NOT LISTED FOR SALE

650 E Palm Ave Unit 104 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $927,888 - $1,003,000

3 Beds
2 Baths
1,600 Sq Ft
$307/mo HOA Fee

Last Sold April 24, 2020

Last sale price $735,000 $459 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,108/month

16 Days on Market

Highlights

  • Automatic Gate
  • Wood Flooring
  • Elevator
  • Ralph Emerson Elementary School Rated A-
  • Tuscan Architecture
  • Walk-In Closet

About This Home

As of April 2020

This home is located at 650 E Palm Ave Unit 104, Burbank, CA 91501 since 18 February 2020 and is currently estimated at $959,472, approximately $599 per square foot. This property was built in 2006. 650 E Palm Ave Unit 104 is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

Last Agent to Sell the Property

Laura Markosian

Coldwell Banker Realty License #01291002 Listed on: 02/18/2020

Coldwell Banker Realty

Last Buyer's Agent

Aaron Stel

COMPASS License #01951620

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,744

Year Built

  • Built in 2006

Lot Details

  • 0.33

HOA Fees

  • $307 Monthly HOA Fees

Home Design

  • Tuscan Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Laundry closet
  • Property Views

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security Lights
  • Alarm System

Parking

  • Automatic Gate
  • Guest Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2455-026-093

Community Details

Overview

  • 104 Units

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,744

Year Built

Built in 2006

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Tuscan
  • Street Number Display: Yes
  • Complex Name: 650 Palm (Burbank) HOA
  • Entry Floor: 1
  • Living Area: 1600
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2006
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Mixed, Stone Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 449.38

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Auto Driveway Gate, Subterr Side by Side

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Smoke Detector

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Parking, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 307.09
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2455-026-093
  • Geocode Override: No
  • Lot Size Area: 14222

Multi Family

  • Number Of Units: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 4, 2020
Sold by
Kirakosyan Gevorg and Kirakosyan Anahit Liparitovna
Bought by
Kraezek David and Kraczek Jenna
Seller's Agent
Laura Markosian
Coldwell Banker Realty
Buyer's Agent
Aaron Stel
COMPASS
List Price
$719,000
Sold Price
$735,000
Premium/Discount to List
$16,000
2.23%
Current Estimated Value
$959,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,472
Avg. Annual Appreciation
4.97%
Original Mortgage
$635,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2006
Sold by
634 Palm Llc
Bought by
Kirakosyan Gevorg and Kirakosyan Anahit Liparitovna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Kraezek David $735,000 Equity Title
Kirakosyan Gevorg -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraezek David $635,000
Previous Owner Kirakosyan Gevorg $503,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $735,000 +2.2% $459 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $719,000 -2.2% $449 / Sq Ft
02/27/2020 02/27/20 Off Market $735,000 -- --
02/18/2020 02/18/20 For Sale $719,000 -- $449 / Sq Ft
Source: The MLS

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 $8,744 $803,828 $501,436 $302,392
2024 $8,744 $788,067 $491,604 $296,463
2023 $8,649 $772,615 $481,965 $290,650
2022 $8,252 $757,466 $472,515 $284,951
2021 $8,218 $742,614 $463,250 $279,364
2020 $7,939 $718,000 $537,000 $181,000
2019 $7,852 $718,000 $537,000 $181,000
2018 $7,211 $650,000 $486,000 $164,000
2016 $6,736 $615,000 $460,000 $155,000
2015 $6,177 $567,000 $424,000 $143,000
2014 $5,775 $521,000 $390,000 $131,000
Source: Public Records

Agents Affiliated with this Home

  • Laura Markosian

    Seller's Agent in 2020

    Laura Markosian

    Coldwell Banker Realty

    (323) 333-1431

    1 in this area

    32 Total Sales

    Laura Markosian
    Section Image
  • Aaron Stel

    Buyer's Agent in 2020

    Aaron Stel

    COMPASS

    (909) 402-3523

    239 Total Sales

    Aaron Stel
    Section Image
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Map

Source: The MLS

MLS Number: 20-554908

The MLS

APN: 2455-026-093

California Los Angeles County Burbank 91501 Hillside District

650 E Palm Ave Unit 104, Burbank, CA

This home is located at 650 E Palm Ave Unit 104, Burbank, CA 91501 since 18 February 2020 and is currently estimated at $959,472, approximately $599 per square foot. This property was built in 2006. 650 E Palm Ave Unit 104 is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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