$975,000
SOLD NOV 12, 2024
2 Beds
3 Baths
1,531 Sq Ft
6,733 Sq Ft Lot

Recently Sold

$637 Per Sq Ft

8% Above List Price

48 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • 1-Story Property
  • Walt Disney Elementary School Rated A
  • No HOA

About This Home

As of March 2025

Opportunity Knocks at this prime location off Magnolia in the heart of Burbank. Home to three generations, this special home, noted to be formerly combined with an adjacent lot to create a pool club, is perfect for your imagination to create something fantastic. Nestled under a large shady tree the Two bedroom, Two bath home has some charming features you may want to retain, like bullnose ceilings, massive two-sided brick fireplace, wood floors and those adorable crystal door knobs so quintessential of this time period. Across the small courtyard is a former game room turned partial ADU. The features included a bar with sink, as well as a kitchen area in the opposite corner. Just outside this space is an in ground spa with a deck that could be restored as a hidden treasure. Attached to the main house is a third bathroom only accessible from the exterior, formerly to serve the pool guests, sorry the pool went with the lot division to the adjacent neighbor, but the bathroom and the cute little water fountain remain. This home has suffered some foundation damage from an overgrown tree root and many years of someone not able to care the home better. With its great bones, opportunity to complete a proper ADU and more, it's just waiting for you to come love on it. Buyers - this home likely does not qualify for conventional financing.
**Safety note - No trespassing. There are beehives on property. Drive by only prior to the open houses **

Last Agent to Sell the Property

Bonnie Sterling

Keller Williams Exclusive Properties License #01393069 Listed on: 09/21/2024

Keller Williams Exclusive Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,029

Year Built

  • Built in 1941

Lot Details

  • 6,733 Sq Ft Lot
  • Property is zoned BUR1*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,531 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Pool

  • Spa

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2449023028
  • Seller Concessions Not Offered
  • Seller Will Consider Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,029

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1941
  • Entry Level: 1
  • Lot Size Acres: 0.15
  • Building Stories: 1
  • General Property Information:Zoning2: BUR1*
  • Property Info:View: No
  • Property Info:Pool: No
  • Property Info:Spa: Yes
  • Property Info:Fireplace: Yes
  • Levels:One: Yes
  • Property Info:Entry Floor Number: 1
  • Property Info:Senior Community2: No
  • Flooring:Hardwood: Yes
  • Flooring:Sheet Vinyl: Yes
  • General Property Information:Property Attached: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Ground Level w/Steps
  • Fireplace Features: Other, Family Room, Living Room
  • Flooring: Hardwood, Sheet Vinyl
  • Stories: 1
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 1531.0
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Location:Living Room3: Yes
  • Fireplace Features:Other15: Yes
  • Fireplace Location:Family Room2: Yes
  • Fireplace Fuel:Other16: Yes

Exterior Features

  • Pool Private: No
  • View: No

Garage/Parking

  • ParkingSpacesInformationRV: No
  • ParkingSpacesInformationTotalGarageSpaces: 2.0
  • Garage Spaces: 2.0

Condo/Co-op/Association

  • HOAInformationHOA: No
  • Senior Community: No
  • Association: No

Green Features

Lot Info

  • Lot Size Sq Ft: 6733.0
  • Parcel #: 2449023028
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Mar 14, 2025
Sold by
Million Homes Llc
Bought by
Stein David and Sangani Ruchika
Seller's Agent
Leslie Zhang
Keller Williams Realty
Buyer's Agent
Kevin Bourland
COMPASS
List Price
$1,295,000
Sold Price
$1,570,000
Premium/Discount to List
$275,000
21.24%
Views
130
Current Estimated Value
$1,466,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,198
Avg. Annual Appreciation
-20.90%
Original Mortgage
$1,260,000
Outstanding Balance
$1,260,000
Interest Rate
5.42%
Mortgage Type
New Conventional
Estimated Equity
$206,802

Purchase Details

Listed on
Sep 21, 2024
Closed on
Nov 6, 2024
Sold by
Journey Investments Inc
Bought by
Millionhomes Llc
Seller's Agent
Bonnie Sterling
Keller Williams Exclusive Properties
List Price
$900,000
Sold Price
$975,000
Premium/Discount to List
$75,000
8.33%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
262.39%

Purchase Details

Listed on
Sep 21, 2024
Closed on
Oct 24, 2024
Sold by
Nevin Bowman Foster Revocable Trust and Williams Lea Elise
Bought by
Journey Investments Inc
Seller's Agent
Bonnie Sterling
Keller Williams Exclusive Properties
List Price
$900,000
Sold Price
$975,000
Premium/Discount to List
$75,000
8.33%
Views
79

Purchase Details

Closed on
Jun 14, 2021
Sold by
Foster Nevin Bowman
Bought by
Foster Nevin Bowman

Purchase Details

Closed on
Sep 18, 2003
Sold by
Foster Nevin Bowman and Taylor Trust
Bought by
Foster Nevin Bowman
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,575,000 Lawyers Title
Grant Deed $1,050,000 Chicago Title Company
Grant Deed $1,050,000 Chicago Title Company
Grant Deed $1,000,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,260,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,570,000 +21.2% $824 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $1,295,000 +32.8% $679 / Sq Ft
11/12/2024 11/12/24 Sold $975,000 -2.5% $637 / Sq Ft
10/23/2024 10/23/24 Price Changed $1,000,000 +11.1% $653 / Sq Ft
09/21/2024 09/21/24 For Sale $900,000 -- $588 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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
2024 $2,029 $166,491 $91,684 $74,807
2023 $2,008 $163,228 $89,887 $73,341
2022 $1,921 $160,028 $88,125 $71,903
2021 $1,904 $156,892 $86,398 $70,494
2020 $1,882 $155,285 $85,513 $69,772
2019 $1,830 $152,241 $83,837 $68,404
2018 $1,717 $149,257 $82,194 $67,063
2016 $1,613 $143,463 $79,003 $64,460
2015 $1,581 $141,309 $77,817 $63,492
2014 $1,585 $138,542 $76,293 $62,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 224003989

Conejo Simi Moorpark Association of REALTORS®

APN: 2449-023-028