NOT LISTED FOR SALE

609 E Palm Ave Unit 306 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $762,700 - $855,000

2 Beds
2 Baths
1,496 Sq Ft
0.52 Acres

Last Sold July 25, 2014

Last sale price $490,000 $328 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,703/month

Highlights

  • Fitness Center
  • City Lights View
  • Main Floor Primary Bedroom
  • Ralph Emerson Elementary School Rated A-
  • 0.52 Acre Lot
  • 2 Car Attached Garage

About This Home

As of March 2020

Large, upper level penthouse unit with private roof top deck in the prime Burbank Promenade area! This unit offers, two large bedrooms + a loft, high vaulted ceilings, large eat-in kitchen, large living room with a gas fireplace, washer/dryer in the unit, refrigerator, stove, microwave and dishwasher, minutes to shops, schools and restaurants. Two non-tandem parking spaces in the garage and a storage locker. Building amenities include, gym, community room, elevator and trash chute.

Last Agent to Rent the Property

Bill Ketcham

Ketcham Realty Partners, Inc. License #01213934 Listed on: 02/23/2020

Last Renter's Agent

Veronica Anania

Keller Williams Exclusive Properties License #02039519

Keller Williams Exclusive Properties

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • Two or More Common Walls
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 1,496 Sq Ft Home
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Living Room Balcony

Kitchen

  • Eat-In Kitchen
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Emerson Elementary School
  • John Muir Middle School
  • Burbank High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes association dues, gas
  • 12-Month Minimum Lease Term
  • Available 2/24/20
  • Tax Lot 1
  • Tax Tract Number 47391
  • Assessor Parcel Number 2455031066

Community Details

Overview

  • Property has a Home Owners Association
  • 31 Units

Recreation

  • Fitness Center

Pet Policy

  • Pet Deposit $300
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

Parking

2

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-02-24
  • Credit Check Paid By: Tenant
  • Deposit Pets: 300
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2455031066
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1496.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.14
  • Room Type: Family Room, Laundry, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • Elementary School: Emerson
  • High School: Burbank
  • Middle Or Junior School: John Muir
  • Elementary School #2: EMERSO
  • High School2: BURBAN

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 22785.00
  • Lot Size Acres: 0.5231

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 22785.0000 Square Feet
  • Management Co: Cardinal Management Group
  • Management Co Phone: 323-373-3182
  • Number Of Units In Community: 31
  • Number Of Units Total: 31
  • Rent Includes: Association Dues, Gas

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
Apr 21, 2014
Closed on
Jul 7, 2014
Sold by
Wrightview Llc
Bought by
Barton Gregory Alex
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Steven Crossman
HomeSmart Evergreen Realty
List Price
$529,950
Sold Price
$490,000
Premium/Discount to List
-$39,950
-7.54%
Current Estimated Value
$797,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,175
Avg. Annual Appreciation
4.34%
Original Mortgage
$294,000
Outstanding Balance
$223,940
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$573,235

Purchase Details

Closed on
Feb 5, 1999
Sold by
Hourany Christiaan N and Brown Christiaan N
Bought by
Wrightview Llc

Purchase Details

Closed on
Aug 22, 1995
Sold by
Ong Tony S and Liu Karen C
Bought by
Brown Christian N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barton Gregory Alex $490,000 Lawyers Title
Wrightview Llc $197,500 American Title Co
Hourany Christiaan N -- American Title Co
Brown Christian N $151,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barton Gregory Alex $294,000
Previous Owner Brown Christian N $120,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2020 03/27/20 Rented $3,200 0.0% --
02/23/2020 02/23/20 For Rent $3,200 0.0% --
07/25/2014 07/25/14 Sold $490,000 -2.0% $328 / Sq Ft View Prior Sale
06/09/2014 06/09/14 Pending -- -- --
05/06/2014 05/06/14 Price Changed $499,950 -5.7% $334 / Sq Ft
04/21/2014 04/21/14 For Sale $529,950 -- $354 / 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 $6,417 $588,895 $368,602 $220,293
2024 $6,417 $577,349 $361,375 $215,974
2023 $6,348 $566,030 $354,290 $211,740
2022 $6,056 $554,933 $347,344 $207,589
2021 $6,028 $544,053 $340,534 $203,519
2019 $5,780 $527,919 $330,435 $197,484
2018 $5,744 $517,568 $323,956 $193,612
2016 $5,447 $497,472 $311,377 $186,095
2015 $5,335 $490,000 $306,700 $183,300
2014 $2,888 $252,566 $116,627 $135,939
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2020

    Bill Ketcham

    Ketcham Realty Partners, Inc.

    (310) 465-9977

    15 Total Sales

    Bill Ketcham
    Section Image
  • Veronica Anania

    Tenant's Agent in 2020

    Veronica Anania

    Keller Williams Exclusive Properties

    (818) 749-0868

    4 Total Sales

    Veronica Anania
    Section Image

  • D

    Seller's Agent in 2014

    David Fogg

    Keller Williams Realty World Media Center

  • S

    Buyer's Agent in 2014

    Steven Crossman

    HomeSmart Evergreen Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20034105

California Regional Multiple Listing Service (CRMLS)

APN: 2455-031-066

California Los Angeles County Burbank 91501 Hillside District

609 E Palm Ave Unit 306, Burbank, CA

Not Listed for Sale

Condos

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