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$1,196,476Estimated home value

Beds
3
Baths
1.5
sq ft
1,203

647 S Sparks St, Burbank, CA 91506

647 S Sparks St

Burbank, CA 91506

  • Sold On 9/25/2024
On a pretty tree lined street, this stylish character home in the Rancho Equestrian District has been recently remodeled and upgraded. Curb appeal galore, it will make you happy every time you arrive home. On one of the best streets in the heart of the Rancho, you are strolling distance to Disney yet world’s away in a bucolic equestrian neighborhood where you will enjoy watching the daily parade of kids on bikes, ponies, horse drawn carriages and neighbors walking their dogs. Upon entering this jewel box, the living room with fireplace invites you and beckons you to get a cool beverage and head out back to watch the sunset in the additional 300 sqft covered entertainment area with outdoor kitchen, appliances, ceiling fan, and wall-mounted TV. There is a second covered porch area perfect to use as an entertainer’s BBQ lounge. Beautifully lit, you’ll enjoy Sunday mornings, weekend barbeques and endless evenings relaxing in this little piece of paradise with abundant and lush landscaping. Inside, gorgeous hardwood floors, updated kitchen, butler’s pantry and baths with plenty of room for everyone including your horses and chickens! There is a classic two stall barn with direct turnout area, hay/feed room and a tack room. Quick access to Griffith Park with the best riding on 50 miles of trails. This is the neighborhood of your dreams and you are close to coffee houses, cafes, Whole Foods, ice skating, tennis, basketball courts and children’s playground. Legendary Burbank services and blue ribbon schools including private LILA and Brighton Hall. Close to Griffith Park, the Equestrian Center and all the studios: Disney/ABC, Warner Bros, Universal/NBC, DreamWorks, Cartoon Network, Nickelodeon.

Details

Property type

Single Family Residence

Est. home value

$1,196,476

Lot size

6,517 sq ft

Price per sq ft

$1,243

Year built

1940

Price History

09/24/2024
CRMLS

CRMLS #BB24135248

Sold
$1,450,000
-3.01%
08/23/2024
CRMLS

CRMLS #BB24135248

Pending
$1,495,000
07/05/2024
CRMLS

CRMLS #BB24135248

Listed
$1,495,000
+31.72%

Schools & Community

Neighborhood: 

Rancho

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Stable(s), Park, 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

$593,282
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$782,118
Cash to seller
$593,282

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

May 2023

Original loan amount

$794,500

Est. remaining balance

$782,118

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Mary Catherine Franco and Agny Preston Franco

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: Off Market

Tomo last checked: 10/04/2024 at 4:55 PM

Listing updated: 09/30/2024 at 12:01 AM

Listed by: Alisa Cunningham, Douglas Elliman of California, Inc. Phone #: (424) 202-3200

MLS: CRMLS #BB24135248

CRMLS logo

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