NOT LISTED FOR SALE

4007 Witzel Dr Sherman Oaks, CA 91423

Estimated Value: $5,853,000 - $9,357,000

7 Beds
7 Baths
7,494 Sq Ft
$1,061/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $6,340,000 $846 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $49,774/month

7 Days on Market

Highlights

  • Wine Room
  • Home Theater
  • Primary Bedroom Suite
  • Ulysses S. Grant Senior High School Rated A-
  • Heated Infinity Pool
  • City Lights View

About This Home

As of August 2020

Introducing The Witzel Villa, perched high above the hills of Sherman Oaks, surrounded by olive trees, offering stunning mountain, canyon and city views. A private gated masterpiece, located on an acre lot, this dream like estate offers 7500 sq ft of open concept living. Boasting 7 ensuite bedrooms, five with sweeping views, 7 baths, a gourmet kitchen with state of the art Wolf and Miele appliances, a walk-in pantry, butlers pantry, office and elevator. This entertainers compound features the most thoughtfully executed design with seamless indoor/outdoor living spaces with custom folding doors throughout, leading to a resort-like backyard with its own gazebo with well equipped kitchen and bar, fire pit, large grassy area, and multiple seating/entertaining areas. Bask in the California sun while enjoying the infinity edge salt water pool and spa overlooking magnificent valley views.

Last Agent to Sell the Property

Kirk Hoffman

Redfin License #01755796 Listed on: 06/25/2020

Redfin

Co-Listed By

Nazanin Maghboli

Berkshire Hathaway HomeServices California Propert License #02030722

Last Buyer's Agent

Farrah Brittany Aldjufrie

The Agency License #01933070

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,053

Year Built

  • Built in 2015

Lot Details

  • 1.01 Acre Lot
  • East Facing Home
  • Property is zoned LAR1

Parking

  • 3 Car Attached Garage

Property Views

  • City Lights
  • Canyon
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 7,494 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • High Ceiling
  • Formal Entry
  • Wine Room
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • In-Law or Guest Suite
  • 7 Full Bathrooms
  • Double Vanity

Pool

  • Heated Infinity Pool
  • Cabana
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 2272-006-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,053

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Introducing The Witzel Villa, perched high above the hills of Sherman Oaks, surrounded by olive trees, offering stunning mountain, canyon and city views. A private gated masterpiece, located on an acre lot, this dream like estate offers 7500 sq ft of open concept living. Boasting 7 ensuite bedrooms, five with sweeping views, 7 baths, a gourmet kitchen with state of the art Wolf and Miele appliances, a walk-in pantry, butlers pantry, office and elevator. This entertainers compound features the most thoughtfully executed design with seamless indoor/outdoor living spaces with custom folding doors throughout, leading to a resort-like backyard with its own gazebo with well equipped kitchen and bar, fire pit, large grassy area, and multiple seating/entertaining areas. Bask in the California sun while enjoying the infinity edge salt water pool and spa overlooking magnificent valley views. The home features additional entertaining spaces with a media room with wet bar, wine cellar, and a second entertainment/game room upstairs that can also be the seventh bedroom. Exuding sophistication, this custom built home spared no expense featuring wide plank European wood floors by Duchateau, custom marble finishes and more.
  • Entry Location: Ground Level w/steps
  • Living Area: 7494
  • Lot Acreage: 1.0090
  • Probate: No
  • Stories: 2
  • Year Built: 2015
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Appliances: Built-In BBQ, Gas
  • Bedrooms: 7
  • Fireplaces: 2
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Main Floor Bedroom, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, Kitchen Island
  • Kitchen Features: Open to Family Room, Pantry
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Elevator
  • Fireplace: Yes
  • Price Per S Q F T: 853.35

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, Barbecue Private, Custom Built, High Ceilings (9 Feet+)
  • Other Structures: Cabana
  • Tennis Court Y/N: No
  • Patio: Covered Porch, Porch - Rear
  • Pool Description: Heated, Heated with Gas, In Ground, Negative Edge/Infinity Pool
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Canyon, City Lights, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Attached
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2272-006-032
  • Geocode Override: No
  • Lot Size Area: 43936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 18, 2020
Sold by
Yakhi Aref
Bought by
Nazar David and Nazar Paula
Seller's Agent
Kirk Hoffman
Redfin
Buyer's Agent
Farrah Brittany Aldjufrie
The Agency
List Price
$6,395,000
Sold Price
$6,340,000
Premium/Discount to List
-$55,000
-0.86%
Current Estimated Value
$7,841,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,501,950
Avg. Annual Appreciation
4.67%
Original Mortgage
$3,804,000
Outstanding Balance
$3,350,077
Interest Rate
2.37%
Estimated Equity
$4,600,713

Purchase Details

Closed on
May 28, 2015
Sold by
Maghboli Nazanin Nazy
Bought by
Yakhi Aref

Purchase Details

Closed on
Mar 21, 2015
Sold by
Giannini Julius and Giannini Joy
Bought by
Yakhi Aref

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2014
Sold by
Giannini Julius and Giannini Joy
Bought by
Giannini Julius and Giannini Joy

Purchase Details

Closed on
Nov 18, 2013
Sold by
Nabatian Soleyman John and Nabatian Gita
Bought by
Giannini Julius and Giannini Josephel Joy
Source: Public Records

Range of Values:

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Average Value
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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
Nazar David $6,340,000 California Title Company
Yakhi Aref -- Equity Title
Yakhi Aref $3,318,000 Equity Title
Giannini Julius -- None Available
Giannini Julius -- Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazar David $3,804,000
Previous Owner Yakhi Aref $800,000
Previous Owner Yakhi Aref $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $6,340,000 -0.9% $846 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $6,395,000 -- $853 / 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 $82,053 $6,862,618 $5,412,160 $1,450,458
2024 $82,053 $6,728,058 $5,306,040 $1,422,018
2023 $80,445 $6,596,136 $5,202,000 $1,394,136
2022 $76,705 $6,466,800 $5,100,000 $1,366,800
2021 $75,778 $6,340,000 $5,000,000 $1,340,000
2020 $45,033 $3,646,274 $1,997,868 $1,648,406
2019 $43,247 $3,574,780 $1,958,695 $1,616,085
2018 $42,824 $3,504,688 $1,920,290 $1,584,398
2016 $40,662 $3,368,599 $1,845,724 $1,522,875
2015 $6,585 $540,418 $540,418 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-595584

The MLS

APN: 2272-006-032