NOT LISTED FOR SALE

624 N Reese Place Burbank, CA 91506

Chandler Park Neighborhood

Estimated Value: $1,316,261 - $1,440,000

2 Beds
2 Baths
1,445 Sq Ft
$951/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $828,000 $573 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,089/month

8 Days on Market

Highlights

  • Spa
  • Living Room with Fireplace
  • Tudor Architecture
  • Walt Disney Elementary School Rated A
  • Wood Flooring
  • Detached Garage

About This Home

As of May 2016

Charming Tudor-style home in prime Burbank location with updates from top to bottom! Move-in ready! Almost everything in this house has been updated to provide the owner with a modern style of living in this mid 20th century home from copper plumbing, brand-new windows, updated alarm system (iOS ready) to new shutters and roof. This home features Brazilian walnut floors, new crown molding and a classic double sided brick Tudor-style fireplace. The beautiful gourmet kitchen includes granite counter tops, custom maple cabinets, and stainless steel appliances. This 2 bedroom and 2 bathroom estate showcases a spacious master en-suite with a walk in closet and a gorgeous hotel quality bathroom. Very large, private backyard with tons of green grass to enjoy. Do not miss this priceless opportunity to make this beautiful home your own!

Last Agent to Sell the Property

Jimmy Heckenberg

Rodeo Realty License #01910100 Listed on: 04/05/2016

Rodeo Realty

Last Buyer's Agent

Ernestine Morente

License #01426558

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,786

Year Built

  • Built in 1927

Lot Details

  • 6,475 Sq Ft Lot
  • Property is zoned BUR1YY

Parking

  • Detached Garage

Home Design

  • Tudor Architecture

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2449-029-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,786

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tudor
  • Street Number Display: Yes
  • Living Area: 1445
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 518.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2449-029-021
  • Geocode Override: No
  • Lot Size Area: 6475

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Apr 15, 2016
Sold by
Damico Brian and Damico Jean Marie
Bought by
Vorobiov Gregory and Vorobiov Katherine
Seller's Agent
Jimmy Heckenberg
Rodeo Realty
Buyer's Agent
Ernestine Morente
List Price
$749,000
Sold Price
$828,000
Premium/Discount to List
$79,000
10.55%
Current Estimated Value
$1,373,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,565
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Dec 24, 2014
Sold by
Damico Stephen
Bought by
Damico Brian and Damico Jean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2009
Sold by
Damico Mary M and Damico Mary Michelle
Bought by
Damico Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2009
Sold by
Bethanis Gale
Bought by
Damico Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2007
Sold by
Wong Rebecca I
Bought by
Bethanis Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,250
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 16, 2002
Sold by
Palmer Julie
Bought by
Wong Rebecca I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
6.22%

Purchase Details

Closed on
Sep 9, 1997
Sold by
Kennedy John R
Bought by
Palmer Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,900
Interest Rate
7.33%

Purchase Details

Closed on
Apr 18, 1995
Sold by
Bennett Jeanne Catherine
Bought by
Kennedy John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
8.51%
Source: Public Records

Range of Values:

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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
Vorobiov Gregory $828,000 Chicago Title Company
Damico Brian $575,000 First American Title Company
Damico Stephen -- California Title Company
Damico Stephen $675,000 California Title Company
Bethanis Gale $563,000 Security Union Title Company
Wong Rebecca I $332,000 Commonwealth Land Title Co
Palmer Julie $180,000 Old Republic Title
Kennedy John R $183,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Damico Brian $460,000
Previous Owner Damico Stephen $506,250
Previous Owner Bethanis Gale $422,250
Previous Owner Wong Rebecca I $265,600
Previous Owner Palmer Julie $161,900
Previous Owner Kennedy John R $138,400
Closed Kennedy John R $17,300
Closed Wong Rebecca I $32,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $828,000 +10.5% $573 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $749,000 -- $518 / 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 $10,786 $980,179 $591,896 $388,283
2024 $10,786 $960,961 $580,291 $380,670
2023 $10,671 $942,119 $568,913 $373,206
2022 $10,186 $923,647 $557,758 $365,889
2021 $10,118 $905,537 $546,822 $358,715
2019 $9,707 $878,680 $530,604 $348,076
2018 $9,600 $861,451 $520,200 $341,251
2016 $5,193 $467,015 $373,612 $93,403
2015 $5,792 $525,000 $420,000 $105,000
2014 $5,893 $525,000 $420,000 $105,000
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Heckenberg

    Seller's Agent in 2016

    Jimmy Heckenberg

    Rodeo Realty

    (310) 650-1116

    144 Total Sales

    Jimmy Heckenberg
    Section Image

  • E

    Buyer's Agent in 2016

    Ernestine Morente

See All Agents

Map

Source: The MLS

MLS Number: 16-110900

The MLS

APN: 2449-029-021

California Los Angeles County Burbank 91506 Chandler Park

624 N Reese Place, Burbank, CA

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