NOT LISTED FOR SALE

556 E Palm Ave Unit 203 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $876,161 - $897,000

3 Beds
3 Baths
1,330 Sq Ft
$310/ mo HOA Fee

Last Sold May 25, 2021

Last sale price $750,000 $564 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,776/month

9 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Contemporary Architecture
  • Ralph Emerson Elementary School Rated A-
  • 0.35 Acre Lot
  • Great Room

About This Home

As of May 2021

Fabulously located condo near the Down Town Burbank Business District with lush landscaping creating an oasis atmosphere. Light wood tone flooring and granite counter tops making it a wonderful place to call home. Berber carpeting in the bedroom, 2 out of the 3 bedrooms are complete en suites with walk-In closets and en suite rooms located on opposite sides of the unit making it ideal for maximum privacy. All bedrooms have access to a balcony. Kitchen equipped with stainless steel appliances and Washer/Dryer. Secured entry building and parking is subterranean. Reasonably priced to sell fast.

Last Agent to Sell the Property

Julian Munoz

EMPOWER Real Estate License #01331008 Listed on: 04/19/2021

EMPOWER Real Estate

Last Buyer's Agent

Limor Matalon

Real Brokerage Technologies Inc License #02031697

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • Two or More Common Walls
  • Northwest Facing Home
  • Density is 16-20 Units/Acre

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,330 Sq Ft Home
  • Double Pane Windows
  • Great Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 69835
  • Assessor Parcel Number 2455027049

Community Details

Overview

  • Master Insurance
  • 15 Units
  • 556 Palm Court Homeowners Association, Phone Number (310) 444-7444
  • Allstate HOA
  • Foothills

Recreation

  • Golf Course Community
  • Community Pool
  • Hiking Trails

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0.35 Acres

HOA Fees

$310 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • View: No
  • Zoning: BUR4*
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455027049
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1330.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 563.91
  • Room Type: Great Room, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Association
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Pet Rules, Management
  • Association Fee: 310.00
  • Association Fee Frequency: Monthly
  • Association Name: 556 Palm Court Homeowners Association
  • Phone: 310-444-7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Foothills, Golf, Hiking, Sidewalks, Street Lights, Urban
  • Association Management: Allstate

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 15096.00
  • Lot Size Acres: 0.3466

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15096.0000 Square Feet
  • Number Of Units In Community: 15
  • Number Of Units Total: 15

Tax Info

  • Tax Census Tract: 3107.02
  • Tax Lot: 1
  • Tax Tract Number: 69835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2018
Sold by
Scher David J and Scher Harriet S Golding
Bought by
Scher Investments Llc
Current Estimated Value
$886,040

Purchase Details

Listed on
Nov 12, 2014
Closed on
Dec 8, 2014
Sold by
Kemp Roy E
Bought by
Scher Harriet S Golding and Scher David J
Seller's Agent
Turi Haim
Skyline Realty SCV
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Aug 8, 2013
Sold by
Kemp Roy E
Bought by
Kemp Roy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2013
Sold by
Kemp Alla
Bought by
Kemp Roy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2010
Sold by
556 Palm Llc
Bought by
Kemp Roy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Interest Rate
4.82%
Mortgage Type
New Conventional
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
Scher Investments Llc -- None Available
Scher Harriet S Golding $540,000 Ticor Title
Kemp Roy E -- Wfg Title Company Of Ca
Kemp Roy E -- Wfg Title Company Of Ca
Kemp Roy E $486,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kemp Roy E $356,000
Previous Owner Kemp Roy E $356,000
Previous Owner Kemp Roy E $388,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2021 05/25/21 Sold $750,000 +6.4% $564 / Sq Ft
04/19/2021 04/19/21 For Sale $705,000 0.0% $530 / Sq Ft
03/02/2015 03/02/15 Rented $2,600 0.0% --
03/02/2015 03/02/15 For Rent $2,600 0.0% --
01/02/2015 01/02/15 Sold $540,000 -1.6% $406 / Sq Ft View Prior Sale
11/12/2014 11/12/14 For Sale $549,000 -- $413 / Sq Ft
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 $9,168 $811,821 $509,067 $302,754
2024 $8,890 $795,904 $499,086 $296,818
2023 $8,795 $780,299 $489,300 $290,999
2022 $8,393 $765,000 $479,706 $285,294
2021 $6,712 $599,569 $351,858 $247,711
2020 $6,637 $647,700 $259,080 $388,620
2019 $6,438 $581,788 $341,423 $240,365
2018 $6,396 $570,381 $334,729 $235,652
2016 $6,072 $548,234 $321,732 $226,502
2015 $5,949 $540,000 $316,900 $223,100
2014 $4,893 $435,000 $253,000 $182,000
Source: Public Records

Agents Affiliated with this Home

  • Julian Munoz

    Seller's Agent in 2021

    Julian Munoz

    RE/MAX

    (818) 399-4066

    3 in this area

    17 Total Sales

    Julian Munoz
    Section Image
  • Limor Matalon

    Buyer's Agent in 2021

    Limor Matalon

    Real Brokerage Technologies Inc

    (818) 793-8428

    2 in this area

    25 Total Sales

    Limor Matalon
    Section Image

  • T

    Seller's Agent in 2015

    Turi Haim

    Skyline Realty SCV

    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21071332

California Regional Multiple Listing Service (CRMLS)

APN: 2455-027-049

California Los Angeles County Burbank 91501 Hillside District

556 E Palm Ave Unit 203, Burbank, CA

Not Listed for Sale

Condos

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