NOT LISTED FOR SALE

16657 Oldham St Encino, CA 91436

Estimated Value: $2,871,000 - $5,987,569

4 Beds
3 Baths
3,496 Sq Ft
$1,389/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,605,000 $459 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $32,578/month

5 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Lanai Road Elementary Rated A
  • Bonus Room with Fireplace
  • Covered Patio or Porch

About This Home

As of October 2020

First time on the market in 63 years! Great location in the hills of Encino in the Lanai Road school district, this mid-century single-story is a major fixer and as such will probably appeal to a builder to tear down and build a new estate. The area has many new multi-million-dollar estates being built, and the lot is approximately 15,775 sq. ft., mostly flat. The hillside at the rear of the property is owned by the neighboring property behind this property. Existing house has 4 bedrooms and 3 Bathrooms, living room, dining room, kitchen, laundry room, humungous bonus room, pool and spa. This is a trust sale and does not require court confirmation. Elderly occupant passed away peacefully on the property. Property is being sold as-is. Seller will make no repairs or give any credits. Seller is a licensed real estate agent.

Last Agent to Sell the Property

Carol Wolfe

Rodeo Realty License #00477745 Listed on: 09/08/2020

Rodeo Realty

Last Buyer's Agent

Carol Wolfe

Rodeo Realty License #00477745 Listed on: 09/08/2020

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,031

Year Built

  • Built in 1957

Lot Details

  • 0.36 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Property is zoned LARE15

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway
  • RV Potential

Home Design

  • Major Repairs Completed
  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,496 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Bonus Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Mirrored Closets Doors
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Lanai Road Elementary School
  • Portola Middle School
  • Birmingham High School

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 18530
  • Assessor Parcel Number 2291014036

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,031

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LARE15
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2291014036
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3496.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Bonus Room, Dining Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 459.10
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room
  • Spa Features: Gunite, In Ground
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Bath(s), Tile Counters, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open, Slab
  • Pool Features: Private, Gunite, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified
  • Elementary School: Lanai Road
  • Middle School: Portola
  • High School: Birmingham
  • Elementary School: Lanai Road
  • High School: Birmingham
  • Middle Or Junior School: Portola
  • Elementary School #2: LANROA
  • High School2: BIRMIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15775.00
  • Lot Size Acres: 0.3621

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15775.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1397.02
  • Tax Lot: 20
  • Tax Tract Number: 18530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Oldham 555 Llc
Bought by
Serazi Family Trust
Current Estimated Value
$4,856,190

Purchase Details

Closed on
Jan 5, 2021
Sold by
Serazi Yacov
Bought by
Oldham 555 Llc

Purchase Details

Listed on
Sep 8, 2020
Closed on
Sep 23, 2020
Sold by
Toomey Teresa and Standefer Qtip Trust
Bought by
Serazi Yacov
Seller's Agent
Carol Wolfe
Rodeo Realty
Buyer's Agent
Carol Wolfe
Rodeo Realty
List Price
$1,499,000
Sold Price
$1,605,000
Premium/Discount to List
$106,000
7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.41%
Original Mortgage
$765,600
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 8, 2020
Closed on
Sep 22, 2020
Sold by
Basson Lilach
Bought by
Serazi Yacov
Seller's Agent
Carol Wolfe
Rodeo Realty
Buyer's Agent
Carol Wolfe
Rodeo Realty
List Price
$1,499,000
Sold Price
$1,605,000
Premium/Discount to List
$106,000
7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2011
Sold by
Toomey Teresa and Houston L Standefer Trust
Bought by
Toomey Teresa and Standefer Qtip 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
Serazi Family Trust -- Dependable Title Services
Oldham 555 Llc -- Accommodation
Serazi Yacov $1,605,000 Progressive Title Company
Serazi Yacov -- Progressive Title Company
Toomey Teresa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serazi Yacov $765,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $1,605,000 +7.1% $459 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $1,499,000 -6.6% $429 / Sq Ft
09/11/2020 09/11/20 Off Market $1,605,000 -- --
09/08/2020 09/08/20 For Sale $1,499,000 -- $429 / 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 $74,031 $6,242,400 $3,121,200 $3,121,200
2024 $74,031 $6,120,000 $3,060,000 $3,060,000
2023 $20,637 $1,669,841 $1,335,873 $333,968
2022 $19,701 $1,637,100 $1,309,680 $327,420
2021 $19,456 $1,605,000 $1,284,000 $321,000
2020 $3,406 $241,781 $73,509 $168,272
2019 $3,290 $237,041 $72,068 $164,973
2018 $3,093 $232,394 $70,655 $161,739
2016 $2,905 $223,371 $67,912 $155,459
2015 $2,866 $220,016 $66,892 $153,124
2014 $2,886 $215,707 $65,582 $150,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20184047

California Regional Multiple Listing Service (CRMLS)

APN: 2291-014-036