NOT LISTED FOR SALE

17980 Medley Dr Encino, CA 91316

Estimated Value: $2,498,670 - $3,178,000

5 Beds
4.5 Baths
3,691 Sq Ft
$767/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $1,750,000 $474 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $16,866/month

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Gaspar De Portola Middle School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of June 2017

A double-door entry leads into this dramatic and open-flowing, light and bright single-story 5 bedroom Contemporary in the highly desirable and private community of Lake Encino. Architectural details include marble and wood floors, crown moldings, coffered ceilings, and recessed lights. The primary entertaining area features a formal entry, a spacious step-down living room with a gas-burning fireplace, a generously sized family room with vaulted ceiling, corner wet bar and fireplace, an oversized formal dining room, and an expanded granite kitchen with a 6-burner gas cooktop, Viking ovens, pantry and breakfast area. The bedroom wing is highlighted by a tastefully appointed master suite that includes a marble bath with dual sinks plus spa tub and an ample walk-in closet. There are Jack-and-Jill bedrooms with a remodeled bath, an additional secondary bedroom suite, and a separate maid’s quarters with maple wood floors, full bath and utility room. The sprawling and private backyard offers a pool, built-in entertainment center with BBQ sink and sitting area, a large slate patio, grassy play area, 2 broad side yards, and a variety of fruit trees. This ‘in-demand’ home has all the bells and whistles to capture the senses of the most discriminating buyer.

Last Agent to Sell the Property

Sherry Robbin

Sotheby's International Realty License #00781465 Listed on: 04/17/2017

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,534

Year Built

  • Built in 1971

Lot Details

  • 0.41 Acre Lot
  • West Facing Home
  • Chain Link Fence
  • Stucco Fence
  • Sprinklers Throughout Yard
  • Lawn
  • Property is zoned LARA

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey
  • Additions or Alterations
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,691 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Blinds
  • Bay Window
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Jack-and-Jill Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Security Lights

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Central Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 27364
  • Assessor Parcel Number 2184035003

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,534

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security Lights, Security System, Wired for Alarm System
  • View: No
  • Zoning: LARA
  • Architectural Style: Contemporary
  • Property Condition: Additions/Alterations, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2184035003
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3691.00 Square Feet
  • Interior Amenities: Attic Fan, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Sunken Living Room, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Family Room, Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 474.13
  • Room Type: Attic, Entry, Family Room, Formal Entry, Jack & Jill, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Suite, Separate Family Room, Walk-In Closet
  • Window Features: Bay Window(s), Blinds, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Rain Gutters
  • Fence: Yes
  • Fencing: Chain Link, Stucco Wall
  • Patio And Porch Features: Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Door Opener, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Heater Central
  • Heating Type: Zoned, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 17679.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 37
  • Tax Tract Number: 27364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Babchenko Mark and Ravin Marianna
Bought by
Babchenko Mark and Ravin Marianna
Current Estimated Value
$2,831,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$511,428
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,320,240

Purchase Details

Closed on
Aug 7, 2018
Sold by
Babchenko Mark and Ravin Marianna
Bought by
Babchenko Mark and Ravin Marianna

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 10, 2017
Sold by
Tosonian Krikor and Vartanians Anahid
Bought by
Babchenko Mark and Ravin Marianna
Seller's Agent
Sherry Robbin
Sotheby's International Realty
List Price
$1,779,000
Sold Price
$1,750,000
Premium/Discount to List
-$29,000
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$600,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2002
Sold by
Tosonian Krikor and Vartanians Anahid
Bought by
Tosonian Krikor and Vartanians Anahid

Purchase Details

Closed on
Aug 13, 1998
Sold by
Fabrick Howard D and Fabrick Myrna T
Bought by
Tosonian Krikor and Vartanians Anahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.92%
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
Babchenko Mark -- Fidelity National Title Co
Babchenko Mark -- None Available
Babchenko Mark $1,750,000 Fidelity Sherman Oaks
Tosonian Krikor -- --
Tosonian Krikor $635,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babchenko Mark $575,000
Closed Babchenko Mark $600,000
Previous Owner Tosonian Krikor $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2017 06/08/17 Sold $1,750,000 -1.6% $474 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $1,779,000 -- $482 / 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 $24,534 $2,031,017 $1,485,894 $545,123
2024 $24,534 $1,991,194 $1,456,759 $534,435
2023 $24,060 $1,952,152 $1,428,196 $523,956
2022 $22,965 $1,913,876 $1,400,193 $513,683
2021 $22,681 $1,876,350 $1,372,739 $503,611
2019 $22,005 $1,820,699 $1,332,024 $488,675
2018 $21,818 $1,785,000 $1,305,906 $479,094
2016 $11,212 $907,575 $499,260 $408,315
2015 $11,051 $893,943 $491,761 $402,182
2014 $11,091 $876,433 $482,129 $394,304
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17081265

California Regional Multiple Listing Service (CRMLS)

APN: 2184-035-003