NOT LISTED FOR SALE

17711 Margate St Unit 311 Encino, CA 91316

Estimated Value: $576,000 - $736,000

3 Beds
2 Baths
1,626 Sq Ft
$706/mo HOA Fee

Last Sold March 08, 2024

Last sale price $680,000 $418 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,627/month

6 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Gated Parking
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • 1.77 Acre Lot

About This Home

As of March 2024

Welcome to this resort style gated community in the heart of Encino! This single-level condo is situated at the top floor and has lots of potential for a buyer to redesign and add their own personal touch. Unit #311 offers 3 bedrooms, 2 bathrooms, 1,626 sqft. of living space + 2 parking spots (side-by-side) + storage in garage + plenty of guest parking within the complex. Enter through the grand double-doors, front foyer and fall in love with the high ceilings in the living room with large double pane floor to ceiling windows, mid-century modern rock gas fireplace and a small wet bar off the living room. Enjoy sitting outside on your large balcony. The main living areas have a spacious open floor plan with lots of natural light beaming through. The kitchen has plenty of cabinet space and a sizable pantry. The primary suite has a high vaulted ceiling, a vanity and a walk-in closet. The primary bathroom provides double sinks, a bathtub and a stand alone shower. Two other bedrooms also have high vaulted ceilings with large double pane windows. Washer & dryer (side-by-side) conveniently located in the hallway by the bedrooms. The complex is surrounded by lush landscaping and mature trees. Residents get to enjoy the sparkling pool, indoor spa and recreation room. Easy access to the 101 freeway and close to the 405 interchange. Just a couple of blocks away from Ventura Blvd.'s restaurants, coffee shops, shopping areas, Trader Joe's and much more. Come check it out for yourself!

Last Agent to Sell the Property

Laila Ajabi

Rodeo Realty License #02038388 Listed on: 02/13/2024

Rodeo Realty

Last Buyer's Agent

Beata Mandell

The Executive Realty Group License #01392993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,229

Year Built

  • Built in 1973

Lot Details

  • No Units Above
  • 1 Common Wall
  • Density is 31-35 Units/Acre

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Gated Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,626 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Mountain Views

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony

Utilities

  • Central Heating and Cooling System
  • No Utilities

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 25124
  • Assessor Parcel Number 2162016075
  • $209 per year additional tax assessments

Community Details

Overview

  • 55 Units
  • San Fernando Valley Management Company Association, Phone Number (818) 568-7261
  • Daniel HOA

Amenities

  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,229

Year Built

Built in 1973

Lot Details

0

HOA Fees

$706 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162016075
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1626.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Wet Bar
  • Stories: 3
  • Entry Location: One
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 418.20
  • Room Type: Galley Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, Recreation, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub

Exterior Features

  • View: Mountain(s)
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Gated, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Recreation Room, Earthquake Insurance
  • Association Fee: 705.61
  • Association Fee Frequency: Monthly
  • Association Name: San Fernando Valley Management Company
  • Phone: 818-568-7261
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Daniel

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 77073.00
  • Lot Size Acres: 1.7694

Multi Family

  • Lease Considered: No
  • Lot Size Area: 77073.0000 Square Feet
  • Number Of Units In Community: 55
  • Number Of Units Total: 55

Tax Info

  • Tax Census Tract: 1395.04
  • Tax Lot: 1
  • Tax Tract Number: 25124
  • TaxOtherAnnualAssessmentAmount: 209.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Feb 27, 2024
Sold by
Lynn Living Trust
Bought by
Grinshteyn Family Trust and Grinshteyn
Seller's Agent
Laila Ajabi
Rodeo Realty
Buyer's Agent
Beata Mandell
The Executive Realty Group
List Price
$665,000
Sold Price
$680,000
Premium/Discount to List
$15,000
2.26%
Views
118
Current Estimated Value
$659,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,048
Avg. Annual Appreciation
-1.91%

Purchase Details

Closed on
Mar 23, 2017
Sold by
Lynn Nicole
Bought by
Lynn Nicole and The Lynn Living Trust

Purchase Details

Closed on
Aug 11, 2008
Sold by
Mandegar Nasrin Zarian
Bought by
Lynn Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Mandegar Robert
Bought by
Mandegar Nasrin Zarian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 2005
Sold by
Pustilnikov David
Bought by
Mandegar Nasrin Zarian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 9, 2004
Sold by
Bernstein Irving
Bought by
Pustilnikov David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,400
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Bernstein Irving
Bought by
Bernstein Irving and Bernstein Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 12, 2001
Sold by
Bernstein Irving
Bought by
Bernstein Irving and Bernstein Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.14%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Bernstein Irving
Bought by
Bernstein Irving and Bernstein Faye

Purchase Details

Closed on
Sep 17, 1996
Sold by
Fox Arnold And Peggy Trs
Bought by
Bernstein Irving and Bernstein Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
8.1%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grinshteyn Family Trust $680,000 Progressive Title Company
Lynn Nicole -- None Available
Lynn Nicole $337,000 Fidelity Van Nuys
Mandegar Nasrin Zarian -- Security Union Title
Mandegar Nasrin Zarian $480,000 Security Union Title
Pustilnikov David $406,000 Ticor Gln
Bernstein Irving -- --
Bernstein Irving -- First American Title Co
Bernstein Irving -- --
Bernstein Irving $132,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynn Nicole $300,000
Previous Owner Mandegar Nasrin Zarian $48,000
Previous Owner Mandegar Nasrin Zarian $384,000
Previous Owner Pustilnikov David $365,400
Previous Owner Bernstein Irving $130,000
Previous Owner Bernstein Irving $105,600
Closed Pustilnikov David $40,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $680,000 +2.3% $418 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $665,000 -- $409 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,229 $693,600 $372,198 $321,402
2024 $5,229 $425,451 $206,539 $218,912
2023 $5,128 $417,110 $202,490 $214,620
2022 $4,887 $408,932 $198,520 $210,412
2021 $4,820 $400,915 $194,628 $206,287
2019 $4,673 $389,025 $188,856 $200,169
2018 $4,647 $381,398 $185,153 $196,245
2016 $4,427 $366,590 $177,964 $188,626
2015 $4,362 $361,084 $175,291 $185,793
2014 $4,379 $354,012 $171,858 $182,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24027696

California Regional Multiple Listing Service (CRMLS)

APN: 2162-016-075