NOT LISTED FOR SALE

640 N Fairview St Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,129,000 - $1,420,000

2 Beds
1 Bath
1,629 Sq Ft
$801/Sq Ft Est. Value

Last Sold December 17, 2012

Last sale price $600,000 $368 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $7,797/month

8 Days on Market

Highlights

  • Wood Flooring
  • Dolores Huerta Middle School Rated A-
  • No HOA

About This Home

As of December 2012

Duplex in Prime Magnolia Park Location! Move right in to the back/private unit, new carpet, new paint, new vinyl flooring in kitchen & bath, private back yard and 2 car garage. Beautiful tree lined street. Both units are 2 Bedroom, 1 Bath. Live in one and let the other unit help pay your mortgage. No rent control!

Last Agent to Sell the Property

Sandra Cusick

Media West Realty,Inc. License #01733273 Listed on: 11/06/2012

Last Buyer's Agent

Jennifer Taylor

Coldwell Banker Hallmark Realty License #01823454

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,206

Year Built

  • Built in 1944

Lot Details

  • 5,966 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,629 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 2479013009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,206

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 2479013009
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 368.32

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5966.00
  • Lot Size Acres: 0.1370

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 815
  • Average2 Bed Area: 815
  • Gross Income: 1350.00
  • Lot Size Area: 5966.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Boghoussian Razmik and Boghoussian Leigh
Bought by
640 North Fairview Street Llc
Current Estimated Value
$1,305,505

Purchase Details

Listed on
Nov 6, 2012
Closed on
Nov 15, 2012
Sold by
Bornais Joseph V and The John M Schwitzner Revocabl
Bought by
Boghoussian Razmik and Boghoussian Leigh
Seller's Agent
Sandra Cusick
Media West Realty,Inc.
Buyer's Agent
Jennifer Taylor
Coldwell Banker Hallmark Realty
List Price
$614,900
Sold Price
$600,000
Premium/Discount to List
-$14,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$450,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2005
Sold by
Schwitzner John M
Bought by
Schwitzner John M and John M Schwitzner Revocable Li

Purchase Details

Closed on
Jun 12, 2001
Sold by
Schwitzner Marion M and Schwitzner John M
Bought by
Schwitzner John M
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
640 North Fairview Street Llc -- None Available
Boghoussian Razmik -- None Available
Boghoussian Razmik $600,000 Equity Title Los Angeles
Schwitzner John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boghoussian Razmik $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2012 12/17/12 Sold $600,000 -2.4% $368 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
11/06/2012 11/06/12 For Sale $614,900 -- $377 / 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 $8,206 $738,845 $480,251 $258,594
2024 $8,206 $724,359 $470,835 $253,524
2023 $8,120 $710,156 $461,603 $248,553
2022 $7,753 $696,232 $452,552 $243,680
2021 $7,721 $682,581 $443,679 $238,902
2020 $7,636 $675,583 $439,130 $236,453
2019 $7,410 $662,337 $430,520 $231,817
2018 $7,304 $649,351 $422,079 $227,272
2016 $6,934 $624,138 $405,690 $218,448
2015 $6,794 $614,764 $399,597 $215,167
2014 $6,782 $602,723 $391,770 $210,953
Source: Public Records

Agents Affiliated with this Home

  • Sandra Cusick

    Seller's Agent in 2012

    Sandra Cusick

    Media West Realty,Inc.

    (808) 264-9826

    1 in this area

    24 Total Sales

    Sandra Cusick
    Section Image

  • J

    Buyer's Agent in 2012

    Jennifer Taylor

    Coldwell Banker Hallmark Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB12137290

California Regional Multiple Listing Service (CRMLS)

APN: 2479-013-009

California Los Angeles County Burbank 91505 Magnolia Park

640 N Fairview St, Burbank, CA

This home is located at 640 N Fairview St, Burbank, CA 91505 since 06 November 2012 and is currently estimated at $1,305,505, approximately $801 per square foot. This property was built in 1944. 640 N Fairview St is a home located in Los Angeles County with nearby schools including Dolores Huerta Middle School, John Burroughs High School, and Burbank Montessori Academy.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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