4 months on rocket

Sale Pending

1031 N Valley St, Burbank, CA, 91505

$895,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,507 SqFt
$594/SqFt
House

Location

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1031 N Valley St, Burbank$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1940
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #24393635
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 1031 N Valley St

Trust Sale. NO Court confirmation required. For sale AFTER 47 years! Great opportunity to own a fixer upper Single Family home in desirable Burbank neighborhood, zoned BUR2. One of the lowest price per SF in the area, only $594 per SF. Property is vacant, and needs rehab and updating. Property does not have a driveway from the street. Sold AS IS & WHERE IS. Great opportunity for an owner/investor. Minutes away from NOHO Arts District, park, schools, entertainment, shopping center, entertainment, Ventura and Hollywood Fwy. Seller will not be responsible for any repairs, inspection reports, termite work, trash out, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations and assume all responsibilities. Seller is a Successor Trustee, un-related to the deceased property owner, and cannot make any representations as to the condition, history of the subject property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,507 SqFt

Listing Office:

  • Office Name: Ingenious Asset Group, Inc.
  • Office Phone: (310) 331-8552
  • Listing Agent: Vineendra Jain

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood
  • Interior: Separate/Formal Dining Room, Recessed Lighting
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Rectangular Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Burroughs High School, Public District Grades 9-12
  • Luther Burbank Middle School, Public District Grades 6-8
  • David Starr Jordan Middle School, Public District Grades 6-8
  • John Muir Middle School, Public District Grades 6-8
  • Theodore Roosevelt Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: North of Ventura Fwy (I-134), East of I-170, and West of Golden State Fwy (I-5). Just North of Magnolia Blvd. and South of Chandler Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $594/SqFt

Tax Information:

  • Annual Amount: $1,150
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burbank, CA.

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Burbank, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$783

Avg. Days On Market

25

# of Sold Homes

41

1031 N Valley St vs Burbank

140 DAYS ON ROCKET

+115 Days

$895,000

-$231.6K Less

$594/SqFt

-$190 Less

KEY TAKEAWAY

This property is $231.6K less than the Median Sold Price and $190/SqFt less than other homes in Burbank, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24393635

Listing Office:

  • Office Name: Ingenious Asset Group, Inc.
  • Office Phone: (310) 331-8552
  • Listing Agent: Vineendra Jain

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/18/2024, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,150$86,811
2020$1,107$85,922
2019$1,051$84,239
2018$1,029$82,588
2017$1,029$80,969

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-609693
8
/10

  • Theodore Roosevelt Elementary School

  • 850 N Cordova St

  • 0.59 miles

  • Public District Grades KG-5

Middle School

school-card-donut-609694
7
/10

  • Luther Burbank Middle School

  • 3700 W Jeffries Ave

  • 0.92 miles

  • Public District Grades 6-8

school-card-donut-609695
5
/10

  • David Starr Jordan Middle School

  • 420 S Mariposa St

  • 2.16 miles

  • Public District Grades 6-8

school-card-donut-609696
7
/10

  • John Muir Middle School

  • 1111 N Kenneth Rd

  • 3.12 miles

  • Public District Grades 6-8

High School

school-card-donut-609697
8
/10

  • Burroughs High School

  • 1920 W Clark Ave

  • 1.60 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,184. Residents of Burbank, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1031 N Valley St

What is the listing price of this property?

The listing price of 1031 N Valley St property is $895,000.

What type of property is this?

The property 1031 N Valley St is a house located in Burbank, California, 91505.

Is this property for sale now?

Sale Pending: 1031 N Valley St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1031 N Valley St are:
Theodore Roosevelt Elementary School: GreatSchools Rating 8/10
Luther Burbank Middle School: GreatSchools Rating 7/10
David Starr Jordan Middle School: GreatSchools Rating 5/10
John Muir Middle School: GreatSchools Rating 7/10
Burroughs High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,150 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1031 N Valley St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1031 N Valley St is 1,507 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1031 N Valley St is 1940.

Rocket Homes›California›Los Angeles County›Burbank›91505›1031 N Valley St

This home is located at 1031 N Valley St in Burbank, CA and zip code 91505 in the Magnolia Park neighborhood. This 1,507 square foot home, which was built in 1940, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $895,000.

Burbank, CA housing market in September 2024 saw over 15 listings sold above listed price, more than 4 sold at listed price and over 22 sold below. The inventory of homes for sale in Burbank, CA between August 2024 and September 2024 increased by 7.2%. The median list price of listings available in September 2024 was $1,126,666, while the average time on the real estate market was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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