NOT LISTED FOR SALE

Estimated Value: $1,186,000 - $1,387,812

4 Beds
2 Baths
1,540 Sq Ft
$823/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $1,050,000 $682 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,889/month

6 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • William McKinley Elementary School Rated A-
  • Park
  • Central Air

About This Home

As of October 2022

Gorgeous, Duplex, beautiful floor plan, consist of: 2/Two Bedroom, 1Bath units. Wood Floors, Central HVAC unit, updated Windows. Rear unit has updated kitchen, granite countertops, washer/dryer stack unit, dishwasher. Patio area. Parking space for 3 vehicles. Long time month to month tenants. Great Burbank location, between Alameda & Victory, close to media center, Parks, Freeway, Transportation, Burbank unified school district.

Last Agent to Sell the Property

Tony Tatousian

REMAX OPTIMA License #02122818 Listed on: 08/23/2022

REMAX OPTIMA

Last Buyer's Agent

Vehanoosh Grigorian

1st Eagle Realty License #01051266

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,913

Year Built

  • Built in 1944

Lot Details

  • 6,525 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Private Yard
  • Back Yard

Home Design

  • Duplex

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 172
  • Tax Tract Number 11972
  • Assessor Parcel Number 2445003023
  • $217 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,913

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Inclusions: 2 stoves, 2 refrigerators, washer & dryer stack unit
  • Property Attached: Yes
  • View: No
  • Zoning: BUR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2445003023
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1540.00 Square Feet
  • Stories: 1
  • Entry Location: Main Street
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 681.82
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System, Yard
  • Lot Size Sq Ft: 6525.00
  • Lot Size Acres: 0.1498
  • Latitude Manual: 34.16838300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6525.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 3117.00
  • Tax Lot: 172
  • Tax Tract Number: 11972
  • TaxOtherAnnualAssessmentAmount: 217.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Nazarian Arbi
Bought by
Dadanian Sevana and Nazarian Arbi
Current Estimated Value
$1,267,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,977
Outstanding Balance
$245,890
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,022,063

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 5, 2022
Sold by
517 South Main Street Llc
Bought by
Nazarian Arbi
Seller's Agent
Tony Tatousian
REMAX OPTIMA
Buyer's Agent
Vehanoosh Grigorian
1st Eagle Realty
List Price
$1,050,000
Sold Price
$1,050,000
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$104,500
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2021
Sold by
Housepian Masis and Mirzaian Selina
Bought by
517 South Main Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2021
Sold by
517 South Main Street Llc
Bought by
Housepian Masis and Mirzaian Selina

Purchase Details

Closed on
Sep 7, 2017
Sold by
Housepian Masis
Bought by
517 S Main St Llc

Purchase Details

Closed on
Apr 19, 2016
Sold by
Housepian Masis
Bought by
Housepian Masis and Mirzaian Selina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jul 23, 2015
Sold by
Endoso Nicolle Michelle
Bought by
Endoso Kenneth Michael
Seller's Agent
Laureen Endoso
Real Brokerage Technologies
List Price
$629,000
Sold Price
$630,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$375,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jun 25, 2015
Sold by
Mirzaian Selina
Bought by
Housepian Masis
Seller's Agent
Laureen Endoso
Real Brokerage Technologies
List Price
$629,000
Sold Price
$630,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jun 22, 2015
Sold by
Endoso Kenneth Michael
Bought by
Housepian Masis
Seller's Agent
Laureen Endoso
Real Brokerage Technologies
List Price
$629,000
Sold Price
$630,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2004
Sold by
Endoso Kenneth G
Bought by
Endoso Kenneth Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2000
Sold by
Endoso Kenneth G
Bought by
Endoso Kenneth G and Endoso Laureen J

Purchase Details

Closed on
May 22, 2000
Sold by
Kay Donald R Tr D And M Kay Trust
Bought by
Endoso Kenneth G and Endoso Laureen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.27%

Purchase Details

Closed on
Jul 22, 1997
Sold by
Jensen Robert N
Bought by
Jensen Robert N and Jensen Sharon D
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
Dadanian Sevana -- Atlas Title
Nazarian Arbi $1,050,000 Lawyers Title
517 South Main Street Llc -- Lawyers Title
Housepian Masis -- Accommodation
517 S Main St Llc -- None Available
Housepian Masis -- Lawyers Title
Endoso Kenneth Michael -- Orange Coast Title Co Socal
Housepian Masis -- Orange Coast Title Co Socal
Housepian Masis $625,000 Orange Coast Title Co Socal
Endoso Kenneth Michael -- First Southwestern Title
Endoso Kenneth G -- --
Endoso Kenneth G $230,000 Old Republic Title
Jensen Robert N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dadanian Sevana $100,000
Open Dadanian Sevana $248,977
Previous Owner Nazarian Arbi $112,000
Previous Owner Nazarian Arbi $828,700
Previous Owner Nazarian Arbi $104,500
Previous Owner Nazarian Arbi $828,700
Previous Owner Housepian Masis $352,000
Previous Owner Housepian Masis $380,000
Previous Owner Housepian Masis $375,000
Previous Owner Endoso Kenneth Michael $250,000
Previous Owner Endoso Kenneth G $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $1,050,000 0.0% $682 / Sq Ft
10/07/2022 10/07/22 For Sale $1,050,000 0.0% $682 / Sq Ft
08/23/2022 08/23/22 For Sale $1,050,000 +66.7% $682 / Sq Ft
08/13/2015 08/13/15 Sold $630,000 +0.2% $409 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $629,000 -- $408 / 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 $11,913 $1,092,420 $655,452 $436,968
2024 $11,913 $1,071,000 $642,600 $428,400
2023 $11,862 $1,050,000 $630,000 $420,000
2022 $7,742 $697,196 $490,827 $206,369
2021 $7,711 $683,526 $481,203 $202,323
2020 $7,626 $676,518 $476,269 $200,249
2019 $7,400 $663,254 $466,931 $196,323
2018 $7,310 $650,250 $457,776 $192,474
2016 $6,942 $625,000 $440,000 $185,000
2015 $3,315 $294,122 $117,646 $176,476
2014 $3,318 $288,362 $115,342 $173,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22183904

California Regional Multiple Listing Service (CRMLS)

APN: 2445-003-023