$505,000
SOLD AUG 5, 2014

Burbank, CA 91505

Magnolia Park Neighborhood
2 Beds
1 Bath
928 Sq Ft
7,013 Sq Ft Lot

Recently Sold

$544 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • No HOA
  • Thomas Edison Elementary School Rated A
  • Wood Flooring
  • Covered patio or porch

About This Home

As of December 2014

Move right into this cute as a button charming 2 bedroom1 bath Burbank home. Original, well-maintained hardwood floors with a pleasant, well-lit breakfast area. This adorable home has been freshly painted throughout and boasts abundant closet and storage space right down to a storage shed in the voluminous backyard where you can enjoy fruit from your very own tree. You will fall in love with this diamond in the rough.

Last Agent to Sell the Property

Bambi Olesiuk

No Firm Affiliation License #00980705 Listed on: 06/24/2014

No Firm Affiliation

Last Buyer's Agent

Desi Kepe

Wealthpoint Realty Solutions License #01359918

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,891

Year Built

  • Built in 1940

Lot Details

  • 7,013 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Ranch Style House
  • Raised Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Composition Roof
  • Plaster

Interior Spaces

  • 928 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Storage
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Shed

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 7479
  • Assessor Parcel Number 2478024023

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,891

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, refrigerator, microwave, washer, and dryer
  • Other Phone Description: 818-406-7144
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2478024023
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 928.00
  • Interior Amenities: Block Walls, Ceiling Fan(s), Recessed Lighting, Storage
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 544.18
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Patio And Porch Features: Covered, Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Plaster

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage, Built-In Storage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Inside, Individual Room, Washer Hookup, Washer Included
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Burbank Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Park Nearby, Near Public Transit
  • Lot Size Sq Ft: 7013.00
  • Lot Size Acres: 0.1610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7013.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 45
  • Tax Tract Number: 7479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Avanessian Narine and Hacobiance Norvan
Bought by
Hacobiance Norvan and Avanessian Narine
Current Estimated Value
$1,589,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,005
Outstanding Balance
$566,505
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,023,485

Purchase Details

Listed on
Nov 20, 2014
Closed on
Dec 29, 2014
Sold by
Avenessian Narine
Bought by
Avanesslan Narine and Hacobiance Norvan
Seller's Agent
Desi Kepe
Wealthpoint Realty Solutions
List Price
$839,850
Sold Price
$820,900
Premium/Discount to List
-$18,950
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$615,675
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2014
Closed on
Dec 23, 2014
Sold by
Lee R and The 906 Frederic Street Trust
Bought by
Avanessian Narine
Seller's Agent
Desi Kepe
Wealthpoint Realty Solutions
List Price
$839,850
Sold Price
$820,900
Premium/Discount to List
-$18,950
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,675
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2014
Closed on
Dec 16, 2014
Sold by
Hacobiance Norvan
Bought by
Avanessian Narine
Seller's Agent
Desi Kepe
Wealthpoint Realty Solutions
List Price
$839,850
Sold Price
$820,900
Premium/Discount to List
-$18,950
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,675
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2014
Closed on
Jul 9, 2014
Sold by
Vanallyn Lorraine L and The Van Allyn Family Trust
Bought by
Lee R and The 906 Frederic Street Trust
Seller's Agent
Bambi Olesiuk
No Firm Affiliation
Buyer's Agent
Desi Kepe
Wealthpoint Realty Solutions
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
227.06%
Original Mortgage
$525,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2010
Sold by
Vanallyn Keith and Vanallyn Van Allyn
Bought by
Vanallyn Lorraine L and Vanallyn Van Allyn
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed -- None Available
Grant Deed $821,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $505,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Open $623,005 New Conventional
Closed $615,675 New Conventional
Closed $122,300 Credit Line Revolving
Previous Owner $525,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $820,900 -2.3% $395 / Sq Ft
12/04/2014 12/04/14 Pending -- -- --
11/20/2014 11/20/14 For Sale $839,850 +66.3% $404 / Sq Ft
08/05/2014 08/05/14 Sold $505,000 +1.0% $544 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $500,000 -- $539 / 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 $10,891 $986,590 $589,984 $396,606
2024 $10,891 $967,246 $578,416 $388,830
2023 $10,776 $948,281 $567,075 $381,206
2022 $10,287 $929,688 $555,956 $373,732
2021 $10,245 $911,459 $545,055 $366,404
2020 $10,132 $902,114 $539,467 $362,647
2019 $9,830 $884,427 $528,890 $355,537
2018 $9,728 $867,086 $518,520 $348,566
2016 $9,237 $833,418 $498,386 $335,032
2015 $9,000 $820,900 $490,900 $330,000
2014 $677 $58,353 $38,775 $19,578
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bambi Olesiuk

    No Firm Affiliation

    Section Image

  • D

    Seller's Agent in 2014

    Desi Kepe

    Wealthpoint Realty Solutions

    (818) 717-0451

    1 in this area

    21 Total Sales

    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14135079

California Regional Multiple Listing Service (CRMLS)

APN: 2478-024-023

California Los Angeles County Burbank 91505

Magnolia Park

This home and is currently priced at $505,000, approximately $544 per square foot. This property was built in 1940. This home is a home located in Los Angeles County with nearby schools including Thomas Edison Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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