NOT LISTED FOR SALE

624 N Whitnall Hwy Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,501,000 - $1,826,155

6 Beds
6 Baths
2,592 Sq Ft
$651/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $1,120,000 $432 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,590/month

56 Days on Market

Highlights

  • Park or Greenbelt View
  • Dolores Huerta Middle School Rated A-
  • Level Lot

About This Home

As of December 2016

A great Magnolia Park location for these 4 units. The mix is one house, two 2 bedroom units and a single. The 2 bedroom house in the front of the property has no common walls, a lovely private front yard and it's own private garage with extra parking in a large driveway. The 2 bedroom units are both upstairs above the other 4 garage spaces and have 1.5 baths each. The single has a private entry close to the pedestrian garage doors and patio. There is an extra uncovered parking space in the rear. All units have separate gas and electric meters. There is no rent control for this Burbank 4plex and the current rents are low.

Last Agent to Sell the Property

Jim Cromie

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01091291 Listed on: 07/20/2016

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Last Buyer's Agent

John Schafer

Keller Williams Realty World Media Center License #01126961

Keller Williams Realty World Media Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,192

Year Built

  • Built in 1938

Lot Details

  • 6,112 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,592 Sq Ft Home
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 123
  • Tax Tract Number 9666
  • Assessor Parcel Number 2480018022

Community Details

Overview

  • 2 Buildings
  • 624 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,192

Year Built

Built in 1938

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 2480018022
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 432.10

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6112.00
  • Price Per Lot Square Foot: 188.15

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4725.00
  • Gross Scheduled Income: 56700.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 624
  • Rent Control: No
  • Total Actual Rent: 4725.00

Tax Info

  • Tax Lot: 123
  • Tax Tract Number: 9666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Schafer Ken Craig and Schafer Cynthia Anne
Bought by
624 North Whitnall Highway Llc
Current Estimated Value
$1,688,289

Purchase Details

Listed on
Jul 20, 2016
Closed on
Dec 19, 2016
Sold by
Schafer Ken and Schafer Cynthia
Bought by
Schafer Ken Craig and Schafer Cynthia Anne
Seller's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
John Schafer
Keller Williams Realty World Media Center
List Price
$1,199,000
Sold Price
$1,120,000
Premium/Discount to List
-$79,000
-6.59%

Purchase Details

Listed on
Jul 20, 2016
Closed on
Oct 26, 2016
Sold by
Castleberry Terry L
Bought by
Castleberry Terry L
Seller's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
John Schafer
Keller Williams Realty World Media Center
List Price
$1,199,000
Sold Price
$1,120,000
Premium/Discount to List
-$79,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2016
Sold by
Hammond Dawn L and Castleberry Terry L
Bought by
Schafer Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2016
Sold by
Honaker Nola R and Hammond Dawn L
Bought by
Hammond Dawn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Honaker James R and Honaker Nola R
Bought by
Hammond Dawn L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
624 North Whitnall Highway Llc -- None Available
Schafer Ken Craig -- None Available
Castleberry Terry L -- Chicago Title Co
Schafer Ken $1,120,000 Chicago Title Co
Hammond Dawn L -- Chicago Title Co
Hammond Dawn L -- Chicago Title Company
Hammond Dawn L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schafer Ken $784,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $1,120,000 -2.6% $432 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
09/11/2016 09/11/16 Price Changed $1,150,000 -2.1% $444 / Sq Ft
08/15/2016 08/15/16 Price Changed $1,175,000 -2.0% $453 / Sq Ft
07/20/2016 07/20/16 For Sale $1,199,000 -- $463 / 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 $15,192 $1,376,003 $777,589 $598,414
2024 $15,192 $1,349,024 $762,343 $586,681
2023 $15,031 $1,322,574 $747,396 $575,178
2022 $14,351 $1,296,642 $732,742 $563,900
2021 $14,292 $1,271,219 $718,375 $552,844
2020 $14,135 $1,258,185 $711,009 $547,176
2019 $13,715 $1,233,516 $697,068 $536,448
2018 $12,818 $1,142,400 $683,400 $459,000
2016 $3,668 $317,915 $149,703 $168,212
2015 $3,597 $313,141 $147,455 $165,686
2014 $3,612 $307,008 $144,567 $162,441
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Cromie

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    (818) 845-8322

    2 in this area

    13 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    John Schafer

    Keller Williams Realty World Media Center

    (818) 239-3500

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16158642

California Regional Multiple Listing Service (CRMLS)

APN: 2480-018-022

California Los Angeles County Burbank 91505 Magnolia Park

624 N Whitnall Hwy, Burbank, CA

This home is located at 624 N Whitnall Hwy, Burbank, CA 91505 since 20 July 2016 and is currently estimated at $1,688,289, approximately $651 per square foot. This property was built in 1938. 624 N Whitnall Hwy is a home located in Los Angeles County with nearby schools including Dolores Huerta Middle School, John Burroughs High School, and Burbank Montessori Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

Nearby Homes