NOT LISTED FOR SALE

5229 Balboa Blvd Unit 7 Encino, CA 91316

Encino Neighborhood

Estimated Value: $639,000 - $793,000

3 Beds
2.5 Baths
1,722 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $460,000 $267 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,931/month

56 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Wood Flooring
  • Gaspar De Portola Middle School Rated A-
  • 91,078 Sq Ft lot
  • Sauna

About This Home

As of October 2016

OWNER IS EXTREMELY MOTIVATED! SEND ALL OFFERS! Welcome to this very spacious tri-level townhome located in the coveted Encino Charter elementary school district! This 1722 square foot, 3 bedrooms, 2 ½ bath townhouse features an open concept floor plan with natural sunlight filling the living room, dining room and kitchen during the day and recessed lighting at night. Three bedrooms upstairs with two bedrooms sharing a full bathroom and the master with its own en-suite. Large two car garage with plenty of storage space and laundry room on the lower level. Very reasonable HOA dues. Centrally located near the 101 and 405 on a beautiful tree lined street. Minutes to Balboa Park, Genesta Park, Los Encinos State Historic Park, Ventura Blvd and Encino Commons. Beautiful Park-like grounds with lush landscaping and floral arrangements also offer a pool, hot tub, multi-purpose room and bar-b-q area. This combination of a large, comfortable unit with warm and beautiful surroundings will make you feel right at home!

Last Listed By

Jack Gelnak

Premier Capital Mortgage and Realty Inc License #01834663 Listed on: 07/09/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,513

Year Built

  • Built in 1965

Lot Details

  • 2.09 Acre Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers

HOA Fees

  • $324 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Auto Driveway Gate
  • Shared Driveway

Home Design

  • Copper Plumbing

Interior Spaces

  • 1,722 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Recessed Lighting
  • Bay Window
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Closed Circuit Camera

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Fence Around Pool

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 25105
  • Assessor Parcel Number 2258026036

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Billiard Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,513

Year Built

Built in 1965

Lot Details

0

HOA Fees

$324 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community, Closed Circuit Camera(s)
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2258026036
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1722.00
  • Interior Amenities: Corian Counters, Copper Plumbing Full, High Ceilings, Recessed Lighting, Unfurnished
  • Stories: 4
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 267.13
  • Room Type: All Bedrooms Up
  • Spa Features: Association, In Ground
  • Window Features: Bay Window(s)

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Patio And Porch Features: Patio Open, Patio, Slab
  • Pool Features: Association, Community, Fenced, Gas Heat, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Asphalt, Direct Garage Access, Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Common Area, In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Billiard Room, Controlled Access, Dues Paid Monthly, Outdoor Cooking Area, Pets Permitted, Pool, Recreation Room, Security, Sewer, Sauna, Spa/Hot Tub, Trash
  • Association Fee: 324.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 91078.00
  • Price Per Lot Square Foot: 5.38

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 25105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2016
Closed on
Sep 15, 2016
Sold by
Gelnak Alexander
Bought by
Beheshti Bahareh and Hamdan Nima
Seller's Agent
Jack Gelnak
Premier Capital Mortgage and Realty Inc
Buyer's Agent
Sogol Azharian
Berkshire Hathaway HomeService
List Price
$524,995
Sold Price
$460,000
Premium/Discount to List
-$64,995
-12.38%
Total Days on Market
56
Current Estimated Value
$729,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,596
Avg. Annual Appreciation
5.92%
Original Mortgage
$437,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Gelnak Alexander
Bought by
Gelnak Alexander and Gelnak Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Gelnak Alexander
Bought by
Gelnak Alexander and Gelnak Galina

Purchase Details

Closed on
Aug 15, 2001
Sold by
Sarlak Mahmood R
Bought by
Gelnak Alexander and Gelnak Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.91%

Purchase Details

Closed on
Feb 27, 1998
Sold by
Sarlak Mahmood R
Bought by
Sarlak Mahmood R and Sarlak Shahnaz T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.99%

Purchase Details

Closed on
Oct 12, 1993
Sold by
Gross Harold
Bought by
Sarlak Mahmood R and Mehr Shahnaz T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.94%

Range of Values:

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Average Value
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List Price
Sold Price
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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
Beheshti Bahareh $460,000 North American Title Co
Gelnak Alexander -- Accommodation
Gelnak Alexander -- Calcounties Title Nation
Gelnak Alexander -- --
Gelnak Alexander $225,000 First American Title Co
Sarlak Mahmood R -- Gateway Title Company
Sarlak Mahmood R $155,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamdan Nima $414,000
Closed Beheswex Bahareb $416,000
Closed Beheshti Bahareh $437,000
Previous Owner Gelnak Alexander $285,000
Previous Owner Gelnak Alexander $176,970
Previous Owner Gelnak Alexander $44,000
Previous Owner Gelnak Alexander $180,000
Previous Owner Sarlak Mahmood R $145,600
Previous Owner Sarlak Mahmood R $147,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $460,000 -12.4% $267 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
07/09/2016 07/09/16 For Sale $524,995 -- $305 / 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 $6,513 $523,397 $332,585 $190,812
2023 $6,388 $513,135 $326,064 $187,071
2022 $6,091 $503,074 $319,671 $183,403
2021 $6,011 $493,210 $313,403 $179,807
2019 $5,831 $478,583 $304,108 $174,475
2018 $5,786 $469,200 $298,146 $171,054
2016 $3,491 $280,773 $156,609 $124,164
2015 $3,441 $276,556 $154,257 $122,299
2014 $3,458 $271,140 $151,236 $119,904
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16135154

California Regional Multiple Listing Service (CRMLS)

APN: 2258-026-036