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2329 North Lincoln Street

2329 North Lincoln Street, Burbank, CA 91504
Multifamily in Burbank
Sold May 14, 2019
$1,650,000
$990,000 by Jpmorgan Chase Bank Na
Mortgage
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Local assessors in Burbank, CA have categorized 2329 North Lincoln Street as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 9,000 square feet. 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, 10 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 7 full bathrooms. There are also 7 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2329 North Lincoln Street has a total of 4,759 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. Residents rely on air conditioning for their cooling system. 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, 2329 North Lincoln Street was last sold in Apr 17, 2019 for $1,650,000. According to our calculations, that's $346.71 per sqft. Current property owners are expected to pay $19,610 in taxes per year. The property on 2329 North Lincoln Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,769,131. To break that down further, the land itself was valued at $1,072,201. While improvements to the property were assessed at a total of $696,930. 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. 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.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.

Building Features

Parking

Garage Parking
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: 10
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 4,759
  • Building Area: 4,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 4,759
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8619
  • Land Acres: 0.207
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: *TR=8619*THAT POR (EX OF ST) LYING NE OF WASHINGTON CIRCLE OF LOTS 38 AND 39 AND (EX OF ST) LOT/SEC 40

Ownership

  • Current Owner : SABINA GROUP LLC
  • Previous Owner : GALANTE ANTHONY R GALANTE
  • Previous Owner 2: GALANTE JOSEPHINE P
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 310601

Zoning

  • Zoning: BUR3*

Geography

  • Assessors Map Reference: 17-B4
  • Subdivision Tract Number: 8619
  • Parcel: 2473-025-001
  • Lot: 38,39
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1983
  • Longitude: -118.336

    Address

  • Full Address: 2329 N Lincoln St
  • Address - House Number: 2329
  • Street Direction: N
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: CA
  • City Name: Burbank
  • Carrier Code: C023
  • 4-Digit Zip Code: 3310
  • Zip Code: 91504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,610
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 1,754,328
  • High Value: 1,958,635
  • Low Value: 1,550,020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $990,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 14, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $990,000
  • 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: $1,769,131
  • Assessed Land Value: $1,072,201
  • Assessed Improvements Value: $696,930

    Sales

  • Current Sale Contract Date: Apr 17, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Transaction ID: 11607029347
  • Current Sale Price: $1,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0439022

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 14, 2019
  • First Mortgage Loan Amount: $990,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Burbank




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Frequently Asked Questions

What neighborhood is 2329 North Lincoln Street located in?
The 2329 North Lincoln Street is a multifamily located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 2329 North Lincoln Street?
The average sales price for units in 2329 North Lincoln Street is $0 currently.

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