$985,000
SOLD DEC 7, 2018

5843 Balcom Ave Encino, CA 91316

4 Beds
3 Baths
2,400 Sq Ft
5,633 Sq Ft Lot

Recently Sold

$410 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • High Ceiling
  • Gaspar De Portola Middle School Rated A-
  • Open Floorplan
  • Quartz Countertops

About This Home

As of July 2020

Instant Equity - property appraised for $1,005,000. Exquisitely remodeled and expanded luxury Encino Home. This 2400 sqft home offers 4 bedrooms and 3 bathrooms. Open floor plan with formal living room and dining area great for entertaining. The great room will take your breath away with the high ceilings, open kitchen with island, and large sliders to the backyard. This kitchen has it all with new cabinetry, quartz counter tops, and stainless steel appliances. Extra large master suite with high ceilings, walk-in closet, master bathroom with dual vanity and oversize walk-in shower with dual shower heads. Large bedrooms share a full bathroom beautifully tiled - tub to ceiling. Wood deck off the family room offers a great space for outdoor dining overlooking the large grassy area. Upgrades include copper plumbing, new windows and door, recessed lighting, laminate wood flooring, quartz counter tops, stainless steel appliances, tankless water heater, fresh landscaping, new roof and much much more. Unique 2 car garage and large driveway. This home is a must see!

Last Agent to Sell the Property

Tamara Tambe

Pinnacle Estate Properties, Inc. License #01793556 Listed on: 10/12/2018

Pinnacle Estate Properties, Inc.

Co-Listed By

Darren Shack

Pinnacle Estate Properties, Inc. License #01930725

Last Buyer's Agent

Ariana Javaheri

Townsquare Real Estate Partners Inc. License #01795443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,815

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 5,633 Sq Ft Lot
  • Wood Fence
  • Front and Back Yard Sprinklers
  • On-Hand Building Permits
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Bungalow
  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Wood patio

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 301
  • Tax Tract Number 15727
  • Assessor Parcel Number 2159024019

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,815

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2159024019
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2400.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 410.42
  • Room Type: Master Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5633.00
  • Lot Size Acres: 0.1293

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5633.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1392.00
  • Tax Lot: 301
  • Tax Tract Number: 15727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 7, 2018
Sold by
Yg Investments Llc
Bought by
Lambert Candice and Mcandrews Thomas
Seller's Agent
Tamara Tambe
Pinnacle Estate Properties, Inc.
Buyer's Agent
Ariana Javaheri
Townsquare Real Estate Partners Inc.
List Price
$999,000
Sold Price
$985,000
Premium/Discount to List
-$14,000
-1.4%
Total Days on Market
20
Current Estimated Value
$1,417,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,625
Avg. Annual Appreciation
5.74%
Original Mortgage
$921,620
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 11, 2017
Sold by
Vanalstine Robert Lee and Estate Of Michael Matty
Bought by
Yg Investments Llc
Seller's Agent
Tamara Tambe
Pinnacle Estate Properties, Inc.
Buyer's Agent
Darren Shack
Pinnacle Estate Properties, Inc.
List Price
$575,000
Sold Price
$567,500
Premium/Discount to List
-$7,500
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.83%
Original Mortgage
$700,000
Interest Rate
3.9%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $985,000 Usa National Title Company
Grant Deed $1,135,000 Usa National Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $595,000 New Conventional
Open $921,751 VA
Closed $921,620 VA
Previous Owner $700,000 Unknown
Previous Owner $840,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $985,000 0.0% $410 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $985,000 0.0% $410 / Sq Ft
12/07/2018 12/07/18 Sold $985,000 -1.4% $410 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $999,000 +76.0% $416 / Sq Ft
08/18/2017 08/18/17 Sold $567,500 -1.3% $566 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $575,000 -- $573 / 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
2024 $12,815 $1,045,288 $701,139 $344,149
2023 $12,566 $1,024,793 $687,392 $337,401
2022 $11,981 $1,004,700 $673,914 $330,786
2021 $11,829 $985,000 $660,700 $324,300
2019 $11,828 $985,000 $600,000 $385,000
2018 $6,986 $567,500 $454,000 $113,500
2016 $2,141 $171,554 $68,616 $102,938
2015 $2,110 $168,978 $67,586 $101,392
2014 $2,124 $165,669 $66,263 $99,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18249139

California Regional Multiple Listing Service (CRMLS)

APN: 2159-024-019