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$1,795,000

Beds
4
Baths
3.0
sq ft
2,368

649 Tufts Ave, Burbank, CA 91504

649 Tufts Ave

Burbank, CA 91504

  • 100 days on market
    • Price drop $93,000↓
Main House PLUS ADU w/two separate addresses: 649 Tufts Ave (Main House) and 651 Tufts Ave (ADU). The options are endless with this charming traditional style upgraded single family residence with a NEWER 2021 built fully permitted detached ADU, with a total combined 2,368 square feet, in one of the most highly desirable and sought-after locations in the Burbank Hills above Glenoaks Blvd with stunning mountain views! Live in one and rent out the other, use both for additional living quarters for extended family or guests or as an office, or rent both for cash flow. Set on a gorgeous and wide tree-lined street, this bright, airy, and spacious single-level front main home features 3 bedrooms and 2 bathrooms, an open and highly functional floor plan, hardwood floors throughout, a formal living room plus a bonus family room/den, and 1,968 square feet of living space over a large 6,802 square feet lot. Updated and move-in ready, the open kitchen features an oversized Calacatta quartz island, quality white and light brown-toned cabinets, luxurious Thermador stove, oven, microwave, and is rounded out by stainless steel appliances throughout - a French door refrigerator and a dishwasher. The primary bedroom is an updated open bedroom offering recessed lighting and features a sleek and modern no-wall design primary bathroom highlighted by a freestanding bathtub, walk-in shower, a beautiful Jack and Jill vanity, and quality large slab tile work throughout. 2-car tandem driveway parking and in-home laundry is offered and a washer and dryer set is included. The NEWER 2021 built contemporary ADU, with it's own separate address of 651 Tufts Ave, is fully detached and features 1 bed and 1 bath and 400 square feet of living space. This cute home is bright and airy with an open floor plan, recessed lighting along with skylights, and has thoughtful finishes throughout. The open kitchen features modern white-toned cabinetry, butcher block countertops, and is rounded out with stainless steel appliances - stove and dishwasher. The bathroom is highlighted by a walk-in shower with beautiful tile work, an all-white vanity, and sleek modern neutral colorways throughout. In-unit laundry with a washer/dryer all-in-one set, a dedicated private enclosed yard offering ultimate privacy, and plenty of street parking. With so much to offer including top-rated Burbank schools and tranquil hillside living yet within walking distance to Glenoaks Blvd and just moments away to all of the shopping, dining, and entertainment possibilities in downtown Burbank, this is truly an excellent opportunity that you would not want to miss!

Details

Property type

Single Family Residence

Est. home value

$1,427,253

Lot size

6,802 sq ft

Price per sq ft

$759

Year built

1951

HOA

No

Price History

12/06/2024
CLAW

CLAW #24438225

Price change
$1,795,000
-4.93%
11/15/2024
CLAW

CLAW #24438225

Removed
$1,888,000
11/15/2024
CLAW

CLAW #24438225

Listed
$1,888,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$897,326
Asking price
$1,795,000
Closing costs (~8% of asking)
-$143,600
Est. remaining loan balance
-$754,074
Cash to seller
$897,326

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$822,375

Est. remaining balance

$754,074

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Negin Stern and Lawrence R Stern

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: 12/22/2024 at 6:45 PM

Listing updated: 12/06/2024 at 1:41 PM

Listed by: Negin Stern, LeMark Realty Phone #: (626) 437-2854

MLS: CLAW #24438225

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