NOT LISTED FOR SALE

905 E Olive Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $2,126,000 - $2,710,000

3 Beds
2.5 Baths
2,983 Sq Ft
$820/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $1,375,000 $461 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $14,493/month

26 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • 15,012 Sq Ft lot
  • Ralph Emerson Elementary School Rated A-
  • Peek-A-Boo Views
  • Colonial Architecture

About This Home

As of August 2016

Breathtaking Spanish colonial majestically perched in the hills of Burbank.This attractive home is befitting of a king or queen,yet has been loved for 20+ years by the Emmy award winning producer of "The Simpsons".This happy home has been updated and respectfully restored.Your new residence offers an amazing open floor plan featuring exquisite hardwoods,character built-ins and South American Gumwood doors throughout.The living room is massively impressive and flows effortlessly into the office or lower level en suite bedroom.Upstairs you will retreat to 2 master suites with dressing /vanity rooms.Open and airy with plantation shutters and a picturesque view from every window.Imagine living in this beautiful pool home -3bedroom 3bathrooms; nearly 3000 square feet situated on a massive 15,000 square foot lot .Enjoy years of social mixing and entertaining while basking in the grandeur of the "Ah provoking" backyard.Olive Avenue exemplifies the Craftsmanship Old Hollywood w/modern living.

Last Agent to Sell the Property

Erica Jones

eXp Realty of California Inc License #01870233 Listed on: 07/11/2016

eXp Realty of California Inc

Last Buyer's Agent

James Pearson

License #00573171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,519

Year Built

  • Built in 1927

Lot Details

  • 0.34 Acre Lot
  • Property is zoned BUR1YY

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,983 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Formal Entry
  • Dining Room
  • Den
  • Wood Flooring
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Dressing Area

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2456-018-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,519

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 2983
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 469.29

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2456-018-018
  • Geocode Override: No
  • Lot Size Area: 15012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Jul 20, 2016
Sold by
Pietila Bonita and The Bonita Pietila Trust
Bought by
Derrico Justin and Turton Clare
Seller's Agent
Erica Jones
eXp Realty of California Inc
Buyer's Agent
James Pearson
List Price
$1,399,900
Sold Price
$1,375,000
Premium/Discount to List
-$24,900
-1.78%
Current Estimated Value
$2,446,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,071,184
Avg. Annual Appreciation
6.96%
Original Mortgage
$1,100,000
Outstanding Balance
$879,202
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,648,471

Purchase Details

Closed on
Feb 5, 1998
Sold by
Pietila Bonita
Bought by
Pietila Bonita and Bonita Pietila Trust

Purchase Details

Closed on
Jan 26, 1994
Sold by
Bayles Jerry and Pietila Bonita
Bought by
Pietila Bonita
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
Derrico Justin $1,375,000 Pacific Coast Title Company
Pietila Bonita -- --
Pietila Bonita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derrico Justin $1,100,000
Previous Owner Pietila Bonita $326,000
Previous Owner Pietila Bonita $350,000
Previous Owner Pietila Bonita $250,000
Previous Owner Pietila Bonita $200,000
Previous Owner Pietila Bonita $292,000
Previous Owner Pietila Bonita $292,000
Previous Owner Pietila Bonita $68,000
Previous Owner Pietila Bonita L $302,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $1,375,000 -1.8% $461 / Sq Ft
08/06/2016 08/06/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $1,399,900 -- $469 / Sq Ft
Source: The MLS

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 $17,519 $1,595,800 $1,194,124 $401,676
2024 $17,519 $1,564,510 $1,170,710 $393,800
2023 $17,331 $1,533,834 $1,147,755 $386,079
2022 $16,546 $1,503,759 $1,125,250 $378,509
2021 $16,480 $1,474,275 $1,103,187 $371,088
2019 $15,811 $1,430,549 $1,070,467 $360,082
2018 $15,629 $1,402,500 $1,049,478 $353,022
2016 $5,917 $530,971 $388,917 $142,054
2015 $5,798 $522,997 $383,076 $139,921
2014 $5,789 $512,754 $375,573 $137,181
Source: Public Records

Agents Affiliated with this Home

  • Erica Jones

    Seller's Agent in 2016

    Erica Jones

    eXp Realty of California Inc

    (310) 402-9411

    13 Total Sales

    Erica Jones
    Section Image

  • J

    Buyer's Agent in 2016

    James Pearson

See All Agents

Map

Source: The MLS

MLS Number: 16-142772

The MLS

APN: 2456-018-018

California Los Angeles County Burbank 91501 Hillside District

905 E Olive Ave, Burbank, CA

This home is located at 905 E Olive Ave, Burbank, CA 91501 since 11 July 2016 and is currently estimated at $2,446,184, approximately $820 per square foot. This property was built in 1927. 905 E Olive Ave is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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