NOT LISTED FOR SALE

726 E Palm Ave Unit C Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $911,000 - $1,060,000

3 Beds
2.5 Baths
1,773 Sq Ft
$540/Sq Ft Est. Value

Last Sold January 06, 2015

Last sale price $495,000 $279 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,788/month

23 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Patio
  • Ralph Emerson Elementary School Rated A-
  • Walk-In Closet
  • Living Room

About This Home

As of January 2015

Here's your opportunity to own a beautiful and move-in ready town home located just South of Kenneth Rd. Features a large and open entry way which may also be used as a separate living room. A large family room with fireplace, a formal dining room with built-in cabinetry, a beautiful kitchen with brand new appliances, plus a private patio just off the family room. Also features 3 bedrooms and 2.5 baths, a laundry area on the 2nd floor near the bedrooms and a subterranean 2 car garage. Has central HVAC, low HOA dues and is in a great location. Property has had recent upgrades throughout. Don't miss out on this gem of a property. It is spacious and conveniently located just minutes from the Burbank Town Center/Downtown Burbank. Only 5 total units in this building! **See attachment for PAS requirements and WFHM offer submittal information in MLS document section**.

Last Agent to Sell the Property

Harry Sousani

Harout Sousani, Broker License #01492395 Listed on: 10/29/2014

Last Buyer's Agent

Benjamin Cheng

VISTA REALTY License #01110558

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1981

Lot Details

  • 7,625 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard Sprinklers

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,773 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet

Additional Features

  • Patio
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40929
  • Assessor Parcel Number 2455025025

Community Details

Overview

  • 5 Units

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Year Built

Built in 1981

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2455025025
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1773.00
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 279.19
  • Room Type: All Bedrooms Up, Family Room, Living Room, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 7625.00
  • Lot Size Acres: 0.1750

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7625.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 40929

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Dec 4, 2014
Sold by
Bank Of America National Association
Bought by
Qin Zhen and Zhou Cuigi
Seller's Agent
Harry Sousani
Harout Sousani, Broker
Buyer's Agent
Benjamin Cheng
VISTA REALTY
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$958,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,006
Avg. Annual Appreciation
6.20%
Original Mortgage
$346,000
Outstanding Balance
$264,052
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$693,954

Purchase Details

Closed on
Sep 30, 2010
Sold by
Petrosyan Vardan and Balyan Piruza
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bleyan Lilit
Bought by
Petrosyan Vardan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2005
Sold by
Riley James M
Bought by
Petrosyan Vardan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 12, 2005
Sold by
Riley Leon M and Riley Avadna Joyce
Bought by
Riley James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac
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
Qin Zhen $495,000 Servicelink Title Co
Bank Of America National Association $410,000 Accommodation
Petrosyan Vardan -- Chicago Title Co
Petrosyan Vardan $610,000 Chicago Title Co
Riley James M -- Chicago Title Co
Riley James M -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qin Zhen $346,000
Previous Owner Petrosyan Vardan $488,000
Previous Owner Riley James M $150,000
Closed Riley James M $277,213
Closed Petrosyan Vardan $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2015 01/06/15 Sold $495,000 0.0% $279 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $495,000 -- $279 / 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 $6,526 $594,905 $321,730 $273,175
2024 $6,526 $583,241 $315,422 $267,819
2023 $6,456 $571,806 $309,238 $262,568
2022 $6,161 $560,595 $303,175 $257,420
2021 $6,130 $549,604 $297,231 $252,373
2019 $5,880 $533,305 $288,416 $244,889
2018 $5,825 $522,849 $282,761 $240,088
2016 $5,521 $502,548 $271,782 $230,766
2015 $5,341 $481,831 $351,738 $130,093
2014 $5,328 $472,393 $344,848 $127,545
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2015

    Harry Sousani

    Harout Sousani, Broker

    Section Image

  • B

    Buyer's Agent in 2015

    Benjamin Cheng

    VISTA REALTY

    (626) 576-2091

    16 Total Sales

    Benjamin Cheng
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14231440

California Regional Multiple Listing Service (CRMLS)

APN: 2455-025-025

California Los Angeles County Burbank 91501 Hillside District

726 E Palm Ave Unit C, Burbank, CA

Not Listed for Sale

Townhouses

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