NOT LISTED FOR SALE

725 Groton Dr Burbank, CA 91504

Hillside District Neighborhood

Estimated Value: $1,443,000 - $1,560,000

3 Beds
2 Baths
2,121 Sq Ft
$703/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $692,000 $326 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $8,619/month

74 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Main Floor Bedroom
  • Thomas Jefferson Elementary School Rated A
  • Wood Flooring
  • Lawn

About This Home

As of January 2016

A wonderful opportunity to purchase this spacious home from the 58 year owners. A little TLC will go a long way to build a lot of equity in this higher priced neighborhood. The original hardwood floors can be refinished or covered. Solid plaster walls and ceilings with low maintenance stucco outside mean this house has great bones and a surprisingly open floor plan for this vintage of home. Huge eat-in kitchen with Breakfast Nook has an adjacent area for a small Formal Dining Room or enjoy the huge Formal Dining Room the current owners created for their large family (see floor plans). The kitchen could be opened to the larger living room area to really open up the first floor. The two story addition boasts a huge first floor Family Room with wet bar and sliding glass doors to the back courtyard, as well as a private master suite on the second level. The back and side courtyards are paved concrete with planters and the home boasts a two car detached garage with a garden/tool shed at the back. There's plenty of privacy from the back and side walls and a driveway gate encloses the back and side yard for your pets. A full inspection report, termite report and building permits are on display in the home and can be emailed upon request.

Last Agent to Sell the Property

James Casey

Better Homes and Gardens Real Estate Town Center License #01380677 Listed on: 10/10/2015

Better Homes and Gardens Real Estate Town Center

Last Buyer's Agent

Ani Vartabetian

No Firm Affiliation License #01713830

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,890 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in good condition
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,121 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Blinds
  • Garden Windows
  • Atrium Windows
  • Sliding Doors
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 141
  • Tax Tract Number 17034
  • Assessor Parcel Number 2469009019

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: All appliances
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2469009019
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2121.00
  • Interior Amenities: Bar, Ceramic Counters, Ceiling Fan(s), Recessed Lighting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Dining Room
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 326.26
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Master Suite, Separate Family Room
  • Window Features: Atrium, Blinds, Garden Window(s), Plantation Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Block
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link, Good Condition
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Brick, Stucco, Stone, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Electric Oven, Disposal, Gas Range, Range Hood, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Foothills, Sidewalks, Street Lights, Storm Drains, Suburban

Lot Info

  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Lawn, Landscaped, Rectangular Lot, Paved, Sprinkler System
  • Lot Size Sq Ft: 5890.00
  • Price Per Lot Square Foot: 117.49
  • Lot Size Acres: 0.1350

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5890.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 141
  • Tax Tract Number: 17034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
Kadian Vahe S
Bought by
Vartabetian Christina
Current Estimated Value
$1,491,880

Purchase Details

Closed on
Sep 16, 2017
Sold by
Wartabetian Vartan W
Bought by
Vartabetian Christina and Kadian Vahe S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2015
Closed on
Jan 7, 2016
Sold by
Garabedian Shaghig J
Bought by
Wartabetian Vartan W
Seller's Agent
James Casey
Better Homes and Gardens Real Estate Town Center
Buyer's Agent
Ani Vartabetian
No Firm Affiliation
List Price
$749,000
Sold Price
$692,000
Premium/Discount to List
-$57,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$519,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2015
Closed on
Dec 29, 2015
Sold by
Dahlia Elizabeth and Nardini Family Trust
Bought by
Vartabetian Christina and Kadian Vahe S
Seller's Agent
James Casey
Better Homes and Gardens Real Estate Town Center
Buyer's Agent
Ani Vartabetian
No Firm Affiliation
List Price
$749,000
Sold Price
$692,000
Premium/Discount to List
-$57,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Vartabetian Christina -- None Available
Vartabetian Christina -- North American Title
Wartabetian Vartan W -- North American Title
Vartabetian Christina $692,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vartabetian Christina $560,000
Previous Owner Wartabetian Vartan W $519,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $692,000 -7.6% $326 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $749,000 0.0% $353 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/10/2015 10/10/15 For Sale $749,000 -- $353 / 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 $9,640 $873,758 $659,397 $214,361
2024 $9,640 $856,626 $646,468 $210,158
2023 $9,537 $839,831 $633,793 $206,038
2022 $9,106 $823,365 $621,366 $201,999
2021 $9,066 $807,222 $609,183 $198,039
2019 $8,699 $783,281 $591,115 $192,166
2018 $8,554 $767,924 $579,525 $188,399
2016 $1,306 $113,354 $34,354 $79,000
2015 $1,281 $111,652 $33,838 $77,814
2014 $1,286 $109,466 $33,176 $76,290
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Casey

    Better Homes and Gardens Real Estate Town Center

    Section Image

  • A

    Buyer's Agent in 2016

    Ani Vartabetian

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15222865

California Regional Multiple Listing Service (CRMLS)

APN: 2469-009-019

California Los Angeles County Burbank 91504 Hillside District

725 Groton Dr, Burbank, CA

Not Listed for Sale

Detached

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