NOT LISTED FOR SALE

650 E Palm Ave Unit 303 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $786,000 - $864,000

2 Beds
2 Baths
1,240 Sq Ft
0.33 Acres

Last Sold May 21, 2018

Last sale price $626,000 $505 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,905/month

Highlights

  • Active Adult
  • Mountain View
  • Laundry Room
  • Dumbwaiter
  • Subterranean Parking
  • Central Air

About This Home

As of September 2023

Luxury Condo For Rent * Top Floor * 2 Bedrooms / 2 Bathrooms * 1,240sqft * 2006 Built * High Ceilings * Laminate Floors * Laundry Inside * Central A/C * Walk-In Closet * Elevator * 2 Car Parking * Tenant Pays Gas & Power * No Pets

Last Agent to Rent the Property

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 07/28/2023

Last Renter's Agent

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 07/28/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,733

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 1 Common Wall

Parking

  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 1,240 Sq Ft Home
  • Family Room
  • Dining Room
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Dumbwaiter
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Sewer Paid

Community Details

  • Active Adult
  • Property has a Home Owners Association
  • 12 Units
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes association dues, water
  • 12-Month Minimum Lease Term
  • Available 7/28/23
  • Assessor Parcel Number 2455026102

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,733

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-07-28
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4500
  • Furnished: Unfurnished

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable-105
  • View: Yes
  • Zoning: BUR4*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2455026102
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1240.00 Square Feet
  • Interior Amenities: Dumbwaiter
  • Entry Location: Living Room
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.82
  • Room Type: Family Room

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Senior Community: Yes
  • Community Features: Sidewalks

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 14222.00
  • Lot Size Acres: 0.3265

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 14222.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12
  • Rent Includes: Association Dues, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Apr 30, 2018
Sold by
Panlilio Consuelo V
Bought by
Aslanian Erebooni Annie
Seller's Agent
Emilie Broughton
Emilie Broughton Real Estate
Buyer's Agent
Artin Sarkissian
The Art In Real Estate
List Price
$615,000
Sold Price
$626,000
Premium/Discount to List
$11,000
1.79%
Current Estimated Value
$806,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,013
Avg. Annual Appreciation
3.48%
Original Mortgage
$500,800
Outstanding Balance
$431,205
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$374,808

Purchase Details

Closed on
Oct 30, 2006
Sold by
634 Palm Llc
Bought by
Panlilio Consuelo V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Aslanian Erebooni Annie $626,000 Old Republic Title Company
Panlilio Consuelo V $550,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aslanian Erebooni Annie $500,800
Previous Owner Panlilio Consuelo V $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2023 09/09/23 Rented $3,500 0.0% --
08/28/2023 08/28/23 Price Changed $3,500 -6.7% $3 / Sq Ft
08/18/2023 08/18/23 Price Changed $3,750 -2.6% $3 / Sq Ft
07/28/2023 07/28/23 For Rent $3,850 0.0% --
05/21/2018 05/21/18 Sold $626,000 +1.8% $505 / Sq Ft View Prior Sale
05/14/2018 05/14/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $615,000 -- $496 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,733 $712,275 $435,558 $276,717
2024 $7,733 $698,310 $427,018 $271,292
2023 $7,649 $684,619 $418,646 $265,973
2022 $7,297 $671,196 $410,438 $260,758
2021 $7,344 $658,037 $402,391 $255,646
2019 $7,044 $638,520 $390,456 $248,064
2018 $6,870 $614,000 $389,000 $225,000
2016 $5,705 $515,000 $327,000 $188,000
2015 $5,239 $475,000 $302,000 $173,000
2014 $4,769 $424,200 $270,000 $154,200
Source: Public Records

Agents Affiliated with this Home

  • Artin Sarkissian

    Landlord's Agent in 2023

    Artin Sarkissian

    The Art In Real Estate

    (818) 437-2433

    16 in this area

    221 Total Sales

    Artin Sarkissian
    Section Image
  • Mounika Haftavani

    Buyer Co-Listing Agent in 2023

    Mounika Haftavani

    The Art In Real Estate

    (818) 241-3000

    1 in this area

    50 Total Sales

    Mounika Haftavani
    Section Image
  • Emilie Broughton

    Seller's Agent in 2018

    Emilie Broughton

    Emilie Broughton Real Estate

    (626) 287-9625

    40 Total Sales

    Emilie Broughton
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23139753

California Regional Multiple Listing Service (CRMLS)

APN: 2455-026-102

California Los Angeles County Burbank 91501 Hillside District

650 E Palm Ave Unit 303, Burbank, CA

This home is located at 650 E Palm Ave Unit 303, Burbank, CA 91501 since 28 July 2023 and is currently priced at $806,013. This property was built in 2006. 650 E Palm Ave Unit 303 is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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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