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1440 North Clybourn Avenue

1440 North Clybourn Avenue, Burbank, CA 91505
Sold Jul 14, 2020
$776,500
$668,000 by Pmac Lending Services Inc
Mortgage Due Mar 01, 2051
Sold Jun 20, 2018
$690,000
$586,500 by Bank Of America Na
Mortgage Due Jul 01, 2048
1440 North Clybourn Avenue has been categorized by the local assessors in Burbank, CA as a residential type of property. The building on the property was first built in 1939 and is 85 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1440 North Clybourn Avenue has 1,394 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1440 North Clybourn Avenue sold most recently in Jun 18, 2020 for a total of $776,500. If you work out the math, that's approximately a cost of $557.03 per sqft. Before that, the property was also sold for $690,000 in Jun 19, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,806 in taxes each year. 1440 North Clybourn Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $807,870. If we break it down further, the land itself was valued at $646,296. Improvements to the property, however, were assessed at a total of $161,574. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,394
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9OO8 LOTS 28 AND LOT/SEC 29

Ownership

  • Current Owner : LOPEZ MERWIN
  • Current Owner 2: LOPEZ LESLIE
  • Previous Owner : ADNAN MUHAMMAD FAISAL
  • Previous Owner 2: FERGUSSON TRACY LYNNE
  • Owner Before Previous Owner: E & A BUSINESS GROUP CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 311200

Zoning

  • Zoning: BUR1*

Geography

  • Assessors Map Reference: 16-F6
  • Subdivision Tract Number: 9
  • Parcel: 2435-028-012
  • Lot: 28
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1738
  • Longitude: -118.358

    Address

  • Full Address: 1440 N Clybourn Ave
  • Address - House Number: 1440
  • Street Direction: N
  • Address - Street Name: Clybourn
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Burbank
  • Carrier Code: C019
  • 4-Digit Zip Code: 2002
  • Zip Code: 91505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,806
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,144,314
  • High Value: 1,388,464
  • Low Value: 900,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $668,000
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $668,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $807,870
  • Assessed Land Value: $646,296
  • Assessed Improvements Value: $161,574

    Sales

  • Current Sale Contract Date: Jun 18, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11772784231
  • Current Sale Price: $776,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0775262
  • Previous Sale Recording Date: Jun 20, 2018
  • Previous Sale Contract Date: Jun 19, 2018
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $660,025
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 20, 2018
  • Previous Mortgage Loan Amount: $586,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

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Frequently Asked Questions

What neighborhood is 1440 North Clybourn Avenue located in?
The 1440 North Clybourn Avenue is a house located in the neighborhood of Northwest District in Burbank, Burbank.
What is the average sales price for listings in 1440 North Clybourn Avenue?
The average sales price for units in 1440 North Clybourn Avenue is $0 currently.

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