NOT LISTED FOR SALE

16122 Valley Meadow Place Encino, CA 91436

Estimated Value: $4,857,699 - $6,610,000

4 Beds
4.5 Baths
5,829 Sq Ft
$967/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $5,420,000 $930 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $37,559/month

34 Days on Market

Highlights

  • 24-Hour Security
  • Private Pool
  • Canyon View
  • Lanai Road Elementary Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of June 2023

Welcome to this absolutely breathtaking home in the highly sought after guard-gated Colony of prestigious Royal Oaks in Encino. Designed by esteemed architect Kevin Clark, this elegant and elevated 4 bedroom, 5 bathroom home offers 5,829 square feet of luxurious living space on a 19,562 square foot lot. You will be welcomed into a large foyer with abundant windows, skylights and high ceilings bringing in gorgeous sun-drenched light throughout the day. Enjoy entertaining family and friends in a huge open-concept kitchen with a large center island, double-oven, Sub-Zero refrigerator and eat-in kitchen area which spills into an inviting ample family room with dramatic floor to ceiling glass doors. Step outside the large glass doors of the kitchen and family room to your own private sanctuary with lush mature trees offering both privacy and amazing panoramic views. Enjoy sunset vistas from your sparkling pool, grassy lawn or dining al fresco. Beautiful spacious primary bedroom located upstairs with canopy tree-top and valley views, balcony, fireplace, giant ensuite bathroom, luxurious soaking tub and double closets. Two additional secondary bedrooms and adjoining playroom upstairs offer the perfect living space for any buyer. Enjoy beautiful views from almost every bedroom or with a cup of coffee from your own outdoor landing. Very flexible floor-plan offers two large studies which could also be used as an office, home theater, work-out room and/or additional bedroom. Other amenities include: hard-wood floors, beamed ceilings, large built-in bar, separate dining room area, work-out room, downstairs guest bedroom and ensuite bathroom/wet room accessible from pool area, separate laundry room and three-car garage. The absolute perfect location nestled safely behind 24 hour guard gates with easy access to both the westside or the valley. Close proximity to award winning schools such as Lanai, excellent dining, cultural centers and shopping. A classic beauty, this timeless home feels like it came right out of "Father of The Bride". This is the one you have been waiting for. Please don’t miss this very special home.

Last Agent to Sell the Property

Allison Dubois

Berkshire Hathaway HomeServices California Properties License #01925760 Listed on: 04/11/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Drew Fenton

Carolwood Estates License #01317962

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,967

Year Built

  • Built in 1992

Lot Details

  • 0.45 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARE15

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Three Garage Doors

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,829 Sq Ft Home
  • 2-Story Property
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Home Gym
  • Wood Flooring
  • Canyon Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 32906
  • Assessor Parcel Number 2286023013
  • $735 per year additional tax assessments

Community Details

Overview

  • Royal Oaks Colony Association, Phone Number (818) 501-8574

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,967

Year Built

Built in 1992

Lot Details

0

HOA Fees

$1,250 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Agent
  • Other Phone Number: 8186815535
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant
  • View: Yes
  • Zoning: LARE15
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2286023013
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5829.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, High Ceilings
  • Stories: 2
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Den, Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 929.83
  • Room Type: Exercise Room, Master Suite
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Canyon
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Security
  • Association Fee: 1250.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Oaks Colony
  • Phone: 8185018574
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Royal Oaks Colony

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19569.00
  • Lot Size Acres: 0.4492
  • Latitude Manual: 34.13851600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19569.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1415.00
  • Tax Lot: 33
  • Tax Tract Number: 32906
  • TaxOtherAnnualAssessmentAmount: 735.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Jun 13, 2023
Sold by
Siskin Benjamin
Bought by
Hollander Brooke
Seller's Agent
Allison Dubois
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Drew Fenton
Carolwood Estates
List Price
$5,999,000
Sold Price
$5,420,000
Premium/Discount to List
-$579,000
-9.65%
Views
201
Current Estimated Value
$5,639,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,425
Avg. Annual Appreciation
1.84%
Original Mortgage
$700,000
Outstanding Balance
$682,762
Interest Rate
6.39%
Estimated Equity
$4,956,663

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 18, 2023
Sold by
Haber Sharon Joy
Bought by
Hollander 2020 Childrens Trust and Hollander Family Trust
Seller's Agent
Allison Dubois
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Drew Fenton
Carolwood Estates
List Price
$5,999,000
Sold Price
$5,420,000
Premium/Discount to List
-$579,000
-9.65%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$682,762
Interest Rate
6.39%
Estimated Equity
$4,956,663

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 25, 2015
Sold by
Baumgarten Bruce and Baumgarten Miki
Bought by
Haber Eli and Haber Sharon Joy
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Susan McDonnell
List Price
$3,895,000
Sold Price
$3,625,000
Premium/Discount to List
-$270,000
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$1,989,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2012
Sold by
Baumgarten Bruce and Baumgarten Miki
Bought by
Baumgarten Bruce and Baumgarten Miki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,900
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Baumgarten Bruce and Baumgarten Miki
Bought by
Baumgarten Bruce and Baumgarten Miki
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
Hollander Brooke -- California Title Company
Hollander 2020 Childrens Trust $5,420,000 California Title Company
Haber Eli $3,625,000 None Available
Baumgarten Bruce -- Ortc
Baumgarten Bruce -- Ortc
Baumgarten Bruce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollander 2020 Childrens Trust $700,000
Open Hollander 2020 Childrens Trust $1,650,000
Previous Owner Haber Eli $1,989,000
Previous Owner Baumgarten Bruce $381,900
Previous Owner Baumgarten Bruce $404,500
Previous Owner Baumgarten Bruce $100,000
Previous Owner Baumgarten Bruce $489,000
Previous Owner Baumgarten Bruce $491,650
Previous Owner Baumgarten Bruce $519,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $5,420,000 -5.7% $930 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $5,750,000 -4.2% $986 / Sq Ft
04/11/2023 04/11/23 For Sale $5,999,000 +65.5% $1,029 / Sq Ft
07/20/2015 07/20/15 Sold $3,625,000 -6.9% $622 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $3,895,000 -- $668 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $66,967 $5,639,643 $3,428,451 $2,211,192
2024 $66,967 $5,528,400 $3,366,000 $2,162,400
2023 $50,114 $4,124,628 $2,474,777 $1,649,851
2022 $47,784 $4,043,753 $2,426,252 $1,617,501
2021 $47,200 $3,964,465 $2,378,679 $1,585,786
2019 $45,775 $3,846,878 $2,308,127 $1,538,751
2018 $45,604 $3,771,450 $2,262,870 $1,508,580
2016 $43,678 $3,625,000 $2,175,000 $1,450,000
2015 $21,919 $1,806,081 $1,103,086 $702,995
2014 $21,988 $1,770,704 $1,081,479 $689,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23059643

California Regional Multiple Listing Service (CRMLS)

APN: 2286-023-013