Seller's Agent in 2024
Raquel Magro
Pinnacle Estate Properties, Inc.
(818) 361-7027
7 in this area
148 Total Sales
5151 Balboa Blvd Unit 201 Encino, CA 91316
Estimated Value: $553,764 - $633,000
2
Beds
2
Baths
956
Sq Ft
$350/ mo
HOA Fee
Highlights
- Fitness Center
- Spa
- Open Floorplan
- Gaspar De Portola Middle School Rated A-
- 0.53 Acre Lot
- Contemporary Architecture
About This Home
As of March 2024IF YOU'RE LOOKING FOR A LIFESTYLE CHANGE, WELCOME TO BALBOA PLACE CONDOS! Sought-after neighborhood adjacent to the well-known quaint multimillion-dollar Amestoy Estates. You will fall in love with this area. Also, within close proximity to Encino Charter Elementary School (top rated), many local shops, restaurants, Encino Park plus easy freeway access to the 101 & 405 freeway and just steps away from Ventura Blvd. On the second floor of this contemporary building, you will find a modern 2-bedroom, 2-bathroom unit offering an open floor plan concept featuring soaring 10" high ceilings, fireplace and 3 balconies facing Balboa Bl with peek-a-boo treetops views. Spacious functional kitchen with wood cabinetry, stainless steel farm sink with swan faucet, newer Quartz counter tops with tile back splash, built-in appliances plus a breakfast bar area, ideal for your morning coffee rituals. Both bedrooms are located at opposite ends, therefore providing privacy. Primary bedroom features dual closet storage along with a 3/4 bathroom with double sinks and a walk-in shower stall. Secondary bedroom offers closet storage and access to the full hallway bathroom. Oops, almost forgot to mention the convenient in-unit laundry area, laminate flooring & recess lighting throughout. Unit is move-in ready! HOA dues of $350.00 includes EQ insurance. Common areas features include a spa, open air patio sitting area, off-street guest parking, exercise room plus an elevator for easy access to your unit and the gated 2-car side by side subterranean parking. You can't ask for a better location. Welcome HOME!
Last Agent to Sell the Property
Pinnacle Estate Properties, Inc. Brokerage Phone: 818-968-4585 License #00920540 Listed on: 02/26/2024
Property Details
Home Type
- Condominium
Year Built
- Built in 1988
Lot Details
- End Unit
- Two or More Common Walls
HOA Fees
- $350 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Modern Architecture
- Entry on the 1st floor
- Slab Foundation
- Stucco
Interior Spaces
- 956 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Recessed Lighting
- Gas Fireplace
- Drapes & Rods
- Sliding Doors
- Panel Doors
- Living Room with Fireplace
- Combination Dining and Living Room
- Neighborhood Views
- Laundry Room
Kitchen
- Eat-In Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Quartz Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Tile Bathroom Countertop
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Home Security
Parking
- Subterranean Parking
- Parking Available
- Side by Side Parking
- Parking Lot
Outdoor Features
- Spa
- Patio
- Exterior Lighting
Location
- Property is near public transit
- Suburban Location
Utilities
- Central Heating and Cooling System
- Central Water Heater
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot 1
- Tax Tract Number 42139
- Assessor Parcel Number 2258021088
- $139 per year additional tax assessments
Community Details
Overview
- Master Insurance
- 28 Units
- Balboa Place HOA, Phone Number (818) 587-9500
- Westcom Prop Services HOA
- Maintained Community
Amenities
- Sauna
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed with Restrictions
Security
- Controlled Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2024
Closed on
Feb 29, 2024
Sold by
Contreras Roberto
Bought by
Carl Kirstin
Seller's Agent
Raquel Magro
Pinnacle Estate Properties, Inc.
Buyer's Agent
Teresa Acosta
Compass
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,559
Avg. Annual Appreciation
-3.13%
Original Mortgage
$375,000
Outstanding Balance
$368,569
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$217,872
Purchase Details
Listed on
Jul 29, 2020
Closed on
Sep 10, 2020
Sold by
Tang Amy
Bought by
Mallavarapu Mani Nagra
Seller's Agent
Kelly Hachtel
Blue Home Team
Buyer's Agent
Anne Burkin
Compass
List Price
$459,000
Sold Price
$470,000
Premium/Discount to List
$11,000
2.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$276,000
Interest Rate
2.62%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 20, 2017
Closed on
Jul 21, 2017
Sold by
Ratinoff Edward J Mes and Esther Ratinoff Living Trust
Bought by
Tang Amy
Seller's Agent
Pnina Bar-Glasman
Real Estate Source, Inc.
Buyer's Agent
Pnina Bar-Glasman
Real Estate Source, Inc.
