NOT LISTED FOR SALE

Estimated Value: $3,918,000 - $4,958,000

5 Beds
7 Baths
6,448 Sq Ft
$688/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $2,600,000 $403 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $28,017/month

7 Days on Market

Highlights

  • Gated with Attendant
  • In Ground Pool
  • Panoramic View
  • Thomas Jefferson Elementary School Rated A
  • Primary Bedroom Suite
  • 0.42 Acre Lot

About This Home

As of December 2015

Palatial Mediterranean style View estate nestled at the end of the cul-de-sac in Burbank Hills' most prestigious & luxurious Highridge community. Residents of this luxurious 2 story home built in 2005 enjoy stunning architectural detailing, superb craftsmanship, uncompromised luxury living, w/ 5 bedrooms & 7 baths, 5-car garage, plus room for more parking, lavish master suite, gourmet kitchen & full-volume ceilings—ensuring exquisite views from within that rival the exterior panoramas of the Burbank airport, downtown Burbank & beyond. Grand formal dining w/ butler's pantry, wine cellar room, oversized family rm, library/office, Enjoy the attended private guarded gated entry unique & exclusive to High Ridge/Hallston estates, tennis courts, picnic areas, private streets, & close proximity to Burbank Studios, Bob Hope Burbank Airport & St. Joseph Hospital.

Last Listed By

Silva Hameline

No Firm Affiliation License #00964974 Listed on: 10/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,767

Year Built

  • Built in 2005

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 6,448 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2124
  • Tax Tract Number 35035
  • Assessor Parcel Number 2471055055

Community Details

Recreation

  • Tennis Courts

Security

  • Gated with Attendant
  • Controlled Access

Additional Features

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,767

Year Built

Built in 2005

Lot Details

0

HOA Fees

$448 per month

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2471055055
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6448.00
  • Interior Amenities: 2 Staircases, Balcony, Cathedral Ceiling(s), Crown Molding, High Ceilings, Pantry, Recessed Lighting, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Gas, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 403.23
  • Room Type: Entry, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Office
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Exterior Features: Barbecue Private
  • View: City Lights, Panoramic
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Cooktop, Range Hood, Microwave, Refrigerator, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Guard, Picnic Area, Tennis Court(s)
  • Association Fee: 448.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 18341.00
  • Price Per Lot Square Foot: 141.76
  • Lot Size Acres: 0.4210

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18341.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2124
  • Tax Tract Number: 35035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2016
Sold by
Davoody Carla
Bought by
Avanesian Hamlet S and Avanesian Caty
Total Days on Market
7
Current Estimated Value
$4,435,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,761,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 16, 2015
Sold by
Manasserian Grigor and Manasserian Elizabeth
Bought by
Avanesian Hamlet S and Avanesian Caty
Seller's Agent
Silva Hameline
No Firm Affiliation
Buyer's Agent
Silva Hameline
No Firm Affiliation
List Price
$3,250,000
Sold Price
$2,600,000
Premium/Discount to List
-$650,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$1,750,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2015
Sold by
311 E Cypress Llc
Bought by
Manasserian Grigor and Manasserian Elizabeth A

Purchase Details

Closed on
Dec 5, 2013
Sold by
Assatourian Karineh and Abnous Hamlet
Bought by
311 E Cypress Llc

Purchase Details

Closed on
Aug 22, 2005
Sold by
Cayman Burbank Lp
Bought by
Abnous Hamlet and Assatourian Karineh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Avanesian Hamlet S -- Nations Title Company
Avanesian Hamlet S $2,600,000 None Available
Manasserian Grigor -- Accommodation
311 E Cypress Llc $2,000,000 Lawyers Title
Abnous Hamlet $2,350,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avanesian Hamlet S $2,165,000
Closed Avanesian Hamlet S $2,300,000
Closed Avanesian Hamlet S $1,761,000
Previous Owner Avanesian Hamlet S $1,750,000
Previous Owner Assatourian Karineh Elmira $65,000
Previous Owner Assatourian Karineh $20,500
Previous Owner Assatourian Karineh $500,000
Previous Owner Abnous Hamlet $2,000,000
Previous Owner Abnous Hamlet $212,500
Previous Owner Abnous Hamlet $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $2,600,000 -20.0% $403 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $3,250,000 -- $504 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,767 $2,997,988 $1,419,086 $1,578,902
2023 $33,409 $2,939,205 $1,391,261 $1,547,944
2022 $31,903 $2,881,575 $1,363,982 $1,517,593
2021 $31,774 $2,825,075 $1,337,238 $1,487,837
2019 $30,492 $2,741,284 $1,297,576 $1,443,708
2018 $30,051 $2,687,534 $1,272,134 $1,415,400
2016 $28,721 $2,600,000 $1,230,700 $1,369,300
2015 $22,487 $2,039,960 $1,223,976 $815,984
2014 -- $2,200,000 $1,301,700 $898,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15109437

California Regional Multiple Listing Service (CRMLS)

APN: 2471-055-055