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535 Andover Drive

535 Andover Drive, Burbank, CA 91504
Property in Burbank
Sold Oct 06, 2020
$1,525,000
$700,000 by Mortgage Capital Partners Inc
Mortgage Due Oct 01, 2050
535 Andover Drive 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 1950 and is 74 years old. The home has a total of 12 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 535 Andover Drive has 3,148 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 1,530 ft and across the front of the lot is 1,010 ft. The area measurement of the land has been determined as 15,176 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 535 Andover Drive sold most recently in Aug 27, 2020 for a total of $1,525,000. If you work out the math, that's approximately a cost of $484.43 per sqft. 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 $17,217 in taxes each year. 535 Andover Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,586,609. If we break it down further, the land itself was valued at $1,210,609. Improvements to the property, however, were assessed at a total of $376,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,176
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 3,148
  • Building Area: 3,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5073
  • Land Acres: 0.348
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5073 LOT/SEC 1 BLK/DIV/TWN 16

Ownership

  • Current Owner : PURMA JOEL ELLIS
  • Current Owner 2: HULEIS CHRISTINE
  • Previous Owner : STERN CAROL
  • Previous Owner 2: PRIMO DEBORAH
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 310602

Zoning

  • Zoning: BUR1YY

Geography

  • Assessors Map Reference: 17-D4
  • Subdivision Tract Number: 5073
  • Parcel: 2459-019-001
  • Block: 16
  • Lot: 1
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1964
  • Longitude: -118.319

    Address

  • Full Address: 535 Andover Dr
  • Address - House Number: 535
  • Address - Street Name: Andover
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Burbank
  • Carrier Code: C012
  • 4-Digit Zip Code: 3906
  • Zip Code: 91504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,217
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,989,572
  • High Value: 2,425,474
  • Low Value: 1,553,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,586,609
  • Assessed Land Value: $1,210,609
  • Assessed Improvements Value: $376,000

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11790491894
  • Current Sale Price: $1,525,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1232437

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Burbank



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Frequently Asked Questions

What neighborhood is 535 Andover Drive located in?
The 535 Andover Drive is a located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 535 Andover Drive?
The average sales price for units in 535 Andover Drive is $0 currently.

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