NOT LISTED FOR SALE

5151 Balboa Blvd Unit 101 Encino, CA 91316

Estimated Value: $579,645 - $762,000

2 Beds
2 Baths
956 Sq Ft
$325/mo HOA Fee

Last Sold June 30, 2021

Last sale price $541,000 $566 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,307/month

Highlights

  • Fitness Center
  • Spa
  • High Ceiling
  • Gaspar De Portola Middle School Rated A-
  • 0.53 Acre Lot
  • Neighborhood Views

About This Home

As of June 2021

Tastefully updated single story 2 Bed + 2 Bath CORNER UNIT Condo w/Laundry! A charming complex adjacent to the multi-million dollar homes of Amestoy Estates & 1 block from Ventura Blvd! From the moment you enter, you immediately appreciate the 11 ft+ tall ceilings throughout the entire unit. Dramatic kitchen with CAESARSTONE QUARTZ counter tops, stainless steel appliances and stainless steel backsplash provide open views to the living room. Gleaming wood laminate floors throughout an open concept floor plan offering two master suites w/attached baths on opposite sides of the unit. Recessed lighting, relaxing gas fireplace and a conveniently located patio off the living room, perfect for a BBQ and restful sitting area. Showstopper master bathroom wrapped in wall to wall tile offering double vanity sinks w/luxurious wall mounted faucets & a custom glass shower enclosure w/a spa like jet shower! In addition, this property features a programmable NEST thermostat, RING doorbell, LAUNDRY inside and 2 SIDE BY SIDE parking spaces in the garage. A small and private community featuring only 28 units & extremely LOW HOA. Amenities include a spa, barbecue area, gym, sauna and recreation room. This condo is close to all of Encino's finest shops and restaurants and is located in top rated ENCINO CHARTER ELEMENTARY, so hurry!

Last Agent to Sell the Property

Shane Nichols

Rodeo Realty License #01948062 Listed on: 05/14/2021

Rodeo Realty

Last Buyer's Agent

Mihran Aleksanian

Orion Realty & Management, Inc License #01061787

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,027

Year Built

  • Built in 1988

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Assigned Parking

Interior Spaces

  • 956 Sq Ft Home
  • High Ceiling
  • Living Room with Fireplace
  • Living Room Balcony
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 42139
  • Assessor Parcel Number 2258021081

Community Details

Overview

  • 28 Units
  • Westcom Management Association, Phone Number (818) 587-9500
  • Westcome Management HOA

Amenities

  • Outdoor Cooking Area
  • Recreation Room

Recreation

  • Fitness Center
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,027

Year Built

Built in 1988

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2258021081
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 956.00 Square Feet
  • Interior Amenities: Elevator, High Ceilings, Living Room Balcony
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 565.90
  • Room Type: All Bedrooms Down
  • Spa Features: Association

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Outdoor Cooking Area, Gym/Ex Room, Recreation Room
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Westcom Management
  • Phone: 818-587-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Westcome Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 23071.00
  • Lot Size Acres: 0.5296

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23071.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1396.00
  • Tax Lot: 1
  • Tax Tract Number: 42139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 1, 2021
Sold by
Boos Laura and Boos Michael
Bought by
Gumushyan Grigor
Seller's Agent
Shane Nichols
Rodeo Realty
Buyer's Agent
Mihran Aleksanian
Orion Realty & Management, Inc
List Price
$500,000
Sold Price
$541,000
Premium/Discount to List
$41,000
8.2%
Current Estimated Value
$640,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,661
Avg. Annual Appreciation
4.05%
Original Mortgage
$486,000
Outstanding Balance
$440,012
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,649

