NOT LISTED FOR SALE

701 E Cypress Ave Unit 105 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,038,000 - $1,149,000

3 Beds
3 Baths
1,950 Sq Ft
$271/ mo HOA Fee

Last Sold May 15, 2012

Last sale price $450,000 $231 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $6,774/month

Highlights

  • Property is near park
  • Ralph Emerson Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of May 2012

SHORT SALE SUBJECT TO LENDERS APPROVAL.Previously approved for $450,000 but did not complete the sale due to the previous buyers lending issues. Luxury Condominimum with lots of Amenities. Security, close to schools, walk to media center & shopping. Large gourmet kitchen w/granite countertops, custom cabinets. Build in 2007 and 1,950 sf.

Last Agent to Sell the Property

irina elkin

No Firm Affiliation License #01362869 Listed on: 01/01/2012

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 7,841

HOA Fees

  • $271 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,950 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property is near park
  • Central Heating and Cooling System

Community Details

  • 8 Units

Listing and Financial Details

  • Tax Tract Number 1
  • Assessor Parcel Number 2459001136

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

7,841 Sq Ft Lot

HOA Fees

$271 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2459001136
  • Year Built: 2007
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 1950.00
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Price Per Square Foot: 230.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 271.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 8046.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8046.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2017
Sold by
Borra Suresh
Bought by
Varada Uday Kumar and Repaka Naga Venkata Anusha
Current Estimated Value
$1,082,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$430,468
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$652,375

Purchase Details

Listed on
Jan 1, 2012
Closed on
Mar 28, 2012
Sold by
Ordinian Kevin K
Bought by
Borra Suresh and Borra Suneela
Seller's Agent
irina elkin
No Firm Affiliation
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$405,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
701 E Cypress Llc
Bought by
Ordinian Kevin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.11%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Varada Uday Kumar $670,000 Lawyers Title
Borra Suresh $450,000 Ort
Ordinian Kevin K $750,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varada Uday Kumar $536,000
Previous Owner Borra Suresh $405,000
Previous Owner Ordinian Kevin K $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2012 05/15/12 Sold $450,000 -- $231 / Sq Ft
01/01/2012 01/01/12 Pending -- -- --
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 $8,602 $777,586 $388,793 $388,793
2024 $8,602 $762,340 $381,170 $381,170
2023 $8,511 $747,394 $373,697 $373,697
2022 $8,124 $732,740 $366,370 $366,370
2021 $8,089 $718,374 $359,187 $359,187
2019 $7,761 $697,068 $348,534 $348,534
2018 $7,708 $683,400 $341,700 $341,700
2016 $5,360 $477,465 $120,109 $357,356
2015 $5,252 $470,294 $118,305 $351,989
2014 $5,241 $461,083 $115,988 $345,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11037455

California Regional Multiple Listing Service (CRMLS)

APN: 2459-001-136

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