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1302 North Lima Street

1302 North Lima Street, Burbank, CA 91505
Property in Chandler Park
Sold Jun 24, 1999
$254,000
$200,000 by Dba First Capital Corp
Mortgage Due Jul 01, 2029
Sold Jun 17, 1997
$186,000
$139,500 by Aaa Financial Group Inc
Mortgage Due Jul 01, 2027
1302 North Lima Street in Burbank, CA was first built in 1947 and is 77 years old. Although, the building on the property was most recently renovated and altered in 1956. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1302 North Lima Street has 1,593 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 6,661 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 7, 1999 for $254,000. That's $159.45 per sqft. Prior to that sales transaction, the property was also sold in May 13, 1997 for $186,000. 1302 North Lima Street was last assessed in 2023. The total value of the property was assessed at $382,713. Specifically, the land the property is located on was valued at $230,684. While improvements on the property were assessed at a total of $152,029. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,339. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,661
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,593
  • Building Area: 1,593
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,593
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 9761
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9761 LOT/SEC 183

Ownership

  • Current Owner : FARISS NEIL W
  • Current Owner 2: FARISS BARBARA G
  • Previous Owner : SCHNEIDER WILLIAM J
  • Owner Before Previous Owner: INDEPENDENT NATIONAL MTG ASSN
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: BUR1*

Geography

  • Assessors Map Reference: 17-A6
  • Subdivision Tract Number: 9761
  • Parcel: 2477-005-021
  • Lot: 183
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1743
  • Longitude: -118.346

    Address

  • Full Address: 1302 N Lima St
  • Address - House Number: 1302
  • Street Direction: N
  • Address - Street Name: Lima
  • Address - Suffix Type: St
  • State: CA
  • City Name: Burbank
  • Carrier Code: C015
  • 4-Digit Zip Code: 2209
  • Zip Code: 91505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,339
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 1,148,394
  • High Value: 1,388,129
  • Low Value: 908,658

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: DBA FIRST CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Jun 24, 1999
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,713
  • Assessed Land Value: $230,684
  • Assessed Improvements Value: $152,029

    Sales

  • Current Sale Contract Date: Apr 07, 1999
  • Current Sale Recording Date: Jun 24, 1999
  • Current Sale Transaction ID: 1002289735
  • Current Sale Price: $254,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 99-1156010
  • Previous Sale Recording Date: Jun 17, 1997
  • Previous Sale Contract Date: May 13, 1997
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: DBA FIRST CAPITAL CORP
  • First Mortgage Transaction Date: Jun 24, 1999
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: AAA FINANCIAL GROUP INC
  • Previous Mortgage Transaction Date: Jun 17, 1997
  • Previous Mortgage Loan Amount: $139,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2027

About Burbank



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Frequently Asked Questions

What neighborhood is 1302 North Lima Street located in?
The 1302 North Lima Street is a located in the neighborhood of Chandler Park in Burbank, Burbank.
What is the average sales price for listings in 1302 North Lima Street?
The average sales price for units in 1302 North Lima Street is $0 currently.

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