Seller's Agent in 2017
Kevin Drumm
Seven Gables Real Estate
(714) 814-5212
244 Total Sales
4540 Balboa Ave Encino, CA 91316
Estimated Value: $4,102,000 - $8,064,000
6
Beds
8
Baths
10,686
Sq Ft
$547/Sq Ft
Est. Value
Highlights
- Home Theater
- Primary Bedroom Suite
- 28,491 Sq Ft lot
- Gaspar De Portola Middle School Rated A-
- City Lights View
- Open Floorplan
About This Home
As of January 2017Catch your breath as your vision lifts to three stories of stunning architectural achievement. Find privacy within a gated driveway and mansion estate with brilliant geometric designs. The strikingly spacious floorpan acts as a blueprint to design and customize upgrades for a contemporary lifestyle and elaborate entertaining. The winding staircase, heaven like ascent leads to bright rooms and wide wrap around balconies with views of surrounding greenery and dazzling night skies. Indulge in the multitude of amenities from the gourmet kitchen, state-of-the-art theater, en suite bedrooms and relaxing recessed lighting. This intellectual estate includes marble tile bath countertops, detailed fireplaces, refreshing vaulted ceilings and a sweeping master suite with dual walk-in closets and bathrooms. There are 5 A/C units (incl 2 industrial units), 3 tankless industrial water heaters, wifi zones, cellphone receptor (cell tower on roof), security alarm system and energy efficient dual-paned windows. The front yard boasts a capacious grass lawn and two parallel staircases that lead to an elevated backyard patio. Located in the prestigious hills of Encino, 4540 Balboa Ave is luxury living with the liberty to fashion a custom quintessential abode.
Last Agent to Sell the Property
Seven Gables Real Estate License #01821235 Listed on: 08/10/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,458
Year Built
- Built in 1995
Lot Details
- 0.65 Acre Lot
- Cul-De-Sac
- Block Wall Fence
- Front Yard
- Property is zoned LARA
Parking
- 4 Car Direct Access Garage
- Parking Available
- Front Facing Garage
Property Views
- City Lights
- Woods
- Mountain
- Hills
- Neighborhood
Home Design
- Modern Architecture
- Turnkey
- Interior Block Wall
- Wood Siding
- Stucco
Interior Spaces
- 10,686 Sq Ft Home
- 4-Story Property
- Elevator
- Open Floorplan
- Wet Bar
- Crown Molding
- Cathedral Ceiling
- Recessed Lighting
- Fireplace With Gas Starter
- Double Pane Windows
- Window Screens
- Double Door Entry
- French Doors
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room
- Home Theater
- Den
- Bonus Room
- Storage
- Laundry Room
- Utility Room
- Home Gym
- Carpet
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Built-In Range
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Mirrored Closets Doors
- 8 Full Bathrooms
Outdoor Features
- Deck
- Concrete Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- 220 Volts in Garage
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 2955
- Assessor Parcel Number 2289016044
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 8, 2022
Sold by
Shahrzad Torabi
Bought by
Torabi Family Inter Vivos Trust
Current Estimated Value
Purchase Details
Closed on
Aug 20, 2021
Sold by
Torabi Shahrzad and Torabi Family Inter Vivos Trus
Bought by
Torabi Shahrzad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2021
Sold by
Torabi Mike and Torabi Shahrzad
Bought by
Torabi Shahrzad and The Torabi Family Inter Vivos
Purchase Details
Closed on
May 16, 2020
Sold by
Limerent Object Permanence Llc
Bought by
Torabi Mike and Torabi Shahrzed
Purchase Details
Listed on
Aug 10, 2016
Closed on
Jan 1, 2017
Sold by
Rubin Mark
Bought by
Limerent Object Permanence Llc
Seller's Agent
Kevin Drumm
Seven Gables Real Estate
Buyer's Agent
Doug Lewiskin
The Arch Corporation
List Price
$2,955,000
Sold Price
$2,000,000
Premium/Discount to List
-$955,000
-32.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Purchase Details
Listed on
Mar 8, 2012
Closed on
Mar 20, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Rubin Mark
Seller's Agent
Anngel Benoun
Engel & Völkers Encino
Buyer's Agent
Joanna Miller
No Firm Affiliation
Sold Price
$1,825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.96%
Original Mortgage
$1,368,750
Interest Rate
3.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 23, 2011
Sold by
Varma Anil and Varma Kimmy
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Jan 29, 2007
Sold by
Varma Anil
Bought by
Varma Anil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 12, 2004
Sold by
Varma Anil
Bought by
Varma Anil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 4, 2004
Sold by
Varma Kimmy
Bought by
Varma Anil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 23, 2002
