NOT LISTED FOR SALE

7723 Via Sorrento Unit 14 Burbank, CA 91504

Shadow Hills Neighborhood

Estimated Value: $581,000 - $654,648

2 Beds
2 Baths
1,151 Sq Ft
$540/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $540,000 $469 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,685/month

5 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • 5.25 Acre Lot
  • John H. Francis Polytechnic Rated A-
  • No Units Above
  • Open Floorplan

About This Home

As of May 2023

This is a blank canvas ready to complete a wonderful home! This townhouse is in perfect condition ready for renovation in exactly the right way you want! Open floor plan makes townhouse feel bigger than it is. First level is the two car garage with enclosed office and laundry room. Laundry room has newer washer and dryer. Second level has living, dining, kitchen, and powder room as well as front entry. Third level is situated by master bedroom, sliding door to access private balcony, and walk in closet. The large second bedroom has wide wardrobe closet. Both bedrooms are separated by a Jack and Jill bathroom. Bathroom has a very new low-step shower for very easy access. Enclosed room in garage area is perfect as an office or storage room. Patio accessed by living room sliding door is private and covered and great for reading a book. Cabrini Villas HOA is designed for the outdoorsy personality with 8 swimming pools, 5 hot tubs, 6 tennis courts, volleyball and basketball courts! Nestled along the Verdugo mountain foothills, the development has lush greenery with lots of trees and gardens. The clubhouse adjacent the tennis courts is available for rent gatherings and parties. The overall feeling of the neighborhood brings with it a sense calm and peaceful atmosphere while being right in the city!

Last Agent to Sell the Property

Anthony Terranova

Equity Union License #01092138 Listed on: 03/29/2023

Equity Union

Last Buyer's Agent

Milla Goldenberg

Judy Graff Properties License #02018944

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,707

Year Built

  • Built in 1975

Lot Details

  • Property fronts a private road
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $676 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway Level
  • On-Street Parking

Home Design

  • Fixer Upper
  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,151 Sq Ft Home
  • Open Floorplan
  • Decorative Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Storage

Kitchen

  • Gas Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Laminate Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 19
  • Tax Tract Number 27209
  • Assessor Parcel Number 2401043019
  • $177 per year additional tax assessments

Community Details

Overview

  • 863 Units
  • Cabrini Villas HOA, Phone Number (818) 504-9600
  • Infinity Property Services HOA
  • Mountainous Community

Amenities

  • Clubhouse
  • Banquet Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,707

Year Built

Built in 1975

Lot Details

0

HOA Fees

$676 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security
  • View: No
  • Zoning: LARD2
  • Property Condition: Fixer
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2401043019
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1151.00 Square Feet
  • Interior Amenities: Laminate Counters, Open Floorplan, Storage
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Fireplace Features: Living Room, Gas, Decorative
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 469.16
  • Room Type: All Bedrooms Up, Entry, Jack & Jill, Kitchen, Laundry, Living Room, Master Bedroom, Office
  • Spa Features: Association, Gunite, In Ground
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower, Exhaust Fan(s), Hollywood Bathroom (Jack&Jill)
  • Room Kitchen Features: Formica Counters, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Covered, Slab, Wood
  • Pool Features: Association, Gunite, Gas Heat, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking Features: Direct Garage Access, Paved, Driveway Level, Garage Door Opener, Private, Side by Side, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Microwave
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Clubhouse, Banquet Facilities, Earthquake Insurance, Sewer, Water, Pet Rules, Security
  • Association Fee: 676.00
  • Association Fee Frequency: Monthly
  • Association Name: Cabrini Villas HOA
  • Phone: 818-504-9600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Mountainous, Sidewalks, Street Lights, Urban
  • Association Management: Infinity Property Services

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 228610.00
  • Lot Size Acres: 5.2482
  • Latitude Manual: 34.21048600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 228610.0000 Square Feet
  • Number Of Units In Community: 863
  • Number Of Units Total: 863

Tax Info

  • Tax Census Tract: 1021.04
  • Tax Lot: 19
  • Tax Tract Number: 27209
  • TaxOtherAnnualAssessmentAmount: 177.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 26, 2023
Sold by
Terranova Joseph T
Bought by
Terranova Irrevocable Trust and Terranova
Seller's Agent
Anthony Terranova
Equity Union
Buyer's Agent
Milla Goldenberg
Judy Graff Properties
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%
Views
156
Current Estimated Value
$621,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,662
Avg. Annual Appreciation
6.94%
Original Mortgage
$432,000
Outstanding Balance
$421,607
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$200,055

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 10, 2023
Sold by
Terranova Irrevocable Trust
Bought by
Mkrtchyan Narine
Seller's Agent
Anthony Terranova
Equity Union
Buyer's Agent
Milla Goldenberg
Judy Graff Properties
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$421,607
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$200,055
Source: Public Records

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Range of Values:

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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
Terranova Irrevocable Trust -- Chicago Title Company
Mkrtchyan Narine $540,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mkrtchyan Narine $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $540,000 +2.1% $469 / Sq Ft
05/09/2023 05/09/23 For Sale $529,000 0.0% $460 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $529,000 -- $460 / 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
2024 $6,707 $550,800 $374,952 $175,848
2023 $1,307 $100,729 $42,097 $58,632
2022 $1,247 $98,755 $41,272 $57,483
2021 $1,224 $96,819 $40,463 $56,356
2019 $1,187 $93,950 $39,264 $54,686
2018 $1,174 $92,109 $38,495 $53,614
2016 $1,107 $88,534 $37,001 $51,533
2015 $1,091 $87,205 $36,446 $50,759
2014 $1,101 $85,498 $35,733 $49,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23051335

California Regional Multiple Listing Service (CRMLS)

APN: 2401-043-019