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1016 North Ontario Street

1016 North Ontario Street, Burbank, CA 91505
Multifamily in Magnolia Park
Sold Nov 09, 2018
$870,000
$670,300 by Imc Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Aug 24, 2006
$599,000
Local assessors in Burbank, CA have categorized 1016 North Ontario Street as a residential type of property. The home was built in 1931 and is 93 years old. It was most recently renovated and altered in 1937. The property's lot size has been calculated to be 6,785 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1016 North Ontario Street has a total of 1,282 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's floor/wall heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1016 North Ontario Street was last sold in Oct 20, 2018 for $870,000. According to our calculations, that's $678.63 per sqft. Prior to that sales transaction, the property was sold for $599,000 in Aug 16, 2006. Current property owners are expected to pay $10,076 in taxes per year. The property on 1016 North Ontario Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $932,813. To break that down further, the land itself was valued at $771,984. While improvements to the property were assessed at a total of $160,829. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,785
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,282
  • Building Area: 1,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7976
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 7976 LOT/SEC 77

Ownership

  • Current Owner : HANNA AMGAD
  • Current Owner 2: SALAZAR MARIA XIEMENA
  • Previous Owner : PENN DIANE
  • Previous Owner 2: DECLARATION OF TRUST
  • Owner Before Previous Owner: ANG ALAN V
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 311300

Zoning

  • Zoning: GLR1

Geography

  • Assessors Map Reference: 24-B1
  • Subdivision Tract Number: 7976
  • Parcel: 2477-026-017
  • Lot: 77
  • Municipality: NORTH /BURBANK
  • Latitude: 34.172
  • Longitude: -118.343

    Address

  • Full Address: 1016 N Ontario St
  • Address - House Number: 1016
  • Street Direction: N
  • Address - Street Name: Ontario
  • Address - Suffix Type: St
  • State: CA
  • City Name: Burbank
  • Carrier Code: C018
  • 4-Digit Zip Code: 2631
  • Zip Code: 91505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,076
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,168,592
  • High Value: 1,417,922
  • Low Value: 919,263

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $670,300
  • First Open Lien Mortgage Lender: IMC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $670,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $932,813
  • Assessed Land Value: $771,984
  • Assessed Improvements Value: $160,829

    Sales

  • Current Sale Contract Date: Oct 20, 2018
  • Current Sale Recording Date: Nov 09, 2018
  • Current Sale Transaction ID: 11531564077
  • Current Sale Price: $870,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1136596
  • Previous Sale Recording Date: Aug 24, 2006
  • Previous Sale Contract Date: Aug 16, 2006
  • Previous Sale Amount: $599,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Mortgage Transaction Date: Nov 09, 2018
  • First Mortgage Loan Amount: $652,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

About Burbank



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Nearby Rentals

Unit for rent at

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 876 ft²
Listing by Stacie O'Connor
Unit for rent at

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,485 ft²
Listing by Manager
Unit for rent at

$3,495 /mo

  • 2 Beds
  • 2.5 Baths
Listing by Manager
Unit for rent at

$3,650 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,350 ft²
Listing by Manager
Unit for rent at

$3,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,080 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1016 North Ontario Street located in?
The 1016 North Ontario Street is a multifamily located in the neighborhood of Magnolia Park in Burbank, Burbank.
What is the average sales price for listings in 1016 North Ontario Street?
The average sales price for units in 1016 North Ontario Street is $0 currently.

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