NOT LISTED FOR SALE

609 N Fairview St Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,099,000 - $1,636,000

3 Beds
2 Baths
1,340 Sq Ft
$1,019/Sq Ft Est. Value

Highlights

  • No HOA
  • Eat-In Kitchen
  • Slab Porch or Patio
  • Dolores Huerta Middle School Rated A-
  • Bathtub
  • Laundry Room

About This Home

As of June 2017

Beautifully Remodelled 3 Bedroom 2 Bath Duplex in the highly desirable Magnolia Park neighbourhood with close proximity to Magnolia Park, Disney Studios, Warner Bros, Universal Studios, and Downtown Burbank. Featuring and open floor plan with newly a remodelled kitchen with quartz countertops, glass tile backsplash, two beautiful bathrooms, in-unit laundry hookup and new laminate floors. Additionally, there are recessed LED lights throughout, new windows and doors with a private patio. This unit has a private two car garage that is accessed through the back alley.

Last Agent to Rent the Property

Omar Bardumyan

Keller Williams Real Estate Services License #01835366 Listed on: 05/26/2017

Keller Williams Real Estate Services

Last Renter's Agent

Natalie Reichman

Rodeo Realty - Pacific Palisades License #01317889

Rodeo Realty - Pacific Palisades

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 5,883 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,340 Sq Ft Home
  • Duplex
  • Copper Plumbing

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Laundry Room
  • Slab Porch or Patio

Listing and Financial Details

  • Security Deposit $6,790
  • 12-Month Minimum Lease Term
  • Available 5/26/17
  • Tax Lot 31
  • Tax Tract Number 13174
  • Assessor Parcel Number 2480024019

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-05-26
  • Credit Check Paid By: Tenant
  • Deposit Security: 6790
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: BUR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 2480024019
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1340.00 Square Feet
  • Interior Amenities: Copper Plumbing Full
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.54
  • Room Type: All Bedrooms Down, Kitchen
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5883.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3115.00
  • Tax Lot: 31
  • Tax Tract Number: 13174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2019
Sold by
Derian Michael R and Derian Rina
Bought by
Derian Michael R and Derian Rina
Current Estimated Value
$1,180,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Outstanding Balance
$469,591
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$896,169

Purchase Details

Closed on
Feb 15, 2019
Sold by
Derian Michael R and Derian Rina
Bought by
Derian Michael R and Derian Rina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Outstanding Balance
$469,591
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$896,169

Purchase Details

Closed on
Sep 20, 2016
Sold by
Scher David
Bought by
Derian Michael R and Derian Rina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Sold by
Scher Elsie A
Bought by
Scher David

Purchase Details

Closed on
Jan 31, 2004
Sold by
Scher Elsie Alice
Bought by
Elsie A Scher Living Trust

Purchase Details

Closed on
Dec 27, 2002
Sold by
Scher Elsie Alice
Bought by
Scher Elsie Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving
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

Date Buyer Sale Price Title Company
Derian Michael R -- Chicago Title
Derian Michael R -- Chicago Title Company
Derian Michael R $825,000 Provident Title Company
Scher David $53,000 None Available
Scher Elsie A -- None Available
Elsie A Scher Living Trust -- --
Scher Elsie Alice -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derian Michael R $529,000
Closed Derian Michael R $618,750
Previous Owner Scher Elsie Alice $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2017 06/26/17 Rented $3,405 +0.3% --
06/12/2017 06/12/17 Price Changed $3,395 -8.1% $3 / Sq Ft
05/26/2017 05/26/17 For Rent $3,695 -- --
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 $10,615 $957,477 $522,260 $435,217
2024 $10,615 $938,704 $512,020 $426,684
2023 $10,503 $920,299 $501,981 $418,318
2022 $10,029 $902,255 $492,139 $410,116
2021 $9,987 $884,565 $482,490 $402,075
2019 $9,584 $858,330 $468,180 $390,150
2018 $9,448 $841,500 $459,000 $382,500
2016 $904 $69,123 $26,899 $42,224
2015 $888 $68,085 $26,495 $41,590
2014 $901 $66,752 $25,976 $40,776
Source: Public Records

Agents Affiliated with this Home

  • Omar Bardumyan

    Landlord's Agent in 2017

    Omar Bardumyan

    Keller Williams Real Estate Services

    (818) 600-1787

    42 Total Sales

    Omar Bardumyan
    Section Image
  • Natalie Reichman

    Tenant's Agent in 2017

    Natalie Reichman

    Rodeo Realty - Pacific Palisades

    (310) 780-3739

    4 Total Sales

    Natalie Reichman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17118179

California Regional Multiple Listing Service (CRMLS)

APN: 2480-024-019

California Los Angeles County Burbank 91505 Magnolia Park

609 N Fairview St, Burbank, CA

Not Listed for Sale

MultiFamily

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