1116 W Palm Ave Burbank, CA 91506

$521,500 Sold Price as of 02/10/2004

5 Beds
3 Baths
2,253 Sq.Ft.

Off Market

$521,500 Sold Price as of 02/10/2004 Refinance Your Mortgage

Map preview of 1116 W Palm Ave, Burbank, CA 91506

Property Overview: 1116 W Palm Ave Burbank, CA has 5 bedrooms, 3 bathrooms, 2,253 living square feet and 8,694 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1116 W Palm Ave is currently an off market home in the city of Burbank. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Burbank has a median list price of $1,150,000. The median price per/sqft for Burbank is $790. With those numbers in mind, if you are looking to purchase a median priced home in Burbank, CA and put 20% down you will need to save up $230,000 for the down payment and will need roughly $23,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Burbank the commission could be as much as $57,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1116 W Palm Ave

Last sold for $521,500 on February 10th, 2004

February, 2004
Feb 10, 2004

Date

Sold (Public Records)

Public Records

$521,500

Price

Tax History for 1116 W Palm Ave

Assessed Value (2020): $677,958

Year	Land Value	Improved Value	Assessed Value
2020	$559,014	$118,944	$677,958

About 1116 W Palm Ave

Detailed summary of property

1116 W Palm Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Burbank, CA 91506 and last sold on February 10, 2004 for $521,500. This property has 5 bedrooms, 3 bathrooms, roughly 2,253 living square feet, and sits on an approximately 8,694 square foot lot. Homes in Burbank are selling for a median price of $1,150,000 and a median price per square foot of $834. Based on Ardent Real Estate Group's Burbank Market Data, this home is sold 54.65% lower than the current median priced home. 1116 W Palm Ave was last sold on February 10, 2004 for $521,500. Local nearby listings include 3163 La Suvida Dr, 3180 Lindo St and 3206 Deronda Dr. The average home in Burbank, CA is selling in 63 days. There are currently 151 homes for sale in the Burbank real estate market and 114 of them are single family homes while 19 of them are condos and 18 are townhomes. If you are the homeowner and looking to sell the home at 1116 W Palm Ave Burbank, CA 91506 contact Ardent Real Estate Group and we will put you in touch with one of our Burbank agents.

Public Facts for 1116 W Palm Ave

Public county record property details

Beds: 5
Baths: 3
Year built: 1934
Sq. Ft.: 2,253
Lot Size: 8,694
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 8
APN: 2446-006-027

The source for these homes facts are from public records.

91506 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,199,000

Median List Price/Sq.Ft.

$843

Median Sold Price

$1,100,000

Median Sold Price/Sq.Ft.

$895

Total Inventory

Median Sale to List Price %

110.55%

Avg Days on Market

Loan Type

Conventional (20%), FHA (0%), VA (0%), Cash (30%), Other (20%)

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