Seller's Agent in 2022
James Casey
Harcourts Prime Properties
(818) 641-9050
7 in this area
24 Total Sales
901 E Magnolia Blvd Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,414,060 - $1,620,000
3
Beds
2
Baths
1,425
Sq Ft
$1,062/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Above Ground Spa
- Wood Flooring
- Ralph Emerson Elementary School Rated A-
- Updated Kitchen
- Main Floor Bedroom
About This Home
As of November 2022Luxury Live Auction! Bidding to start from $900,000! Charming Spanish Bungalow above Glenoaks is in remarkable condition with all the character and detail of the 1920's. The owners have lovingly maintained this home and added a beautiful kitchen and outdoor recreation area with a built-in gas grill, fire pit, awnings and spa. The focal point of the home is the barrel-vaulted living room with hardwood floors, a faux Batchelder tiled fireplace, three arched windows facing the front yard and two large, original casement windows facing the side yard. Relax on your private front porch or enjoy shaded afternoons and cozy evenings on your back patio. The kitchen has been completely updated with new blond wood cabinets, black granite countertops, a stainless double sink, stainless appliances (including a DCS commercial grade, 5 burner gas stove/oven). There are new floors in the kitchen that run into the front sunroom/family room. The owners had drawn up plans for an addition before finding a home with more acreage outside the city. See HomeBook for copies of those plans. The previous owners had run a home-based business out of the front sun room/family room which has it's own separate door to the front porch. Be sure to download the HomeBook from Supplements with additional photos and details of this home.
PRESENT OFFERS IN ADVANCE TO CANCEL THE AUCTION. Inspection reports and all seller disclosures available for review prior to offer. THIS IS A
NON-DISTRESSED AUCTION PROPERTY; NOT IN FORECLOSURE. Contact Listing Agent with Auction Questions.
Last Agent to Sell the Property
Harcourts Prime Properties License #01380677 Listed on: 10/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,058
Year Built
- Built in 1926 | Remodeled
Lot Details
- 7,598 Sq Ft Lot
- Block Wall Fence
- Drip System Landscaping
- Rectangular Lot
- Sprinkler System
- Back Yard
- Property is zoned BUR1YY
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Spanish Architecture
- Bungalow
- Barrel Roof Shape
- Pillar, Post or Pier Foundation
- Combination Foundation
- Rolled or Hot Mop Roof
- Clay Roof
- Concrete Perimeter Foundation
- Seismic Tie Down
- Copper Plumbing
- Stucco
Interior Spaces
- 1,425 Sq Ft Home
- 1-Story Property
- Decorative Fireplace
- Awning
- Wood Frame Window
- Casement Windows
- Family Room
- Living Room with Fireplace
- Dining Room
- Neighborhood Views
- Unfinished Basement
- Utility Basement
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Gas Oven
- Ice Maker
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Pool
- Above Ground Spa
- Fiberglass Spa
Outdoor Features
- Patio
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
- Front Porch
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tax Lot 51
- Tax Tract Number 4371
- Assessor Parcel Number 2456007011
- $272 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Foothills
- Mountainous Community
Recreation
- Golf Course Community
- Park
- Dog Park
- Horse Trails
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2022
Closed on
Oct 25, 2022
Sold by
Rinell Family Trust
Bought by
Avanessian Ads and Tasior Lindsay
Seller's Agent
James Casey
Harcourts Prime Properties
Buyer's Agent
Narine Avanessian
The Agency
List Price
$900,000
Sold Price
$1,230,000
Premium/Discount to List
$330,000
36.67%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,323
Avg. Annual Appreciation
7.89%
Original Mortgage
$830,000
Outstanding Balance
$805,048
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$708,467
Purchase Details
Closed on
Nov 5, 2020
Sold by
Rinell David N and Rinell Jody L
Bought by
Rinell David Neil and Rinell Jody Lee
Purchase Details
Closed on
Apr 29, 2020
Sold by
Rinell Jody Lee and Rinell Jody Lee
Bought by
Rinell David N and Rinell Jody L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2008
Sold by
Cipes Jody L
Bought by
Rinell Jody Lee and Cipes Jody L
Purchase Details
Closed on
Sep 1, 2000
Sold by
Cipes Jody L
Bought by
Jody Lee Cipes Living Trust
Purchase Details
Closed on
Feb 25, 2000
Sold by
Melchiorre Steven F
Bought by
Cipes Jody L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
7.5%
Purchase Details
Closed on
Dec 17, 1997
Sold by
Melchiorre Steven Frank and Crane Robyn Linnea
Bought by
Melchiorre Steven Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.22%
Purchase Details
Closed on
Mar 13, 1996
Sold by
Madariaga Claudio B and Madariaga Nino
Bought by
Melchiorre Steven Frank and Crane Robyn Linnea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,200
Interest Rate
7.41%
Mortgage Type
Balloon
Purchase Details
Closed on
Nov 28, 1995
Sold by
Graves James Robert and Smith Judith Kay
Bought by
Madariaga Claudio B and Madariaga Nino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.85%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Avanessian Ads | $1,230,000 | Chicago Title | |
| Rinell David Neil | -- | None Available | |
| Rinell David N | -- | None Available | |
| Rinell David N | -- | Corinthian Title Company Inc | |
| Rinell Jody Lee | -- | None Available | |
| Jody Lee Cipes Living Trust | -- | -- | |
| Cipes Jody L | $307,000 | Equity Title | |
| Melchiorre Steven Frank | -- | First American Title Ins Co | |
| Melchiorre Steven Frank | $226,500 | American Title Co | |
| Madariaga Claudio B | $165,000 | American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Avanessian Ads | $830,000 | |
| Previous Owner | Rinell David N | $196,000 | |
| Previous Owner | Rinell Jody Lee | $302,650 | |
| Previous Owner | Jody Lee Cipes Living Trust | $304,500 | |
| Previous Owner | Jody Lee Cipes Living Trust | $75,000 | |
| Previous Owner | Cipes Jody L | $230,250 | |
| Previous Owner | Melchiorre Steven Frank | $181,000 | |
| Previous Owner | Melchiorre Steven Frank | $181,200 | |
| Previous Owner | Madariaga Claudio B | $123,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2022 11/16/22 | Sold | $1,230,000 | +36.7% | $863 / Sq Ft |
| 10/25/2022 10/25/22 | Pending | -- | -- | -- |
| 10/13/2022 10/13/22 | For Sale | $900,000 | -- | $632 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,058 | $1,279,691 | $1,023,753 | $255,938 |
| 2024 | $14,058 | $1,254,600 | $1,003,680 | $250,920 |
| 2023 | $13,908 | $1,230,000 | $984,000 | $246,000 |
| 2022 | $4,998 | $444,616 | $339,624 | $104,992 |
| 2021 | $4,974 | $435,899 | $332,965 | $102,934 |
| 2020 | $4,918 | $431,430 | $329,551 | $101,879 |
| 2019 | $4,775 | $422,972 | $323,090 | $99,882 |
| 2018 | $4,636 | $414,679 | $316,755 | $97,924 |
| 2016 | $4,394 | $398,578 | $304,456 | $94,122 |
| 2015 | $4,305 | $392,592 | $299,883 | $92,709 |
| 2014 | $4,297 | $384,902 | $294,009 | $90,893 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2022
Narine Avanessian
The Agency
(818) 515-6338
1 in this area
3 Total Sales
-
Buyer Co-Listing Agent in 2022
Chris Reisbeck
The Agency
(818) 298-6413
1 in this area
62 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22220431
APN: 2456-007-011
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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