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Sold for $995,000
  • Listed by: Coldwell Banker Realty • Stephen Pannesco • Contact: 818-788-5400
    Bought with: Redfin Corporation
    Tax assessed value
    $995,000

    5015 Balboa Blvd Unit 307, Encino, CA 91316

    3beds
    1,600sqft
    Condominium
    Built in 2016
    -- sqft lot
    $1,015,900 Zestimate®
    $622/sqft
    $4,814 Estimated rent

    Home value

    $1,015,900

    $935,000 - $1.11M

    $4,814/mo

    Zestimate® history
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    What's special

    Welcome to this Stunning 3rd floor rear unit located in the well know Balboa Villas in prime Encino. Located very close to Ventura blvd. and adjacent to Amestoy estates, the curb appeal of this building will sure to impress! Upon entry of the grand lobby you will get the feel of elegance, sophistication and one of finest buildings in the area. This unit offers 3br + 2ba , approx. 1600 sq, ft with side by side laundry inside and a seamless open floor plan, perfect for entertaining. Prepare your meals in your gourmet kitchen fitted with custom self closing cabinets, quartz counters, GE cafe appliances, Sonneto farm style sink and a center island which opens to your spacious living and dining rm. Retreat to your primary suite which boasts a large spa like bathroom with separate tub and frameless shower and dual sink vanity, and an over sized walk -in closet. The secondary bedrooms are spacious and separated from the primary. This special unit has over sized windows and sliders that open to huge balcony with tree top views. Amenities include: Concierge, earthquake insurance, community room, fitness center, library, outdoor courtyard with water feature, fireplace and barbeque. This luxurious building also has security cameras throughout common areas, 2 high speed elevators, 2 tandem gated parking spaces assigned for the unit with EV charger and plenty of guest parking. The overall vibe of this building will satisfy the most discerning buyer. A must see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Pannesco DRE #01281276 818-601-7932,

    Coldwell Banker Realty

    Bought with:

    Sean Seckar, DRE #01336429

    Redfin Corporation

    Source: CRMLS,MLS#: SR24146530MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bathroom
    • Features: Bathtub, Closet, Dual Sinks, Low Flow Plumbing Fixtures, Linen Closet, Quartz Counters, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Quartz Counters, Self-closing Drawers
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Exhaust Fan, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Range Hood, Water To Refrigerator, Water Heater
    • Laundry: Inside, Laundry Room
    Features
    • Balcony, Elevator, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, Wired for Data, Main Level Primary
    • Flooring: Carpet, Laminate
    • Doors: Sliding Doors
    • Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,600 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Guest, Community Structure
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Low Pile Carpet, Parking, Accessible Approach with Ramp, Accessible Hallway(s)
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front
    • Patio & porch: Concrete
    • Exterior features: Rain Gutters
    • Pool features: None
    • Fencing: Block,Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.78 Acres
    • Features: 36-40 Units/Acre, Drip Irrigation/Bubblers, Sprinklers In Rear, Sprinklers In Front, Sprinkler System
    Details
    • Parcel number: 2258016032
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Frame, Stucco, Steel, Copper Plumbing
    • Foundation: Slab
    • Roof: Composition,Flat
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Overhead Utilities
    Green energy
    • Energy efficient items: Appliances, Water Heater

    Community & HOA

    Community
    • Features: Curbs, Gated
    • Security: Prewired, Security System, Carbon Monoxide Detector(s), Fire Detection System, Gated Community, Key Card Entry, Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Fire Pit, Gas, Maintenance Grounds, Insurance, Meeting Room, Outdoor Cooking Area, Barbecue, Pet Restrictions, Pets Allowed, Recreation Room, Security, Storage, Trash
    • Services included: Earthquake Insurance
    • HOA fee: $771 monthly
    • HOA name: star
    • HOA phone: 818-587-9500
    Location
    • Region: Encino

    Financial & listing details

    • Price per square foot: $622/sqft
    • Tax assessed value: $995,000
    • Annual tax amount: $12,071
    • Date on market: 7/18/2024
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: washer/dryer, EV charger

    Price history

    DateEventPrice
    9/13/2024Sold$995,000$622/sqft
    Source: CRMLS #SR24146530 Report a problem
    8/13/2024Pending sale$995,000$622/sqft
    Source: CRMLS #SR24146530 Report a problem
    7/29/2024Contingent$995,000$622/sqft
    Source: CRMLS #SR24146530 Report a problem
    7/18/2024Listed for sale$995,000+18.6%$622/sqft
    Source: CRMLS #SR24146530 Report a problem
    3/2/2018Sold$839,000$524/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,071 +6.1%$995,000 +6.3%
    2024$11,379 +2%$935,916 +2%
    2023$11,155 +5%$917,566 +2%
    2022$10,628 +1.3%$899,576 +2%
    2021$10,493 -1%$881,938 +1%
    2020$10,599 $872,895 +2%
    2019$10,599 +83.7%$855,780 +83.4%
    2018$5,771 $466,578 +2%
    2017$5,771 $457,430
    Find assessor info on the county website

    Neighborhood: Encino

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,015,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,015,900