tomo logo

$1,615,000

Beds
3
Baths
2.0
sq ft
1,667

745 N Reese Pl, Burbank, CA 91506

745 N Reese Pl

Burbank, CA 91506

  • 16 days on market
Chandler Park Modern Farmhouse on full size, well-manicured corner lot. Set on a quiet street, this fully remodeled inside and out, 1,667 sq. ft. three bedroom, two bath home is full of natural light with a wonderful open plan, soaring ceilings accented by hand hewn beams, and new hardwood floors throughout. Plenty of room to entertain in the spacious living room/dining room combo featuring a beautiful newly rebuilt fireplace flanked by built-ins. A new white galley kitchen complete with designer countertops, subway tile backsplashes and stainless steel appliances is sure to please every chef! An oversized primary suite with private bath for two and walk-in closet plus 2nd bedroom, full bath and concealed laundry are on the main floor. Upstairs is the light-filled 3rd bed/flex space under a vaulted ceiling with ample light. Private entertainer's side turf yard with new wrought iron fence, covered back patio, two-car garage with new door. Brand new roof and AC unit round out this phenomenal home! This property sits on the Chandler bike bath and is in one of the area's top school districts, just a stone's throw away!!! ***NO OPEN HOUSES. PRIVATE SHOWINGS ONLY***

Details

Property type

Single Family Residence

Est. home value

$1,534,598

Property condition

Updated/Remodeled

Lot size

6,140 sq ft

Price per sq ft

$969

Year built

1945

HOA

No

Price History

02/07/2025
CLAW

CLAW #25495875

Listed
$1,615,000
+6.6%
12/13/2021
CLAW

CLAW #21102261

Sold
$1,515,000
+133.08%
03/07/2017
CRMLS

CRMLS #SR17009343

Sold
$650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$1,084,749
Asking price
$1,615,000
Closing costs (~8% of asking)
-$129,200
Est. remaining loan balance
-$401,051
Cash to seller
$1,084,749

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

February 2017

Original loan amount

$475,000

Est. remaining balance

$401,051

Interest rate

4.32%

Loan type

New Conventional, 30 year

Seller

Melissa E Minney

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: 02/23/2025 at 1:30 AM

Listing updated: 02/18/2025 at 3:05 PM

Listed by: Craig Strong, Compass

MLS: CLAW #25495875

CLAW logo

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