714 N Reese Place Burbank, CA 91506
Chandler Park NeighborhoodEstimated Value: $1,126,000 - $1,271,000
2
Beds
1.5
Baths
1,248
Sq Ft
$954/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- No HOA
- Walt Disney Elementary School Rated A
- Private Yard
- Neighborhood Views
About This Home
As of April 2017This Magnolia Park 2BD, 1.5 BA, Gem Includes Huge 5 Car Garage with Bonus Rec Room with Half Bath and Wet Bar - Great for Car Lovers or Studio Folk! This Lovely Home Includes Comfortable Open Floor Plan with Spacious Formal Living/Room Dining Room Combo with Stone Fireplace, Beautiful Hardwood Floors, Crown Molding and Built-Ins. Nice Size Eat-in Kitchen with Tile Flooring, Built-In Stove Top and Steel Appliances. Other Home Features Include: Central Air and Heating and Plantation Shutters. Backyard with Big Covered Patio Area and Grassy Yard with Luscious Fruit Trees. Desirable Magnolia Park Location and Just Down the Street from the Popular Chandler Biking and Walking Path.
Last Agent to Sell the Property
David Fogg
Keller Williams Realty World Media Center License #01149065 Listed on: 02/14/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,506
Year Built
- Built in 1946
Lot Details
- 6,626 Sq Ft Lot
- Block Wall Fence
- Private Yard
- Back and Front Yard
- Property is zoned BUR1YY
Parking
- 5 Car Garage
- Attached Carport
- Parking Available
- Driveway
Home Design
- Traditional Architecture
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 1,248 Sq Ft Home
- Built-In Features
- Crown Molding
- Ceiling Fan
- Living Room with Fireplace
- Dining Room
- Wood Flooring
- Neighborhood Views
- Tile Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Tile Bathroom Countertop
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Covered patio or porch
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 235
- Tax Tract Number 9428
- Assessor Parcel Number 2449028022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 2017
Sold by
Lotka Glenn and Dick Cheryl
Bought by
Dick John David and Livingston Somrak
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$459,465
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$731,441
Purchase Details
Listed on
Feb 14, 2017
Closed on
Mar 1, 2017
Sold by
Kang Paul and Kang Grace
Bought by
Lotka Glenn and Dick Cheryl
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Glenn Lotka
Contractors Funding Corporation
List Price
$699,950
Sold Price
$715,000
Premium/Discount to List
$15,050
2.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$424,100
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2006
Sold by
Simpson Robert David and Simpson Living Trust
Bought by
Kang Paulo and Kang Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,280
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 20, 2002
Sold by
Simpson Robert David and Simpson Living Trust
Bought by
Simpson Robert David and Simpson Living Trust
Similar Homes in Burbank, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dick John David | $675,000 | Fidelity Sherman Oaks | |
| Lotka Glenn | $715,000 | Lawyers Title | |
| Kang Paulo | $618,000 | Southland Title | |
| Simpson Robert David | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dick John David | $540,000 | |
| Previous Owner | Lotka Glenn | $424,100 | |
| Previous Owner | Kang Paulo | $463,000 | |
| Previous Owner | Kang Paulo | $489,751 | |
| Previous Owner | Kang Paulo | $61,723 | |
| Previous Owner | Kang Paulo | $494,280 | |
| Previous Owner | Simpson Robert David | $250,000 | |
| Previous Owner | Simpson Jean D | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2017 04/28/17 | Sold | $715,000 | +2.2% | $573 / Sq Ft |
| 02/24/2017 02/24/17 | Pending | -- | -- | -- |
| 02/14/2017 02/14/17 | For Sale | $699,950 | -- | $561 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,506 | $752,971 | $602,378 | $150,593 |
| 2023 | $8,416 | $738,208 | $590,567 | $147,641 |
| 2022 | $8,035 | $723,735 | $578,988 | $144,747 |
| 2021 | $8,005 | $709,545 | $567,636 | $141,909 |
| 2019 | $7,682 | $688,500 | $550,800 | $137,700 |
| 2018 | $7,565 | $675,000 | $540,000 | $135,000 |
| 2017 | $7,607 | $680,000 | $544,000 | $136,000 |
| 2016 | $7,124 | $643,000 | $514,000 | $129,000 |
| 2015 | $7,084 | $643,000 | $514,000 | $129,000 |
| 2014 | $6,996 | $624,000 | $498,600 | $125,400 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2017
David Fogg
Keller Williams Realty World Media Center
-
Glenn Lotka
G
Buyer's Agent in 2017
Glenn Lotka
Contractors Funding Corporation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB17030806
APN: 2449-028-022
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