NOT LISTED FOR SALE

5144 Zelzah Ave Unit 5 Encino, CA 91316

Estimated Value: $532,089 - $623,000

2 Beds
3 Baths
1,113 Sq Ft
$529/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $400,000 $359 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,943/month

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Gaspar De Portola Middle School Rated A-
  • Gated Community
  • 0.76 Acre Lot

About This Home

As of February 2019

Don’t miss an opportunity to purchase two-story updated townhouse conveniently located in the heart of Encino, just one block of Ventura Boulevard.
REMODELED kitchen with marble counters and backsplash, cherry wood cabinets, and stainless steel appliances. New double pane windows and sliding doors. LED lights through out the house. Hardwood floors in the open living space and second floor. All bathrooms are totally upgraded with granite counters. Recently UPGRADED plumbing with new type L copper pipes.
Living room has a cozy fireplace, ceiling fan and slider with an access to a sun deck with a pool view. The spacious balcony upstairs is accessible from both bedrooms. The Master bedroom has a suite bathroom and walk-in closets. Natural light fills the home with skylight above the stairs. There are plenty of storage under staircase, two closets in the second bedroom and garage. Laundry with NEW washer and dryer is in the upstairs hallway closet. Two subterranean parking spaces with a storage unit.
Complex has only 30 units in entire building. Low HOA with swimming pool, recreational room, and gated parking includes earthquake insurance, water and trash. Amazing private location yet still close to shopping, dining and transportation.

Last Agent to Sell the Property

Iryna Shifman

Alan Dean Shifman License #01879324 Listed on: 06/12/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,323

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls
  • Land Lease

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Community Parking Structure

Home Design

  • Copper Plumbing

Interior Spaces

  • 1,113 Sq Ft Home
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Pool Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 26886
  • Assessor Parcel Number 2162012033

Community Details

Overview

  • 30 Units
  • Ontrack Asset Management Association, Phone Number (424) 270-0852

Recreation

  • Community Pool

Additional Features

  • Recreation Room
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,323

Year Built

Built in 1973

Lot Details

0

HOA Fees

$375 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Number: 888-822-8008
  • Property Attached: Yes
  • Security: Gated Community, Security System
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2162012033
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1113.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Full, Granite Counters, Stone Counters, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 359.39
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
  • Bathroom Features: Low Flow Toilet(s), Shower, Shower In Tub, Granite Counters
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Pool
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure, Covered, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Recreation Room, Earthquake Insurance, Trash, Dues Paid Monthly, Call for Rules
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: Ontrack Asset Management
  • Phone: (424) 270-0852
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 33318.00
  • Lot Size Acres: 0.7649

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33318.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1395.04
  • Tax Lot: 1
  • Tax Tract Number: 26886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jan 2, 2019
Sold by
Forwood Larry Eugene and Forwood Saba Sara
Bought by
Hamilton Lauren
Seller's Agent
Iryna Shifman
Alan Dean Shifman
List Price
$440,000
Sold Price
$400,000
Premium/Discount to List
-$40,000
-9.09%
Current Estimated Value
$589,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,272
Avg. Annual Appreciation
6.01%
Original Mortgage
$370,000
Outstanding Balance
$324,641
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$264,631

Purchase Details

Closed on
Apr 4, 2006
Sold by
Davalos Carolina
Bought by
Forwood Larry Eugene and Forwood Saba Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Salmassi Valentine Babayan
Bought by
Davalos Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2002
Sold by
Salmassi Valentine Babayan
Bought by
Salmassi Valentine Babayan and Valentine Babayan Salmassi Living Trust

Purchase Details

Closed on
Jun 9, 1998
Sold by
Mabel Betty
Bought by
Salmassi Valentine Babayan
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
Hamilton Lauren $400,000 Old Republic Title
Forwood Larry Eugene $378,000 Fatcola
Davalos Carolina $230,000 Ort
Salmassi Valentine Babayan -- --
Salmassi Valentine Babayan $108,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Lauren $370,000
Previous Owner Forwood Larry Eugene $302,400
Previous Owner Davalos Carolina $184,000
Closed Davalos Carolina $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2019 02/12/19 Sold $400,000 -9.1% $359 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $440,000 -- $395 / 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 $5,323 $446,203 $133,860 $312,343
2024 $5,323 $437,455 $131,236 $306,219
2023 $5,219 $428,878 $128,663 $300,215
2022 $4,973 $420,470 $126,141 $294,329
2021 $4,907 $412,226 $123,668 $288,558
2019 $4,205 $353,000 $238,400 $114,600
2018 $4,265 $353,000 $238,400 $114,600
2016 $4,231 $353,000 $238,400 $114,600
2015 $3,671 $306,000 $206,700 $99,300
2014 $3,759 $306,000 $206,700 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18140095

California Regional Multiple Listing Service (CRMLS)

APN: 2162-012-033