250 N First St #317 Burbank, CA 91502

$225,000 Sold Price as of 01/30/2018

1 Beds
1 Baths
650 Sq.Ft.

Off Market

$225,000 Sold Price as of 01/30/2018 Refinance Your Mortgage

Property Overview: 250 N First St #317 Burbank, CA has 1 bedrooms, 1 bathrooms, 650 living square feet and 84,245 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

250 N First St #317 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 $1,249,000. The median price per/sqft for Burbank is $802. 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 $249,800 for the down payment and will need roughly $24,980 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 $65,000. 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 250 N First St #317

Last sold for $225,000 on January 30th, 2018

January, 2018
Jan 31, 2018

Date

Sold

CRMLS: AR17182011

$224,672

Price
Jan 8, 2018

Date

Pending

CRMLS: AR17182011

$293,500

Price
Dec 6, 2017

Date

Active Under Contract

CRMLS: AR17182011

$293,500

Price
Nov 20, 2017

Date

Hold

CRMLS: AR17182011

$293,500

Price
Nov 19, 2017

Date

Active

CRMLS: AR17182011

$293,500

Price
Oct 31, 2017

Date

Hold

CRMLS: AR17182011

$293,500

Price
Oct 30, 2017

Date

Active

CRMLS: AR17182011

$293,500

Price
Oct 29, 2017

Date

Expired

CRMLS: AR17182011

$293,500

Price
Oct 20, 2017

Date

Hold

CRMLS: AR17182011

$293,500

Price
Sep 28, 2017

Date

Active

CRMLS: AR17182011

$293,500

Price
Sep 6, 2017

Date

Hold

CRMLS: AR17182011

$293,500

Price
Aug 29, 2017

Date

Active

CRMLS: AR17182011

$293,500

Price
Listing provided courtesy of CRMLS

This beautiful unit is part of the Burbank Collection, an upscale condominium complex located in the heart of downtown Burbank. For a limited time, the condo is being offered under Burbank’s Housing Affordability Program (see important qualifying details below). The condo has a spacious and open layout with a large living room, plenty of natural light, a large washer/dryer pantry, 2 tandem parking spaces, and additional storage in the underground parking area. The complex features amazing amenities: a state of the art gym, basic Direct Tv service, water, trash, gas, a relaxing outdoor pool, an entertainment lounge with a pool table and flat screen TV, an outdoor putting green, patio BBQ stations, a gas fire pit, even a Bocce ball court. With too many amenities to mention please don't miss this great opportunity for a first-time buyer! Prospective purchasers *MUST* be income-qualified by the City of Burbank. Income guideline for the city’s affordable sales price: Buyer must make between $50,500-$54,450 for 1 person - purchase price will be $224,672 * $57,700-$62,200 for 2 people - purchase price will be $252,080 * $64,900-$70,000 for 3 people - purchase price will be $293,512. The City will be pre-screening the potential buyer so you MUST make between those ranges (NO EXCEPTIONS). Minimum 5% down payment. Buyer must assume a silent second loan, which does not require interest or monthly payments as long as the buyer follows city requirements * Must be owner occupied!

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January, 2018
Jan 30, 2018

Date

Sold (Public Records)

Public Records

$225,000

Price
August, 2008
Aug 29, 2008

Date

Sold (Public Records)

Public Records

$163,500

Price

Tax History for 250 N First St #317

Assessed Value (2020): $240,331

Year	Land Value	Improved Value	Assessed Value
2020	$144,615	$95,716	$240,331

About 250 N First St #317

Detailed summary of property

250 N First St #317 is a condominium in Burbank, CA 91502 and last sold on January 30, 2018 for $225,000. This condo has 1 bedrooms, 1 bathrooms, roughly 650 living square feet, and sits on an approximately 84,245 square foot lot. Homes in Burbank are selling for a median price of $1,300,000 and a median price per square foot of $805. Based on Ardent Real Estate Group's Burbank Market Data, this home is sold 82.69% lower than the current median priced home. 250 N First St #317 was last sold on January 30, 2018 for $225,000. The average home in Burbank, CA is selling in 62 days. There are currently 132 homes for sale in the Burbank real estate market and 108 of them are single family homes while 14 of them are condos and 10 are townhomes. If you are the homeowner and looking to sell the home at 250 N First St #317 Burbank, CA 91502 contact Ardent Real Estate Group and we will put you in touch with one of our Burbank agents.

Public Facts for 250 N First St #317

Public county record property details

Beds: 1
Baths: 1
Year built: 2007
Sq. Ft.: 650
Lot Size: 84,245
Stories: --

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 2453-005-080

The source for these homes facts are from public records.

91502 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$899,000

Median List Price/Sq.Ft.

$508

Median Sold Price

$570,000

Median Sold Price/Sq.Ft.

$877

Total Inventory

Median Sale to List Price %

98.53%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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