NOT LISTED FOR SALE

Estimated Value: $2,548,000 - $3,273,000

4 Beds
3 Baths
3,420 Sq Ft
$835/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $2,000,000 $585 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $17,052/month

104 Days on Market

Highlights

  • Detached Guest House
  • Equestrian Center
  • In Ground Pool
  • William McKinley Elementary School Rated A-
  • Barn or Stable
  • 13,385 Sq Ft lot

About This Home

As of February 2020

Rare opportunity to own this spectacular post and beam architectural home. Situated on an over 13,000 sq. ft. lot, this is a unique double lot offering in Burbank's highly desirable "Rancho Equestrian" neighborhood. The home is quite spacious with almost 3,500 sq. ft. of living space comprised of 4 beds and 3 baths. A large living room with stone fireplace, walls of windows and majestic tree welcomes you into the main area of the home. Formal Dining room with fireplace and large kitchen along with a sunken den. The spacious master bedroom offers a large bathtub, fireplace and private patio overlooking the sparkling pool and large back garden. A fabulous two story guesthouse with fireplace, peek boo window into the pool and sun deck are also contained on this beautiful property. Additionally, there is a 2 stall horse barn, tack room and separate office space. Fabulous chance to own one of the larger properties in the "Rancho".

Last Agent to Sell the Property

Bryan Neyer

Coldwell Banker Realty License #01981142 Listed on: 11/12/2019

Coldwell Banker Realty

Last Buyer's Agent

Bryan Neyer

Coldwell Banker Realty License #01981142 Listed on: 11/12/2019

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,054

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Property is zoned BUR1HY

Home Design

  • Post Modern Architecture

Interior Spaces

  • 3,420 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Carport

Pool

  • In Ground Pool
  • Spa
  • Waterfall Pool Feature

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property
  • Tack Room

Additional Features

  • Barn or Stable
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2443-018-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,054

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Post Modern
  • Street Number Display: Yes
  • Living Area: 3420
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Guest House, Kitchen, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Ice Maker, Range/Oven, Refrigerator
  • Price Per S Q F T: 496.78

Exterior Features

  • Other Structures: Barn/Stable, GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: In Ground, Waterfall
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Carport, Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Community Features: Equestrian Center

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 2443-018-008
  • Geocode Override: No
  • Lot Size Area: 13385

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Feb 14, 2020
Sold by
Morrison Lorraine Reeves
Bought by
Cbc Holding Company Llc
Seller's Agent
Bryan Neyer
Coldwell Banker Realty
Buyer's Agent
Bryan Neyer
Coldwell Banker Realty
List Price
$1,699,000
Sold Price
$2,000,000
Premium/Discount to List
$301,000
17.72%
Current Estimated Value
$2,854,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$854,966
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Oct 10, 2019
Sold by
Singerman Robert and Elliott Family Trust
Bought by
Morrison Lorraine Reeves

Purchase Details

Closed on
Jun 3, 2005
Sold by
Elliott Barbara D
Bought by
Elliott Barbara and Elliott Family Trust 2003

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
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 17, 2004
Sold by
Elliott Barbara D
Bought by
Elliott Barbara and Elliott Family Trust 2003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 27, 2004
Sold by
Elliott Barbara D
Bought by
Elliott Barbara and Elliott Family Trust 2003

Purchase Details

Closed on
Jun 24, 1994
Sold by
Singerman Bernard L
Bought by
Elliott Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cbc Holding Company Llc $2,000,000 Equity Title Company
Morrison Lorraine Reeves -- Accommodation
Elliott Barbara -- --
Elliott Barbara D -- Landsafe Title Of California
Elliott Barbara -- Landsafe Title Of California
Elliott Barbara D -- Landsafe Title Of California
Elliott Barbara -- --
Elliott Barbara D -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Barbara D $200,000
Previous Owner Elliott Barbara D $725,000
Previous Owner Elliott Barbara D $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $2,000,000 0.0% $585 / Sq Ft
11/15/2019 11/15/19 Off Market $2,000,000 -- --
11/12/2019 11/12/19 For Sale $1,699,000 -- $497 / 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 $24,054 $2,339,907 $1,391,334 $948,573
2024 $24,054 $2,144,399 $1,364,053 $780,346
2023 $23,798 $2,102,353 $1,337,307 $765,046
2022 $22,721 $2,061,132 $1,311,086 $750,046
2021 $22,637 $2,020,719 $1,285,379 $735,340
2020 $2,587 $199,470 $77,541 $121,929
2019 $2,521 $195,560 $76,021 $119,539
2018 $2,324 $191,727 $74,531 $117,196
2016 $2,169 $184,285 $71,638 $112,647
2015 $2,128 $181,517 $70,562 $110,955
2014 $2,133 $177,962 $69,180 $108,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-529290

The MLS

APN: 2443-018-008