1611 W Olive Ave Burbank, CA 91506

$2,251,000 Sold Price as of 07/11/2016
  • -- Beds
  • -- Baths
  • 2,400 Sq.Ft.
Off Market
$2,251,000 Sold Price as of 07/11/2016 Refinance Your Mortgage

Map preview of 1611 W Olive Ave, Burbank, CA 91506

Property Overview: 1611 W Olive Ave Burbank, CA has -- bedrooms, -- bathrooms, 2,400 living square feet and 10,224 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1611 W Olive 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 $1,134,888. 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 $226,978 for the down payment and will need roughly $22,698 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 $62,000. 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 1611 W Olive Ave

Last sold for $2,251,000 on July 11th, 2016
  • July, 2016

  • Jul 11, 2016

    Date

    Sold (Public Records)

    Public Records

    $2,251,000

    Price

Tax History for 1611 W Olive Ave

Assessed Value (2020): $782,325
Year Land Value Improved Value Assessed Value
2020 $572,316 $210,009 $782,325

About 1611 W Olive Ave

Detailed summary of property

1611 W Olive Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Burbank, CA 91506 and last sold on July 11, 2016 for $2,251,000. This property has -- bedrooms, -- bathrooms, roughly 2,400 living square feet, and sits on an approximately 10,224 square foot lot. Homes in Burbank are selling for a median price of $1,240,000 and a median price per square foot of $838. Based on Ardent Real Estate Group's Burbank Market Data, this home is sold 81.53% higher than the current median priced home. 1611 W Olive Ave was last sold on July 11, 2016 for $2,251,000. Local nearby listings include 3401 Barham Blvd Blvd #2, 3163 La Suvida Dr and 3180 Lindo St. The average home in Burbank, CA is selling in 63 days. There are currently 149 homes for sale in the Burbank real estate market and 113 of them are single family homes while 18 of them are condos and 18 are townhomes. If you are the homeowner and looking to sell the home at 1611 W Olive 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 1611 W Olive Ave

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
2,400
Lot Size
10,224
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
2445-016-022

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.
$821
Median Sold Price
$1,395,000
Median Sold Price/Sq.Ft.
$838
Total Inventory
30
Median Sale to List Price %
107.31%
Avg Days on Market
35
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (40%), Other (6.67%)

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Nearby Homes to 1611 W Olive Ave

Data from public records.

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3 Beds | 2 Baths | 1,317 Sq. Ft.
4 Beds | 3 Baths | 1,757 Sq. Ft.
4 Beds | 3 Baths | 1,872 Sq. Ft.
5 Beds | 3 Baths | 2,439 Sq. Ft.
3 Beds | 1 Baths | 1,270 Sq. Ft.