NOT LISTED FOR SALE

16039 Skytop Rd Encino, CA 91436

Estimated Value: $3,756,000 - $6,616,000

4 Beds
4.5 Baths
4,034 Sq Ft
$1,126/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $2,300,000 $570 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $26,931/month

14 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Midcentury Modern Architecture
  • Lanai Road Elementary Rated A
  • 33,850 Sq Ft lot
  • Family Room with Fireplace

About This Home

As of March 2012

This dazzling Benton & Park classic mid-century masterpiece, located in the prestigious Royal Oaks area of Encino, is the ultimate in sophistication and style. As you enter the dramatic entrance enhanced by the soothing sounds of falling water, the Zen gardens leave you breathless. Floor-to-ceiling Fleetwood doors frame the panoramic city views as they integrate beautifully landscaped exteriors & water features. The open flr plan flows seamlessly from indoor to outdoor spaces creating luxurious layers of living, dining & entertaining areas that blend nature w/structure. All rooms open to wonderful views. Interiors are magazine quality w/ terrazzo floors, walnut walls and custom cabinetry. Crestron Home Automation makes this sanctuary state of the art. 3 bedrooms are en suite, plus a 4th bedrm. or office. There is an open family rm. The flat yard below provides an additional outdoor space for children, pets or simply meditation. Minutes to the Westside. No showings until 1/29/12.

Last Agent to Sell the Property

Brenda Catalano

Coldwell Banker Realty License #00828758 Listed on: 01/26/2012

Coldwell Banker Realty

Last Buyer's Agent

Joshua F. Smith

Compass License #01739044

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,137

Year Built

  • Built in 1959

Lot Details

  • 0.78 Acre Lot
  • Property is zoned LARE15

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 4,034 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Stone Flooring
  • City Lights Views
  • Attic Fan
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Powder Room
  • Low Flow Toliet
  • Bathtub with Shower
  • Linen Closet In Bathroom

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Air
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 2286-016-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,137

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Entry Floor: 1
  • Exclusions: Living room & dining room chandeliers are excluded. Mirror in Master hall excluded.
  • Living Area: 4034
  • Stories: 1
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Family Room, Gas, Living Room, Patio
  • Flooring: Stone
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Linen Closet, Low Flow Toilet(s), Powder Room, Remodeled, Shower and Tub
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.50
  • Den: 0
  • Equipment: Alarm System, Attic Fan, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven, Refrigerator, Satellite
  • Fireplace: Yes
  • Price Per S Q F T: 544.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Roof: Composition
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Private Garage, Side By Side

Utilities

  • Cooling: Central
  • Security: Owned, T.V.

Lot Info

  • Assessor Parcel Number: 2286-016-011
  • Lot Size Area: 33850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Russakoff Dana and Russakoff Richard
Bought by
Russakoff Dana and Russakoff Richard
Current Estimated Value
$4,542,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Outstanding Balance
$1,367,806
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,175,170

Purchase Details

Closed on
Oct 16, 2012
Sold by
Marmur Eli E and Marmur Nava
Bought by
Russakoff Dana and Russakoff Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2012
Closed on
Feb 14, 2012
Sold by
Bubalo Nikola and Bubalo Jennifer
Bought by
Marmur Eli and Marmur Nava
Seller's Agent
Brenda Catalano
Coldwell Banker Realty
Buyer's Agent
Joshua F. Smith
Compass
List Price
$2,195,000
Sold Price
$2,300,000
Premium/Discount to List
$105,000
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
May 24, 2006
Sold by
Vance Douglas
Bought by
Bubalo Nikola and Bubalo Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,352,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2005
Sold by
Vance Danielle
Bought by
Vance Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Berney Molly and Bruce & Molly Berney Revocable
Bought by
Vance Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Russakoff Dana -- Stewart Title Of California In
Russakoff Dana -- Fidelity National Title
Marmur Eli $2,300,023 Equity Title Los Angeles
Bubalo Nikola $2,940,000 First American Title Co
Vance Douglas -- Equity Title Company
Vance Douglas -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russakoff Dana $1,460,000
Previous Owner Russakoff Dana $1,450,000
Previous Owner Bubalo Nikola $1,352,000
Previous Owner Vance Douglas $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $2,300,000 +4.8% $570 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $2,195,000 -- $544 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $34,137 $2,832,383 $1,132,953 $1,699,430
2024 $34,137 $2,776,847 $1,110,739 $1,666,108
2023 $34,253 $2,787,254 $1,810,921 $976,333
2022 $32,683 $2,732,603 $1,775,413 $957,190
2021 $32,287 $2,679,023 $1,740,601 $938,422
2019 $31,209 $2,589,760 $1,688,975 $900,785
2018 $30,999 $2,538,981 $1,655,858 $883,123
2016 $29,638 $2,440,391 $1,591,560 $848,831
2015 $29,205 $2,403,735 $1,567,654 $836,081
2014 $29,297 $2,356,650 $1,536,946 $819,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-577791

The MLS

APN: 2286-016-011