Seller's Agent in 2012
David Bayat
Coldwell Banker Realty
(310) 963-8590
1 Total Sale
16253 Mandalay Dr Encino, CA 91436
Estimated Value: $2,399,000 - $2,594,000
4
Beds
3
Baths
2,698
Sq Ft
$918/Sq Ft
Est. Value
Highlights
- In Ground Pool
- City Lights View
- Family Room with Fireplace
- Lanai Road Elementary Rated A
- Contemporary Architecture
- Wood Flooring
About This Home
As of August 2012Motivated Seller. Prime Encino Hills Home. Views, Views and More Views.This quintessential California home offers high ceilings and a fluid center hall floor plan which all starts with an elegant foyer that leads both to the formal dining room and to the formal living room with its grand fireplace. The floor to ceiling walls of glass that comprise the walls of both the living room and family room give this home an open and airy atmosphere as well as the ability to gaze out onto the shimmering pool and the panoramic valley views beyond. Adjacent to the family room lays the classic cooks kitchen with its granite counter tops, newer appliances and sunny bay window. Additionally, this sprawling contemporary home features a direct access garage and a large backyard with a substantial grassy area.
Last Agent to Sell the Property
Coldwell Banker Realty License #00925057 Listed on: 05/02/2012
Co-Listed By
Heather Howard
Coldwell Banker Realty License #01705465
Last Buyer's Agent
Subscriber Non
Non-Participant Office License #13252
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,693
Year Built
- Built in 1959
Lot Details
- 0.33 Acre Lot
- Property is zoned LARE15
Parking
- Attached Garage
Property Views
- City Lights
- Mountain
- Park or Greenbelt
- Pool
Home Design
- Contemporary Architecture
Interior Spaces
- 2,698 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Room
- Den
- Center Hall
- Wood Flooring
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Pool
- In Ground Pool
Utilities
- Central Heating and Cooling System
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 2286-005-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2012
Closed on
Aug 23, 2012
Sold by
Sadighpour Parry and The Trust Agreement Of Morad S
Bought by
Farin Arash and Navidpoor Parisa
Seller's Agent
David Bayat
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,299,000
Sold Price
$1,121,250
Premium/Discount to List
-$177,750
-13.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,356,494
Avg. Annual Appreciation
6.31%
Original Mortgage
$897,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2006
Sold by
Sadighpour Morad and Sadighpour Parvin
Bought by
Sadighpour Morad
Purchase Details
Closed on
Jun 5, 2002
Sold by
Sadighpour Morad and Sadighpour Parvin
Bought by
Sadighpour Morad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.74%
Purchase Details
Closed on
Jul 18, 2001
Sold by
Sadighpour Morad and Sadighpour Parvin
Bought by
Sadighpour Morad
Purchase Details
Closed on
Jun 10, 1996
Sold by
Smith Nadine
Bought by
Sadighpour Morad and Sadighpour Parvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
8.5%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farin Arash | $1,121,500 | Equity Title Company | |
| Sadighpour Morad | -- | None Available | |
| Sadighpour Morad | -- | First Southwestern Title Co | |
| Sadighpour Morad | -- | -- | |
| Sadighpour Morad | $467,500 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Farin Arash | $1,410,000 | |
| Previous Owner | Farin Arash | $490,000 | |
| Previous Owner | Farin Arash | $827,000 | |
| Previous Owner | Farin Arash | $840,675 | |
| Previous Owner | Farin Arash | $897,000 | |
| Previous Owner | Farin Arash | $1,980,000 | |
| Previous Owner | Sadighpour Morad | $420,000 | |
| Previous Owner | Sadighpour Morad | $365,000 | |
| Previous Owner | Sadighpour Morad | $374,400 | |
| Previous Owner | Sadighpour Morad | $374,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2012 08/28/12 | Sold | $1,121,250 | -4.6% | $416 / Sq Ft |
| 07/06/2012 07/06/12 | Price Changed | $1,175,000 | -9.5% | $436 / Sq Ft |
| 05/02/2012 05/02/12 | For Sale | $1,299,000 | -- | $481 / 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 | $16,693 | $1,380,664 | $810,518 | $570,146 |
| 2024 | $16,693 | $1,353,593 | $794,626 | $558,967 |
| 2023 | $16,371 | $1,327,053 | $779,046 | $548,007 |
| 2022 | $15,632 | $1,301,033 | $763,771 | $537,262 |
| 2021 | $15,520 | $1,275,524 | $748,796 | $526,728 |
| 2019 | $15,059 | $1,237,694 | $726,588 | $511,106 |
| 2018 | $14,898 | $1,213,427 | $712,342 | $501,085 |
| 2016 | $14,227 | $1,166,310 | $684,682 | $481,628 |
| 2015 | $14,020 | $1,148,792 | $674,398 | $474,394 |
| 2014 | $14,067 | $1,126,290 | $661,188 | $465,102 |
Source: Public Records
Agents Affiliated with this Home
-
David Bayat
-
H
Seller Co-Listing Agent in 2012
Heather Howard
Coldwell Banker Realty
-
S
Buyer's Agent in 2012
Subscriber Non
Non-Participant Office
Map
Source: The MLS
MLS Number: 12-597679
APN: 2286-005-003
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