5825 Balcom Ave Encino, CA 91316
2
Beds
1
Bath
781
Sq Ft
5,501
Sq Ft Lot
Highlights
- No HOA
- 1 Car Attached Garage
- Central Air
- Gaspar De Portola Middle School Rated A-
- Laundry Room
- Wall Furnace
About This Home
As of August 2024Investment opportunity in the amazing Encino Village neighborhood! This 2bed/1bath home is located on a large lot with plenty of room to develop, fix and flip for a profit, purchase and hold in your rental portfolio, or remodel and move-in! The property needs remodeling and repairs, including damage due to past tenant smoking cigarettes in the home. The house is ready to remodel and create equity in a great area of Encino! Call your Realtor to schedule a tour and make an offer today!
Last Agent to Sell the Property
eXp Realty of California Inc Brokerage Phone: 562-714-2176 License #01923684 Listed on: 07/23/2024
Co-Listed By
eXp Realty of California Inc Brokerage Phone: 562-714-2176 License #01385336
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,738
Year Built
- Built in 1949
Lot Details
- 5,501 Sq Ft Lot
- Back Yard
- Property is zoned LAR1
Parking
- 1 Car Attached Garage
- Parking Available
- Single Garage Door
Interior Spaces
- 781 Sq Ft Home
- 1-Story Property
- Laundry Room
Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Air
- Wall Furnace
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 298
- Tax Tract Number 15727
- Assessor Parcel Number 2159024016
- $230 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2024
Closed on
Aug 5, 2024
Sold by
2018-3 Ih Borrower Lp
Bought by
Geno Liron Ben
Seller's Agent
Jessica Nieto
eXp Realty of California Inc
Buyer's Agent
Esti Klaiman Ron & Esti Fine Home
Keller Williams Luxury
List Price
$795,000
Sold Price
$850,000
Premium/Discount to List
$55,000
6.92%
Total Days on Market
8
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,539
Avg. Annual Appreciation
1.57%
Original Mortgage
$680,000
Outstanding Balance
$675,351
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$184,909
Purchase Details
Closed on
Jun 28, 2018
Sold by
Thr Californta Lp
Bought by
2018 3 Ih Borrower Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,038,300
Interest Rate
4.5%
Mortgage Type
Loan Amount Between One & Nine Billion
Purchase Details
Closed on
Nov 3, 2017
Sold by
2017-2 Ih Borrower Lp
Bought by
Thr California Lp
Purchase Details
Closed on
Nov 1, 2012
Sold by
Esfahani Ahmad
Bought by
Thr California Lp
Purchase Details
Closed on
Apr 9, 2003
Sold by
Esfahani Ahmad
Bought by
Esfahani Ahmad and Pousti Mohammad Saied Mahmoudi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2003
Sold by
Halimi Hamid
Bought by
Esfahani Ahmad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2002
Sold by
Halimi Hamid
Bought by
Halimi Hamid and Halimi Maryam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.89%
Purchase Details
Closed on
Apr 6, 1999
Sold by
Southpac Trust International Inc
Bought by
Halimi Hamid
Purchase Details
Closed on
Sep 30, 1997
Sold by
The Halimax Ltd Partnership
Bought by
Southpac Trust International Inc and The Halimax Trust
Purchase Details
Closed on
Mar 21, 1995
Sold by
Halimi Hamid
Bought by
The Halimax Ltd Partnership
Purchase Details
Closed on
Sep 8, 1994
Sold by
Kohn Kenneth V
Bought by
Kohn Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
8.58%
Purchase Details
Closed on
Aug 25, 1994
Sold by
Kohn Kathleen
Bought by
Halimi Hamid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
8.58%
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | Fidelity National Title | |
| Grant Deed | -- | Os National Llc | |
| Grant Deed | -- | None Available | |
| Trustee Deed | $306,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Ctc | |
| Individual Deed | $296,000 | Ctc | |
| Interfamily Deed Transfer | -- | Southland Title Company | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Continental Lawyers Title Co | |
| Grant Deed | $116,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | New Conventional | |
| Previous Owner | $130,038,300 | Loan Amount Between One & Nine Billion | |
| Previous Owner | $719,935,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $236,800 | New Conventional | |
| Previous Owner | $170,000 | No Value Available | |
| Previous Owner | $81,200 | No Value Available | |
| Closed | $29,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $850,000 | +6.9% | $1,088 / Sq Ft |
| 07/31/2024 07/31/24 | Pending | -- | -- | -- |
| 07/23/2024 07/23/24 | For Sale | $795,000 | -- | $1,018 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,738 | $625,802 | $375,482 | $250,320 |
| 2023 | $7,589 | $613,532 | $368,120 | $245,412 |
| 2022 | $7,236 | $601,502 | $360,902 | $240,600 |
| 2021 | $7,137 | $588,659 | $457,262 | $131,397 |
| 2020 | $7,209 | $582,624 | $452,574 | $130,050 |
| 2019 | $4,184 | $337,791 | $275,975 | $61,816 |
| 2018 | $4,144 | $331,168 | $270,564 | $60,604 |
| 2017 | $4,053 | $324,675 | $265,259 | $59,416 |
| 2016 | $6,399 | $522,853 | $406,100 | $116,753 |
| 2015 | $6,306 | $313,529 | $256,152 | $57,377 |
| 2014 | $3,925 | $307,389 | $251,135 | $56,254 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Nieto
Seller's Agent in 2024
Jessica Nieto
eXp Realty of California Inc
(562) 714-2176
2 in this area
740 Total Sales
-
Brian Brooke
Seller Co-Listing Agent in 2024
Brian Brooke
eXp Realty of California Inc
(619) 992-7299
2 in this area
562 Total Sales
-
Esti Klaiman Ron & Esti Fine Home
E
Buyer's Agent in 2024
Esti Klaiman Ron & Esti Fine Home
Keller Williams Luxury
(818) 400-9949
2 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24148496
APN: 2159-024-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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