NOT LISTED FOR SALE

531 University Ave Burbank, CA 91504

Hillside District Neighborhood

Estimated Value: $2,167,429 - $2,843,000

5 Beds
4 Baths
3,430 Sq Ft
$709/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $1,660,000 $484 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $14,941/month

30 Days on Market

Highlights

  • In Ground Pool
  • Living Room with Fireplace
  • Traditional Architecture
  • Thomas Jefferson Elementary School Rated A
  • Marble Flooring
  • Park or Greenbelt View

About This Home

As of October 2018

Exquisitely renovated two-story traditional, encircled by a white picket fence, is located on University Streets near base of Burbank Hills. House offers 5 generous bedrooms & 4 bathrooms including lux soaking tubs & walk-in showers. Gourmet kitchen comprises Bosch, Thermador & LG refrigerator, bar seating, ample cabinetry & breakfast area overlooking sumptuous pool-spa w/lion fountainhead. Custom details throughout include refinished hardwood floors, arched/bay windows, crown moldings, plantation shutters, leaded glass & modernized window treatments. Smart home is upgraded w/ wifi enabled security alarm system, light switches, 4 external security cameras & reverse osmosis water purification system. Outdoor entertaining offers privacy, & causal simplicity w/ built-in stainless steel BBQ & bench seating. Or tend to your numerous olive trees, crepe myrtles, rose bushes, hydrangeas, gardenias, azaleas & camellias; a gardener's paradise.

Last Agent to Sell the Property

Christopher Pickett

Douglas Elliman License #01475927 Listed on: 08/06/2018

Douglas Elliman

Co-Listed By

Ernie Carswell

Sotheby's International Realty License #01111566

Last Buyer's Agent

Dan Sanchez

License #01258134

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,245

Year Built

  • Built in 1950

Lot Details

  • 6,905 Sq Ft Lot
  • Property is zoned BUR1YY

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,430 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2459-023-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,245

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3430
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Marble
  • Bedrooms: 5
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator
  • Price Per S Q F T: 473.76

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Green Belt, Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Door Opener, Driveway, Driveway - Concrete, Garage - 2 Car

Utilities

  • Cooling: Central, Dual
  • Heating: Central, Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2459-023-007
  • Geocode Override: No
  • Lot Size Area: 6905

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 20, 2018
Sold by
Tasoff Robert S and Tasoff Michele L
Bought by
Hentz Jared and Hentz Elizabeth
Seller's Agent
Christopher Pickett
Douglas Elliman
Buyer's Agent
Dan Sanchez
List Price
$1,625,000
Sold Price
$1,660,000
Premium/Discount to List
$35,000
2.15%
Current Estimated Value
$2,432,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,607
Avg. Annual Appreciation
5.72%
Original Mortgage
$720,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2015
Closed on
May 21, 2015
Sold by
Stockton Norman C
Bought by
Tasoff Revoc Robert S and Tasoff Revoc Michele L
Seller's Agent
Thomas Masterani
Engel & Völkers Burbank
Buyer's Agent
Christopher Pickett
Douglas Elliman
List Price
$1,300,000
Sold Price
$1,290,000
Premium/Discount to List
-$10,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$540,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2003
Sold by
Stockton Norman and Stockton Kathleen
Bought by
Stockton Norman C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hentz Jared $1,660,000 Orange Coast Title Company
Tasoff Revoc Robert S $1,290,000 Fidelity National Title
Stockton Norman C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hentz Carla $689,200
Closed Hentz Jared $710,200
Closed Hentz Jared $720,000
Previous Owner Tasoff Revoc Robert S $540,000
Previous Owner Stockton Norman C $292,000
Previous Owner Stockton Norman C $310,000
Previous Owner Stockton Norman $250,000
Previous Owner Stockton Norman $300,700
Previous Owner Stockton Norman $100,000
Previous Owner Stockton Norman $90,000
Previous Owner Stockton Norman $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $1,660,000 +2.2% $484 / Sq Ft
09/05/2018 09/05/18 For Sale $1,625,000 -2.1% $474 / Sq Ft
08/27/2018 08/27/18 Off Market $1,660,000 -- --
08/06/2018 08/06/18 For Sale $1,625,000 +26.0% $474 / Sq Ft
05/28/2015 05/28/15 Sold $1,290,000 -0.8% $376 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $1,300,000 -- $379 / Sq Ft
Source: The MLS

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 $20,245 $1,851,755 $1,111,054 $740,701
2024 $20,245 $1,815,447 $1,089,269 $726,178
2023 $20,028 $1,779,851 $1,067,911 $711,940
2022 $19,117 $1,744,953 $1,046,972 $697,981
2021 $19,041 $1,710,740 $1,026,444 $684,296
2019 $18,265 $1,660,000 $996,000 $664,000
2018 $15,184 $1,362,581 $817,549 $545,032
2016 $14,413 $1,309,672 $785,803 $523,869
2015 $8,303 $753,583 $337,104 $416,479
2014 -- $738,822 $330,501 $408,321
Source: Public Records

Agents Affiliated with this Home

  • Christopher Pickett

    Seller's Agent in 2018

    Christopher Pickett

    Douglas Elliman

    (310) 800-7103

    49 Total Sales

    Christopher Pickett
    Section Image
  • Ernie Carswell

    Seller Co-Listing Agent in 2018

    Ernie Carswell

    Sotheby's International Realty

    (424) 202-3226

    1 in this area

    156 Total Sales

    Ernie Carswell
    Section Image

  • D

    Buyer's Agent in 2018

    Dan Sanchez

    Section Image

  • T

    Seller's Agent in 2015

    Thomas Masterani

    Engel & Völkers Burbank

    (818) 843-7100

    6 in this area

    21 Total Sales

    Thomas Masterani
    Section Image
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Map

Source: The MLS

MLS Number: 18-372164

The MLS

APN: 2459-023-007

California Los Angeles County Burbank 91504 Hillside District

531 University Ave, Burbank, CA

This home is located at 531 University Ave, Burbank, CA 91504 since 06 August 2018 and is currently estimated at $2,432,607, approximately $709 per square foot. This property was built in 1950. 531 University Ave is a home located in Los Angeles County with nearby schools including Thomas Jefferson Elementary School, John Muir Middle School, and Burbank High School.

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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