NOT LISTED FOR SALE

16334 Mandalay Dr Encino, CA 91436

Estimated Value: $2,234,000 - $2,546,108

3 Beds
2 Baths
2,086 Sq Ft
$1,126/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $2,300,000 $1,103 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,137/month

62 Days on Market

Highlights

  • Panoramic View
  • Living Room with Fireplace
  • Laundry Room
  • Lanai Road Elementary Rated A
  • No HOA
  • 1-Story Property

About This Home

As of May 2022

VIEWS! VIEWS! VIEWS! Incredible opportunity to grab this ENCINO HILLS home that sits on one of the largest lots in the area of almost half an acre!!! ***1st TIME ON THE MARKET IN YEARS!*** This one-story retreat style compound offers 3 beds, 2 baths PLUS a family room & a detached 4 CAR GARAGE which is perfect for a potential ADU. Set back from the street & beautifully perched on top, this ULTRA PRIVATE lot can get jetliner views of the valley floor, mountains, & CITY LIGHTS that sets this property aside from others. An incredible opportunity for BUILDER/DEVELOPER or END-USER looking for a spectacular custom view estate on a well desired street in the highly coveted Lanai Elementary School District. ***Current home is in move in condition & has HUGE potential for DEVELOPMENT or to remodel & enjoy all the views this property has to offer. Minutes to shopping, dining, theaters, Gelsons, Starbucks, close to the Westside, & enjoy easy access to freeways.

Last Agent to Sell the Property

Josh Afighom

Josh Afi Group License #01783784 Listed on: 02/22/2022

Last Buyer's Agent

Dan Stueve

Equity Union License #01936133

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,198

Year Built

  • Built in 1957

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 122x165
  • Property is zoned LARE15

Parking

  • 4 Parking Spaces

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Trees
  • Mountain
  • Hills

Interior Spaces

  • 2,086 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2286-003-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,198

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Advertising Remarks: VIEWS! VIEWS! VIEWS! Incredible opportunity to grab this ENCINO HILLS home that sits on one of the largest lots in the area of almost half an acre!!! ***1st TIME ON THE MARKET IN YEARS!*** This one-story retreat style compound offers 3 beds, 2 baths PLUS a family room & a detached 4 CAR GARAGE which is perfect for a potential ADU. Set back from the street & beautifully perched on top, this ULTRA PRIVATE lot can get jetliner views of the valley floor, mountains, & CITY LIGHTS that sets this property aside from others. An incredible opportunity for BUILDER/DEVELOPER or END-USER looking for a spectacular custom view estate on a well desired street in the highly coveted Lanai Elementary School District. ***Current home is in move in condition & has HUGE potential for DEVELOPMENT or to remodel & enjoy all the views this property has to offer. Enjoy easy access to freeways, shopping, dining.
  • Living Area: 2086
  • Lot Acreage: 0.4600
  • Lot Dimensions: 122x165
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 1100.19

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Hills, Mountains, Panoramic, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2286-003-022
  • Lot Size Area: 20038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2003
Sold by
Moghaddam Sheila
Bought by
Moghaddam Bahram
Current Estimated Value
$2,349,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Moghaddam Bahram
Bought by
Moghaddam Bahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2001
Sold by
Moghaddam Sheila Delrahim
Bought by
Moghaddam Bahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
6.39%
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
Moghaddam Bahram -- Fidelity National Title Co
Moghaddam Bahram -- Fidelity National Title Co
Moghaddam Bahram -- Fidelity National Title Co
Moghaddam Bahram -- Fidelity National Title Co
Moghaddam Bahram -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Moghaddam Bahram $500,000
Closed Moghaddam Bahram $350,000
Closed Moghaddam Bahram $352,000
Closed Moghaddam Bahram $358,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $2,300,000 +0.2% $1,103 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
03/16/2022 03/16/22 Price Changed $2,295,000 -4.3% $1,100 / Sq Ft
02/22/2022 02/22/22 For Sale $2,399,000 -- $1,150 / 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 $29,198 $2,440,777 $1,952,622 $488,155
2024 $29,198 $2,392,920 $1,914,336 $478,584
2023 $28,628 $2,346,000 $1,876,800 $469,200
2022 $10,861 $895,770 $584,545 $311,225
2021 $10,725 $878,207 $573,084 $305,123
2019 $10,408 $852,161 $556,087 $296,074
2018 $10,266 $835,453 $545,184 $290,269
2016 $9,795 $803,014 $524,015 $278,999
2015 $9,653 $790,953 $516,144 $274,809
2014 $9,691 $775,460 $506,034 $269,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-127407

The MLS

APN: 2286-003-022