NOT LISTED FOR SALE

Estimated Value: $854,991 - $931,000

3 Beds
3 Baths
1,465 Sq Ft
$300/mo HOA Fee

Last Sold November 17, 2020

Last sale price $715,000 $488 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,655/month

8 Days on Market

Highlights

  • No Units Above
  • Updated Kitchen
  • Contemporary Architecture
  • Ralph Emerson Elementary School Rated A-
  • Open Floorplan
  • Corner Lot

About This Home

As of November 2020

This special two-story unit feels more like a townhome than a condominium! With its own direct street-level access and no one above or below, the living experience is pleasant and serene. The layout is breathable, with excellent square footage, and space is maximized, allowing for extra storage and cabinet space. The custom kitchen features stainless appliances and granite countertops, and there is a convenient main floor guest bathroom. Double pane windows, brand new flooring, sliding doors, recessed lighting, crown mouldings, and in-unit laundry are additional highlights. Two side-by-side parking spaces in a private, underground gated garage with additional storage. There are a total of 6 units in the building and this one is comfortably nestled on beautiful tree-lined 7th Street. Conveniently located just a few short blocks from Burbank Town Center and less than 10 minutes from the Warner Bros., Walt Disney, and Universal Studios lots. Instantly welcoming, filled with warmth and expression, ready to be enjoyed!

Last Agent to Sell the Property

Jeremy Howard

EMBARQ License #01840936 Listed on: 10/07/2020

Co-Listed By

Steven Gridley

EMBARQ License #02017163

Last Buyer's Agent

Jesse Hlubik

Berkshire Hathaway HomeServices California Properties License #01801928

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Side by Side Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Tudor Architecture

Interior Spaces

  • 1,465 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Living Room Balcony
  • Formal Dining Room
  • Storage
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Burbank High School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32721
  • Assessor Parcel Number 2455023045

Community Details

Overview

  • 6 Units
  • Olive Hills Condominiums Association, Phone Number (818) 669-8551

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: All appliances, including refrigerator, range, washer/dyer.
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: BUR4*
  • Architectural Style: Contemporary, Tudor
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455023045
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1465.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 488.05
  • Room Type: Kitchen, Laundry, Living Room, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Controlled Entrance, Garage, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Olive Hills Condominiums
  • Phone: (818) 669-8551
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Olive Hills Condominiums

Schools

  • High School: Burbank
  • High School2: BURBAN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Sq Ft: 7115.00
  • Lot Size Acres: 0.1633

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7115.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 1
  • Tax Tract Number: 32721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 6, 2020
Sold by
Hawkins Clifford F
Bought by
Hawkins Vida
Seller's Agent
Jeremy Howard
EMBARQ
Buyer's Agent
Jesse Hlubik
Berkshire Hathaway HomeServices California Properties
List Price
$685,000
Sold Price
$715,000
Premium/Discount to List
$30,000
4.38%
Current Estimated Value
$889,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,748
Avg. Annual Appreciation
4.35%
Original Mortgage
$572,000
Outstanding Balance
$507,836
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$381,912

Purchase Details

Listed on
Oct 7, 2020
Closed on
Oct 20, 2020
Sold by
Jendrzejek William and Jung Meredith
Bought by
Hawkins Vanessa and Hawkins Vida
Seller's Agent
Jeremy Howard
EMBARQ
Buyer's Agent
Jesse Hlubik
Berkshire Hathaway HomeServices California Properties
List Price
$685,000
Sold Price
$715,000
Premium/Discount to List
$30,000
4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$507,836
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$381,912

Purchase Details

Closed on
Dec 12, 2016
Sold by
Temurian Andre
Bought by
Jendrzejek William and Jung Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2012
Sold by
Temurian Andre
Bought by
Temurian Andre and Temurian Hermine

Purchase Details

Closed on
Jun 9, 2009
Sold by
The Bank Of New York
Bought by
Temurian Andre and Temurian Hermine

Purchase Details

Closed on
Jun 16, 2008
Sold by
Hovhannisyan Arman H
Bought by
The Bank Of New York and Cwalt Inc Alternative Loan Trust 2006-Oa

Purchase Details

Closed on
Dec 29, 2004
Sold by
Markosian Vardeni
Bought by
Hovhannisyan Arman H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Christiansen Lourdes M
Bought by
Markosian Vardeni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1997
Sold by
Blum Vivian A Tr Blum Trust
Bought by
Christiansen Lourdes M and Grimaldo Ferdinand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hawkins Vida -- Stewart Title Of Ca Inc
Hawkins Vanessa $715,000 Stewart Title Of Ca Inc
Jendrzejek William $570,000 Lawyers Title Company
Temurian Andre -- None Available
Temurian Andre $348,000 None Available
The Bank Of New York $430,100 Landsafe Title
Hovhannisyan Arman H $430,000 California Counties Title Co
Markosian Vardeni $335,000 Gateway Title Company
Christiansen Lourdes M $142,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Vanessa $572,000
Previous Owner Jendrzejek William $456,000
Previous Owner Hovhannisyan Arman H $344,000
Previous Owner Markosian Vardeni $268,000
Previous Owner Christiansen Lourdes M $128,250
Closed Markosian Vardeni $67,000
Closed Hovhannisyan Arman H $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2020 11/17/20 Sold $715,000 +4.4% $488 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $685,000 +20.2% $468 / Sq Ft
02/19/2017 02/19/17 Sold $570,000 0.0% $389 / Sq Ft View Prior Sale
01/02/2017 01/02/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $570,000 -- $389 / 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 $8,493 $773,936 $572,821 $201,115
2024 $8,493 $758,762 $561,590 $197,172
2023 $8,402 $743,885 $550,579 $193,306
2022 $8,018 $729,300 $539,784 $189,516
2021 $7,987 $715,000 $529,200 $185,800
2020 $6,772 $604,886 $408,245 $196,641
2019 $6,569 $593,027 $400,241 $192,786
2018 $6,527 $581,400 $392,394 $189,006
2016 $4,230 $378,557 $195,262 $183,295
2015 $4,195 $372,871 $192,329 $180,542
2014 $4,136 $365,568 $188,562 $177,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20208351

California Regional Multiple Listing Service (CRMLS)

APN: 2455-023-045