NOT LISTED FOR SALE

5151 Balboa Blvd Unit 310 Encino, CA 91316

Estimated Value: $556,946 - $664,000

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

Last Sold October 29, 2018

Last sale price $495,000 $534 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,079/month

19 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • Contemporary Architecture
  • Gaspar De Portola Middle School Rated A-
  • 23,071 Sq Ft lot
  • Main Floor Primary Bedroom

About This Home

As of October 2018

Immaculate Upper floor Penthouse unit featuring 2 master suites, 14 foot ceilings and open kitchen and family room floor plan. Interior of unit features a fireplace, in unit washer and dryer, abundant natural lighting, newer flooring and paint. A balcony is located off living room and master bedroom. The condominium is in turn key move in condition and has a newer AC unit. The Condominium is also located near Highly Rated Encino Charter Elementary (10/10) and is ideally located near shopping and transportation. Unit also features 3 parking spaces, , guest parking lot , separate storage space for unit and bike storage space. Condo unit faces Amestoy Estates, HOA fees includes water, community spa and rec room. Hurry this home won't last....

Last Agent to Sell the Property

Michael Cirrito

Home Free Realty Listed on: 09/06/2018

Co-Listed By

HAYDEN CABALLERO

Home Free Realty License #02053346

Last Buyer's Agent

Sandra Fronhofer

No Firm Affiliation License #01731351

No Firm Affiliation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,632

Year Built

  • Built in 1988

Lot Details

  • 1 Common Wall
  • Cross Fenced
  • Block Wall Fence
  • Density is 26-30 Units/Acre

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Available
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Combination Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 927 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • Low Pile Carpeting
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 42139
  • Assessor Parcel Number 2258021108

Community Details

Overview

  • 28 Units
  • Balboa Place0 Association

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,632

Year Built

Built in 1988

Lot Details

0

HOA Fees

$325 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: No
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2258021108
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 927.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 3
  • Entry Location: 3rd Floor
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: Low Pile Carpeting
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 533.98
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Combination, Slab
  • Fence: Yes
  • Fencing: Block, Cross Fenced
  • Pool Features: Community
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Community Structure, Controlled Entrance, Covered
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Place0
  • Phone: 111-1111
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 23071.00

Multi Family

  • Lease Considered: No
  • 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
Sep 6, 2018
Closed on
Sep 27, 2018
Sold by
Gibson Kyle
Bought by
Tomov Boris and Tomov Theodora
Seller's Agent
Michael Cirrito
Home Free Realty
Buyer's Agent
Sandra Fronhofer
No Firm Affiliation
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Current Estimated Value
$603,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,737
Avg. Annual Appreciation
2.91%

Purchase Details

Listed on
Feb 1, 2016
Closed on
Feb 9, 2016
Sold by
Janovici Michael A
Bought by
Gibson Kyle
Seller's Agent
Kevin Pike
Coldwell Banker Exclusive
Buyer's Agent
Michael Cirrito
Home Free Realty
List Price
$390,000
Sold Price
$400,000
Premium/Discount to List
$10,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$390,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2009
Sold by
Rosenthal Monroe and Rosenthal Micaela Utma
Bought by
Janovici Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2009
Sold by
Gitnick Neil D
Bought by
Value Home Loan Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2008
Sold by
Value Home Loan Inc
Bought by
Rosenthal Monroe and Rosenthal Micaela

Purchase Details

Closed on
Dec 24, 2002
Sold by
Whitney Jill
Bought by
Gitnick Neil D
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
Tomov Boris $495,000 Wfg National Title Company
Gibson Kyle $400,000 Wfg Title Company
Janovici Michael A $295,000 Chicago Title Company
Value Home Loan Inc -- Chicago Title Company
Rosenthal Monroe -- None Available
Gitnick Neil D -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Kyle $390,000
Previous Owner Janovici Michael A $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $495,000 -5.7% $534 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $525,000 +31.3% $566 / Sq Ft
03/20/2016 03/20/16 Sold $400,000 +2.6% $431 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $390,000 -- $421 / 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 $6,632 $552,178 $111,550 $440,628
2024 $6,632 $541,352 $109,363 $431,989
2023 $6,503 $530,738 $107,219 $423,519
2022 $6,196 $520,332 $105,117 $415,215
2021 $6,120 $510,130 $103,056 $407,074
2019 $5,935 $495,000 $100,000 $395,000
2018 $5,006 $416,159 $222,437 $193,722
2016 $3,836 $320,904 $140,327 $180,577
2015 $3,779 $316,085 $138,220 $177,865
2014 $3,795 $309,894 $135,513 $174,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18218176

California Regional Multiple Listing Service (CRMLS)

APN: 2258-021-108