$1,465,000
SOLD MAR 14, 2019

3924 Sapphire Dr Encino, CA 91436

3 Beds
3 Baths
2,009 Sq Ft
0.55 Acres

Recently Sold

$729 Per Sq Ft

8% Below List Price

113 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • No HOA
  • Lanai Road Elementary Rated A
  • 0.55 Acre Lot
  • Laundry Room

About This Home

As of April 2021

Price reduction, previous buyer couldn’t perform!!...INVESTOR SPECIAL! Or, perfect for an end-user who wants to build their dream home! Amazing view property on one of the nicest streets in Encino. Good soils. Can build roughly 5000 sf., or simply remodel the existing footprint. Flag lot w/ private driveway. Pool. This property is priced to sell. Buyer to conduct any/all investigations to verify information concerning soil’s, Sq footage, permitted/unpermitted areas, bed/bath count & any/all property specifics. Easy to show. Won't last!

Last Agent to Sell the Property

Stacee Passen

No Firm Affiliation License #01909947 Listed on: 11/01/2018

Co-Listed By

Dennis Chernov

The Agency License #01850113

Last Buyer's Agent

Stacee Passen

No Firm Affiliation License #01909947 Listed on: 11/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,301

Year Built

  • Built in 1956

Lot Details

  • 0.55 Acre Lot
  • Property is zoned LARE15

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights
  • Mountain

Interior Spaces

  • 2,009 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Schools

  • Lanai Road Elementary School
  • Portola Middle School
  • Birmingham High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 21551
  • Assessor Parcel Number 2286008005

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,301

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARE15
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2286008005
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2009.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 729.22
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Mountain(s), Panoramic
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified
  • Elementary School: Lanai Road
  • Middle School: Portola
  • High School: Birmingham
  • Elementary School: Lanai Road
  • High School: Birmingham
  • Middle Or Junior School: Portola
  • Elementary School #2: LANROA
  • High School2: BIRMIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 24121.00
  • Lot Size Acres: 0.5537

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24121.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1415.00
  • Tax Lot: 66
  • Tax Tract Number: 21551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 15, 2021
Sold by
Skyla Ventures Llc
Bought by
Maneo Llc
Seller's Agent
Stacee Passen
Redfin
Buyer's Agent
Amanda Lockwood
List Price
$5,749,000
Sold Price
$5,625,000
Premium/Discount to List
-$124,000
-2.16%
Current Estimated Value
$6,396,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,323
Avg. Annual Appreciation
3.01%
Original Mortgage
$4,218,750
Outstanding Balance
$3,827,861
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,568,462

Purchase Details

Listed on
Nov 1, 2018
Closed on
Mar 6, 2019
Sold by
Lynch Kelly Patricia and Kelly Lynch Revocable Trust
Bought by
Skyla Ventures Llc
Seller's Agent
Stacee Passen
No Firm Affiliation
Buyer's Agent
Stacee Passen
No Firm Affiliation
List Price
$1,589,000
Sold Price
$1,465,000
Premium/Discount to List
-$124,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.63%
Original Mortgage
$950,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2018
Sold by
Goto Andrea
Bought by
Lynch Kelly

Purchase Details

Closed on
Mar 20, 2010
Sold by
Beach Marjorie J
Bought by
Beach Marjorie J and The Marjorie J Beach Revocable

Purchase Details

Closed on
Jun 24, 2005
Sold by
Lynch Kelly
Bought by
Lynch Kelly Patricial and The Kelly Lynch Revocable Trus
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
Grant Deed $5,625,000 Fidelity Sherman Oaks
Grant Deed $1,465,000 Fidelity National Title
Grant Deed -- Fidelity National Title Comp
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,218,750 New Conventional
Previous Owner $950,000 Commercial
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $5,625,000 -2.2% $938 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $5,749,000 +292.4% $958 / Sq Ft
03/14/2019 03/14/19 Sold $1,465,000 -7.8% $729 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $1,589,000 -- $791 / 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 $72,301 $6,088,678 $3,044,339 $3,044,339
2024 $72,301 $5,969,294 $2,984,647 $2,984,647
2023 $70,879 $5,852,250 $2,926,125 $2,926,125
2022 $67,568 $5,737,500 $2,868,750 $2,868,750
2021 $27,690 $2,300,540 $1,207,824 $1,092,716
2020 $18,371 $1,494,300 $1,195,440 $298,860
2019 $1,256 $1,360,000 $1,088,000 $272,000
2018 $2,210 $161,774 $71,947 $89,827
2016 $2,080 $155,494 $69,154 $86,340
2015 $2,052 $153,160 $68,116 $85,044
2014 $2,075 $150,161 $66,782 $83,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18264143

California Regional Multiple Listing Service (CRMLS)

APN: 2286-008-005