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2317 North Frederic Street

2317 North Frederic Street, Burbank, CA 91504
Property in Burbank
Sold May 18, 2018
$3,930,000
$2,844,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Mar 16, 2009
$588,000
$1,270,000 by Luther Burbank Savings
Mortgage
2317 North Frederic 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 1951 and is 73 years old. The home has a total of 16 bedrooms. Residents will have access to 16 full bathrooms. There are 16 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2317 North Frederic Street has 9,092 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 14,773 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. 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 building has a flat style roof made of tar and gravel. The exterior walls of the building are made of stucco. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in May 2, 2018 for $3,930,000. That's $432.25 per sqft. Prior to that sales transaction, the property was also sold in Nov 3, 2008 for $588,000. 2317 North Frederic Street was last assessed in 2023. The total value of the property was assessed at $4,298,027. Specifically, the land the property is located on was valued at $1,717,024. While improvements on the property were assessed at a total of $2,581,003. 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 $46,900. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 3
  • Bedroom Count: 16
  • Bathroom Count: 16
  • Full Bathrooms: 16
  • Partial Bathrooms: 16
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 16
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,773
  • Total Building Area: 9,092
  • Building Area: 9,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 9,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4615
  • Land Acres: 0.339
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT NO 4615 LOT/SEC 91

Ownership

  • Current Owner : ARKOF ALEX
  • Current Owner 2: ARKOF ANNA
  • Previous Owner : PR RUSYNIAK KATHRYN P
  • Previous Owner 2: PR KATHRYN P RUSYNIAK SEPARATE
  • Owner Before Previous Owner: SAGAMORE HILL TWO LLC
  • Ownership Rights Codes: Family Trust

Neighborhood

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

Zoning

  • Zoning: BUR4*

Geography

  • Assessors Map Reference: 17-B4
  • Subdivision Tract Number: 4615
  • Parcel: 2466-014-024
  • Lot: 91
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1981
  • Longitude: -118.339

    Address

  • Full Address: 2317 N Frederic St
  • Address - House Number: 2317
  • Street Direction: N
  • Address - Street Name: Frederic
  • Address - Suffix Type: St
  • State: CA
  • City Name: Burbank
  • Carrier Code: C002
  • 4-Digit Zip Code: 3328
  • Zip Code: 91504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,900
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 3,908,631
  • High Value: 4,772,606
  • Low Value: 3,044,655

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,844,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,844,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,298,027
  • Assessed Land Value: $1,717,024
  • Assessed Improvements Value: $2,581,003

    Sales

  • Current Sale Contract Date: May 02, 2018
  • Current Sale Recording Date: May 18, 2018
  • Current Sale Transaction ID: 11464453696
  • Current Sale Price: $3,930,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0496824
  • Previous Sale Recording Date: Mar 16, 2009
  • Previous Sale Contract Date: Nov 03, 2008
  • Previous Sale Amount: $588,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 18, 2018
  • First Mortgage Loan Amount: $25,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: LUTHER BURBANK SAVINGS
  • Previous Mortgage Transaction Date: Mar 16, 2009
  • Previous Mortgage Loan Amount: $1,270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Burbank



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Nearby Rentals

Unit for rent at 2929 N Lincoln Street, Burbank, CA, 91504

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,630 ft²
2929 N Lincoln Street, Burbank, CA, 91504 Listing by Fred Herrman

Frequently Asked Questions

What neighborhood is 2317 North Frederic Street located in?
The 2317 North Frederic Street is a located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 2317 North Frederic Street?
The average sales price for units in 2317 North Frederic Street is $0 currently.

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