NOT LISTED FOR SALE

17085 Rancho St Encino, CA 91316

Estimated Value: $7,772,000 - $9,967,726

7 Beds
8 Baths
10,600 Sq Ft
$816/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $8,253,000 $779 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $56,326/month

21 Days on Market

Highlights

  • Detached Guest House
  • Home Theater
  • 67,058 Sq Ft lot
  • Gaspar De Portola Middle School Rated A-
  • In Ground Pool
  • 5-minute walk to Encino Park

About This Home

As of October 2017

Noted developers perfectly honored the famed music legend "Smokey Robinson Estate " with a thoughtful renovation and expansion, crafting the ultimate trophy residence with unparalleled grace, and grandeur that matches Smokey's inimitable style. Grand private gates open to reveal a deep circular drive framing a symmetrical boxwood topiary garden, a timeless classic Southern Colonial faade in the distance, towering historic oak trees, and covered porches. The main residence now offers 7 bedrooms, with three en suites adjacent to the spectacular master suite, which has an apx. 800sf exterior balcony to overlook the entire property, with no neighbors in sight. Eight fireplaces, formal living and dining, state-of-the-art open kitchen, a home theater, library, and two powder rooms create ideal public space. Grounds offer a brand new pool, a lovely picnic gazebo, a running creek, and a newly built 1600sf guest house.

Last Agent to Sell the Property

Craig Knizek

The Agency License #01377932 Listed on: 07/31/2017

The Agency

Co-Listed By

Andrea Korchek

The Agency License #01311917

Last Buyer's Agent

Mauricio Umansky

The Agency License #01222825

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,349

Year Built

  • Built in 1912

Lot Details

  • 1.54 Acre Lot
  • Property is zoned LARA

Parking

  • 4 Covered Spaces

Home Design

  • Colonial Architecture

Interior Spaces

  • 10,600 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • 8 Fireplaces
  • Great Room with Fireplace
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library with Fireplace
  • Bonus Room
  • Center Hall
  • Attic Fan
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 8 Full Bathrooms
  • Fireplace in Bathroom

Pool

  • In Ground Pool
  • In Ground Spa

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2289-008-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,349

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Colonial
  • Street Number Display: Yes
  • Living Area: 10600
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bath, Family Room, Great Room, Guest House, Library, Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 7
  • Fireplaces: 8
  • Full Bathroom: 8
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Attic Fan
  • Fireplace: Yes
  • Price Per S Q F T: 825.47

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 2289-008-021
  • Geocode Override: No
  • Lot Size Area: 67058

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Sep 26, 2017
Sold by
Rancho Blles Llc
Bought by
Umansky Mauricio Simon and Umansky Kyle Egan Richards
Seller's Agent
Craig Knizek
The Agency
Buyer's Agent
Mauricio Umansky
The Agency
List Price
$8,750,000
Sold Price
$8,253,000
Premium/Discount to List
-$497,000
-5.68%
Current Estimated Value
$8,651,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,242
Avg. Annual Appreciation
0.60%
Original Mortgage
$5,364,450
Outstanding Balance
$4,378,716
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,272,526

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jul 28, 2016
Sold by
Greenfeld Michael Howard
Bought by
Rancho Bliss Llc
Seller's Agent
Craig Knizek
The Agency
Buyer's Agent
Craig Knizek
The Agency
List Price
$4,495,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,245,000
-27.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.12%
Original Mortgage
$1,625,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2007
Sold by
Greenfeld Michael H and Greenfeld Judith M
Bought by
Greenfeld Michael Howard

Purchase Details

Closed on
Mar 12, 2002
Sold by
Robinson William and The William Robinson Jr Living
Bought by
Greenfield Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,609,900
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2001
Sold by
Robinson William
Bought by
Robinson William and The William Robinson Jr Living Trust
Source: Public Records

Range of Values:

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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
Umansky Mauricio Simon $8,253,000 Fidelity Sherman Oaks
Rancho Bliss Llc $3,250,000 Fidelity Sherman Oaks
Greenfeld Michael Howard -- Fidelity National Title Co
Greenfeld Michael Howard -- None Available
Greenfield Michael H $2,300,000 Commerce Title Company
Robinson William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umansky Mauricio Simon $2,500,000
Open Umansky Mauricio Simon $5,364,450
Previous Owner Rancho Bliss Llc $3,800,000
Previous Owner Greenfeld Michael Howard $1,625,000
Previous Owner Greenfeld Michael Howard $750,000
Previous Owner Greenfeld Michael H $1,100,000
Previous Owner Greenfield Michael H $1,609,900
Previous Owner Robinson William $1,575,000
Closed Greenfield Michael H $229,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $8,253,000 -5.7% $779 / Sq Ft
07/31/2017 07/31/17 For Sale $8,750,000 +169.2% $825 / Sq Ft
08/16/2016 08/16/16 Sold $3,250,000 -9.6% $496 / Sq Ft
04/22/2016 04/22/16 Price Changed $3,595,000 -5.4% $548 / Sq Ft
03/15/2016 03/15/16 Price Changed $3,800,000 -5.0% $580 / Sq Ft
09/24/2015 09/24/15 Price Changed $3,999,999 -11.0% $610 / Sq Ft
06/18/2015 06/18/15 For Sale $4,495,000 -- $686 / 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
2025 $111,349 $9,390,500 $3,701,356 $5,689,144
2024 $111,349 $9,206,374 $3,628,781 $5,577,593
2023 $109,156 $9,025,858 $3,557,629 $5,468,229
2022 $104,022 $8,848,881 $3,487,872 $5,361,009
2021 $102,773 $8,675,375 $3,419,483 $5,255,892
2019 $99,660 $8,418,060 $3,318,060 $5,100,000
2018 $99,316 $8,253,000 $3,253,000 $5,000,000
2016 $35,869 $2,974,231 $2,495,874 $478,357
2015 $35,341 $2,929,556 $2,458,384 $471,172
2014 $35,463 $2,872,171 $2,410,228 $461,943
Source: Public Records

Agents Affiliated with this Home

  • Craig Knizek

    Seller's Agent in 2017

    Craig Knizek

    The Agency

    (818) 618-1006

    37 in this area

    121 Total Sales

    Craig Knizek
    Section Image
  • Andrea Korchek

    Seller Co-Listing Agent in 2017

    Andrea Korchek

    The Agency

    (818) 371-0933

    8 in this area

    71 Total Sales

    Andrea Korchek
    Section Image
  • Mauricio Umansky

    Buyer's Agent in 2017

    Mauricio Umansky

    The Agency

    (424) 230-3701

    5 in this area

    70 Total Sales

    Mauricio Umansky
    Section Image
  • William Rose

    Seller Co-Listing Agent in 2016

    William Rose

    The Agency

    (310) 650-2999

    2 in this area

    109 Total Sales

    William Rose
    Section Image
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Map

Source: The MLS

MLS Number: 17-256350

The MLS

APN: 2289-008-021

California Los Angeles County Encino 91316

17085 Rancho St, Encino, CA

This home is located at 17085 Rancho St, Encino, CA 91316 since 31 July 2017 and is currently estimated at $8,651,242, approximately $816 per square foot. This property was built in 1912. 17085 Rancho St is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Encino Charter Elementary, and Birmingham Community Charter High.

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