NOT LISTED FOR SALE

705 N Lima St Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,721,000 - $2,031,000

4 Beds
3 Baths
2,507 Sq Ft
$740/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $1,220,000 $487 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $11,058/month

9 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Living Room with Fireplace
  • Dolores Huerta Middle School Rated A-
  • Solar Power System
  • 3-minute walk to Verdugo Park & Recreation Center

About This Home

As of August 2019

Set on a 8k sqft street to street Magnolia Park lot, this well-loved 3 bed/2 bath main house, plus 1 bed/1 bath guest unit, is a blend of historic Burbank charm and modern updates. The rooms are airy and spacious with a comfy vibe. A roomy new galley style kitchen is open at both ends for great flow. Entertain with ease in separate dining room and oversized living room with patio access & lovely fireplace where hardwood floors continue to bedrooms. Master retreat offers a large walk-in closet and trendy barn doors to gorgeous upgraded en suite with double vanity. An enormous family room features a wall of glass to access the raised brick patio for indoor/outdoor fun. Guest/pool house is complete with full kitchen, bedroom, bath & living room (accessible from garage and Avon too). Invite family & friends over for swimming, sunbathing, relaxing under the poolside pergola & lawn games under shade trees. This is the life! Don't miss out on one of Burbank's most sought after neighborhoods!

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 07/24/2019

Compass

Co-Listed By

Kristin Neithercut

Compass License #02003278

Last Buyer's Agent

Naira Ambar

Real Brokerage Technologies License #01986768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,621

Year Built

  • Built in 1941

Lot Details

  • 8,149 Sq Ft Lot
  • Property is zoned BUR1YY

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,507 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Solar Power System
  • In Ground Pool
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2480-019-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,621

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2507
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Solar Panels
  • Price Per S Q F T: 436.78

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Air Conditioning, Central, Wall/Window
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2480-019-018
  • Geocode Override: No
  • Lot Size Area: 8149

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Aug 6, 2019
Sold by
Simon Troy J and Simon Denlse L
Bought by
Russell Chandra and Salahuddin Bashir
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Naira Ambar
Real Brokerage Technologies
List Price
$1,095,000
Sold Price
$1,220,000
Premium/Discount to List
$125,000
11.42%
Current Estimated Value
$1,855,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,853
Avg. Annual Appreciation
7.14%
Original Mortgage
$976,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2014
Closed on
Feb 19, 2014
Sold by
Gieseke Francine S
Bought by
Simon Troy J and Simon Denise L
Seller's Agent
Dan Soderstrom
Real Brokerage Technologies
Buyer's Agent
Craig Knizek
The Agency
List Price
$749,500
Sold Price
$723,000
Premium/Discount to List
-$26,500
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$714,125
Interest Rate
4.34%
Mortgage Type
VA

Purchase Details

Closed on
Aug 25, 2008
Sold by
Gleckman Francine Sandra
Bought by
Fiel Alan and The Fiel Inter Vivos Trust

Purchase Details

Closed on
May 15, 2000
Sold by
Magid Elias
Bought by
Gleckman Francine Sandra

Purchase Details

Closed on
Sep 17, 1999
Sold by
Magid N Robert
Bought by
Magid Elias

Purchase Details

Closed on
Jun 5, 1997
Sold by
Weinberg Larry
Bought by
Magid N Robert and Fiel Magid Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Russell Chandra $1,220,000 Ticor Title Company
Simon Troy J $723,000 Orange Coast Title Company
Fiel Alan -- None Available
Gleckman Francine Sandra -- --
Magid Elias -- --
Magid N Robert $282,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Chandra $976,000
Previous Owner Simon Troy J $714,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $1,220,000 +11.4% $487 / Sq Ft
07/24/2019 07/24/19 For Sale $1,095,000 +51.5% $437 / Sq Ft
03/11/2014 03/11/14 Sold $723,000 -3.5% $379 / Sq Ft
01/26/2014 01/26/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $749,500 -- $393 / Sq Ft
Source: The MLS

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 $14,621 $1,334,244 $800,547 $533,697
2024 $14,621 $1,308,083 $784,850 $523,233
2023 $14,464 $1,282,435 $769,461 $512,974
2022 $13,807 $1,257,290 $754,374 $502,916
2021 $13,756 $1,232,638 $739,583 $493,055
2019 $8,923 $794,511 $618,357 $176,154
2018 $8,753 $778,933 $606,233 $172,700
2016 $8,311 $748,689 $582,694 $165,995
2015 $8,143 $737,444 $573,942 $163,502
2014 $7,013 $622,414 $461,118 $161,296
Source: Public Records

Agents Affiliated with this Home

  • Craig Strong

    Seller's Agent in 2019

    Craig Strong

    Compass

    (818) 987-9700

    22 in this area

    310 Total Sales

    Craig Strong
    Section Image
  • Kristin Neithercut

    Seller Co-Listing Agent in 2019

    Kristin Neithercut

    Compass

    (508) 826-7127

    26 in this area

    193 Total Sales

    Kristin Neithercut
    Section Image
  • Naira Ambar

    Buyer's Agent in 2019

    Naira Ambar

    Real Brokerage Technologies

    (818) 953-5300

    39 Total Sales

    Naira Ambar
    Section Image
  • Dan Soderstrom

    Seller's Agent in 2014

    Dan Soderstrom

    Real Brokerage Technologies

    (818) 437-0859

    12 Total Sales

    Dan Soderstrom
    Section Image
  • Craig Knizek

    Buyer's Agent in 2014

    Craig Knizek

    The Agency

    (818) 618-1006

    117 Total Sales

    Craig Knizek
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-492356

The MLS

APN: 2480-019-018

California Los Angeles County Burbank 91505 Magnolia Park

705 N Lima St, Burbank, CA

This home is located at 705 N Lima St, Burbank, CA 91505 since 24 July 2019 and is currently estimated at $1,855,853, approximately $740 per square foot. This property was built in 1941. 705 N Lima St is a home located in Los Angeles County with nearby schools including Dolores Huerta Middle School, John Burroughs High School, and Burbank Montessori Academy.

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes