NOT LISTED FOR SALE

536 E Magnolia Blvd Unit 103 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $879,000 - $1,007,000

3 Beds
2.5 Baths
1,556 Sq Ft
$592/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $791,000 $508 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,904/month

14 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Skylights
  • Laundry Room
  • Ralph Emerson Elementary School Rated A-
  • Patio
  • Tile Flooring

About This Home

As of September 2021

Nestled on a small street in the heart of Burbank is this 1,556 sqft, 3-bedroom, 2.5-bathroom townhouse. Just minutes away from shopping, dining, and entertainment, you do not want to miss out on this opportunity. Upon entering, welcome to mahogany rich laminate flooring all throughout the living room, dinning room and second floor bedrooms. Large windows all around that illuminate the space with natural lighting and a fireplace to give the room that cozy feeling. A tile floored kitchen that includes built in stainless appliances; mahogany cabinetry styled with taupe granite like countertops. Venture off to the second floor where you will find 3 generous sized bedrooms that all include built in mirror closets, one of which is the primary with a en suite bathroom. Common hallway that includes a skylight, bringing in tons of natural lighting, an in-unit laundry behind shutter doors and a full bathroom that is shared by both bedrooms 1 and 2. Townhouse also offers direct access to a 2-car subterranean parking along with storage, patio downstairs and also a private balcony upstairs off the hallway.

Last Agent to Sell the Property

John Maseredjian

JohnHart Real Estate License #01874369 Listed on: 07/26/2021

JohnHart Real Estate

Last Buyer's Agent

Steven Roman

Keller Williams Realty World Media Center License #02024357

Keller Williams Realty World Media Center

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1993

Lot Details

  • 7,857 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 1,556 Sq Ft Home
  • Skylights
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Car Direct Access Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • 5 Units
  • Magnolia Park Association, Phone Number (800) 944-2200
  • First City HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50640
  • Assessor Parcel Number 2455030049

Townhouse Details

Home Type

Townhome

Year Built

Built in 1993

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: BURBANK R-4
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2455030049
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1556.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 508.35
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Skylight(s)

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave
  • 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: Maintenance Grounds
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Park
  • Phone: 800-944-2200
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: First City

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7857.00
  • Lot Size Acres: 0.1804

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7857.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3107.02
  • Tax Lot: 1
  • Tax Tract Number: 50640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Nov 24, 2015
Sold by
Choi Jenna D
Bought by
Choi Alex
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$589,985
Sold Price
$560,000
Premium/Discount to List
-$29,985
-5.08%
Current Estimated Value
$921,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,289
Avg. Annual Appreciation
5.07%
Original Mortgage
$280,000
Outstanding Balance
$219,022
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$702,267

Purchase Details

Listed on
Sep 18, 2015
Closed on
Nov 5, 2015
Sold by
Holt Randall S
Bought by
Choi Alex
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$589,985
Sold Price
$560,000
Premium/Discount to List
-$29,985
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$219,022
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$702,267

Purchase Details

Closed on
May 17, 2007
Sold by
Kane Christopher L
Bought by
Holt Randall S and Holt Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Kane Adrienne
Bought by
Kane Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 2, 2005
Sold by
Kane Christopher L
Bought by
Kane Christopher L and Kane Adrienne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 7, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Javier Nelson V and Javier Epifania B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
7.31%

Purchase Details

Closed on
May 14, 1997
Sold by
Nationsbanc Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation
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
Choi Alex -- Fidelity Sherman Oaks
Choi Alex $560,000 Fidelity Sherman Oaks
Holt Randall S $547,000 Fidelity Van Nuys
Kane Christopher L -- Fidelity Van Nuys
Kane Christopher L -- --
Kane Christopher L $550,000 Fidelity Van Nuys
Javier Nelson V $160,000 First American Title Co
Federal Home Loan Mortgage Corporation -- Benefit Land Title Ins Co
Nationsbanc Mtg Corp $137,000 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Alex $280,000
Previous Owner Holt Randall S $417,000
Previous Owner Kane Christopher L $110,000
Previous Owner Kane Christopher L $440,000
Previous Owner Javier Nelson V $151,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $791,000 +0.6% $508 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $785,900 -3.1% $505 / Sq Ft
07/26/2021 07/26/21 For Sale $810,900 +44.8% $521 / Sq Ft
12/14/2015 12/14/15 Sold $560,000 -1.7% $360 / Sq Ft View Prior Sale
10/30/2015 10/30/15 Pending -- -- --
10/19/2015 10/19/15 Price Changed $569,965 -3.4% $366 / Sq Ft
09/18/2015 09/18/15 For Sale $589,985 -- $379 / 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 $9,509 $839,414 $660,601 $178,813
2024 $9,215 $822,956 $647,649 $175,307
2023 $9,116 $806,820 $634,950 $171,870
2022 $8,700 $791,000 $622,500 $168,500
2021 $6,879 $612,438 $452,658 $159,780
2020 $6,802 $606,159 $448,017 $158,142
2019 $6,599 $594,275 $439,233 $155,042
2018 $6,548 $582,623 $430,621 $152,002
2016 $6,214 $560,000 $413,900 $146,100
2015 $5,616 $515,000 $404,000 $111,000
2014 $5,524 $498,000 $390,800 $107,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21163549

California Regional Multiple Listing Service (CRMLS)

APN: 2455-030-049