NOT LISTED FOR SALE

Estimated Value: $1,462,000 - $1,700,000

3 Beds
2 Baths
1,786 Sq Ft
$883/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $876,816 $491 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,741/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Traditional Architecture
  • Dolores Huerta Middle School Rated A-
  • Property is near public transit
  • Wood Flooring

About This Home

As of July 2016

Beautifully maintained three bedroom and two full bathroom 1939 Magnolia Park home has architectural features throughout. Lovingly preserved arches, original doors (and door knobs), oak floors, door bell chimes, fireplace and surround, and period light fixtures are just some of the highlights. The vintage look of this home is enhanced with many energy efficient upgrades. Some of the important upgrades are the dual zoned newer forced air heating and air conditioning, dual pane windows, water conditioner, copper plumbing, electrical upgrades and new rain gutters. This light, bright and spotless home has a completely walled back yard with a mature shade tree and great privacy. Centrally located the Magnolia Park District of Burbank, where you have easy access to the T.V. and Movie studios, freeways (5, 101, 170, 134), great Burbank schools, restaurants (Porto's is walking distance) and Magnolia Boulevard shopping.

Last Agent to Sell the Property

Mary Larson

Pinnacle Estate Properties, Inc. License #00555704 Listed on: 05/12/2016

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Michelle Hamer

No Firm Affiliation License #01966678

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,109

Year Built

  • Built in 1939

Lot Details

  • 6,665 Sq Ft Lot
  • Lot Dimensions are 134x50
  • East Facing Home
  • Fenced
  • Stucco Fence
  • Rectangular Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Front and Back Yard Sprinklers
  • Lawn
  • Back Yard
  • On-Hand Building Permits

Parking

  • 1 Car Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • City Lights
  • Peek-A-Boo
  • Mountain

Home Design

  • Traditional Architecture
  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Coffered Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Panel Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Storage

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Ceramic Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Termite Clearance

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Screened Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Tax Lot 142
  • Tax Tract Number 7897
  • Assessor Parcel Number 2480008008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,109

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Building Permit, Termite Clearance, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2480008008
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1786.00
  • Interior Amenities: Ceramic Counters, Ceiling Fan(s), Coffered Ceiling(s), Copper Plumbing Partial, Pantry, Storage, Tile Counters, Wainscoting
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Panel Doors, Service Entrance
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 490.94
  • Room Type: Entry, Formal Entry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: City Lights, Mountain(s), Peek-A-Boo
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Concrete, Front Porch, Screened Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Range Hood, Self Cleaning Oven, Water Line to Refrigerator, Water Purifier
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s), Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Burbank Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Corners Marked, Level, Lawn, Rectangular Lot, Lot 6500-9999, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Sprinkler System, Near Public Transit
  • Lot Size: 134x50
  • Lot Size Sq Ft: 6665.00
  • Price Per Lot Square Foot: 131.56

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 142
  • Tax Tract Number: 7897

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 10, 2016
Sold by
Myerberg Paul
Bought by
Blum Jason and Blum Eve
Seller's Agent
Mary Larson
Pinnacle Estate Properties, Inc.
Buyer's Agent
Michelle Hamer
No Firm Affiliation
List Price
$1,049,000
Sold Price
$876,816
Premium/Discount to List
-$172,184
-16.41%
Total Days on Market
29
Current Estimated Value
$1,576,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,473
Avg. Annual Appreciation
6.05%
Original Mortgage
$700,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2012
Sold by
Myerberg Paul H
Bought by
Myerberg Paul H and Myerberg Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
J & P Inflation Strategies Llc
Bought by
Myerberg Paul H and Myerberg Janet L

Purchase Details

Closed on
Jul 13, 2011
Sold by
Myerberg Paul
Bought by
J & P Inflation Strategies Llc

Purchase Details

Closed on
Oct 29, 1999
Sold by
Myerberg Paul
Bought by
Myerberg Paul and Myerberg Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Blum Jason $877,000 Priority Title Company
Myerberg Paul H -- Investors Title Company
Myerberg Paul H -- None Available
J & P Inflation Strategies Llc -- None Available
Myerberg Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blum Jason $150,000
Previous Owner Blum Jason $700,000
Previous Owner Myerberg Paul H $200,000
Previous Owner Myerberg Paul $40,000
Previous Owner Myerberg Paul $75,100
Previous Owner Myerberg Paul $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $876,816 -16.4% $491 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $1,049,000 -- $587 / 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 $11,109 $997,641 $702,264 $295,377
2023 $10,989 $978,081 $688,495 $289,586
2022 $10,488 $958,904 $674,996 $283,908
2021 $10,447 $940,103 $661,761 $278,342
2019 $10,021 $912,221 $642,134 $270,087
2018 $9,925 $894,336 $629,544 $264,792
2016 $2,192 $196,084 $107,469 $88,615
2015 $2,148 $193,139 $105,855 $87,284
2014 $2,150 $189,357 $103,782 $85,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16102351

California Regional Multiple Listing Service (CRMLS)

APN: 2480-008-008