$400,000
SOLD MAR 20, 2016

5151 Balboa Blvd Unit 310 Encino, CA 91316

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

Recently Sold

$431 Per Sq Ft

3% Above List Price

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Auto Driveway Gate
  • Gaspar De Portola Middle School Rated A-
  • All Bedrooms Downstairs
  • View of Trees or Woods

About This Home

As of October 2018

Superb Encino location, close to Ventura Blvd and a huge selection of great restaurants and retail shopping. Also very close to Balboa Park which hosts a selection of recreational activities such as tennis, golf, baseball and more! Freeway close, this unit is turnkey ready to move in and enjoy. This penthouse suite comes with 14' ceilings, two master suites and boosts only one common wall. This unit also comes with hard-to-find three subterranean parking spaces, a balcony spanning both bedrooms and the living room, and extra secured storage outside the unit.

Last Agent to Sell the Property

Kevin Pike

Coldwell Banker Exclusive License #01990544 Listed on: 02/01/2016

Coldwell Banker Exclusive

Last Buyer's Agent

Michael Cirrito

Home Free Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,632

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • 1 Common Wall
  • West Facing Home
  • Irregular Lot
  • On-Hand Building Permits

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Shared Driveway
  • Auto Driveway Gate
  • Guest Parking
  • Parking Lot
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Woods
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Common Roof
  • Wood Siding
  • Metal Siding
  • Stucco

Interior Spaces

  • 927 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • Entryway
  • Living Room
  • Recreation Room
  • Storage
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Customized Wheelchair Accessible
  • Ramp on the main level
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • In Ground Spa
  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • 28 Units
  • Valley

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Trash Chute

Recreation

  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

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: No
  • Inclusions: Stainless steal stove top/oven, microwave, refrigerator and dishwasher. The washer and dryer are also included in the sale price.
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Building Permit, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2258021108
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 927.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceramic Counters, Ceiling Fan(s), Elevator, High Ceilings, Living Room Balcony, Recessed Lighting, Storage, Trash Chute, Tile Counters, Track Lighting
  • Entry Location: Top Level,Penthouse,Elevator
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile
  • Accessibility Features: Accessible Elevator Installed, Low Pile Carpeting, Parking, Ramp - Main Level, Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 431.50
  • Room Type: All Bedrooms Down, Entry, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Recreation, Two Masters
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Custom Covering, Drapes

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • View: Neighborhood, Trees/Woods
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Drywall Walls, Glass, Metal Siding, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Assigned, Community Structure, Controlled Entrance, Covered, Concrete, Driveway, Direct Garage Access, Garage, Gated, Guest, Parking Space, Private, Garage Faces Rear, Side by Side, Shared Driveway, Built-In Storage, Subterranean
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Gas & Electric Dryer Hookup, In Closet, Inside, Washer Hookup, Washer Included
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Sauna, Spa/Hot Tub
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Valley

Lot Info

  • Lot Features: Irregular Lot, Park Nearby, Corner Lot

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 28
  • Number Of Units Total: 28

Tax Info

  • 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 Type Sale Price Title Company
Grant Deed $495,000 Wfg National Title Company
Grant Deed $400,000 Wfg Title Company
Grant Deed $295,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Grant Deed -- None Available
Grant Deed -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $390,000 Purchase Money Mortgage
Previous Owner $236,000 Purchase Money Mortgage
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: SR16021061

California Regional Multiple Listing Service (CRMLS)

APN: 2258-021-108