NOT LISTED FOR SALE

5533 Edward e Horton Ln Unit 17 Encino, CA 91316

Estimated Value: $831,000 - $1,084,000

3 Beds
3 Baths
2,427 Sq Ft
$381/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $765,000 $315 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,316/month

13 Days on Market

Highlights

  • In Ground Pool
  • City View
  • Atrium Room
  • Sauna
  • 3.32 Acre Lot
  • Clubhouse

About This Home

As of May 2021

Welcome Home to this rare extra-large Townhome in highly sought-after Horton Lane complex in Encino. Largest floorplan available on site. First floor features a huge chefs kitchen with upgraded cabinets, large sink and all stainless-steel appliances. Open floor plan on first floor with gas fireplace. Large patio and separate private atrium allow easy access to the outdoors. Full first floor bathroom includes shower. 3 bedrooms on the second floor. Master bedroom includes a private patio with unobstructed mountain views, double walk-in closet and en suite bathroom with dual vanities. Second floor also has a dedicated washer and dryer area in the hallway. Ample storage space throughout. The unit has two side-by-side parking spaces directly under the first floor in a covered, gated lot. Recreation area includes a pool, spa and clubhouse which is great for parties and gatherings. Directly across from Balboa Park, multiple golf courses, and zoned for highly-rated Encino Charter Elementary School. Minutes to the shops and restaurants of Ventura Blvd.

Last Agent to Sell the Property

Wilhelm Ordan

eXp Realty of Greater Los Angeles License #02037931 Listed on: 04/19/2021

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Rachael White

Equity Union License #02052823

Equity Union

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,942

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 3.32

HOA Fees

  • $581 Monthly HOA Fees

Property Views

  • City
  • Woods
  • Trees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,427 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Plantation Shutters
  • Drapes & Rods
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Recreation Room
  • Atrium Room
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Gas and Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer

Home Security

Parking

  • 2 Parking Spaces
  • Automatic Gate

Outdoor Features

  • In Ground Pool
  • Balcony
  • Open Patio

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 2255-027-023

Community Details

Overview

  • 20 Units
  • Association Phone (310) 915-9595
  • Maintained Community

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,942

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$581 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Unknown
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Horton Lane HOA
  • Entry Floor: 1
  • Living Area: 2427
  • Lot Acreage: 3.3166
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 1
  • Year Built: 1979
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Tile, Hardwood, Laminate
  • Appliances: Gas/Electric Range, Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area
  • Laundry: In Unit, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Hood Fan, Gas Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 308.61
  • Windows: Plantation Shutters, Drapes/Curtains

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central, Fireplace
  • Security: Carbon Monoxide Detector(s), Automatic Gate, Community, Smoke Detector
  • Water: District

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Spa, Rec Multipurpose Rm, Pool, Controlled Access
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 581.27
  • Phone: 3109159595|30
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Rent Control, Seismic Hazard
  • Horses: No
  • Assessor Parcel Number: 2255-027-023
  • Lot Location: City
  • Lot Size Area: 144469

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 20

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 11, 2021
Sold by
Lindenbaum Kenneth and Lindenbaum Magdalene Alonzo
Bought by
Pettitt Charles and Marchiano Julie
Seller's Agent
Wilhelm Ordan
eXp Realty of Greater Los Angeles
Buyer's Agent
Rachael White
Equity Union
List Price
$749,000
Sold Price
$765,000
Premium/Discount to List
$16,000
2.14%
Current Estimated Value
$925,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,293
Avg. Annual Appreciation
4.47%
Original Mortgage
$573,750
Outstanding Balance
$519,148
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$406,145

Purchase Details

Closed on
Mar 20, 2020
Sold by
Lindenbaum Kenneth and Lindenbaum Magdalene Alonzo
Bought by
Lindenbaum Kenneth and Lindenbaum Magdalene Alonzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2013
Closed on
Jul 29, 2013
Sold by
Paneview George
Bought by
Lindenbaum Kenneth and Lindenbaum Magdalene
Seller's Agent
Ian Sebastian
No Firm Affiliation
Buyer's Agent
Kevin Silver
Keller Williams Realty-Studio City
List Price
$497,535
Sold Price
$440,000
Premium/Discount to List
-$57,535
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$352,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2004
Sold by
Hale Catherine
Bought by
Panevics George and Hale Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Hale Catherine
Bought by
Hale Catherine and Panevics George

Purchase Details

Closed on
May 29, 2002
Sold by
Friedman Milton W
Bought by
Hale Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1999
Sold by
Friedman Milton W
Bought by
Friedman Milton W and Friedman Norma A
Source: Public Records

Range of Values:

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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
Pettitt Charles $765,000 Lawyers Title
Lindenbaum Kenneth -- Lawyers Title Company
Lindenbaum Kenneth $440,000 Advantage Title 365
Panevics George -- Alliance Title Company
Hale Catherine -- Alliance Title Company
Hale Catherine $387,500 Equity Title
Friedman Milton W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettitt Charles $573,750
Previous Owner Lindenbaum Kenneth $340,400
Previous Owner Lindenbaum Kenneth $352,000
Previous Owner Panevics George $420,000
Previous Owner Hale Catherine $348,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $765,000 +2.1% $315 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $749,000 +70.2% $309 / Sq Ft
08/27/2013 08/27/13 Sold $440,000 -11.6% $181 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $497,535 -- $205 / Sq Ft
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 $9,942 $828,059 $500,624 $327,435
2024 $9,942 $811,823 $490,808 $321,015
2023 $9,749 $795,906 $481,185 $314,721
2022 $9,293 $780,300 $471,750 $308,550
2021 $6,118 $498,299 $217,212 $281,087
2020 $6,176 $493,190 $214,985 $278,205
2019 $5,936 $483,520 $210,770 $272,750
2018 $5,897 $474,040 $206,638 $267,402
2016 $5,618 $455,634 $198,615 $257,019
2015 $5,537 $448,791 $195,632 $253,159
2014 $5,559 $440,000 $191,800 $248,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-718704

The MLS

APN: 2255-027-023