NOT LISTED FOR SALE

556 E Palm Ave Unit 302 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $854,794 - $988,000

3 Beds
3 Baths
1,600 Sq Ft
$310/mo HOA Fee

Last Sold March 27, 2018

Last sale price $665,000 $416 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,422/month

Highlights

  • Gated Parking
  • Two Primary Bedrooms
  • 15,113 Sq Ft lot
  • Ralph Emerson Elementary School Rated A-
  • Views of Trees
  • Contemporary Architecture

About This Home

As of March 2018

Beautiful 3/3 on top level of building. Located in close proximity to much of what Burbank offers. Sold before processing.

Last Agent to Sell the Property

Steve Clark

Backbeat Homes License #01482283 Listed on: 03/21/2018

Last Buyer's Agent

Shakeh Gasparian

License #01412452

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,833

Year Built

  • Built in 2009

Lot Details

  • 0.35

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Dining Area
  • Views of Trees

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Gated Parking
  • Parking Garage Space

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2455-027-053

Community Details

Overview

  • 15 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Fire Sprinkler System
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,833

Year Built

Built in 2009

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 556 Palm Court
  • Entry Floor: 3
  • Living Area: 1600
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 2009
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 405.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Gated Underground

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Fire and Smoke Detection System

Association/Amenities

  • Amenities: Elevator, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 310.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2455-027-053
  • Geocode Override: No
  • Lot Size Area: 15113

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2023
Sold by
Vercesi Trust
Bought by
Vercesi Trust
Current Estimated Value
$919,699

Purchase Details

Listed on
Mar 21, 2018
Closed on
Mar 15, 2018
Sold by
Chun Gregory and Tadaki Shelley Sachi
Bought by
Vercesi Gladys and Vercesi Trust
Seller's Agent
Steve Clark
Backbeat Homes
Buyer's Agent
Shakeh Gasparian
List Price
$649,000
Sold Price
$665,000
Premium/Discount to List
$16,000
2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Feb 5, 2013
Sold by
Chun Gregory
Bought by
Chun Gregory and Tadaki Shelley Sachi

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
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2009
Sold by
556 Palm Llc
Bought by
Chun Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,250
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Vercesi Trust -- None Listed On Document
Vercesi Gladys $665,000 Orange Coast Title Company
Chun Gregory -- Landsafe Title Of Ca Inc
Chun Gregory $519,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chun Gregory $356,000
Previous Owner Chun Gregory $389,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2018 03/27/18 Sold $665,000 +2.5% $416 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $649,000 -- $406 / Sq Ft
Source: The MLS

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 $2,833 $254,338 $76,648 $177,690
2024 $2,833 $249,352 $75,146 $174,206
2023 $2,802 $244,464 $73,673 $170,791
2022 $2,674 $239,672 $72,229 $167,443
2021 $2,654 $234,973 $70,813 $164,160
2019 $2,546 $228,005 $68,713 $159,292
2018 $6,614 $588,780 $383,446 $205,334
2016 $6,276 $565,918 $368,557 $197,361
2015 $6,149 $557,418 $363,021 $194,397
2014 $6,132 $546,500 $355,910 $190,590
Source: Public Records

Agents Affiliated with this Home

  • Steve Clark

    Seller's Agent in 2018

    Steve Clark

    Backbeat Homes

    (818) 519-9363

    2 in this area

    191 Total Sales

    Steve Clark
    Section Image

  • S

    Buyer's Agent in 2018

    Shakeh Gasparian

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Map

Source: The MLS

MLS Number: 18-324808

The MLS

APN: 2455-027-053

California Los Angeles County Burbank 91501 Hillside District

556 E Palm Ave Unit 302, Burbank, CA

This home is located at 556 E Palm Ave Unit 302, Burbank, CA 91501 since 21 March 2018 and is currently estimated at $919,699, approximately $574 per square foot. This property was built in 2009. 556 E Palm Ave Unit 302 is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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