716 S 5Th St Burbank, CA 91501

$2,976,000 Sold Price as of 09/28/2016

16 Beds
16 Baths
8,961 Sq.Ft.

Off Market

$2,976,000 Sold Price as of 09/28/2016 Refinance Your Mortgage

Property Overview: 716 S 5Th St Burbank, CA has 16 bedrooms, 16 bathrooms, 8,961 living square feet and 8,715 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

716 S 5Th St 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 $1,195,000. The median price per/sqft for Burbank is $768. 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 $239,000 for the down payment and will need roughly $23,900 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 716 S 5Th St

Last sold for $2,976,000 on September 28th, 2016

September, 2016
Sep 30, 2016

Date

Sold

CRMLS: 316005353

$2,976,000

Price
Jun 8, 2016

Date

Price Change

CRMLS: 316005353

$3,195,000

Price
Listing provided courtesy of CRMLS

Beautiful 8 unit apartment building consisting of (6) 2+2 units and (2) 2+2+Den units in prime Burbank location. Please see attached marketing brochure for more information.

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September, 2016
Sep 28, 2016

Date

Sold (Public Records)

Public Records

$2,976,000

Price
December, 1999
Dec 29, 1999

Date

Sold (Public Records)

Public Records

$1,029,000

Price

Tax History for 716 S 5Th St

Assessed Value (2020): $3,163,354

Year	Land Value	Improved Value	Assessed Value
2020	$1,247,980	$1,915,374	$3,163,354

About 716 S 5Th St

Detailed summary of property

716 S 5Th St is categorized with a use code of Apartment House (5+ Units) in Burbank, CA 91501 and last sold on September 28, 2016 for $2,976,000. This property has 16 bedrooms, 16 bathrooms, roughly 8,961 living square feet, and sits on an approximately 8,715 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 128.92% higher than the current median priced home. 716 S 5Th St was last sold on September 28, 2016 for $2,976,000. The average home in Burbank, CA is selling in 65 days. There are currently 124 homes for sale in the Burbank real estate market and 97 of them are single family homes while 17 of them are condos and 10 are townhomes. If you are the homeowner and looking to sell the home at 716 S 5Th St Burbank, CA 91501 contact Ardent Real Estate Group and we will put you in touch with one of our Burbank agents.

Public Facts for 716 S 5Th St

Public county record property details

Beds: 16
Baths: 16
Year built: 1973
Sq. Ft.: 8,961
Lot Size: 8,715
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5621-025-017

The source for these homes facts are from public records.

91501 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.

$616

Median Sold Price

$1,799,000

Median Sold Price/Sq.Ft.

$815

Total Inventory

Median Sale to List Price %

105.83%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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(714) 706-1823

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