$3,303,300
SOLD MAR 27, 2018

3907 Sepulveda Blvd Sherman Oaks, CA 91403

6 Beds
8 Baths
6,149 Sq Ft
0.73 Acres

Recently Sold

$537 Per Sq Ft

13% Below List Price

60 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Living Room with Fireplace
  • Lanai Road Elementary Rated A
  • 31,791 Sq Ft lot
  • Marble Flooring

About This Home

As of March 2018

Situated on over 30,000 SF flat lot in & set behind a gated circular driveway stands this stunning custom built contemporary Tuscan compound, located in the Royal Oaks. Constructed in 2017 this estate features soaring ceilings w/ exposed trusses, solid wide plank floors & a flaws layout that highlights the private park like grounds at every turn. The oversized kitchen is built around the art of entertaining, w/custom cabinets glass counter tops & Wolf/Subzero appliances. A wine bar w/ a glass fridge for 100 bottles, & a large dining area perfect for entertaining events large or small. 4 large ensuite bedrooms including the master retreat which opens to the covered wrap around patio includes a large spa like bath w/ a jetted soaking tub & a custom walk-in closet. The 2nd floor host a media & rec. room, 2 additional ensuites & a private office. Enjoy the tranquil lush grounds w/ an oversized swimming pool, BBQ & a grassy area big enough to host a soccer match. Welcome Home!

Last Agent to Sell the Property

Alphonso Lascano

Carolwood Estates License #01723550 Listed on: 01/18/2018

Carolwood Estates

Co-Listed By

Bjorn Farrugia

Carolwood Estates License #01864250

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,125

Year Built

  • Built in 2017

Lot Details

  • 0.73 Acre Lot
  • Property is zoned LARE15

Parking

  • Circular Driveway

Property Views

  • Panoramic
  • Mountain

Home Design

  • Tuscan Architecture

Interior Spaces

  • 6,149 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Home Gym
  • Alarm System

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2286-018-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,125

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tuscan
  • Street Number Display: Yes
  • Living Area: 6149
  • Stories: 1
  • Year Built: 2017
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Marble, Wood
  • Bedrooms: 6
  • Full Bathroom: 8
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Range/Oven, Refrigerator
  • Price Per S Q F T: 617.82

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway, Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2286-018-011
  • Geocode Override: No
  • Lot Size Area: 31791

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2018
Sold by
Lin Eho
Bought by
Lin Caroline
Current Estimated Value
$4,831,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,373,643
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,457,714

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 22, 2018
Sold by
Towns End Development Inc
Bought by
Lin Caroline
Seller's Agent
Alphonso Lascano
Carolwood Estates
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,799,000
Sold Price
$3,303,300
Premium/Discount to List
-$495,700
-13.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 22, 2016
Sold by
Humfreville William M
Bought by
Towns End Development Inc
Seller's Agent
Anngel Benoun
Engel & Völkers Encino
List Price
$2,295,000
Sold Price
$1,880,000
Premium/Discount to List
-$415,000
-18.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.92%
Original Mortgage
$1,200,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2011
Sold by
U S Bank National Association
Bought by
Humfreville William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$911,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2011
Sold by
Glasser Lila
Bought by
Bank Of America National Association

Purchase Details

Closed on
Oct 19, 2006
Sold by
Glasser Lila
Bought by
Glasser Lila and The Glasser Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,552,000
Interest Rate
7.15%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 3, 2006
Sold by
Glasser Lila
Bought by
Glasser Lila and Glasser Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 26, 2005
Sold by
Glasser Lila and Glasser Family Trust
Bought by
Glasser Lila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 2005
Sold by
Glasser Lila
Bought by
Glasser Lila and Glasser Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2005
Sold by
Glasser Lila S
Bought by
Glasser Lila S and The Glasser Family Trust

Purchase Details

Closed on
Aug 17, 2004
Sold by
Spolin Bonnie
Bought by
Glasser Lila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,274,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Spolin Bonnie and Bonnie Spolin Trust
Bought by
Spolin Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1999
Sold by
Spolin Bonnie
Bought by
Spolin Bonnie and Bonnie Spolin Trust

