NOT LISTED FOR SALE

5224 Zelzah Ave Unit 206 Encino, CA 91316

Estimated Value: $640,000 - $831,000

2 Beds
3 Baths
1,550 Sq Ft
$514/mo HOA Fee

Last Sold February 08, 2019

Last sale price $481,000 $310 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,725/month

Highlights

  • Fitness Center
  • In Ground Pool
  • Auto Driveway Gate
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of February 2019

This lovely 2 bedroom, 3 bath unit, with over 1500 square feet and open floorplan, is located within walking distance to Ventura Blvd. shops, dining and transportation. The unit features new flooring, newer appliances, a wet bar, lots of storage and closet space, plus updated kitchen with granite countertops, stainless refrigerator, double oven, tile floors, and an adjoining separate laundry room with washer and dryer included. Large windows brighten both the living room, with fireplace and balcony, and spacious dining area. The Master Suite boasts a large walk-in closet, romantic fireplace and updated bath with double vanity and granite countertops. Building amenities include a gym, pool, spa. EQ insurance is included in HOA dues.

Last Agent to Sell the Property

Jo Ann Oster

Rodeo Realty License #01199989 Listed on: 01/21/2019

Rodeo Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,399

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $514 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Auto Driveway Gate
  • Parking Lot
  • Assigned Parking
  • Controlled Entrance

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Range Hood
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 47014
  • Assessor Parcel Number 2162017054

Community Details

Overview

  • 27 Units
  • Tandem Prop Mgmt Association, Phone Number (818) 883-4202

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,399

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$514 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer and Dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector(s)
  • View: No
  • Zoning: LAR3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2162017054
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1550.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Granite Counters, Living Room Balcony, Wet Bar
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 310.32
  • Room Type: Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
  • Spa Features: Association, In Ground
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Vanity Area
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Rain Gutters
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Controlled Entrance, Covered, Concrete, Gated, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Cable TV, Earthquake Insurance
  • Association Fee: 514.00
  • Association Fee Frequency: Monthly
  • Association Name: Tandem Prop Mgmt
  • Phone: 818 883-4202
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 20000-39999 Sqft, Paved
  • Lot Size Sq Ft: 21676.00
  • Lot Size Acres: 0.4976

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21676.0000 Square Feet
  • Number Of Units In Community: 27
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1395.04
  • Tax Lot: 1
  • Tax Tract Number: 47014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Jan 30, 2019
Sold by
Lotterstein Robert W and Lotterstein 2006 Trust
Bought by
Tehrani Farzaneh A and Aframian 2015 Irrevocable Trus
Seller's Agent
Jo Ann Oster
Rodeo Realty
List Price
$474,900
Sold Price
$481,000
Premium/Discount to List
$6,100
1.28%
Current Estimated Value
$691,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,007
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Dec 21, 2009
Sold by
Lotterstein Robert
Bought by
Lotterstein Robert W and Lotterstein 2006 Trust

Purchase Details

Closed on
Aug 5, 2009
Sold by
Hatton Jacob
Bought by
Lotterstein Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Barule Mark I
Bought by
Pace Jennifer E and Hatton Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 1999
Sold by
Barule Abraham
Bought by
Barule Abraham and The Barule Family Trust
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
Tehrani Farzaneh A $481,000 Progressive Title Company
Lotterstein Robert W -- None Available
Lotterstein Robert $445,000 Equity Title Los Angeles
Pace Jennifer E $400,000 California Counties Title
Barule Abraham -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lotterstein Robert $356,000
Previous Owner Pace Jennifer E $320,000
Closed Pace Jennifer E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $481,000 +1.3% $310 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $474,900 -- $306 / 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 $6,399 $536,561 $270,623 $265,938
2024 $6,399 $526,041 $265,317 $260,724
2023 $6,273 $515,727 $260,115 $255,612
2022 $5,977 $505,615 $255,015 $250,600
2021 $5,897 $495,702 $250,015 $245,687
2019 $6,197 $514,921 $399,211 $115,710
2018 $6,175 $504,826 $391,384 $113,442
2016 $5,188 $426,000 $96,000 $330,000
2015 $4,580 $375,000 $291,000 $84,000
2014 $4,689 $375,000 $291,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19012231

California Regional Multiple Listing Service (CRMLS)

APN: 2162-017-054