NOT LISTED FOR SALE

Estimated Value: $965,000 - $1,052,000

3 Beds
3 Baths
1,753 Sq Ft
$248/mo HOA Fee

Last Sold March 15, 2021

Last sale price $840,000 $479 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,413/month

132 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • High Ceiling
  • Ralph Emerson Elementary School Rated A-
  • Living Room with Attached Deck
  • Furnished

About This Home

As of March 2021

First time on the market since built in 2003. This unit is the face of the building, both balcony's, downstairs and upstairs, are facing Olive Ave. The unit has 1753 sq ft of living space with 3 bed/3 bath and 3 parking spaces. Large living room and powder room on main level. All bedrooms are up stairs and have walk-in closets. Your own rooftop patio provides for outdoor space with sitting and mountain views. Situated north of Glenoaks Blvd. on a beautiful tree lined Olive Ave. in Burbank. Minutes from Burbank downtown village where it's all happenin', great restaurants and shopping, Burbank Town Center and more.

Last Agent to Sell the Property

Anri Melikjanian

Equity Union License #02034482 Listed on: 09/16/2020

Equity Union

Last Buyer's Agent

Rina Sofoian

Markarian Realty License #02095727

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • 6,835

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Property Views

  • Woods
  • Mountain
  • Hills

Home Design

  • Stucco

Interior Spaces

  • 1,753 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Upgraded Bathroom
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Walk-in Shower

Home Security

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors swing in
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 0253
  • Tax Tract Number 54024
  • Assessor Parcel Number 2455023075

Community Details

Overview

  • 6 Units
  • Nelli Muradyan Association, Phone Number (818) 293-8956
  • Rne Management HOA

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0

HOA Fees

$248 per month

Parking

3

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Ad Number: 818-272-0509
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455023075
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1753.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Furnished, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage
  • Common Walls: 1 Common Wall
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 479.18
  • Room Type: Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Shower, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • View: Hills, Mountain(s), Trees/Woods
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Sewer, Water, Call for Rules
  • Association Fee: 248.00
  • Association Fee Frequency: Monthly
  • Association Name: Nelli Muradyan
  • Phone: 818-293-8956
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: RNE Management

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6835.00
  • Lot Size Acres: 0.1569

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6835.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 0253
  • Tax Tract Number: 54024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Pogosian David
Bought by
David Pogosian Revocable Living Trust and Pogosian
Current Estimated Value
$1,014,176

Purchase Details

Listed on
Sep 16, 2020
Closed on
Feb 24, 2021
Sold by
Akhverdyan Naira
Bought by
Agaronian Alexander and Akhverdyan Naira
Seller's Agent
Anri Melikjanian
Equity Union
Buyer's Agent
Rina Sofoian
Markarian Realty
List Price
$899,000
Sold Price
$840,000
Premium/Discount to List
-$59,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Agar Ochan Alexander
Bought by
Akhverdyan Naira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 8, 2004
Sold by
Olive Holding Co Llc
Bought by
Agaronian Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
David Pogosian Revocable Living Trust -- Gorginian Sevan
Agaronian Alexander -- Lawyers Title
Akhverdyan Naira $685,000 United Title Company Westlak
Agaronian Alexander $449,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akhverdyan Naira $548,000
Previous Owner Agaronian Alexander $359,000
Closed Agaronian Alexander $44,000
Closed Akhverdyan Naira $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $840,000 -4.0% $479 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/01/2020 12/01/20 Price Changed $874,900 -2.7% $499 / Sq Ft
11/07/2020 11/07/20 For Sale $899,000 +7.0% $513 / Sq Ft
10/13/2020 10/13/20 Off Market $840,000 -- --
10/10/2020 10/10/20 For Sale $899,000 +7.0% $513 / Sq Ft
10/10/2020 10/10/20 Off Market $840,000 -- --
09/16/2020 09/16/20 For Sale $899,000 -- $513 / 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
2025 $10,211 $909,240 $571,631 $337,609
2024 $9,895 $891,413 $560,423 $330,990
2023 $9,788 $873,935 $549,435 $324,500
2022 $9,340 $856,800 $538,662 $318,138
2021 $8,928 $806,000 $549,000 $257,000
2020 $8,141 $735,000 $501,000 $234,000
2019 $8,052 $735,000 $501,000 $234,000
2018 $7,486 $674,000 $459,000 $215,000
2016 $7,104 $648,000 $441,700 $206,300
2015 $6,337 $581,000 $396,000 $185,000
2014 $6,234 $562,000 $383,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20192973

California Regional Multiple Listing Service (CRMLS)

APN: 2455-023-075