4701 Balboa Ave Encino, CA 91316

$8,995,000 Sold Price as of 06/28/2019

7 Beds
7 Baths
8,796 Sq.Ft.

Off Market

$8,995,000 Sold Price as of 06/28/2019 Refinance Your Mortgage

Map preview of 4701 Balboa Ave, Encino, CA 91316

Property Overview: 4701 Balboa Ave Encino, CA has 7 bedrooms, 7 bathrooms, 8,796 living square feet and 41,432 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4701 Balboa Ave is currently an off market home in the city of Encino. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Encino has a median list price of $2,350,000. The median price per/sqft for Encino is $763. With those numbers in mind, if you are looking to purchase a median priced home in Encino, CA and put 20% down you will need to save up $470,000 for the down payment and will need roughly $47,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Encino the commission could be as much as $80,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4701 Balboa Ave

Last sold for $8,995,000 on June 28th, 2019

January, 2021
Jan 20, 2021

Date

Active

CRMLS: 21682608

$15,000,000

Price
Listing provided courtesy of CRMLS

The property is currently under major construction and will return to the Market within 30-60 days. Please contact LA1 for more information.

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January, 2021
Jan 20, 2021

Date

Expired

CRMLS: 19534436

$16,000,000

Price
Dec 6, 2019

Date

Active

CRMLS: 19534436

$16,000,000

Price
Listing provided courtesy of CRMLS

Masterpiece in Celebrity Enclave, double gated private 1-Acre Lot, 7-BR/7BA, breathtaking living areas, elegant rustic chandeliers, formal living/dining, 2-story great room with soaring stone fireplace, exposed wood beams with chic stone and high-end fixtures, chef-quality kitchen, high-end appliances, beautiful counter tops, built-ins, walk-in pantry, casual dining area, large island, opulent Master suite with double-sided fireplace, separate sitting area, gorgeous closet, separate additional closet, large balcony with views to massive backyard amenities, spectacular en suite is your daily sanctuary, library/office/study with built-in cabinetry, theater, mud room, gorgeous detached guest house, landscaped grounds, vineyard, vegetable garden, or plenty of room to add a sports court, patio with retractable screens, outdoor kitchen and fireplace, resort-style pool, all complete this sophisticated residence. Welcome to your elevated lifestyle. Unfurnished price available upon request.

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July, 2019
Jul 1, 2019

Date

Sold

CRMLS: 19452912

$8,995,000

Price
Jun 20, 2019

Date

Pending

CRMLS: 19452912

$8,995,000

Price
May 30, 2019

Date

Active Under Contract

CRMLS: 19452912

$8,995,000

Price
Apr 8, 2019

Date

Active

CRMLS: 19452912

$8,995,000

Price
Listing provided courtesy of CRMLS

Red Door Homes, a luxury design/build firm introduces "The Homestead", an acre parcel with a residence, complete one bedroom guest house, and private grounds designed to give homage to the lifestyle of a Napa Valley vintner. A long, gated drive reveals the main house where stone, steel, white oak paneling, European oak floors, and aged wood beams are amongst the fine finishes transforming this new construction into a bespoke custom home, juxtaposing organic beauty and refined finishes for the most discerning. The main floor offers a formal living room, formal dining room, great room with soaring high ceilings and a dramatic chandelier, center island kitchen and adjacent den, mudroom, library, huge home theatre and two en-suite bedrooms. Upstairs find four additional bedrooms including the master retreat and sitting room. Beautiful grounds include a large pool and infinity spa, outdoor kitchen, stone fireplace lounge, vineyard, raised planter vegetable gardens, and two, two car garages.

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June, 2019
Jun 28, 2019

Date

Sold (Public Records)

Public Records

$8,995,000

Price
December, 2015
Dec 4, 2015

Date

Sold (Public Records)

Public Records

$1,750,000

Price

Tax History for 4701 Balboa Ave

Assessed Value (2020): $9,174,900

Year	Land Value	Improved Value	Assessed Value
2020	$5,508,000	$3,666,900	$9,174,900

About 4701 Balboa Ave

Detailed summary of property

4701 Balboa Ave is a single family home in Encino, CA 91316 and last sold on June 28, 2019 for $8,995,000. This house has 7 bedrooms, 7 bathrooms, roughly 8,796 living square feet, and sits on an approximately 41,432 square foot lot. Homes in Encino are selling for a median price of $1,610,000 and a median price per square foot of $713. Based on Ardent Real Estate Group's Encino Market Data, this home is sold 458.7% higher than the current median priced home. 4701 Balboa Ave was last sold on June 28, 2019 for $8,995,000. Local nearby listings include 2754 Roscomare Rd, 2253 Canyonback Rd and 2236 The Terrace. The average home in Encino, CA is selling in 74 days. There are currently 212 homes for sale in the Encino real estate market and 153 of them are single family homes while 45 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 4701 Balboa Ave Encino, CA 91316 contact Ardent Real Estate Group and we will put you in touch with one of our Encino agents.

Public Facts for 4701 Balboa Ave

Public county record property details

Beds: 7
Baths: 7
Year built: --
Sq. Ft.: 8,796
Lot Size: 41,432
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 2289-013-015

The source for these homes facts are from public records.

91316 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,099,000

Median List Price/Sq.Ft.

$591

Median Sold Price

$1,210,000

Median Sold Price/Sq.Ft.

$628

Total Inventory

123

Median Sale to List Price %

100.92%

Avg Days on Market

Loan Type

Conventional (41.38%), FHA (0%), VA (0%), Cash (27.59%), Other (20.69%)

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(714) 706-1823

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