Sold by
Duong Tran H and Duong Rosalie
Bought by
Varma Anil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.02%
Purchase Details
Closed on
Jul 12, 1996
Sold by
Santa Monica Bank
Bought by
Tran H Dennis and Duong Rosalie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
7.87%
Purchase Details
Closed on
May 23, 1995
Sold by
Eldabe Edmond and Eldabe Rose
Bought by
Santa Monica Bank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torabi Family Inter Vivos Trust | -- | Asher Law Group Apc | |
| Torabi Shahrzad | -- | Chicago Title Company | |
| Torabi Shahrzad | -- | Chicago Title Company | |
| Torabi Shahrzad | -- | None Available | |
| Torabi Mike | -- | Accommodation | |
| Limerent Object Permanence Llc | -- | Chicago Title Company | |
| Rubin Mark | $1,825,000 | Lsi Title Company | |
| Jpmorgan Chase Bank National Association | $2,491,840 | None Available | |
| Varma Anil | -- | Accommodation | |
| Varma Anil | -- | United Title Company | |
| Varma Anil | -- | -- | |
| Varma Anil | -- | Fidelity National Title | |
| Varma Anil | -- | Equity Title | |
| Tran H Dennis | $1,350,000 | Continental Lawyers Title Co | |
| Santa Monica Bank | -- | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Torabi Shahrzad | $2,500,000 | |
| Previous Owner | Rubin Mark | $1,326,000 | |
| Previous Owner | Rubin Mark | $1,368,750 | |
| Previous Owner | Varma Anil | $200,000 | |
| Previous Owner | Varma Anil | $2,500,000 | |
| Previous Owner | Varma Anil | $350,000 | |
| Previous Owner | Varma Anil | $200,000 | |
| Previous Owner | Varma Anil | $1,800,000 | |
| Previous Owner | Varma Anil | $250,000 | |
| Previous Owner | Varma Anil | $150,000 | |
| Previous Owner | Varma Anil | $1,450,000 | |
| Previous Owner | Varma Anil | $111,000 | |
| Previous Owner | Varma Anil | $1,000,000 | |
| Previous Owner | Tran H Dennis | $130,000 | |
| Previous Owner | Tran H Dennis | $15,500 | |
| Previous Owner | Tran Dennis | $130,000 | |
| Previous Owner | Tran H Dennis | $70,000 | |
| Previous Owner | Tran H Dennis | $1,084,000 | |
| Previous Owner | Tran H Dennis | $990,000 | |
| Closed | Tran H Dennis | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2017 01/13/17 | Sold | $2,000,000 | -30.4% | $187 / Sq Ft |
| 01/01/2017 01/01/17 | Pending | -- | -- | -- |
| 09/20/2016 09/20/16 | Price Changed | $2,875,000 | -2.7% | $269 / Sq Ft |
| 08/10/2016 08/10/16 | For Sale | $2,955,000 | +61.9% | $277 / Sq Ft |
| 04/25/2012 04/25/12 | Sold | $1,825,000 | -- | $171 / Sq Ft |
| 03/08/2012 03/08/12 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $28,458 | $2,321,166 | $1,392,699 | $928,467 |
| 2024 | $28,458 | $2,275,654 | $1,365,392 | $910,262 |
| 2023 | $32,664 | $2,231,034 | $1,338,620 | $892,414 |
| 2022 | $26,653 | $2,187,289 | $1,312,373 | $874,916 |
| 2021 | $26,280 | $2,144,402 | $1,286,641 | $857,761 |
| 2020 | $26,538 | $2,122,415 | $1,273,449 | $848,966 |
| 2019 | $25,501 | $2,080,800 | $1,248,480 | $832,320 |
| 2018 | $25,266 | $2,040,000 | $1,224,000 | $816,000 |
| 2016 | $23,767 | $1,936,396 | $1,061,039 | $875,357 |
| 2015 | $23,423 | $1,907,311 | $1,045,102 | $862,209 |
| 2014 | $23,500 | $1,869,950 | $1,024,630 | $845,320 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Drumm
-
Shauna Drumm
Seller Co-Listing Agent in 2017
Shauna Drumm
Seven Gables Real Estate
(714) 865-3902
83 Total Sales
-
Doug Lewiskin
Buyer's Agent in 2017
Doug Lewiskin
The Arch Corporation
(864) 377-4600
3 Total Sales
-
Anngel Benoun
Seller's Agent in 2012
Anngel Benoun
Engel & Völkers Encino
(818) 728-2396
6 in this area
77 Total Sales
-
Victoria Szuch
Seller Co-Listing Agent in 2012
Victoria Szuch
eXp Realty of Greater Los Angeles, Inc.
(818) 640-6450
15 Total Sales
-
J
Buyer's Agent in 2012
Joanna Miller
No Firm Affiliation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16176010
APN: 2289-016-044
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 4639 Balboa Ave
- 4700 Balboa Ave
- 4540 Estrondo Dr
- 16840 Oak View Dr
- 17229 Oak View Dr
- 17072 Oak View Dr
- 4423 Portico Place
- 4444 Rochelle Place
- 17068 Countess Place
- 4808 Genesta Ave
- 4609 Louise Ave
- 16815 Shileno Place
- 4752 Park Encino Ln Unit 212
- 4821 Oak Park Ave
- 17121 Rancho St
- 16879 Mooncrest Dr
- 17333 Rancho St
- 4439 Petit Ave
- 16745 Bosque Dr
- 4500 Petit Ave
- 4524 Balboa Ave
- 4604 Balboa Ave
- 4600 Balboa Ave
- 4530 Balboa Ave
- 4510 Balboa Ave
- 4620 Balboa Ave
- 4535 Balboa Ave
- 4545 Balboa Ave
- 16951 Esquira Place
- 4508 Balboa Ave
- 16946 Esquira Place
- 4547 Balboa Ave
- 4624 Balboa Ave
- 16928 Dormie Place
- 4511 Balboa Ave
- 4611 Balboa Ave
- 4500 Balboa Ave
- 16961 Ivadel Place
- 16963 Ivadel Place
- 4601 Balboa Ave