NOT LISTED FOR SALE

631 E Magnolia Blvd Unit 103 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $757,000 - $847,000

2 Beds
3 Baths
1,200 Sq Ft
$673/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $680,500 $567 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,171/month

9 Days on Market

Highlights

  • Gated Parking
  • Mountain View
  • Patio
  • Ralph Emerson Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Laundry Room

About This Home

As of May 2021

Luxury Townhouse in a premium location of Burbank, right below Kenneth Road and Burbank Hills! This gorgeous unit is only 14 years old! This is a must see! The property has been professionally staged and you will love it!! Over $5,000 just spent on recent remodeling including new paint and new light fixtures!! Features include 2 Bedroom, 3 bathrooms, kitchen with stainless steel appliances and granite counter tops, formal dining room, living room with fireplace, dream master suite with walk in closet, laundry area, central heat and air, vaulted ceilings, crown moldings, balcony, and 2 side by side parking spaces with direct access!!!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 04/20/2021

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $279 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Interior Spaces

  • 1,200 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • 10 Units
  • East Magnolia Ten Association, Phone Number (818) 369-7436
  • Spectra Associates Inc HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 65892
  • Assessor Parcel Number 2455034068

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

HOA Fees

$279 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR4*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2455034068
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Below
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 567.08
  • Room Type: Entry, Formal Entry, Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage, Garage Door Opener, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 279.00
  • Association Fee Frequency: Monthly
  • Association Name: East Magnolia Ten
  • Phone: 818-369-7436
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Spectra Associates Inc

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 10008.00
  • Lot Size Acres: 0.2298

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10008.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 1
  • Tax Tract Number: 65892

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Han Steve Sekwang and Lee Esther
Bought by
Han Steve Sekwang and Lee Esther
Current Estimated Value
$807,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$317,993
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$489,032

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jul 5, 2018
Sold by
Nersisyan Samvel
Bought by
Han Se Kwang and Lee Esther
Seller's Agent
Jack Kerimian
Tangible Realty
Buyer's Agent
Gene Lee
Buen US Group,, Inc.
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$541,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
631 East Magnolia Llc
Bought by
Nersisyan Samvel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Han Steve Sekwang -- American Coast Title Company
Han Se Kwang $570,000 Chicago Title Company
Nersisyan Samvel $465,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Steve Sekwang $465,000
Closed Han Se Kwang $541,500
Previous Owner Nersisyan Samvel $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2021 05/19/21 Sold $680,500 -1.4% $567 / Sq Ft
05/01/2021 05/01/21 Price Changed $689,986 +6.2% $575 / Sq Ft
04/20/2021 04/20/21 For Sale $649,946 +14.0% $542 / Sq Ft
07/18/2018 07/18/18 Sold $570,000 -4.8% $475 / Sq Ft View Prior Sale
06/18/2018 06/18/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $599,000 -- $499 / 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 $8,071 $736,592 $490,449 $246,143
2024 $8,071 $722,150 $480,833 $241,317
2023 $7,985 $707,991 $471,405 $236,586
2022 $7,619 $694,110 $462,162 $231,948
2021 $6,493 $587,423 $372,550 $214,873
2020 $6,420 $581,400 $368,730 $212,670
2019 $6,226 $570,000 $361,500 $208,500
2018 $6,014 $536,791 $161,612 $375,179
2017 $5,892 $526,267 $158,444 $367,823
2016 $5,715 $515,949 $155,338 $360,611
2015 $5,598 $508,200 $153,005 $355,195
2014 $5,306 $473,000 $142,300 $330,700
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2021

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    42 in this area

    354 Total Sales

    Brad Korb
    Section Image

  • J

    Seller's Agent in 2018

    Jack Kerimian

    Tangible Realty

    Section Image

  • G

    Buyer's Agent in 2018

    Gene Lee

    Buen US Group,, Inc.

    (714) 345-3550

    9 Total Sales

    Gene Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21033834

California Regional Multiple Listing Service (CRMLS)

APN: 2455-034-068

California Los Angeles County Burbank 91501 Hillside District

631 E Magnolia Blvd Unit 103, Burbank, CA

Not Listed for Sale

Townhouses

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