NOT LISTED FOR SALE

5015 Balboa Blvd Unit 103 Encino, CA 91316

Estimated Value: $850,000 - $854,000

3 Beds
2 Baths
1,350 Sq Ft
$600/mo HOA Fee

Last Sold March 29, 2022

Last sale price $825,000 $611 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,725/month

7 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Gaspar De Portola Middle School Rated A-
  • 24-Hour Security
  • 4-minute walk to Encino Park

About This Home

As of March 2022

Amazing opportunity to own in Encino, on the lower level in The Balboa Villas, recently built in 2019. This immaculate newer home offers 1,371 square feet of living. Large open floor plan with a spacious living room with glass sliding doors with plantation shutters which lead to the amazing private balcony. Your family chef will love the gourmet kitchen with mosaic glass backsplash, quartz countertops, deep barn style sink, lots of self-closing cabinetry/storage, endless countertop space, island & GE stainless steel appliances. 2 bedrooms, 2 full bathrooms + bonus room which can be anything you want ie. dining area/office/guest room. Master bedroom has its private bathroom with double sink, quartz countertop, extra-large walk-in closet, frameless shower & separate soak in tub. 2nd large bedroom & 2nd bathroom which offer a tub shower with beautiful large tile backsplash, have never been used. In unit stackable washer & dryer closet. Plantation shutters throughout. 2 car tandem parking spaces. Each unit has individual water meter & gas is included in the monthly dues. Community amenities include concierge, Earthquake insurance, fitness center, library, community room, fire place, and outdoor seating areas with barbeques & lots of guest parking. For an additional fee you can obtain an electric car charger, storage cages & wine lockers. Home is located near restaurants, shopping centers, parks & freeway.

Last Agent to Sell the Property

Dulce Vazquez

Luxury Collective License #01490687 Listed on: 02/11/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,945

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • Security Fence

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage
  • Gated Parking

Home Design

  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 1,350 Sq Ft Home
  • Open Floorplan
  • Plantation Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Bonus Room
  • City Lights Views
  • Alarm System

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 64625
  • Assessor Parcel Number 2258016008
  • $192 per year additional tax assessments

Community Details

Overview

  • 42 Units
  • Balboa Villas Association, Phone Number (818) 258-6920
  • Golden Estate Management HOA
  • Maintained Community

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Fire Pit
  • Recreation Room

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,945

Year Built

Built in 2016 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Stove, microwave, dishwasher
  • Other Phone Description: 747-224-6092
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2258016008
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Open Floorplan
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 611.11
  • Room Type: Bonus Room, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Plantation Shutters
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: City Lights
  • Fence: Yes
  • Fencing: Security
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Gated, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Outdoor Cooking Area, Gym/Ex Room, Recreation Room, Concierge, Earthquake Insurance, Gas, Maintenance Grounds, Pets Permitted
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Villas
  • Phone: 8182586920
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Golden Estate Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 34041.00
  • Lot Size Acres: 0.7815

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34041.0000 Square Feet
  • Number Of Units In Community: 42
  • Number Of Units Total: 42

Tax Info

  • Tax Census Tract: 1396.00
  • Tax Lot: 1
  • Tax Tract Number: 64625
  • TaxOtherAnnualAssessmentAmount: 192.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 7, 2022
Sold by
Negin Taher
Bought by
Ramirez Celso
Seller's Agent
Dulce Vazquez
Luxury Collective
List Price
$799,000
Sold Price
$825,000
Premium/Discount to List
$26,000
3.25%
Current Estimated Value
$851,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,416
Avg. Annual Appreciation
0.92%

Purchase Details

Listed on
May 8, 2019
Closed on
May 14, 2019
Sold by
City Real Estate Development Llc
Bought by
Taher Negin
Seller's Agent
Peter Miller
Equity Union
Buyer's Agent
Anush Miduryan
Keller Williams Encino-Sherman Oaks
List Price
$709,000
Sold Price
$705,000
Premium/Discount to List
-$4,000
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$564,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ramirez Celso $825,000 None Listed On Document
Taher Negin $705,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taher Negin $567,000
Previous Owner Taher Negin $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $825,000 +3.3% $611 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $799,000 +13.3% $592 / Sq Ft
06/26/2019 06/26/19 Sold $705,000 -0.6% $514 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $709,000 -- $517 / 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 $5,945 $494,368 $288,926 $205,442
2024 $5,945 $484,675 $283,261 $201,414
2023 $5,828 $475,172 $277,707 $197,465
2022 $8,841 $741,079 $221,797 $519,282
2021 $8,730 $726,549 $217,449 $509,100
2019 $3,569 $406,588 $42,448 $364,140
2018 $4,940 $398,616 $41,616 $357,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22024168

California Regional Multiple Listing Service (CRMLS)

APN: 2258-016-008