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5700 Babbitt Avenue

5700 Babbitt Avenue, Encino, CA 91316
Property in Encino
Sold Oct 15, 2021
$1,230,000
$820,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2051
Sold Dec 27, 2018
$910,000
5700 Babbitt Avenue in Encino, CA was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1985. 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 3 full bathrooms. There are 3 partial bathrooms. 5700 Babbitt Avenue has 1,626 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 1,000. In total, the area measurement of the land is 5,998 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 A. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5700 Babbitt Avenue was last sold in Aug 5, 2021 for $1,230,000. According to our calculations, that's $756.46 per sqft. Prior to that sales transaction, the property was sold for $910,000 in Dec 18, 2018. Current property owners are expected to pay $11,456 in taxes per year. The property on 5700 Babbitt Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $975,701. To break that down further, the land itself was valued at $643,320. While improvements to the property were assessed at a total of $332,381. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • 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: 5,998
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,626
  • Building Area: 1,626
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 20332
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 20332 LOT/SEC 213

Ownership

  • Current Owner : LAM JEFFREY
  • Previous Owner : REDIGER GARY MARTIN
  • Previous Owner 2: GARY REDIGER TRUST
  • Owner Before Previous Owner: BERMAN AARON
  • Owner Before Previous Owner 2: BERMAN MELISSA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139001

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 21-E1
  • Subdivision Tract Number: 20332
  • Parcel: 2255-014-018
  • Lot: 213
  • Municipality: NORTH /S.E. RESEDA
  • Latitude: 34.1744
  • Longitude: -118.509

    Address

  • Full Address: 5700 Babbitt Ave
  • Address - House Number: 5700
  • Address - Street Name: Babbitt
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Encino
  • Carrier Code: C039
  • 4-Digit Zip Code: 1426
  • Zip Code: 91316

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,456
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,335,375
  • High Value: 1,621,404
  • Low Value: 1,049,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $820,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $820,000
  • 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: $975,701
  • Assessed Land Value: $643,320
  • Assessed Improvements Value: $332,381

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11860400322
  • Current Sale Price: $1,230,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1558715
  • Previous Sale Recording Date: Dec 27, 2018
  • Previous Sale Contract Date: Dec 18, 2018
  • Previous Sale Amount: $910,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $820,000
  • 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 5700 Babbitt Avenue located in?
The 5700 Babbitt Avenue is a located in the neighborhood of Encino in South Valley, Encino.
What is the average sales price for listings in 5700 Babbitt Avenue?
The average sales price for units in 5700 Babbitt Avenue is $0 currently.

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