NOT LISTED FOR SALE

16701 Bajio Ct Encino, CA 91436

Estimated Value: $8,123,000 - $9,452,000

6 Beds
8 Baths
9,000 Sq Ft
$974/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $7,975,000 $886 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $57,458/month

32 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Gated Parking
  • Lanai Road Elementary Rated A
  • Primary Bedroom Suite
  • 27,660 Sq Ft lot

About This Home

As of August 2021

Set behind gates this bespoke home provides ample privacy & exclusivity. Boasting ~9,000 sq ft of unparalleled luxury & exquisite finishes this home has every 1st class amenity imaginable. Custom built with immaculate design, the open concept home features 6 bdrms, 8 bthrms, a dining room, multiple living rooms, lounge, bar, movie theatre, & butler's pantry. The luminous kitchen w/ top-of-the-line appliances, beautiful cabinetry & a motorized window that opens to the backyard flows seamlessly into the great room w/ a custom floor-to-ceiling entertainment wall. From this great room, motorized glass doors vanish allowing flawless indoor/outdoor living. On the 2nd floor, double doors open revealing the Master Suite w/a sitting room, 2 fireplaces, 2 spacious walk-in closets & 2 separate bthrms. The exceptional outdoor space hosts a tranquil pool w/ a water feature along the back wall edge, a spa with an add'l waterfall feature& outdoor kitchen. Secured & operated by an Elan Smart System.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 06/25/2021

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Jacob Greene

Douglas Elliman of California, Inc. License #01933997

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,533

Year Built

  • Built in 2016

Lot Details

  • 0.63 Acre Lot
  • Gated Home
  • Property is zoned LARE15

Parking

  • 3 Car Garage
  • Driveway
  • Gated Parking
  • Guest Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 9,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • High Ceiling
  • Entryway
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Bonus Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Two Primary Bathrooms
  • 8 Full Bathrooms
  • Bathtub with Shower
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System

Pool

  • In Ground Pool
  • Spa
  • Waterfall Pool Feature

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2291-009-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,533

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 9000
  • Stories: 2
  • Year Built: 2016
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Built-Ins, Bar, Open Floor Plan
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Exterior, Great Room
  • Flooring: Hardwood, Stone, Tile
  • Appliances: Built-Ins, Oven, Range
  • Bedrooms: 6
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Shower and Tub, Steam Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, In Kitchen, Kitchen Island
  • Kitchen Features: Island, Stone Counters
  • Laundry: Room, Laundry Area, Inside
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Built-Ins, Barbeque, Alarm System, Freezer, Dryer, Dishwasher, Hood Fan, Washer, Refrigerator, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 943.89

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Custom Built, Barbecue Private
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Waterfall, In Ground, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Driveway, Gated, Garage - 3 Car, Parking for Guests, Private
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Exterior Security Lights

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2291-009-006
  • Lot Size Area: 27660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 5, 2021
Sold by
Tumbleweed Dust Llc
Bought by
Karlin Michael D and The Gold Trust
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Jacob Greene
Douglas Elliman of California, Inc.
List Price
$8,495,000
Sold Price
$7,975,000
Premium/Discount to List
-$520,000
-6.12%
Total Days on Market
32
Current Estimated Value
$8,768,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,275
Avg. Annual Appreciation
2.53%
Original Mortgage
$5,025,000
Outstanding Balance
$4,575,266
Interest Rate
2.23%
Mortgage Type
New Conventional
Estimated Equity
$4,193,009

Purchase Details

Listed on
Nov 20, 2018
Closed on
Sep 27, 2018
Sold by
Sugar Michel and Sugar Lauren Wall
Bought by
Tumbleweed Dust Llc
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
Buyer's Agent
Dianna Dingman
Keller Williams Westlake Village
List Price
$7,000,000
Sold Price
$6,750,000
Premium/Discount to List
-$250,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$4,720,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jan 26, 2017
Sold by
16701 Bajio Llc
Bought by
Sugar Michael and Sugar Lauren Wall
Seller's Agent
Oren Mordkowitz
Pinnacle Estate Properties, Inc.
List Price
$5,729,000
Sold Price
$5,550,000
Premium/Discount to List
-$179,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$3,885,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2015
Sold by
Freeman Roger P and Freeman Felice R
Bought by
16701 Bajio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
3.81%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Karlin Michael D $7,975,000 Fidelity National Title
Tumbleweed Dust Llc $6,750,000 Priority Title
Sugar Michael $5,550,000 Fidelity National Title Co
16701 Bajio Llc $1,750,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karlin Michael D $5,025,000
Previous Owner Tumbleweed Dust Llc $4,660,000
Previous Owner Tumbleweed Dust Llc $4,720,000
Previous Owner Sugar Michael $3,885,000
Previous Owner 16701 Bajio Llc $2,900,000
Previous Owner Freeman Roger P $750,000
Previous Owner Freeman Roger P $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $7,975,000 -6.1% $886 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $8,495,000 +25.9% $944 / Sq Ft
11/20/2018 11/20/18 Sold $6,750,000 -3.6% $836 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $7,000,000 +26.1% $867 / Sq Ft
03/08/2017 03/08/17 Sold $5,550,000 -3.1% $687 / Sq Ft
01/22/2017 01/22/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $5,729,000 -- $709 / Sq Ft
Source: The MLS

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
2024 $100,533 $8,297,189 $4,148,074 $4,149,115
2023 $98,557 $8,134,500 $4,066,740 $4,067,760
2022 $93,948 $7,975,000 $3,987,000 $3,988,000
2021 $84,248 $7,089,190 $3,478,164 $3,611,026
2020 $84,722 $6,982,300 $3,442,500 $3,539,800
2019 $80,164 $6,750,000 $3,375,000 $3,375,000
2018 $67,857 $5,661,000 $2,601,000 $3,060,000
2016 $21,072 $1,750,000 $1,700,000 $50,000
2015 $2,355 $176,621 $78,314 $98,307
2014 -- $173,162 $76,780 $96,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-753330

The MLS

APN: 2291-009-006