NOT LISTED FOR SALE

18060 Lake Encino Dr Encino, CA 91316

Estimated Value: $2,445,000 - $2,640,000

4 Beds
3.5 Baths
3,133 Sq Ft
$807/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $2,250,000 $718 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $16,349/month

8 Days on Market

Highlights

  • In Ground Pool
  • Great Room with Fireplace
  • No HOA
  • Gaspar De Portola Middle School Rated A-
  • Mediterranean Architecture
  • 3 Car Direct Access Garage

About This Home

As of July 2022

The ideal single story Lake Encino home in the perfect location! Enter through your formal entry way with tall ceilings, leading you to your magnificent great room with custom bar and fireplace. Buyers will love the indoor-outdoor feel of this home by opening the French doors leading you to the private backyard with expansive covered patio, sparkling pool, pond and grassy area. Constructed with an ideal floor plan - buyers will appreciate the primary bedroom and 2 secondary bedrooms privately located at one end of the home, while the 4th bedroom is located at the opposite end of the property with a full bathroom. The primary suite and 2 adjacent bedrooms are equipped with walk-in closets. Buyers will enjoy the abundance of natural light flooding the property through the numerous windows and skylights, in addition to the beautiful granite counter tops and a 3 car garage. In close proximity to restaurants, entertainment and shopping - this home is the perfect property to take advantage of all the desirable amenities this exclusive Lake Encino neighborhood has to offer!

Last Agent to Sell the Property

Dennis Adelpour

Berkshire Hathaway HomeServices California Properties License #01773733 Listed on: 06/23/2022

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Jonathan Hedvat

Berkshire Hathaway HomeServices California Properties License #02127977

Last Buyer's Agent

Sandy Zalagens

Keller Williams Downtown LA License #01393073

Keller Williams Downtown LA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,173

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 115x110
  • Property is zoned LARA

Parking

  • 3 Car Direct Access Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,133 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2184-040-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,173

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 3133
  • Lot Acreage: 0.3058
  • Lot Dimensions: 115x110
  • Stories: 1
  • Year Built: 1967
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Great Room
  • Flooring: Laminate, Stone
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven
  • Price Per S Q F T: 606.13

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 3 Car, Direct Entrance
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2184-040-035
  • Lot Size Area: 13322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 13, 2022
Sold by
Lake Encino Ii Llc
Bought by
Smith Trust
Seller's Agent
Dennis Adelpour
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sandy Zalagens
Keller Williams Downtown LA
List Price
$1,899,999
Sold Price
$2,250,000
Premium/Discount to List
$350,001
18.42%
Current Estimated Value
$2,527,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,815
Avg. Annual Appreciation
3.94%
Original Mortgage
$1,707,000
Outstanding Balance
$1,645,458
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$882,357

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 12, 2022
Sold by
Rabi Family 2004 Revocable Trust
Bought by
Lake Encino Ii Llc
Seller's Agent
Dennis Adelpour
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sandy Zalagens
Keller Williams Downtown LA
List Price
$1,899,999
Sold Price
$2,250,000
Premium/Discount to List
$350,001
18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Interest Rate
5.09%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 29, 2004
Sold by
Rabi Nader and Fakheri Azita
Bought by
Rabi Nader and Fakheri Azita

Purchase Details

Closed on
Apr 19, 1999
Sold by
Kim Helen Y
Bought by
Rabiezadeh Nader and Fakheri Azita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Kim Edward Ick Soo and Kim Helen Young Hee
Bought by
Kim Edward Ick Soo and Kim Helen Young Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
7.15%
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
Smith Trust -- California Title Company
Lake Encino Ii Llc $2,250,000 California Title Company
Rabi Nader -- --
Rabiezadeh Nader $690,000 Equity Title Company
Kim Edward Ick Soo -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Trust $1,707,000
Previous Owner Lake Encino Ii Llc $1,687,500
Previous Owner Rabiezadeh Nader $495,000
Previous Owner Rabi Nader $523,000
Previous Owner Rabiezadeh Nader $552,000
Previous Owner Kim Edward Ick Soo $349,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $2,250,000 +18.5% $718 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $1,899,000 -0.1% $606 / Sq Ft
06/23/2022 06/23/22 For Sale $1,899,999 0.0% $606 / Sq Ft
01/20/2020 01/20/20 Rented $5,990 0.0% --
12/18/2019 12/18/19 For Rent $5,990 0.0% --
01/17/2019 01/17/19 Rented $5,990 0.0% --
01/08/2019 01/08/19 For Rent $5,990 +5.1% --
01/09/2018 01/09/18 Rented $5,700 -4.9% --
12/21/2017 12/21/17 Price Changed $5,995 -9.2% $2 / Sq Ft
12/12/2017 12/12/17 For Rent $6,600 0.0% --
03/02/2016 03/02/16 Rented $6,600 +1.5% --
02/24/2016 02/24/16 Price Changed $6,500 -13.3% $2 / Sq Ft
02/08/2016 02/08/16 For Rent $7,500 -- --
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
2024 $28,173 $2,295,000 $1,836,000 $459,000
2023 $27,626 $2,250,000 $1,800,000 $450,000
2022 $12,532 $1,019,317 $583,966 $435,351
2021 $12,372 $999,331 $572,516 $426,815
2019 $12,010 $969,692 $555,536 $414,156
2018 $11,874 $950,680 $544,644 $406,036
2016 $11,328 $913,766 $523,496 $390,270
2015 $11,166 $900,041 $515,633 $384,408
2014 $11,205 $882,411 $505,533 $376,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-167347

The MLS

APN: 2184-040-035