tomo logo

$2,299,000

Beds
4
Baths
2.0
sq ft
2,999

821 E Walnut Ave, Burbank, CA 91501

821 E Walnut Ave

Burbank, CA 91501

  • 36 days on market
This elegant and traditional home is located on a prime block in one of Burbank's best neighborhoods. It offers an unparalleled living experience with amazing indoor and outdoor spaces, privacy and elegance. Brick steps bring you to the home's fabulous entrance, a uniquely shaped room with amazing light, a high ceiling, and built-in nooks for artwork, plus two coat closets. This space branches off into the three wings of the home. The top floor features a stunning formal living room with 9' high ceilings, a wall of windows and an amazing outdoor deck with views of the mountains and a prime viewing spot for the annual Starlight Bowl fireworks show. Also upstairs are two large bedrooms and an updated full bathroom. The entrance level of the home has a large formal dining room with a picture window to the lovely front yard and the neighborhood. The spacious kitchen with plenty of space for an eat-in dining area, opens to the backyard and an outdoor kitchen with built-in barbecue. On the ground level, you will find a fantastic entertaining space that has a fireplace, a family room, a huge open space for a second dining area or game room, wet bar, wine refrigerator, beautiful built-ins, and access to the stunning backyard. Also downstairs is the master suite, with french doors to the backyard, a large walk-in closet and updated ensuite bathroom. There is also a spacious fourth bedroom and another large walk-in closet. Elegant dark walnut hardwood flooring is throughout the home. And if that wasn't enough, there is a large basement with a laundry room, tons of storage and even more space for hanging out! The nearly 9000 square foot flat lot features an incredible back yard, surrounded by mature landscaping, jasmine and an updated pool and jacuzzi with hot tub. There is also a spacious yard, an outdoor kitchen, fire pit providing space for ample outdoor seating and play. Recent updates to the home include new HVAC system, new pool equipment and smart lighting.

Details

Property type

Single Family Residence

Est. home value

$2,165,221

Property condition

Updated/Remodeled

Lot size

8,693 sq ft

Price per sq ft

$767

Year built

1949

HOA

No

Price History

05/31/2024
CLAW

CLAW #24387177

Listed
$2,299,000
+14.95%
07/07/2021
CRMLS

CRMLS #BB21107911

Sold
$2,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$807,511
Asking price
$2,299,000
Closing costs (~8% of asking)
-$183,920
Est. remaining loan balance
-$1,307,569
Cash to seller
$807,511

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

June 2021

Original loan amount

$1,400,000

Est. remaining balance

$1,307,569

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Antony Teofilo and Kerianne Teofilo

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?

Similar Homes Nearby

CRMLS
$2,399,000
4 bd
|
4 ba
|
2,724 sq ft
|
House

905 N Pass Ave, Burbank, CA 91505

CRMLS
$2,250,000
4 bd
|
3.5 ba
|
3,385 sq ft
|
House

713 S Sunset Canyon Dr, Burbank, CA 91501

CRMLS
$1,999,999
4 bd
|
3.5 ba
|
3,850 sq ft
|
House

521 S Via Montana, Burbank, CA 91501

Status: Active

Tomo last checked: 07/05/2024 at 7:05 PM

Listing updated: 06/27/2024 at 8:13 AM

Listed by: Sabra Gandhi Sellers, Sabra Sellers Real Estate Inc. Phone #: (310) 966-0643

MLS: CLAW #24387177

CLAW logo

Recently listed in Burbank

$1,495,000|3 bd|1.5 ba|House
$1,398,000|3 bd|2.0 ba|House
$1,649,999|4 bd|2.0 ba|House
$755,000|3 bd|3.0 ba|Townhouse
$1,229,000|3 bd|1.75 ba|House
$849,000|3 bd|3.0 ba|Condo
$1,200,000|3 bd|1.75 ba|House
$1,195,000|2 bd|2.5 ba|House
$1,940,000|5 bd|3.5 ba|House
$1,199,999|3 bd|2.0 ba|House