NOT LISTED FOR SALE

622 E Palm Ave Unit G Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $713,000 - $935,000

2 Beds
3 Baths
1,152 Sq Ft
$360/mo HOA Fee

Last Sold September 20, 2019

Last sale price $555,000 $482 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,044/month

82 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Built-In Features
  • Ralph Emerson Elementary School Rated A-
  • Living Room with Fireplace
  • Laundry Room

About This Home

As of September 2019

Welcome Home! This property is centrally located in prime Burbank location. The home has been remodeled with recessed lighting, new flooring and updated bathrooms and kitchen. This turnkey home features a gas burning fireplace and built in brand new microwave. The home is move in ready and great for first time home buyers and families looking for a great location and a great price!

Last Agent to Sell the Property

Taylor Schwartz

Agents of LA Inc. License #01988428 Listed on: 06/01/2019

Co-Listed By

Tai Savetsila

Agents of LA Inc. License #01372314

Last Buyer's Agent

Minas Mike Boyajyan

MBE Realty, Inc. License #01783567

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,674

Year Built

  • Built in 1978

Lot Details

  • 7,405

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Gated Parking

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2455-026-031

Community Details

Overview

  • 8 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,674

Year Built

Built in 1978

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Villa Palm Condominium HOA
  • Entry Floor: 1
  • Living Area: 1152
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1978
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 519.97

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Gated Underground

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 360.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2455-026-031
  • Geocode Override: No
  • Lot Size Area: 7562

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Sep 17, 2019
Sold by
Pourmola Ali
Bought by
Bakalian Levon
Seller's Agent
Taylor Schwartz
Agents of LA Inc.
Buyer's Agent
Minas Mike Boyajyan
MBE Realty, Inc.
List Price
$629,000
Sold Price
$555,000
Premium/Discount to List
-$74,000
-11.76%
Current Estimated Value
$781,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,055
Avg. Annual Appreciation
5.78%
Original Mortgage
$444,000
Outstanding Balance
$388,910
Interest Rate
3.6%
Estimated Equity
$392,146

Purchase Details

Closed on
Oct 12, 2011
Sold by
Shah Zara
Bought by
Pourmola Ali

Purchase Details

Closed on
Jun 26, 2001
Sold by
Wright Lester
Bought by
Shah Zara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2001
Sold by
Dufford Donald Eugene
Bought by
Wright Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.98%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Bakalian Levon $555,000 Pacific Coast Title Company
Pourmola Ali $242,000 Fidelity National Title Co
Shah Zara -- American Title
Wright Lester $200,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakalian Levon $444,000
Previous Owner Shah Zara $160,000
Previous Owner Wright Lester $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $555,000 -7.3% $482 / Sq Ft
07/18/2019 07/18/19 Price Changed $599,000 -4.8% $520 / Sq Ft
06/01/2019 06/01/19 For Sale $629,000 -- $546 / Sq Ft
Source: The MLS

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 $6,674 $606,969 $423,567 $183,402
2024 $6,674 $595,068 $415,262 $179,806
2023 $6,603 $583,401 $407,120 $176,281
2022 $6,301 $571,963 $399,138 $172,825
2021 $6,276 $560,749 $391,312 $169,437
2019 $3,077 $272,483 $113,609 $158,874
2018 $3,047 $267,141 $111,382 $155,759
2016 $2,886 $256,769 $107,058 $149,711
2015 $2,828 $252,913 $105,450 $147,463
2014 $2,825 $247,960 $103,385 $144,575
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Taylor Schwartz

    Agents of LA Inc.

    Section Image
  • Tai Savetsila

    Seller Co-Listing Agent in 2019

    Tai Savetsila

    Agents of LA Inc.

    (310) 513-5000

    16 Total Sales

    Tai Savetsila
    Section Image
  • Minas Mike Boyajyan

    Buyer's Agent in 2019

    Minas Mike Boyajyan

    MBE Realty, Inc.

    (310) 480-5050

    2 in this area

    63 Total Sales

    Minas Mike Boyajyan
    Section Image
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Map

Source: The MLS

MLS Number: 19-472974

The MLS

APN: 2455-026-031

California Los Angeles County Burbank 91501 Hillside District

622 E Palm Ave Unit G, Burbank, CA

This home is located at 622 E Palm Ave Unit G, Burbank, CA 91501 since 01 June 2019 and is currently estimated at $781,055, approximately $677 per square foot. This property was built in 1978. 622 E Palm Ave Unit G is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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