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5616 Wish Avenue

5616 Wish Avenue, Encino, CA 91316
Property in Encino
Sold Nov 02, 2021
$1,007,000
$475,000 by Ocmbc Inc
Mortgage Due Nov 01, 2051
5616 Wish Avenue in Encino, CA was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5616 Wish Avenue has 1,470 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,020. In total, the area measurement of the land is 6,123 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of gravel/rock. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5616 Wish Avenue sold most recently in Oct 6, 2021 for a total of $1,007,000. If you work out the math, that's approximately a cost of $685.03 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,043 in taxes each year. The initial year of tax delinquency occurred in 2021. 5616 Wish Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,027,140. If we break it down further, the land itself was valued at $821,712. Improvements to the property, however, were assessed at a total of $205,428. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,123
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 20332
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 20332 LOT/SEC 83

Ownership

  • Current Owner : BLUMENFELD KEVIN
  • Current Owner 2: RESNICK FRANCESCA SOPHIA
  • Previous Owner : BARAKIAN THERESA V
  • Previous Owner 2: BARAKIAN LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 980024

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 21-E1
  • Subdivision Tract Number: 20332
  • Parcel: 2255-022-004
  • Lot: 83
  • Municipality: NORTH /S.E. RESEDA
  • Latitude: 34.173
  • Longitude: -118.506

    Address

  • Full Address: 5616 Wish Ave
  • Address - House Number: 5616
  • Address - Street Name: Wish
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Encino
  • Carrier Code: C039
  • 4-Digit Zip Code: 1408
  • Zip Code: 91316

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,043
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,336,095
  • High Value: 1,634,576
  • Low Value: 1,037,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Loan Amount: $475,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,027,140
  • Assessed Land Value: $821,712
  • Assessed Improvements Value: $205,428

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Transaction ID: 11862106268
  • Current Sale Price: $1,007,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1642063

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Nov 02, 2021
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About South Valley



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Frequently Asked Questions

What neighborhood is 5616 Wish Avenue located in?
The 5616 Wish Avenue is a located in the neighborhood of Encino in South Valley, Encino.
What is the average sales price for listings in 5616 Wish Avenue?
The average sales price for units in 5616 Wish Avenue is $0 currently.

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