NOT LISTED FOR SALE

520 E Fairmount Rd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,306,000 - $1,620,000

3 Beds
1.5 Baths
1,429 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $1,100,000 $770 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,956/month

8 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Wood Flooring
  • Ralph Emerson Elementary School Rated A-
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of August 2022

Don’t miss out on this Burbank Charmer. Nestled below the hills of Burbank among some of Burbank’s finest homes you will find this darling 3 bedroom 1.5 bathroom home. The original hardwood floors and kitchen tile add to the charm of this home. The 3rd bedroom is being used as a family room and has a bathroom right off of it for easy guest use. The 2 car garage has been converted into an office. It has insulation and an AC unit. It can be added on to or converted back into a garage. With an almost 10,000 square foot lot you can really enjoy the backyard and bring your outdoor dreams to life! It also has a whole house attic fan that cuts down on costs and really helps cool down the home. Within Blocks from hiking, golfing, shopping and schools this home is ideal. Now you can own a home in Burbank in one of the best areas in town!

Last Agent to Sell the Property

Rima Shideler

Media West Realty,Inc. License #02022189 Listed on: 07/11/2022

Last Buyer's Agent

Rima Shideler

Media West Realty,Inc. License #02022189 Listed on: 07/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,545

Year Built

  • Built in 1942

Lot Details

  • 9,948 Sq Ft Lot
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR1YY

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Windows
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Driveway

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 13 / 20
  • Tax Tract Number 3548
  • Assessor Parcel Number 2459036013
  • $213 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Golf Course Community
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,545

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2459036013
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1429.00 Square Feet
  • Interior Amenities: Attic Fan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 769.77
  • Room Type: Family Room, Kitchen, Main Floor Bedroom
  • Window Features: ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Mountainous, Sidewalks, Street Lights

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9948.00
  • Lot Size Acres: 0.2284

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9948.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 3106.02
  • Tax Lot: 13
  • Tax Tract Number: 3548
  • TaxOtherAnnualAssessmentAmount: 213.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 16, 2022
Sold by
Aria Ktakyan Melany
Bought by
Ktakyan Sarkis Serge
Seller's Agent
Rima Shideler
Media West Realty,Inc.
Buyer's Agent
Rima Shideler
Media West Realty,Inc.
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%
Views
6
Current Estimated Value
$1,451,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,877
Avg. Annual Appreciation
9.80%
Original Mortgage
$880,000
Outstanding Balance
$827,090
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$624,787

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jul 28, 2022
Sold by
Terranova Family Trust
Bought by
Ktakyan Sarkis Serge
Seller's Agent
Rima Shideler
Media West Realty,Inc.
Buyer's Agent
Rima Shideler
Media West Realty,Inc.
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$827,090
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$624,787

Purchase Details

Closed on
Mar 21, 2020
Sold by
Terranova Kristen Lynn and Terranova Family Trust
Bought by
Terranova Michael Paul and Terranova Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
Terranova Kristen Lynn
Bought by
Terranova Kristen Lynn and The Terranova Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2013
Sold by
Terranova Kristen Lynn and The Terranova Family Trust
Bought by
Terranova Kristen Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2012
Sold by
Terranova Kristen Lynn and Terranova Kristen
Bought by
Terranova Kristen Lynn and Terranova Family Trust

Purchase Details

Closed on
Jan 5, 2011
Sold by
Terranova Michael Paul
Bought by
Terranova Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2011
Sold by
Yu William and Yu Jinnie
Bought by
Terranova Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2009
Sold by
Yu Jinnie
Bought by
Yu William and Yu Jinnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2007
Sold by
Yu William
Bought by
Yu Jinnie

Purchase Details

Closed on
Jul 26, 2007
Sold by
Yu Jinnie
Bought by
Yu William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ktakyan Sarkis Serge -- New Title Company Name
Ktakyan Sarkis Serge $1,100,000 New Title Company Name
Terranova Michael Paul -- Equity Title Company
Terranova Kristen Lynn -- Lawyers Title
Terranova Kristen Lynn -- Lawyers Title
Terranova Kristen Lynn -- None Available
Terranova Kristen -- Lawyers Title Company
Terranova Kristen $610,000 Lawyers Title Company
Yu William -- Chicago Title Company
Yu Jinnie -- None Available
Yu William -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ktakyan Sarkis Serge $880,000
Previous Owner Terranova Michael Paul $356,000
Previous Owner Terranova Kristen Lynn $433,000
Previous Owner Terranova Kristen $450,000
Previous Owner Yu William $350,000
Previous Owner Yu William $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $1,100,000 -4.3% $770 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/16/2022 07/16/22 Price Changed $1,150,000 -11.5% $805 / Sq Ft
07/11/2022 07/11/22 For Sale $1,299,000 -- $909 / 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 $12,545 $1,144,440 $915,552 $228,888
2024 $12,545 $1,122,000 $897,600 $224,400
2023 $12,411 $1,100,000 $880,000 $220,000
2022 $8,085 $736,433 $589,150 $147,283
2021 $8,052 $721,995 $577,599 $144,396
2019 $7,724 $700,582 $560,468 $140,114
2018 $7,644 $686,846 $549,479 $137,367
2016 $7,258 $660,177 $528,143 $132,034
2015 $7,110 $650,261 $520,210 $130,051
2014 $7,092 $637,524 $510,020 $127,504
Source: Public Records

Agents Affiliated with this Home

  • Rima Shideler

    Seller's Agent in 2022

    Rima Shideler

    Media West Realty,Inc.

    (818) 388-4942

    4 in this area

    20 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22148331

California Regional Multiple Listing Service (CRMLS)

APN: 2459-036-013

California Los Angeles County Burbank 91501 Hillside District

520 E Fairmount Rd, Burbank, CA

This home is located at 520 E Fairmount Rd, Burbank, CA 91501 since 11 July 2022 and is currently estimated at $1,451,877, approximately $1,016 per square foot. This property was built in 1942. 520 E Fairmount Rd is a home located in Los Angeles County with nearby schools including Ralph Emerson 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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