NOT LISTED FOR SALE

Estimated Value: $1,365,000 - $1,549,251

4 Beds
3 Baths
2,171 Sq Ft
$678/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $865,000 $398 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,596/month

53 Days on Market

Highlights

  • Floor Furnace
  • Laundry Facilities
  • 5-minute walk to George Izay Park
  • Walt Disney Elementary School Rated A

About This Home

As of May 2016

Non-rent control triplex in Burbank! One of the best prices in one of the best areas of Burbank! This solid investment is one of the best deals you'll find here! Seller needs to liquidate which is reflected in the price. Property has low maintenance to provide maximum return. Do not disturb occupants or knock on doors. Interior inspections with accepted offer. Call listing agent for more information. Buyer to verify all information.

Last Agent to Sell the Property

John Byers

Sotheby's International Realty License #01879461 Listed on: 02/02/2016

Last Buyer's Agent

Thomas Atamian

License #01739307

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,200 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,171 Sq Ft Home
  • Laminate Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2446-008-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2171
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 4
  • Laundry: Community
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 404.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 266398
  • Assessed Land Value: 409844
  • Assessor Parcel Number: 2446-008-010
  • Geocode Override: No
  • Lot Size Area: 4200

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 0
  • Type Of Units: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Mar 30, 2016
Sold by
October Sky Llc
Bought by
Flatlander Llc
Seller's Agent
John Byers
Sotheby's International Realty
Buyer's Agent
Thomas Atamian
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Current Estimated Value
$1,471,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,063
Avg. Annual Appreciation
5.62%
Original Mortgage
$602,000
Outstanding Balance
$476,130
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$994,933

Purchase Details

Closed on
Feb 21, 2013
Sold by
Pilz Bradley
Bought by
October Sky Llc

Purchase Details

Closed on
Jan 10, 2013
Sold by
Pilz Jeanene
Bought by
Pilz Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Pilz Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2012
Sold by
Oldaker Palmer Dena
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 29, 2006
Sold by
Oldaker Palmer Dena
Bought by
Oldaker Palmer Dena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2005
Sold by
Oldaker Dale
Bought by
Oldaker Palmer Dena

Purchase Details

Closed on
May 13, 2005
Sold by
Oldaker Palmer Dena
Bought by
Oldaker Dale

Purchase Details

Closed on
Mar 24, 2005
Sold by
Palmer James Stewart and Palmer James S
Bought by
Palmer Dena Oldaker

Purchase Details

Closed on
Mar 26, 2001
Sold by
Caruso Anthony and Caruso Rosalie
Bought by
Palmer James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Flatlander Llc $865,000 North American Title
October Sky Llc -- None Available
Pilz Bradley -- Fidelity National Title Co
Pilz Bradley $530,500 Fidelity National Title Co
Deutsche Bank National Trust Company $450,000 Accommodation
Oldaker Palmer Dena -- First American Title Co
Oldaker Palmer Dena -- --
Oldaker Dale -- --
Palmer Dena Oldaker -- --
Palmer James S $333,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flatlander Llc $602,000
Previous Owner Pilz Bradley $348,000
Previous Owner Oldaker Palmer Dena $560,000
Previous Owner Palmer James S $266,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2016 05/11/16 Sold $865,000 -3.8% $398 / Sq Ft
02/02/2016 02/02/16 For Sale $899,000 -- $414 / Sq Ft
Source: The MLS

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 $11,299 $1,023,977 $544,543 $479,434
2024 $11,299 $1,003,900 $533,866 $470,034
2023 $11,179 $984,217 $523,399 $460,818
2022 $10,672 $964,920 $513,137 $451,783
2021 $10,628 $946,001 $503,076 $442,925
2019 $10,198 $917,944 $488,155 $429,789
2018 $10,100 $899,946 $478,584 $421,362
2016 $7,644 $686,554 $416,094 $270,460
2015 $7,490 $676,242 $409,844 $266,398
2014 $7,481 $662,996 $401,816 $261,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-977931

The MLS

APN: 2446-008-010