NOT LISTED FOR SALE

16371 Mandalay Dr Encino, CA 91436

Estimated Value: $2,189,000 - $2,424,000

4 Beds
2.5 Baths
2,298 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold March 07, 2017

Last sale price $1,290,000 $561 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $14,195/month

Highlights

  • Filtered Pool
  • Primary Bedroom Suite
  • Traditional Architecture
  • Lanai Road Elementary Rated A
  • Mountain View
  • Cathedral Ceiling

About This Home

As of March 2017

Situated above a serene Encino Hills street on an ultra-private lot with a distant mountain view, this Mid-Century ranch has incredibly good bones! You enter to a vaulted Living Room where light streams in through walls of French doors that also surround the adjacent eat-in kitchen and formal dining room (currently being used as an office). Except for the tiled kitchen and bathrooms, hardwood flooring extends throughout the home, which also includes 3 family bedrooms and an ensuite Master with walk-in closet and French doors opening to the backyard -- where you can enjoy a swimmer's pool, patio and lawn. A laundry room with direct access to the 2-car garage completes the interior space. Yes, it does need updating, but it was recently re-roofed and has newer AC and copper plumbing. What's more, the prime location justifies the investment -- just a short distance to the top-rated Lanai Rd. Elementary School and with access to the Westside without using the Hayvenhurst/Calneva Waze route. Come see the potential!

Last Agent to Sell the Property

Patricia Phillips

Equity Union License #01303792 Listed on: 02/20/2017

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,977

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Fence is in poor condition
  • Irregular Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARE15

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Up Slope from Street
  • Driveway

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,298 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • Raised Hearth
  • Gas Fireplace
  • Wood Frame Window
  • Double Door Entry
  • French Doors
  • Great Room with Fireplace
  • Home Office
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Range Hood
  • Freezer
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Filtered Pool
  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Lanai Road Elementary School
  • Portola Middle School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 21551
  • Assessor Parcel Number 2286005011

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,977

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator/Freezer, Washer/Dryer
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LARE15
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2286005011
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2298.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full, Recessed Lighting, Tile Counters, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Gas, Gas Starter, Great Room, Raised Hearth
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 561.36
  • Room Type: Great Room, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Window Features: Wood Frames
  • Bathroom Features: Bathtub, Low Flow Shower, Shower, Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Needs Repair, Poor Condition, Wood, Wrought Iron
  • Patio And Porch Features: Patio, Patio Open, Front Porch
  • Pool Features: Private, In Ground, Filtered, Gunite
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Concrete, Garage, Direct Garage Access, Garage Faces Front, Garage - Two Door, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Freezer, Disposal, Gas Range, Gas Water Heater, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Valley

Schools

  • School District: Los Angeles Unified
  • Elementary School: Lanai Road
  • Middle School: Portola
  • Elementary School: Lanai Road
  • Middle Or Junior School: Portola
  • Elementary School #2: LANROA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Lawn, Lot 10000-19999 Sqft, Irregular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Up Slope from Street
  • Lot Size Sq Ft: 14699.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1397.02
  • Tax Lot: 56
  • Tax Tract Number: 21551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2017
Closed on
Feb 21, 2017
Sold by
Feinsod Ethan and The Mandalay Enterprises Revoc
Bought by
Silberstein Michael and Silberstein Julie
Seller's Agent
Patricia Phillips
Equity Union
List Price
$1,345,000
Sold Price
$1,290,000
Premium/Discount to List
-$55,000
-4.09%
Current Estimated Value
$2,334,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,044,911
Avg. Annual Appreciation
7.25%
Original Mortgage
$1,032,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2005
Sold by
Feinsod Ethan
Bought by
Feinsod Ethan and Mandalay Enterprises Revocable

Purchase Details

Closed on
Apr 22, 2003
Sold by
Feinsod Janet Ritchie
Bought by
Feinsod Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.72%

Purchase Details

Closed on
Jul 10, 1997
Sold by
Landesberg Steve and Landesberg Nancy
Bought by
Feinsod Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Average Value
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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
Silberstein Michael $1,290,000 Progressive Title Company
Feinsod Ethan -- --
Feinsod Ethan -- North American Title Co
Feinsod Ethan $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silberstein Michael $1,087,000
Closed Silberstein Michael $1,032,000
Previous Owner Feinsod Ethan $300,000
Previous Owner Feinsod Ethan $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2017 03/07/17 Sold $1,290,000 -4.1% $561 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $1,345,000 -- $585 / 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 $17,977 $1,497,149 $1,197,720 $299,429
2024 $17,977 $1,467,794 $1,174,236 $293,558
2023 $17,627 $1,439,014 $1,151,212 $287,802
2022 $16,826 $1,410,799 $1,128,640 $282,159
2021 $16,636 $1,383,137 $1,106,510 $276,627
2019 $16,203 $1,342,115 $1,073,692 $268,423
2018 $16,100 $1,315,800 $1,052,640 $263,160
2016 $8,103 $660,921 $395,205 $265,716
2015 $7,986 $650,994 $389,269 $261,725
2014 $8,017 $638,243 $381,644 $256,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17034530

California Regional Multiple Listing Service (CRMLS)

APN: 2286-005-011