NOT LISTED FOR SALE

706 E Fairmount Rd Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $910,000 - $1,225,000

2 Beds
1 Bath
1,053 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $890,000 $845 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,756/month

Highlights

  • Wood Flooring
  • No HOA
  • Covered Patio or Porch
  • Ralph Emerson Elementary School Rated A-
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2024

Sold before processed.

Last Agent to Sell the Property

Claudio Madariaga

REMAX Empower Brokerage Phone: 818-209-1859 License #01111676 Listed on: 11/27/2024

REMAX Empower

Last Buyer's Agent

Armin Wittenberg

Coldwell Banker Realty License #01122440

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,937 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned BUR1YY

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 8703
  • Assessor Parcel Number 2459003009
  • $212 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2459003009
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1053.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 845.20
  • Room Type: Kitchen, Living Room, Utility Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7937.00
  • Lot Size Acres: 0.1822

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7937.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 9
  • Tax Tract Number: 8703
  • TaxOtherAnnualAssessmentAmount: 212.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
706 Fairmount Llc
Bought by
Alekyan Kevin
Current Estimated Value
$1,077,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$955,722
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$122,037

Purchase Details

Closed on
Mar 24, 2025
Sold by
Minasyan Gayane
Bought by
Alekyan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$955,722
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$122,037

Purchase Details

Closed on
Mar 17, 2025
Sold by
Chernov Dennis
Bought by
706 Fairmount Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$955,722
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$122,037

Purchase Details

Listed on
Nov 27, 2024
Closed on
Nov 25, 2024
Sold by
Chernov Yana
Bought by
Chernov Dennis
Seller's Agent
Claudio Madariaga
REMAX Empower
Buyer's Agent
Claudio Madariaga
REMAX Empower
List Price
$950,000
Sold Price
$890,000
Premium/Discount to List
-$60,000
-6.32%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%
Original Mortgage
$534,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2024
Closed on
Nov 1, 2024
Sold by
Blumer Family Trust and Blumer Suzanne E
Bought by
Chernov Dennis
Seller's Agent
Claudio Madariaga
REMAX Empower
Buyer's Agent
Claudio Madariaga
REMAX Empower
List Price
$950,000
Sold Price
$890,000
Premium/Discount to List
-$60,000
-6.32%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2001
Sold by
Blumer Suzanne E
Bought by
Blumer Suzanne E and The Blumer Family

Purchase Details

Closed on
Jan 30, 1995
Sold by
Blumer Suzanne E
Bought by
Blumer Suzanne E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Alekyan Kevin $1,200,000 California Best Title
Alekyan Kevin $1,200,000 California Best Title
Alekyan Kevin -- California Best Title
Alekyan Kevin -- California Best Title
706 Fairmount Llc -- California Best Title
Chernov Dennis -- Orange Coast Title Company
Chernov Dennis -- Orange Coast Title Company
Chernov Dennis $890,000 Orange Coast Title Company
Chernov Dennis $890,000 Orange Coast Title Company
Blumer Suzanne E -- --
Blumer Suzanne E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alekyan Kevin $960,000
Closed Alekyan Kevin $960,000
Previous Owner Chernov Dennis $534,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $890,000 -6.3% $845 / Sq Ft
11/27/2024 11/27/24 For Sale $950,000 -- $902 / 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 $1,116 $890,000 $668,000 $222,000
2024 $1,116 $82,375 $46,357 $36,018
2023 $1,106 $80,761 $45,449 $35,312
2022 $1,060 $79,178 $44,558 $34,620
2021 $1,050 $77,627 $43,685 $33,942
2019 $1,012 $75,327 $42,391 $32,936
2018 $943 $73,851 $41,560 $32,291
2016 $885 $70,986 $39,948 $31,038
2015 $869 $69,920 $39,348 $30,572
2014 $878 $68,552 $38,578 $29,974
Source: Public Records

Agents Affiliated with this Home

  • Claudio Madariaga

    Seller's Agent in 2024

    Claudio Madariaga

    RE/MAX

    (818) 209-1859

    7 in this area

    53 Total Sales

    Claudio Madariaga
    Section Image

  • A

    Buyer's Agent in 2024

    Armin Wittenberg

    Coldwell Banker Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24225282

California Regional Multiple Listing Service (CRMLS)

APN: 2459-003-009

California Los Angeles County Burbank 91501 Hillside District

706 E Fairmount Rd, Burbank, CA

Not Listed for Sale

Detached

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