NOT LISTED FOR SALE

630 E Cedar Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,235,000 - $1,542,000

5 Beds
5 Baths
2,821 Sq Ft
$485/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $480,000 $170 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $7,910/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Joaquin Miller Elementary School Rated A-
  • No Heating

About This Home

As of November 2012

Property has 3 units, front unit is 3 bedrooms and 2.5 bath. 2nd unit is one bedroom and one bath, it needs a lot of work and it is vacant. third unit it's a studio with one bath.

Last Agent to Sell the Property

Waleska Zelaya

Cornerstone Real Estate Group License #01809301 Listed on: 07/16/2012

Last Buyer's Agent

Meroojohn Ordubejian

Westgate Capital License #01064157

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 7,650

Parking

  • 3 Parking Spaces

Home Design

  • 2,821 Sq Ft Home
  • Traditional Architecture
  • Stucco

Additional Features

  • 7,650 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 2529
  • Assessor Parcel Number 5621020009

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $3,500
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.85
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5621020009
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 170.15

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7650.00
  • Lot Size Acres: 0.1760

Multi Family

  • Gross Income: 3500.00
  • Gross Multiplier: 11.19
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 7650.0000 Square Feet
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 38000.00

Tax Info

  • Tax Area: 2530
  • Tax Lot: 24
  • Tax Tract Number: 2529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2013
Sold by
Azizian Vanik
Bought by
Avetisyan Akop
Current Estimated Value
$1,368,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$444,773
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$923,428

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 23, 2012
Sold by
Sety Henrik
Bought by
Azizian Venik
Seller's Agent
Waleska Zelaya
Cornerstone Real Estate Group
Buyer's Agent
Meroojohn Ordubejian
Westgate Capital
List Price
$470,000
Sold Price
$480,000
Premium/Discount to List
$10,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$290,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2009
Sold by
Sarkissian Alina
Bought by
Sety Henrik

Purchase Details

Closed on
Jun 17, 2005
Sold by
Feuer Roland and Feuer Joy C
Bought by
Sety Henrik and Sarkissians Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 1996
Sold by
Feuer Roland and Pierce Joy C
Bought by
Feuer Roland and Feuer Joy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Avetisyan Akop $625,006 None Available
Azizian Venik $480,004 Title 365
Sety Henrik -- Accommodation
Sety Henrik $870,000 Chicago Title Co
Feuer Roland -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avetisyan Akop $600,000
Previous Owner Azizian Venik $290,000
Previous Owner Sety Henrik $87,000
Previous Owner Sety Henrik $696,000
Previous Owner Feuer Roland $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $480,000 +2.1% $170 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $470,000 -- $167 / 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 $8,637 $766,153 $459,692 $306,461
2024 $8,637 $751,131 $450,679 $300,452
2023 $8,547 $736,404 $441,843 $294,561
2022 $8,165 $721,966 $433,180 $288,786
2021 $8,123 $707,811 $424,687 $283,124
2020 $8,034 $700,554 $420,333 $280,221
2019 $7,800 $686,819 $412,092 $274,727
2018 $7,669 $673,353 $404,012 $269,341
2016 $7,269 $647,208 $388,325 $258,883
2015 $7,124 $637,487 $382,492 $254,995
2014 $7,118 $625,000 $375,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Waleska Zelaya

    Cornerstone Real Estate Group

  • M

    Buyer's Agent in 2012

    Meroojohn Ordubejian

    Westgate Capital

    (818) 500-7997

    1 in this area

    19 Total Sales

    Meroojohn Ordubejian
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P828795

California Regional Multiple Listing Service (CRMLS)

APN: 5621-020-009

California Los Angeles County Burbank 91501 Hillside District

630 E Cedar Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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