NOT LISTED FOR SALE

18000 Erwin St Encino, CA 91316

Estimated Value: $2,722,198 - $3,521,000

7 Beds
7.5 Baths
5,494 Sq Ft
$561/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $2,420,000 $440 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $18,913/month

51 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Main Floor Bedroom
  • Gaspar De Portola Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of May 2021

We are pleased to present this brand new custom 2021 California soft contemporary estate. This 5 bed, 5 and 1/2 bath residence is 4,508sf, nestled on a generous 11,941 sf lot, including a 986sf 2 bed 2 bath ADU /Guesthouse ( built prior 2021 ) located in prime Encino neighborhood. Double driveway entrance greets with wrought iron doors, welcomes with a 24ft soaring foyer. The 1st floor features 1 en-suite bedroom, chef-inspired gourmet dual kitchen furnished with Monogram appliances, breakfast bar, exquisite open formal dining room, living room, and surround sound. The wrought iron and stainless wired staircase lead to the 2nd floor featuring a large master bedroom designed with a unique Juliet balcony, luxurious bathroom, and a spacious walk-in closet, and a large laundry room. This upscale estate has ALL EN-SUITE BEDROOMS, dual-pane eco-friendly windows, and manicured landscaping. The fully permitted ADU with a separate address (18002 Erwin St.) featuring 2 bedrooms and 2 bath - a great opportunity to generate $38K or more of annual rental income. Outdoor area has gorgeous oversized lush grass, beautiful paver patio sitting area, custom outdoor BBQ Island, High-end Lynx appliances including a charcoal grill. Overall an amazing entertainer's property!

Last Agent to Sell the Property

Spartak Hovakimyan

New Era Properties License #01799080 Listed on: 03/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,424

Year Built

  • Built in 2021

Lot Details

  • 0.27 Acre Lot
  • Vinyl Fence
  • Drip System Landscaping
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 5,494 Sq Ft Home
  • Decorative Fireplace
  • Electric Fireplace
  • Double Pane Windows
  • French Doors
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Range with Range Hood
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2123023079

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,424

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-ENC
  • View: No
  • Zoning: LAR1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2123023079
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5494.00
  • Interior Amenities: Balcony, Pantry
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace Features: Electric, Decorative, Living Room
  • Levels: Two
  • Price Per Square Foot: 440.48
  • Room Type: Office, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Rain Gutters
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range, Range Hood, Disposal, Refrigerator
  • Heating Type: Natural Gas, Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Sq Ft: 11942.00
  • Lot Size Acres: 0.2742

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11942.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 20, 2021
Sold by
Asavi Group Llc
Bought by
Ni Christina N and Zyskind Jacob W
Seller's Agent
Spartak Hovakimyan
New Era Properties
List Price
$2,499,000
Sold Price
$2,420,000
Premium/Discount to List
-$79,000
-3.16%
Current Estimated Value
$3,082,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,300
Avg. Annual Appreciation
5.56%
Original Mortgage
$1,920,000
Outstanding Balance
$1,733,527
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,348,773

Purchase Details

Closed on
Jun 7, 2019
Sold by
Asavi Group Llc
Bought by
Asavi Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2019
Sold by
La Fixers Inc
Bought by
Asavi Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2017
Sold by
Hively Norman Bruce
Bought by
La Fixers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2007
Sold by
Hively Vivian Jenna
Bought by
Hively Norman Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1999
Sold by
Grogan Theresa L
Bought by
Hively Norman Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,879
Interest Rate
7.2%
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
Ni Christina N $2,420,000 Lawyers Title
Asavi Group Llc -- Usa National Title Company
Asavi Group Llc $655,000 Chicago Title Company
La Fixers Inc $603,000 Stewart Title
Hively Norman Bruce -- Stewart Title
Hively Norman Bruce -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Christina N $1,920,000
Previous Owner Asavi Group Llc $1,155,000
Previous Owner Asavi Group Llc $450,000
Previous Owner La Fixers Inc $550,000
Previous Owner Hively Norman Bruce $265,000
Previous Owner Hively Norman Bruce $185,879
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $2,420,000 -3.2% $440 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $2,499,000 -- $455 / 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 $31,424 $2,619,483 $1,964,613 $654,870
2024 $31,424 $2,568,122 $1,926,092 $642,030
2023 $30,812 $2,517,768 $1,888,326 $629,442
2022 $29,377 $2,468,400 $1,851,300 $617,100
2021 $14,720 $1,197,044 $622,462 $574,582
2020 $9,407 $668,100 $510,000 $158,100
2019 $562 $608,000 $486,400 $121,600
2018 $3,652 $287,527 $158,736 $128,791
2016 $3,482 $276,364 $152,573 $123,791
2015 $3,433 $272,214 $150,282 $121,932
2014 $3,453 $266,883 $147,339 $119,544
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Spartak Hovakimyan

    New Era Properties

    (818) 800-6060

    1 in this area

    22 Total Sales

    Spartak Hovakimyan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320005152

California Regional Multiple Listing Service (CRMLS)

APN: 2123-023-079

California Los Angeles County Encino 91316

18000 Erwin St, Encino, CA

This home is located at 18000 Erwin St, Encino, CA 91316 since 01 March 2021 and is currently estimated at $3,082,300, approximately $561 per square foot. This property was built in 2021. 18000 Erwin St is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Emelita Street Elementary, and Magnolia Science Academy 2.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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