NOT LISTED FOR SALE

525 S Shelton St Unit 103 Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $605,000 - $823,000

2 Beds
2 Baths
1,181 Sq Ft
$387/mo HOA Fee

Last Sold June 11, 2021

Last sale price $587,000 $497 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,630/month

7 Days on Market

Highlights

  • Fitness Center
  • 0.46 Acre Lot
  • Living Room
  • William McKinley Elementary School Rated A-
  • Subterranean Parking
  • Laundry Room

About This Home

As of June 2021

This very stylish 2 bedroom/2 bath unit offers 1181 sq ft of single story living space and is located in close proximity to studios, Griffith Park, the equestrian center, groceries, and other retail stores. The two large master suites sit on opposite sides of the living area and each has plenty of room for a bed set plus an office area, workout area, or a creative space and there is an abundance of storage space in the closets. Between the bedrooms, an open concept living area includes the family room and dining room, which is just off the updated kitchen. There is also an in-unit laundry room, 2 side by side parking spaces, designated storage space in the garage area, as well as a gym room and communal back yard with a grilling area. If you are looking to move to Burbank and want a place with character that is also well situated within the city, this property is a must see.

Last Agent to Sell the Property

Richard Buckisch

Exp Realty of California Inc. License #01756276 Listed on: 05/11/2021

Exp Realty of California  Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,905

Year Built

  • Built in 1977

Lot Details

  • 0.46

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 1,181 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 35901
  • Assessor Parcel Number 2445026040

Community Details

Overview

  • Master Insurance
  • 20 Units
  • The Shelton Association, Phone Number (310) 444-7444
  • Allstate hoa
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,905

Year Built

Built in 1977

Lot Details

0

HOA Fees

$387 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2445026040
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1181.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 497.04
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Gym/Ex Room, Earthquake Insurance, Insurance, Maintenance Grounds, Water, Pets Permitted
  • Association Fee: 386.60
  • Association Fee Frequency: Monthly
  • Association Name: the Shelton
  • Phone: 310-444-7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Allstate hoa

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 20005.00
  • Lot Size Acres: 0.4593

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20005.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 3117.00
  • Tax Lot: 1
  • Tax Tract Number: 35901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
May 24, 2021
Sold by
Nave Sean M and Nave Elizabeth M
Bought by
Paronyan Anna
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
List Price
$530,000
Sold Price
$587,000
Premium/Discount to List
$57,000
10.75%
Current Estimated Value
$691,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,825
Avg. Annual Appreciation
3.85%
Original Mortgage
$517,000
Outstanding Balance
$467,058
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$224,767

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 1, 2018
Sold by
Ciontea Diana
Bought by
Nave Sean M and Nave Elizabeth M
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
Richard Buckisch
Exp Realty of California Inc.
List Price
$469,000
Sold Price
$485,000
Premium/Discount to List
$16,000
3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$375,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 16, 2017
Sold by
Catalano Anthony
Bought by
Clontea Diana
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Laura Getzoff
Re/Max Olson & Associates, Inc
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$343,200
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 1, 2017
Sold by
Blackwood Andrew P
Bought by
Ciontea Diana
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Laura Getzoff
Re/Max Olson & Associates, Inc
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2006
Sold by
Kim Miran
Bought by
Blackwood Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Stutzman Sandra L and Stutzman Family Trust
Bought by
Kim Miran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1995
Sold by
Stutzman Charles and Stutzman Stella
Bought by
Stutzman Charles and Stutzman Stella
Source: Public Records

Range of Values:

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
Paronyan Anna $587,000 First American Title Company O
Nave Sean M $485,000 Lawyers Title
Clontea Diana -- First American Title Co
Ciontea Diana $429,000 First American Title Co
Blackwood Andrew P $420,000 First Southwestern Title Co
Kim Miran $255,000 First Southwestern Title
Stutzman Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paronyan Anna $517,000
Previous Owner Nave Sean M $375,000
Previous Owner Ciontea Diana $343,200
Previous Owner Blackwood Andrew P $280,000
Previous Owner Kim Miran $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $587,000 +10.8% $497 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $530,000 +9.3% $449 / Sq Ft
06/12/2018 06/12/18 Sold $485,000 +3.4% $411 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $469,000 +9.3% $397 / Sq Ft
05/26/2017 05/26/17 Sold $429,000 0.0% $363 / Sq Ft View Prior Sale
04/29/2017 04/29/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $429,000 -- $363 / 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 $6,905 $635,384 $448,991 $186,393
2024 $6,905 $622,927 $440,188 $182,739
2023 $6,830 $610,713 $431,557 $179,156
2022 $6,516 $598,740 $423,096 $175,644
2021 $5,643 $509,819 $341,526 $168,293
2020 $5,579 $504,593 $338,025 $166,568
2019 $5,411 $494,700 $331,398 $163,302
2018 $4,848 $437,580 $265,302 $172,278
2017 $4,877 $441,000 $265,000 $176,000
2016 $4,373 $400,000 $240,700 $159,300
2015 $4,348 $400,000 $240,700 $159,300
2014 $3,642 $329,000 $198,000 $131,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21086006

California Regional Multiple Listing Service (CRMLS)

APN: 2445-026-040