NOT LISTED FOR SALE

16430 Westfall Place Encino, CA 91436

Estimated Value: $3,895,000 - $4,852,206

4 Beds
4 Baths
3,731 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $1,450,000 $389 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $25,281/month

21 Days on Market

Highlights

  • Private Pool
  • All Bedrooms Downstairs
  • Open Floorplan
  • Lanai Road Elementary Rated A-
  • 0.7 Acre Lot
  • Valley View

About This Home

As of September 2014

Light fixer located in the highly sought after Lanai School District. Set back from the street by a long, gated driveway, this view home offers peace and tranquility. The formal entry leads to an open and flowing floor plan. Step-down living room with gorgeous city views and fireplace, formal dining room accommodates large family gatherings, spacious family room with fireplace opens up to the back and side yards with kids play area. Kitchen features granite counters, stainless steel appliances and breakfast area. Large master bedroom with gorgeous bathroom with oversized spa tub, granite counters and tons of closet space. Three additional bedrooms, two of which are en suite. Entertainers backyard with sparkling pool and spa, valley and mountain views, large covered brick patio and grassy areas. The garage has been legally converted to a play room/office area. Great location, easy Westside access, great family home!

Last Agent to Sell the Property

Jennifer Veigel

RE/MAX Plaza Realty License #01132313 Listed on: 06/24/2014

RE/MAX Plaza Realty

Co-Listed By

Kevin Grant

RE/MAX Plaza Realty License #01213308

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.7 Acre Lot
  • Irregular Lot

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 3,731 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Valley Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Converted Garage
  • Parking Available
  • Automatic Gate

Pool

  • Private Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 19629
  • Assessor Parcel Number 2293004027

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0.7 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2293004027
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3731.00
  • Interior Amenities: Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 388.64
  • Room Type: All Bedrooms Down
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • View: Valley
  • Patio And Porch Features: Brick, Covered
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Converted Garage, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Irregular Lot, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 30415.00
  • Lot Size Acres: 0.6980

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30415.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 19629

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2017
Sold by
Khaila Neima and Barhaghi Cena
Bought by
16430 Westfall Place Llc
Current Estimated Value
$4,404,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,371,400
Outstanding Balance
$1,974,129
Interest Rate
4.05%
Mortgage Type
Commercial
Estimated Equity
$2,430,606

Purchase Details

Listed on
Jun 24, 2014
Closed on
Aug 28, 2014
Sold by
Groseclose Timothy and Groseclose Victoria
Bought by
Khaila Neima and Barhaghi Cena
Seller's Agent
Jennifer Veigel
RE/MAX Plaza Realty
List Price
$1,725,000
Sold Price
$1,450,000
Premium/Discount to List
-$275,000
-15.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$1,160,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 19, 2003
Sold by
Shemirani Masoud and Arabshahi Mitra
Bought by
Groseclose Timothy and Groseclose Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
16430 Westfall Place Llc -- None Available
Khaila Neima -- Wfg
Groseclose Timothy -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16430 Westfall Place Llc $2,371,400
Previous Owner Khaila Neima $1,160,000
Previous Owner Groseclose Timothy $600,000
Closed Groseclose Timothy $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $1,450,000 -15.9% $389 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $1,725,000 -- $462 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,886 $2,649,704 $1,160,584 $1,489,120
2024 $31,886 $2,597,750 $1,137,828 $1,459,922
2023 $32,269 $2,546,815 $1,115,518 $1,431,297
2022 $30,604 $2,496,879 $1,093,646 $1,403,233
2021 $22,535 $1,859,882 $1,072,202 $787,680
2019 $21,690 $1,804,718 $1,040,400 $764,318
2018 $19,455 $1,531,583 $1,225,267 $306,316
2016 $17,959 $1,472,112 $1,177,690 $294,422
2015 $17,698 $1,450,000 $1,160,000 $290,000
2014 $16,183 $1,299,005 $953,147 $345,858
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14060575

California Regional Multiple Listing Service (CRMLS)

APN: 2293-004-027

Your Personal Tour Guide

Ask me questions while you tour the home.