NOT LISTED FOR SALE

650 E Palm Ave Unit 202 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $850,000 - $1,061,000

3 Beds
2 Baths
1,601 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: December 22, 2014

Last sale price $579,999 $362 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,390 / mo

9 Days on Market

Highlights

  • Living Room
  • Ralph Emerson Elementary School Rated A-
  • Central Air

About This Home

As of December 2014

Luxurious Tuscan style condo. FRONT UNIT WITH HUGE ENCLOSED PATIO. Open floor plan, spacious living room with dining area, travertine floors, hardwood floors, venetian plaster. Kitchen with stainless steel appliances, granite counter top and quality wood cabinets. Huge master suite with a full bath and walk in custom built closet designed by closet world. Security cameras all throughout the building, inside unit has wired alarm and security camera, only 15 units, handicap access, elevator, subterranean parking - 2 car side by side with storage. One huge patio facing the street and 2 balconies.

Last Agent to Sell the Property

Marina Makaryan

Equity Union License #01326418 Listed on: 10/28/2014

Equity Union

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 0.33

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,601 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Central Air

Community Details

  • 15 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62232
  • Assessor Parcel Number 2455026096

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0.33 Acres

HOA Fees

$306 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2455026096
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1601.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 362.27
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 306.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14222.00
  • Lot Size Acres: 0.3260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14222.0000 Square Feet
  • Number Of Units In Community: 15
  • Number Of Units Total: 15

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 62232

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Nov 10, 2014
Sold by
Dermenjian David
Bought by
Seller's Agent
Marina Makaryan
Equity Union
List Price
$579,999
Sold Price
$579,999
Current Estimated Value
$986,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,348
Avg. Annual Appreciation
4.21%
Original Mortgage
$290,000
Outstanding Balance
$216,276
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$724,130

Purchase Details

Closed on
Dec 7, 2006
Sold by
Pembedjian Diana
Bought by
Dermenjian David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hillside District, CA

  • Vartan Ambarian Real Estate Agent - Keller Williams R. E. Services

    Vartan Ambarian

    Keller Williams R. E. Services

    (747) 292-6978

    20 Total Sales

    1 in Hillside District

    $1,430,000 Price

    Vartan Ambarian
     Section Image
  • Arthur Ambarchyan Real Estate Agent - Keller Williams R. E. Services

    Arthur Ambarchyan

    Responds Quickly

    Keller Williams R. E. Services

    (747) 271-1402

    82 Total Sales

    4 in Hillside District

    $1.4M - $3.8M Price Range

    Arthur Ambarchyan
     Section Image
  • 'Vic' Vartan Markarian Real Estate Agent - Markarian Realty

    'Vic' Vartan Markarian

    Markarian Realty

    (626) 240-5877

    114 Total Sales

    4 in Hillside District

    $900K - $1.5M Price Range

    'Vic' Vartan Markarian
     Section Image
  • David Nalbandyan Real Estate Agent - LA Premier Realty

    David Nalbandyan

    LA Premier Realty

    (747) 277-0134

    79 Total Sales

    4 in Hillside District

    $525K - $1.6M Price Range

    David Nalbandyan
     Section Image
  • Tigran Ghazaryan Real Estate Agent - Groves Capital, Inc.

    Tigran Ghazaryan

    Groves Capital, Inc.

    (424) 283-8862

    10 Total Sales

    2 in Hillside District

    $1M - $1.2M Price Range

    Tigran Ghazaryan
     Section Image
  • Mayra Santana Real Estate Agent - Sunrise Dream Realty, Inc.

    Mayra Santana

    Sunrise Dream Realty, Inc.

    (747) 294-4051

    62 Total Sales

    1 in Hillside District

    $1,525,000 Price

    Mayra Santana
     Section Image
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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
$570,000 Priority Title
Dermenjian David -- Chicago Title Co
Dermenjian David $620,000 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 $290,000
Previous Owner Dermenjian David $62,000
Previous Owner Dermenjian David $496,000
Previous Owner Dermenjian David $62,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
12/22/2014 12/22/14 Sold $579,999 0.0% $362 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $579,999 -- $362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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
2026 $7,698 $698,745 $403,556 $295,189
2025 $7,698 $685,045 $395,644 $289,401
2024 $7,458 $671,614 $387,887 $283,727
2023 $7,377 $658,446 $380,282 $278,164
2022 $7,038 $645,536 $372,826 $272,710
2021 $7,008 $632,879 $365,516 $267,363
2019 $6,720 $614,110 $354,676 $259,434
2018 $6,677 $602,070 $347,722 $254,348
2016 $6,335 $578,692 $334,220 $244,472
2015 $6,206 $570,000 $329,200 $240,800
2014 $5,704 $508,000 $385,000 $123,000
Source: Public Records

Agents Affiliated with this Home

  • MM

    Seller's Agent in 2014

    Marina Makaryan

    Equity Union

    (818) 432-1500

    8 Total Sales

    Marina Makaryan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14230176

California Regional Multiple Listing Service (CRMLS)

APN: 2455-026-096

California Los Angeles County Burbank 91501 Hillside District

650 E Palm Ave Unit 202, 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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