$605,000
SOLD SEP 29, 2017

5922 Balcom Ave Encino, CA 91316

3 Beds
2 Baths
1,484 Sq Ft
5,499 Sq Ft Lot

Recently Sold

$408 Per Sq Ft

5% Below List Price

18 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1 Car Garage
  • Gaspar De Portola Middle School Rated A-
  • Laundry Room
  • No Heating

About This Home

As of June 2018

Great Encino Park home. Excellent opportunity for investors to build your dream house in Encino Park. Perfect fixer for developers to expand. 3 bedroom, 2 bath, 1,484 sqft of living space on a 5,498 square feet lot. This home won't last. Submit all offers. Motivated sellers.
Location is close to shops, schools, 101 and 405 freeway, Churches and synagogues.

Last Agent to Sell the Property

Gitta Van Bennekom

Equity Union License #00960886 Listed on: 08/25/2017

Equity Union

Last Buyer's Agent

ed morrad

Pinnacle Estate Properties, Inc. License #01235665

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,728

Year Built

  • Built in 1949

Lot Details

  • 5,499 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 329
  • Tax Tract Number 15727
  • Assessor Parcel Number 2159028010

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,728

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 818-281-0450
  • Other Phone Number: 818-281-0450
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2159028010
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1484.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 407.68
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Oven
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5499.00

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: 329
  • Tax Tract Number: 15727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2019
Sold by
Kagan Yael and Sabag Asher
Bought by
Kagan Yael and Sabag Asher
Current Estimated Value
$1,507,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2018
Sold by
Jellico Avenue Llc
Bought by
Kagan Yael and Sabag Asher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2017
Closed on
Sep 14, 2017
Sold by
Hitchcock Ralph I
Bought by
Jellico Ave Llc
Seller's Agent
Gitta Van Bennekom
Equity Union
Buyer's Agent
ed morrad
Pinnacle Estate Properties, Inc.
List Price
$639,000
Sold Price
$605,000
Premium/Discount to List
-$34,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$0
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2011
Sold by
Hitchcock Virginia M
Bought by
Hitchcock Ralph I and Hitchcock Roy I
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
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Grant Deed $999,000 Lawyers Title Company
Grant Deed $605,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Closed $599,500 New Conventional
Previous Owner $599,400 New Conventional
Previous Owner $0 Unknown
Previous Owner $484,000 Commercial
Previous Owner $0 Unknown
Previous Owner $300,000 Unknown
Previous Owner $0 Unknown
Previous Owner $220,000 Unknown
Previous Owner $0 Unknown
Previous Owner $0 Unknown
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $1,000,000 0.0% $435 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $1,000,000 +65.3% $435 / Sq Ft
09/29/2017 09/29/17 Sold $605,000 -5.3% $408 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $639,000 -- $431 / 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 $13,728 $1,136,686 $455,130 $681,556
2024 $13,728 $1,114,399 $446,206 $668,193
2023 $13,463 $1,092,549 $437,457 $655,092
2022 $12,836 $1,071,128 $428,880 $642,248
2021 $12,676 $1,050,126 $420,471 $629,655
2019 $12,296 $1,018,980 $408,000 $610,980
2018 $7,459 $605,000 $484,000 $121,000
2016 $990 $73,480 $38,085 $35,395
2015 $977 $72,377 $37,513 $34,864
2014 $988 $70,961 $36,779 $34,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17197728

California Regional Multiple Listing Service (CRMLS)

APN: 2159-028-010