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727 East Walnut Avenue

727 East Walnut Avenue, Burbank, CA 91501
Property in Burbank
Sold Feb 13, 2024
$900,000
$630,000 by Scl Funding Llc
Mortgage Due Mar 01, 2025
Sold Jul 26, 2021
$1,150,000
$920,000 by Pmac Lending Services Inc
Mortgage Due Aug 01, 2051
727 East Walnut Avenue in Burbank, CA was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 727 East Walnut Avenue has 1,882 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,580. In total, the area measurement of the land is 9,480 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 727 East Walnut Avenue sold most recently in Jan 24, 2024 for a total of $900,000. If you work out the math, that's approximately a cost of $478.21 per sqft. Before that, the property was also sold for $1,150,000 in Jun 2, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $12,690 in taxes each year. The initial year of tax delinquency occurred in 2022. 727 East Walnut Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,173,000. If we break it down further, the land itself was valued at $765,000. Improvements to the property, however, were assessed at a total of $408,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1953
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,480
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,882
  • Building Area: 1,882
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,882
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5877
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5877 LOT/SEC 3 BLK/DIV/TWN 16

Ownership

  • Current Owner : HARUTYUNYAN SVETIK
  • Previous Owner : DAVIT KHANAGOVYAN
  • Owner Before Previous Owner: LEVY MOSHE
  • Owner Before Previous Owner 2: LEVY CATHERINE CABALODINTO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

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

Zoning

  • Zoning: BUR1*

Geography

  • Assessors Map Reference: 17-D4
  • Subdivision Tract Number: 5877
  • Parcel: 2459-006-046
  • Block: 16
  • Lot: 3
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1941
  • Longitude: -118.311

    Address

  • Full Address: 727 E Walnut Ave
  • Address - House Number: 727
  • Street Direction: E
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Burbank
  • Carrier Code: C023
  • 4-Digit Zip Code: 1727
  • Zip Code: 91501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,690
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 1,543,820
  • High Value: 1,842,563
  • Low Value: 1,245,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $630,000
  • First Open Lien Mortgage Lender: SCL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Feb 13, 2024
  • First Open Lien Mortgage Loan Amount: $630,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,173,000
  • Assessed Land Value: $765,000
  • Assessed Improvements Value: $408,000

    Sales

  • Current Sale Contract Date: Jan 24, 2024
  • Current Sale Recording Date: Feb 13, 2024
  • Current Sale Transaction ID: 11920704738
  • Current Sale Price: $900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95739
  • Previous Sale Recording Date: Jul 26, 2021
  • Previous Sale Contract Date: Jun 02, 2021
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SCL FUNDING LLC
  • First Mortgage Transaction Date: Feb 13, 2024
  • First Mortgage Loan Amount: $630,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2025

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Jul 26, 2021
  • Previous Mortgage Loan Amount: $920,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Burbank



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Frequently Asked Questions

What neighborhood is 727 East Walnut Avenue located in?
The 727 East Walnut Avenue is a located in the neighborhood of Burbank in Burbank, Burbank.
What is the average sales price for listings in 727 East Walnut Avenue?
The average sales price for units in 727 East Walnut Avenue is $0 currently.

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