NOT LISTED FOR SALE

Estimated Value: $671,585 - $788,000

2 Beds
2 Baths
1,135 Sq Ft
0.52 Acres

Last Sold March 06, 2015

Last sale price $367,000 $323 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,252/month

Highlights

  • Gated Parking
  • Updated Kitchen
  • Main Floor Bedroom
  • Ralph Emerson Elementary School Rated A-
  • 0.52 Acre Lot
  • Furnished

About This Home

As of November 2023

GREAT Location!!!Beautiful Upgraded Condominium. The Palm Terrace! Located in prime Burbank above Glen oaks. Besides it's great location, this quiet and cozy first floor corner unit offers two bedrooms, two full baths, a large living room with fireplace, and a dining area with a wet bar. Wood floors in living room and in bedrooms. Spacious kitchen with granite counter tops, tiled floors, and plenty of cabinets. Master suite boasts two closets and a master bathroom with granite counter tops and dual sinks. This unit also has central air and heat, great natural light,washer and dryer, and two parking spaces with storage. The building has an elevator, , recreational room great for entertaining, and is close to Downtown Burbank close to Media center , restaurants, shopping and theaters. This is the one you are looking for!

Last Agent to Rent the Property

Sarkis Kalinyan

Coldwell Banker Hallmark Realty License #01294788 Listed on: 11/08/2023

Coldwell Banker Hallmark Realty

Last Renter's Agent

Sarkis Kalinyan

Coldwell Banker Hallmark Realty License #01294788 Listed on: 11/08/2023

Coldwell Banker Hallmark Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • Property fronts an alley
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,135 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Gas Fireplace
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Room
  • Closed Circuit Camera

Kitchen

  • Updated Kitchen
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessible Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $3,200
  • 12-Month Minimum Lease Term
  • Available 11/15/23
  • Tax Lot 1
  • Tax Tract Number 47391
  • Assessor Parcel Number 2455031048

Community Details

Overview

  • Property has a Home Owners Association
  • 27 Units

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $50

Condo Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2023-11-15
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Pets: 50
  • Deposit Security: 3200
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Security: Closed Circuit Camera(s)
  • View: No
  • Zoning: BUR4*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2455031048
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1135.00 Square Feet
  • Interior Amenities: Copper Plumbing Full
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Accessibility Features: 36 Inch Or More Wide Halls, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.56
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Pool Features: Association
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 22792.00
  • Lot Size Acres: 0.5232

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 22792.0000 Square Feet
  • Number Of Units In Community: 27
  • Number Of Units Total: 27

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 1
  • Tax Tract Number: 47391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Feb 27, 2015
Sold by
Saedan Andy
Bought by
Hasratyan Anush
Seller's Agent
SARKIS KALONYAN
MULHERN REALTY
Buyer's Agent
SARKIS KALONYAN
MULHERN REALTY
Sold Price
$2,200
Current Estimated Value
$733,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,696
Avg. Annual Appreciation
6.61%
Original Mortgage
$293,600
Outstanding Balance
$223,288
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$510,608

Purchase Details

Closed on
Mar 3, 2008
Sold by
Johnson Todd F
Bought by
Saedan Andy and Fargas Katherina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
5.99%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 12, 2002
Sold by
Lochhead Robert S
Bought by
Johnson Todd F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
6.7%

Purchase Details

Closed on
Jul 14, 1998
Sold by
Ge Capital Mtg Services Inc
Bought by
Lochhead Robert S and Lochhead Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,850
Interest Rate
6.93%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Chase Bank Of Texas Na
Bought by
Ge Capital Mtg Services Inc

Purchase Details

Closed on
Nov 5, 1997
Sold by
Babaians Houbic
Bought by
Texas Commerce Bank National Assn

Purchase Details

Closed on
Dec 22, 1993
Sold by
Babaians Leon
Bought by
Babaians Houbic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
4.62%

Purchase Details

Closed on
Dec 15, 1993
Sold by
Knz Enterprises Inc
Bought by
Babaians Houbic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
4.62%
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
Hasratyan Anush $367,000 North American Title Company
Saedan Andy $371,000 United Title Company
Johnson Todd F -- United Title Company
Johnson Todd F $226,000 Chicago Title Insurance Co
Lochhead Robert S $134,000 Stewart Title
Ge Capital Mtg Services Inc -- Stewart Title
Texas Commerce Bank National Assn $125,000 Stewart Title
Babaians Houbic -- Stewart Title
Babaians Houbic $149,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasratyan Anush $293,600
Previous Owner Johnson Todd F $7,500
Previous Owner Saedan Andy $363,500
Previous Owner Johnson Todd F $214,200
Previous Owner Lochhead Robert S $130,850
Previous Owner Babaians Houbic $134,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2023 11/15/23 Rented $2,900 -9.4% --
11/08/2023 11/08/23 For Rent $3,200 +23.1% --
11/14/2021 11/14/21 Rented $2,600 -3.7% --
10/27/2021 10/27/21 Off Market $2,700 -- --
10/26/2021 10/26/21 For Rent $2,700 0.0% --
10/04/2021 10/04/21 Off Market $2,700 -- --
10/04/2021 10/04/21 For Rent $2,700 0.0% --
09/04/2021 09/04/21 Off Market $2,700 -- --
09/02/2021 09/02/21 For Rent $2,700 0.0% --
07/13/2021 07/13/21 Off Market $2,700 -- --
07/11/2021 07/11/21 For Rent $2,700 0.0% --
07/10/2021 07/10/21 Off Market $2,700 -- --
06/03/2021 06/03/21 For Rent $2,700 +22.7% --
03/27/2015 03/27/15 Rented $2,200 -3.9% --
03/27/2015 03/27/15 For Rent $2,290 0.0% --
03/06/2015 03/06/15 Sold $367,000 -0.5% $323 / Sq Ft View Prior Sale
03/06/2015 03/06/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $369,000 -- $325 / 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 $4,879 $441,070 $233,276 $207,794
2024 $4,879 $432,422 $228,702 $203,720
2023 $4,827 $423,944 $224,218 $199,726
2022 $4,606 $415,632 $219,822 $195,810
2021 $4,586 $407,483 $215,512 $191,971
2020 $4,534 $403,306 $213,303 $190,003
2019 $4,399 $395,399 $209,121 $186,278
2018 $4,371 $387,647 $205,021 $182,626
2016 $4,146 $372,596 $197,060 $175,536
2015 $4,203 $380,000 $225,000 $155,000
2014 $4,276 $380,000 $225,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23207762

California Regional Multiple Listing Service (CRMLS)

APN: 2455-031-048