Seller's Agent in 2023
Alisa Cunningham
Douglas Elliman of California, Inc.
(818) 472-2801
33 in this area
66 Total Sales
649 S Reese Place Burbank, CA 91506
Rancho Adjacent NeighborhoodEstimated Value: $1,513,000 - $1,661,000
3
Beds
3
Baths
1,727
Sq Ft
$907/Sq Ft
Est. Value
Highlights
- Community Stables
- Barn
- View of Hills
- William McKinley Elementary School Rated A-
- Horse Property
- No HOA
About This Home
As of October 2023On a pretty tree-lined street, in the heart of Burbank's Rancho Equestrian District, this remarkable property seamlessly combines the equestrian lifestyle with the convenience of urban living. The sunny and bright main house offers 2 bedrooms plus a den and two bathrooms. Spacious living room with picture window. Open remodeled kitchen with stone counters, nook area and island with seating, 2nd sink and wine fridge. Den/media room is off kitchen with cozy fireplace and glass sliding doors leading to outdoor patio for gatherings and relaxation - whether it's sipping your morning coffee or watching the sun set over the Griffith Park hills.
Above the newer detached garage, there is a separate approx. 300 sqft office space with a ½ bath and its own private access, completed in 2014.
Just over 7,400 sqft lot, zoned for keeping 2 horses. Opens to the horse alley for easy loading or quick access to the trails. Spacious well maintained cinder block barn with in/outs is perfectly situated so you can watch your horses from the media room/den or back patio. Additional hay storage and tack room building provides ample storage. Short drive to the shops and restaurants of Toluca Lake, Whole Foods, and all the studios: Disney, Warner Bros, Cartoon Network, Nickelodeon, Universal/NBC. Nearby parks, ice skating, tennis, basketball, the Los Angeles Equestrian Center, and quick access to the 50+ miles of trails in Griffith Park. Legendary Burbank schools/services. This is where you dream of living!
Last Agent to Sell the Property
Douglas Elliman of California, Inc. License #01719178 Listed on: 08/23/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,806
Year Built
- Built in 1939
Lot Details
- 7,432 Sq Ft Lot
- Property is zoned BUR1*
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,727 Sq Ft Home
- 1-Story Property
- Fireplace With Gas Starter
- Den with Fireplace
- Views of Hills
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Horse Property
- Outbuilding
Additional Features
- Barn
- Horse Property Improved
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 98
- Tax Tract Number 10363
- Assessor Parcel Number 2443015014
- $323 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Community Stables
- Horse Trails
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2023
Closed on
Sep 28, 2023
Sold by
Davis Wendy
Bought by
Morfin Stephanie Lopez and Hegele Andrew
Seller's Agent
Alisa Cunningham
Douglas Elliman of California, Inc.
Buyer's Agent
Casey Schein
RE/MAX of Santa Clarita
List Price
$1,325,000
Sold Price
$1,319,000
Premium/Discount to List
-$6,000
-0.45%
Views
59
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
$248,186
Avg. Annual Appreciation
8.47%
Original Mortgage
$1,253,050
Outstanding Balance
$1,223,528
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$343,658
Purchase Details
Listed on
Mar 20, 2012
Closed on
Apr 18, 2012
Sold by
The Reese Trust #649
Bought by
Davis Wendy
Seller's Agent
Robert Lee Walters
Leland Properties
Buyer's Agent
Daron Campbell
List Price
$579,900
Sold Price
$570,000
Premium/Discount to List
-$9,900
-1.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$417,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2011
Sold by
Flame Jan
Bought by
The Reese Trust #649 and Cic
Purchase Details
Closed on
Nov 14, 1995
Sold by
Alder Ann R
Bought by
Flame Jan
Purchase Details
Closed on
Feb 14, 1995
Sold by
Alder Ann R
Bought by
Flame Jan
Purchase Details
Closed on
Sep 17, 1993
Sold by
Marsh Albert J and Marsh Leora T
Bought by
Alder Ann R
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 |
|---|---|---|---|
| Morfin Stephanie Lopez | $1,319,000 | Lawyers Title Company | |
| Davis Wendy | $570,005 | Orange Coast Title Company O | |
| The Reese Trust #649 | $451,500 | None Available | |
| Flame Jan | -- | Chicago Title | |
| Flame Jan | $122,500 | -- | |
| Alder Ann R | $242,000 | Gateway Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morfin Stephanie Lopez | $1,253,050 | |
| Previous Owner | Davis Wendy | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2023 10/10/23 | Sold | $1,319,000 | -0.5% | $764 / Sq Ft | |
| 09/15/2023 09/15/23 | Pending | -- | -- | -- | |
| 08/23/2023 08/23/23 | For Sale | $1,325,000 | +132.5% | $767 / Sq Ft | |
| 05/17/2012 05/17/12 | Sold | $570,000 | -1.7% | $356 / Sq Ft | View Prior Sale |
| 03/20/2012 03/20/12 | For Sale | $579,900 | -- | $362 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $14,806 | $1,345,380 | $1,076,304 | $269,076 |
| 2024 | $14,806 | $1,319,000 | $1,055,200 | $263,800 |
| 2023 | $8,573 | $744,448 | $468,420 | $276,028 |
| 2022 | $8,188 | $729,852 | $459,236 | $270,616 |
| 2021 | $8,157 | $715,542 | $450,232 | $265,310 |
| 2019 | $7,831 | $694,321 | $436,879 | $257,442 |
| 2018 | $7,640 | $680,708 | $428,313 | $252,395 |
| 2016 | $8,311 | $749,618 | $411,682 | $337,936 |
| 2015 | $7,110 | $644,450 | $405,499 | $238,951 |
| 2014 | $6,882 | $584,038 | $397,556 | $186,482 |
Source: Public Records
Agents Affiliated with this Home
-
Alisa Cunningham
-
Casey Schein
Buyer's Agent in 2023
Casey Schein
RE/MAX
(661) 476-7579
1 in this area
101 Total Sales
-
Robert Lee Walters
Seller's Agent in 2012
Robert Lee Walters
Leland Properties
(818) 384-6004
1 in this area
20 Total Sales
-
D
Buyer's Agent in 2012
Daron Campbell
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23157773
APN: 2443-015-014
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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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