631 E Magnolia Blvd Unit 106 Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $794,764 - $840,000
2
Beds
2.5
Baths
1,170
Sq Ft
$309/mo
HOA Fee
Highlights
- Primary Bedroom Suite
- Automatic Gate
- Updated Kitchen
- Ralph Emerson Elementary School Rated A-
- Gated Community
- Open Floorplan
About This Home
As of February 2024Price 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
Berkshire Hathaway Home Servic License #01429217 Listed on: 01/03/2024
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
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%
Total Days on Market
23
Views
363
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,691
Avg. Annual Appreciation
0.94%
Original Mortgage
$640,000
Outstanding Balance
$631,859
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$177,832
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
$631,859
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$177,832
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
4.75%
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
Similar Homes in Burbank, CA
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
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
75 Total Sales
-
Stella Navasartyan
Buyer's Agent in 2024
Stella Navasartyan
Markarian Realty
(818) 404-6691
1 in this area
3 Total Sales
-
D
Seller's Agent in 2013
David Fogg
Keller Williams Realty World Media Center
-
Helen Fogg
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
-
Steve Marx
Buyer's Agent in 2013
Steve Marx
Core Real Estate
(818) 640-6265
3 in this area
18 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-16091
APN: 2455-034-071
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