Seller's Agent in 2019
Molly Ballantine
Compass
(310) 351-1312
25 Total Sales
16041 Woodvale Rd Encino, CA 91436
Estimated Value: $7,061,000 - $17,261,448
4
Beds
3.5
Baths
4,227
Sq Ft
$2,877/Sq Ft
Est. Value
Highlights
- Art Studio
- In Ground Pool
- Maid or Guest Quarters
- Lanai Road Elementary Rated A
- 54,978 Sq Ft lot
- Living Room with Fireplace
About This Home
As of September 2019Situated on a rare oversized lot of 1.26 acres, set back off the street, this hideaway offers a private gated entry that leads you to your sanctuary. The story begins in 1956 when a newly married couple, had children, found their dream lot, and built a sprawling, rustic,1-level large ranch home. At that time, they were trailblazers in the now renowned Royal Oaks! This early LA indoor/outdoor lifestyle continued with wonderful parties by the sparkling pool, lush landscaping, relaxing afternoons in the Gazebo, meandering pathways for the kids to play and truly created an oasis in the middle of the city. The home itself offers grand rooms, tall, pitched ceilings, and a spacious floor plan. There are four large bedrooms and baths with a converted artist space as well as guest quarters. These magical properties do not come to market very often. The options are endless. Reimagine, expand, add a second story, or create a modern masterpiece. 16041 Woodvale Rd. awaits its next chapter.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $221,947
Year Built
- Built in 1955
Lot Details
- 1.26 Acre Lot
- Property is zoned LARE15
Interior Spaces
- 4,227 Sq Ft Home
- 1-Story Property
- Built-In Features
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Den with Fireplace
- Art Studio
- Alarm System
- Property Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Powder Room
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Parking Spaces
- 3 Carport Spaces
- Converted Garage
- Automatic Gate
Pool
- In Ground Pool
- Above Ground Pool
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2285-015-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2022
Sold by
16041 Woodvale 2 Llc
Bought by
Abach Usa Llc
Current Estimated Value
Purchase Details
Listed on
Jul 19, 2019
Closed on
Jul 26, 2019
Sold by
Addis Keith A
Bought by
16041 Woodvle 2 Llc
Seller's Agent
Molly Ballantine
Compass
Buyer's Agent
Molly Ballantine
Compass
List Price
$4,370,000
Sold Price
$4,200,000
Premium/Discount to List
-$170,000
-3.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%
Original Mortgage
$10,230,455
Interest Rate
3.7%
Purchase Details
Closed on
Sep 16, 2013
Sold by
Addis David R
Bought by
Addis David R and David R Addis Revocable Trust
Purchase Details
Closed on
Jan 25, 2013
Sold by
Selig Keri
Bought by
Addis Keith
Purchase Details
Closed on
Jan 7, 2013
Sold by
Addis Keith A
Bought by
Addis Keith A and Keith Addis Revocable Trust
Purchase Details
Closed on
Jun 28, 2012
Sold by
Addis Jacki and The Jacki Anne Addis Family Tr
Bought by
Addis Keith A and Addis David R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abach Usa Llc | $18,000,000 | Lawyers Title | |
| 16041 Woodvle 2 Llc | -- | Provident | |
| Addis David R | -- | None Available | |
| Addis Keith | -- | None Available | |
| Addis Keith A | -- | None Available | |
| Addis Keith A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 16041 Woodvale 2 Llc | $7,500,000 | |
| Previous Owner | 4550 Libbit Llc | $7,600,000 | |
| Previous Owner | 16041 Woodvale 2 Llc | $10,000,000 | |
| Previous Owner | 16041 Woodvle 2 Llc | $10,230,455 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2019 09/19/19 | Sold | $4,200,000 | -3.9% | $994 / Sq Ft |
| 07/24/2019 07/24/19 | Pending | -- | -- | -- |
| 07/19/2019 07/19/19 | For Sale | $4,370,000 | -- | $1,034 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $221,947 | $18,727,200 | $11,444,400 | $7,282,800 |
| 2024 | $221,947 | $18,360,000 | $11,220,000 | $7,140,000 |
| 2023 | $151,755 | $12,512,219 | $4,414,949 | $8,097,270 |
| 2022 | $144,653 | $12,266,882 | $4,328,382 | $7,938,500 |
| 2021 | $107,765 | $9,123,512 | $4,243,512 | $4,880,000 |
| 2019 | $5,774 | $423,236 | $128,989 | $294,247 |
| 2018 | $5,640 | $414,938 | $126,460 | $288,478 |
| 2016 | $5,348 | $398,827 | $121,550 | $277,277 |
| 2015 | $5,278 | $392,838 | $119,725 | $273,113 |
| 2014 | $5,325 | $385,144 | $117,380 | $267,764 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: The MLS
MLS Number: 19-486974
APN: 2285-015-009
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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