NOT LISTED FOR SALE

7537 Security Ave Burbank, CA 91504

Sun Valley Neighborhood

Estimated Value: $1,067,000 - $2,122,000

3 Beds
3 Baths
1,719 Sq Ft
$816/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $645,000 $375 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,260/month

51 Days on Market

Highlights

  • 0.4 Acre Lot
  • Air Conditioning
  • Carpet
  • Verdugo Hills Senior High School Rated A-
  • 1-Story Property
  • Heating System Mounted To A Wall or Window

About This Home

As of January 2017

Investors Dream, 2 upgraded units, single story duplex, separate driveways, with unlimited opportunities! Large Lot. RV access on vacant lot. Great Location! Centrally Located, close freeway and airport.

Last Agent to Sell the Property

Mike Lefton

Century 21 Everest Listed on: 11/09/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.4 Acre Lot

Parking

  • Driveway

Home Design

  • Composition Shingle Roof
  • Composition Shingle

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • Assessor Parcel Number 2405019033

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Unit Levels: One
  • Prop. Type: Residential Income
  • Year Built: 1937
  • Lot Size Acres: 0.4
  • Subdivision Name: Not Applicable
  • General Property Information:Zoning2: LAR 1
  • Property Info:View: No
  • Property Info:Pool: No
  • Property Info:Spa: No
  • Property Info:Fireplace: No
  • Roofing:Composition Shingle: Yes
  • Flooring:Carpet: Yes
  • Levels:One: Yes
  • Flooring:Laminated: Yes
  • Flooring:Linoleum: Yes
  • Cooling Type:Air Conditioning: Yes
  • General Property Information:Construction Status: Unknown
  • Lot Description:Yard: Yes
  • Laundry Locations:Laundry Area: Yes
  • Cooling Type:Wall or Window Units: Yes
  • Laundry Locations:Inside: Yes
  • Property Info:Water Heater: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Laminated, Linoleum
  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1719.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Private: No
  • View: No
  • Roof: Composition Shingle

Garage/Parking

  • Parking Features:Driveway: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Air Conditioning, Wall or Window Units
  • Heating Yn: Yes
  • Heating: Wall Heater
  • Laundry Features: Inside, Laundry Area
  • Heating Type:Wall Heater: Yes

Green Features

Lot Info

  • Lot Size Sq Ft: 17552.0
  • Parcel #: 2405019033
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 533

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2016
Closed on
Dec 19, 2016
Sold by
Airabedian Sevak
Bought by
Mirzoyan Varduhi
Seller's Agent
Mike Lefton
Century 21 Everest
List Price
$645,000
Sold Price
$645,000
Current Estimated Value
$1,403,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,079
Avg. Annual Appreciation
9.05%
Original Mortgage
$516,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2016
Closed on
Nov 23, 2016
Sold by
Meier Richard W
Bought by
Mirzoyan Varduhi
Seller's Agent
Mike Lefton
Century 21 Everest
List Price
$645,000
Sold Price
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2013
Sold by
Bohn John Edmond
Bought by
Bohn Ella B

Purchase Details

Closed on
Sep 27, 2012
Sold by
Bohn John Edmond and Meier Richard W
Bought by
Meier Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.34%

Purchase Details

Closed on
May 3, 1996
Sold by
Bohn Ella B
Bought by
Meier Nikki L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mirzoyan Varduhi -- Consumers Title C9mpany
Mirzoyan Varduhi $645,000 Consumers Title Company
Douglas Roger L -- Consumers Title Company
Meier Richard W -- Consumers Title Company
Bohn Ella B -- None Available
Meier Richard W -- Chicago Title Insurance Co
Meier Nikki L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mirzoyan Varduhi $516,000
Previous Owner Meier Richard W $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2017 01/18/17 Sold $645,000 0.0% $375 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $645,000 -- $375 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $11,074 $895,160 $611,623 $283,537
2024 $11,074 $877,609 $599,631 $277,978
2023 $10,865 $860,402 $587,874 $272,528
2022 $10,370 $843,533 $576,348 $267,185
2021 $10,236 $826,995 $565,048 $261,947
2020 $10,336 $818,517 $559,255 $259,262
2019 $9,495 $770,057 $548,290 $221,767
2018 $8,146 $657,900 $537,540 $120,360
2016 $1,114 $72,704 $49,065 $23,639
2015 $1,101 $71,612 $48,328 $23,284
2014 $1,124 $70,210 $47,382 $22,828
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mike Lefton

    Century 21 Everest

See All Agents

Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 216015554

Conejo Simi Moorpark Association of REALTORS®

APN: 2405-019-033

California Los Angeles County Burbank 91504 Sun Valley

7537 Security Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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