NOT LISTED FOR SALE

16506 Otsego St Encino, CA 91436

Estimated Value: $1,522,000 - $2,061,000

4 Beds
3.5 Baths
2,739 Sq Ft
$655/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $1,100,000 $402 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,796/month

18 Days on Market

Highlights

  • Private Pool
  • Fireplace in Primary Bedroom
  • Lawn
  • Gaspar De Portola Middle School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of January 2023

WOW!! Incredible opportunity with so many possibilities! This beauty has so much potential with an ideal floorplan! Adjacent to Encino Woods with a cul-de-sac location puts you in one of the best neighborhoods. Step inside this 2 story Regency style time capsule home. The lower level has a huge open living room with a cozy fireplace and views to a dreamy pool in the backyard. A separate dining room with a glitzy super cool wet bar and a nice sized family room that connects with the kitchen… all with views and access to the pool area. You can imagine glamorous parties here from days gone by! All rooms have tons of light streaming through and walls of glass looking out onto the stunning backyard. Downstairs to the left is a 1 bedroom 1 bath suite to use as a work-from home office, guest room or whatever your heart desires…its perfect! A half bath powder room for guests, an eat in kitchen area and a separate large laundry room round out the bottom floor. Upstairs and to the left is a huge primary suite with a fireplace, walk-in closet, ensuite bathroom…don’t miss the 2 extra large closets! Upstairs and to the right are two ample sized bedrooms both with plenty of closet space and a double sink full bath that both bedrooms can share. This property has a modern desirable layout with great bones and tons of light everywhere! Outside the backyard flows with access from all the entertaining rooms downstairs. A beautiful pool with a covered patio area, well-manicured privacy bushes and your own citrus fruit tree…its quite lovely! The home has a huge driveway with an attached 3-car garage and storage bins above. This property gives you the chance to create your own masterpiece…imagine your very own phenomenal estate in this fabulous much desired Encino area! Moments to the shops and restaurants of Ventura Blvd. Easy access to the Westside with the 101 and 405 freeways nearby. Desirable location and potential galore!

Last Agent to Sell the Property

Patricia Fluhr

Berkshire Hathaway Home Serv. License #02002277 Listed on: 12/08/2022

Berkshire Hathaway Home Serv.

Last Buyer's Agent

Donna D'Aurio

Berkshire Hathaway HomeServices California Properties License #02012908

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,891

Year Built

  • Built in 1966

Lot Details

  • 7,152 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Lawn
  • Property is zoned LAR1

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,739 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 28062
  • Assessor Parcel Number 2259016029
  • $427 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,891

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2259016029
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2739.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 401.61
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Microwave, Refrigerator
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Lawn
  • Lot Size Sq Ft: 7152.00
  • Lot Size Acres: 0.1642

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7152.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1397.01
  • Tax Lot: 20
  • Tax Tract Number: 28062
  • TaxOtherAnnualAssessmentAmount: 427.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Mar 3, 2023
Sold by
Borsakian Benny B
Bought by
Benny B Borsakian Trust
Seller's Agent
Patricia Fluhr
Berkshire Hathaway Home Serv.
Buyer's Agent
Donna D'Aurio
Berkshire Hathaway HomeServices California Properties
List Price
$1,650,000
Sold Price
$1,100,000
Premium/Discount to List
-$550,000
-33.33%
Views
20
Current Estimated Value
$1,793,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,483
Avg. Annual Appreciation
19.00%

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 3, 2023
Sold by
Tahmoush Irrevocable Trust
Bought by
Borsakian Benny
Seller's Agent
Patricia Fluhr
Berkshire Hathaway Home Serv.
Buyer's Agent
Donna D'Aurio
Berkshire Hathaway HomeServices California Properties
List Price
$1,650,000
Sold Price
$1,100,000
Premium/Discount to List
-$550,000
-33.33%
Views
20

Purchase Details

Closed on
Aug 8, 2015
Sold by
Tahmoush Linda A
Bought by
Tahmoush Michael L and The Tahmoush Irrevocable Trust
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
Benny B Borsakian Trust -- --
Borsakian Benny $1,100,000 California Title Company
Tahmoush Michael L -- None Available
Tahmoush Linda A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $1,100,000 -33.3% $402 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $1,650,000 -- $602 / 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 $16,891 $1,404,540 $1,040,400 $364,140
2024 $16,891 $1,377,000 $1,020,000 $357,000
2023 $2,643 $189,389 $55,650 $133,739
2022 $2,531 $185,676 $54,559 $131,117
2021 $2,484 $182,037 $53,490 $128,547
2019 $2,415 $176,639 $51,904 $124,735
2018 $2,295 $173,177 $50,887 $122,290
2016 $2,163 $166,455 $48,912 $117,543
2015 $2,134 $163,956 $48,178 $115,778
2014 $2,148 $160,746 $47,235 $113,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF22251127

California Regional Multiple Listing Service (CRMLS)

APN: 2259-016-029