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2251 North Catalina Street

2251 North Catalina Street, Burbank, CA 91504
Multifamily in Burbank
2251 North Catalina Street 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 1947 and is 77 years old. The home has a total of 2 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 2251 North Catalina Street has 1,417 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,845 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex 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. For the features and amenities located on the property. There is a detached garage for those who require parking. 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 C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a 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, 2251 North Catalina Street sold most recently in Jul 22, 2021 for a total of $1,035,000. If you work out the math, that's approximately a cost of $730.42 per sqft. Before that, the property was also sold for $645,000 in Sep 26, 2006. 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 $11,395 in taxes each year. 2251 North Catalina Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,055,700. If we break it down further, the land itself was valued at $637,500. Improvements to the property, however, were assessed at a total of $418,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210622
06/22/2021
2 Bed
3 Bath
1417 ft²
$999,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1417 ft²
$1,035,000 +3.60%
09/02/2021
The Sean and Art Team

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,845
  • Total Building Area: 1,417
  • Gross Building Area: 1,417
  • Building Area: 1,417
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,417
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9443
  • Land Acres: 0.157
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 9443 LOT/SEC 94

Ownership

  • Current Owner : MELKONYAN ARA N
  • Current Owner 2: MELKONYAN LINA
  • Previous Owner : HOVANNESSIAN ARPIN G
  • Previous Owner 2: THE SUNSHINE TRUST
  • Owner Before Previous Owner: SCHOENKE ERIC VAUGHAN
  • Ownership Rights Codes: Joint Tenants
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 310501

Zoning

  • Zoning: BUR4*

Geography

  • Assessors Map Reference: 17-B4
  • Subdivision Tract Number: 9443
  • Parcel: 2464-007-039
  • Lot: 94
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1938
  • Longitude: -118.342

    Address

  • Full Address: 2251 N Catalina St
  • Address - House Number: 2251
  • Street Direction: N
  • Address - Street Name: Catalina
  • Address - Suffix Type: St
  • State: CA
  • City Name: Burbank
  • Carrier Code: C001
  • 4-Digit Zip Code: 3202
  • Zip Code: 91504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,395
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,163,461
  • High Value: 1,418,546
  • Low Value: 908,375

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $776,250
  • First Open Lien Mortgage Lender: ARCSTONE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Loan Amount: $776,250
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,055,700
  • Assessed Land Value: $637,500
  • Assessed Improvements Value: $418,200

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Transaction ID: 11854070844
  • Current Sale Price: $1,035,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1353436
  • Previous Sale Recording Date: Nov 17, 2006
  • Previous Sale Contract Date: Sep 26, 2006
  • Previous Sale Amount: $645,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARCSTONE FINANCIAL INC
  • First Mortgage Transaction Date: Sep 02, 2021
  • First Mortgage Loan Amount: $776,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SILVER STATE MORTGAGE
  • Previous Mortgage Transaction Date: Nov 17, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $516,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Burbank



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Frequently Asked Questions

What neighborhood is 2251 North Catalina Street located in?
The 2251 North Catalina Street is a multifamily located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 2251 North Catalina Street?
The average sales price for units in 2251 North Catalina Street is $999,000 , or $705/sqft. currently.

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