NOT LISTED FOR SALE

16653 Morrison St Encino, CA 91436

Estimated Value: $4,198,000 - $4,526,000

6 Beds
6.5 Baths
5,148 Sq Ft
$844/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $4,170,000 $810 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $26,951/month

19 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Heated Spa
  • Gaspar De Portola Middle School Rated A-
  • New Construction
  • 5-minute walk to Sepulveda Garden Center

About This Home

As of October 2023

Welcome to this magnificent new construction home in the prime Encino flats, designed and built by Arzuman Brothers. This stunning residence offers the perfect blend of luxury, craftsmanship, and modern elegance. Step inside and be captivated by the open floor plan that seamlessly integrates the living areas, creating a welcoming and expansive environment. The high ceilings add to the grandeur, while the abundance of natural light enhances the overall ambiance. Indulge your culinary desires in the gourmet kitchen, equipped with top-of-the-line Miele and Thermador appliances, dual center islands for effortless meal preparation, and ample storage space including a walk-in pantry. The backyard is a true oasis, offering a wealth of amenities for outdoor enjoyment. Relax and unwind in the pool and spa, perfect your golf skills on the putting green, or simply unwind by the outdoor gas fireplace. The private backyard is surrounded by lush ficus trees, ensuring privacy and tranquility. One of the standout features of this property is the detached Accessory Dwelling Unit (ADU), complete with a living room, full bathroom, and kitchen. This versatile space can be used as a guest house, office, or gym, providing endless possibilities. Situated in close proximity to Encino Charter Elementary School and conveniently located near shopping, dining, and major freeways, this home combines luxury living with convenience.

Last Agent to Sell the Property

Andrius Vaitkevicius

Arzuman Brothers License #02004084 Listed on: 08/14/2023

Co-Listed By

Arman Arzuman

Arzuman Brothers License #01761120

Last Buyer's Agent

Steven Ejiofor

Equity Union License #01956782

Equity Union

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,819 Sq Ft Lot
  • South Facing Home
  • Irregular Lot
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,148 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Smart Home

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Built-In Trash or Recycling Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Concrete Porch or Patio
  • Outdoor Grill

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Water Heater

Community Details

  • No Home Owners Association
  • Built by Arzuman Brothers

Listing and Financial Details

  • Tax Lot 158
  • Tax Tract Number 14783
  • Assessor Parcel Number 2259006027
  • $267 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Lighting fixtures and movie theatre seats.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2259006027
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5148.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Home Automation System, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Patio
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 810.02
  • Room Type: Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bedroom, Office, Recreation, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Heated
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Builder Name: Arzuman Brothers
  • Patio And Porch Features: Concrete
  • Pool Features: Private, Heated
  • Pool Private: Yes
  • Roof: Asphalt, Shingle
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Range Hood, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Irregular Lot, Sprinkler System
  • Lot Size Sq Ft: 9819.00
  • Lot Size Acres: 0.2254

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9819.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1397.01
  • Tax Lot: 158
  • Tax Tract Number: 14783
  • TaxOtherAnnualAssessmentAmount: 267.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 5, 2023
Sold by
Sell To Ab Llc
Bought by
Lu Paulpeng and He Yiqin
Seller's Agent
Andrius Vaitkevicius
Arzuman Brothers
Buyer's Agent
Steven Ejiofor
Equity Union
List Price
$4,389,000
Sold Price
$4,170,000
Premium/Discount to List
-$219,000
-4.99%
Views
57
Current Estimated Value
$4,343,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,940
Avg. Annual Appreciation
1.87%
Original Mortgage
$2,000,000
Outstanding Balance
$1,958,032
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$2,385,908

Purchase Details

Closed on
Jul 11, 2002
Sold by
Carpenter Ann
Bought by
Carpenter Ann and Carpenter Wade Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Paulpeng $4,170,000 Stewart Title
Carpenter Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Paulpeng $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $4,170,000 -5.0% $810 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $4,389,000 -- $853 / 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 $50,300 $4,253,400 $2,552,040 $1,701,360
2024 $50,300 $4,170,000 $2,502,000 $1,668,000
2023 $17,095 $1,402,500 $1,122,000 $280,500
2022 $1,603 $114,629 $44,558 $70,071
2021 $1,576 $112,383 $43,685 $68,698
2019 $1,532 $109,052 $42,391 $66,661
2018 $1,489 $106,914 $41,560 $65,354
2016 $1,407 $102,765 $39,948 $62,817
2015 $1,389 $101,222 $39,348 $61,874
2014 $1,405 $99,240 $38,578 $60,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23151307

California Regional Multiple Listing Service (CRMLS)

APN: 2259-006-027