Seller's Agent in 2023
Steven Roman
Keller Williams Realty World Media Center
(323) 309-7580
9 in this area
47 Total Sales
540 N Niagara St Burbank, CA 91505
Magnolia Park NeighborhoodEstimated Value: $1,248,000 - $1,618,000
4
Beds
2
Baths
1,581
Sq Ft
$909/Sq Ft
Est. Value
Highlights
- Property is near park
- Wood Flooring
- No HOA
- Dolores Huerta Middle School Rated A-
- Quartz Countertops
- Neighborhood Views
About This Home
As of September 2023Gorgeous duplex on a prime street in Magnolia Park. Look no further for the perfect spot to call home or invest in one of Burbank’s best neighborhoods. Each 2 bed, 1 bath unit has a nice flow greeting you with an abundance of light and newly refinished hardwood floors. The front unit was renovated last year with a new bath, new appliances, recessed lighting, paint and stunning tile in the kitchen and bath. The kitchen is a designers dream with stainless steel appliances, a vented range hood, quartz counters, a deep sink, and vintage light green colored cabinets. The bath has a spa like feel, with floor to ceiling tile on one wall and a deep soaking tub for relaxing. The back unit was just painted, the hardwood floors refinished, and new tile floor installed in the bathroom. The bedrooms in both units are spacious, and each unit has a separate laundry right off the kitchen. Relax on the front porch in the evening or for your morning coffee, say hello to the neighbors and gaze out at beautifully landscaped front yard complete with automatic sprinklers and drip lines. There’s a new roof and spacious garage with room for all your storage needs. This home is close to everything including Magnolia Park shops and eateries, the studios, freeways, and The Hollywood Burbank airport. Welcome to your new home!
Last Agent to Sell the Property
Keller Williams Realty World Media Center License #02024357 Listed on: 08/23/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 6,116 Sq Ft Lot
- 1 Common Wall
- West Facing Home
- Vinyl Fence
- Drip System Landscaping
- Front Yard Sprinklers
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
- Driveway
Home Design
- Duplex
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,581 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Family Room
- Neighborhood Views
Kitchen
- Gas Range
- Free-Standing Range
- Range Hood
- Dishwasher
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Water Heater
Additional Features
- More Than Two Accessible Exits
- Property is near park
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, sewer, trash collection
- Tax Lot 30
- Tax Tract Number 13123
- Assessor Parcel Number 2479016018
- $268 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,920
- Insurance Expense $1,025
- Water Sewer Expense $2,490
- New Taxes Expense $13,738
- Operating Expense $19,173
- Gross Income $37,200
- Net Operating Income $18,027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2023
Closed on
Sep 6, 2023
Sold by
Mcglamery Trust
Bought by
Desiderio Erik and Desiderio Galeit
Seller's Agent
Steven Roman
Keller Williams Realty World Media Center
Buyer's Agent
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
List Price
$1,099,000
Sold Price
$1,350,000
Premium/Discount to List
$251,000
22.84%
Views
121
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,052
Avg. Annual Appreciation
2.71%
Original Mortgage
$1,012,500
Outstanding Balance
$989,098
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$448,097
Purchase Details
Closed on
Mar 7, 2017
Sold by
Mcglamery John C and Mcglamery Nina B
Bought by
Mcglamery John C and Mcglamery Nina B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2015
Sold by
Mcglamery John Barrett and Mc Glamery Sandra Ann
Bought by
The Mcglamery Trust
Purchase Details
Closed on
Aug 12, 2010
Sold by
Mcglamery John C and Mc Glamery Nina B
Bought by
Mcglamery John C and Mcglamery Nina B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desiderio Erik | $1,350,000 | Chicago Title Company | |
| Mcglamery John C | -- | None Available | |
| Mcglamery John C | -- | None Available | |
| The Mcglamery Trust | -- | None Available | |
| Mcglamery John C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desiderio Erik | $1,012,500 | |
| Previous Owner | Mcglamery John C | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/21/2023 09/21/23 | Sold | $1,350,000 | +22.8% | $854 / Sq Ft |
| 08/23/2023 08/23/23 | For Sale | $1,099,000 | -- | $695 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,015 | $1,377,000 | $790,500 | $586,500 |
| 2024 | $15,015 | $1,350,000 | $775,000 | $575,000 |
| 2023 | $3,251 | $268,799 | $139,377 | $129,422 |
| 2022 | $3,108 | $263,530 | $136,645 | $126,885 |
| 2021 | $3,089 | $258,364 | $133,966 | $124,398 |
| 2019 | $2,969 | $250,703 | $129,994 | $120,709 |
| 2018 | $2,859 | $245,789 | $127,446 | $118,343 |
| 2016 | $2,702 | $236,248 | $122,499 | $113,749 |
| 2015 | $2,573 | $232,700 | $120,659 | $112,041 |
| 2014 | $2,577 | $228,143 | $118,296 | $109,847 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Roman
-
Anne Marie Osgood
A
Seller Co-Listing Agent in 2023
Anne Marie Osgood
Keller Williams Realty World Media Center
(818) 239-3500
10 in this area
35 Total Sales
-
Robin McCary
Buyer's Agent in 2023
Robin McCary
eXp Realty of Greater Los Angeles, Inc.
(818) 974-0613
4 in this area
88 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23144256
APN: 2479-016-018
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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