NOT LISTED FOR SALE

628 N Lima St Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,258,000 - $1,386,000

2 Beds
1 Bath
1,194 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $805,000 $674 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,871/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Dolores Huerta Middle School Rated A-
  • Bonus Room
  • Formal Dining Room

About This Home

As of July 2018

Hot new listing! Welcome home to this fabulous Magnolia Park between Clark and Verdugo! Entry leads to spacious living room with fireplace, bay window, formal dining room, eat-in kitchen with built-in hutch, separate laundry room. The owner states that the home has newer windows and copper plumbing. Plus owner says he put in central air-conditioning and heat and a new roof in 2012. Enjoy the large landscaped yard with a bonus building and a patio area behind the 2-car detached garage. This inviting property is conveniently located near the enjoyable Verdugo Park, Burbank schools, shops, library, restaurants, St. Joseph's Hospital, Burbank-Hollywood Airport, freeways, and nearby studios. (Note: Broker strongly recommends prospective buyers make all inspections/investigations independently to buyer's satisfaction with buyer's qualified professionals and to check with governmental/city files for all permits, square footage information and other relevant information to buyer, as brokers and seller make no guarantees or verification.)

Last Agent to Sell the Property

Candy Peak

Peak Real Estate Network License #00983698 Listed on: 05/26/2018

Last Buyer's Agent

Heather Farquhar

Equity Union License #01010047

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,892

Year Built

  • Built in 1940

Lot Details

  • 6,683 Sq Ft Lot
  • Garden
  • Back and Front Yard
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2480021021

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,892

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: BUR1YY
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2480021021
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1194.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room, In Kitchen, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 674.20
  • Room Type: Bonus Room, Entry, Living Room, Utility Room, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Patio, Patio Open, Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 6683.00
  • Lot Size Acres: 0.1534

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6683.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3115.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Gutman Jonathan Frazier and Gutman Margarita Ycoco Ballesteros
Bought by
Gutman Jonathan Frazier and Gutman Margarita Ycoco Ballesteros
Current Estimated Value
$1,329,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2018
Closed on
Jun 15, 2018
Sold by
Jue Philip
Bought by
Gutman Jonathan Frazier and Gutman Margarita Ycoco Ballesteros
Seller's Agent
Candy Peak
Peak Real Estate Network
Buyer's Agent
Heather Farquhar
Equity Union
List Price
$749,900
Sold Price
$805,000
Premium/Discount to List
$55,100
7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$644,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1995
Sold by
Jue Philip and Jue Bonnie
Bought by
Jue Philip

Purchase Details

Closed on
Jun 20, 1995
Sold by
Olsen Alonzo Y and Olsen Betty
Bought by
Jue Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.74%
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
Gutman Jonathan Frazier -- Lawyers Title Company
Gutman Jonathan Frazier $805,000 Orange Coast Title Company
Jue Philip -- --
Jue Philip $169,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutman Jonathan Frazier $649,500
Closed Gutman Jonathan Frazier $644,000
Previous Owner Jue Philip $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $805,000 +7.3% $674 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $749,900 -- $628 / 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 $9,892 $897,988 $718,392 $179,596
2024 $9,892 $880,381 $704,306 $176,075
2023 $9,787 $863,120 $690,497 $172,623
2022 $9,342 $846,197 $676,958 $169,239
2021 $9,309 $829,606 $663,685 $165,921
2019 $8,932 $805,000 $644,000 $161,000
2018 $2,910 $252,364 $174,316 $78,048
2016 $2,755 $242,567 $167,549 $75,018
2015 $2,701 $238,925 $165,033 $73,892
2014 $2,701 $234,246 $161,801 $72,445
Source: Public Records

Agents Affiliated with this Home

  • Candy Peak

    Seller's Agent in 2018

    Candy Peak

    Peak Real Estate Network

    (818) 400-8485

    3 Total Sales

    Candy Peak
    Section Image
  • Heather Farquhar

    Buyer's Agent in 2018

    Heather Farquhar

    Equity Union

    (818) 388-2743

    42 Total Sales

    Heather Farquhar
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18124982

California Regional Multiple Listing Service (CRMLS)

APN: 2480-021-021

California Los Angeles County Burbank 91505 Magnolia Park

628 N Lima St, Burbank, CA

This home is located at 628 N Lima St, Burbank, CA 91505 since 26 May 2018 and is currently estimated at $1,329,145, approximately $1,113 per square foot. This property was built in 1940. 628 N Lima St 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

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