NOT LISTED FOR SALE

16540 Oldham St Encino, CA 91436

Estimated Value: $2,327,000 - $2,526,000

4 Beds
5 Baths
2,907 Sq Ft
$838/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $2,225,000 $765 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $14,762/month

38 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • City Lights View
  • Wood Flooring
  • Lanai Road Elementary Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of September 2024

Welcome to your new sanctuary, ideally situated south of Ventura Blvd in the hills of Encino in the highly sought after Lanai Road School District. This stunning traditional home boasts updated finishes throughout, seamlessly blending modern elegance with timeless charm. Step inside and be greeted by an inviting atmosphere, where every detail has been meticulously curated and upgraded for comfort and style. The spacious living areas feature abundant natural light, creating a warm and welcoming ambiance for gatherings with family and friends. The heart of the home is the beautifully appointed kitchen, complete with top-of-the-line appliances, namely, a Viking Professional 48" Stove with 6 burners, custom cabinetry, and quartz countertops. Whether you're a culinary enthusiast or simply enjoy hosting dinner parties, this open kitchen is sure to inspire your inner chef. Escape to the luxurious master suite, where relaxation awaits. Unwind in the spa-like ensuite bathroom, featuring a soaking tub, dual vanities, and a separate shower. Three additional bedrooms provide ample space for family members or guests, each offering comfort and privacy. Please note the 4th bedroom is used as a den. A highlight of this exceptional property is the converted 2-car garage, transformed into a state-of-the-art gym. Stay active and fit without ever leaving the comfort of home, with plenty of room with foam matted flooring and commercial grade gym equipment. Outside, discover your own private oasis, complete with a beautifully landscaped backyard and a patio area perfect for al fresco dining or to enjoy the California sunshine. The solar heated swimming pond is perfect for those summer days when you want to cool off. That, with the amazing backdrop of the mature trees and lush greenery, this serene retreat offers the perfect backdrop for relaxation, entertainment and privacy. Conveniently located just a short drive to nearby shopping, dining, and entertainment options, as well as top-rated schools, this home offers the perfect blend of luxury and lifestyle. Don't miss your opportunity to experience the best of Encino living, schedule your private showing today!

Last Agent to Sell the Property

Lizeth Chicas

Coldwell Banker Realty License #02177620 Listed on: 06/11/2024

Coldwell Banker Realty

Co-Listed By

Mark Goldsmith

Coldwell Banker Realty License #01031230

Last Buyer's Agent

Jeff Yarbrough

Keller Williams Beverly Hills License #01341959

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 139x178
  • Property is zoned LARE15

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Driveway

Property Views

  • Pond
  • Skyline
  • Hills

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,907 Sq Ft Home
  • 1-Story Property
  • Den
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Solar Heated In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2293-001-038

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2907
  • Lot Acreage: 0.3295
  • Lot Dimensions: 139x178
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Porcelain
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Garbage Disposal, Alarm System, Range/Oven, Refrigerator, Dishwasher, Dryer, Washer, Microwave
  • Price Per S Q F T: 789.47

Exterior Features

  • Other Structures: None
  • Pool Description: Solar Heat
  • Pool: Yes
  • Spa Yn: No
  • View: City, City Lights, Hills, Pond, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Attached, Driveway, Direct Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 2293-001-038
  • Lot Size Area: 14353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 27, 2024
Sold by
Farzan Joshua
Bought by
Aram Pedram and Zabetian Azadeh
Seller's Agent
Lizeth Chicas
Coldwell Banker Realty
Buyer's Agent
Jeff Yarbrough
Keller Williams Beverly Hills
List Price
$2,395,000
Sold Price
$2,225,000
Premium/Discount to List
-$170,000
-7.1%
Views
93
Current Estimated Value
$2,435,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,056
Avg. Annual Appreciation
6.81%
Original Mortgage
$2,000,000
Outstanding Balance
$1,972,514
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$462,542

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 18, 2018
Sold by
Shadsirat Chanel
Bought by
Farzan Joshua
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,699,000
Sold Price
$1,635,000
Premium/Discount to List
-$64,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,208,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 11, 2018
Sold by
Sauer Benjamin and Sauer Edna
Bought by
Farzan Joshua
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,699,000
Sold Price
$1,635,000
Premium/Discount to List
-$64,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,208,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2016
Sold by
Sauer Benjamin and Sauer Edna
Bought by
Sauer Benjamin and Sauer Edna

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
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2009
Sold by
Sauer Benjamin and Sauer Edna
Bought by
Sauer Benjamin and Sauer Edna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aram Pedram $2,225,000 Equity Title Company
Farzan Joshua -- Priority Title
Farzan Joshua $1,635,000 Priority Title
Sauer Benjamin -- Priority Title
Sauer Benjamin -- Priority Title
Sauer Benjamin -- None Available
Sauer Benjamin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aram Pedram $2,000,000
Previous Owner Farzan Joshua $1,208,000
Previous Owner Sauer Benjamin $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $2,225,000 0.0% $765 / Sq Ft
08/18/2024 08/18/24 Off Market $2,225,000 -- --
08/07/2024 08/07/24 Price Changed $2,295,000 -4.2% $789 / Sq Ft
07/30/2024 07/30/24 For Sale $2,395,000 0.0% $824 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/18/2024 07/18/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $2,395,000 +46.5% $824 / Sq Ft
08/07/2018 08/07/18 Sold $1,635,000 -3.8% $562 / Sq Ft View Prior Sale
06/08/2018 06/08/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $1,699,000 -- $584 / Sq Ft
Source: The MLS

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 $22,068 $2,225,000 $1,770,500 $454,500
2024 $22,068 $1,788,107 $1,421,629 $366,478
2023 $21,642 $1,753,047 $1,393,754 $359,293
2022 $20,659 $1,718,675 $1,366,426 $352,249
2021 $20,408 $1,684,977 $1,339,634 $345,343
2019 $19,801 $1,635,000 $1,299,900 $335,100
2018 $6,580 $518,957 $188,266 $330,691
2016 $6,257 $498,806 $180,956 $317,850
2015 $6,168 $491,314 $178,238 $313,076
2014 $6,195 $481,691 $174,747 $306,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-401775

The MLS

APN: 2293-001-038