NOT LISTED FOR SALE

573 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $815,000 - $1,264,000

2 Beds
2 Baths
1,015 Sq Ft
$966/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $1,400,000 $1,379 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $5,534/month

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property
  • Ralph Emerson Elementary School Rated A-
  • Laundry Room

About This Home

As of July 2024

Property in need of Much repair. Will not qualify for conventional financing. Offered for land value only. Sold before processing with 421 N. Sixth also land value only. Data provided to MLS for data- comparison purposes only.

Last Agent to Sell the Property

Jerry Baker

Coldwell Banker Dynasty T.C. Brokerage Phone: 626-233-0620 License #00778176 Listed on: 07/21/2024

Coldwell Banker Dynasty T.C.

Co-Listed By

Connie Snider Baker

Coldwell Banker Dynasty T.C. Brokerage Phone: 626-233-0620 License #01819025

Coldwell Banker Dynasty T.C.

Last Buyer's Agent

Connie Snider Baker

Coldwell Banker Dynasty T.C. Brokerage Phone: 626-233-0620 License #01819025

Coldwell Banker Dynasty T.C.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,411

Year Built

  • Built in 1920

Lot Details

  • 7,049 Sq Ft Lot
  • Corner Lot
  • Property is zoned BUR4*

Interior Spaces

  • 1,015 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Additional Features

  • Rain Gutters
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 36
  • Tax Tract Number 35786
  • Assessor Parcel Number 2455035020
  • $165 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,411

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2455035020
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1015.00 Square Feet
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1379.31
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 7049.00
  • Lot Size Acres: 0.1618
  • Latitude Manual: 34.18772800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7049.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 3107.01
  • Tax Lot: 1
  • Tax Tract Number: 35786
  • TaxOtherAnnualAssessmentAmount: 165.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2024
Closed on
Aug 2, 2024
Sold by
Mr Rehab Inc
Bought by
Go Family Revocable Trust and Gedayan
Seller's Agent
Jerry Baker
Coldwell Banker Dynasty T.C.
Buyer's Agent
Connie Snider Baker
Coldwell Banker Dynasty T.C.
List Price
$825,000
Sold Price
$1,400,000
Premium/Discount to List
$575,000
69.7%
Current Estimated Value
$980,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$419,271
Avg. Annual Appreciation
-27.64%
Original Mortgage
$1,100,000
Outstanding Balance
$1,089,508
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$108,779

Purchase Details

Listed on
Jul 21, 2024
Closed on
Jul 10, 2024
Sold by
Christopher D Kneisel Trust and John William
Bought by
Mr Rehab Inc
Seller's Agent
Jerry Baker
Coldwell Banker Dynasty T.C.
Buyer's Agent
Connie Snider Baker
Coldwell Banker Dynasty T.C.
List Price
$825,000
Sold Price
$1,400,000
Premium/Discount to List
$575,000
69.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,089,508
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$108,779

Purchase Details

Closed on
Apr 2, 2024
Sold by
Kneisel Christopher D
Bought by
Christopher D Kneisel Trust and Kneisel

Purchase Details

Closed on
Nov 9, 2023
Sold by
Kneisel Living Trust
Bought by
Kneisel Christopher D
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
Go Family Revocable Trust $1,450,000 Lawyers Title Company
Mr Rehab Inc $1,400,000 Lawyers Title
Christopher D Kneisel Trust -- None Listed On Document
Kneisel Christopher D -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Go Family Revocable Trust $1,100,000
Closed Mr Rehab Inc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2024 07/21/24 For Sale $825,000 -41.1% $813 / Sq Ft
07/19/2024 07/19/24 Sold $1,400,000 -- $1,379 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
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 $2,411 $933,000 $853,000 $80,000
2024 $2,411 $204,579 $191,394 $13,185
2023 $2,386 $200,569 $187,642 $12,927
2022 $2,279 $196,637 $183,963 $12,674
2021 $2,266 $192,782 $180,356 $12,426
2019 $2,176 $187,065 $175,007 $12,058
2018 $2,142 $183,398 $171,576 $11,822
2016 $2,026 $176,278 $164,914 $11,364
2015 $1,987 $173,631 $162,437 $11,194
2014 $1,990 $170,231 $159,256 $10,975
Source: Public Records

Agents Affiliated with this Home

  • Jerry Baker

    Seller's Agent in 2024

    Jerry Baker

    Coldwell Banker Dynasty T.C.

    (626) 386-7806

    1 in this area

    58 Total Sales

    Jerry Baker
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Connie Snider Baker

    Coldwell Banker Dynasty T.C.

    (626) 253-6392

    1 in this area

    54 Total Sales

    Connie Snider Baker
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24149711

California Regional Multiple Listing Service (CRMLS)

APN: 2455-035-020

California Los Angeles County Burbank 91501 Hillside District

573 E Magnolia Blvd, Burbank, CA

This home is located at 573 E Magnolia Blvd, Burbank, CA 91501 since 21 July 2024 and is currently estimated at $980,729, approximately $966 per square foot. This property was built in 1920. 573 E Magnolia Blvd is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

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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