Sold Price
$2,200
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$307,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2016
Sold by
Ratinoff Edward and Estate Of Esther James Ratinof
Bought by
Ratinoff Edward and Esther Ratinoff Living Trust
Purchase Details
Closed on
Feb 16, 2010
Sold by
Krieger Kory Dean
Bought by
Ratinoff Esther
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
4.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 1999
Sold by
Farid Hany and Barsoum Noha
Bought by
Krieger Kory Dean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
6.9%
Purchase Details
Closed on
Mar 26, 1999
Sold by
Farid Hany
Bought by
Farid Hany and Barsoum Noha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.98%
Purchase Details
Closed on
May 9, 1994
Sold by
Farid Hany and Farid Amany
Bought by
Farid Hany
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
7%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carl Kirstin | $625,000 | Priority Title Company | |
| Mallavarapu Mani Nagra | $470,000 | Pacific Coast Title | |
| Tang Amy | $410,000 | Fidelity | |
| Ratinoff Edward | -- | None Available | |
| Ratinoff Esther | $265,000 | Fidelity Van Nuys | |
| Krieger Kory Dean | $138,000 | Lawyers Title Company | |
| Farid Hany | -- | Southland Title Corporation | |
| Farid Hany | -- | Guardian Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carl Kirstin | $375,000 | |
| Previous Owner | Mallavarapu Mani Nagra | $276,000 | |
| Previous Owner | Tang Amy | $307,500 | |
| Previous Owner | Ratinoff Esther | $159,000 | |
| Previous Owner | Krieger Kory Dean | $124,200 | |
| Previous Owner | Farid Hany | $104,000 | |
| Previous Owner | Farid Hany | $93,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | $625,000 | 0.0% | $654 / Sq Ft | |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- | |
| 02/28/2024 02/28/24 | Price Changed | $625,000 | +8.7% | $654 / Sq Ft | |
| 02/26/2024 02/26/24 | For Sale | $575,000 | +10.6% | $601 / Sq Ft | |
| 07/29/2021 07/29/21 | Sold | $520,000 | +6.7% | $544 / Sq Ft | View Prior Sale |
| 06/28/2021 06/28/21 | Pending | -- | -- | -- | |
| 06/25/2021 06/25/21 | For Sale | $487,500 | +3.7% | $510 / Sq Ft | |
| 09/24/2020 09/24/20 | Sold | $470,000 | +2.4% | $492 / Sq Ft | View Prior Sale |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- | |
| 07/29/2020 07/29/20 | For Sale | $459,000 | 0.0% | $480 / Sq Ft | |
| 09/11/2017 09/11/17 | Rented | $2,200 | 0.0% | -- | |
| 09/11/2017 09/11/17 | Under Contract | -- | -- | -- | |
| 08/20/2017 08/20/17 | For Rent | $2,200 | 0.0% | -- | |
| 08/05/2017 08/05/17 | Sold | $410,000 | -3.5% | $429 / Sq Ft | View Prior Sale |
| 06/21/2017 06/21/17 | Pending | -- | -- | -- | |
| 01/17/2017 01/17/17 | For Sale | $425,000 | 0.0% | $445 / Sq Ft | |
| 01/31/2014 01/31/14 | Rented | $1,695 | -10.8% | -- | |
| 01/28/2014 01/28/14 | Under Contract | -- | -- | -- | |
| 10/14/2013 10/14/13 | For Rent | $1,900 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,630 | $637,500 | $376,584 | $260,916 |
| 2024 | $6,630 | $541,007 | $354,152 | $186,855 |
| 2023 | $6,501 | $530,400 | $347,208 | $183,192 |
| 2022 | $6,195 | $520,000 | $340,400 | $179,600 |
| 2021 | $5,650 | $470,000 | $298,200 | $171,800 |
| 2020 | $5,243 | $426,563 | $240,020 | $186,543 |
| 2019 | $5,035 | $418,200 | $235,314 | $182,886 |
| 2018 | $5,018 | $410,000 | $230,700 | $179,300 |
| 2016 | $3,540 | $288,953 | $120,051 | $168,902 |
| 2015 | $3,489 | $284,613 | $118,248 | $166,365 |
| 2014 | $3,505 | $279,039 | $115,932 | $163,107 |
Source: Public Records
Agents Affiliated with this Home
-
Raquel Magro
-
Teresa Acosta
T
Buyer's Agent in 2024
Teresa Acosta
Compass
(818) 783-7721
2 in this area
12 Total Sales
-
Pareesa Nindra
Seller's Agent in 2021
Pareesa Nindra
Beverly and Company, Inc.
(805) 915-7228
1 in this area
20 Total Sales
-
V
Buyer's Agent in 2021
Veronica Fiorella
-
K
Seller's Agent in 2020
Kelly Hachtel
Blue Home Team
-
Anne Burkin
Buyer's Agent in 2020
Anne Burkin
Compass
(310) 699-5062
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24038909
APN: 2258-021-088
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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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