tomo logo

$3,275,000

Beds
5
Baths
3.5
sq ft
4,184

914 E Grinnell Dr, Burbank, CA 91501

914 E Grinnell Dr

Burbank, CA 91501

  • 59 days on market
    • Price drop $124,000↓
Exquisite Luxury Home in Prestigious Burbank Neighborhood – 914 E Grinnell Dr. Welcome to this breathtaking custom single story luxury home nestled on one of Burbank's most coveted, tree-lined streets. Recently renovated with meticulous attention to detail, this 5-bedroom, 3.5-bathroom residence offers an open floor plan, ideal for entertaining guests or enjoying intimate family moments. As you step inside, you'll be greeted by a bright and inviting space, where the modern kitchen seamlessly flows into the heart of the home. The kitchen features a separate breakfast nook, perfect for cozy morning meals. The elegant dining room boasts a charming fireplace, creating an atmosphere ideal for hosting formal dinners or intimate gatherings. The main living area features a second oversized fireplace, offering warmth and comfort for relaxing evenings by the fire. Step outside to the elevated patio, where you can admire the lush, expansive backyard. Equipped with an outdoor BBQ kitchen, this space is perfect for hosting outdoor parties or unwinding after a long day. The sprawling 12,500 sq. ft. lot provides ample room for a pool or other recreational activities, offering a serene escape from the hustle and bustle of daily life. Adding to the versatility of this property is the bonus "rumpus room" located downstairs, complete with its own full bathroom and a separate entrance. This space can serve as a studio, guest suite, or a peaceful retreat for some personal solitude. A spacious, finished three-car garage with vaulted exposed beam ceilings offers endless possibilities for an ADU, gym, workshop, or a combination of uses. Optional Pool/Spa permit is ready to be built by the seller for an upgraded $175,000 option. Don’t miss the opportunity to experience the perfect blend of comfort, luxury, and convenience in this remarkable home. You can own a little piece of Hollywood history with the likes of Elton John, Elizabeth Taylor, Bryan Cranston, Toni Collette, Greg Kinnear, Paul Dano, Alan Arkin, Steve Carrell, Emma Stone, Kim Kardashian and many more have filmed commercials and movies in this iconic location. Schedule your visit today!

Details

Property type

Single Family Residence

Est. home value

$2,435,837

Lot size

0.2854 acres

Price per sq ft

$783

Year built

1956

HOA

No

Price History

11/17/2024
CRMLS

CRMLS #BB24196069

Price change
$3,275,000
-3.65%
10/31/2024
CRMLS

CRMLS #BB24196069

Price change
$3,399,000
-1.48%
10/15/2024
CRMLS

CRMLS #BB24196069

Price change
$3,450,000
-4.17%

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

$2,065,950
Asking price
$3,275,000
Closing costs (~8% of asking)
-$262,000
Est. remaining loan balance
-$947,050
Cash to seller
$2,065,950

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2022

Original loan amount

$975,000

Est. remaining balance

$947,050

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Michael S Cabrera and Andrea J Cabrera

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 11:40 AM

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

Listed by: Courtney McCarson, Real Brokerage Technologies Phone #: (855) 450-0442

MLS: CRMLS #BB24196069

CRMLS logo

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