NOT LISTED FOR SALE

609 E Palm Ave Unit 309 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $758,662 - $870,000

2 Beds
2 Baths
1,414 Sq Ft
0.52 Acre Lot

Sale Details

Date Sold: October 31, 2014

Last sale price $500,000 $354 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,291 / mo

93 Days on Market

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 2014

An 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

Karineh Megerdichian

Real Brokerage Technologies, Inc License #01836078 Listed on: 09/12/2014

Real Brokerage Technologies, Inc

Last Buyer's Agent

Vivian Long

Remax Optima License #00981087

Remax Optima

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 in unit
  • 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

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0.52 Acres

HOA Fees

$315 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All other appliances, stackable washer and Dryer
  • Property Attached: Yes
  • View: No
  • Zoning: BUR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455031061
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1414.00
  • Interior Amenities: Intercom, Open Floorplan, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Price Per Square Foot: 353.61

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gated, Garage Door Opener, Subterranean

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Meeting Room, Storage
  • Association Fee: 315.00
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 22785.00
  • Lot Size Acres: 0.5231

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22785.0000 Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Oct 25, 2014
Sold by
Bought by
Seller's Agent
Karineh Megerdichian
Real Brokerage Technologies, Inc
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
$815,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,916
Avg. Annual Appreciation
4.29%
Original Mortgage
$375,000
Outstanding Balance
$287,722
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$528,194

Purchase Details

Listed on
Sep 12, 2014
Closed on
Sep 24, 2014
Sold by
Bought by
Seller's Agent
Karineh Megerdichian
Real Brokerage Technologies, Inc
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
$528,194

Purchase Details

Closed on
Aug 26, 2005
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$500,000 North American Title Company
$495,000 Alliance Title
-- North American Title Co
-- Commonwealth Land Title Co
$140,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Previous Owner $396,000
Previous Owner $125,000
Previous Owner $104,500
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,829 $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

  • K

    Seller's Agent in 2014

    Karineh Megerdichian

    Real Brokerage Technologies, Inc

    (818) 476-3000

    2 in this area

    32 Total Sales

    Karineh Megerdichian
    Section Image
  • Vivian Long

    Buyer's Agent in 2014

    Vivian Long

    RE/MAX

    (818) 571-0435

    11 Total Sales

    Vivian Long
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 314031470

California Regional Multiple Listing Service (CRMLS)

APN: 2455-031-061

California Los Angeles County Burbank 91501 Hillside District

609 E Palm Ave Unit 309, Burbank, CA

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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