$730,000
SOLD DEC 31, 2024

525 E Verdugo Ave Unit C Burbank, CA 91501

Hillside District Neighborhood
2 Beds
2.5 Baths
1,165 Sq Ft
$250/mo HOA Fee

Recently Sold

$627 Per Sq Ft

5% Above List Price

11 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Covered Patio or Porch
  • Joaquin Miller Elementary School Rated A-
  • Great Room
  • Central Heating and Cooling System

About This Home

As of December 2024

Welcome to this charming condo in the desirable area of Burbank, CA, just north of Glenoaks. This lovely 2-bedroom, 2 1/2-bathroom residence spans 1165 square feet, offering a comfortable and inviting living space. Conveniently located near downtown Burbank, residents will enjoy easy access to a variety of shopping, dining, and entertainment options. The proximity to Burbank High School makes this an ideal location for families seeking a vibrant and engaging community. The home boasts a thoughtfully designed floor plan, with ample natural light and modern finishes throughout. The spacious bedrooms provide a peaceful retreat, while the newly remodeled bathrooms and kitchen offer both style and functionality. With its prime location and comfortable living spaces, this townhome presents an excellent opportunity to experience the best of Burbank living.

Last Agent to Sell the Property

Eric De Los Santos

Compass License #02116150 Listed on: 11/21/2024

Compass

Last Buyer's Agent

Sargis Galstyan

License #01879476

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,320

Year Built

  • Built in 1980 | Remodeled

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,165 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2455-011-048

Community Details

Overview

  • 8 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,320

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to this charming condo in the desirable area of Burbank, CA, just north of Glenoaks. This lovely 2-bedroom, 2 1/2-bathroom residence spans 1165 square feet, offering a comfortable and inviting living space. Conveniently located near downtown Burbank, residents will enjoy easy access to a variety of shopping, dining, and entertainment options. The proximity to Burbank High School makes this an ideal location for families seeking a vibrant and engaging community. The home boasts a thoughtfully designed floor plan, with ample natural light and modern finishes throughout. The spacious bedrooms provide a peaceful retreat, while the newly remodeled bathrooms and kitchen offer both style and functionality. With its prime location and comfortable living spaces, this townhome presents an excellent opportunity to experience the best of Burbank living.
  • Complex Name: 525 East Verdugo Owners Association
  • Entry Floor: 1
  • Living Area: 1165
  • Lot Acreage: 0.1716
  • Planned Urban Dev: 1
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Vinyl
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 599.14

Exterior Features

  • Direction Faces: North
  • Pool: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 250.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2455-011-048
  • Lot Size Area: 7475

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Dec 27, 2024
Sold by
Kristina Gasparyan Revocable Living Trus and Gasparyan Kristina
Bought by
Chavushyan Vera
Seller's Agent
Eric De Los Santos
Compass
Buyer's Agent
Sargis Galstyan
List Price
$698,000
Sold Price
$730,000
Premium/Discount to List
$32,000
4.58%
Views
52
Current Estimated Value
$723,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,241
Avg. Annual Appreciation
-1.15%
Original Mortgage
$656,500
Outstanding Balance
$651,327
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$72,432

Purchase Details

Closed on
Dec 11, 2020
Sold by
Gasparyan Kristina
Bought by
Gasparyan Kristina

Purchase Details

Closed on
May 6, 2020
Sold by
Keshishyan Edmond and Keshishyan Jasmen
Bought by
Gasparyan Kristina

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 26, 2018
Sold by
Ly Thanh B
Bought by
Keshishyan Edmond and Keshishyan Jasmen
Seller's Agent
Deb Ivone
California R.E.Services
Buyer's Agent
Larisa Mkrtchyan
Titus Realty, Inc.
List Price
$495,000
Sold Price
$531,000
Premium/Discount to List
$36,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$424,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2011
Closed on
Jan 23, 2012
Sold by
Baldino Joseph P
Bought by
Ly Thanh B and Tran Cynthia D
Seller's Agent
Anna Filip
California R.E.Services
Buyer's Agent
Anna Filip
California R.E.Services
List Price
$249,000
Sold Price
$241,000
Premium/Discount to List
-$8,000
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Oct 30, 2006
Sold by
Baldino Joseph P
Bought by
Baldino Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Baldino Joseph
Bought by
Baldino Joseph P and Baldino Nancy J

