918 N Lima St Burbank, CA 91505
Magnolia Park NeighborhoodEstimated Value: $1,415,653 - $1,506,000
3
Beds
1
Bath
1,350
Sq Ft
$1,076/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Spanish Architecture
- Stone Countertops
- Dolores Huerta Middle School Rated A-
- Sun or Florida Room
- Lawn
About This Home
As of August 2020This 1926 Magnolia Park Spanish Bungalow offers vintage character and loads of charm. As you enter from the covered porch, you're welcomed into the living room and instantly romanced by the fireplace surrounded by built-ins and light. Original tray ceilings in the living and dining room, hardwood floors and newer windows throughout. The architecturally detailed passage from the living room to the large and versatile dining room provides a sense of intimate space while also giving an open feeling to the home's circular floor-plan. The updated kitchen with quartz counter tops, garden window and views of a Burgmansia tree add a peaceful element to the space. Three bedrooms, each providing its own sense of character from built-in bookcases, custom cabinetry and professionally designed closet systems. From the kitchen to the back yard, you're lead to a large gated driveway, detached garage, grassy play area and your own private cabana complete with knotty pine ceilings. The enclosed cabana provides quintessential California outdoor living and entertaining space and is strategically placed on the property surrounded by mature plantings for added privacy from both inside the home and in the backyard. Fruit trees, including a fig and lemon tree make everything just right. Here's your chance to call this character home your very own. Convenient to studios and close to some of Magnolia Parks' favorite shops, cafes and eateries.
Last Agent to Sell the Property
Dilbeck Real Estate License #01187679 Listed on: 07/23/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,588
Year Built
- Built in 1926 | Remodeled
Lot Details
- 6,644 Sq Ft Lot
- West Facing Home
- Landscaped
- Paved or Partially Paved Lot
- Lawn
- Back Yard
- Property is zoned BUR1*
Parking
- 2 Car Attached Garage
- Parking Available
- Single Garage Door
Home Design
- Spanish Architecture
- Raised Foundation
- Spanish Tile Roof
- Composition Roof
- Stucco
Interior Spaces
- 1,350 Sq Ft Home
- Built-In Features
- Decorative Fireplace
- Fireplace With Gas Starter
- Living Room with Fireplace
- Dining Room
- Sun or Florida Room
- Carbon Monoxide Detectors
- Stone Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Energy-Efficient Thermostat
- Screened Patio
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2480005011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2020
Closed on
Aug 4, 2020
Sold by
Sperling Jason Maxwell and Sperling Jamie Rose
Bought by
Crump John Michael and Kim Eunice
Seller's Agent
Kimberly Turner
Dilbeck Real Estate
Buyer's Agent
Ellen Davies
Coldwell Banker Realty
List Price
$930,000
Sold Price
$1,060,000
Premium/Discount to List
$130,000
13.98%
Total Days on Market
28
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
$392,163
Avg. Annual Appreciation
6.81%
Original Mortgage
$158,500
Outstanding Balance
$142,246
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,309,917
Purchase Details
Listed on
May 16, 2016
Closed on
Jun 17, 2016
Sold by
West Kristina L
Bought by
Sperling Jason Maxwell and Sperling Jamie Rose
Seller's Agent
Thomas Masterani
Engel & Völkers Burbank
List Price
$699,000
Sold Price
$751,000
Premium/Discount to List
$52,000
7.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$600,800
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 11, 2002
Sold by
West Kristina L
Bought by
West Kristina L and Kristina L West Trust
Purchase Details
Closed on
Oct 10, 2001
Sold by
Perretti Anthony
Bought by
West Kristina L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.67%
Purchase Details
Closed on
Nov 16, 1999
Sold by
Smith Timothy E
Bought by
Perretti Anthony and Perretti Maria Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.12%
Purchase Details
Closed on
Jul 22, 1996
Sold by
Pickering Debra Lynn
Bought by
Smith Timothy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.25%
Purchase Details
Closed on
Jul 2, 1996
Sold by
Smith Timothy E
Bought by
Smith Timothy E and Pickering Debra Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.25%
Similar Homes in Burbank, CA
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 |
|---|---|---|---|
| Crump John Michael | $1,060,000 | Orange Coast Title | |
| Sperling Jason Maxwell | $751,000 | Fidelity National Title | |
| West Kristina L | -- | -- | |
| West Kristina L | $325,000 | California Title Company | |
| Perretti Anthony | $260,000 | Gateway Title Company | |
| Smith Timothy E | $100,000 | Old Republic Title Company | |
| Smith Timothy E | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crump John Michael | $158,500 | |
| Open | Crump John Michael | $742,000 | |
| Previous Owner | Sperling Jason Maxwell | $600,800 | |
| Previous Owner | West Kristina L | $359,000 | |
| Previous Owner | West Kristina L | $344,000 | |
| Previous Owner | West Kristina L | $347,000 | |
| Previous Owner | West Kristina L | $110,000 | |
| Previous Owner | West Kristina L | $41,000 | |
| Previous Owner | West Kristina L | $165,000 | |
| Previous Owner | West Kristina L | $253,000 | |
| Previous Owner | West Kristina L | $240,000 | |
| Previous Owner | Perretti Anthony | $175,000 | |
| Previous Owner | Smith Timothy E | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2020 08/31/20 | Sold | $1,060,000 | +14.0% | $785 / Sq Ft |
| 08/20/2020 08/20/20 | Pending | -- | -- | -- |
| 07/23/2020 07/23/20 | For Sale | $930,000 | +23.8% | $689 / Sq Ft |
| 06/30/2016 06/30/16 | Sold | $751,000 | +7.4% | $556 / Sq Ft |
| 05/22/2016 05/22/16 | Pending | -- | -- | -- |
| 05/16/2016 05/16/16 | For Sale | $699,000 | -- | $518 / 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 |
|---|---|---|---|---|
| 2024 | $12,588 | $1,124,879 | $878,998 | $245,881 |
| 2023 | $12,454 | $1,102,823 | $861,763 | $241,060 |
| 2022 | $11,888 | $1,081,200 | $844,866 | $236,334 |
| 2021 | $11,847 | $1,060,000 | $828,300 | $231,700 |
| 2020 | $9,052 | $812,904 | $650,324 | $162,580 |
| 2019 | $8,781 | $796,966 | $637,573 | $159,393 |
| 2018 | $8,664 | $781,340 | $625,072 | $156,268 |
| 2016 | $4,463 | $405,568 | $292,137 | $113,431 |
| 2015 | $4,372 | $399,477 | $287,749 | $111,728 |
| 2014 | $4,364 | $391,653 | $282,113 | $109,540 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Turner
Seller's Agent in 2020
Kimberly Turner
Dilbeck Real Estate
(818) 383-7060
1 in this area
53 Total Sales
-
Matt Letcher
Seller Co-Listing Agent in 2020
Matt Letcher
Dilbeck Real Estate
(818) 790-6774
1 in this area
51 Total Sales
-
Ellen Davies
E
Buyer's Agent in 2020
Ellen Davies
Coldwell Banker Realty
(626) 807-3874
1 in this area
8 Total Sales
-
Jan Emamian
Buyer Co-Listing Agent in 2020
Jan Emamian
COMPASS
(626) 487-3678
1 in this area
45 Total Sales
-
Thomas Masterani
T
Seller's Agent in 2016
Thomas Masterani
Engel & Völkers Burbank
(818) 843-7100
1 in this area
22 Total Sales
-
Dan Sanchez
Seller Co-Listing Agent in 2016
Dan Sanchez
Engel & Völkers Burbank
(818) 730-2361
2 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 320002525
APN: 2480-005-011
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