$567,500
SOLD AUG 18, 2017

5843 Balcom Ave Encino, CA 91316

2 Beds
1 Bath
1,003 Sq Ft
5,633 Sq Ft Lot

Recently Sold

$566 Per Sq Ft

1% Below List Price

10 Days on Market

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Gaspar De Portola Middle School Rated A-

About This Home

As of July 2020

Calling All Investors! Major Fixer or tear down! 5843 and 5851 Balcom Ave. to be sold together to one buyer, each individually listed at $575,000. Properties are tied through a covenant on title.

Last Agent to Sell the Property

Tamara Tambe

Pinnacle Estate Properties, Inc. License #01793556 Listed on: 07/28/2017

Pinnacle Estate Properties, Inc.

Co-Listed By

Darren Shack

Pinnacle Estate Properties, Inc. License #01930725

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Darren Shack

Pinnacle Estate Properties, Inc. License #01930725

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,815

Year Built

  • Built in 1949

Lot Details

  • 5,633 Sq Ft Lot
  • Irregular Lot
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • Parking Available

Interior Spaces

  • 1,003 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • 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

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2159024019
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1003.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 565.80
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

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: Irregular Lot
  • Lot Size Sq Ft: 5633.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • 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%
Current Estimated Value
$1,404,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,634
Avg. Annual Appreciation
5.99%
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
2025 $12,815 $1,066,192 $715,161 $351,031
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: SR17173637

California Regional Multiple Listing Service (CRMLS)

APN: 2159-024-019