NOT LISTED FOR SALE

5945 Balcom Ave Encino, CA 91316

Estimated Value: $1,221,000 - $1,335,000

3 Beds
2.5 Baths
2,036 Sq Ft
$634/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $769,000 $378 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,139/month

11 Days on Market

Highlights

  • Detached Guest House
  • Primary Bedroom Suite
  • Open Floorplan
  • Gaspar De Portola Middle School Rated A-
  • Updated Kitchen
  • Maid or Guest Quarters

About This Home

As of November 2017

This enchanting home, located in a wonderful and highly sought after neighborhood in Encino, was completely remodeled in 2013. The property contains 3 bedrooms and 2 bathrooms with a detached guest house, which also has its own half bath, with plenty of space for a full bath. You will fall in love with the open concept floor plan as soon as you walk in. The high ceilings plus skylight in the hallway bathroom take inspiration from Architectural Digest. This home has hardwood floors throughout, as well as a great room kitchen, dining, and living room combo. The large master bedroom has its own exquisite ensuite bathroom with a walk in closet and custom organizers. Furthermore, to add to its grandeur, the master bedroom also boasts high vaulted ceilings and lovely french doors that lead to the backyard. This property's space has been efficiently utilized, as the finished attached garage has wonderful french doors and it can be used as a game room, office, family room, or whatever fits you and your family. In addition, the detached guest house located in the backyard, can be used an office, studio, or media room. It is close to the Sepulveda Basin and Balboa Lake, great for all your recreational needs. In addition it is also near major freeways, shopping centers on Ventura Blvd and Trader Joe's. This spacious residence is great for a growing family, entertaining, or anyone looking for a finely remodeled place to call home.

Last Agent to Sell the Property

Pascual Salazar

Broker In Trust Real Estate - Pascual Salazar License #01925392 Listed on: 09/29/2017

Last Buyer's Agent

Pascual Salazar

Broker In Trust Real Estate - Pascual Salazar License #01925392 Listed on: 09/29/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,659

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 5,496 Sq Ft Lot
  • Private Yard
  • Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Additions or Alterations

Interior Spaces

  • 2,036 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Casement Windows
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Game Room
  • Home Gym
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Country Kitchen
  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Open Patio
  • Exterior Lighting

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 324
  • Tax Tract Number 15727
  • Assessor Parcel Number 2159025022

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,659

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2159025022
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2036.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room, Country Kitchen
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 377.70
  • Room Type: Bonus Room, Exercise Room, Family Room, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Window Features: Casement Windows, Double Pane Windows, Skylight(s)
  • Bathroom Features: Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached
  • Exterior Features: Lighting
  • View: Neighborhood
  • Patio And Porch Features: Patio Open
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • 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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 5496.00

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: 324
  • Tax Tract Number: 15727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Oct 12, 2017
Sold by
Salazar Pascual
Bought by
Seror Jacob and Seror Alexandria
Seller's Agent
Pascual Salazar
Broker In Trust Real Estate - Pascual Salazar
Buyer's Agent
Pascual Salazar
Broker In Trust Real Estate - Pascual Salazar
List Price
$769,000
Sold Price
$769,000
Total Days on Market
11
Current Estimated Value
$1,291,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,787
Avg. Annual Appreciation
6.89%
Original Mortgage
$615,200
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Salazar Pascual
Bought by
Salazar Pascual and Salazar Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2006
Sold by
Wanamaker Kip
Bought by
Salazar Pascual

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2005
Sold by
Wanamaker Vernon W
Bought by
Wanamaker Kip and The Vernon W Wanamaker & Alice M Wanamak
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
Seror Jacob $769,000 Fidelity Sherman Oaks
Salazar Pascual -- Accommodation
Salazar Pascual $540,000 Gateway Title
Salazar Pascual -- Gateway Title
Wanamaker Kip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seror Jacob $602,505
Closed Seror Jacob $615,200
Previous Owner Salazar Pascual $37,000
Previous Owner Salazar Pascual $78,000
Previous Owner Salazar Pascual $486,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $769,000 0.0% $378 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $769,000 -- $378 / 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 $10,659 $857,828 $658,711 $199,117
2023 $10,455 $841,009 $645,796 $195,213
2022 $9,972 $824,520 $633,134 $191,386
2021 $9,846 $808,354 $620,720 $187,634
2019 $9,553 $784,380 $602,310 $182,070
2018 $9,453 $769,000 $590,500 $178,500
2017 $0 $762,000 $481,500 $280,500
2016 $8,099 $661,000 $417,700 $243,300
2015 $6,740 $470,000 $348,100 $121,900
2014 $4,791 $378,000 $280,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17221940

California Regional Multiple Listing Service (CRMLS)

APN: 2159-025-022