15949 Tobin Way Sherman Oaks, CA 91403
Encino Neighborhood
5
Beds
4.5
Baths
4,561
Sq Ft
0.26
Acres
Highlights
- Pool and Spa
- Panoramic View
- Deck
- Van Nuys High School Rated A
- Bluff on Lot
- Main Floor Bedroom
About This Home
As of March 2025Price Reduced! Elegant estate home in coveted Royal Woods offers a blend of tranquility and urban convenience. Dramatic 20ft ceilings, dual staircases, and marble floors greet you in the grand entrance. Chef's kitchen dazzles with black granite and ss appliances. Entertainer's backyard boasts pool, spa, and sweeping views. Hardwood floors, crown moldings, and abundant natural light throughout. Generously sized bedrooms include a lavish master suite with balcony. Prime location near shopping, dining and freeways. Welcome to this stunning residence nestled in the prestigious Royal Woods neighborhood of Sherman Oaks, south of the Boulevard on a serene cul-de-sac street. As you step into the grand foyer, you'll be enchanted by the soaring 20-foot ceilings, majestic dual staircases with ornamental iron railings, a massive chandelier, and elegant marble floors, setting the tone for the luxury that awaits you. The expansive master bedroom retreat on the second floor is a true haven, featuring a private balcony, upgraded bathroom, and a walk-in closet. Indulge in the chef's kitchen, complete with sleek black granite counters, premium stainless steel appliances including a Viking 6-burner stove and built-in double ovens, perfect for crafting culinary masterpieces. The home's exterior is equally impressive, with a drought-tolerant front yard showcasing synthetic grass and a lush oasis of mature palm trees. The backyard is an entertainer's dream, featuring a sparkling below-ground swimming pool, spa, and a large deck offering breathtaking views of the valley, ideal for hosting unforgettable gatherings. Throughout the home, you'll find exquisite hand-scraped hardwood floors and decorative crown moldings, adding a touch of sophistication to every room. An abundance of French doors and floor-to-ceiling windows flood the entire home with warm, natural light, creating an inviting ambiance. Conveniently located near shopping, restaurants, and with easy access to major freeways, this home offers the perfect blend of tranquility and urban convenience. A versatile bedroom and full bath off the kitchen could serve as a maid's quarters, providing additional flexibility. Showcasing captivating mid-century architecture, this extraordinary property presents a rare opportunity to indulge in a luxurious lifestyle within one of the most sought-after neighborhoods in the area. Don't miss your chance to make this incredible home your own.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,782
Year Built
- Built in 1961
Lot Details
- 0.26 Acre Lot
- Property is Fully Fenced
- Bluff on Lot
- Property is zoned LARE15
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Property Views
- Panoramic
- City Lights
- Valley
Home Design
- Composition Roof
- Stucco Exterior
- Stone Exterior Construction
Interior Spaces
- 4,561 Sq Ft Home
- 2-Story Property
- Great Room
- Dining Room with Fireplace
- Home Office
Kitchen
- Breakfast Area or Nook
- Double Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Pool and Spa
- In Ground Pool
- Pool Equipment or Cover
Outdoor Features
- Balcony
- Deck
- Slab Porch or Patio
Utilities
- Separate Water Meter
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2280-022-039
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $2,950,000 | -1.3% | $647 / Sq Ft |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 12/17/2024 12/17/24 | Price Changed | $2,990,000 | -3.5% | $656 / Sq Ft |
| 11/18/2024 11/18/24 | Price Changed | $3,100,000 | -3.1% | $680 / Sq Ft |
| 10/18/2024 10/18/24 | For Sale | $3,200,000 | +56.9% | $702 / Sq Ft |
| 12/14/2017 12/14/17 | Sold | $2,040,000 | -18.4% | $417 / Sq Ft |
| 11/03/2017 11/03/17 | Pending | -- | -- | -- |
| 08/31/2017 08/31/17 | For Sale | $2,500,000 | -- | $511 / Sq Ft |
Source: San Diego MLS
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 |
|---|---|---|---|---|
| 2024 | $27,782 | $2,253,342 | $1,192,041 | $1,061,301 |
| 2023 | $27,245 | $2,209,160 | $1,168,668 | $1,040,492 |
| 2022 | $26,002 | $2,165,844 | $1,145,753 | $1,020,091 |
| 2021 | $25,678 | $2,123,378 | $1,123,288 | $1,000,090 |
| 2019 | $24,913 | $2,060,400 | $1,089,972 | $970,428 |
| 2018 | $24,703 | $2,020,000 | $1,068,600 | $951,400 |
| 2017 | $17,289 | $1,411,129 | $452,909 | $958,220 |
| 2016 | $16,859 | $1,383,461 | $444,029 | $939,432 |
| 2015 | $16,614 | $1,362,681 | $437,360 | $925,321 |
| 2014 | $16,663 | $1,335,989 | $428,793 | $907,196 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,360,000 | New Conventional | |
| Previous Owner | $850,000 | New Conventional | |
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $603,000 | Negative Amortization | |
| Previous Owner | $130,000 | Credit Line Revolving | |
| Previous Owner | $614,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,950,000 | Corinthian Title Company | |
| Grant Deed | $2,020,000 | North American Title Co Inc | |
| Individual Deed | $855,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Homes in the area
Source: San Diego MLS
MLS Number: 240024830
APN: 2280-022-039
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