NOT LISTED FOR SALE

17126 Otsego St Encino, CA 91316

Estimated Value: $5,645,000 - $7,551,000

5 Beds
5 Baths
6,292 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $6,329,000 $1,006 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $43,264/month

87 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • 0.58 Acre Lot
  • Gaspar De Portola Middle School Rated A-
  • View of Trees or Woods
  • Fireplace in Primary Bedroom

About This Home

As of October 2022

An unexpected and spectacular sprawling estate. Tucked away in the sought after Amestoy Estates area of Encino a private retreat of your dreams. The home is filled with custom European details and fixtures, many sourced and imported by the family that built it. Effortless luxury and privacy, with five bedrooms, five bathrooms. The ultimate entertainer's haven, filled with beautiful touches everywhere. Open kitchen/family room of your dreams creates the center of the house, a library/media room with beautiful built-ins and large scale pocket doors provides a place to find seclusion or watch a movie, a stunning living room looking out on the property with a wall of grand style doors opening to the loggia to entertain your guests with, and two separate offices allow privacy and quiet space. Topping this all off is a copper-roofed greenhouse style dining room that will melt you, with walls of doors that lead out to the outdoor living spaces and pool. A fantastic combination of private spaces and an open floor plan is perfect for modern residents. Thick arched entries of curved millwork, separate the main rooms, lending a substantial feel and charm. Adding to that are the real Walnut wide plank floors and the custom windows and doors throughout. This home exudes style and sophistication while boasting the perfect floor plan for all lifestyles.

Last Agent to Sell the Property

Ingrid Sacerio

The Agency License #01905431 Listed on: 06/21/2022

The Agency

Last Buyer's Agent

James Harris

Carolwood Estates License #01909801

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,070

Year Built

  • Built in 2005

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 75x338
  • Cul-De-Sac
  • Fenced Yard
  • Gated Home
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned LARA

Parking

  • 2 Car Garage
  • Circular Driveway
  • Automatic Gate

Property Views

  • Woods
  • Pool
  • Courtyard

Home Design

  • French Architecture
  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 6,292 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • 5 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Property is located within a water district

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 2258-011-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,070

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: French
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6292
  • Lot Acreage: 0.5845
  • Lot Dimensions: 75x338
  • Stories: 2
  • Year Built: 2005
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Pre-wired for high speed Data, Pre-wired for surround sound, Pull Down Stairs to Attic, Recessed Lighting, High Ceilings (9 Feet+), Storage Space, Built-Ins, Cathedral-Vaulted Ceilings, Turnkey, Crown Moldings
  • Fireplace Rooms: Family Room, Library, Master Bedroom, Patio
  • Flooring: Hardwood, Stone Tile
  • Appliances: Built-In BBQ, Oven-Gas, Range, Range Hood, Microwave, Built-Ins
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Master Retreat, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath, Fiberglass Shower Enclosure, Linen Closet, Shower and Tub, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Family Kitchen, Formal Dining Rm
  • Kitchen Features: Gourmet Kitchen, Open to Family Room, Pantry, Island, Marble Counters
  • Laundry: Room, On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Washer, Recirculated Exhaust Fan, Refrigerator, Built-Ins, Central Vacuum
  • Fireplace: Yes
  • Price Per S Q F T: 1111.73
  • Windows: Double Pane Windows, Skylights, French Windows

Exterior Features

  • Other Features: Balcony, Custom Built, French Doors, High Ceilings (9 Feet+), Full Copper Plumbing, Sprinkler System, Service Entrance, Rain Gutters
  • Other Structures: None
  • Pool Description: In Ground, Heated And Filtered
  • Pool: Yes
  • Spa Yn: No
  • View: Trees/Woods, Tree Top, Pool, Courtyard
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Driveway, Auto Driveway Gate, Circular Driveway
  • Total Parking: 6

Utilities

  • Cooling: Central, Air Conditioning, Multi/Zone
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2258-011-012
  • Lot Description: Automatic Gate, Back Yard, Front Yard, Fenced Yard, Gutters, Lawn, Street Lighting, Lot-Level/Flat
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 25461

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Oct 18, 2022
Sold by
Parnes David and Parnes Adrian
Bought by
17126 Otsego Llc
Seller's Agent
Ingrid Sacerio
The Agency
Buyer's Agent
James Harris
Carolwood Estates
List Price
$7,295,000
Sold Price
$6,329,000
Premium/Discount to List
-$966,000
-13.24%
Views
23
Current Estimated Value
$6,759,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,329
Avg. Annual Appreciation
2.33%
Original Mortgage
$4,746,750
Outstanding Balance
$4,525,420
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$2,233,909

Purchase Details

Listed on
Jun 21, 2022
Closed on
Sep 19, 2022
Sold by
Goldsmith-James 2011 Trust
Bought by
Parnes David and Abnosi Adrian
Seller's Agent
Ingrid Sacerio
The Agency
Buyer's Agent
James Harris
Carolwood Estates
List Price
$7,295,000
Sold Price
$6,329,000
Premium/Discount to List
-$966,000
-13.24%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,746,750
Outstanding Balance
$4,525,420
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$2,233,909

Purchase Details

Closed on
Jul 12, 2011
Sold by
Goldsmith Edward and Goldsmith James Lara
Bought by
Goldsmith Edward Michael and James Lara

Purchase Details

Closed on
Oct 1, 2002
Sold by
Levey Michael S and Levey Val K
Bought by
Goldsmith Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.89%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Ng Trust Levey Jerome F And Elsie Revocable and Levey Val K
Bought by
Levey Val K
Source: Public Records

Range of Values:

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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
17126 Otsego Llc -- --
Parnes David $6,329,000 Fidelity National Title
Goldsmith Edward Michael -- None Available
Goldsmith Edward $821,000 California Title Company
Levey Val K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parnes David $4,746,750
Previous Owner Goldsmith Edward Michael $1,350,000
Previous Owner Goldsmith Edward Michael $500,000
Previous Owner Goldsmith Edward Michael $1,200,000
Previous Owner Goldsmith Edward $590,661
Previous Owner Goldsmith Edward M $500,000
Previous Owner Goldsmith Edward $633,963
Previous Owner Goldsmith Edward M $150,000
Previous Owner Goldsmith Edward $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $6,329,000 -9.5% $1,006 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $6,995,000 -4.1% $1,112 / Sq Ft
06/21/2022 06/21/22 For Sale $7,295,000 -- $1,159 / 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 $78,070 $6,584,691 $3,953,520 $2,631,171
2024 $78,070 $6,455,580 $3,876,000 $2,579,580
2023 $81,533 $6,329,000 $3,800,000 $2,529,000
2022 $23,648 $1,976,245 $1,100,025 $876,220
2021 $23,335 $1,937,496 $1,078,456 $859,040
2019 $22,635 $1,880,030 $1,046,469 $833,561
2018 $22,494 $1,843,167 $1,025,950 $817,217
2016 $21,466 $1,771,597 $986,112 $785,485
2015 $21,151 $1,744,987 $971,300 $773,687
2014 $21,219 $1,710,806 $952,274 $758,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-170255

The MLS

APN: 2258-011-012