NOT LISTED FOR SALE

535 E Cedar Ave Unit H Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $763,214 - $921,000

3 Beds
2.5 Baths
1,283 Sq Ft
$647/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $695,000 $542 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,465/month

7 Days on Market

Highlights

  • In Ground Pool
  • 0.49 Acre Lot
  • Wood Flooring
  • Joaquin Miller Elementary School Rated A-
  • Traditional Architecture
  • 3-minute walk to Joaquin Miller Park

About This Home

As of June 2021

Charming townhome located in the heart of Burbank! Convenient corner unit with only one common wall allows for lots of natural light. Open floor plan with 3 bedrooms, 2.5 bathrooms and 1,283 square feet of living space. Formal tiled entry leads to light and bright living room with gas fireplace, hardwood floors and floor-to-ceiling picture window that overlooks Cedar Avenue. Living room is adjacent to sumptuous dining area with sliding glass door that opens to your cozy patio with succulents, new awning cover, and BBQ area. Sun filled kitchen with granite counter tops, breakfast bar and built-in wine rack leads to hallway with laundry area, pantry closet, additional storage under the staircase and updated half bathroom for guests. Second level features master bedroom with hardwood floors, balcony with some peek-a-boo views of the mountains and master bathroom with walk-in closet. Second level also features two additional bedrooms with ample closet space, large linen closet, and guest bathroom with granite counter tops. Gated subterranean parking with two side-by-side spaces. Quaint complex with only 17 units features sparkling pool for your summertime enjoyment, secured access and HOA that includes water & earthquake insurance. Located North of Glenoaks, just minutes from Downtown Burbank, Burbank Town Center, Saturday Farmer’s Market, shops, restaurants and much more. Truly a great opportunity!

Last Agent to Sell the Property

Jackie Ovsepyan

Coldwell Banker Realty License #01363033 Listed on: 05/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Elvin Apelian

Equity Union License #01433009

Equity Union

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1981

Lot Details

  • 0.49

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,283 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Additional Features

  • 1 Common Wall
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 34973
  • Assessor Parcel Number 5621022053

Community Details

Overview

  • 17 Units
  • Cedar Townhomes Association, Phone Number (818) 981-1802
  • Lbpm HOA

Recreation

  • Community Pool

Security

  • Controlled Access

Townhouse Details

Home Type

Townhome

Year Built

Built in 1981

Lot Details

0

HOA Fees

$410 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Architectural Style: Traditional
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5621022053
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1283.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 541.70
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Earthquake Insurance, Trash, Water, Controlled Access
  • Association Fee: 410.00
  • Association Fee Frequency: Monthly
  • Association Name: Cedar Townhomes
  • Phone: 818-981-1802
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban
  • Association Management: LBPM

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 21236.00
  • Lot Size Acres: 0.4875

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21236.0000 Square Feet
  • Number Of Units In Community: 17
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3107.03
  • Tax Lot: 1
  • Tax Tract Number: 34973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2002
Sold by
Khanpapyan Tigran
Bought by
Grigorian Armik H
Current Estimated Value
$830,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Outstanding Balance
$91,726
Interest Rate
5.89%
Estimated Equity
$738,828

Purchase Details

Closed on
Nov 15, 2002
Sold by
Grigorian Angela
Bought by
Grigorian Armik H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Outstanding Balance
$91,726
Interest Rate
5.89%
Estimated Equity
$738,828

Purchase Details

Closed on
Jun 30, 1997
Sold by
Ayvazyan Alvard
Bought by
Khanpapyan Tigran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.92%

Purchase Details

Closed on
Jun 10, 1997
Sold by
Fuentes Pablo and Fuentes Florinda
Bought by
Khanpapyan Tigran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.92%

Purchase Details

Closed on
Apr 30, 1997
Sold by
Loftus Sadie Rose and Loftus Sadie R
Bought by
Loftus Sadie Rose and Sadie Rose Loftus Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grigorian Armik H $279,000 Lawyers Title
Grigorian Armik H -- Lawyers Title
Khanpapyan Tigran -- --
Khanpapyan Tigran $115,000 Gateway Title Company
Loftus Sadie Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigorian Armik H $223,200
Previous Owner Khanpapyan Tigran $103,500
Closed Grigorian Armik H $55,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $695,000 +8.8% $542 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/09/2021 05/09/21 For Sale $639,000 -- $498 / 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 $8,433 $752,287 $560,590 $191,697
2024 $8,173 $737,538 $549,599 $187,939
2023 $8,084 $723,077 $538,823 $184,254
2022 $7,713 $708,900 $528,258 $180,642
2021 $4,155 $373,292 $267,599 $105,693
2020 $4,107 $369,466 $264,856 $104,610
2019 $3,984 $362,222 $259,663 $102,559
2018 $3,949 $355,121 $254,572 $100,549
2016 $3,740 $341,334 $244,688 $96,646
2015 $3,663 $336,208 $241,013 $95,195
2014 $3,655 $329,623 $236,292 $93,331
Source: Public Records

Agents Affiliated with this Home

  • Jackie Ovsepyan

    Seller's Agent in 2021

    Jackie Ovsepyan

    Coldwell Banker Realty

    (323) 906-2407

    6 in this area

    32 Total Sales

    Jackie Ovsepyan
    Section Image
  • Elvin Apelian

    Buyer's Agent in 2021

    Elvin Apelian

    Equity Union

    (818) 618-1818

    7 in this area

    72 Total Sales

    Elvin Apelian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21097235

California Regional Multiple Listing Service (CRMLS)

APN: 5621-022-053

California Los Angeles County Burbank 91501 Hillside District

535 E Cedar Ave Unit H, Burbank, CA

Not Listed for Sale

Townhouses

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