NOT LISTED FOR SALE

996 W Riverside Dr Unit 21 Burbank, CA 91506

Rancho Adjacent Neighborhood

Estimated Value: $923,101 - $998,000

3 Beds
3 Baths
1,635 Sq Ft
$589/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $950,000 $581 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,328/month

7 Days on Market

Highlights

  • Community Stables
  • Fitness Center
  • Primary Bedroom Suite
  • William McKinley Elementary School Rated A-
  • No Units Above
  • 2.94 Acre Lot

About This Home

As of July 2024

Parkside Equestrian Estates in the Rancho Equestrian District. This stunning modern 3 bedroom / 3 bathroom townhome was taken down to the studs and rebuilt in 2021. Starting with the light filled dramatic living room with soaring ceiling and electric fireplace, then up a 1⁄2 level to the dining room off the custom kitchen with breakfast bar, every room is light and bright with impeccable finishes. Sleek kitchen features quartz counters, induction electric stove with pot filler, luxury cabinets with pull outs and hidden electrical for appliances. Wide plank floating floors throughout. All new systems in 2021. Recessed lights and flush mounted ceiling speakers throughout. A Control4 Smart Home you can operate from your phone.

One bedroom and bathroom down with two bedrooms and bathrooms up. The primary suite upstairs, overlooking the trail, includes multiple closets, a gorgeous bathroom with deep soaking tub, vaulted skylight shower and double sink vanity plus an office /production area with an isolation sound booth. Whole house Life Source water. Oversized finished 2 car attached garage with Tesla electric car charger.

For the equestrian, this offers a unique opportunity to keep your horses at home with direct trail access and overlooking the Los Angeles Equestrian Center. The complex has a pool, spa, clubhouse, gym and a barn for your horses.

Close proximity to shops/restaurants of Toluca Lake, Whole Foods and all the studios: Disney/ABC, Warner Bros, Cartoon Network, DreamWorks, Nickelodeon, Universal/NBC. Strolling distance to cafes, shops, coffee houses, ice skating, tennis, basketball. Legendary Burbank schools/services. The perfect neighborhood for living the good life!

Last Agent to Sell the Property

Alisa Cunningham

Douglas Elliman of California, Inc. Brokerage Phone: 818-472-2801 License #01719178 Listed on: 06/26/2024

Douglas Elliman of California, Inc.

Last Buyer's Agent

Cathy Stevens

Real Value Properties License #01214428

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1980

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Pasture
  • Hills

Home Design

  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,635 Sq Ft Home
  • 3-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36205
  • Assessor Parcel Number 2443003036
  • $214 per year additional tax assessments

Community Details

Overview

  • 49 Units
  • Parkside Equestrian Association, Phone Number (310) 645-9921
  • Condominium Administration Company HOA

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Community Stables
  • Horse Trails

Townhouse Details

Home Type

Townhome

Year Built

Built in 1980

Lot Details

0

HOA Fees

$635 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: BUR4*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2443003036
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1635.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room, Electric
  • Levels: Multi/Split
  • Price Per Square Foot: 581.04
  • Room Type: Primary Suite

Exterior Features

  • View: Hills, Pasture
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse
  • Association Fee: 635.00
  • Association Fee Frequency: Monthly
  • Association Name: Parkside Equestrian
  • Phone: 310-645-9921
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Horse Trails, Park, Stable(s), Sidewalks
  • Association Management: Condominium Administration Company

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 128178.00
  • Lot Size Acres: 2.9426
  • Latitude Manual: 34.15934800

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 128178.0000 Square Feet
  • Number Of Units In Community: 49
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3117.00
  • Tax Lot: 1
  • Tax Tract Number: 36205
  • TaxOtherAnnualAssessmentAmount: 214.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 23, 2024
Sold by
Dell Max and Mansfield Sabrina L
Bought by
Ayala Marco and Lopez Lorena
Seller's Agent
Alisa Cunningham
Douglas Elliman of California, Inc.
Buyer's Agent
Cathy Stevens
Real Value Properties
List Price
$930,000
Sold Price
$950,000
Premium/Discount to List
$20,000
2.15%
Views
34
Current Estimated Value
$963,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,275
Avg. Annual Appreciation
0.98%
Original Mortgage
$855,000
Outstanding Balance
$844,709
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$118,566

Purchase Details

Listed on
Dec 10, 2019
Closed on
Dec 20, 2019
Sold by
The Stanford C Reed Scholarships Inc
Bought by
Dell Max and Mansfield Sabrina L
Seller's Agent
Jay Geisenheimer
Rodeo Realty, Inc.
Buyer's Agent
Paula Reavlin
Equity Union
List Price
$605,000
Sold Price
$640,000
Premium/Discount to List
$35,000
5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$480,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2019
Sold by
Mccrory Harry and Stanford C Reed Revocable Trus
Bought by
The Stanford C Reed Scholarships Inc

Purchase Details

Closed on
Oct 18, 2007
Sold by
Reed Stanford C
Bought by
Reed Stanford C and Stanford C Reed Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ayala Marco $950,000 Lawyers Title Company
Dell Max $640,000 Progressive Title Company
The Stanford C Reed Scholarships Inc -- Progressive Title
Reed Stanford C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Marco $855,000
Previous Owner Dell Max $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2024 07/30/24 Sold $950,000 +2.2% $581 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $930,000 0.0% $569 / Sq Ft
02/10/2023 02/10/23 Rented $4,195 0.0% --
02/07/2023 02/07/23 Under Contract -- -- --
01/31/2023 01/31/23 Price Changed $4,195 -4.6% $3 / Sq Ft
01/17/2023 01/17/23 For Rent $4,395 0.0% --
01/17/2020 01/17/20 Sold $640,000 +5.8% $391 / Sq Ft View Prior Sale
12/10/2019 12/10/19 For Sale $605,000 -- $370 / 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 $7,746 $950,000 $674,500 $275,500
2024 $7,746 $686,206 $453,111 $233,095
2023 $7,664 $672,752 $444,227 $228,525
2022 $7,316 $659,562 $435,517 $224,045
2021 $7,285 $646,630 $426,978 $219,652
2020 $7,149 $635,000 $375,000 $260,000
2019 $3,668 $327,851 $183,246 $144,605
2018 $3,609 $321,423 $179,653 $141,770
2016 $3,413 $308,944 $172,678 $136,266
2015 $3,343 $304,305 $170,085 $134,220
2014 $3,338 $298,345 $166,754 $131,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24130684

California Regional Multiple Listing Service (CRMLS)

APN: 2443-003-036