NOT LISTED FOR SALE

Estimated Value: $1,213,020 - $1,328,000

2 Beds
1 Bath
1,122 Sq Ft
$1,132/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $700,000 $624 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,472/month

9 Days on Market

Highlights

  • Maid or Guest Quarters
  • No HOA
  • Back and Front Yard
  • Dolores Huerta Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2016

Charm is abundant in this 2 bedroom/1 bath Burbank home that also has a separate guest quarters. Adorned with vaulted ceilings and solid wood flooring throughout much of the living area, the floor plan has a nice flow with the living room and family room separated by a half wall, creating an open and usable communal space. The formal dining room sits off the remodeled kitchen making family meal time or entertaining a breeze. Adjacent from the kitchen is a bonus room which could serve well as secondary family room, a play area for children, or just about anything you need space for. Across the spacious backyard sits the 2 car garage and the 1 bedroom/1bath guest unit. With the bedroom and bath downstairs and the living area and kitchen upstairs, this space also has a deck off the living room as well as an enclosed yard area off the bedroom.
Situated around the corner from the restaurants, cafes, and shops of Magnolia Park and in close proximity to the studios and offerings of Studio City and Toluca Lake, this property is a fit for many living situations. Whether you are an owner looking for space to house your mother in-law or an investor looking for a cash flow opportunity, this home is full of potential and definitely worth a look.

Last Agent to Sell the Property

Richard Buckisch

Exp Realty of California Inc. License #01756276 Listed on: 10/07/2016

Exp Realty of California  Inc.

Last Buyer's Agent

Shannon Fenton

Compass License #01906521

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,877

Year Built

  • Built in 1926

Lot Details

  • 6,312 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned BUR2*

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • 1,122 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Maid or Guest Quarters
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 6259
  • Assessor Parcel Number 2481005003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,877

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: BUR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2481005003
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1122.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 623.89
  • Room Type: Guest/Maid's Quarters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Burbank Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6312.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1

Tax Info

  • Tax Census Tract: 3114.00
  • Tax Lot: 6
  • Tax Tract Number: 6259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Oct 19, 2016
Sold by
Wolloff Marc
Bought by
Pagany Andrew and Pogany Keiko
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Shannon Fenton
Compass
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$1,269,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,755
Avg. Annual Appreciation
6.94%
Original Mortgage
$560,000
Outstanding Balance
$449,087
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$820,668

Purchase Details

Closed on
Jul 13, 2006
Sold by
Wolloff Marc
Bought by
Wolloff Marc and Wolloff Michelle Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2002
Sold by
Cottrell Larson N
Bought by
Wolloff Marc and Wolloff Michelle Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Interest Rate
7.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 17, 1998
Sold by
Zielinski Kay
Bought by
Cottrell Larsen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.88%
Source: Public Records

Range of Values:

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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
Pagany Andrew $700,000 Fatcola
Wolloff Marc -- Accommodation
Wolloff Marc -- Accommodation
Wolloff Marc $364,500 Fidelity National Title
Cottrell Larsen M $199,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagany Andrew $560,000
Previous Owner Wolloff Marc $220,000
Previous Owner Wolloff Marc $291,600
Previous Owner Cottrell Larsen M $159,200
Closed Wolloff Marc $72,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $700,000 +0.1% $624 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $699,000 -- $623 / Sq Ft
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 $8,877 $812,404 $649,924 $162,480
2024 $8,877 $796,476 $637,181 $159,295
2023 $8,782 $780,860 $624,688 $156,172
2022 $8,381 $765,550 $612,440 $153,110
2021 $8,350 $750,540 $600,432 $150,108
2019 $8,009 $728,280 $582,624 $145,656
2018 $7,910 $714,000 $571,200 $142,800
2016 $5,090 $456,969 $310,357 $146,612
2015 $4,987 $450,106 $305,696 $144,410
2014 $4,978 $441,290 $299,708 $141,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16720162

California Regional Multiple Listing Service (CRMLS)

APN: 2481-005-003