See Home Value
$1,703,515*
House - Off Market

520 S Reese Place

Burbank, CA 91506
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1612 Sqft
$1,503,000 - $1,837,000
Reference Base Price*
2.01%
Since Jun 1, 2023
CA-Los Angeles
Primary Model
Sold May 23, 2023
$1,600,000
Sold Oct 22, 2021
$1,130,000
$1,148,200 by Civic Financial Services Llc
Mortgage Due Nov 01, 2022

About This Property

This stunning and comfortable home is located in the Rancho Equestrian District.As you walk in you will be greeted by a spacious living room with a travertine accent fireplace wall, all new flooring flows throughout, an open floor concept remodeled kitchen with an abundance of easy close cabinets, pot filler, quartz countertops, modern farmhouse sink, new peninsula bar heights seating and spacious pantry with stainless steel shelving, Additional kitchen amenities include built-in drawer microwave, 5 burner stove with air fryer technology, convection oven, 34 bottle capacity built-in wine cooler.  French doors off the living room and dining open to an extra large porch and pergola perfect for entertaining,  the yard is professionally landscaped with an automatic sprinklers system and vinyl privacy fence.The primary bedroom has a spacious walk-in closet and an oversize ensuite bathroom with a 20" rainfall system with multi-jets and wifi exhaust fan, a freestanding tub, extra large fog-proof LED mirror.  The second bathroom also has the same upgrades as the primary bathroom, all of the bedrooms are a good size. Laundry room with barn doors and folding table. New windows, a new roof, HVAC with new ducts and insulation throughout, new interior paint, new stucco with a cool coating (keeps 10 degrees cooler), and updated plumbing. New front permitter wall with stucco, steel matching fence, and a remote control electronic driveway gate.  2-car finished garage with a new electric door opener,  interlock flooring, glass garage door, and garage cabinetry. The driveway has been enlarged and includes decorative modern grass slats. Close proximity to all major studios, shopping, and acclaimed Burbank Schools.

The manager has listed the unit size as 1612 square feet.
Unit Size
1,612Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$1,036
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939

Price History

Date / Event Date Event Price
May 26, 2023 No longer available -
No longer available
May 23, 2023 Sold $1,600,000
Sold
May 16, 2023 In contract -
In contract
Mar 15, 2023 Listed $1,670,000
Listed
Oct 22, 2021 Sold $1,130,000
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,931
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,571
  • Building Area: 1,571
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,571
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8488
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 8488 LOT/SEC 28 BLK/DIV/TWN A

Ownership

  • Current Owner : MINGHUA LU AND YU WANG REVOCABLE TRUST
  • Previous Owner : 520 REESE LLC
  • Owner Before Previous Owner: STOCKPILE PROPERTY VENTURES LLC
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 311700

Zoning

  • Zoning: BUR1HY

Geography

  • Assessors Map Reference: 24-D2
  • Subdivision Tract Number: 8488
  • Parcel: 2443-013-023
  • Block: A
  • Lot: 28
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1604
  • Longitude: -118.319

    Address

  • Full Address: 520 S Reese Pl
  • Address - House Number: 520
  • Street Direction: S
  • Address - Street Name: Reese
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Burbank
  • Carrier Code: C046
  • 4-Digit Zip Code: 2915
  • Zip Code: 91506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,459
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,487,393
  • High Value: 1,820,165
  • Low Value: 1,154,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,152,600
  • Assessed Land Value: $922,080
  • Assessed Improvements Value: $230,520

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Transaction ID: 11906697435
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 334396
  • Previous Sale Recording Date: Oct 22, 2021
  • Previous Sale Contract Date: Sep 23, 2021
  • Previous Sale Amount: $1,130,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • Previous Mortgage Transaction Date: Oct 22, 2021
  • Previous Mortgage Loan Amount: $1,148,200
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2022



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,919 ft²
$782/ft²
$1,500,000 May 4, 2023
-
-

About Burbank


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Frequently Asked Questions

When was property at 520 South Reese Place built and last sold?
The property at 520 South Reese Place was built in 1939 and last sold on May 12, 2023 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 520 South Reese Place is $1,666,523.
What are some comparable homes to 520 South Reese Place?
There are currently no comparable homes to 520 South Reese Place.

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