$1,020,000
SOLD OCT 23, 2024
2 Beds
1 Bath
1,038 Sq Ft
5,818 Sq Ft Lot

Recently Sold

$983 Per Sq Ft

3% Above List Price

Highlights

  • Main Floor Bedroom
  • No HOA
  • Living Room
  • Joaquin Miller Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Joaquin Miller Park

About This Home

As of October 2024

Discover the perfect canvas for your dream home at 620 E Elmwood Avenue in the highly desirable neighborhood of Burbank, just above Glenoaks Blvd. This 2-bedroom, 1-bathroom residence offers 1,038 sq ft of living space on a generous 5,818 sq ft lot, brimming with potential.

The home presents an exciting opportunity for those with a vision. With its original features and layout, this property is ready for a remodel, allowing you to design and customize every detail to your taste and needs.

The detached 3-car garage adds significant value, offering the potential for conversion into an Accessory Dwelling Unit (ADU). Whether you’re looking to create a guest suite, rental unit, or a creative studio, this space provides endless possibilities.

Step outside to a charming backyard where a large avocado tree and an array of beautiful roses set the scene for relaxation and outdoor enjoyment. This private retreat is perfect for gardening enthusiasts or those who simply want a serene escape.

Located in a highly sought-after area, this property combines a prime location with great potential. Embrace the opportunity to transform this house into your ideal home. Schedule a visit today and let your imagination run wild with the possibilities!

Last Agent to Sell the Property

Narek Karamian

NextHome Grandview Brokerage Phone: 818-221-7901 License #02190354 Listed on: 08/19/2024

NextHome Grandview

Last Buyer's Agent

Narek Karamian

NextHome Grandview Brokerage Phone: 818-221-7901 License #02190354 Listed on: 08/19/2024

NextHome Grandview

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,691

Year Built

  • Built in 1938

Lot Details

  • 5,818 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned BUR1*

Parking

  • 3 Car Garage

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 9277
  • Assessor Parcel Number 5621017005
  • $203 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,691

Year Built

Built in 1938

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: BUR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5621017005
  • Year Built: 1938
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1038.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 982.66
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5818.00
  • Lot Size Acres: 0.1336

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5818.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3107.03
  • Tax Lot: 17
  • Tax Tract Number: 9277
  • TaxOtherAnnualAssessmentAmount: 203.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 21, 2024
Sold by
Keshishyan Christine G
Bought by
Keshishyan Hamlet R
Seller's Agent
Narek Karamian
NextHome Grandview
Buyer's Agent
Narek Karamian
NextHome Grandview
List Price
$989,000
Sold Price
$1,020,000
Premium/Discount to List
$31,000
3.13%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.59%
Original Mortgage
$765,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 3, 2024
Sold by
Mary J Hernandez Trust and Hernandez Mary J
Bought by
Keshishyan Hamlet R
Seller's Agent
Narek Karamian
NextHome Grandview
Buyer's Agent
Narek Karamian
NextHome Grandview
List Price
$989,000
Sold Price
$1,020,000
Premium/Discount to List
$31,000
3.13%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2018
Sold by
Hernandez Mary J
Bought by
Hernandez Mary J and Mary J Hernandez Trust

Purchase Details

Closed on
Apr 20, 2017
Sold by
Hernandez Mary J
Bought by
Hernandez Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,300
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Stewart Title Of California In
Grant Deed $1,020,000 Stewart Title Of California In
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Corinthian Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $765,000 New Conventional
Previous Owner $128,300 New Conventional
Previous Owner $160,000 Fannie Mae Freddie Mac
Previous Owner $91,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,399,000 +37.2% $1,348 / Sq Ft
10/23/2024 10/23/24 Sold $1,020,000 +3.1% $983 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $989,000 -- $953 / 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
2024 $1,691 $142,641 $65,884 $76,757
2023 $1,674 $139,845 $64,593 $75,252
2022 $1,599 $137,104 $63,327 $73,777
2021 $1,586 $134,417 $62,086 $72,331
2019 $1,524 $130,433 $60,246 $70,187
2018 $1,450 $127,876 $59,065 $68,811
2016 $1,364 $122,912 $56,772 $66,140
2015 $1,337 $121,067 $55,920 $65,147
2014 $1,341 $118,696 $54,825 $63,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24166664

California Regional Multiple Listing Service (CRMLS)

APN: 5621-017-005