NOT LISTED FOR SALE

518 S Kenneth Rd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,114,000 - $1,509,000

3 Beds
2 Baths
1,384 Sq Ft
$898/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $855,000 $618 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,618/month

53 Days on Market

Highlights

  • Open Floorplan
  • Granite Countertops
  • 2 Car Attached Garage
  • Joaquin Miller Elementary School Rated A-
  • No HOA
  • 2-minute walk to Joaquin Miller Park

About This Home

As of August 2020

Located in the prime area of Burbank above Glenoaks, this neatly landscaped property features a 2-bedrooms, 1-bathroom 954sf main home and a newly added 430sf ADU with permits completed in June 2020! Upon entry to the 518 addressed main home, a light filled dining room and living space welcome you with elegant crown molding, recessed lights, cool toned laminate floors, and multiple windows to highlight the airy space. Making your way into the long open kitchen, there's ample cabinet storage and beautiful granite countertops which can also be found at open breakfast bar. Plus, there's even a convenient laundry space for a stackable washer/dryer. Each bedroom includes built-in storage and nice sized windows to allow comforting natural sunlight to warm the space. The main bathroom has been enhanced with opulent tile, granite counters for the dual sinks, and a regal vanity storage. With a separate entrance and separate address of 520 for the ADU, find a 1-bedroom, 1-bathroom with a spacious kitchen with a connected living room space. Across the street from Joaquin Miller Park and Joaquin Miller Elementary School, minutes away from Burbank High School, Burbank Town Center, IKEA, markets, local restaurants, and plenty more!

Last Agent to Sell the Property

Jack Kassabian

Luxury Collective License #01746030 Listed on: 07/02/2020

Last Buyer's Agent

Jenik Manooki

The Art In Real Estate License #01249828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,205

Year Built

  • Built in 1923

Lot Details

  • 4,992 Sq Ft Lot
  • Rectangular Lot
  • Front Yard
  • Property is zoned BUR1YY

Interior Spaces

  • 1,384 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Storage
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range with Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2456040008

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,205

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-610
  • View: No
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2456040008
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1384.00
  • Interior Amenities: Crown Molding, Open Floorplan, Recessed Lighting, Storage
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 617.77
  • Room Type: Living Room
  • Bathroom Features: Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Oven, Gas Oven, Range, Range Hood
  • Laundry Features: In Kitchen
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Burbank Unified

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 4992.00
  • Lot Size Acres: 0.1146

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4992.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Jul 27, 2020
Sold by
Sarhadian Rafik and Yousefi Masihi Klaris
Bought by
Arzoumanian Arbi and Thomas Ovsanna
Seller's Agent
Jack Kassabian
Luxury Collective
Buyer's Agent
Jenik Manooki
The Art In Real Estate
List Price
$950,000
Sold Price
$855,000
Premium/Discount to List
-$95,000
-10%
Current Estimated Value
$1,242,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,144
Avg. Annual Appreciation
6.80%
Original Mortgage
$765,000
Outstanding Balance
$678,887
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$508,553

Purchase Details

Listed on
Mar 28, 2013
Closed on
Apr 23, 2013
Sold by
Aslan Residential Vi Llc
Bought by
Sarhadian Rafik and Yousefi Masihi Klaris
Seller's Agent
Jeff Zolot
Coldwell Banker Exclusive
List Price
$479,000
Sold Price
$496,500
Premium/Discount to List
$17,500
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$479,122
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 28, 2013
Closed on
Feb 25, 2013
Sold by
U S Bank National Association
Bought by
Aslan Residential Vi Llc
Seller's Agent
Jeff Zolot
Coldwell Banker Exclusive
List Price
$479,000
Sold Price
$496,500
Premium/Discount to List
$17,500
3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,122
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2011
Sold by
Zaroukian Vahik
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 12, 2001
Sold by
Augustine David J
Bought by
Zaroukian Vahik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.87%

Purchase Details

Closed on
Aug 26, 1999
Sold by
Howard Rosanne I
Bought by
Howard Rosanne I and Augustine David J
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
Arzoumanian Arbi $855,000 Lawyers Title Company
Sarhadian Rafik $496,500 First American Title Company
Aslan Residential Vi Llc $388,500 None Available
U S Bank National Association $378,000 Landsafe Title
Zaroukian Vahik $245,000 Investors Title Company
Howard Rosanne I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arzoumanian Arbi $765,000
Previous Owner Sarhadian Rafik $469,000
Previous Owner Sarbadian Rafik $448,000
Previous Owner Sarhadian Rafik $21,000
Previous Owner Sarhadian Rafik $479,122
Previous Owner Zaroukian Vahik $380,000
Previous Owner Zaroukian Vahik $85,000
Previous Owner Zaroukian Vahik $277,500
Previous Owner Zaroukian Vahik $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $855,000 -4.9% $618 / Sq Ft
07/10/2020 07/10/20 Price Changed $899,000 -5.4% $650 / Sq Ft
07/02/2020 07/02/20 For Sale $950,000 +91.3% $686 / Sq Ft
04/25/2013 04/25/13 Sold $496,500 +3.7% $520 / Sq Ft
03/28/2013 03/28/13 For Sale $479,000 -3.5% $502 / Sq Ft
03/27/2013 03/27/13 Off Market $496,500 -- --
03/27/2013 03/27/13 For Sale $479,000 -- $502 / 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 $10,205 $925,477 $740,382 $185,095
2024 $10,205 $907,331 $725,865 $181,466
2023 $10,097 $889,541 $711,633 $177,908
2022 $9,639 $872,100 $697,680 $174,420
2021 $9,604 $855,000 $684,000 $171,000
2020 $6,326 $559,045 $447,238 $111,807
2019 $6,139 $548,084 $438,469 $109,615
2018 $6,024 $537,338 $429,872 $107,466
2016 $5,724 $516,475 $413,181 $103,294
2015 $5,608 $508,718 $406,975 $101,743
2014 $5,595 $498,753 $399,003 $99,750
Source: Public Records

Agents Affiliated with this Home

  • Jack Kassabian

    Seller's Agent in 2020

    Jack Kassabian

    Luxury Collective

    (818) 335-3995

    1 in this area

    32 Total Sales

    Jack Kassabian
    Section Image
  • Jenik Manooki

    Buyer's Agent in 2020

    Jenik Manooki

    The Art In Real Estate

    (818) 378-4046

    1 in this area

    19 Total Sales

    Jenik Manooki
    Section Image
  • Jeff Zolot

    Seller's Agent in 2013

    Jeff Zolot

    Coldwell Banker Exclusive

    (818) 470-5906

    50 Total Sales

    Jeff Zolot
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320002194

California Regional Multiple Listing Service (CRMLS)

APN: 2456-040-008

California Los Angeles County Burbank 91501 Hillside District

518 S Kenneth Rd, Burbank, CA

This home is located at 518 S Kenneth Rd, Burbank, CA 91501 since 02 July 2020 and is currently estimated at $1,242,144, approximately $897 per square foot. This property was built in 1923. 518 S Kenneth Rd is a home located in Los Angeles County with nearby schools including Joaquin Miller Elementary School, John Muir Middle School, and Burbank High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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