NOT LISTED FOR SALE

631 E Magnolia Blvd Unit 106 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $780,141 - $851,000

2 Beds
2.5 Baths
1,170 Sq Ft
$309/mo HOA Fee

Last Sold February 26, 2024

Last sale price $800,000 $684 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,221/month

23 Days on Market

Highlights

  • Primary Bedroom Suite
  • Automatic Gate
  • Updated Kitchen
  • Ralph Emerson Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of February 2024

Price reduced! Location, Location, Location! With only 10 condos in the building and a low Hoa of $309/month, this stunning newer built (2007) townhome style condo is conveniently located (4 blocks) to all that Downtown Burbank has to offer. The home features new flooring, new carpet, new paint throughout, recess lighting, crown molding, a marble fireplace, stainless steel appliances, granite counter tops, surround sound speakers, and 10-foot ceilings. The lower level offers a modern and open floor plan with a gourmet kitchen, breakfast bar seating, dining area, gas marble fireplace, bright living room space, additional storage, and powder bathroom. Move upstairs to the newly carpeted bedrooms, both with attached bathrooms, walk-in closet (designed by California Closets), laundry area, and charming Mediterranean balconies. Secure, gated low maintenance community, with two side by side parking spaces, two guest parking spots, and loads of extra storage space and storage closet. Close proximity to highly rated Burbank schools, shopping, restaurants, parks, hiking trails, freeways, Metrolink, 5 freeway and the Burbank Airport. Come view this stunning remodeled home in a PRIME Burbank location!

Last Agent to Sell the Property

Jeff Fisher

Berkshire Hathaway Home Servic License #01429217 Listed on: 01/03/2024

Berkshire Hathaway Home Servic

Last Buyer's Agent

Stella Navasartyan

Markarian Realty License #02164644

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,174

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls
  • Fenced
  • Front Yard Sprinklers

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Automatic Gate
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 310201
  • Assessor Parcel Number 2455034071

Community Details

Overview

  • 10 Units
  • East Magnolia Ten Association, Phone Number (818) 369-7436
  • Maintained Community

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,174

Year Built

Built in 2007

Lot Details

0

HOA Fees

$309 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: washer/dryer, refrigerator, tvs, speakers
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community, Card/Code Access
  • View: No
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455034071
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1170.00 Square Feet
  • Interior Amenities: Crown Molding, Wired for Sound, Pantry, Granite Counters, Balcony, Storage, Recessed Lighting, Open Floorplan, High Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 682.91
  • Room Type: Living Room, Primary Suite, Laundry, Kitchen, Walk-In Closet
  • Window Features: Blinds
  • Bathroom Features: Double Sinks In Primary Bath
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen, Kitchen Island

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Gated, Controlled Entrance, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Range Hood, Microwave, Gas Oven, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Maintenance Grounds, Trash, Pet Rules, Management
  • Association Fee: 309.00
  • Association Fee Frequency: Monthly
  • Association Name: East Magnolia Ten
  • Phone: 8183697436
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers In Front

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 10

Tax Info

  • Tax Lot: 1
  • Tax Tract: 65892
  • Tax Tract Number: 310201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Feb 6, 2024
Sold by
Seropian Anna
Bought by
Megerdichi Robert
Seller's Agent
Jeff Fisher
Berkshire Hathaway Home Servic
Buyer's Agent
Stella Navasartyan
Markarian Realty
List Price
$829,000
Sold Price
$800,000
Premium/Discount to List
-$29,000
-3.5%
Views
363
Current Estimated Value
$813,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,285
Avg. Annual Appreciation
1.08%
Original Mortgage
$640,000
Outstanding Balance
$629,415
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$183,870

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jan 31, 2024
Sold by
Rakestraw Gina and Rakestraw Barrett
Bought by
Megerdichi Robert
Seller's Agent
Jeff Fisher
Berkshire Hathaway Home Servic
Buyer's Agent
Stella Navasartyan
Markarian Realty
List Price
$829,000
Sold Price
$800,000
Premium/Discount to List
-$29,000
-3.5%
Views
363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$629,415
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$183,870

