NOT LISTED FOR SALE

16201 Meadowridge Way Encino, CA 91436

Estimated Value: $4,500,913 - $7,692,000

6 Beds
6.5 Baths
6,261 Sq Ft
$948/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2014

Last sale price $4,055,000 $648 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $36,320 / mo

41 Days on Market

Highlights

  • Home Theater
  • Built in 2014 | Newly Remodeled
  • Gourmet Kitchen
  • Lanai Road Elementary Rated A-
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of July 2014

HUGE over $500,000 PRICE ADJUSTMENT!! Exquisite Custom Cape Cod Traditional Estate located in prime Upper Royal Oaks Area w/ gorgeous head-on VIEWS. Built with magnificent craftsmanship, thoughtfully appointed floor plan & modern amenities complete this gorgeous & flawless home. Fabulous kitchen with all top of the line pro chef appliances, formal butlers/walk-in pantry & double Calcutta marble islands. The great room is enhanced by seamlessly incorporating the outdoor space, kitchen & tremendous views for a true 360day CA living experience. Features include beamed & cathedral ceilings, formal dining with coffered ceilings, full breakfast room w/ French folding door system, media room/office, downstairs maids/guest room, upper floor family room, smart home system. Elegant master w/fp, 2 walk-in closets & sumptuous resort style bath. All bedrooms ensuite. Complete outdoor living w/ kitchen, patio, pool, spa, lrg grass area & unobstructed views. A warm, inviting & gorgeous home!!

Last Agent to Sell the Property

Nick Tatone

Rodeo Realty License #01314700 Listed on: 05/13/2014

Rodeo Realty

Co-Listed By

Samara Saffian

License #01036043

Last Buyer's Agent

Rachelle Rosten

Douglas Elliman License #01255977

Douglas Elliman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 20,626 Sq Ft Lot
  • Lot Dimensions are 117x180
  • South Facing Home
  • Gated Home
  • Vinyl Fence
  • Landscaped
  • Level Lot
  • Sprinklers Throughout Yard
  • Hilltop Location
  • Lawn
  • Front Yard
  • Property is zoned LARE15

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway
  • Automatic Gate

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Valley

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 6,261 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Family Room on Second Floor
  • Living Room with Attached Deck
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Fireplace in Bathroom
  • Double Vanity
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Double Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 2284-019-032

Home Details

Home Type

Single Family

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0.47 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 6261
  • Lot Dimensions: 117x180
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2014
  • Builders Tract Name: Custom Traditional
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, Coffered Ceiling(s), Crown Moldings, Detached/No Common Walls, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Turnkey
  • Fireplace Rooms: Bath, Family Room, Master Bedroom
  • Flooring: Hardwood, Mixed
  • Appliances: Built-In And Free Standing, Built-In BBQ, Built-In Gas, Cooktop - Gas, Double Oven, Microwave, Range Hood, Warmer Oven Drawer
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, Master Retreat, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Low Flow Shower(s), Low Flow Toilet(s), Powder Room, Tub With Jets
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Counter / Bar, Breakfast Room, Family Kitchen, Formal Dining Rm, In Kitchen, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Marble Counters, Open to Family Room, Pantry
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Ceiling Fan, Central Vacuum, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Network Wire, Range/Oven, Refrigerator, Water Line to Refrigerator
  • Fireplace: Yes
  • Inclusions: all appliances
  • Price Per S Q F T: 666.83
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Construction: Combination
  • Other Features: Balcony, Barbecue Private, Custom Built, Full Copper Plumbing, High Ceilings (9 Feet+), Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Vinyl
  • Patio: Covered, Porch - Front
  • Pool Description: Gunite, Heated, In Ground, Private
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Canyon, City Lights, Mountains, Panoramic, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 4
  • Covered Parking: 3
  • Parking Garage: Attached, Circular Driveway, Direct Entrance, Door Opener, Driveway, Garage - 3 Car, Garage Is Attached
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Water District: Los Angeles
  • Water Heater: Instant Hot Water, Water Heater Unit
  • Cooling: Ceiling Fan, Central, Multi/Zone
  • Heating: Central, Zoned
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Prewired for alarm system, Smoke Detector
  • Sewer: In Connected and Paid, In Street Paid
  • Water: District

Lot Info

  • Sprinklers: Front, Rear, Side, Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2284-019-032
  • Geocode Override: No
  • Lot Description: Curbs, Front Yard, Gutters, Landscaped, Lawn, Lot-Level/Flat, Sidewalks, Street Lighting, Street Paved, Utilities Underground, Yard
  • Lot Location: Hilltop
  • Lot Size Area: 20626

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Aug 8, 2014
Sold by
Schulman Jay Eliot and Schulman Nancy Rubin
Bought by
Schulman Trust
Seller's Agent
Nick Tatone
Rodeo Realty
Buyer's Agent
Rachelle Rosten
Douglas Elliman
List Price
$4,688,000
Sold Price
$4,055,000
Premium/Discount to List
-$633,000
-13.5%
Current Estimated Value
$5,935,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,880,478
Avg. Annual Appreciation
3.28%
Original Mortgage
$1,100,000
Outstanding Balance
$780,964
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,154,514

Purchase Details

Listed on
May 13, 2014
Closed on
Jul 7, 2014
Sold by
Amg Capital Group Llc
Bought by
Schulman Jay and Schulman Nancy
Seller's Agent
Nick Tatone
Rodeo Realty
Buyer's Agent
Rachelle Rosten
Douglas Elliman
List Price
$4,688,000
Sold Price
$4,055,000
Premium/Discount to List
-$633,000
-13.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$780,964
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,154,514

Purchase Details

Closed on
Dec 30, 2013
Sold by
Amg Capital Group Llc
Bought by
Encino Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,892,000
Interest Rate
4.45%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 2, 2013
Sold by
Small Mark
Bought by
Amg Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2012
Sold by
Scott Ruth
Bought by
Scott Carol D and Scott Michael B
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Schulman Trust -- Stewart Title
Schulman Jay -- Stewart Title Company
Amg Capital Group Llc -- Stewart Title Company
Encino Group Llc -- Stewart Title Of California
Amg Capital Group Llc -- None Available
Small Mark -- None Available
Small Mark -- None Available
Scott Carol D -- None Available
Scott Ruth -- None Available
Scott Ruth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulman Trust $1,100,000
Previous Owner Encino Group Llc $1,892,000
Previous Owner Small Mark $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2014 07/14/14 Sold $4,055,000 -2.9% $648 / Sq Ft
06/03/2014 06/03/14 Price Changed $4,175,000 -10.9% $667 / Sq Ft
05/13/2014 05/13/14 For Sale $4,688,000 -- $749 / Sq Ft
Source: The 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
2025 $58,223 $4,873,495 $2,433,742 $2,439,753
2024 $58,223 $4,777,937 $2,386,022 $2,391,915
2023 $57,086 $4,684,253 $2,339,238 $2,345,015
2022 $54,437 $4,592,406 $2,293,371 $2,299,035
2021 $53,779 $4,502,359 $2,248,403 $2,253,956
2019 $52,162 $4,368,818 $2,181,715 $2,187,103
2018 $51,880 $4,283,156 $2,138,937 $2,144,219
2016 $49,481 $4,116,838 $2,055,881 $2,060,957
2015 $48,750 $4,055,000 $2,025,000 $2,030,000
2014 $15,971 $1,275,000 $637,500 $637,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-760477

The MLS

APN: 2284-019-032

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