Purchase Details

Closed on
Nov 5, 2019
Sold by
Boos Michael and Boos Laura
Bought by
Boos Laura and Boos Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2015
Closed on
Jan 26, 2016
Sold by
Epstein Armyla A
Bought by
Boos Michael and Thompson Laura
Seller's Agent
Mary Velasquez
RE/MAX One
List Price
$384,900
Sold Price
$380,000
Premium/Discount to List
-$4,900
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$358,150
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2013
Closed on
Jun 17, 2013
Sold by
Epstein Steven
Bought by
Epstein Armyla A
Seller's Agent
Bruce Mosk
Rodeo Realty
List Price
$329,950
Sold Price
$335,000
Premium/Discount to List
$5,050
1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$264,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2013
Closed on
May 22, 2013
Sold by
Arutyunyan Meline and Harutnyan Ashot
Bought by
Epstein Armyla A
Seller's Agent
Bruce Mosk
Rodeo Realty
List Price
$329,950
Sold Price
$335,000
Premium/Discount to List
$5,050
1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Ing Bank F S B
Bought by
Arutyunyan Meline and Harutunyan Ashot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,250
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2010
Sold by
Hearne Don
Bought by
Ing Bank Fsb

Purchase Details

Closed on
Jul 6, 1999
Sold by
Djavid Feridoun
Bought by
Hearne Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,400
Interest Rate
7.64%
Mortgage Type
Stand Alone Second
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
Gumushyan Grigor $541,000 Progressive Title
Boos Laura -- Amrock Inc
Boos Michael $380,000 Progressive Title
Epstein Armyla A -- Provident Title Company
Epstein Armyla A $335,000 Provident Title Company
Arutyunyan Meline $239,000 Advantage Title Inc
Ing Bank Fsb $231,369 Orange Coast Title
Hearne Don $127,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gumushyan Grigor $486,000
Previous Owner Boos Laura $360,000
Previous Owner Boos Michael $358,150
Previous Owner Epstein Armyla A $264,000
Previous Owner Arutyunyan Meline $179,250
Previous Owner Hearne Don $25,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $541,000 +8.2% $566 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $500,000 +31.6% $523 / Sq Ft
03/11/2016 03/11/16 Sold $380,000 -1.3% $397 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
12/20/2015 12/20/15 For Sale $384,900 +14.9% $403 / Sq Ft
07/02/2013 07/02/13 Sold $335,000 +1.5% $350 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $329,950 -- $345 / 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 $7,027 $585,593 $233,804 $351,789
2024 $7,027 $574,112 $229,220 $344,892
2023 $6,890 $562,856 $224,726 $338,130
2022 $6,565 $551,820 $220,320 $331,500
2021 $4,928 $415,581 $217,633 $197,948
2020 $4,976 $411,321 $215,402 $195,919
2019 $4,777 $403,257 $211,179 $192,078
2018 $4,759 $395,351 $207,039 $188,312
2016 $4,231 $346,902 $180,907 $165,995
2015 $4,169 $341,692 $178,190 $163,502
2014 $4,187 $335,000 $174,700 $160,300
Source: Public Records

Agents Affiliated with this Home

  • Shane Nichols

    Seller's Agent in 2021

    Shane Nichols

    Rodeo Realty

    (818) 999-2030

    1 in this area

    125 Total Sales

    Shane Nichols
    Section Image

  • M

    Buyer's Agent in 2021

    Mihran Aleksanian

    Orion Realty & Management, Inc

    Section Image

  • M

    Seller's Agent in 2016

    Mary Velasquez

    RE/MAX

    (818) 642-0133

    2 Total Sales

    Mary Velasquez
    Section Image

  • B

    Seller's Agent in 2013

    Bruce Mosk

    Rodeo Realty

    (818) 648-1710

    2 in this area

    10 Total Sales

    Bruce Mosk
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21091377

California Regional Multiple Listing Service (CRMLS)

APN: 2258-021-081

California Los Angeles County Encino 91316

5151 Balboa Blvd Unit 101, Encino, CA

This home is located at 5151 Balboa Blvd Unit 101, Encino, CA 91316 since 14 May 2021 and is currently estimated at $640,661, approximately $670 per square foot. This property was built in 1988. 5151 Balboa Blvd Unit 101 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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