Seller's Agent in 2018
Paul Sessum
Exp Realty of California Inc.
(818) 395-0518
1 in this area
28 Total Sales
525 S Niagara St Burbank, CA 91505
Media District NeighborhoodEstimated Value: $1,907,000 - $2,300,000
5
Beds
3
Baths
3,617
Sq Ft
$575/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Community Stables
- Art Studio
- R. L. Stevenson Elementary School Rated A
- Horse Property
- Home Theater
About This Home
As of June 2018This luxurious creative property provides flexibility in use that is desirable for many creative executives, writers, home based businesses, multiple family members, or live in assistance. The Craftsman feel of the main house w/ comfortable living on the first floor w/3 bedrooms, 2 baths & spacious living room w/fireplace, dining room, & kitchen w/ custom cabinets & eat-in area. The first floor includes an enclosed side porch that nearly doubles the living & dining areas that is limited in function only by imagination. The second floor is a wide-open space, lots of windows, bright, fun & currently used as a den/entertainment room. Just off this large room is a small bedroom/office/craft room, whatever you choose. The detached Studio host just over 1,100 sq.ft. of production & office space, featuring lots of windows & high-ceilings. The space includes a huge walk-in storage closet & additional attic space. The current owners have 2 businesses licensed to operate on the property. Outdoor entertaining is a snap, no matter the weather. The double height covered patio can host a generous gathering or sipping a quiet cup of tea while overlooking the low-maintenance back garden. This property is zoned for horses, includes a 2 car garage, covered carport area, rear double gate to property, updated baths & kitchens. Other points of interest: Burbank Schools, Studios, freeway close, Burbank Airport nearby, easy access to Toluca Lake shopping, dining & entertainment.
Last Agent to Sell the Property
Exp Realty of California Inc. License #01456020 Listed on: 04/02/2018
Co-Listed By
Beth Bowles
Keller Williams Realty World Media Center License #01734784
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,112
Year Built
- Built in 1927
Lot Details
- 9,725 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Back Yard
- Property is zoned BUR1*
Parking
- 2 Car Garage
- Attached Carport
- Parking Available
- Front Facing Garage
- Single Garage Door
- Off-Street Parking
Home Design
- Craftsman Architecture
- Contemporary Architecture
- Composition Roof
- Stucco
Interior Spaces
- 3,617 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Office
- Recreation Room
- Bonus Room
- Art Studio
- Center Hall
- Peek-A-Boo Views
- Attic
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Electric Oven
- Built-In Range
- Range Hood
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Granite Countertops
- Pots and Pans Drawers
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Multiple Shower Heads
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Horse Property
- Covered Patio or Porch
- Exterior Lighting
Schools
- Stevenson Elementary School
- Jordan Middle School
- John Burroughs High School
Utilities
- Central Heating and Cooling System
- Overhead Utilities
- 220 Volts in Garage
- Gas Water Heater
- Cable TV Available
Additional Features
- Detached Guest House
- Urban Location
Listing and Financial Details
- Tax Lot 61
- Tax Tract Number 4409
- Assessor Parcel Number 2485028031
Community Details
Overview
- No Home Owners Association
- Mountainous Community
Recreation
- Community Stables
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2018
Closed on
May 22, 2018
Sold by
Scollon E W and Montini Scollon Barbara
Bought by
Lustig Aaron and Connor Heather A O
Seller's Agent
Paul Sessum
Exp Realty of California Inc.
Buyer's Agent
Michelle Chavoor
COMPASS
List Price
$1,450,000
Sold Price
$1,450,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,225
Avg. Annual Appreciation
5.11%
Original Mortgage
$1,160,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2005
Sold by
Scollon E W and Montini Scollon Barbara
Bought by
Scollon E W and Montini Scollon Barbara
Purchase Details
Closed on
Sep 20, 1994
Sold by
Cravits Phillip and Cravits Trust
Bought by
Scollon E W and Montini Scollon Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
8.58%
Purchase Details
Closed on
Sep 24, 1993
Sold by
Cravits Phillip
Bought by
Cravits Phillip and Cravits Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.13%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lustig Aaron | $1,450,000 | Chicago Title Company | |
| Scollon E W | -- | -- | |
| Scollon E W | $365,000 | Gateway Title | |
| Cravits Phillip | -- | Old Republic Title | |
| Cravits Phillip | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lustig Aaron | $1,112,950 | |
| Closed | Lustig O Connor Living Trust | $1,160,000 | |
| Closed | Lustig Aaron | $1,160,000 | |
| Previous Owner | Montini Scollon E | $494,200 | |
| Previous Owner | Scollon E W | $125,000 | |
| Previous Owner | Scollon E W | $411,931 | |
| Previous Owner | Scollon E W | $80,000 | |
| Previous Owner | Scollon E W | $417,000 | |
| Previous Owner | Scollon E W | $380,000 | |
| Previous Owner | Scollon E William | $378,830 | |
| Previous Owner | Scollon E W | $320,000 | |
| Previous Owner | Scollon E W | $60,000 | |
| Previous Owner | Scollon E W | $328,500 | |
| Previous Owner | Cravits Phillip | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2018 06/05/18 | Sold | $1,450,000 | 0.0% | $401 / Sq Ft |
| 04/29/2018 04/29/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $1,450,000 | -- | $401 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,112 | $1,649,848 | $989,910 | $659,938 |
| 2024 | $18,112 | $1,617,499 | $970,500 | $646,999 |
| 2023 | $17,919 | $1,585,784 | $951,471 | $634,313 |
| 2022 | $17,106 | $1,554,691 | $932,815 | $621,876 |
| 2021 | $17,043 | $1,524,208 | $914,525 | $609,683 |
| 2019 | $16,352 | $1,479,000 | $887,400 | $591,600 |
| 2018 | $6,073 | $538,807 | $241,650 | $297,157 |
| 2016 | $5,750 | $517,886 | $232,267 | $285,619 |
| 2015 | $5,633 | $510,108 | $228,779 | $281,329 |
| 2014 | $5,622 | $500,117 | $224,298 | $275,819 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Sessum
-
B
Seller Co-Listing Agent in 2018
Beth Bowles
Keller Williams Realty World Media Center
-
Michelle Chavoor
Buyer's Agent in 2018
Michelle Chavoor
COMPASS
(626) 205-4040
5 in this area
44 Total Sales
-
Michele Downing
Buyer Co-Listing Agent in 2018
Michele Downing
COMPASS
(626) 523-6939
174 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB18075649
APN: 2485-028-031
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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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