NOT LISTED FOR SALE

727 E Cypress Ave Unit 101 Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $923,000 - $1,102,000

3 Beds
2.5 Baths
1,690 Sq Ft
$589/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $720,000 $426 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,481/month

10 Days on Market

Highlights

  • City Lights View
  • Central Air
  • Family Room
  • Ralph Emerson Elementary School Rated A-

About This Home

As of March 2016

Rare opportunity to own a luxurious townhouse in Burbank! Tri-level townhouse completed in 2006, Front unit with 3 Bed & 2.5 Baths, 3 separate balconies each amazing views of the city, Mountains. large first floor patio where one can enjoy the sun and morning coffee, abundance of light, an open floor plan, recessed lighting, beautifully detailed crown molding, high ceiling, spacious living room with fireplace, a gourmet kitchen with granite counter top, Central air conditioning with a separate regulator for the upstairs bedrooms to create independent, dual climate zones, custom wood cabinets, secure gated garage with 2 parking spaces side by side with direct access to the unit, low HOA fees $280. This unit has plenty of extras and is mint condition the current owner, who is the only person who has lived in this townhouse since it was built, a single executive who travels for work, so there is minimal wear and tear on the unit. Short distance to downtown Burbank for dining, shopping, and entertainment, a short drive away from the trendy Americana in Glendale and the hip Toluca Lake area in Burbank. Near the Burbank Hills, only a couple of minutes from Castaway on the slopes of the Verdugo Mountains, located in the most beautiful part of Burbank.

Last Agent to Sell the Property

Orlando Cruz

Brightstone Estate Properties License #01051110 Listed on: 01/21/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,361

Year Built

  • Built in 2006

Lot Details

  • 7,831 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Interior Spaces

  • 1,690 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Central Air

Community Details

  • 5 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 61073
  • Assessor Parcel Number 2459001127

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,361

Year Built

Built in 2006

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2459001127
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1690.00
  • Stories: 3
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 426.04
  • Room Type: All Bedrooms Up, Family Room

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7831.00
  • Price Per Lot Square Foot: 91.94
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7831.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 61073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Apr 20, 2016
Sold by
Shah Vaibhav
Bought by
Shah Vaibhav and Shah Ruchi
Seller's Agent
Orlando Cruz
Brightstone Estate Properties
List Price
$679,000
Sold Price
$720,000
Premium/Discount to List
$41,000
6.04%
Total Days on Market
10
Current Estimated Value
$994,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,910
Avg. Annual Appreciation
3.45%

Purchase Details

Listed on
Jan 21, 2016
Closed on
Feb 2, 2016
Sold by
Shahnavaz Shahrooz R
Bought by
Shah Vaibhav and Shah Ruchi
Seller's Agent
Orlando Cruz
Brightstone Estate Properties
List Price
$679,000
Sold Price
$720,000
Premium/Discount to List
$41,000
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
727 Cypress Llc
Bought by
Shahnavaz Shahrooz R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shah Vaibhav -- None Available
Shah Vaibhav $720,000 Usa National Title
Shahnavaz Shahrooz R $700,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Vaibhav $458,500
Closed Shah Vaibhav $460,000
Closed Shah Vaibhav $504,000
Previous Owner Shahnavaz Shahrooz R $105,000
Previous Owner Shahnavaz Shahrooz R $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $720,000 +6.0% $426 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $679,000 -- $402 / 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 $9,361 $852,326 $538,268 $314,058
2024 $9,361 $835,614 $527,714 $307,900
2023 $9,261 $819,230 $517,367 $301,863
2022 $8,839 $803,168 $507,223 $295,945
2021 $8,803 $787,421 $497,278 $290,143
2019 $8,445 $764,068 $482,530 $281,538
2018 $8,388 $749,087 $473,069 $276,018
2016 $6,962 $635,000 $364,300 $270,700
2015 $6,218 $570,000 $327,000 $243,000
2014 $6,114 $551,000 $316,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16013758

California Regional Multiple Listing Service (CRMLS)

APN: 2459-001-127