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820 North Lima Street

820 North Lima Street, Burbank, CA 91505
Property in Magnolia Park
Sold Oct 09, 2019
$780,000
$468,000 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2049
820 North Lima Street in Burbank, CA was first built in 1926 and is 98 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Tudor style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 820 North Lima Street has 1,028 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 500 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 6,780 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. 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 B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating 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, 820 North Lima Street was last sold in Sep 24, 2019 for $780,000. According to our calculations, that's $758.75 per sqft. Current property owners are expected to pay $8,911 in taxes per year. The property on 820 North Lima Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $819,917. To break that down further, the land itself was valued at $655,934. While improvements to the property were assessed at a total of $163,983. 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. 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!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: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,780
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,028
  • Building Area: 1,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7897
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7897 LOT/SEC 169

Ownership

  • Current Owner : JAMES STEPHEN C
  • Current Owner 2: MCCREARY JENNIFER C
  • Previous Owner : MIHALICH SERGIO
  • Previous Owner 2: MIHALICH SERGLO REVOCABLE LIVI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 311500

Zoning

  • Zoning: BUR1*

Geography

  • Assessors Map Reference: 24-B2
  • Subdivision Tract Number: 7897
  • Parcel: 2480-006-010
  • Lot: 169
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1663
  • Longitude: -118.342

    Address

  • Full Address: 820 N Lima St
  • Address - House Number: 820
  • Street Direction: N
  • Address - Street Name: Lima
  • Address - Suffix Type: St
  • State: CA
  • City Name: Burbank
  • Carrier Code: C033
  • 4-Digit Zip Code: 2927
  • Zip Code: 91505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,911
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,128,219
  • High Value: 1,368,934
  • Low Value: 887,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 09, 2019
  • First Open Lien Mortgage Loan Amount: $468,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $819,917
  • Assessed Land Value: $655,934
  • Assessed Improvements Value: $163,983

    Sales

  • Current Sale Contract Date: Sep 24, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Transaction ID: 11660034165
  • Current Sale Price: $780,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-1071478

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 09, 2019
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 820 North Lima Street located in?
The 820 North Lima Street is a located in the neighborhood of Magnolia Park in Burbank, Burbank.
What is the average sales price for listings in 820 North Lima Street?
The average sales price for units in 820 North Lima Street is $0 currently.

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