NOT LISTED FOR SALE

5533 Edward e Horton Ln Unit 14 Encino, CA 91316

Estimated Value: $824,000 - $1,132,000

3 Beds
3 Baths
2,427 Sq Ft
$698/mo HOA Fee

Last Sold September 07, 2023

Last sale price $865,000 $356 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,401/month

68 Days on Market

Highlights

  • Spa
  • Deck
  • Granite Countertops
  • 3.32 Acre Lot
  • Wood Flooring
  • Double Door Entry

About This Home

As of September 2023

Welcome to Horton Lane, a highly desirable neighborhood in Encino. Discover an exquisite two-story condo with 3 bedrooms, 3 bathrooms, and a spacious floorplan spanning 2,427 square feet of living space. As you make your way inside this remarkable residence to find a range of impressive features including beautiful wood flooring, elegant crown moldings, recessed lighting, built-in amenities, an in-unit laundry area, and not one, but three delightful patio spaces! Accessible from the living room, dining room, and primary bedroom, each patio offers ample room for seating and relaxation. The home boasts both a formal living room and dining room, adorned with stunning wall paneled details that add a touch of sophistication. Additionally, there is a welcoming family room seamlessly connected to the kitchen, creating a perfect space for entertaining. Prepare delicious meals in the bright kitchen, equipped with gorgeous wood cabinets, stainless steel appliances, stunning granite countertops, and an attractive decorative backsplash. The kitchen also features a generous breakfast bar, ideal for adding bar stools and enjoying casual dining. The bathrooms showcase elegant granite countertops and provide plenty of storage space. The bedrooms are spacious and well-lit, offering an abundance of natural sunlight. The primary bedroom includes a convenient walk-in closet and a luxurious en-suite bathroom featuring a built-in dressing table and a double sink vanity. This unit includes two assigned parking spaces for your convenience. The community features a secure, controlled-access building, along with a refreshing swimming pool and spa for residents to enjoy. The location is superb, with close proximity to the 101-Freeways, Trader Joe's, a variety of dining options, the Balboa Sports Center, Lake Balboa, Sepulveda Basin Dog Park, and much more. Experience the ultimate in comfortable and stylish condominium living at Horton Lane.

Last Agent to Sell the Property

Anika Mar

JohnHart Real Estate License #01324775 Listed on: 05/19/2023

JohnHart Real Estate

Last Buyer's Agent

Mark Bua

Keller Williams - Studio City License #01305390

Keller Williams - Studio City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,320

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • No Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $698 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,427 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Deck
  • Patio

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32152
  • Assessor Parcel Number 2255027020
  • $280 per year additional tax assessments

Community Details

Overview

  • 75 Units
  • Horton Lane Association, Phone Number (310) 915-9595

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,320

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$698 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2255027020
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2427.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting, Storage, Tray Ceiling(s)
  • Stories: 2
  • Entry Location: Through the building
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 356.41
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 698.00
  • Association Fee Frequency: Monthly
  • Association Name: Horton Lane
  • Phone: 310-915-9595
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Horton Lane

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 144469.00
  • Lot Size Acres: 3.3166

Multi Family

  • Lease Considered: No
  • Lot Size Area: 144469.0000 Square Feet
  • Number Of Units In Community: 75
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1390.01
  • Tax Lot: 1
  • Tax Tract Number: 32152
  • TaxOtherAnnualAssessmentAmount: 280.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 21, 2023
Sold by
Derhartounian Arpi
Bought by
Walsh Family Revocable Living Trust and Walsh
Seller's Agent
Anika Mar
JohnHart Real Estate
Buyer's Agent
Mark Bua
Keller Williams - Studio City
List Price
$925,000
Sold Price
$865,000
Premium/Discount to List
-$60,000
-6.49%
Views
141
Current Estimated Value
$929,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,106
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Jul 13, 2021
Sold by
Derhartounian Vahe and Derhartounian Arpi
Bought by
Derhartounlan Arpi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2016
Closed on
Aug 1, 2016
Sold by
Amirian Hermik
Bought by
Derhartounian Vahe
Seller's Agent
Simon Mills
Mills Realty of California
List Price
$600,000
Sold Price
$560,000
Premium/Discount to List
-$40,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$417,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 20, 2016
Sold by
Stevenson James R
Bought by
Derhartounian Vahe and Derhartounian Arpi
Seller's Agent
Simon Mills
Mills Realty of California
List Price
$600,000
Sold Price
$560,000
Premium/Discount to List
-$40,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2013
Closed on
Mar 6, 2013
Sold by
Scates Allen Edward and Scates Suzanne
Bought by
Stevenson James R and Stevenson Christina
Seller's Agent
Marly Tempel
Rodeo Realty
Buyer's Agent
Lillian Wall
Wall Street Properties
List Price
$479,950
Sold Price
$480,000
Premium/Discount to List
$50
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$471,256
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2004
Sold by
Scates Allen E and Scates Suzanne
Bought by
Scates Allen Edward

Purchase Details

Closed on
Jan 29, 1999
Sold by
Sachs Family Trust and Sandra
Bought by
Scates Allen E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Walsh Family Revocable Living Trust $865,000 Chicago Title Company
Derhartounlan Arpi -- Lawyers Title
Derhartounian Vahe -- Title 365
Derhartounian Vahe $560,000 Title 365
Stevenson James R $480,000 Equity Title Los Angeles
Scates Allen Edward -- --
Scates Allen E $260,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derhartounlan Arpi $382,500
Previous Owner Derhartounian Vahe $417,000
Previous Owner Derhartounian Vahe $417,000
Previous Owner Stevenson James R $471,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $865,000 -3.6% $356 / Sq Ft
06/23/2023 06/23/23 Price Changed $897,000 -0.1% $370 / Sq Ft
06/07/2023 06/07/23 Price Changed $898,000 -2.9% $370 / Sq Ft
05/19/2023 05/19/23 For Sale $925,000 +65.2% $381 / Sq Ft
08/18/2016 08/18/16 Sold $560,000 -6.7% $231 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $600,000 +25.0% $247 / Sq Ft
03/18/2013 03/18/13 Sold $480,000 0.0% $198 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $479,950 -- $198 / 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 $9,320 $768,032 $312,902 $455,130
2024 $9,320 $752,973 $306,767 $446,206
2023 $8,750 $701,469 $311,495 $389,974
2022 $8,295 $687,716 $305,388 $382,328
2021 $7,236 $600,429 $299,785 $300,644
2020 $7,305 $594,274 $296,712 $297,562
2019 $7,017 $582,623 $290,895 $291,728
2018 $6,976 $571,200 $285,192 $286,008
2016 $6,054 $499,206 $241,021 $258,185
2015 $5,965 $491,708 $237,401 $254,307
2014 $5,986 $482,077 $232,751 $249,326
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23085797

California Regional Multiple Listing Service (CRMLS)

APN: 2255-027-020