610 N Niagara St Burbank, CA 91505
Magnolia Park Neighborhood
5
Beds
3
Baths
2,518
Sq Ft
5,869
Sq Ft Lot
Highlights
- Wood Flooring
- Home Security System
- Forced Air Heating and Cooling System
- Dolores Huerta Middle School Rated A-
- Laundry Room
- Wood Fence
About This Home
As of July 2014PRICE REDUCED!!!!! PROPERTY ALREADY APPRAISED FOR $800,000. Duplex completely remodeled in 2007. No costs were spared on this one! 400+ sq ft addition and full rehab that included: new roof, new windows, new stucco, copper plumbing, electrical upgrade, new water heater, remodeled kitchens and bathrooms (for both units), new engineered wood floors, and much more. This property in nestled in one of the finest residential locations in Burbank. It's convenient location offers immediate access to freeways, schools, and shopping amenities. This property is great for the owner occupant or investor alike. YOU WILL LOVE THIS HOME!!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,642
Year Built
- Built in 1943
Lot Details
- 5,869 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Density is up to 1 Unit/Acre
- On-Hand Building Permits
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Property Attached
- Additions or Alterations
- Combination Foundation
- Composition Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 2,518 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Wood Flooring
- Gas Range
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Home Security
- Home Security System
- Fire and Smoke Detector
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tax Lot 35
- Tax Tract Number 13123
- Assessor Parcel Number 2479015013
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $1,200
- Water Sewer Expense $1,560
- New Taxes Expense $7,064
- Gross Income $4,000
- Net Operating Income $38,176
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2020
Closed on
Oct 1, 2020
Sold by
Assadi Farrah P
Bought by
Assadi Farrah P and Nejad Ario
Seller's Agent
Ana Tobo
Pinnacle Estate Properties, Inc.
Buyer's Agent
Ana Tobo
Pinnacle Estate Properties, Inc.
Sold Price
$2,800
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
$1,416,985
Original Mortgage
$805,000
Outstanding Balance
$593,104
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$826,681
Purchase Details
Closed on
Aug 9, 2017
Sold by
Assadi Farrah P and Nejad Ario
Bought by
Assadi Farrah P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,500
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 9, 2014
Closed on
May 9, 2014
Sold by
Yousefzadeh Polin
Bought by
Assadi Farrah P
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Ana Tobo
Pinnacle Estate Properties, Inc.
List Price
$849,000
Sold Price
$800,000
Premium/Discount to List
-$49,000
-5.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$732,600
Interest Rate
4.09%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 25, 2009
Sold by
Olukanni Donatus
Bought by
Yousefzadeh Polin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,913
Interest Rate
5%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 30, 2006
Sold by
Gaynor Jerry and Gaynor Michael
Bought by
Olukanni Donatus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.33%
Mortgage Type
Stand Alone Second
Similar Homes in Burbank, CA
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Advantage Title Llc | |
| Grant Deed | $800,000 | North American Title Company | |
| Grant Deed | $600,000 | Fidelity National Title Co | |
| Grant Deed | $750,000 | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $805,000 | New Conventional | |
| Closed | $685,500 | New Conventional | |
| Previous Owner | $732,600 | FHA | |
| Previous Owner | $579,913 | FHA | |
| Previous Owner | $112,500 | Stand Alone Second | |
| Previous Owner | $600,000 | Negative Amortization |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2020 08/23/20 | Rented | $2,800 | 0.0% | -- |
| 07/13/2020 07/13/20 | For Rent | $2,800 | +14.3% | -- |
| 10/26/2017 10/26/17 | Rented | $2,450 | 0.0% | -- |
| 10/26/2017 10/26/17 | Under Contract | -- | -- | -- |
| 10/08/2017 10/08/17 | For Rent | $2,450 | +22.5% | -- |
| 08/15/2015 08/15/15 | Rented | $2,000 | -13.0% | -- |
| 07/26/2015 07/26/15 | Under Contract | -- | -- | -- |
| 05/02/2015 05/02/15 | For Rent | $2,300 | +15.3% | -- |
| 12/01/2014 12/01/14 | Rented | $1,995 | 0.0% | -- |
| 11/22/2014 11/22/14 | Under Contract | -- | -- | -- |
| 10/11/2014 10/11/14 | For Rent | $1,995 | 0.0% | -- |
| 07/03/2014 07/03/14 | Sold | $800,000 | -5.8% | $318 / Sq Ft |
| 06/01/2014 06/01/14 | Pending | -- | -- | -- |
| 03/09/2014 03/09/14 | For Sale | $849,000 | -- | $337 / 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 |
|---|---|---|---|---|
| 2024 | $10,642 | $942,622 | $565,573 | $377,049 |
| 2023 | $10,529 | $924,140 | $554,484 | $369,656 |
| 2022 | $10,053 | $906,020 | $543,612 | $362,408 |
| 2021 | $10,011 | $888,255 | $532,953 | $355,302 |
| 2019 | $9,607 | $861,911 | $517,147 | $344,764 |
| 2018 | $9,487 | $845,011 | $507,007 | $338,004 |
| 2016 | $9,007 | $812,200 | $487,320 | $324,880 |
| 2015 | $8,824 | $800,000 | $480,000 | $320,000 |
| 2014 | $7,123 | $631,792 | $473,845 | $157,947 |
Source: Public Records
Agents Affiliated with this Home
-
Ana Tobo
A
Seller's Agent in 2020
Ana Tobo
Pinnacle Estate Properties, Inc.
(818) 361-7027
20 Total Sales
-
Jamie Durity
Seller's Agent in 2014
Jamie Durity
eXp Realty
(888) 584-9427
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS14048382
APN: 2479-015-013
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