948 University Ave Burbank, CA 91504
Hillside District NeighborhoodEstimated Value: $1,725,000 - $1,871,000
4
Beds
2
Baths
2,114
Sq Ft
$855/Sq Ft
Est. Value
Highlights
- Above Ground Spa
- Primary Bedroom Suite
- Updated Kitchen
- Thomas Jefferson Elementary School Rated A
- City Lights View
- Property is near a park
About This Home
As of April 2021Beautifully finished one-story home nestled along the Burbank foothills in corner lot location offers views of valley below & hillsides above.Step thru the opaque glass front door & into the large family room & open kitchen/dining room layout.The kitchen has a lg center island,seating for six at the bar area,a central gas range & designer hood,quartz counters,white wood shaker self-closing cabinets & drawers,stainless stainless appliances with recessed fridge & garden window that has hillside views.An adjacent formal dining room is great for entertaining or relax in the oversized living space that includes a wood burning FP & opens out to the back yard.An expansive master bedroom ensuite offers 3 closets,back sliding door that opens to the private back patio & an attached bathroom with dual sink cabinets,separate soaking tub & large tiled shower stall.There are 3 additional bedrooms (one currently used as an office/guest space) with an updated hall bathroom having dual sinks in a wood-style cabinet,separate tub & tiled shower stall.This lovely home also features refinished hardwood & ceramic tile floors,newer dual pane windows,wood shutters throughout,newer roof,newer HVAC system,copper re-pipe & more.A private back yard features lg grassed area,patio for entertaining,newer hot tub & access to the detached 2 car garage.Gorgeous sunset & hillside views from most rooms,as well as close proximity to hiking trails, several parks, tennis center, plus downtown shops & restaurants.
Last Agent to Sell the Property
Coldwell Banker Realty License #01221182 Listed on: 02/24/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,429
Year Built
- Built in 1951 | Remodeled
Lot Details
- 7,490 Sq Ft Lot
- Northwest Facing Home
- Wood Fence
- Block Wall Fence
- Landscaped
- Corner Lot
- Level Lot
- Front and Back Yard Sprinklers
- Private Yard
- Lawn
- Back Yard
- Property is zoned BUR1YY
Parking
- 2 Car Garage
- Parking Available
- Side Facing Garage
- Two Garage Doors
- Driveway Level
Property Views
- City Lights
- Hills
Home Design
- Traditional Architecture
- Raised Foundation
- Composition Roof
Interior Spaces
- 2,114 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Double Pane Windows
- Shutters
- Garden Windows
- Family Room with Fireplace
- Dining Room
- Library
Kitchen
- Updated Kitchen
- Breakfast Bar
- Gas Cooktop
- Free-Standing Range
- Dishwasher
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
- Mirrored Closets Doors
- Remodeled Bathroom
- 2 Full Bathrooms
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Toliet
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Above Ground Spa
- Patio
- Rain Gutters
- Front Porch
Location
- Property is near a park
- Suburban Location
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts For Spa
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tax Lot 54
- Tax Tract Number 16974
- Assessor Parcel Number 2470025036
Community Details
Overview
- No Home Owners Association
- Foothills
Recreation
- Park
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2021
Sold by
Lawrence Matthew and Murray Jessica
Bought by
Lawrence Matthew J and Murray Jessica K
Total Days on Market
10
Current Estimated Value
Purchase Details
Listed on
Feb 24, 2021
Closed on
Apr 30, 2021
Sold by
Taasemade Matthew and Murray Jessica
Bought by
Lawrence Matthew and Murray Jessica
Seller's Agent
Sheri Quaintance
Coldwell Banker Realty
Buyer's Agent
Alexandra Newman
Compass
List Price
$1,349,900
Sold Price
$1,470,500
Premium/Discount to List
$120,600
8.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$1,176,400
