NOT LISTED FOR SALE

711 E Olive Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,029,000 - $1,225,000

3 Beds
2.5 Baths
1,560 Sq Ft
$697/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $1,060,000 $679 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,104/month

6 Days on Market

Highlights

  • City Lights View
  • 1.39 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Ralph Emerson Elementary School Rated A-
  • Wood Flooring
  • End Unit

About This Home

As of September 2023

Fabulous 3 level townhouse in the Burbank Hills at The Villas On Olive. This is a rare end unit, it offers additional windows and abundant natural light, making it more appealing. Built in 2004, the townhouse features a private direct access garage, providing convenience and security. The interior of the townhouse is well-appointed and designed for comfort. The living room boasts high ceilings, wood floors, and a fireplace, creating an inviting atmosphere. A formal dining room is also included, perfect for entertaining guests or enjoying family meals. The kitchen is a highlight of the property, featuring beautiful maple cabinets, granite countertops, a center island, and high-end stainless steel appliances, including a SubZero refrigerator. The kitchen also houses a stackable LG washer and dryer for laundry needs, along with additional storage and a spacious pantry. Upstairs, you will find three bedrooms and a main bathroom. The primary suite is particularly impressive, with a walk-in closet that was professionally designed and a large bathroom that includes dual sinks, marble countertops, a shower, and a soaking tub. There is a balcony off the primary suite, and there are beautiful views from each room. This townhouse has a 2-car attached direct access garage, an upgraded insulated garage door and loads of extra storage, as well as a separate storage area. Overall, this townhouse offers a luxurious and comfortable living experience with its high-quality finishes, spacious rooms, and convenient amenities.

Last Agent to Sell the Property

Grace Fogg Miranda

Keller Williams Realty World Media Center License #01275725 Listed on: 06/13/2023

Keller Williams Realty World Media Center

Last Buyer's Agent

Stan Tabler

Compass License #00774377

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $422 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,560 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Open to Family Room
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • 36 Units
  • The Villas Association, Phone Number (661) 257-2452
  • Infiniti Property Management HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53742
  • Assessor Parcel Number 2455024046

Townhouse Details

Home Type

Townhome

Year Built

Built in 2004

Lot Details

0

HOA Fees

$422 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: all appliances
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2455024046
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1560.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, High Ceilings, Recessed Lighting, Wired for Sound
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Decorative
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 679.49
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Walk-In Closet
  • Bathroom Features: Shower In Tub, Double Sinks In Bath(s), Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Kitchen, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash
  • Association Fee: 422.00
  • Association Fee Frequency: Monthly
  • Association Name: The Villas
  • Phone: 661-257-2452
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: Infiniti Property Management

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60679.00
  • Lot Size Acres: 1.3930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 60679.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Oct 16, 2023
Sold by
Sherbakoff/Gomez Familyrevocable Trust
Bought by
Sherbakoff/Gomez Family Revocable Trust and Sherbakoff
Seller's Agent
Grace Fogg Miranda
Keller Williams Realty World Media Center
Buyer's Agent
Stan Tabler
Compass
List Price
$950,000
Sold Price
$1,060,000
Premium/Discount to List
$110,000
11.58%
Views
206
Current Estimated Value
$1,087,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,476
Avg. Annual Appreciation
1.12%
Original Mortgage
$650,000
Outstanding Balance
$637,670
Interest Rate
7.31%
Mortgage Type
Construction
Estimated Equity
$449,806

Purchase Details

Closed on
Jun 23, 2023
Sold by
Sullivan Natalie A
Bought by
Sherbakoff/Gomez Family Trust and Sherbakoff

Purchase Details

Closed on
Oct 5, 2018
Sold by
Sullivan Matthew E and Sullivan Natalie A
Bought by
Sullivan Natalie A

Purchase Details

Listed on
Sep 14, 2016
Closed on
Sep 21, 2016
Sold by
Wilhelm Thomas C and Wilhelm Jeanne M
Bought by
Sullivan Matthew E and Sullivan Natalie A
Seller's Agent
Dianne Merryl
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Dianne Merryl
Berkshire Hathaway HomeServices California Properties
List Price
$680,000
Sold Price
$680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$612,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2004
Sold by
Olive Villas Townhomes Llc
Bought by
Wilhelm Thomas C and Wilhelm Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,920
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
T A Patty Development Inc
Bought by
Olive Villas Townhomes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sherbakoff/Gomez Family Revocable Trust -- Bnt Title Company Of Ca
Sherbakoff/Gomez Family Trust $1,060,000 Lawyers Title Company
Sullivan Natalie A -- None Available
Sullivan Matthew E $680,000 California Title Company
Wilhelm Thomas C $570,000 Investors Title Company
Olive Villas Townhomes Llc -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherbakoff/Gomez Family Revocable Trust $650,000
Previous Owner Sullivan Matthew E $612,000
Previous Owner Wilhelm Thomas C $455,920
Closed Wilhelm Thomas C $56,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2023 09/14/23 Sold $1,060,000 +11.6% $679 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $950,000 +39.7% $609 / Sq Ft
11/10/2016 11/10/16 Sold $680,000 0.0% $425 / Sq Ft View Prior Sale
09/14/2016 09/14/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $680,000 0.0% $425 / Sq Ft
06/08/2014 06/08/14 Rented $3,350 0.0% --
06/02/2014 06/02/14 Under Contract -- -- --
05/29/2014 05/29/14 For Rent $3,350 -- --
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 $11,812 $1,081,200 $668,916 $412,284
2024 $11,812 $1,060,000 $655,800 $404,200
2023 $8,500 $758,547 $417,424 $341,123
2022 $8,110 $743,675 $409,240 $334,435
2021 $8,077 $729,094 $401,216 $327,878
2019 $7,745 $707,471 $389,317 $318,154
2018 $7,687 $693,600 $381,684 $311,916
2016 $7,385 $667,200 $398,600 $268,600
2015 $6,353 $575,800 $344,000 $231,800
2014 $6,109 $544,000 $325,000 $219,000
Source: Public Records

Agents Affiliated with this Home

  • Grace Fogg Miranda

    Seller's Agent in 2023

    Grace Fogg Miranda

    Keller Williams Realty World Media Center

    (818) 570-1255

    57 in this area

    300 Total Sales

    Grace Fogg Miranda
    Section Image
  • Stan Tabler

    Buyer's Agent in 2023

    Stan Tabler

    Compass

    (805) 689-2305

    1 in this area

    35 Total Sales

    Stan Tabler
    Section Image

  • D

    Seller's Agent in 2016

    Dianne Merryl

    Berkshire Hathaway HomeServices California Properties

    (818) 613-4655

    1 in this area

    12 Total Sales

    Dianne Merryl
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23104487

California Regional Multiple Listing Service (CRMLS)

APN: 2455-024-046

California Los Angeles County Burbank 91501 Hillside District

711 E Olive Ave, Burbank, CA

Not Listed for Sale

Townhouses

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