NOT LISTED FOR SALE

15650 Meadowgate Rd Encino, CA 91436

Estimated Value: $2,599,000 - $4,188,000

5 Beds
5 Baths
4,021 Sq Ft
$839/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $1,630,000 $405 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $19,647/month

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Maid or Guest Quarters
  • Lanai Road Elementary Rated A-
  • 28,532 Sq Ft lot
  • Fireplace in Primary Bedroom

About This Home

As of March 2017

Run, don’t walk, to this spectacular, light, bright and airy home perfectly situated in Royal Oaks, the quiet Encino neighborhood featuring the award winning Lanai Elementary School District. Just south of Ventura Boulevard, this prime location is close to the Westside, UCLA, and the Getty Center, with easy access to the 405/101 junction. This over 4,000 square foot, five full bedroom and five bathroom home + office offers everything you could ask for and is “priced to sell”. The high ceilings drench the house in light all day long. A large, spacious master bedroom with a cedar walk-in closet and relaxing soaking tub are to die for! The fully equipped, modern kitchen features Sub-Zero and Wolf appliances, with living areas opening up to spacious newer outdoor redwood decks. Enjoy the beautiful city lights while utilizing the outdoor barbeque and Tuscan pizza oven, perfect for entertaining! If you’ve seen this house before, you won’t recognize it now. With brand new paint inside and out, and beautiful new landscaping, this home has great flow throughout. This home is surrounded by properties selling for over five million dollars. Here’s your chance to live in one of the best neighborhoods in the Valley at an unbelievable price. Agents, bring your most discerning clients. They won’t be disappointed. Very easy to show.

Last Agent to Sell the Property

Paresh Lal

Integrity Realtors Inc. License #01868807 Listed on: 01/23/2017

Last Buyer's Agent

Elizabeth Friedman

No Firm Affiliation License #01507367

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 0.66 Acre Lot
  • Landscaped
  • Gentle Sloping Lot
  • Wooded Lot
  • Private Yard
  • Back Yard
  • Property is zoned LARE15

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Parking Lot

Property Views

  • City Lights
  • Woods

Interior Spaces

  • 4,021 Sq Ft Home
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Wood Patio
  • Terrace
  • Exterior Lighting
  • Rear Porch

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Foothills
  • Valley

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 12666
  • Assessor Parcel Number 2285004026

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0.66 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Ad Number: Paresh Lal
  • Property Attached: No
  • View: Yes
  • Zoning: LARE15
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2285004026
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4021.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 405.37
  • Room Type: Bonus Room, Den, Entry, Family Room, Formal Entry, Foyer, Galley Kitchen, Guest/Maid's Quarters, Jack & Jill, Laundry, Living Room, Master Bathroom, Master Suite, Office, Two Masters, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: City Lights, Trees/Woods
  • Patio And Porch Features: Patio, Patio Open, Rear Porch, Terrace, Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Garage, Direct Garage Access, Garage - Two Door, Parking Space, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Sidewalks, Street Lights, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Gentle Sloping, Landscaped, Lot 20000-39999 Sqft, Treed Lot, Yard
  • Lot Size Sq Ft: 28532.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1415.00
  • Tax Lot: 65
  • Tax Tract Number: 12666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 24, 2017
Sold by
Jain Ashley and Jain 2012 Gift Trust
Bought by
Levy Matthew P and Marble Stacy E
Seller's Agent
Paresh Lal
Integrity Realtors Inc.
Buyer's Agent
Elizabeth Friedman
No Firm Affiliation
List Price
$1,669,000
Sold Price
$1,630,000
Premium/Discount to List
-$39,000
-2.34%
Current Estimated Value
$3,372,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,742,451
Avg. Annual Appreciation
8.38%
Original Mortgage
$1,304,000
Outstanding Balance
$1,061,684
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,310,767

Purchase Details

Closed on
Nov 3, 2016
Sold by
Mordern Redevelopment Llc
Bought by
Jain Ashley and The Jain 2012 Gift Trust

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jun 24, 2014
Sold by
Akaks Mitra
Bought by
Akaks David
Seller's Agent
Noelle Hettlinger
Compass
Buyer's Agent
Bita Goodman
Sotheby's International Realty
List Price
$1,099,000
Sold Price
$1,262,000
Premium/Discount to List
$163,000
14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$172,500
Interest Rate
4.1%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jun 23, 2014
Sold by
Akaks David
Bought by
Modern Redevelopment Llc
Seller's Agent
Noelle Hettlinger
Compass
Buyer's Agent
Bita Goodman
Sotheby's International Realty
List Price
$1,099,000
Sold Price
$1,262,000
Premium/Discount to List
$163,000
14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.1%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Mar 21, 2013
Closed on
Dec 20, 2013
Sold by
Shimokawa Gary K
Bought by
Akaks David
Seller's Agent
Richard Kas
Coldwell Banker Realty
Buyer's Agent
Richard Kas
Coldwell Banker Realty
List Price
$749,000
Sold Price
$800,000
Premium/Discount to List
$51,000
6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.85%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Young Rhonda S
Bought by
Shimokawa Gary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2001
Sold by
Shimokawa Rhonda Young
Bought by
Shimokawa Gary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.21%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Levy Matthew P $1,630,000 Chicago Title Company
Jain Ashley $1,684,763 Accommodation
Akaks David -- None Available
Modern Redevelopment Llc $1,262,012 None Available
Akaks David $800,000 Equity Title Los Angeles
Shimokawa Gary K -- Ticor Title Co
Shimokawa Gary K -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levy Matthew P $1,304,000
Previous Owner Akaks David $172,500
Previous Owner Modern Redevelopment Llc $1,300,000
Previous Owner Shimokawa Gary K $1,000,000
Previous Owner Shimokawa Gary K $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2017 03/10/17 Sold $1,630,000 -2.3% $405 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $1,669,000 +32.3% $415 / Sq Ft
07/03/2014 07/03/14 Sold $1,262,000 +14.8% $314 / Sq Ft View Prior Sale
06/11/2014 06/11/14 For Sale $1,099,000 +37.4% $273 / Sq Ft
12/31/2013 12/31/13 Sold $800,000 +17.8% $199 / Sq Ft View Prior Sale
04/29/2013 04/29/13 Price Changed $679,000 -9.3% $169 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $749,000 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,898 $1,891,750 $1,160,584 $731,166
2024 $22,898 $1,854,658 $1,137,828 $716,830
2023 $22,456 $1,818,293 $1,115,518 $702,775
2022 $21,437 $1,782,642 $1,093,646 $688,996
2021 $21,168 $1,747,689 $1,072,202 $675,487
2020 $21,381 $1,729,769 $1,061,208 $668,561
2019 $20,538 $1,695,852 $1,040,400 $655,452
2018 $20,436 $1,662,600 $1,020,000 $642,600
2016 $15,875 $1,281,245 $773,620 $507,625
2015 $15,598 $1,262,000 $762,000 $500,000
2014 $10,327 $800,000 $550,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17016266

California Regional Multiple Listing Service (CRMLS)

APN: 2285-004-026

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