NOT LISTED FOR SALE

5229 Balboa Blvd Unit 21 Encino, CA 91316

Estimated Value: $609,000 - $741,000

2 Beds
2.5 Baths
1,360 Sq Ft
$482/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $690,000 $507 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,270/month

4 Days on Market

Highlights

  • Heated In Ground Pool
  • Updated Kitchen
  • Contemporary Architecture
  • Gaspar De Portola Middle School Rated A-
  • 2.09 Acre Lot
  • Two Story Ceilings

About This Home

As of May 2024

Updated with brand new flooring, newly painted, new kitchen suite of appliances of upper end LG dishwasher, with ThinQ WIFI technology, LG slide-in stove with oven and air fryer, with ThinQ WIFI technology, LG over the stove, space saving microwave, beautiful granite kitchen countertops with full backsplash and breakfast counter. Washer and dryer inside unit. NEST energy-saving WIFI thermostat. Smoothed out ceilings with beautiful crown molding. Upstairs, each bedroom has a full en-suite bath The master bath has a luxurious spa feel with Jacuzzi brand hot tub and rainfall showerhead. The bathtub backsplash has galaxy black granite with a matching galaxy black countertop cabinet with sink. The second bedroom has a walk-in closet and the full bath en-suite has floor to ceiling ceramic tile. During the day, the unit is light and bright with an oversized sliding glass door in the living room and one in the master bedroom and large, oversized window in the living room. At night, energy saving, LED recessed lighting in every room, work off of a WIFI switch. Two car garage is attached with one more car that can be parked in the driveway outside the garage door. Tesla charger already installed in the garage! There is new roof installed about 2+ years ago. The grounds are lush and park-like with beautiful landscaping and the community heated pool and hot tub make summers fun and exciting. A warm, family friendly, resort oasis in the Encino Charter Elementary school district. This unit is located towards the rear of the complex where its quiet and the patio looks over beautiful trees and landscaping. Conveniently located near the 101/405 freeways, dining and shopping on Ventura Blvd, walking distance to Encino Charter Elementary School, four beautiful parks are a few minutes driving including Balboa Park, Balboa Sports Center, Encino Park, and Los Encinos State Historic Park. The Sherman Oaks Galleria is minutes away as well. Nearby, enjoy the Westfield mall in Woodland Hills and the Westfield Fashion Square in Sherman Oaks.

Last Agent to Sell the Property

Jack Gelnak

Premier Capital Mortgage and Realty Inc Brokerage Phone: 818-571-4726 License #01834663 Listed on: 04/18/2024

Last Buyer's Agent

Mark Paulson

Berkshire Hathaway HomeService License #01245085

Berkshire Hathaway HomeService

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 1965

Lot Details

  • 2.09

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Copper Plumbing

Interior Spaces

  • 1,360 Sq Ft Home
  • 3-Story Property
  • Two Story Ceilings
  • Gas Fireplace
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Schools

  • Encino Elementary School
  • Portola Middle School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 25105
  • Assessor Parcel Number 2258026050
  • $50 per year additional tax assessments

Community Details

Overview

  • 45 Units
  • Encino Balboa Association, Phone Number (818) 587-9500
  • Westcomm HOA

Amenities

  • Community Barbecue Grill
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,212

Year Built

Built in 1965

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Counterdepth LG French Door Refrigerator in kitchen, washer and dryer,
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2258026050
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1360.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Granite Counters, Living Room Balcony, Two Story Ceilings
  • Stories: 3
  • Entry Location: Balboa
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 507.35
  • Room Type: All Bedrooms Up, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Association, Heated, In Ground
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Dual Shower Heads (or Multiple), Granite Counters, Jetted Tub
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Patio, Patio Open
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Recreation Room, Trash, Sewer, Water
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Encino Balboa
  • Phone: 8185879500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Westcomm

Schools

  • School District: Los Angeles Unified
  • Elementary School: Encino
  • Middle School: Portola
  • Elementary School: Encino
  • Middle Or Junior School: Portola
  • Elementary School #2: ENCINO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 91106.00
  • Lot Size Acres: 2.0915
  • Latitude Manual: 34.16586600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 91106.0000 Square Feet
  • Number Of Units In Community: 45
  • Number Of Units Total: 45

Tax Info

  • Tax Census Tract: 1396.00
  • Tax Lot: 1
  • Tax Tract Number: 25105
  • TaxOtherAnnualAssessmentAmount: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 7, 2024
Sold by
Jmg Legacy Trust and Gelnak Jack
Bought by
Djabourian John and Darakjian Lucine
Seller's Agent
Jack Gelnak
Premier Capital Mortgage and Realty Inc
Buyer's Agent
Mark Paulson
Berkshire Hathaway HomeService
List Price
$639,000
Sold Price
$690,000
Premium/Discount to List
$51,000
7.98%
Views
25
Current Estimated Value
$656,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,851
Avg. Annual Appreciation
-3.41%
Original Mortgage
$440,000
Outstanding Balance
$433,724
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$222,425

Purchase Details

Closed on
Jan 6, 2015
Sold by
Gelnak Jack
Bought by
Jmg Legacy Trust

Purchase Details

Closed on
Mar 31, 2004
Sold by
Gelnak Jack
Bought by
Gelnak Jack and The Jack Gelnak Trust

Purchase Details

Closed on
Nov 5, 2002
Sold by
Borne Eugene G
Bought by
Gelnak Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.03%

Purchase Details

Closed on
Mar 23, 1998
Sold by
Borne Eugene G and Borne Gertrude
Bought by
Borne Eugene and Borne Trudy
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
Djabourian John $690,000 Chicago Title Company
Jmg Legacy Trust -- None Available
Gelnak Jack -- --
Gelnak Jack $235,000 Fidelity National Title Co
Borne Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Djabourian John $440,000
Previous Owner Gelnak Jack $188,000
Closed Gelnak Jack $23,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $690,000 +8.0% $507 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $639,000 -- $470 / 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 $4,212 $703,800 $211,140 $492,660
2024 $4,212 $333,662 $204,460 $129,202
2023 $4,132 $327,120 $200,451 $126,669
2022 $3,941 $320,707 $196,521 $124,186
2021 $3,888 $314,419 $192,668 $121,751
2019 $3,773 $305,095 $186,954 $118,141
2018 $3,731 $299,114 $183,289 $115,825
2016 $3,472 $287,501 $176,173 $111,328
2015 $3,421 $283,183 $173,527 $109,656
2014 $3,436 $277,636 $170,128 $107,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24077521

California Regional Multiple Listing Service (CRMLS)

APN: 2258-026-050