by built-ins, formal dining room and gourmet chef’s kitchen equipped with top-of-the-line appliances and a massive island with seating. An oversized sliding glass door opens to provide the quintessential indoor/outdoor living experience. Upstairs you will find three generously sized ensuite bedrooms and a laundry closet. The luxe primary suite boasts a private balcony, custom walk-in closet and spa-like bath that includes a soaking tub, rainfall shower system and double vanities. Designed with entertaining in mind, the backyard comes complete with a sparkling pool/spa, outdoor BBQ, ample patio space and a low maintenance artificial turf yard. Additional amenities include high ceilings throughout, a main level ensuite bedroom, hidden storage room, two car garage and ADU, perfect for an office, gym, a separate living space for family/guests or to rent out for additional income.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,642
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,916 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned BUR1*
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Contemporary Architecture
- Entry on the 1st floor
Interior Spaces
- 3,117 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Built-In Features
- High Ceiling
- Recessed Lighting
- Sliding Doors
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Storage
- Laundry Room
- Neighborhood Views
Kitchen
- Breakfast Bar
- Double Oven
- Gas Range
- Range Hood
- Freezer
- Dishwasher
- Kitchen Island
- Utility Sink
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Multiple Shower Heads
- Separate Shower
- Exhaust Fan In Bathroom
Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Balcony
- Patio
- Outdoor Grill
Schools
- Roosevelt Elementary School
- Luther Middle School
- Burroughs High School
Additional Features
- Suburban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 23 / 3
- Tax Tract Number 6331
- Assessor Parcel Number 2419025024
- $219 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2024
Closed on
Feb 5, 2024
Sold by
5112 Ledge Llc
Bought by
John E Dempsey And Michele L Dempsey Family T and Dempsey
Seller's Agent
Dennis Chernov
The Agency
List Price
$2,995,000
Sold Price
$2,975,000
Premium/Discount to List
-$20,000
-0.67%
Views
256
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$357,220
Avg. Annual Appreciation
-6.05%
Original Mortgage
$1,700,000
Outstanding Balance
$1,670,761
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,030,020
Purchase Details
Listed on
Jan 4, 2022
Closed on
Jan 20, 2022
Sold by
Carolyn Quackenbush Trust
Bought by
5112 Ledge Llc
Seller's Agent
Grace Fogg Miranda
Keller Williams Realty World Media Center
Buyer's Agent
Leila Torres Drewes
Keller Williams Realty World Media Center
List Price
$1,000,000
Sold Price
$1,175,000
Premium/Discount to List
$175,000
17.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.75%
Original Mortgage
$1,777,686
Interest Rate
3.55%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 7, 2013
Sold by
Quackenbush Carolyn
Bought by
Quackenbush Carolyn and Carolyn Quackenbush Trust Of 2013
Purchase Details
Closed on
Oct 4, 1994
Sold by
Krehel Joseph K and Krehel Hazel M
Bought by
Krehel Joseph K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John E Dempsey And Michele L Dempsey Family T | $2,975,000 | Fidelity National Title | |
| 5112 Ledge Llc | $1,175,000 | Lawyers Title | |
| 5112 Ledge Llc | $1,175,000 | Lawyers Title | |
| Quackenbush Carolyn | -- | None Available | |
| Krehel Joseph K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | John E Dempsey And Michele L Dempsey Family T | $1,700,000 | |
| Previous Owner | 5112 Ledge Llc | $1,777,686 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2024 02/28/24 | Sold | $2,975,000 | -0.7% | $954 / Sq Ft |
| 01/08/2024 01/08/24 | For Sale | $2,995,000 | +154.9% | $961 / Sq Ft |
| 02/25/2022 02/25/22 | Sold | $1,175,000 | +17.5% | $1,096 / Sq Ft |
| 01/14/2022 01/14/22 | Pending | -- | -- | -- |
| 01/05/2022 01/05/22 | For Sale | $1,000,000 | -- | $933 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,642 | $3,034,500 | $1,667,700 | $1,366,800 |
| 2024 | $13,642 | $1,222,470 | $977,976 | $244,494 |
| 2023 | $13,496 | $1,198,500 | $958,800 | $239,700 |
| 2022 | $903 | $63,464 | $39,242 | $24,222 |
| 2021 | $893 | $62,221 | $38,473 | $23,748 |
| 2019 | $862 | $60,378 | $37,333 | $23,045 |
| 2018 | $777 | $59,195 | $36,601 | $22,594 |
| 2016 | $726 | $56,898 | $35,181 | $21,717 |
| 2015 | $714 | $56,044 | $34,653 | $21,391 |
| 2014 | $723 | $54,947 | $33,975 | $20,972 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Chernov
-
Jason Saks
Buyer Co-Listing Agent in 2024
Jason Saks
Douglas Elliman of California, Inc.
(858) 864-8737
1 in this area
20 Total Sales
-
Grace Fogg Miranda
Seller's Agent in 2022
Grace Fogg Miranda
Keller Williams Realty World Media Center
(818) 570-1255
4 in this area
295 Total Sales
-
Leila Torres Drewes
Buyer's Agent in 2022
Leila Torres Drewes
Keller Williams Realty World Media Center
(818) 613-9428
2 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23231224
APN: 2419-025-024
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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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