NOT LISTED FOR SALE

702 E Olive Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,301,000 - $1,603,000

2 Beds
2 Baths
1,844 Sq Ft
$787/Sq Ft Est. Value

Last Sold April 11, 2013

Last sale price $623,000 $338 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $8,311/month

21 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Joaquin Miller Elementary School Rated A-
  • Family Room Off Kitchen
  • Central Heating and Cooling System

About This Home

As of April 2013

Totally Remodeled Home in Prime Location. New Kitchen and Cabinets, New Appliance, New Window, New Bath, Floor, and much more. Spacious Living Room and Family Room. House has a spacious storage and basement which can be used as an office or play room. Detached 2 car garage.

Last Agent to Sell the Property

Chris Lim

Bestway Realty License #01412845 Listed on: 02/22/2013

Last Buyer's Agent

HUNG TRAN

ALL STAR REAL ESTATE License #00969016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,734

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 7,734 Sq Ft Lot
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2455017021

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2455017021
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1844.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 200.00
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 337.85
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 7734.00
  • Lot Size Acres: 0.1780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7734.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 00
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 5, 2013
Sold by
Yoon Douglas
Bought by
Yoon Douglas and Yoon Meeyoung S
Seller's Agent
Chris Lim
Bestway Realty
Buyer's Agent
HUNG TRAN
ALL STAR REAL ESTATE
List Price
$630,000
Sold Price
$623,000
Premium/Discount to List
-$7,000
-1.11%
Current Estimated Value
$1,451,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,067
Avg. Annual Appreciation
6.87%
Original Mortgage
$343,000
Outstanding Balance
$242,111
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,208,956

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 8, 2013
Sold by
Signet Domain Llc
Bought by
Yoon Douglas
Seller's Agent
Chris Lim
Bestway Realty
Buyer's Agent
HUNG TRAN
ALL STAR REAL ESTATE
List Price
$630,000
Sold Price
$623,000
Premium/Discount to List
-$7,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$242,111
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,208,956

Purchase Details

Listed on
Feb 22, 2013
Closed on
Feb 28, 2013
Sold by
Yoon Mee Young S
Bought by
Yoon Douglas
Seller's Agent
Chris Lim
Bestway Realty
Buyer's Agent
HUNG TRAN
ALL STAR REAL ESTATE
List Price
$630,000
Sold Price
$623,000
Premium/Discount to List
-$7,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$242,111
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,208,956

Purchase Details

Closed on
Jun 22, 2012
Sold by
Kay Catherine F
Bought by
Signet Domain Llc and Olive Trust

Purchase Details

Closed on
Jan 12, 2007
Sold by
The Catherine Kay Living Trust
Bought by
Kay Catherine F

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
7.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Kay Catherine Frances
Bought by
The Catherine Kay Living Trust
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
Yoon Douglas -- None Available
Yoon Douglas $623,000 Orange Coast Title
Yoon Douglas -- Orange Coast Title
Signet Domain Llc -- None Available
Kay Catherine F -- Gateway Title
The Catherine Kay Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Douglas $343,000
Previous Owner Kay Catherine F $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2013 04/11/13 Sold $623,000 0.0% $338 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/25/2013 02/25/13 Off Market $623,000 -- --
02/22/2013 02/22/13 For Sale $630,000 0.0% $342 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
02/15/2013 02/15/13 Price Changed $630,000 0.0% $342 / Sq Ft
02/15/2013 02/15/13 For Sale $630,000 +5.2% $342 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $599,000 -- $325 / 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 $8,490 $770,796 $599,454 $171,342
2024 $8,490 $755,683 $587,700 $167,983
2023 $8,399 $740,867 $576,177 $164,690
2022 $8,018 $726,341 $564,880 $161,461
2021 $7,982 $712,100 $553,804 $158,296
2019 $7,658 $690,980 $537,379 $153,601
2018 $7,555 $677,433 $526,843 $150,590
2016 $7,168 $651,130 $506,386 $144,744
2015 $7,022 $641,350 $498,780 $142,570
2014 $6,971 $625,828 $489,010 $136,818
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Chris Lim

    Bestway Realty

    (562) 577-3111

    12 Total Sales

    Chris Lim
    Section Image

  • H

    Buyer's Agent in 2013

    HUNG TRAN

    ALL STAR REAL ESTATE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13017257

California Regional Multiple Listing Service (CRMLS)

APN: 2455-017-021

California Los Angeles County Burbank 91501 Hillside District

702 E Olive Ave, Burbank, CA

Not Listed for Sale

Detached

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