NOT LISTED FOR SALE

5533 Edward e Horton Ln Unit 1 Encino, CA 91316

Estimated Value: $678,000 - $901,000

2 Beds
2.5 Baths
1,870 Sq Ft
$415/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $440,000 $235 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,141/month

Highlights

  • In Ground Spa
  • Gated Community
  • 144,469 Sq Ft lot
  • Two Primary Bedrooms
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of May 2016

Tri-Level end-unit Townhome in desirable Horton Lane community. Unit offers private 2- car garage w/ direct access, living room, formal dining room, large open kitchen and 2 oversized bedrooms, each with its own ensuite. Split-level main floor features vaulted smooth ceilings, recessed lights, wood shutters, fireplace, slider to private patio & step up to large formal dining room. Big, gorgeous and open kitchen offers hardwood floors, granite counters, breakfast bar, lots of counter & cabinet space and informal dining space. Upstairs; 2 spacious bedrooms, both w/ full baths & huge walk-in closets. Primary master bedroom offers wood shutters, balcony w/ tree and park views and large nook that serves perfectly as home office/sitting room. Laundry on second floor near bedrooms. Horton Lane complex offers large heated swimming pool, spa, peaceful walking trails alongside a babbling brook & impressive furnished meeting/party room w/ kitchen. Directly across street are Balboa Park Sports Complex, tennis & basketball courts, Encino Glen Golf Course, walking & bike trails around Lake Balboa. Walking distance across pedestrian bridge to Ventura Blvd & 2 blocks from Trader Joes. This unit is turnkey!

Last Agent to Sell the Property

Brian Fisk

No Firm Affiliation License #01260819 Listed on: 03/23/2016

Last Buyer's Agent

Brian Fisk

No Firm Affiliation License #01260819 Listed on: 03/23/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1979

Lot Details

  • 3.32 Acre Lot
  • End Unit
  • 1 Common Wall

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Turnkey
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,870 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Panel Doors
  • Living Room with Fireplace
  • Dining Room
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Pool

  • In Ground Spa
  • Heated Pool

Additional Features

  • Patio
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 32152
  • Assessor Parcel Number 2255027076

Community Details

Overview

  • 20 Units
  • Valley

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Recreation Room
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,291

Year Built

Built in 1979

Lot Details

0

HOA Fees

$505 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community, Security System
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2255027076
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1870.00
  • Interior Amenities: Granite Counters, High Ceilings, Recessed Lighting
  • Stories: 3
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 235.29
  • Room Type: All Bedrooms Up, Walk-In Closet, Two Masters
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows, Plantation Shutters

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt, Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, Heated
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Dues Paid Monthly, Earthquake Insurance, Pets Permitted, Pool, Recreation Room, Spa/Hot Tub, Weight Limit
  • Association Fee: 505.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Urban, Valley

Lot Info

  • Lot Size Sq Ft: 144469.00
  • Price Per Lot Square Foot: 3.05

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 32152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2020
Sold by
Karst Richard and Spindler Ekaterina
Bought by
Karst Richard Glen and Spindler Ekaterina Urieva
Current Estimated Value
$775,713

Purchase Details

Listed on
Mar 23, 2016
Closed on
Apr 4, 2016
Sold by
Colson Carmen J
Bought by
Karst Richard and Spindler Ekaterina
Seller's Agent
Brian Fisk
No Firm Affiliation
Buyer's Agent
Brian Fisk
No Firm Affiliation
List Price
$434,950
Sold Price
$440,000
Premium/Discount to List
$5,050
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$330,000
Outstanding Balance
$262,423
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$513,290

Purchase Details

Closed on
Apr 18, 2015
Sold by
Colson Carmen J
Bought by
Colson Carmen J

Purchase Details

Listed on
Jul 25, 2013
Closed on
Aug 21, 2013
Sold by
Cherny Alex
Bought by
Cole Carmen J
Seller's Agent
Brian Fisk
No Firm Affiliation
Buyer's Agent
Brian Fisk
No Firm Affiliation
List Price
$409,000
Sold Price
$420,000
Premium/Discount to List
$11,000
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$399,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2012
Sold by
Cherny Alexander and Cherny Laurie
Bought by
Cherny Alexander and Cherny Laurie

Purchase Details

Closed on
Feb 12, 2009
Sold by
Stein Marilyn
Bought by
Cherny Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 1993
Sold by
Levitz Jerome M and Levitz Linda
Bought by
Astrin Henry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.95%
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
Karst Richard Glen -- None Available
Karst Richard $440,000 Fidelity National Title
Colson Carmen J -- None Available
Cole Carmen J $420,000 Fidelity Van Nuys
Cherny Alexander -- Equity Title
Cherny Alex $310,000 Chicago Title Company
Astrin Henry E -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karst Richard $330,000
Previous Owner Cole Carmen J $399,000
Previous Owner Cherny Alex $304,385
Previous Owner Astrin Henry E $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $440,000 +1.2% $235 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $434,950 +3.6% $233 / Sq Ft
09/25/2013 09/25/13 Sold $420,000 +2.7% $225 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $409,000 -- $219 / 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 $6,291 $520,864 $227,286 $293,578
2024 $6,291 $510,652 $222,830 $287,822
2023 $6,170 $500,640 $218,461 $282,179
2022 $5,882 $490,825 $214,178 $276,647
2021 $5,801 $481,202 $209,979 $271,223
2019 $5,626 $466,930 $203,751 $263,179
2018 $5,587 $457,775 $199,756 $258,019
2016 $5,347 $434,922 $207,520 $227,402
2015 $5,270 $428,390 $204,403 $223,987
2014 $5,291 $420,000 $200,400 $219,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16060326

California Regional Multiple Listing Service (CRMLS)

APN: 2255-027-076