Purchase Details

Closed on
Jun 26, 2003
Sold by
Velasquez John
Bought by
Baldino Joseph and Baldino Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2003
Sold by
Korban Mounira Gabrielle
Bought by
Velasquez John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
5.72%

Purchase Details

Closed on
May 7, 1997
Sold by
Korban Mounira G
Bought by
Korban Mounira Gabrielle and Mounira G Korban Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $730,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $525,000 Lawyers Title Company
Grant Deed $531,000 Stewart Title
Grant Deed $241,000 Advantage Title Inc
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- --
Grant Deed $259,000 Ctc
Grant Deed $212,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $656,500 New Conventional
Previous Owner $424,800 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $233,000 Purchase Money Mortgage
Previous Owner $196,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $730,000 +4.6% $627 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $698,000 0.0% $599 / Sq Ft
03/08/2024 03/08/24 Rented $3,350 0.0% --
03/08/2024 03/08/24 Under Contract -- -- --
03/02/2024 03/02/24 Price Changed $3,350 -4.3% $3 / Sq Ft
02/09/2024 02/09/24 For Rent $3,500 +9.4% --
11/17/2022 11/17/22 Rented $3,200 0.0% --
11/15/2022 11/15/22 Under Contract -- -- --
11/06/2022 11/06/22 For Rent $3,200 +23.1% --
08/15/2020 08/15/20 Rented $2,600 0.0% --
08/12/2020 08/12/20 Price Changed $2,600 -1.9% $2 / Sq Ft
07/27/2020 07/27/20 Price Changed $2,650 -3.6% $2 / Sq Ft
07/14/2020 07/14/20 For Rent $2,750 0.0% --
07/02/2018 07/02/18 Sold $531,000 +7.3% $456 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $495,000 +105.4% $425 / Sq Ft
01/27/2012 01/27/12 Sold $241,000 -3.2% $207 / Sq Ft
11/16/2011 11/16/11 Pending -- -- --
10/13/2011 10/13/11 For Sale $249,000 -- $214 / Sq Ft
Source: The MLS

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 $6,320 $730,000 $521,400 $208,600
2024 $6,320 $562,901 $388,028 $174,873
2023 $6,253 $551,865 $380,420 $171,445
2022 $5,966 $541,045 $372,961 $168,084
2021 $5,943 $530,438 $365,649 $164,789
2020 $6,058 $541,620 $377,808 $163,812
2019 $5,877 $531,000 $370,400 $160,600
2018 $3,036 $266,037 $115,797 $150,240
2016 $2,875 $255,708 $111,301 $144,407
2015 $2,817 $251,868 $109,630 $142,238
2014 $2,814 $246,935 $107,483 $139,452
Source: Public Records

Agents Affiliated with this Home

  • Eric De Los Santos

    Seller's Agent in 2024

    Eric De Los Santos

    Compass

    (818) 943-1176

    1 in this area

    11 Total Sales

    Eric De Los Santos
    Section Image

  • S

    Buyer's Agent in 2024

    Sargis Galstyan

  • Marc Hernandez

    Seller Co-Listing Agent in 2022

    Marc Hernandez

    Compass

    (310) 993-8730

    87 Total Sales

    Marc Hernandez
    Section Image
  • Chris Templet

    Seller's Agent in 2020

    Chris Templet

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    (818) 841-0330

    1 in this area

    9 Total Sales

    Chris Templet
    Section Image
  • Meegan Bevere

    Seller Co-Listing Agent in 2020

    Meegan Bevere

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    (818) 415-0271

    2 in this area

    24 Total Sales

    Meegan Bevere
    Section Image

  • D

    Seller's Agent in 2018

    Deb Ivone

    California R.E.Services

    (818) 378-7759

    3 in this area

    22 Total Sales

    Deb Ivone
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-466078

The MLS

APN: 2455-011-048

California Los Angeles County Burbank 91501 Hillside District

525 E Verdugo Ave Unit C, Burbank, CA

This home is located at 525 E Verdugo Ave Unit C, Burbank, CA 91501 and is currently priced at $730,000, approximately $626 per square foot. This property was built in 1980. 525 E Verdugo Ave Unit C is a home located in Los Angeles County with nearby schools including Joaquin Miller Elementary School, John Muir Middle School, and Burbank High School.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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