Purchase Details

Closed on
Sep 18, 1997
Sold by
Spolin Scott J
Bought by
Spolin Brona and Spolin Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
7.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 1997
Sold by
Brona Spolin Trust Spolin Scott J And Brona T and Spolin Bonnie
Bought by
Spolin Scott J and Spolin Brona

Purchase Details

Closed on
Oct 28, 1993
Sold by
Spolin Scott J and Spolin Brona
Bought by
Spolin Scott J and Spolin Brona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.13%

Purchase Details

Closed on
Sep 27, 1993
Sold by
Spolin Scott J and Spolin Brona
Bought by
Spolin Scott J and Spolin Brona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.13%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title Comp
Grant Deed $3,303,500 Fidelity National Title
Grant Deed $1,880,000 Orange Coast Title Co Socal
Grant Deed $1,215,000 Lsi Title Company
Grant Deed $1,215,000 Lsi Title Company
Trustee Deed $1,033,350 Servicelink
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,820,000 Alliance Title
Interfamily Deed Transfer -- Commonwealth Land
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- Continental Lawyers Title Co
Grant Deed -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,500,000 Commercial
Previous Owner $100,000 Unknown
Previous Owner $1,200,000 Purchase Money Mortgage
Previous Owner $911,250 New Conventional
Previous Owner $1,552,000 Negative Amortization
Previous Owner $97,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,500,000 New Conventional
Previous Owner $1,365,000 New Conventional
Previous Owner $182,000 Credit Line Revolving
Previous Owner $1,274,000 Purchase Money Mortgage
Previous Owner $830,000 Purchase Money Mortgage
Previous Owner $443,000 Credit Line Revolving
Previous Owner $22,000 Unknown
Previous Owner $340,000 No Value Available
Closed $182,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Rented $16,300 -3.0% --
10/27/2023 10/27/23 Price Changed $16,800 -5.6% $3 / Sq Ft
10/20/2023 10/20/23 Price Changed $17,800 -5.3% $3 / Sq Ft
10/15/2023 10/15/23 Price Changed $18,800 -5.1% $3 / Sq Ft
10/06/2023 10/06/23 Price Changed $19,800 -1.0% $3 / Sq Ft
09/13/2023 09/13/23 Price Changed $20,000 -4.8% $3 / Sq Ft
08/20/2023 08/20/23 Price Changed $21,000 -6.7% $3 / Sq Ft
08/07/2023 08/07/23 Price Changed $22,500 -2.2% $4 / Sq Ft
08/05/2023 08/05/23 Price Changed $23,000 -3.4% $4 / Sq Ft
07/13/2023 07/13/23 Price Changed $23,800 -4.8% $4 / Sq Ft
07/06/2023 07/06/23 Price Changed $25,000 -7.4% $4 / Sq Ft
06/24/2023 06/24/23 Price Changed $27,000 -3.6% $4 / Sq Ft
06/06/2023 06/06/23 Price Changed $28,000 -3.4% $4 / Sq Ft
05/30/2023 05/30/23 Price Changed $29,000 -6.5% $5 / Sq Ft
05/25/2023 05/25/23 For Rent $31,000 0.0% --
03/27/2018 03/27/18 Sold $3,303,300 -13.0% $537 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $3,799,000 +102.1% $618 / Sq Ft
08/17/2016 08/17/16 Sold $1,880,000 -18.1% $313 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $2,295,000 -- $383 / 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 $45,125 $3,758,586 $1,879,691 $1,878,895
2024 $45,125 $3,684,889 $1,842,835 $1,842,054
2023 $44,248 $3,612,637 $1,806,701 $1,805,936
2022 $42,206 $3,541,802 $1,771,276 $1,770,526
2021 $41,688 $3,472,356 $1,736,546 $1,735,810
2020 $42,118 $3,436,752 $1,718,740 $1,718,012
2019 $40,438 $2,039,288 $977,976 $1,061,312
2018 $24,514 $1,999,302 $958,800 $1,040,502
2016 $15,766 $1,289,161 $954,935 $334,226
2015 $15,537 $1,269,797 $940,591 $329,206
2014 $15,596 $1,244,925 $922,167 $322,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-303560

The MLS

APN: 2286-018-011