NOT LISTED FOR SALE

Estimated Value: $1,296,000 - $1,665,000

3 Beds
3 Baths
1,848 Sq Ft
$773/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $631,000 $341 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $8,487/month

10 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Corner Lot
  • Ralph Emerson Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2013

Located in a highly desired area above Glenoaks sits this great duplex. This is a wonderful investment opportunity for a solid property in a strong rental neighborhood. Perfect for owner occupant. Front unit is a 2 bedroom / 2 bath unit with Formal Dining Room, Living Room with recessed lights, wide hallway, in unit laundry, functional floor plan and comfortable porch. Back unit, which fronts on Cypress, offers 1 bedroom / 1 bath with Dining Room and laundry room. Each unit has a private single car garage. Flat, clean concrete area behind garages perfect for entertaining & BBQ’s. Conveniently located. Close to Downtown Burbank, shopping mall, restaurants, freeway access and all other local amenities. Close to desired Burbank Schools; Emerson Elementary, Muir Middle & Burbank High.

Last Agent to Sell the Property

Robert Kurdyan

Keller Williams Realty World Media Center License #01493532 Listed on: 07/01/2013

Keller Williams Realty World Media Center

Co-Listed By

Linda Barnes

Equity Union License #00620062

Last Buyer's Agent

Maricruz Lutt

Park Regency Realty License #01473477

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,498

Year Built

  • Built in 1936

Lot Details

  • 5,894 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,848 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Wood Flooring
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2455038006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $660
  • Insurance Expense $549
  • New Taxes Expense $7,862
  • Gross Income $2,895
  • Net Operating Income $25,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,498

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Information
  • Other Phone Number: 818-533-1525
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 2455038006
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Crown Molding, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 341.45
  • Room Type: Living Room

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Corner Lot, Sprinklers In Front
  • Lot Size Sq Ft: 5894.00
  • Lot Size Acres: 0.1350

Multi Family

  • Gross Income: 2895.00
  • Gross Scheduled Income: 34740.00
  • Insurance Expense: 549.00
  • Lot Size Area: 5894.0000 Square Feet
  • Net Operating Income: 25668.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9072.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7862.00
  • Tax Lot: 2
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2020
Sold by
Cevada Guadalupe Morales and Cevada Guadalupe Morales
Bought by
Cevada Guadalupe Morales and Cevada Guadalupe Morales
Current Estimated Value
$1,427,617

Purchase Details

Closed on
Feb 10, 2014
Sold by
Cevada Guadalupe Morales
Bought by
Cevada Guadalupe Morales and Guadalupe Morales Cevada Family Trust

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jul 16, 2013
Sold by
Ramirez Lois
Bought by
Cevada Guadalupe Morales
Seller's Agent
Robert Kurdyan
Keller Williams Realty World Media Center
Buyer's Agent
Maricruz Lutt
Park Regency Realty
List Price
$629,000
Sold Price
$631,000
Premium/Discount to List
$2,000
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Ramirez Lois and Gilbert & Lois Ramirez Trust
Bought by
Ramirez Lois and Trust A

Purchase Details

Closed on
Feb 15, 2005
Sold by
Ramirez Lois
Bought by
Ramirez Lois and The Gilbert & Lois Ramirez Trust

Purchase Details

Closed on
Feb 20, 2003
Sold by
Gubatan Toribio
Bought by
Ramirez Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
5.6%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Elmassry Ana
Bought by
Gubatan Toribio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,250
Interest Rate
7.25%

Purchase Details

Closed on
Aug 30, 1999
Sold by
Gohlke William R
Bought by
Elmassry Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Cevada Guadalupe Morales -- None Available
Cevada Guadalupe Morales -- None Available
Cevada Guadalupe Morales $631,000 Lawyers Title Company
Ramirez Lois -- None Available
Ramirez Lois -- --
Ramirez Gilbert $451,000 Ctt
Gubatan Toribio $385,000 Investors Title Company
Elmassry Ana $259,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Gilbert $351,000
Previous Owner Gubatan Toribio $327,250
Previous Owner Elmassry Ana $225,000
Previous Owner Elmassry Ana $22,500
Previous Owner Elmassry Ana $217,500
Previous Owner Elmassry Ana $207,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2013 08/09/13 Sold $631,000 +0.3% $341 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $629,000 -- $340 / 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 $8,498 $773,509 $467,048 $306,461
2024 $8,498 $758,343 $457,891 $300,452
2023 $8,407 $743,474 $448,913 $294,561
2022 $8,025 $728,897 $440,111 $288,786
2021 $7,989 $714,606 $431,482 $283,124
2019 $7,664 $693,412 $418,685 $274,727
2018 $7,574 $679,817 $410,476 $269,341
2016 $7,186 $653,421 $394,538 $258,883
2015 $7,039 $643,607 $388,612 $254,995
2014 $7,024 $631,000 $381,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13126962

California Regional Multiple Listing Service (CRMLS)

APN: 2455-038-006