NOT LISTED FOR SALE

532 Groton Dr Burbank, CA 91504

Hillside District Neighborhood

Estimated Value: $1,338,000 - $1,409,000

3 Beds
2 Baths
1,452 Sq Ft
$938/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $860,000 $592 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,974/month

9 Days on Market

Highlights

  • Mountain View
  • Main Floor Bedroom
  • Den with Fireplace
  • Thomas Jefferson Elementary School Rated A
  • No HOA
  • Patio

About This Home

As of June 2020

Great Burbank Hills location!! The same family has owned this property since 1946 and they are selling their pride and joy!! Over $15,000 has been spent on recent upgrades!!! This is a must see! The property has been professionally staged and you will love it!! This 1,452 square foot home is located on a huge 7,397 square foot lot! Features include 3 bedrooms, 2 bathrooms, formal dining room, mega den with fireplace, master suite, central heat and air, laundry area, hardwood floors, all new paint, new landscaping, office off 2 car detached garage, and more!!!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 04/20/2020

Last Buyer's Agent

Teddy Tran

TRANSCENDENT REAL ESTATE License #01774126

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 7,397 Sq Ft Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17 / 21
  • Tax Tract Number 5073
  • Assessor Parcel Number 2469024030

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2469024030
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1452.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 592.29
  • Room Type: Den, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Sq Ft: 7397.00
  • Lot Size Acres: 0.1698

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7397.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 21
  • Tax Census Tract: 3104.00
  • Tax Lot: 17
  • Tax Tract Number: 5073

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
May 5, 2020
Sold by
Hayes Linda Louise and Hayes Family Trust
Bought by
Alvarez Armando and Lam Susan
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Teddy Tran
TRANSCENDENT REAL ESTATE
List Price
$849,948
Sold Price
$860,000
Premium/Discount to List
$10,052
1.18%
Current Estimated Value
$1,362,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,482
Avg. Annual Appreciation
8.60%
Original Mortgage
$765,000
Outstanding Balance
$677,896
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$684,586

Purchase Details

Closed on
Oct 15, 2019
Sold by
Hayes Linda L and Hayes Linda Louise
Bought by
Hayes Linda Louise and The Hayes Family Trust

Purchase Details

Closed on
Sep 28, 2001
Sold by
Bell Nancy J and The Bell Trust
Bought by
Bell Nancy J and The Bell Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarez Armando $860,000 Fidelity National Title Co
Hayes Linda Louise -- None Available
Hayes Linda L -- None Available
Bell Nancy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Armando $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2020 06/03/20 Sold $860,000 0.0% $592 / Sq Ft
04/29/2020 04/29/20 Price Changed $859,958 +1.2% $592 / Sq Ft
04/20/2020 04/20/20 For Sale $849,948 -- $585 / 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 $10,278 $940,531 $752,426 $188,105
2024 $10,278 $922,090 $737,673 $184,417
2023 $10,168 $904,010 $723,209 $180,801
2022 $9,704 $886,285 $709,029 $177,256
2021 $9,667 $868,908 $695,127 $173,781
2020 $1,095 $87,373 $37,631 $49,742
2019 $1,067 $85,661 $36,894 $48,767
2018 $997 $83,982 $36,171 $47,811
2016 $928 $80,722 $34,767 $45,955
2015 $910 $79,510 $34,245 $45,265
2014 $917 $77,954 $33,575 $44,379
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2020

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    42 in this area

    354 Total Sales

    Brad Korb
    Section Image

  • T

    Buyer's Agent in 2020

    Teddy Tran

    TRANSCENDENT REAL ESTATE

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20056174

California Regional Multiple Listing Service (CRMLS)

APN: 2469-024-030

California Los Angeles County Burbank 91504 Hillside District

532 Groton Dr, Burbank, CA

Not Listed for Sale

Detached

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