NOT LISTED FOR SALE

Estimated Value: $524,464 - $574,000

0.78 Acre
$692,512 Price per Acre
34,081 Sq Ft Lot

Last Sold July 14, 2023

Last sale price $500,000

Est. 11% increase in value since last sale

Current estimated payment $3,419/month

180 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Back and Front Yard
  • Verdugo Hills Senior High School Rated A-
  • Foothills

About This Lot

As of July 2023

View, View, View !!! With amazing 360 degree views on a street to street (Hillrose to Wayside Dr.) parcel, this property offers the ability to build a magnificent home with mountain views from every room. This is an amazing opportunity for Developers, Builders, and Investors to build around most beautiful and Million Dollar Homes in the neighborhood. This is an amazing opportunity for Developers, Builders, and Investors to build around most beautiful and Million Dollar Homes in the neighborhood.

Last Agent to Sell the Property

Zartik Garabedian

Engel & Völkers Burbank License #00976559 Listed on: 12/19/2022

Engel & Völkers Burbank

Last Buyer's Agent

Maggie Carnot

Own Real Estate Inc. License #01910751

Property Details

Property Type

  • Land

Lot Details

  • 0.78 Acre Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARE40

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision
  • Foothills
  • Mountainous Community
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 2549014024

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Subdivision Name Other: Not Applicable-105
  • View: Yes
  • Zoning: LARE40
  • Property Type: Land
  • Parcel Number: 2549014024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 14.67

Exterior Features

  • View: Mountain(s)

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 34081.00
  • Lot Size Acres: 0.7824

Multi Family

  • Lot Size Area: 34081.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Jun 28, 2023
Sold by
Amiryan Armen
Bought by
Davidian Kevin and Gharibian Serena
Seller's Agent
Zartik Garabedian
Engel & Völkers Burbank
Buyer's Agent
Maggie Carnot
Own Real Estate Inc.
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
371
Current Estimated Value
$557,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,342
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Jan 26, 2018
Sold by
Rizk Anthony and Rizk Rita
Bought by
Akhverdyan Gennik Henry and Akhverdyan Helen

Purchase Details

Closed on
Dec 16, 2016
Sold by
Cho Nam Suk and Kim Mee Soo
Bought by
Rizk Anthony and Rizk Rita

Purchase Details

Closed on
Jan 21, 2009
Sold by
Ko Kacey G and Ko Kyongho S
Bought by
Cho Nam Suk and Kim Mee Soo

Purchase Details

Closed on
Dec 16, 2008
Sold by
Ko Kacey G and Ko Kyongho S
Bought by
Ko Kacey G and Ko Kyongho S
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
Davidian Kevin $500,000 Chicago Title Company
Akhverdyan Gennik Henry $270,000 Chicago Title Company
Rizk Anthony $130,000 None Available
Cho Nam Suk -- None Available
Ko Kacey G -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $500,000 -9.1% --
12/19/2022 12/19/22 For Sale $550,000 -- --
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 $6,056 $510,000 $510,000 --
2024 $6,056 $500,000 $500,000 --
2023 $6,110 $504,594 $504,594 $0
2022 $5,819 $494,700 $494,700 $0
2021 $3,388 $283,712 $283,712 $0
2020 $3,422 $280,803 $280,803 $0
2019 $3,285 $275,298 $275,298 $0
2018 $3,169 $260,100 $260,100 $0
2016 $5,917 $257,812 $257,812 $0
2015 $3,082 $253,940 $253,940 $0
2014 $3,104 $248,966 $248,966 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22257413

California Regional Multiple Listing Service (CRMLS)

APN: 2549-014-024