Seller's Agent in 2023
Brad Korb
Brad Korb Real Estate Group
(818) 859-0310
10 in this area
353 Total Sales
526 N Fairview St Burbank, CA 91505
Magnolia Park NeighborhoodEstimated Value: $1,140,000 - $1,337,988
4
Beds
2
Baths
1,581
Sq Ft
$789/Sq Ft
Est. Value
Highlights
- Laundry Room
- Back and Front Yard
- 3-minute walk to Verdugo Park & Recreation Center
- Dolores Huerta Middle School Rated A-
- 1-Story Property
About This Home
As of July 2023Welcome to this charming duplex in prime Burbank location. This 1,581 sqft duplex sits on a spacious 6,100 sqft lot, offering ample outdoor space for your enjoyment. Both units feature beautiful hardwood floors, creating a warm and inviting atmosphere. The front yard provides a lovely area to relax and soak up the sun. Inside, the dining room is perfect for gatherings and a cozy ambiance. The backyard offers additional outdoor space for entertaining or gardening. A 2 car detached garage provides convenient parking and storage options. For added convenience, there is an area available to hook up a washer and dryer. With updated electrical, this home is ready for you to move in and make it your own. Located within walking distance to Verdugo Park and Pool, you'll have easy access to recreational activities and outdoor fun. Don't miss out on the opportunity to own this delightful Burbank duplex.
Last Agent to Sell the Property
Brad Korb Real Estate Group License #00698730 Listed on: 06/01/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Lot Details
- 6,120 Sq Ft Lot
- 1 Common Wall
- Back and Front Yard
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,581 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 13174
- Assessor Parcel Number 2479014007
- $221 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $2,000
- Water Sewer Expense $2,000
- New Taxes Expense $13,750
- Operating Expense $19,750
- Gross Income $45,000
- Net Operating Income $25,250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
Jun 27, 2023
Sold by
Zagars Trust
Bought by
Geogdzhyan Gevork George
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Tagui Davtyan
Strategic Estates Group
List Price
$1,099,990
Sold Price
$1,120,000
Premium/Discount to List
$20,010
1.82%
Views
77
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
$127,997
Avg. Annual Appreciation
4.48%
Original Mortgage
$840,000
Outstanding Balance
$819,663
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$428,334
Purchase Details
Closed on
Jul 3, 2000
Sold by
Zagars Viesturs
Bought by
The Zagars Trust
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 |
|---|---|---|---|
| Geogdzhyan Gevork George | $1,120,000 | Fidelity National Title | |
| The Zagars Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Geogdzhyan Gevork George | $840,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2023 07/20/23 | Sold | $1,120,000 | +1.8% | $708 / Sq Ft |
| 06/16/2023 06/16/23 | For Sale | $1,099,990 | -1.8% | $696 / Sq Ft |
| 06/14/2023 06/14/23 | Off Market | $1,120,000 | -- | -- |
| 06/01/2023 06/01/23 | For Sale | $1,099,990 | -- | $696 / 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 | $12,520 | $1,142,400 | $739,500 | $402,900 |
| 2024 | $12,520 | $1,120,000 | $725,000 | $395,000 |
| 2023 | $11,867 | $1,051,176 | $630,706 | $420,470 |
| 2022 | $11,327 | $1,030,566 | $618,340 | $412,226 |
| 2021 | $11,286 | $1,010,360 | $606,216 | $404,144 |
| 2020 | $809 | $62,037 | $29,113 | $32,924 |
| 2019 | $789 | $60,822 | $28,543 | $32,279 |
| 2018 | $733 | $59,631 | $27,984 | $31,647 |
| 2016 | $675 | $57,318 | $26,899 | $30,419 |
| 2015 | $663 | $56,458 | $26,495 | $29,963 |
| 2014 | $675 | $55,353 | $25,976 | $29,377 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Korb
-
Tagui Davtyan
T
Buyer's Agent in 2023
Tagui Davtyan
Strategic Estates Group
(818) 726-7512
1 in this area
61 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23082201
APN: 2479-014-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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