NOT LISTED FOR SALE

5461 Forbes Ave Encino, CA 91436

Estimated Value: $1,415,000 - $1,870,973

3 Beds
2 Baths
1,929 Sq Ft
$826/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $780,000 $404 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $10,034/month

25 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Breakfast Area or Nook
  • Living Room with Fireplace
  • No HOA
  • Built-In Features

About This Home

As of March 2017

Storybook ranch style home in a charming, quiet Encino neighborhood hidden among soaring trees. This completely remodeled home is located on a huge corner lot and features a wonderful open floor plan including formal living room with cozy fireplace, dining room, and bright family room that opens out on to the lush and private backyard. Perfect for entertaining! The open kitchen features stainless steel appliances, bamboo cabinets, and a lovely breakfast nook. Beautiful hardwood floors throughout. The gorgeous bathrooms have been completely updated. Come see this hidden gem of a neighborhood on a quiet tree lined cul-de-sac; stroll to Lake Balboa and all the amazing parks the Sepulveda Basin offers; minutes to all the restaurants and shops on Ventura blvd.

Last Agent to Sell the Property

Chad Lurtsema

The CMLgroup, Inc. License #01344540 Listed on: 01/13/2017

Last Buyer's Agent

Chad Lurtsema

The CMLgroup, Inc. License #01344540 Listed on: 01/13/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,752

Year Built

  • Built in 1955

Lot Details

  • 7,887 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,929 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Woods
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2251-009-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,752

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 1929
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 414.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2251-009-018
  • Geocode Override: No
  • Lot Size Area: 7887

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Berman Lindsay
Bought by
Hobbs Nathan and Tsang Melissa
Current Estimated Value
$1,577,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$919,713
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$674,280

Purchase Details

Closed on
Jun 26, 2020
Sold by
Berman Lindsay and Berman Joseph
Bought by
Berman Lindsay and Berman Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 28, 2017
Sold by
Menzer Matthew
Bought by
Menzer Lindsay
Seller's Agent
Chad Lurtsema
The CMLgroup, Inc.
Buyer's Agent
Chad Lurtsema
The CMLgroup, Inc.
List Price
$799,500
Sold Price
$780,000
Premium/Discount to List
-$19,500
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$624,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 8, 2017
Sold by
Egan Michael Stuart and Keawchoho Baramuth
Bought by
Menzer Lindsay and Berman Joseph
Seller's Agent
Chad Lurtsema
The CMLgroup, Inc.
Buyer's Agent
Chad Lurtsema
The CMLgroup, Inc.
List Price
$799,500
Sold Price
$780,000
Premium/Discount to List
-$19,500
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2013
Sold by
Egan Michael Stuart and Keawchoho Baramuth
Bought by
Egan Michael Stuart and Keawchoho Baramuth

Purchase Details

Closed on
Mar 17, 2009
Sold by
Egan Michael Stuart
Bought by
Egan Michael Stuart and Keawchoho Baramuth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2007
Sold by
Brown Barbara A and The William M & Barbara A Brow
Bought by
Egan Michael Stuart and Keawchoho Baramuth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Hobbs Nathan $1,345,000 Chicago Title Company
Berman Lindsay -- First American Title Ins Co
Menzer Lindsay -- Chicago Title Company
Berman Joseph -- Chicago Title Company
Menzer Lindsay $780,000 Chicago Title Company
Egan Michael Stuart -- None Available
Egan Michael Stuart -- Calcounties Titlenation
Egan Michael Stuart -- Calcounties Titlenation
Egan Michael Stuart $600,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Nathan $945,000
Previous Owner Berman Lindsay Haley $40,000
Previous Owner Berman Lindsay $594,000
Previous Owner Menzer Lindsay $624,000
Previous Owner Egan Michael Stuart $389,000
Previous Owner Egan Michael Stuart $414,000
Previous Owner Egan Michael Stuart $125,000
Previous Owner Egan Michael Stuart $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2017 03/09/17 Sold $780,000 -2.4% $404 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $799,500 0.0% $414 / Sq Ft
10/11/2012 10/11/12 Rented $3,495 0.0% --
10/11/2012 10/11/12 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $3,495 -- --
Source: The MLS

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 $16,752 $1,399,337 $1,158,381 $240,956
2024 $16,752 $1,371,900 $1,135,668 $236,232
2023 $10,729 $870,101 $501,981 $368,120
2022 $10,229 $853,041 $492,139 $360,902
2021 $10,101 $836,316 $482,490 $353,826
2020 $10,203 $827,741 $477,543 $350,198
2019 $9,798 $811,512 $468,180 $343,332
2018 $9,720 $795,600 $459,000 $336,600
2016 $8,022 $665,742 $532,597 $133,145
2015 $7,904 $655,743 $524,597 $131,146
2014 $7,836 $635,000 $508,000 $127,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chad Lurtsema

    The CMLgroup, Inc.

    (310) 694-8992

    13 Total Sales

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Map

Source: The MLS

MLS Number: 17-193080

The MLS

APN: 2251-009-018

California Los Angeles County Encino 91436

5461 Forbes Ave, Encino, CA

This home is located at 5461 Forbes Ave, Encino, CA 91436 since 13 January 2017 and is currently estimated at $1,593,993, approximately $826 per square foot. This property was built in 1955. 5461 Forbes Ave is a home located in Los Angeles County with nearby schools including William Mulholland Middle, Encino Charter Elementary, and High Tech Los Angeles.

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