NOT LISTED FOR SALE

Estimated Value: $847,000 - $937,000

2 Beds
1 Bath
864 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $810,000 $938 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,747/month

63 Days on Market

Highlights

  • No HOA
  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Verdugo Hills Senior High School Rated A-
  • Front Porch
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2024

Amazing opportunity to turn this 2bed 1bath home into a long-term rental investment (cash cow) property by expanding the main house and adding possibly an ADU, & a JrADU to it. This property has a Burbank postal address with Los Angeles building department and services. Very High rental demand area due to being close to Burbank Entertainment Studios, Woodbury University, Empire Center, Burbank Airport, Metro, 5 & 134 fws, downtown Burbank. Don't miss this opportunity!

Last Agent to Sell the Property

Sofi Istimaratzian

JohnHart Real Estate Brokerage Email: sistimarat@aol.com License #01236696 Listed on: 05/13/2024

JohnHart Real Estate

Last Buyer's Agent

Hayk Danielyan

Compass License #02089846

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,840 Sq Ft Lot
  • Wood Fence
  • Needs Fence Repair
  • Value in Land
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Tile Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Gas Water Heater
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 22070
  • Assessor Parcel Number 2405020033
  • $224 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 8184386601
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2405020033
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 864.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 937.50
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Utility Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Needs Repair, Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 6840.00
  • Lot Size Acres: 0.1570

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6840.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1021.05
  • Tax Lot: 1
  • Tax Tract Number: 22070
  • TaxOtherAnnualAssessmentAmount: 224.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 15, 2024
Sold by
Lekhliyan Anahit
Bought by
Saakyan Arthur Ashot
Seller's Agent
Sofi Istimaratzian
JohnHart Real Estate
Buyer's Agent
Hayk Danielyan
Compass
List Price
$950,000
Sold Price
$810,000
Premium/Discount to List
-$140,000
-14.74%
Views
36
Current Estimated Value
$875,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,374
Avg. Annual Appreciation
6.06%
Original Mortgage
$486,000
Outstanding Balance
$479,185
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$396,189

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 19, 2024
Sold by
Fernandez-Borsos Living Trust and Fernandez Janet M
Bought by
Saakyan Arthur Ashot
Seller's Agent
Sofi Istimaratzian
JohnHart Real Estate
Buyer's Agent
Hayk Danielyan
Compass
List Price
$950,000
Sold Price
$810,000
Premium/Discount to List
-$140,000
-14.74%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Outstanding Balance
$479,185
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$396,189

Purchase Details

Closed on
Apr 24, 2019
Sold by
Borsos Anna and Fernandez Janet M
Bought by
Fernandez Janet M and Borsos Anna

Purchase Details

Closed on
Apr 10, 2014
Sold by
Brosos Anna
Bought by
Borsos Anna and Fernandez Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1998
Sold by
Borsos Anna
Bought by
Borsos Anna and Fernandez Janet M

Purchase Details

Closed on
Feb 20, 1998
Sold by
Stafura Paul J
Bought by
Hauser Ernest R and Hauser Ernest Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.7%

Purchase Details

Closed on
Jan 21, 1998
Sold by
Hauser Ernest R
Bought by
Borsos Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saakyan Arthur Ashot -- Fidelity - Sherman Oaks
Saakyan Arthur Ashot $810,000 Fidelity - Sherman Oaks
Fernandez Janet M -- None Available
Borsos Anna -- Wfg Title Company Of Ca
Borsos Anna -- --
Hauser Ernest R $26,000 --
Borsos Anna $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saakyan Arthur Ashot $486,000
Previous Owner Borsos Anna $236,000
Previous Owner Borsos Anna $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $810,000 -7.9% $938 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $879,200 0.0% $1,018 / Sq Ft
06/06/2024 06/06/24 Price Changed $879,400 -7.4% $1,018 / Sq Ft
05/13/2024 05/13/24 For Sale $950,000 -- $1,100 / 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 $2,102 $810,000 $693,600 $116,400
2024 $2,102 $156,513 $93,912 $62,601
2023 $2,065 $153,445 $92,071 $61,374
2022 $1,972 $150,437 $90,266 $60,171
2021 $1,946 $147,489 $88,497 $58,992
2020 $1,962 $145,978 $87,590 $58,388
2019 $1,891 $143,117 $85,873 $57,244
2018 $1,819 $140,312 $84,190 $56,122
2016 $1,732 $134,866 $80,922 $53,944
2015 $1,708 $132,841 $79,707 $53,134
2014 $1,723 $130,240 $78,146 $52,094
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24096018

California Regional Multiple Listing Service (CRMLS)

APN: 2405-020-033