NOT LISTED FOR SALE

16716 Mccormick St Encino, CA 91436

Estimated Value: $1,088,000 - $2,664,000

3 Beds
2 Baths
1,254 Sq Ft
$1,226/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2015

Last sale price $696,000 $555 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $8,979 / mo

10 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Gaspar De Portola Middle School Rated A-
  • Breakfast Area or Nook
  • 4-minute walk to Sepulveda Garden Center

About This Home

As of August 2015

Great opportunity to purchase a lovely traditional home on a cul-de-sac street tucked in a great pocket of Encino, in the highly rated Encino Elementary Charter School district. This updated 3BR, 2BA house with a detached two-car garage is being offered just in time for summer! Gorgeous gleaming wood floors, newer dual-paned windows, updated bathrooms, and a bright galley kitchen with cheerful breakfast nook and newer stainless steel appliances highlight this turnkey home. Abundant natural light, a smart floor plan, separate laundry room, ample storage, and central air conditioning complete this offering. The huge grassy backyard is a green thumb's paradise, dotted with mature fruit trees and a small fruit/vegetable garden with room to grow. Expand the existing house or enjoy the space as-is, the options are plentiful!

Last Agent to Sell the Property

Eli Karon

Douglas Elliman License #01732369 Listed on: 06/25/2015

Douglas Elliman

Last Buyer's Agent

Sonia Navarro

STLiving, Inc. License #01760735

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 5,980 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2259-024-012

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

5,980 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1254
  • Probate: No
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 514.35

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Private Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2259-024-012
  • Geocode Override: No
  • Lot Size Area: 5980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jul 8, 2015
Sold by
Lampel Erin O
Bought by
Yoo Daniel and Woods James
Seller's Agent
Eli Karon
Douglas Elliman
Buyer's Agent
Sonia Navarro
STLiving, Inc.
List Price
$645,000
Sold Price
$696,000
Premium/Discount to List
$51,000
7.91%
Current Estimated Value
$1,536,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,815
Avg. Annual Appreciation
7.70%
Original Mortgage
$556,800
Outstanding Balance
$435,822
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$1,100,993

Purchase Details

Closed on
Jul 1, 2009
Sold by
Levy Steven
Bought by
Lampel Erin O and Lampel Joshua E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,083
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1997
Sold by
Gershenson Allen E
Bought by
Levy Stevan and Levy Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.23%

Purchase Details

Closed on
Oct 18, 1994
Sold by
Wang Bobo
Bought by
Gershenson Allen E and Gershenson Laura Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
8.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yoo Daniel $696,000 Equity Title Company
Lampel Erin O $545,000 Progressive Title Company
Levy Stevan $210,000 Commonwealth Title
Gershenson Allen E $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoo Daniel $556,800
Previous Owner Lampel Erin O $499,083
Previous Owner Levy Stevan $199,500
Previous Owner Gershenson Allen E $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2015 08/20/15 Sold $696,000 +7.9% $555 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $645,000 -- $514 / 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 $9,968 $823,912 $659,133 $164,779
2024 $9,968 $807,758 $646,209 $161,549
2023 $9,775 $791,921 $633,539 $158,382
2022 $9,321 $776,394 $621,117 $155,277
2021 $9,207 $761,172 $608,939 $152,233
2019 $8,932 $738,598 $590,879 $147,719
2018 $8,872 $724,117 $579,294 $144,823
2016 $8,484 $696,000 $556,800 $139,200
2015 $7,082 $585,341 $366,457 $218,884
2014 $7,108 $573,876 $359,279 $214,597
Source: Public Records

Agents Affiliated with this Home

  • Eli Karon

    Seller's Agent in 2015

    Eli Karon

    Douglas Elliman

    (310) 701-4779

    4 in this area

    147 Total Sales

    Eli Karon
    Section Image

  • S

    Buyer's Agent in 2015

    Sonia Navarro

    STLiving, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 15-909731

The MLS

APN: 2259-024-012

California Los Angeles County Encino 91436

16716 Mccormick St, Encino, CA

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