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724 Cambridge Drive

724 Cambridge Drive, Burbank, CA 91504
Property in Burbank
Sold May 27, 2021
$1,294,000
$700,000 by Us Bank Na
Mortgage Due Jun 01, 2051
Sold Sep 28, 2010
$635,000
$300,000 by Carnegie Mortgage Llc
Mortgage Due Oct 01, 2040
724 Cambridge 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 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1952. The home has a total of 8 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 724 Cambridge Drive has 1,643 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 1,160 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 7,294 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 attached garage for those who require parking. 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. 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 A 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 724 Cambridge Drive was last sold in Apr 16, 2021 for $1,294,000. According to our calculations, that's $787.58 per sqft. Prior to that sales transaction, the property was sold for $635,000 in Jul 8, 2010. Current property owners are expected to pay $14,481 in taxes per year. The property on 724 Cambridge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,346,277. To break that down further, the land itself was valued at $1,056,630. While improvements to the property were assessed at a total of $289,647. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,294
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,643
  • Building Area: 1,643
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,643
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 16973
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 16973 LOT/SEC 109

Ownership

  • Current Owner : THUESEN EMILY
  • Previous Owner : ENGLISH GAVIN
  • Owner Before Previous Owner: SMITH MARISA YUK WAH KWAN
  • Owner Before Previous Owner 2: SMITH THOMAS MELVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 310300

Zoning

  • Zoning: BUR1YY

Geography

  • Assessors Map Reference: 17-D4
  • Subdivision Tract Number: 16973
  • Parcel: 2459-015-031
  • Lot: 109
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1992
  • Longitude: -118.318

    Address

  • Full Address: 724 Cambridge Dr
  • Address - House Number: 724
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Burbank
  • Carrier Code: C012
  • 4-Digit Zip Code: 2906
  • Zip Code: 91504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,481
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 1,554,233
  • High Value: 1,901,223
  • Low Value: 1,207,243

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Nov 09, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,346,277
  • Assessed Land Value: $1,056,630
  • Assessed Improvements Value: $289,647

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836303364
  • Current Sale Price: $1,294,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0853496
  • Previous Sale Recording Date: Sep 28, 2010
  • Previous Sale Contract Date: Jul 08, 2010
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CARNEGIE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 28, 2010
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2040

About Burbank



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Frequently Asked Questions

What neighborhood is 724 Cambridge Drive located in?
The 724 Cambridge Drive is a located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 724 Cambridge Drive?
The average sales price for units in 724 Cambridge Drive is $0 currently.

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