NOT LISTED FOR SALE

5932 Balcom Ave Encino, CA 91316

Estimated Value: $1,140,989 - $1,258,000

3 Beds
2 Baths
1,469 Sq Ft
$827/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $735,000 $500 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,656/month

5 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Neighborhood Views
  • Gaspar De Portola Middle School Rated A-
  • No HOA
  • 1 Car Attached Garage

About This Home

As of November 2017

Here's a neatly designed Encino Park home offering a blend of original details with modern flare. Not only has this home been updated, well kept, and expanded, it also exudes that warm family energy. With 1,469 sft of living space , three bedrooms, and two bathrooms, this property is great for a growing family. Some key details, include original hardwood floors, granite counter tops in both the kitchen and bathrooms, and an open living space between the living and dinning areas. Furthermore, the tastefully designed drought tolerant front and backyards are full of greenery, very spacious, and great for gatherings, celebrations, or everyday relaxation. There is also a tall wood fence and two large beautiful trees that compliment this homes warmth and tranquility. It is in close proximity to major freeways, shopping, and a Trader Joes for your convenience. You do not want to miss out on this great opportunity to own in Encino Park!

Last Agent to Sell the Property

Pascual Salazar

Broker In Trust Real Estate - Pascual Salazar License #01925392 Listed on: 10/13/2017

Last Buyer's Agent

Suren Shadekamyan

Magical Empire Realty License #01278370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,062

Year Built

  • Built in 1949

Lot Details

  • 5,499 Sq Ft Lot
  • Private Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,469 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Wood Flooring
  • Neighborhood Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 327
  • Tax Tract Number 15727
  • Assessor Parcel Number 2159028008

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,062

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2159028008
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1469.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 500.34
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • 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: 327
  • Tax Tract Number: 15727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2017
Closed on
Oct 19, 2017
Sold by
Seror Jacob
Bought by
Sarkissian Gevik and Kourkchian Jacklyn
Seller's Agent
Pascual Salazar
Broker In Trust Real Estate - Pascual Salazar
Buyer's Agent
Suren Shadekamyan
Magical Empire Realty
List Price
$715,000
Sold Price
$735,000
Premium/Discount to List
$20,000
2.8%
Total Days on Market
5
Current Estimated Value
$1,214,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,497
Avg. Annual Appreciation
6.42%
Original Mortgage
$485,000
Outstanding Balance
$411,210
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$764,498

Purchase Details

Listed on
Mar 1, 2013
Closed on
Apr 23, 2013
Sold by
Cayen Alise S
Bought by
Seror Jacob
Seller's Agent
Michael Klavir
White House Properties
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$448,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2004
Sold by
Kahn Anamaria
Bought by
Cayen Alise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Cox Patricia
Bought by
Kahn Mitchell A and Kahn Anamaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2002
Sold by
Cox Kenneth Richard
Bought by
Cox Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.75%
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 Buyer Sale Price Title Company
Sarkissian Gevik $735,000 Fidelity Sherman Oaks
Seror Jacob $560,000 Fidelity Van Nuys
Cayen Alise S $485,000 Lawyers Title
Kahn Anamaria -- Lawyers Title
Kahn Mitchell A $368,000 Southland Title
Cox Patricia -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarkissian Gevik $485,000
Previous Owner Seror Jacob $448,000
Previous Owner Cayen Alise S $426,921
Previous Owner Cayen Alise S $403,500
Previous Owner Cayen Alise S $100,000
Previous Owner Cayen Alise S $362,000
Previous Owner Cayen Alise S $330,000
Previous Owner Kahn Mitchell A $368,000
Previous Owner Kahn Mitchell A $312,800
Previous Owner Cox Patricia $247,000
Previous Owner Cox Kenneth R $70,000
Previous Owner Cox Kenneth R $162,000
Previous Owner Cox Kenneth R $148,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $735,000 +2.8% $500 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $715,000 +27.7% $487 / Sq Ft
05/24/2013 05/24/13 Sold $560,000 0.0% $381 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $560,000 -- $381 / 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 $10,062 $819,902 $655,923 $163,979
2023 $9,867 $803,826 $643,062 $160,764
2022 $9,407 $788,065 $630,453 $157,612
2021 $9,290 $772,614 $618,092 $154,522
2019 $9,028 $749,700 $599,760 $149,940
2018 $9,013 $735,000 $588,000 $147,000
2017 $7,307 $594,177 $417,517 $176,660
2016 $7,140 $582,528 $409,331 $173,197
2015 $7,036 $573,779 $403,183 $170,596
2014 $7,063 $562,541 $395,286 $167,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17233499

California Regional Multiple Listing Service (CRMLS)

APN: 2159-028-008