NOT LISTED FOR SALE

17943 Magnolia Blvd Unit 14 Encino, CA 91316

Estimated Value: $751,000 - $919,000

3 Beds
3 Baths
1,587 Sq Ft
$508/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $800,000 $504 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,508/month

47 Days on Market

Highlights

  • 1 Acre Lot
  • High Ceiling
  • 2 Car Attached Garage
  • Gaspar De Portola Middle School Rated A-
  • Community Pool
  • Eat-In Kitchen

About This Home

As of October 2023

Discover the epitome of luxury living in Encino's highly coveted neighborhood with this impeccably maintained townhome. Boasting an attached 2-car garage, this residence offers a thoughtfully designed floorplan featuring 3 bedrooms, 3 bathrooms, and an impressive 1,587 square feet of living space. Prepare to be captivated by the exquisite details and tasteful upgrades throughout. Make your way inside and be greeted by the allure of new flooring, complemented by elegant lighting fixtures that add a touch of sophistication to every room. The townhome is adorned with ceiling lighting, creating a warm and inviting ambiance. A bar area awaits, perfect for entertaining friends and family, while recessed lighting adds a modern flair. The beautifully crafted staircase serves as a focal point, adding a touch of grandeur to the home's overall design. Indulge your culinary passions in the stunning, updated kitchen, featuring sleek countertops, a mosaic backsplash, and top-of-the-line appliances that elevate your cooking experience to new heights. The open layout seamlessly connects the kitchen to the rest of the living space, making it an ideal setting for hosting gatherings. The step-down formal living room exudes elegance, boasting a gorgeous fireplace that sets the tone for cozy evenings. Through the sliding door lies a private patio, offering an opportunity to create an outdoor oasis where you can relax and unwind during summer nights. The updated bathrooms are thoughtfully designed with modern fixtures, showcasing the perfect blend of functionality and style. The bedrooms are bright and spacious, providing a tranquil retreat after a long day. The primary bedroom is a sanctuary of its own, complete with a private bathroom for added convenience and comfort. This incredible unit is situated in close proximity to Trader Joe's, Ralphs, HomeGoods, Gelson's, Starbucks, and an array of other amenities. The convenience of nearby access to the 101 Freeways makes commuting a breeze. Don't miss the chance to experience the pinnacle of upscale living in this remarkable Encino townhome. Immerse yourself in luxury, comfort, and convenience—a true haven you'll be proud to call home.

Last Agent to Sell the Property

Samuel Danielyan

JohnHart Real Estate License #02155033 Listed on: 07/20/2023

JohnHart Real Estate

Last Buyer's Agent

Maxim Sidelnik

The Agency License #02109488

The Agency

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,802

Year Built

  • Built in 1975

Lot Details

  • 1

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,587 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Patio
  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 26471
  • Assessor Parcel Number 2162007058
  • $198 per year additional tax assessments

Community Details

Overview

  • 22 Units
  • Westcom Property Services Association, Phone Number (818) 587-9500

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,802

Year Built

Built in 1975

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2162007058
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1587.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 504.10
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Trash
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: Westcom Property Services
  • Phone: 818-587-9500
  • Senior Community: No
  • Community Features: Suburban
  • Association Management: Westcom Property Services

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 43414.00
  • Lot Size Acres: 0.9966

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43414.0000 Square Feet
  • Number Of Units In Community: 22
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1395.05
  • Tax Lot: 1
  • Tax Tract Number: 26471
  • TaxOtherAnnualAssessmentAmount: 198.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2025
Sold by
Zaritskaya Michelle Jane and Gorodetskiy Michael Edward
Bought by
Gorodetskiy Michael Edward and Gorodetskiy Michelle Jane
Current Estimated Value
$806,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$776,008
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$30,786

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 8, 2023
Sold by
Arakelyan Sussana
Bought by
Gorodetskiy Michael Edward and Zaritskaya Michelle Jane
Seller's Agent
Samuel Danielyan
JohnHart Real Estate
Buyer's Agent
Maxim Sidelnik
The Agency
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$760,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 5, 2017
Sold by
Parkway Investment Group Inc
Bought by
Arakelyan Susanna
Seller's Agent
Lily Galadzhyan
New Wave Realty Group
Buyer's Agent
Lily Galadzhyan
New Wave Realty Group
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$375,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jun 16, 2017
Sold by
Famous Holdings Inc
Bought by
Parkway Investment Group Inc
Seller's Agent
Lily Galadzhyan
New Wave Realty Group
Buyer's Agent
Lily Galadzhyan
New Wave Realty Group
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 25, 2016
Sold by
Parkway Investment Group Inc
Bought by
Famous Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2011
Sold by
Galadzhyan Sarkis
Bought by
Parkway Investment Group Inc

Purchase Details

Closed on
Dec 26, 2007
Sold by
Dennis Reneesha
Bought by
Galadzhyan Sarkis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2006
Sold by
Perez Nayra
Bought by
Dennis Reneesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
8.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 23, 2000
Sold by
Benomi Yoram
Bought by
Perez Nayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.24%
Mortgage Type
Stand Alone First
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
Gorodetskiy Michael Edward -- Chicago Title Company
Gorodetskiy Michael Edward $800,000 Monarch Title
Arakelyan Susanna $500,000 Lawyers Title
Parkway Investment Group Inc -- Accommodation
Famous Holdings Inc -- Lawyers Title Company
Parkway Investment Group Inc -- None Available
Galadzhyan Sarkis $438,000 Equity Title Company
Dennis Reneesha $590,000 Fidelity Title Company
Perez Nayra $210,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorodetskiy Michael Edward $780,000
Previous Owner Gorodetskiy Michael Edward $760,000
Previous Owner Arakelyan Susanna $375,000
Previous Owner Famous Holdings Inc $250,000
Previous Owner Galadzhyan Sarkis $328,500
Previous Owner Dennis Reneesha $472,000
Previous Owner Perez Nayra $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2023 10/03/23 Sold $800,000 -1.8% $504 / Sq Ft
08/09/2023 08/09/23 Price Changed $815,000 -1.2% $514 / Sq Ft
07/20/2023 07/20/23 For Sale $825,000 +65.0% $520 / Sq Ft
07/31/2017 07/31/17 Sold $500,000 -2.9% $315 / Sq Ft View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $515,000 -- $325 / 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 $9,802 $816,000 $244,800 $571,200
2024 $9,802 $800,000 $240,000 $560,000
2023 $6,679 $546,820 $359,698 $187,122
2022 $6,365 $536,099 $352,646 $183,453
2021 $6,281 $525,588 $345,732 $179,856
2019 $6,090 $510,000 $335,478 $174,522
2018 $6,049 $500,000 $328,900 $171,100
2016 $3,919 $318,310 $212,207 $106,103
2015 $3,863 $313,530 $209,020 $104,510
2014 $3,880 $307,389 $204,926 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23114742

California Regional Multiple Listing Service (CRMLS)

APN: 2162-007-058