NOT LISTED FOR SALE

Estimated Value: $1,510,000 - $1,731,930

2 Beds
2 Baths
2,175 Sq Ft
$740/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $950,000 $437 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $9,560/month

Highlights

  • Black Bottom Pool
  • Primary Bedroom Suite
  • Property is near public transit
  • Thomas Edison Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Traditional Architecture

About This Home

As of January 2019

Double lot! You won't believe the magnificence behind the simple facade. Fix up this amazing property and make it your Burbank Dream Home, the envy of your friends and family! It's hard to find a property such as this, with classic 1930's construction and character, expanded with large separate living and family rooms, an enormous Hollywood-style master bedroom suite, formal dining plus a breakfast bar separating the kitchen and family room. A garage conversion with it's own bath, creates additional space with so many different uses, originally converted as a dance studio, and previously used as an office, craft studio, over-flow guest-quarters and more. This home is built in the center of 2 lots totaling over 11,500 square feet, all flat and usable. More recent improvements include a newer roof, many new windows, exterior paint and a solar energy system. The large and private yard features a gorgeous black-bottom pool with an elevated spa and waterfall feature. Majestic twin palms stand like sentinels and when illuminated, produce a dramatic landmark effect. The large lot offers room for further expansion. In its heyday, this special home played host to the Hollywood elite like a Palm Springs resort in the heart of Burbank. There is so much history here and a great vibe ready for the new owner. This is the first time this home has been on the market since 1972, and being sold by the second owner. Don't miss this golden opportunity!

Last Agent to Sell the Property

Jon Trunk

Equity Union License #01018272 Listed on: 09/07/2018

Co-Listed By

Bonnie Davis

Equity Union License #00961945

Last Buyer's Agent

Daniel Shalvardzhyan

Compass License #01937402

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,743

Year Built

  • Built in 1936

Lot Details

  • 0.27 Acre Lot
  • East Facing Home
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned BUR1YY

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Frame Window
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Pool Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • Parking Available
  • Driveway

Pool

  • Black Bottom Pool
  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa
  • Waterfall Pool Feature

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Shed

Additional Features

  • Solar owned by seller
  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 383
  • Tax Tract Number 6552
  • Assessor Parcel Number 2449005018

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,743

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: BUR1YY
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2449005018
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2175.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 436.78
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Spa Features: Private, Gunite, Heated
  • Window Features: Wood Frames
  • Bathroom Features: Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Jetted Tub, Linen Closet/Storage, Privacy Toilet Door, Soaking Tub, Stone Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Utility Sink

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Other Structures: Shed(s)
  • View: Pool
  • Patio And Porch Features: Slab
  • Pool Features: Private, Black Bottom, Filtered, Gunite, Heated, Gas Heat, In Ground, Waterfall
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 11621.00
  • Lot Size Acres: 0.2668

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11621.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3109.00
  • Tax Lot: 383
  • Tax Tract Number: 6552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Dec 4, 2018
Sold by
Squire Robert Harvey and The Robert Harvey Squie Revoca
Bought by
Shalvardzhyan Arman and Bakalian Janet
Seller's Agent
Jon Trunk
Equity Union
Buyer's Agent
Daniel Shalvardzhyan
Compass
List Price
$1,099,000
Sold Price
$950,000
Premium/Discount to List
-$149,000
-13.56%
Current Estimated Value
$1,610,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,483
Avg. Annual Appreciation
8.24%
Original Mortgage
$726,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2016
Sold by
The Robert Harvey Squire Revocable Livin
Bought by
Squire Robert Harvey and The Robert Harvey Squire Revoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2011
Sold by
Squire Robert H
Bought by
The Robert Harvey Squire Revocable Livin
Source: Public Records

Range of Values:

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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
Shalvardzhyan Arman $950,000 None Available
Squire Robert Harvey -- Chicago Title
The Robert Harvey Squire Revocable Livin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shalvardzhyan Arman $165,800
Open Shalvardzhyan Arman $450,000
Closed Shalvardzhyan Arman $250,000
Open Shalvardzhyan Arman $726,525
Closed Shalvardzhyan Arman $726,000
Previous Owner Squire Robert Harvey $415,000
Previous Owner Squire Robert Harvey $162,000
Previous Owner Squire Robert H $451,100
Previous Owner Squire Robert H $460,000
Previous Owner Squire Robert H $100,000
Previous Owner Squire Robert H $290,000
Previous Owner Squire Robert H $250,000
Previous Owner Squire Robert H $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2019 01/02/19 Sold $950,000 -13.6% $437 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $1,099,000 -- $505 / 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 $11,743 $1,059,738 $635,844 $423,894
2024 $11,743 $1,038,960 $623,377 $415,583
2023 $11,619 $1,018,589 $611,154 $407,435
2022 $11,145 $998,618 $599,171 $399,447
2021 $11,100 $979,038 $587,423 $391,615
2020 $10,929 $969,000 $581,400 $387,600
2019 $8,163 $208,331 $68,985 $139,346
2018 $11,699 $204,247 $67,633 $136,614
2016 $2,239 $196,317 $65,007 $131,310
2015 $2,195 $193,369 $64,031 $129,338
2014 $2,199 $189,582 $62,777 $126,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18215318

California Regional Multiple Listing Service (CRMLS)

APN: 2449-005-018