K
Seller's Agent in 2014
Karineh Megerdichian
LPT Realty
(818) 476-3000
2 in this area
29 Total Sales
609 E Palm Ave Unit 309 Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $743,001 - $852,000
2
Beds
2
Baths
1,414
Sq Ft
$315/mo
HOA Fee
Highlights
- Gated Parking
- 0.52 Acre Lot
- Meeting Room
- Ralph Emerson Elementary School Rated A-
- Open Floorplan
- Subterranean Parking
About This Home
As of October 2014An immaculately Clean 2 Bedroom, 2 Bathroom, Loft and a Large Private Terrace condominium. Corner Unit sharing only one common wall. High ceilings, light and bright, surrounded by windows that display outside greenery yet provides privacy. A corner Balcony on the first floor. New floors, new paint, new appliances. A gas fireplace. Spiral stairway leads to the Loft which opens up to a Large private Terrace with the views of the Burbank Hills, great for outdoor entertainment and BBQ. 2 subterranean parking, ample storage. It offers recreation, gym and bike storage rooms.
Last Agent to Sell the Property
LPT Realty License #01836078 Listed on: 09/12/2014
Property Details
Home Type
- Condominium
Year Built
- Built in 1991
Lot Details
- 0.52
HOA Fees
- $315 Monthly HOA Fees
Parking
- Subterranean Parking
- Parking Available
- Garage Door Opener
- Gated Parking
Interior Spaces
- 1,414 Sq Ft Home
- Open Floorplan
- Gas Fireplace
- Living Room with Fireplace
- Storage
- Laundry Room
- Laminate Flooring
- Intercom
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- 1 Common Wall
- Central Air
Listing and Financial Details
- Assessor Parcel Number 2455031061
Community Details
Amenities
- Meeting Room
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2014
Closed on
Oct 25, 2014
Sold by
Zakarian Karine
Bought by
Zakarian Karine and Zakarian Caroline
Seller's Agent
Karineh Megerdichian
LPT Realty
Buyer's Agent
Vivian Long
Remax Optima
List Price
$505,000
Sold Price
$500,000
Premium/Discount to List
-$5,000
-0.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,000
Avg. Annual Appreciation
4.21%
Original Mortgage
$375,000
Outstanding Balance
$287,722
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$505,278
Purchase Details
Listed on
Sep 12, 2014
Closed on
Sep 24, 2014
Sold by
Manoukian Vahik
Bought by
Zakarian Karine
Seller's Agent
Karineh Megerdichian
LPT Realty
Buyer's Agent
Vivian Long
Remax Optima
List Price
$505,000
Sold Price
$500,000
Premium/Discount to List
-$5,000
-0.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$287,722
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$505,278
Purchase Details
Closed on
Aug 26, 2005
Sold by
Garcia Adolfo
Bought by
Manoukian Vahik and Yarian Klar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2003
Sold by
Segar Magda
Bought by
Garcia Adolfo and Segar Magda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.6%
Purchase Details
Closed on
Sep 17, 1998
Sold by
Segar Adolfo Garcia
Bought by
Segar Magda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.75%
Purchase Details
Closed on
May 21, 1997
Sold by
Sarkiss Robert
Bought by
Segar Adolfo Garcia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.95%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zakarian Karine | -- | None Available | |
| Zakarian Karine | $500,000 | North American Title Company | |
| Manoukian Vahik | $495,000 | Alliance Title | |
| Garcia Adolfo | -- | North American Title Co | |
| Segar Magda | -- | Commonwealth Land Title Co | |
| Segar Adolfo Garcia | $140,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zakarian Karine | $375,000 | |
| Previous Owner | Manoukian Vahik | $396,000 | |
| Previous Owner | Garcia Adolfo | $125,000 | |
| Previous Owner | Segar Magda | $104,500 | |
| Previous Owner | Segar Adolfo Garcia | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2014 10/31/14 | Sold | $500,000 | -1.0% | $354 / Sq Ft |
| 10/22/2014 10/22/14 | Pending | -- | -- | -- |
| 07/21/2014 07/21/14 | For Sale | $505,000 | -- | $357 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,618 | $600,915 | $386,390 | $214,525 |
| 2024 | $6,618 | $589,133 | $378,814 | $210,319 |
| 2023 | $6,547 | $577,583 | $371,387 | $206,196 |
| 2022 | $6,248 | $566,258 | $364,105 | $202,153 |
| 2021 | $6,221 | $555,156 | $356,966 | $198,190 |
| 2019 | $5,968 | $538,691 | $346,379 | $192,312 |
| 2018 | $5,933 | $528,130 | $339,588 | $188,542 |
| 2016 | $5,630 | $507,624 | $326,402 | $181,222 |
| 2015 | $5,516 | $500,000 | $321,500 | $178,500 |
| 2014 | $4,343 | $392,000 | $284,000 | $108,000 |
Source: Public Records
Agents Affiliated with this Home
-
Karineh Megerdichian
-
Vivian Long
Buyer's Agent in 2014
Vivian Long
RE/MAX
(818) 571-0435
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 314031470
APN: 2455-031-061
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