NOT LISTED FOR SALE

16240 Meadowridge Rd Encino, CA 91436

Estimated Value: $5,115,000 - $6,510,000

5 Beds
5.5 Baths
6,140 Sq Ft
$897/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $3,850,000 $627 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $33,526/month

45 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • View of Hills
  • Lanai Road Elementary Rated A
  • Cape Cod Architecture
  • Family Room with Fireplace

About This Home

As of January 2019

2018 NEWLY BUILT S OF BLVD CAPE COD MASTERPIECE, SMART & SOLAR HOME, ENCINO HILLS SOOTHING TREE TOP VIEW. ROYAL OAKS ADJCENT, LANAI SCHOOL DISTRICT. A TRUE PARADISE! OVER 6,000 SF OF EXQUISITE ARCHITECTURAL DETAILING. 5 BEDS, 5.5 BATHS, MEDIA ROOM, WINE CENTER, MUD ROOM, HOME OFFICE, MULTIPLE BALCONIES, HIGH CEILINGS, GRAND LIVING ROOM W CUSTOM BUILT INS & FORMAL DINING, INTRICATE WOOD FLOORING DETAIL & WAINSCOTING, CHEF'S KITCHEN W BUTLER'S PANTRY, TOP OF THE LINE APPLIANCES, AN ENTERTAINER'S DREAM HOME. MASTER SUITE WITH MINI BAR LOUNGE, FIREPLACE & AMAZING LARGE GLASS BALCONY WITH A TRANQUIL VIEW. MARBLE MASTER BATH W/ LARGE SHOWER AND SOAKING TUB. A PRIVATE OASIS BACKYARD WITH W/ POOL & SPA, OUTDOOR BBQ FIRE PIT AND FIREPLACE. CABANA WITH BATHROOM & SHOWER OVERLOOKING THE POOL AND WATERFALL. ALL FLAT 12,672 SQ FT LOT. ENGINEERED OAK FLOORS, LED LIGHTING,CONTROL 4, SURROUND SOUND, SECURITY W/CAMERAS.

Last Agent to Sell the Property

Zachary Diles

Compass License #01953856 Listed on: 09/28/2018

Compass

Co-Listed By

Shelly Mashiach

MGB Realty Group License #01916382

Last Buyer's Agent

Adi Livyatan

License #01892750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,917

Year Built

  • Built in 2018

Lot Details

  • 0.29 Acre Lot
  • Property is zoned LARE15

Parking

  • Attached Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 6,140 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Home Theater
  • Wood Flooring
  • Views of Hills
  • Dishwasher
  • Laundry on upper level

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2285-019-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,917

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 6140
  • Stories: 2
  • Year Built: 2018
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: On Upper Level
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 649.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Attached

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2285-019-026
  • Geocode Override: No
  • Lot Size Area: 12672

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Sabeti Allahyar Christopher and Sabeti Nilofar
Bought by
Chris And Nilo Sabeti Family Trust and Sabeti
Current Estimated Value
$5,507,444

Purchase Details

Closed on
Oct 24, 2020
Sold by
Bhadorani Farhad
Bought by
Sabeti Allahyar Christopher and Bahadorani Nilofar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2018
Closed on
Dec 4, 2018
Sold by
Amirrazavi Nikfar
Bought by
Bahadorani Farhad
Seller's Agent
Zachary Diles
Compass
Buyer's Agent
Adi Livyatan
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Jan 10, 2018
Sold by
Yom & Sdl Llc
Bought by
Sabeti Allahyar Christopher and Bahadorani Nilofar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,615,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2017
Closed on
Mar 20, 2017
Sold by
Meyer Elaine and Weiner Stephen
Bought by
Yom & Sdl Llc
Seller's Agent
Susanna Nagy
Keller Williams Realty-Studio City
List Price
$1,575,000
Sold Price
$1,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$945,000
Interest Rate
4.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chris And Nilo Sabeti Family Trust -- None Listed On Document
Sabeti Allahyar Christopher -- Fidelity National Title Co
Bahadorani Farhad -- Stewart Title
Sabeti Allahyar Christopher $3,850,000 Stewart Title
Yom & Sdl Llc $1,575,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabeti Allahyar Christopher $2,550,000
Previous Owner Sabeti Allahyar Christopher $2,615,000
Previous Owner Yom & Sdl Llc $945,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2019 01/16/19 Sold $3,850,000 -3.5% $627 / Sq Ft
11/02/2018 11/02/18 Price Changed $3,990,000 -0.1% $650 / Sq Ft
10/07/2018 10/07/18 For Sale $3,995,000 +3.8% $651 / Sq Ft
10/07/2018 10/07/18 Off Market $3,850,000 -- --
09/28/2018 09/28/18 For Sale $3,995,000 +153.7% $651 / Sq Ft
04/23/2017 04/23/17 Sold $1,575,000 0.0% $597 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $1,575,000 -- $597 / 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 $51,917 $4,345,679 $1,976,410 $2,369,269
2024 $51,917 $4,260,470 $1,937,657 $2,322,813
2023 $50,902 $4,176,932 $1,899,664 $2,277,268
2022 $48,541 $4,095,032 $1,862,416 $2,232,616
2021 $47,398 $3,967,683 $1,711,772 $2,255,911
2020 $47,891 $3,927,000 $1,694,220 $2,232,780
2019 $617 $3,798,412 $1,638,630 $2,159,782
2018 $19,681 $1,606,500 $1,285,200 $321,300
2016 $2,701 $199,401 $70,188 $129,213
2015 $2,666 $196,407 $69,134 $127,273
2014 $2,684 $192,560 $67,780 $124,780
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2019

    Zachary Diles

    Compass

    Section Image
  • Shelly Mashiach

    Seller Co-Listing Agent in 2019

    Shelly Mashiach

    MGB Realty Group

    (818) 486-8984

    1 in this area

    50 Total Sales

    Shelly Mashiach
    Section Image

  • A

    Buyer's Agent in 2019

    Adi Livyatan

  • Susanna Nagy

    Seller's Agent in 2017

    Susanna Nagy

    Keller Williams Realty-Studio City

    (818) 481-1602

    8 in this area

    111 Total Sales

    Susanna Nagy
    Section Image
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Map

Source: The MLS

MLS Number: 18-391290

The MLS

APN: 2285-019-026

California Los Angeles County Encino 91436

16240 Meadowridge Rd, Encino, CA

This home is located at 16240 Meadowridge Rd, Encino, CA 91436 since 28 September 2018 and is currently estimated at $5,507,444, approximately $896 per square foot. This property was built in 2018. 16240 Meadowridge Rd is a home located in Los Angeles County with nearby schools including Lanai Road Elementary, Gaspar De Portola Middle School, and Hesby Oaks Elementary School.

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