NOT LISTED FOR SALE

5740 Ostrom Ave Encino, CA 91316

Estimated Value: $1,458,000 - $1,678,000

4 Beds
3 Baths
1,680 Sq Ft
$963/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $1,625,000 $967 Per Sq Ft

Current estimated payment $10,325/month

16 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Home Office
  • Solar Power System
  • No HOA
  • 2 Car Detached Garage

About This Home

As of October 2022

Completely rebuilt and redesigned, no detail was spared in the reimagining of this 4 bedroom, 3 bathroom dream home. Located on a charming tree-lined street in prime Encino Village is the rare opportunity to own a custom-built home by an architectural designer with all the comforts of a new build. This home boasts a sun-lit living room, wood beam ceilings, and European white oak floors throughout. The Chef's kitchen features a cast iron farmhouse sink, handmade Zellige tiled backsplash, stylish countertops, and high-end stainless steel appliances. The trifold doors lead to the oversized yard, with custom Landscape design by Wildflora Design Studio and a newly refinished pool with all new equipment and heating. The master suite boasts a spacious walk-in closet, elegant spa-like bathroom and French doors to the backyard and pool. The detached garage offers more expansion possibilities for a home office, gym, or ADU. This exceptional home is in the Award-winning Encino Elementary school district and walking distance from the cross-Valley bike path, the Balboa Sports Center, and Balboa Golf Course. Only minutes away are the popular shops and restaurants of Ventura Boulevard, and easy access to both the 101 and 405 Freeways offer quick routes to the Westside, Hollywood, and beyond.

Last Agent to Sell the Property

Heather Boyd

Carolwood Estates License #01836830 Listed on: 09/12/2022

Carolwood Estates

Last Buyer's Agent

Steve Shanks

Berkshire Hathaway HomeServices California Propert License #01029330

Berkshire Hathaway HomeServices California Propert

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 5,999 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Property is zoned LAR1

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Gunite Pool

Additional Features

  • Solar Power System
  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2255-018-015

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

5,999 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 1680
  • Lot Acreage: 0.1377
  • Lot Dimensions: 60x100
  • Stories: 1
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Electric
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Freezer, Dryer, Dishwasher, Washer, Refrigerator, Solar Panels, Range/Oven
  • Price Per S Q F T: 951.79

Exterior Features

  • Other Structures: None
  • Pool Description: Gunite, Heated
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2255-018-015
  • Lot Size Area: 5999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 12, 2022
Sold by
Thompson Grant and Brandenstein August J
Bought by
Lawrence Family Trust and Lawrence
Seller's Agent
Heather Boyd
Carolwood Estates
Buyer's Agent
Steve Shanks
Berkshire Hathaway HomeServices California Propert
List Price
$1,599,000
Sold Price
$1,625,000
Premium/Discount to List
$26,000
1.63%
Views
12
Current Estimated Value
$1,617,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,767
Avg. Annual Appreciation
-0.14%

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 12, 2022
Sold by
Thompson Samantha Bede
Bought by
Thompson Grant
Seller's Agent
SABREE HASSAN
Radius Agent
Buyer's Agent
Heather Boyd
Carolwood Estates
List Price
$1,199,900
Sold Price
$1,050,000
Premium/Discount to List
-$149,900
-12.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.51%
Original Mortgage
$735,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 6, 2022
Sold by
Wealth Family Trust and Moses Paulette
Bought by
Thompson Grant and Brandenstein August J
Seller's Agent
SABREE HASSAN
Radius Agent
Buyer's Agent
Heather Boyd
Carolwood Estates
List Price
$1,199,900
Sold Price
$1,050,000
Premium/Discount to List
-$149,900
-12.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2022
Sold by
Grant Roderick and Grant Alice
Bought by
Wealth Family Trust and Moses

Purchase Details

Closed on
Apr 18, 2008
Sold by
Moss Paulette
Bought by
The Wealth Family Trust

Purchase Details

Closed on
Dec 22, 2006
Sold by
Grant Roderick
Bought by
Moses Paulette

Purchase Details

Closed on
Aug 29, 2006
Sold by
Rivera Celia S
Bought by
Grant Rod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Rivera Antonio
Bought by
Rivera Celia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Smith Zenaida
Bought by
Rivera Celia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2003
Sold by
Smith Zenaida
Bought by
Smith Zenaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2001
Sold by
Ebreo Meynard H
Bought by
Guynes Zenaida G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.06%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 7, 2000
Sold by
Uy Merlina M
Bought by
Ebreo Meynard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
7.98%

Purchase Details

Closed on
Aug 11, 2000
Sold by
Borromeo Inocencia
Bought by
Ebreo Meynard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
7.98%

Purchase Details

Closed on
Nov 6, 1998
Sold by
Ge Capital Mtg Services Inc
Bought by
Borromeo Inocencia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.82%

Purchase Details

Closed on
Sep 9, 1998
Sold by
Bankers Trust Company Of California Na
Bought by
Ge Capital Mtg Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.82%

Purchase Details

Closed on
Apr 16, 1998
Sold by
Kennan Wayne A
Bought by
The Silver Remic Trust I
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Lawrence Family Trust $1,625,000 California Best Title
Thompson Grant -- Ticor Title
Brandenstein August J -- Ticor Title
Thompson Grant $1,050,000 Ticor Title
Wealth Family Trust -- Ticor Title
The Wealth Family Trust -- None Available
Moses Paulette -- None Available
Grant Rod $725,000 Alliance Title
Rivera Celia S -- Ticor Title Company
Rivera Celia S $529,000 Ticor Title Company
Smith Zenaida -- Ticor Title Co
Smith Zenaida -- Ticor Title Co
Guynes Zenaida G $325,000 American Title Co
Ebreo Meynard H -- American Title Co
Ebreo Meynard H $305,000 American Title Co
Borromeo Inocencia $240,000 Stewart Title
Ge Capital Mtg Services Inc -- Stewart Title
The Silver Remic Trust I $264,925 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brandenstein August J $735,000
Previous Owner Thompson Grant $735,000
Previous Owner Grant Rod $580,000
Previous Owner Rivera Celia S $423,200
Previous Owner Smith Zenaida $406,000
Previous Owner Guynes Zenaida G $260,000
Previous Owner Ebreo Meynard H $289,750
Previous Owner Borromeo Inocencia $227,000
Closed Guynes Zenaida G $65,000
Closed Rivera Celia S $105,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2022 10/19/22 Sold $1,625,000 +1.6% $967 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $1,599,000 +52.3% $952 / Sq Ft
04/21/2022 04/21/22 Sold $1,050,000 -12.5% $715 / Sq Ft View Prior Sale
03/16/2022 03/16/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $1,199,900 0.0% $817 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $1,199,900 -- $817 / Sq Ft
Source: The MLS

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 $20,196 $1,690,650 $1,014,390 $676,260
2024 $20,196 $1,657,500 $994,500 $663,000
2023 $19,801 $1,625,000 $975,000 $650,000
2022 $10,789 $899,529 $656,501 $243,028
2021 $10,658 $881,892 $643,629 $238,263
2019 $9,767 $807,000 $588,000 $219,000
2018 $9,561 $780,000 $568,700 $211,300
2016 $8,490 $695,000 $506,700 $188,300
2015 $7,597 $620,000 $452,000 $168,000
2014 $7,773 $620,000 $452,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-198247

The MLS

APN: 2255-018-015

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