Arthur Ambarchyan
Responds Quickly
Keller Williams R. E. Services
(747) 271-1402
83 Total Sales
1 in Magnolia Park
$1,195,000 Price
526 N Fairview St Burbank, CA 91505
Magnolia Park NeighborhoodEstimated Value: $1,244,526
4
Beds
2
Baths
1,581
Sq Ft
$787/Sq Ft
Est. Value
Highlights
- Back and Front Yard
- 1-Story Property
- 3-minute walk to Verdugo Park & Recreation Center
- Hutchens Elementary School Rated 10
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
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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 in unit
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
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
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
Jun 27, 2023
Sold by
Zagars Trust
Bought by
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
$124,526
Avg. Annual Appreciation
3.37%
Original Mortgage
$840,000
Outstanding Balance
$810,130
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$434,396
Purchase Details
Closed on
Jul 3, 2000
Sold by
Zagars Viesturs
Bought by
The Zagars Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia Park, CA
-
Arthur Ambarchyan
-
Angela Waters
Angela Waters
Harcourts Cornerstone Realty Group
(626) 314-7571
12 Total Sales
1 in Magnolia Park
$1,255,000 Price
-
Clara Blunk
Clara Blunk
Anvil Real Estate
(747) 247-8851
12 Total Sales
1 in Magnolia Park
$1,400,000 Price
-
Barry Dantagnan
Barry Dantagnan
Coldwell Banker Realty
(877) 658-1365
131 Total Sales
4 in Magnolia Park
$1.2M - $2.6M Price Range
-
Dennis Chernov
Dennis Chernov
Equity Union
(626) 657-2705
465 Total Sales
4 in Magnolia Park
$1.3M - $3M Price Range
-
Jesse Hlubik
Jesse Hlubik
Berkshire Hathaway HomeServices California Properties
(747) 998-0867
32 Total Sales
2 in Magnolia Park
$1.2M - $1.6M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,120,000 | Fidelity National Title | ||
| The Zagars Trust | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $840,000 | ||
| Previous Owner | The Zagars Trust | $109,855 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,919 | $1,165,248 | $754,290 | $410,958 |
| 2025 | $12,919 | $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
Seller's Agent in 2023
Brad Korb
Brad Korb Real Estate Group
(818) 859-0310
11 in this area
344 Total Sales
-
Tagui Davtyan
TD
Buyer's Agent in 2023
Tagui Davtyan
Strategic Estates Group
(818) 726-7512
1 in this area
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23082201
APN: 2479-014-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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