NOT LISTED FOR SALE

Estimated Value: $2,652,417 - $3,729,000

5 Beds
5 Baths
5,406 Sq Ft
$604/Sq Ft Est. Value

About This Home

This home is located at 1240 Alta Paseo, Burbank, CA 91501 and is currently estimated at $3,267,854, approximately $604 per square foot. 1240 Alta Paseo is a home located in Los Angeles County with nearby schools including Joaquin Miller Elementary School, John Muir Middle School, and Burbank High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Abnous Hamlet and Karineh Elmira
Bought by
Abnous Hamlet
Current Estimated Value
$3,267,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Outstanding Balance
$1,908,930
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,358,924

Purchase Details

Closed on
Mar 24, 2022
Sold by
Karineh Assatourian
Bought by
Abnous Hamlet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 9, 2022
Sold by
Yazdi Revocable Family Trust
Bought by
Abnous Hamlet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 1995
Sold by
Yazdi Mehdi and Yazdi Rebecca
Bought by
Yazdi Mehdi and Yazdi Rebecca

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abnous Hamlet -- Lawyers Title Company
Abnous Hamlet -- Lawyers Title Company
Abnous Hamlet -- Lawyers Title
Abnous Hamlet $2,400,000 Lawyers Title
Yazdi Mehdi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abnous Hamlet $1,950,000
Previous Owner Abnous Hamlet $1,900,000
Previous Owner Yazdi Mehdi $1,000,000
Previous Owner Yazdi Mehdi $1,000,000
Previous Owner Yazdi Mehdi $120,000
Previous Owner Yazdi Mehdi $380,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $27,892 $2,496,959 $1,280,836 $1,216,123
2023 $27,593 $2,448,000 $1,255,722 $1,192,278
2022 $11,144 $989,775 $398,928 $590,847
2021 $11,074 $970,368 $391,106 $579,262
2019 $10,630 $941,588 $379,506 $562,082
2018 $10,467 $923,126 $372,065 $551,061
2016 $9,898 $887,281 $357,618 $529,663
2015 $9,699 $873,954 $352,247 $521,707
2014 $9,670 $856,835 $345,347 $511,488
Source: Public Records

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