NOT LISTED FOR SALE

921 W Clark Ave Burbank, CA 91506

Chandler Park Neighborhood

Estimated Value: $2,033,000 - $2,142,236

7 Beds
5 Baths
3,790 Sq Ft
$551/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $845,000 $223 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $11,988/month

53 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Walt Disney Elementary School Rated A
  • Laundry Room

About This Home

As of August 2012

Wonderful 5 units have 2 buildings. Front building built in 1944 offers two 2 bedroom units. Rear building built in 1962 offers one 2 bedroom unit, one 1 bedroom unit and a studio apartment.
Property has a laundry room and 5 covered parking spaces. New carpet and paint in two of the units. Great location on lovely Clark Avenue.

Last Agent to Sell the Property

Jim Cromie

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01091291 Listed on: 04/27/2012

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Last Buyer's Agent

Michael Shaar

License #01126958

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 8,323

Parking

  • 5 Car Garage

Home Design

  • 3,790 Sq Ft Home
  • Split Level Home
  • Composition Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

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

Additional Features

  • Laundry Room
  • 8,323 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2446008009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Gross Income $5,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

8,323 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: No
  • Property Type: Residential Income
  • Parcel Number: 2446008009
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Multi/Split
  • Price Per Square Foot: 222.96

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8323.00
  • Lot Size Acres: 0.1910

Multi Family

  • Gross Income: 5600.00
  • Gross Multiplier: 12.65
  • Gross Scheduled Income: 67200.00
  • Lot Size Area: 8323.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Rent Control: No
  • Total Actual Rent: 5700.00

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Shaar Roger H and Shaar Cherylee R
Bought by
Shaar Roger H and The Roger H Shaar Jr Revocable
Current Estimated Value
$2,087,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$218,981
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$1,868,637

Purchase Details

Closed on
Jul 13, 2015
Sold by
Shaar Roger H and Shaar Cherylee R
Bought by
Shaar Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$626,397
Interest Rate
3.98%
Mortgage Type
Commercial
Estimated Equity
$1,461,221

Purchase Details

Listed on
Apr 27, 2012
Closed on
Aug 2, 2012
Sold by
Nill Sheri and The James R Honaker Family Tru
Bought by
Shaar Roger H and Shaar Cherylee R
Seller's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Michael Shaar
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$630,000
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2009
Sold by
Honaker James R and The Honaker Family Trust
Bought by
Honaker James R and James R Honaker Family Trust 2

Purchase Details

Closed on
Feb 20, 2009
Sold by
Mcmonigle David and Mcmonigle Wendy
Bought by
Honaker James R and Honaker Nola R

Purchase Details

Closed on
Dec 20, 2004
Sold by
Mcmonigle David B and Mcmonigle Wendy S
Bought by
Mcmonigle David and The Margaret M Montgomery Revo

Purchase Details

Closed on
Jul 8, 2003
Sold by
Mcmongile David and The Margaret M Montgomery Revo
Bought by
Mcmongile David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2003
Sold by
Mcmonigle Wendy S
Bought by
Mcmonigle David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 1996
Sold by
The Margaret M Montgomery Trust
Bought by
Montgomery Margaret M and Mcmonigle David
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
Shaar Roger H -- Accommodation
Shaar Family Trust -- Accommodation
Shaar Roger H $845,000 Fidelity National Title Co
Honaker James R -- None Available
Honaker James R $880,500 Orange Coast Title Company
Mcmonigle David -- Orange Coast Title Company
Mcmonigle David -- --
Mcmongile David B -- Stewart Title Of Ca Inc
Mcmonigle David B -- Stewart Title Of Ca Inc
Montgomery Margaret M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaar Roger H $250,000
Open Shaar Family Trust $800,000
Closed Shaar Roger H $630,000
Previous Owner Mcmongile David B $250,000
Previous Owner Mcmonigle David B $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2012 08/29/12 Sold $845,000 -0.6% $223 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $850,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,078 $1,040,544 $800,423 $240,121
2024 $12,078 $1,020,142 $784,729 $235,413
2023 $11,956 $1,000,141 $769,343 $230,798
2022 $11,439 $980,531 $754,258 $226,273
2021 $11,383 $961,306 $739,469 $221,837
2019 $10,944 $934,295 $717,537 $216,758
2018 $10,777 $916,006 $703,468 $212,538
2016 $10,190 $878,996 $676,152 $202,844
2015 $9,992 $865,794 $665,996 $199,798
2014 $9,990 $848,836 $652,951 $195,885
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jim Cromie

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    (818) 845-8322

    9 Total Sales

    Jim Cromie
    Section Image

  • M

    Buyer's Agent in 2012

    Michael Shaar

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B12053661

California Regional Multiple Listing Service (CRMLS)

APN: 2446-008-009

California Los Angeles County Burbank 91506 Chandler Park

921 W Clark Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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