NOT LISTED FOR SALE

525 S Shelton St Unit 203 Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $604,000 - $736,000

2 Beds
2 Baths
1,181 Sq Ft
$434/mo HOA Fee

Last Sold July 28, 2023

Last sale price $600,000 $508 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,497/month

26 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Laundry Room
  • William McKinley Elementary School Rated A-
  • 0.46 Acre Lot
  • Central Heating and Cooling System

About This Home

As of July 2023

HUGE PRICE REDUCTION! Best value in Burbank for a 2 bedroom condo! Introducing an exquisite 2-bedroom condo, a true gem nestled in a prime location that checks all the boxes on your must-haves list. This amazing 2 bedroom 1 and 3/4 bathroom condo built in 1977 and nestled on a quiet Rancho adjacent cul de sac, features an open floor plan with living and dining areas perfect for entertaining friends and family. A tastefully updated kitchen boasts granite countertops, white cabinets, tile flooring, and stainless steel appliances. Experience the luxury of space with generously-sized bedrooms that provide ample room for relaxation and personalization. The guest bedroom features wall to wall closets with mirrored doors and a recently updated guest bathroom with designer tile shower surround, custom glass enclosure, classic white vanity, granite countertops, and tile flooring. The massive master suite includes his and hers wall to wall closets with mirrored doors and an additional closet for ample storage. Delight in the recently updated master bathroom with subway tile surround, granite countertops, custom glass enclosure, and tile flooring. BBQ and relax in the common yard and stay fit in the fitness room. Central air and heat, in-unit laundry, updated vinyl windows, fresh interior paint, newer carpet, two side by side parking spaces, and a secure storage compartment make this unit an unbeatable find!

Situated in a highly sought-after area, this condo offers convenience and accessibility like no other. Enjoy the best of both worlds, with a peaceful retreat that's still just moments away from bustling city life. Discover trendy shops, gourmet restaurants, and entertainment options galore, all within easy reach. The monthly H.O.A fees are $433 per month.

Last Agent to Sell the Property

Claudio Madariaga

REMAX Empower License #01111676 Listed on: 06/16/2023

REMAX Empower

Last Buyer's Agent

Vanessa Yan

Soulful Abode Los Angeles License #01418060

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 1977

Lot Details

  • 0.46

HOA Fees

  • $434 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,181 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite

Additional Features

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35901
  • Assessor Parcel Number 2445026050
  • $140 per year additional tax assessments

Community Details

Overview

  • 20 Units
  • The Shelton Association, Phone Number (310) 444-7444
  • Allstate HOA

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,731

Year Built

Built in 1977

Lot Details

0

HOA Fees

$434 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2445026050
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1181.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 508.04
  • Room Type: Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room
  • Association Fee: 434.00
  • Association Fee Frequency: Monthly
  • Association Name: The Shelton
  • Phone: (310)444-7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Allstate

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • 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
  • TaxOtherAnnualAssessmentAmount: 140.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2023
Sold by
John M Pentecost Trust and Pentecost John M
Bought by
Pentecost John Mathew
Current Estimated Value
$660,530

Purchase Details

Closed on
Nov 20, 2019
Sold by
Pentecost John Mathew
Bought by
Sharkfin Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,940
Interest Rate
3.5%

Purchase Details

Closed on
Aug 15, 2017
Sold by
Pentecost John Mathew and John Mathew Pentecost Ii Trust
Bought by
Pentecost John Mathew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2017
Sold by
Pentecost John Mathew
Bought by
Pentecost John Mathew and John Mathew Pentecost Ii Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2008
Sold by
Pentecost John Mathew and John Mathew Pentecost Ii Trust
Bought by
Sarkfin Enterprises Llc

Purchase Details

Closed on
Aug 15, 2007
Sold by
Pentecost John Mathew and Pentecost Cari Diane
Bought by
Pentecost John Mathew

Purchase Details

Closed on
May 12, 2006
Sold by
Pentecost John Mathew
Bought by
Pentecost John Mathew and Pentecost Cari Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 13, 2003
Sold by
Pentecost John Mathew
Bought by
Pentecost John Mathew and Pentecost Cari Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
4.87%

Purchase Details

Closed on
Feb 7, 2002
Sold by
Harwood Karen E
Bought by
Pentecost John Mathew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,275
Interest Rate
6.94%
Source: Public Records

Range of Values:

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Average Value
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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
Pentecost John Mathew -- None Listed On Document
Pentecost John M -- None Listed On Document
John M Pentecost Trust -- None Listed On Document
Sharkfin Enterprises Llc -- Wfg National Title
Pentecost John Mathew -- Wfg National Title Company
Pentecost John Mathew -- None Available
Pentecost John Mathew -- Wfg National Title Company
Pentecost John Mathew -- None Available
Sharkfin Ersterprises Llc -- None Available
Pentecost John Mathew -- None Available
Sarkfin Enterprises Llc -- None Available
Pentecost John Mathew -- None Available
Pentecost John Mathew -- None Available
Pentecost John Mathew -- Accommodation
Pentecost John Mathew -- Accommodation
Pentecost John Mathew -- Landsafe Title
Pentecost John Mathew $185,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pentecost John Mathew $323,940
Previous Owner Pentecost John Mathew $322,500
Previous Owner Pentecost John Mathew $199,000
Previous Owner Pentecost John Mathew $179,000
Previous Owner Pentecost John Mathew $175,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $600,000 +3.5% $508 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $579,900 -7.9% $491 / Sq Ft
06/16/2023 06/16/23 For Sale $629,900 -- $533 / 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 $6,731 $612,000 $399,942 $212,058
2024 $6,731 $600,000 $392,100 $207,900
2023 $3,046 $261,960 $111,741 $150,219
2022 $2,907 $256,824 $109,550 $147,274
2021 $2,891 $251,789 $107,402 $144,387
2020 $2,858 $249,208 $106,301 $142,907
2019 $2,774 $244,322 $104,217 $140,105
2018 $2,745 $239,532 $102,174 $137,358
2016 $2,598 $230,232 $98,207 $132,025
2015 $2,546 $226,774 $96,732 $130,042
2014 $2,544 $222,333 $94,838 $127,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23107538

California Regional Multiple Listing Service (CRMLS)

APN: 2445-026-050