NOT LISTED FOR SALE

17316 Weddington St Encino, CA 91316

Estimated Value: $5,688,000 - $6,445,000

5 Beds
8 Baths
7,552 Sq Ft
$803/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $3,850,000 $510 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $35,940/month

69 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Filtered Pool
  • Gaspar De Portola Middle School Rated A-
  • Wine Cellar
  • RV Access or Parking

About This Home

As of February 2015

We are proud to offer one of Encino's most Classic & Iconic Landmark Estates. Original owner since 1967. Sited on approx. 54,606 Sq. Ft. of manicured & park-like grounds. Consisting of 3 APNs that go street-to-street with an unparalleled combination of amenities. Located in the heart of Amestoy Estates. A lavish & luxurious blend of “Old Hollywood & Beverly Hills” is felt throughout this approx. 7,552 Sq. Ft. character-rich residence where history and luxury co/exist. Dramatically proportioned rooms with an approx. 1,750 Sq. Ft. entertainer’s “Great Room” featuring 10’ ceilings, walls of glass, classic wet-bar, refrigerated wine cellar, elevator & a grand formal dining area. Often visited by Hollywood movie & television stars & starlets. This former “Design House” has 2 enormous master suites & a 2 room guest/housekeeper suite on the main floor. Completely walled & gated with private parking for dozens of vehicles. The park-like grounds feature a sparkling swimmer’s pool & spa, pool house, N/S night-lighted tennis court & a 2 story, approx 1,610 Sq. Ft. full 2+2 guest house with an attached garage + additional gated parking and Magnolia St. access. The expansion and/or transformation possibilities are endless. This is a rare & remarkable offering.

Last Agent to Sell the Property

Douglas Ross

Berkshire Hathaway HomeServices California Properties License #01010343 Listed on: 09/23/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,982

Year Built

  • Built in 1967

Lot Details

  • 1.25 Acre Lot
  • Wrought Iron Fence
  • Privacy Fence
  • Brick Fence
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Three Garage Doors
  • Garage Door Opener
  • Auto Driveway Gate
  • RV Access or Parking

Home Design

  • Custom Home
  • Georgian Architecture
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Tile Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 7,552 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Custom Window Coverings
  • French Mullion Window
  • Garden Windows
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Walk-In Pantry
  • Water Line To Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Ceramic Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Exercise
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Conventional Septic

Additional Features

  • Guest House
  • Suburban Location

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2955
  • Assessor Parcel Number 2257012014

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,982

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security Lights, Security System
  • View: No
  • Architectural Style: Custom Built, Georgian
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2257012014
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7552.00
  • Interior Amenities: 2 Staircases, Bar, Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceramic Counters, Crown Molding, Elevator, Granite Counters, High Ceilings, Open Floorplan, Copper Plumbing Partial, Pantry, Recessed Lighting, Storage, Stone Counters, Tile Counters, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Service Entrance, Sliding Doors
  • Eating Area: Area, Family Kitchen, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Outside
  • Levels: Two
  • Price Per Square Foot: 509.80
  • Room Type: Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Two Masters, Wine Cellar
  • Spa Features: Gunite, Heated, In Ground, Private
  • Window Features: Custom Covering, Drapes, French/Mullioned, Garden Window(s), Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab, Combination, Raised
  • Other Structures: Guest House, Tennis Court Private
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Brick, Privacy, Wrought Iron
  • Patio And Porch Features: Brick, Covered, Deck
  • Pool Features: Exercise Pool, Filtered, Gunite, Heated, Gas Heat, In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Concrete, Direct Garage Access, Garage, Garage Door Opener, Gated, Private, RV Access/Parking, Garage Faces Side, Garage - Three Door
  • Total Parking Spaces: 28.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Suburban

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Lawn, Landscaped, Irregular Lot, Level with Street, Lot Over 40000 Sqft, Paved, Corner Lot, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Treed Lot, Walkstreet
  • Lot Size Sq Ft: 54606.00
  • Lot Size Acres: 1.2540

Multi Family

  • Lease Considered: No
  • Lot Size Area: 54606.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 2955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Kanani Babak Michael
Bought by
Kanani Babak Michael
Current Estimated Value
$6,065,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,869,000
Outstanding Balance
$2,768,635
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$3,260,097

Purchase Details

Closed on
Dec 5, 2014
Sold by
Campbell Judith
Bought by
Kanani Michael

Purchase Details

Closed on
Mar 31, 2009
Sold by
Anderson Arthur E
Bought by
Anderson Arthur E and Arthur E Anderson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,180,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2009
Sold by
Anderson Arthur E and Arthur E Anderson Living Trust
Bought by
Anderson Arthur E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,180,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2007
Sold by
Anderson Arthur E and Arthur E Anderson Living Trust
Bought by
Anderson Arthur E and Shirley B Anderson Living Trust

Purchase Details

Closed on
Feb 13, 2006
Sold by
Anderson Arthur E
Bought by
Anderson Arthur E and Arthur E Anderson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2003
Sold by
Anderson Arthur E and Arthur E Anderson Living Trust
Bought by
Anderson Arthur E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2003
Sold by
Anderson Arthur E and The Shirley B Anderson Living
Bought by
Anderson Arthur E and The Shirley B Anderson Living 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
Kanani Babak Michael -- Stewart Title
Kanani Michael $3,850,000 Lawyers Title
Anderson Arthur E -- Lawyers Title Company
Anderson Arthur E -- Lawyers Title
Anderson Arthur E -- None Available
Anderson Arthur E -- Accommodation
Anderson Arthur E -- --
Anderson Arthur E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanani Babak Michael $2,869,000
Previous Owner Kanani Michael $5,000,000
Previous Owner Kanani Michael B $2,462,300
Previous Owner Anderson Arthur E $2,180,000
Previous Owner Anderson Arthur E $1,980,000
Previous Owner Anderson Arthur E $500,000
Previous Owner Anderson Arthur E $970,000
Previous Owner Anderson Arthur E $970,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $3,850,000 -12.5% $510 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $4,400,000 -- $583 / 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 $44,982 $3,761,783 $1,682,586 $2,079,197
2024 $44,982 $3,688,024 $1,649,595 $2,038,429
2023 $44,104 $3,615,710 $1,617,250 $1,998,460
2022 $42,042 $3,544,815 $1,585,540 $1,959,275
2021 $41,511 $3,475,309 $1,554,451 $1,920,858
2019 $40,259 $3,372,232 $1,508,347 $1,863,885
2018 $40,072 $3,306,111 $1,478,772 $1,827,339
2016 $38,286 $3,177,732 $1,421,350 $1,756,382
2015 $35,511 $2,937,542 $1,407,572 $1,529,970
2014 $7,957 $617,314 $88,786 $528,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14204811

California Regional Multiple Listing Service (CRMLS)

APN: 2257-012-014