NOT LISTED FOR SALE

5015 Balboa Blvd Unit 102 Encino, CA 91316

Estimated Value: $789,187 - $998,000

2 Beds
2 Baths
1,366 Sq Ft
$600/mo HOA Fee

Last Sold June 27, 2019

Last sale price $719,000 $526 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,989/month

Highlights

  • Concierge
  • Fitness Center
  • Primary Bedroom Suite
  • Gaspar De Portola Middle School Rated A-
  • Newly Remodeled
  • 4-minute walk to Encino Park

About This Home

As of June 2019

Welcome to the final phase here at The Balboa Villas...amazing "brand new" and ready for your buyer..."Wilshire Boulevard comes to the Valley!" Majestic grand lobby and get the feel of absolute luxury and the finest units in the area. Two bedrooms and huge living area. Fabulous gourmet kitchen with quartz counters, GE Cafe' appliances, self closing designer cabinetry, Sonetto inset farm style sink, low voltage lighting, and mosaic glass back splash. Designer plumbing fixtures. Amazing open entertainer's floor plan with separate den. Master suite with resort styled bath, separate tub and frame less shower with over sized walk in closet. Environmentally sensitive throughout. Unit is pre-wired for fiber optics. Upgraded USB outlets in several rooms. Over sized windows and sliders...huge balcony. Washer/dryer included. Alarm equipped. Amenities include concierge, Earthquake insurance, community room, fitness center, formal library, outdoor living of water feature, fire place, and barbeques. HOA dues include gas. So much to offer! Two gated parking spaces. Plenty of guest parking, Electric auto chargers, and wine lockers (for minimal additional fees). Intricate camera security system throughout all common areas. Buyer will be given a flooring allowance to finish off the unit through our flooirng vendor...many options. High speed elevators. Unit is individually water metered. Designer high end finishes through out the building..lite n' brite. Easy boulevard and freeway access.

Last Agent to Sell the Property

Peter Miller

Equity Union License #01256871 Listed on: 01/30/2019

Equity Union

Last Buyer's Agent

Tracey Feder

Equity Union License #01182917

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,648

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Two or More Common Walls
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Density is 36-40 Units/Acre

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Tandem Garage
  • Guest Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Midcentury Modern Architecture
  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 1,366 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Security Lights
  • Intercom

Accessible Home Design

  • Halls are 48 inches wide or more
  • Lowered Light Switches
  • Doors swing in
  • No Interior Steps
  • Ramp on the main level
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Living Room Balcony
  • Slab Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Encino Elementary School
  • Portola Middle School

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Vented Exhaust Fan
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 64625

Community Details

Overview

  • 42 Units
  • Balboa Villas Association
  • Maintained Community

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Fitness Center

Pet Policy

  • Pet Restriction
  • Pet Size Limit
  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,648

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Firewall(s), Gated Community, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • View: No
  • Architectural Style: Mid Century Modern, Traditional
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2018
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1366.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Full, High Ceilings, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Unfurnished, Wired for Data, Wired for Sound
  • Common Walls: 2+ Common Walls
  • Accessibility Features: 48 Inch Or More Wide Halls, Doors - Swing In, Lowered Light Switches, No Interior Steps, Parking, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 526.35
  • Room Type: Den, Family Room, Living Room, Main Floor Master Bedroom, Master Suite
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Linen Closet/Storage, Quartz Counters, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Frame, Plaster, Steel

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Concrete, Garage Faces Side, Guest, Private, Tandem Covered, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Gas & Electric Range, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Recirculated Exhaust Fan, Self Cleaning Oven, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Closet, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Card Room, Recreation Room, Meeting Room, Concierge, Earthquake Insurance, Gas, Maintenance Grounds, Pet Rules, Pets Permitted, Permitted Types, Weight Limit, Call for Rules
  • Association Fee: 600.34
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Villas
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified
  • Elementary School: Encino
  • Middle School: Portola
  • Elementary School: Encino
  • Middle Or Junior School: Portola
  • Elementary School #2: ENCINO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Walkstreet
  • Lot Size Sq Ft: 30000.00
  • Lot Size Acres: 0.6887

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30000.0000 Square Feet
  • Number Of Units In Community: 42
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 64625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
May 14, 2019
Sold by
City Real Estate Development Llc
Bought by
Rose Somerset
Seller's Agent
Peter Miller
Equity Union
Buyer's Agent
Tracey Feder
Equity Union
List Price
$709,000
Sold Price
$719,000
Premium/Discount to List
$10,000
1.41%
Current Estimated Value
$864,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,797
Avg. Annual Appreciation
2.99%
Original Mortgage
$300,000
Outstanding Balance
$262,684
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$602,113
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
Rose Somerset $719,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Somerset $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $719,000 +1.4% $526 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $709,000 -- $519 / 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 $9,648 $802,055 $208,601 $593,454
2024 $9,648 $786,329 $204,511 $581,818
2023 $9,459 $770,911 $200,501 $570,410
2022 $9,063 $755,796 $196,570 $559,226
2021 $8,900 $740,977 $192,716 $548,261
2019 $3,737 $406,588 $42,448 $364,140
2018 $4,940 $398,616 $41,616 $357,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Miller

    Seller's Agent in 2019

    Peter Miller

    Equity Union

    (818) 489-1902

    3 in this area

    49 Total Sales

    Peter Miller
    Section Image
  • Tracey Feder

    Buyer's Agent in 2019

    Tracey Feder

    Equity Union

    (818) 414-6605

    40 Total Sales

    Tracey Feder
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19022608

California Regional Multiple Listing Service (CRMLS)

APN: 2258-016-007

California Los Angeles County Encino 91316

5015 Balboa Blvd Unit 102, Encino, CA

This home is located at 5015 Balboa Blvd Unit 102, Encino, CA 91316 since 30 January 2019 and is currently estimated at $864,797, approximately $633 per square foot. This property was built in 2018. 5015 Balboa Blvd Unit 102 is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Encino Charter Elementary, and Birmingham Community Charter High.

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.

California Regional Multiple Listing Service (CRMLS) 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

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