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5865 Babbitt Avenue

5865 Babbitt Avenue, Encino, CA 91316
Property in Encino
Sold Nov 22, 2016
$770,000
$417,000 by Wintrust Mortgage
Mortgage Due Dec 01, 2046
Sold Jun 26, 2015
$650,000
$520,000 by Wintrust Mortgage
Mortgage Due Jul 01, 2045
5865 Babbitt Avenue in Encino, CA was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1957. 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 9 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. 5865 Babbitt Avenue has 1,641 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 1,010. In total, the area measurement of the land is 6,034 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of gravel/rock. For those who need parking, there is a attached garage. 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 condition of the building has been evaluated as excellent. 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 a evaporative cooler. 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, 5865 Babbitt Avenue sold most recently in Oct 26, 2016 for a total of $770,000. If you work out the math, that's approximately a cost of $469.23 per sqft. Before that, the property was also sold for $650,000 in May 28, 2015. 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 $10,143 in taxes each year. 5865 Babbitt Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $858,944. If we break it down further, the land itself was valued at $680,017. Improvements to the property, however, were assessed at a total of $178,927. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1956
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • 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
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,034
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,641
  • Building Area: 1,641
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Central heating
  • Heated Square Feet: 1,641
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 20331
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 20331 LOT/SEC 23

Ownership

  • Current Owner : JALALI YOUSEF
  • Current Owner 2: JALALI CHARISSA D
  • Previous Owner : BROOKS MATTHEW B
  • Owner Before Previous Owner: MAJOR ERIC JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 14-E6
  • Subdivision Tract Number: 20331
  • Parcel: 2255-009-005
  • Lot: 23
  • Municipality: NORTH /S.E. RESEDA
  • Latitude: 34.1775
  • Longitude: -118.51

    Address

  • Full Address: 5865 Babbitt Ave
  • Address - House Number: 5865
  • Address - Street Name: Babbitt
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Encino
  • Carrier Code: C039
  • 4-Digit Zip Code: 1429
  • Zip Code: 91316

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,143
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,173,979
  • High Value: 1,437,745
  • Low Value: 910,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 22, 2016
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Dec 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $858,944
  • Assessed Land Value: $680,017
  • Assessed Improvements Value: $178,927

    Sales

  • Current Sale Contract Date: Oct 26, 2016
  • Current Sale Recording Date: Nov 22, 2016
  • Current Sale Transaction ID: 1864556544
  • Current Sale Price: $770,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1464478
  • Previous Sale Recording Date: Jun 26, 2015
  • Previous Sale Contract Date: May 28, 2015
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Nov 22, 2016
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Jun 26, 2015
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About South Valley



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Frequently Asked Questions

What neighborhood is 5865 Babbitt Avenue located in?
The 5865 Babbitt Avenue is a located in the neighborhood of Encino in South Valley, Encino.
What is the average sales price for listings in 5865 Babbitt Avenue?
The average sales price for units in 5865 Babbitt Avenue is $0 currently.

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