NOT LISTED FOR SALE

5301 Balboa Blvd Unit Q102 Encino, CA 91316

Estimated Value: $600,000 - $636,000

2 Beds
2 Baths
1,426 Sq Ft
$433/Sq Ft Est. Value

About This Home

Welcome to the Balboa Biltmore in Encino! This two (2) bedroom two (2) bath ground floor unit offers over 1,400 square feet of living space, with a very large living and dining area directly off a private balcony. The kitchen has tons of cabinets and storage space, with seating at the breakfast bar. Master bath has dual vanities. Enjoy views of the beautiful landscaping and pool area. Unit is in a gated community with two (2) swimming pools, and in ground spa, recreation room, lush landscaping, beautiful walk-ways, On – site manager and more. Subterranean parking with two (2) side by side spaces within close proximity to elevator and the unit. Close proximity to shops, restaurants, medical facilities, 101 freeway access and more. Tenant occupied till the end of the month.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Heravi Joseph
Bought by
Joseph Heravi 2024 Family Trust and Heravi
Current Estimated Value
$617,847

Purchase Details

Closed on
Jul 1, 2005
Sold by
Condor Development
Bought by
Heravi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,400
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Joseph Heravi 2024 Family Trust -- None Listed On Document
Heravi Joseph $458,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heravi Joseph $343,700
Previous Owner Heravi Joseph $366,400
Previous Owner Heravi Joseph $79,100
Previous Owner Heravi Joseph $366,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Rented $2,600 -1.9% --
05/22/2018 05/22/18 Under Contract -- -- --
05/04/2018 05/04/18 For Rent $2,650 +10.5% --
04/15/2017 04/15/17 Rented $2,399 -7.7% --
04/15/2017 04/15/17 Under Contract -- -- --
02/13/2017 02/13/17 For Rent $2,600 +20.9% --
12/15/2013 12/15/13 Rented $2,150 -6.5% --
12/10/2013 12/10/13 Under Contract -- -- --
10/11/2013 10/11/13 For Rent $2,300 -- --

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
2024 $7,551 $613,606 $437,566 $176,040
2023 $7,158 $581,000 $415,000 $166,000
2022 $6,956 $581,000 $415,000 $166,000
2021 $6,496 $538,000 $384,300 $153,700
2019 $6,488 $538,000 $384,300 $153,700
2018 $5,757 $469,000 $335,000 $134,000
2016 $4,592 $375,000 $267,700 $107,300
2015 $4,592 $375,000 $267,700 $107,300
2014 $4,701 $375,000 $267,700 $107,300
Source: Public Records

Agents Affiliated with this Home

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