NOT LISTED FOR SALE

556 E Palm Ave Unit 105 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $842,000 - $907,000

3 Beds
2 Baths
1,380 Sq Ft
$310/ mo HOA Fee

Last Sold April 22, 2016

Last sale price $545,000 $395 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,453/month

56 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Eat-In Kitchen
  • Ralph Emerson Elementary School Rated A-
  • Neighborhood Views
  • Walk-In Closet

About This Home

As of April 2016

Location, location, location! This beautiful, upgraded condo is walking distance to downtown Burbank with shops, restaurants and Ikea. You will find major studios close by with great schools in the area. The condo has an open floor plan which features wood floors, tile floors, granite counters, cherry wood cabinets, stainless steel appliances, recessed lights, upgraded fixtures, walk in closet, crown molding and high ceilings. The refrigerator and washer/dryer are included with the condo! Come and see for yourself and make it your own!

Last Agent to Sell the Property

Lori Kwan

Wetrust Realty License #01736283 Listed on: 12/03/2015

Last Buyer's Agent

Arvin Bagdasaryan

JohnHart Real Estate License #01331404

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Patio Home

Interior Spaces

  • 1,380 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 69835
  • Assessor Parcel Number 2455027046

Community Details

Overview

  • Master Insurance
  • 15 Units
  • 556 Palm Court HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0.35 Acres

HOA Fees

$310 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator and washer/dryer
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455027046
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1380.00
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 394.93
  • Room Type: Living Room, Walk-In Closet

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 310.00
  • Association Fee Frequency: Monthly
  • Association Name: 556 Palm Court HOA
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Patio Home

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 15
  • Number Of Units Total: 15

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 69835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2016
Sold by
Lam Jack
Bought by
Harutunian Anet
Current Estimated Value
$865,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2012
Closed on
Sep 10, 2012
Sold by
Abidor Ruth
Bought by
Lam Jack
Seller's Agent
Mike Vilella
Coldwell Banker Hallmark Realty
Buyer's Agent
Jennie Yang
GRANDMARK REALTY INC.
Sold Price
$431,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$323,250
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2010
Sold by
556 Palm Llc
Bought by
Abidor Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Harutunian Anet $545,000 North American Title
Lam Jack $431,000 Chicago Title Company
Abidor Ruth $490,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harutunian Anet $408,750
Previous Owner Lam Jack $323,250
Previous Owner Abidor Ruth $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2016 04/22/16 Sold $545,000 -2.7% $395 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $560,000 0.0% $406 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
12/03/2015 12/03/15 For Sale $560,000 +29.9% $406 / Sq Ft
10/16/2012 10/16/12 Sold $431,000 -- $312 / Sq Ft View Prior Sale
09/27/2012 09/27/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,100 $645,160 $364,486 $280,674
2024 $7,100 $632,511 $357,340 $275,171
2023 $7,025 $620,110 $350,334 $269,776
2022 $6,704 $607,952 $343,465 $264,487
2021 $6,676 $596,032 $336,731 $259,301
2019 $6,404 $578,356 $326,745 $251,611
2018 $6,361 $567,017 $320,339 $246,678
2016 $4,985 $448,338 $228,330 $220,008
2015 $4,884 $441,605 $224,901 $216,704
2014 $4,872 $432,956 $220,496 $212,460
Source: Public Records

Agents Affiliated with this Home

  • Lori Kwan

    Seller's Agent in 2016

    Lori Kwan

    Wetrust Realty

    (626) 502-8178

    22 Total Sales

    Lori Kwan
    Section Image

  • A

    Buyer's Agent in 2016

    Arvin Bagdasaryan

    JohnHart Real Estate

  • M

    Seller's Agent in 2012

    Mike Vilella

    Coldwell Banker Hallmark Realty

    (818) 424-8340

    1 Total Sale

    Mike Vilella
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    John Scillitani

    Berkshire Hathaway HomeServices Crest Real Estate

    Section Image

  • J

    Buyer's Agent in 2012

    Jennie Yang

    GRANDMARK REALTY INC.

    (626) 292-7007

    8 Total Sales

    Jennie Yang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15256715

California Regional Multiple Listing Service (CRMLS)

APN: 2455-027-046

California Los Angeles County Burbank 91501 Hillside District

556 E Palm Ave Unit 105, Burbank, CA

Not Listed for Sale

Condos

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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