NOT LISTED FOR SALE

650 E Palm Ave Unit 103 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $747,000 - $862,000

2 Beds
2 Baths
1,310 Sq Ft
0.33 Acres Lot

Sale Details

Date Sold: August 15, 2023

Last sale price $800,000 $611 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,551 / mo

13 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Concrete Porch or Patio
  • Ralph Emerson Elementary School Rated A-
  • Subterranean Parking
  • Laundry Room

About This Home

As of August 2023

Updated Luxury Condo * First Floor * 2 Bedrooms / 2 Bathroom * 1,376sqft * Built In 2006 * Living Room * Dining Area * Updated Kitchen * High Ceiling * Large Master Bedroom With Walk-In Closet * Hardwood Floors * Recessed Lighting * Central A/C & Heat * Balcony With Custom Built BBQ * Laundry Hook-Ups Inside * Building Has An Elevator * 2 Car Parking * Storage Bins * HOA $395/m

Last Agent to Sell the Property

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 07/03/2023

Last Buyer's Agent

Zareh Zargarian

Property By Us, Inc. License #01981524

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Additional Features

  • Concrete Porch or Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62232
  • Assessor Parcel Number 2455026092
  • $144 per year additional tax assessments

Community Details

Overview

  • 16 Units

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0.33 Acres

HOA Fees

$395 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: BUR4*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455026092
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1310.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 610.69
  • Room Type: Kitchen
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 395.00
  • Association Fee Frequency: Monthly
  • Association Name: .
  • Phone: .
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: .

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14222.00
  • Lot Size Acres: 0.3265

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14222.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 1
  • Tax Tract Number: 62232
  • TaxOtherAnnualAssessmentAmount: 144.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 9, 2023
Sold by
Karen Avanesian Trust
Bought by
Hayrapetian Alfred and Vartanians Alvina
Seller's Agent
Artin Sarkissian
The Art In Real Estate
Buyer's Agent
Zareh Zargarian
Property By Us, Inc.
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Views
180
Current Estimated Value
$827,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,165
Avg. Annual Appreciation
1.23%
Original Mortgage
$320,000
Outstanding Balance
$312,572
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$514,593

Purchase Details

Closed on
Oct 4, 2019
Sold by
Avanesian Karen
Bought by
Avanesian Karen and Karen Avanesian Trust

Purchase Details

Closed on
May 24, 2012
Sold by
Nair Abhi
Bought by
Avanesian Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
634 Palm Llc
Bought by
Nair Abhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hayrapetian Alfred $800,000 Lawyers Title Company
Avanesian Karen -- None Available
Avanesian Karen $300,000 Lawyers Title
Nair Abhi $530,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Hayrapetian Alfred $320,000
Previous Owner Avanesian Karen $240,000
Previous Owner Nair Abhi $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $800,000 +3.2% $611 / Sq Ft
07/03/2023 07/03/23 For Sale $775,000 -- $592 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,930 $816,000 $481,134 $334,866
2024 $8,930 $800,000 $471,700 $328,300
2023 $4,160 $362,173 $106,114 $256,059
2022 $3,970 $355,073 $104,034 $251,039
2021 $3,950 $348,112 $101,995 $246,117
2019 $3,790 $337,789 $98,971 $238,818
2018 $3,760 $331,167 $97,031 $234,136
2016 $3,563 $318,310 $93,264 $225,046
2015 $3,491 $313,530 $91,864 $221,666
2014 $3,485 $307,389 $90,065 $217,324
Source: Public Records

Agents Affiliated with this Home

  • Artin Sarkissian

    Seller's Agent in 2023

    Artin Sarkissian

    The Art In Real Estate

    (818) 437-2433

    15 in this area

    199 Total Sales

    Artin Sarkissian
    Section Image

  • Z

    Buyer's Agent in 2023

    Zareh Zargarian

    Property By Us, Inc.

    (818) 929-1168

    1 in this area

    6 Total Sales

    Zareh Zargarian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23115212

California Regional Multiple Listing Service (CRMLS)

APN: 2455-026-092

California Los Angeles County Burbank 91501 Hillside District

650 E Palm Ave Unit 103, Burbank, CA

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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