Purchase Details

Closed on
Feb 9, 2021
Sold by
Rakestraw Gina and Gina Curran Separate Property
Bought by
Rakestraw Gina and Rakestraw Barrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2016
Sold by
Jones Gina D and Gina Curran Separate Property
Bought by
Rakestraw Gina C and Gina Curran Separate Property

Purchase Details

Closed on
Apr 4, 2016
Sold by
Jones Gina Dianne
Bought by
Jones Gina Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2014
Sold by
Jones Mark Lee
Bought by
Jones Gian Dianne

Purchase Details

Listed on
Mar 20, 2013
Closed on
Apr 2, 2013
Sold by
Kirby Craig and Russell Maria
Bought by
Jones Mark Lee and Jones Gina Dianne
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Steve Marx
Core Real Estate
List Price
$439,950
Sold Price
$461,000
Premium/Discount to List
$21,050
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$320,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
Kirby Craig
Bought by
Kirby Craig and Russell Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,648
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2008
Sold by
631 East Magnolia Llc
Bought by
Kirby Craig and Russell Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Megerdichi Robert -- Chicago Title Company
Megerdichi Robert $800,000 Chicago Title Company
Rakestraw Gina -- Fidelity National Title Co
Rakestraw Gina C -- None Available
Jones Gina D -- None Available
Jones Gina Dianne -- Fidelity National Title
Jones Gian Dianne -- None Available
Jones Mark Lee $461,000 Lawyers Title Company
Kirby Craig -- Ticor Title Company
Kirby Craig -- Ticor Title Company
Kirby Craig $450,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megerdichi Robert $640,000
Previous Owner Rakestraw Gina $199,000
Previous Owner Jones Gina Dianne $299,000
Previous Owner Jones Mark Lee $320,000
Previous Owner Kirby Craig $415,648
Previous Owner Kirby Craig $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $800,000 +0.1% $684 / Sq Ft
01/24/2024 01/24/24 Price Changed $799,000 -3.6% $683 / Sq Ft
01/02/2024 01/02/24 For Sale $829,000 +79.8% $709 / Sq Ft
04/30/2013 04/30/13 Sold $461,000 +4.8% $394 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $439,950 -- $376 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,174 $816,000 $540,498 $275,502
2024 $6,174 $556,546 $337,429 $219,117
2023 $6,107 $545,634 $330,813 $214,821
2022 $5,826 $534,936 $324,327 $210,609
2021 $5,801 $524,448 $317,968 $206,480
2020 $5,735 $519,071 $314,708 $204,363
2019 $5,563 $508,894 $308,538 $200,356
2018 $5,519 $498,917 $302,489 $196,428
2016 $5,240 $479,545 $290,744 $188,801
2015 $5,132 $472,343 $286,377 $185,966
2014 $5,118 $463,092 $280,768 $182,324
Source: Public Records

Agents Affiliated with this Home

  • Jeff Fisher

    Seller's Agent in 2024

    Jeff Fisher

    Berkshire Hathaway Home Servic

    (626) 394-6696

    2 in this area

    73 Total Sales

    Jeff Fisher
    Section Image
  • Stella Navasartyan

    Buyer's Agent in 2024

    Stella Navasartyan

    Markarian Realty

    (818) 404-6691

    1 in this area

    3 Total Sales

    Stella Navasartyan
    Section Image

  • D

    Seller's Agent in 2013

    David Fogg

    Keller Williams Realty World Media Center

  • H

    Seller Co-Listing Agent in 2013

    Helen Fogg

    Keller Williams Realty World Media Center

    (818) 239-3512

    1 in this area

    1 Total Sale

    Helen Fogg
    Section Image
  • Steve Marx

    Buyer's Agent in 2013

    Steve Marx

    Core Real Estate

    (818) 640-6265

    3 in this area

    18 Total Sales

    Steve Marx
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-16091

Pasadena-Foothills Association of REALTORS®

APN: 2455-034-071

California Los Angeles County Burbank 91501 Hillside District

631 E Magnolia Blvd Unit 106, Burbank, CA

This home is located at 631 E Magnolia Blvd Unit 106, Burbank, CA 91501 since 03 January 2024 and is currently estimated at $813,285, approximately $695 per square foot. This property was built in 2007. 631 E Magnolia Blvd Unit 106 is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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