Outstanding Balance
$1,077,371
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$729,814
Purchase Details
Listed on
Feb 24, 2021
Closed on
Mar 10, 2021
Sold by
Klemp Karolina and Klemp Marcus
Bought by
Lawrence Matthew and Murray Jessica
Seller's Agent
Sheri Quaintance
Coldwell Banker Realty
Buyer's Agent
Alexandra Newman
Compass
List Price
$1,349,900
Sold Price
$1,470,500
Premium/Discount to List
$120,600
8.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,176,400
Outstanding Balance
$1,077,371
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$729,814
Purchase Details
Listed on
Aug 23, 2018
Closed on
Oct 4, 2018
Sold by
Patriot Holdings Llc
Bought by
Klemp Karolina and Klemp Marcus
Seller's Agent
Randy Conrad
Patron Realty Group
Buyer's Agent
Sheri Quaintance
Coldwell Banker Realty
List Price
$1,125,000
Sold Price
$1,095,000
Premium/Discount to List
-$30,000
-2.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$991,000
Interest Rate
4.6%
Mortgage Type
VA
Purchase Details
Closed on
May 31, 2018
Sold by
Wright Mary Catherine and The Mary Catherine Wright Trus
Bought by
Patriot Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 22, 2016
Sold by
Wright Mary Catherine
Bought by
Wright Mary Catherine and Mary Catherine Wright Trust
Purchase Details
Closed on
Jun 18, 2001
Sold by
Wright Mary Catherine
Bought by
Wright Mary Catherine and Wright Joshua G
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 |
|---|---|---|---|
| Lawrence Matthew J | -- | None Available | |
| Lawrence Matthew | -- | Chicago Title Company | |
| Lawrence Matthew | $1,470,500 | Lawyers Title Company | |
| Klemp Karolina | $1,095,000 | Orange Coast Title | |
| Patriot Holdings Llc | $795,000 | Orange Coast Title Co | |
| Wright Mary Catherine | -- | None Available | |
| Wright Mary Catherine | -- | -- | |
| Wright Mary Catherine | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lawrence Matthew | $1,176,400 | |
| Closed | Murray Jessica K | $1,375,421 | |
| Previous Owner | Klemp Karolina | $991,000 | |
| Previous Owner | Patriot Holdings Llc | $700,000 | |
| Previous Owner | Patriot Holdings Llc | $700,000 | |
| Previous Owner | Wright Mary Catherine | $244,941 | |
| Previous Owner | Wright Joshua | $150,000 | |
| Previous Owner | Wright Mary Catherine | $100,000 | |
| Previous Owner | Wright Mary Catherine | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2021 04/07/21 | Sold | $1,470,500 | +8.9% | $696 / Sq Ft |
| 03/06/2021 03/06/21 | Pending | -- | -- | -- |
| 02/24/2021 02/24/21 | For Sale | $1,349,900 | +23.3% | $639 / Sq Ft |
| 11/06/2018 11/06/18 | Sold | $1,095,000 | -2.7% | $518 / Sq Ft |
| 10/02/2018 10/02/18 | Pending | -- | -- | -- |
| 08/23/2018 08/23/18 | For Sale | $1,125,000 | -- | $532 / 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 | $17,429 | $1,560,504 | $1,203,303 | $357,201 |
| 2023 | $17,243 | $1,529,907 | $1,179,709 | $350,198 |
| 2022 | $16,458 | $1,499,910 | $1,156,578 | $343,332 |
| 2021 | $12,651 | $1,128,470 | $858,256 | $270,214 |
| 2020 | $12,513 | $1,116,900 | $849,456 | $267,444 |
| 2019 | $12,140 | $1,095,000 | $832,800 | $262,200 |
| 2018 | $1,798 | $153,278 | $43,505 | $109,773 |
| 2016 | $1,682 | $147,327 | $41,816 | $105,511 |
| 2015 | $1,650 | $145,115 | $41,188 | $103,927 |
| 2014 | $1,654 | $142,274 | $40,382 | $101,892 |
Source: Public Records
Agents Affiliated with this Home
-
Sheri Quaintance
Seller's Agent in 2021
Sheri Quaintance
Coldwell Banker Realty
(818) 222-9500
1 in this area
21 Total Sales
-
Alexandra Newman
Buyer's Agent in 2021
Alexandra Newman
Compass
(661) 733-4444
1 in this area
136 Total Sales
-
Randy Conrad
Seller's Agent in 2018
Randy Conrad
Patron Realty Group
(661) 373-1881
78 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21038507
APN: 2470-025-036
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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