tomo logo

$1,375,000

Beds
3
Baths
2.5
sq ft
1,322

248 S Virginia Ave, Burbank, CA 91506

248 S Virginia Ave

Burbank, CA 91506

  • 56 days on market
    • Price drop $24,000↓
Live the dream in this charming and spacious home, complete with pool/spa and detached bonus room with bath, is full of character and modern comforts. Featuring real hardwood floors throughout, the bright and airy layout welcomes you with a living room complete with plantation shutters and a cozy brick fireplace, perfect for relaxing evenings. The updated wrap-around kitchen boasts stainless steel appliances and plenty of counter space for culinary enthusiasts. The home offers 2 generous bedrooms and 2 well-appointed bathrooms, along with a cozy den with vaulted ceilings that opens to the backyard, where you'll find a sparkling pool and spa—ideal for outdoor enjoyment and entertaining. A cute brick front porch with drought-resistant landscaping adds to the home’s curb appeal, while the property also features a detached 2-car garage, a 1-car carport, and a gated concrete driveway with brick trim, perfect for RV parking. The 428 sq ft recreation/hobby/workshop room at the rear of the property comes complete with a 3/4 bath, offering flexibility a home office, or studio space. Modern upgrades include copper plumbing, underground electrical, central air and heat, and fresh paint, making this home move-in ready and perfect for those seeking comfort and convenience in a quiet neighborhood.

Details

Property type

Single Family Residence

Est. home value

$1,339,859

Lot size

7,002 sq ft

Price per sq ft

$1,041

Year built

1944

HOA

No

Price History

10/15/2024
CRMLS

CRMLS #SR24198490

Price change
$1,375,000
-1.72%
09/27/2024
CRMLS

CRMLS #SR24198490

Listed
$1,399,000
+14.2%
06/17/2022
CRMLS

CRMLS #BB22085382

Sold
$1,225,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Burbank Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$613,763
Asking price
$1,375,000
Closing costs (~8% of asking)
-$110,000
Est. remaining loan balance
-$651,237
Cash to seller
$613,763

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mufg Union Bank Na

Loan start date

May 2022

Original loan amount

$680,000

Est. remaining balance

$651,237

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Carl W Chamberlin and Nancy Sandoval

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 12:45 PM

Listing updated: 11/17/2024 at 3:40 PM

Listed by: Jennifer Landon, Landon Realty Group Phone #: (818) 613-1767

MLS: CRMLS #SR24198490

CRMLS logo

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