Landlord's Agent in 2023
Jae Hyuk Kwak
First Team Real Estate
(213) 663-5392
1 in this area
23 Total Sales
650 E Palm Ave Unit 203 Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $786,000 - $828,319
2
Beds
2
Baths
1,240
Sq Ft
0.33
Acres
Highlights
- Neighborhood Views
- Laundry Room
- Central Heating and Cooling System
- Ralph Emerson Elementary School Rated A-
About This Home
As of June 2023Welcome to this stunning leased condo in the desirable city of Burbank. The unit contains 2 bedrooms and 2 baths (The assessor record showed it as three bedrooms). The kitchen boasts brand new stone countertops and backsplash, giving it a modern and sophisticated feel, and also new LVP floors applied in Kitchen, Livingroom, and Hallway. New Tankless water heater added into Interior features. A washer, dryer, and refrigerator are all included in the rent, making move-in day a breeze. All appliances except for Refrigerator are all brand New. The spacious living room is perfect for entertaining guests or relaxing with family. Recessed lights add a touch of elegance and ambiance to the space. In addition to the interior features, this unit also comes with two parking spaces in the underground garage, ensuring convenience and security. Water and trash are included (except for electric, solid waste, sewer, Internet service and Gas). Don't miss out on the opportunity to call this beautiful property your new home.
Last Agent to Rent the Property
First Team Real Estate License #01740269 Listed on: 04/27/2023
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $7,709
Year Built
- Built in 2006
Lot Details
- 0.33
Parking
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,240 Sq Ft Home
- 3-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- All Upper Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Additional Features
- 1 Common Wall
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Security Deposit $3,550
- Rent includes trash collection, water
- 12-Month Minimum Lease Term
- Available 5/1/23
- Tax Lot 1
- Tax Tract Number 62232
- Assessor Parcel Number 2455026097
Community Details
Overview
- Property has a Home Owners Association
- 15 Units
Pet Policy
- Limit on the number of pets
- Pet Size Limit
- Pet Deposit $500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 31, 2020
Sold by
Kim Jin K and Kim Jin Kook
Bought by
Kim Jin Kook and Park Diane Jungah
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
2.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2011
Sold by
Park Diane Jungah and Oh Myung Hee
Bought by
Kim Jin K and Park Diane Jungah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 21, 2007
Sold by
634 Palm Llc
Bought by
Park Diane Jungah and Oh Myung Hee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Kim Jin Kook | -- | None Listed On Document | |
| Kim Jin K | -- | Fidelity National Title Co | |
| Park Diane Jungah | $530,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kim Jin Kook | $203,700 | |
| Previous Owner | Kim Jin K | $278,000 | |
| Previous Owner | Park Diane Jungah | $344,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2023 06/28/23 | Rented | $3,550 | 0.0% | -- |
| 06/02/2023 06/02/23 | Under Contract | -- | -- | -- |
| 05/09/2023 05/09/23 | Price Changed | $3,550 | -6.6% | $3 / Sq Ft |
| 04/27/2023 04/27/23 | For Rent | $3,800 | -- | -- |
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 | $7,709 | $710,072 | $455,522 | $254,550 |
| 2024 | $7,709 | $696,150 | $446,591 | $249,559 |
| 2023 | $7,625 | $682,501 | $437,835 | $244,666 |
| 2022 | $7,275 | $669,119 | $429,250 | $239,869 |
| 2021 | $7,245 | $656,000 | $420,834 | $235,166 |
| 2020 | $6,777 | $614,000 | $395,000 | $219,000 |
| 2019 | $6,703 | $614,000 | $395,000 | $219,000 |
| 2018 | $6,792 | $614,000 | $395,000 | $219,000 |
| 2016 | $5,629 | $515,000 | $331,000 | $184,000 |
| 2015 | $5,163 | $475,000 | $305,000 | $170,000 |
| 2014 | $4,635 | $419,000 | $269,200 | $149,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jae Hyuk Kwak
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23070574
APN: 2455-026-097
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.
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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