NOT LISTED FOR SALE

Estimated Value: $1,238,000 - $1,417,070

3 Beds
2 Baths
1,452 Sq Ft
$900/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $1,210,000 $833 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,196/month

68 Days on Market

Highlights

  • Detached Guest House
  • Secluded Lot
  • Engineered Wood Flooring
  • Thomas Edison Elementary School Rated A
  • Traditional Architecture
  • High Ceiling

About This Home

As of December 2023

Rare opportunity to own a tranquil and private oasis in the heart of Magnolia Park! Featuring a detached studio space and exceptional charm, this property takes advantage of its large lot to showcase the best of indoor/outdoor living. The home's "double yard" has drought tolerant landscaping and plenty of room for a pool and spa -- perfect as is but the possibilities are endless. The open living/dining room flows effortlessly into an updated kitchen with new butcher block counters, new stainless steel range, oven, and stove, new farmhouse sink, and designer finishes. High, exposed beam ceilings and oversized windows let in plenty of light. Recent renovations include new recessed lights, new fixtures, central air and heat, tankless water heaters, remodeled full bath and new engineered hardwood floors. Half a block to the Chandler Bike Path, around the corner from fine dining, cafes, specialty shops, Pinocchio's and PORTOS! Close to several Major Studios, downtown Burbank, and the highly rated Roosevelt Elementary School. The home has been lovingly maintained and improved over the years by the owners; highlights include: partial roof replacement, all copper plumbing, drought tolerant landscaping, new security system, upgraded drainage system and much more (full list available upon request).

Last Agent to Sell the Property

Michael Rachlis

Compass License #01953738 Listed on: 09/15/2023

Compass

Last Buyer's Agent

JC Kung

FIRST TEAM REAL ESTATE License #01930843

FIRST TEAM REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,506

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 6,722 Sq Ft Lot
  • Lot Dimensions are 50x135
  • South Facing Home
  • Gated Home
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Secluded Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned BUR1YY

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Decorative Fireplace
  • Garden Windows
  • Sliding Doors
  • Dining Area
  • Home Office

Kitchen

  • Kitchenette
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Detached Guest House
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2478-020-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,506

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Ground Level
  • Street Number Display: Yes
  • Disability Access: No Interior Steps
  • Entry Location: Ground Level - no steps
  • Exclusions: Kitchenette in the detached studio is not included in sale, but may be purchased from owner or removed before COE.
  • Living Area: 1452
  • Lot Acreage: 0.1543
  • Lot Dimensions: 50x135
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey, Detached/No Common Walls
  • Fireplace Rooms: Decorative
  • Flooring: Engineered Hardwood, Tile, Cement
  • Appliances: Oven, Range, Cooktop - Gas, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Double Vanity(s)
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Kitchen Features: Remodeled, Kitchenette
  • Laundry: Laundry Area, Outside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Hood Fan, Dishwasher, Built-Ins, Dryer, Washer, Refrigerator, Garbage Disposal, Freezer, Range/Oven, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 857.44
  • Windows: Garden Window

Exterior Features

  • Direction Faces: South
  • Construction: Combination, Stone, Wood Siding
  • Other Features: Partial Copper Plumbing, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: Accessory Dwelling Unit, Shed(s), GuestHouse
  • Foundation Details: Slab
  • Fence: Wood, Block
  • Guest House: Detached
  • Patio: Concrete Slab, Covered
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2478-020-023
  • Lot Description: Back Yard, Front Yard, Exterior Security Lights, Secluded, Landscaped
  • Lot Size Area: 6722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Dec 4, 2023
Sold by
Carbonaro Michael
Bought by
Kao Kyle and Trinidad Kimberly Anne
Seller's Agent
Michael Rachlis
Compass
Buyer's Agent
JC Kung
FIRST TEAM REAL ESTATE
List Price
$1,315,000
Sold Price
$1,210,000
Premium/Discount to List
-$105,000
-7.98%
Views
1351
Current Estimated Value
$1,291,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,260
Avg. Annual Appreciation
4.81%
Original Mortgage
$726,000
Outstanding Balance
$715,166
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$592,352

Purchase Details

Closed on
Feb 10, 2023
Sold by
Joseph Carbonaro Michael and Langfor Peter
Bought by
Carbonaro/Stickles Legacy Estate

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 4, 2015
Sold by
Oyabe Glenn and Oyabe Yvette
Bought by
Carbonaro Michael Joesph and Stickles Peter Langford
Seller's Agent
Cathy Stevens
Real Value Properties
List Price
$615,000
Sold Price
$636,001
Premium/Discount to List
$21,001
3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$442,050
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kao Kyle $1,210,000 Consumers Title Company
Carbonaro/Stickles Legacy Estate -- --
Carbonaro Michael Joesph $632,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kao Kyle $726,000
Previous Owner Carbonaro Michael Joesph $442,050
Previous Owner Oyabe Glenn $263,000
Previous Owner Oyabe Glenn $257,000
Previous Owner Oyabe Glenn $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $1,210,000 -2.8% $833 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $1,245,000 -3.9% $857 / Sq Ft
10/23/2023 10/23/23 Price Changed $1,295,000 -1.5% $892 / Sq Ft
10/08/2023 10/08/23 Price Changed $1,315,000 0.0% $906 / Sq Ft
10/08/2023 10/08/23 For Sale $1,315,000 +1.9% $906 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,290,000 +102.8% $888 / Sq Ft
09/11/2015 09/11/15 Sold $636,001 +3.4% $605 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $615,000 -- $585 / 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 $13,506 $1,234,200 $987,360 $246,840
2024 $13,506 $1,210,000 $968,000 $242,000
2023 $8,104 $718,535 $574,830 $143,705
2022 $7,735 $704,447 $563,559 $140,888
2021 $7,706 $690,635 $552,509 $138,126
2019 $7,393 $670,152 $536,122 $134,030
2018 $7,278 $657,012 $525,610 $131,402
2016 $6,914 $631,500 $505,200 $126,300
2015 $3,140 $279,986 $212,187 $67,799
2014 $3,139 $274,502 $208,031 $66,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-302173

The MLS

APN: 2478-020-023