NOT LISTED FOR SALE

520 E Cedar Ave Unit 2 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $717,000 - $850,000

2 Beds
3 Baths
1,110 Sq Ft
$685/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $615,000 $554 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,863/month

46 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage
  • Central Air
  • Joaquin Miller Elementary School Rated A-
  • Tile Flooring
  • 5-minute walk to Joaquin Miller Park

About This Home

As of March 2021

Awesome and sweet Townhome! Located in a beautiful and safe area, North of Glenoaks, in the desirable community of Burbank. Remodeled Townhouse, Light, bright throughout, W/D hookup in the unit with low HOA fee$250/month. This lovely character-filled town home offers beautiful living and dining room areas with Fireplace, Tile Floors and Private Patio. Remodeled kitchen with granite counter tops. Two spacious bedrooms, 2.5 baths,1100 sqft living area, 2 car garage # 2 and #5, two storages #B. Large master bedroom with vaulted ceiling, fire place, two closets and master bathroom. The 2nd bedroom with vaulted celling and private bathroom. Close proximity to award winning schools, Centrally located for all commutes, it is a few blocks to downtown Burbank, NOHO district, within minutes to downtown Glendale, Americana and Galleria, downtown Montrose, Old Town Pasadena and the Rose Parade. Close to GCC, PCC and Cal Tech, downtown LA and Hollywood attractions and theaters like Music Center, Disney Concert Hall, Nokia Theatre, Dolby, Pantages Theaters, Staples Center, LA Live, etc.. This is definitely a very hot, one-of-a-kind in Burbank prime area, Low HOA, award winning schools, newer windows everything in this area sells quickly, priced right and will not last long in this market.

Last Agent to Sell the Property

'Vic' Vartan Markarian

Markarian Realty License #01059771 Listed on: 01/22/2021

Last Buyer's Agent

Martin Lazarian

JohnHart Real Estate License #01457363

JohnHart Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1990

Lot Details

  • 8,093 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,110 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 5621025042

Townhouse Details

Home Type

Townhome

Year Built

Built in 1990

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: Burbank
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5621025042
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1110.00
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room, Primary Bedroom
  • Levels: Two
  • Price Per Square Foot: 554.05

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 8093.00
  • Lot Size Acres: 0.1858

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8093.0000 Square Feet

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2009
Sold by
Khachatryan Ashkhen
Bought by
Minasyan Maria
Current Estimated Value
$760,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$160,529
Interest Rate
4.91%
Mortgage Type
New Conventional
Estimated Equity
$600,332

Purchase Details

Closed on
Jun 19, 2007
Sold by
Grigoryan Sargis
Bought by
Khachatryan Ashkhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 25, 2007
Sold by
Armington George A
Bought by
Khachatryan Ashkhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 25, 2005
Sold by
Armington George A
Bought by
Armington George A and Ji Ling

Purchase Details

Closed on
Jul 13, 2004
Sold by
Pierson Eric R
Bought by
Armington George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2000
Sold by
Kim Wong Melissa
Bought by
Pierson Eric R and Pierson Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
7.89%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Hardman Heather A
Bought by
Kim Wong Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.7%

Purchase Details

Closed on
Feb 12, 1999
Sold by
Wong Phil
Bought by
Kim Wong Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Minasyan Maria $310,000 Lawyers Title
Khachatryan Ashkhen -- First Southwestern Title
Khachatryan Ashkhen $435,000 First Southwestern Title
Armington George A -- First Southwestern Title
Armington George A $390,000 First Southwestern Title
Pierson Eric R $190,000 Old Republic Title
Kim Wong Melissa $145,000 First American Title Co
Williams Heather A -- First American Title Co
Kim Wong Melissa -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minasyan Maria $248,000
Previous Owner Khachatryan Ashkhen $87,000
Previous Owner Khachatryan Ashkhen $348,000
Previous Owner Armington George A $312,000
Previous Owner Pierson Eric R $180,500
Previous Owner Kim Wong Melissa $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $615,000 +6.0% $554 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $579,999 -- $523 / 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 $7,529 $665,693 $445,095 $220,598
2024 $7,299 $652,641 $436,368 $216,273
2023 $7,221 $639,845 $427,812 $212,033
2022 $6,890 $627,300 $419,424 $207,876
2021 $4,175 $369,670 $153,472 $216,198
2020 $4,128 $365,881 $151,899 $213,982
2019 $4,005 $358,708 $148,921 $209,787
2018 $3,978 $351,675 $146,001 $205,674
2016 $3,773 $338,022 $140,333 $197,689
2015 $3,697 $332,946 $138,226 $194,720
2014 $3,690 $326,425 $135,519 $190,906
Source: Public Records

Agents Affiliated with this Home

  • 'Vic' Vartan Markarian

    Seller's Agent in 2021

    'Vic' Vartan Markarian

    Markarian Realty

    (818) 248-8668

    5 in this area

    119 Total Sales

    'Vic' Vartan Markarian
    Section Image
  • Martin Lazarian

    Buyer's Agent in 2021

    Martin Lazarian

    JohnHart Real Estate

    (818) 259-1046

    9 in this area

    154 Total Sales

    Martin Lazarian
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320004657

California Regional Multiple Listing Service (CRMLS)

APN: 5621-025-042

California Los Angeles County Burbank 91501 Hillside District

520 E Cedar Ave Unit 2, Burbank, CA

Not Listed for Sale

Townhouses

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

Nearby Homes