NOT LISTED FOR SALE

540 E Verdugo Ave Unit E Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $765,000 - $864,000

2 Beds
2.5 Baths
1,358 Sq Ft
7,362 Sq Ft Lot

Last Sold August 12, 2017

Last sale price $495,000 $365 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,694/month

38 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Bar
  • Joaquin Miller Elementary School Rated A-
  • Rear Porch
  • Patio

About This Home

As of August 2017

Welcome to an immaculate two bedroom, three bath condominium that is close to the best shops and restaurants Burbank has to offer all in a quaint, well maintained 7 unit complex. This light and bright home has an excellent floor plan that allows for entertaining space on the ground floor and private space above. There is a spacious living and dining room as well as an airy open kitchen with a custom alcove that is perfect for a bar or buffet area. The inviting dining room has sliding glass doors that open to the private patio that is the ideal place to relax and enjoy your morning cup of coffee. In addition, there is a well appointed half bath on the main level. (see add'l copy)The upstairs has two large bedrooms with soaring high ceilings and wall to wall closets. The master bedroom suite has mountain and roof top views, plenty of closet space and a full bath. The second floor also features a convenient side-by-side laundry area, concealed behind double closet doors, Other features include wood floors, ample storage and a large attic area, with drop down ladder (without permit). Don't miss this wonderful condo in a fantastic location!

Last Agent to Sell the Property

Dhari Thein

COMPASS License #01403784 Listed on: 07/04/2017

COMPASS

Last Buyer's Agent

Edgar Akopyan

FIRST CAPITAL REALTY GROUP License #01436786

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 7,362

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Split Level Home
  • Common Roof

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Sliding Doors
  • Living Room
  • Carpet
  • Mountain Views
  • Pull Down Stairs to Attic
  • Gas Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio
  • Rear Porch

Additional Features

  • West Facing Home
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2455006030

Community Details

Overview

  • Property has a Home Owners Association
  • 540 Verdugo Association

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Card/Code Access
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455006030
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1358.00
  • Interior Amenities: Bar, Pull Down Stairs to Attic, Cathedral Ceiling(s)
  • Stories: 2
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Levels: Multi/Split
  • Price Per Square Foot: 364.51
  • Room Type: Living Room, Primary Bedroom

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Mountain(s)
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking
  • Heating Type: Forced Air
  • Laundry Features: In Closet
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Water, Pet Rules
  • Association Fee Frequency: Monthly
  • Association Name: 540 Verdugo
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 7362.00
  • Lot Size Acres: 0.1690

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7362.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2017
Closed on
Aug 2, 2017
Sold by
Anderson Darryl
Bought by
Artunyan Sevak
Seller's Agent
Dhari Thein
COMPASS
Buyer's Agent
Edgar Akopyan
FIRST CAPITAL REALTY GROUP
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Current Estimated Value
$796,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,939
Avg. Annual Appreciation
5.85%
Original Mortgage
$445,500
Outstanding Balance
$370,930
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$426,009

Purchase Details

Listed on
Jul 4, 2017
Closed on
Jul 20, 2017
Sold by
Atanesyan Vanuhi
Bought by
Artunyan Savak
Seller's Agent
Dhari Thein
COMPASS
Buyer's Agent
Edgar Akopyan
FIRST CAPITAL REALTY GROUP
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Outstanding Balance
$370,930
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$426,009

Purchase Details

Closed on
Aug 13, 2008
Sold by
Wilson John D and Wilson Elly
Bought by
Anderson Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Artunyan Sevak $495,000 Lawyers Title
Artunyan Savak -- Lawyers Title
Anderson Darryl $388,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Artunyan Sevak $445,500
Previous Owner Anderson Darryl $349,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2017 08/12/17 Sold $495,000 -0.8% $365 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
07/04/2017 07/04/17 For Sale $499,000 -- $367 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,220 $563,221 $384,699 $178,522
2024 $6,220 $552,178 $377,156 $175,022
2023 $6,154 $541,352 $369,761 $171,591
2022 $5,873 $530,738 $362,511 $168,227
2021 $5,848 $520,332 $355,403 $164,929
2019 $5,610 $504,900 $344,862 $160,038
2018 $5,568 $495,000 $338,100 $156,900
2016 $4,622 $422,071 $273,367 $148,704
2015 $4,527 $415,732 $269,261 $146,471
2014 $4,515 $407,589 $263,987 $143,602
Source: Public Records

Agents Affiliated with this Home

  • Dhari Thein

    Seller's Agent in 2017

    Dhari Thein

    COMPASS

    (626) 243-4266

    106 Total Sales

    Dhari Thein
    Section Image

  • E

    Buyer's Agent in 2017

    Edgar Akopyan

    FIRST CAPITAL REALTY GROUP

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817000544

Pasadena-Foothills Association of REALTORS®

APN: 2455-006-030

California Los Angeles County Burbank 91501 Hillside District

540 E Verdugo Ave Unit E, Burbank, CA

Not Listed for Sale

Condos

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