$900,000
SOLD APR 7, 2022

5229 Balboa Blvd Unit 35 Encino, CA 91316

4 Beds
3 Baths
1,927 Sq Ft
$369/mo HOA Fee

Recently Sold

$467 Per Sq Ft

7% Above List Price

5 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Gated Community
  • Gaspar De Portola Middle School Rated A-
  • Gated Parking
  • Updated Kitchen

About This Home

As of April 2022

Centrally located in the beautiful garden complex of Encino Balboa Condominiums, this spacious, bright and quiet 4 bedroom/3 bath is a rare find! Welcome home as you enter through the spacious and private patio, perfect for enjoying your private Zen or alfresco dining. In addition to its fabulous open-style floor plan and natural sunlight, this unit boasts many upgrades including wood-like flooring, built-ins, remodeled bathrooms and fresh paint throughout. The 2020 remodeled kitchen offers newer trendy white cabinetry, beautiful neutral quartz countertops and newer stainless-steel appliances.
The unit is close to the sparkling community pool, spa, clubhouse and barbecue area. Encino Balboa Complex is close proximity to dining, shopping, Houses of Worship and Balboa Park.

Last Agent to Sell the Property

Kay Fields

Compass License #01323396 Listed on: 02/25/2022

Compass

Last Buyer's Agent

Justin Shore

Pinnacle Estate Properties, Inc. License #01715508

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,261

Year Built

  • Built in 1965 | Remodeled

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Gated Parking

Home Design

  • Split Level Home

Interior Spaces

  • 1,927 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Storage
  • Laminate Flooring
  • Park or Greenbelt Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Two or More Common Walls
  • Property is near a clubhouse

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 25105
  • Assessor Parcel Number 2258026064
  • $227 per year additional tax assessments

Community Details

Overview

  • 45 Units
  • Encino Balboa Association, Phone Number (818) 587-9500
  • Westcom Management HOA
  • Maintained Community
  • Valley

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,261

Year Built

Built in 1965 | Remodeled

Lot Details

0

HOA Fees

$369 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All stainless steel kitchen appliances and white refrigerator. Washer and dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • View: Yes
  • Zoning: LAR3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2258026064
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1927.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 467.05
  • Room Type: All Bedrooms Up, Great Room, Kitchen, Master Suite
  • Spa Features: Association, Community
  • Bathroom Features: Bathtub, Shower, Granite Counters, Linen Closet/Storage
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Gas Water Heater, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Clubhouse, Maintenance Grounds, Pet Rules, Call for Rules, Management, Security
  • Association Fee: 369.00
  • Association Fee Frequency: Monthly
  • Association Name: Encino Balboa association
  • Phone: 818.587.9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Valley
  • Association Management: Westcom Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 91078.00
  • Lot Size Acres: 2.0909
  • Latitude Manual: 34.16595400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 91078.0000 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: 227.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 8, 2022
Sold by
Joann Argow Revocable Trust
Bought by
Patel Meera
Seller's Agent
Kay Fields
Compass
Buyer's Agent
Justin Shore
Pinnacle Estate Properties, Inc.
List Price
$839,000
Sold Price
$900,000
Premium/Discount to List
$61,000
7.27%
Current Estimated Value
$838,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,891
Avg. Annual Appreciation
-2.07%
Original Mortgage
$700,000
Outstanding Balance
$655,225
Interest Rate
3.76%
Mortgage Type
Balloon
Estimated Equity
$182,884

Purchase Details

Closed on
Mar 21, 2013
Sold by
Argow Joann
Bought by
Argow Joann and Joann Argow Revocable House Trust

Purchase Details

Closed on
Aug 12, 2009
Sold by
Argow Joann
Bought by
Argow Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
2.77%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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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 $900,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Balloon
Previous Owner $555,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $900,000 +7.3% $467 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $839,000 -- $435 / 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 $11,261 $936,360 $260,100 $676,260
2024 $11,261 $918,000 $255,000 $663,000
2023 $11,042 $900,000 $250,000 $650,000
2022 $2,276 $181,592 $75,533 $106,059
2021 $2,237 $178,032 $74,052 $103,980
2019 $2,169 $172,753 $71,856 $100,897
2018 $2,128 $169,367 $70,448 $98,919
2016 $2,010 $162,792 $67,713 $95,079
2015 $1,981 $160,347 $66,696 $93,651
2014 $1,993 $157,207 $65,390 $91,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22036879

California Regional Multiple Listing Service (CRMLS)

APN: 2258-026-064