NOT LISTED FOR SALE

4047 Falling Leaf Dr Encino, CA 91316

Estimated Value: $3,919,436 - $4,800,000

5 Beds
4.5 Baths
5,161 Sq Ft
$847/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $3,500,000 $678 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $27,536/month

23 Days on Market

Highlights

  • Tennis Courts
  • Wine Cellar
  • Home Theater
  • Gaspar De Portola Middle School Rated A-
  • 24-Hour Security
  • Heated In Ground Pool

About This Home

As of December 2020

Located in the exclusive & desirable Lake Encino area, this stunning 2-story 5BR/4.5BA tennis estate has been exquisitely re-imagined to offer the finest level of living! Walk in through the double height grand foyer to the open living space filled with natural light from the windows & high coffered ceilings. Gourmet kitchen boasts SS Viking appliances & large bay windows w/ panoramic views. Master suite is accentuated by cathedral ceilings, custom built-in cabinetry, fireplace which open to an oversized private terrace w/ sweeping views. The master bath featuring a soaking tub, separate shower, double sinks & walk-in closet. Movie nights in the custom surround sound theater room will keep everyone entertained. Entertain and relax in a grand backyard featuring oversized pool and spa, veranda, lounge area w/ firepit. A covid friendly outdoor dining area w/ built in BBQ keeps you & your friends/family safe. Encino Estates owners have private security patrols & access to 2 tennis courts.

Last Agent to Sell the Property

Shawn Kormondy

Keller Williams Beverly Hills License #01451888 Listed on: 10/02/2020

Keller Williams Beverly Hills

Last Buyer's Agent

Arutyun Kostikyan

License #01937435

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 86x208
  • Property is zoned LARA

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Hills
  • Valley

Home Design

  • Contemporary Architecture
  • Additions or Alterations

Interior Spaces

  • 5,161 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Theater

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 2184-042-007

Community Details

Recreation

  • Tennis Courts

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1975 | Remodeled

Lot Details

0.41 Acres

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Located in the exclusive and desirable Lake Encino area, this stunning 2-story 5BR/4.5BA tennis estate has been exquisitely re-imagined to offer the finest level of living! Walk in through the double height grand foyer to the open living space filled with natural light from the windows and high coffered ceilings. A spacious gourmet kitchen boasts stainless steel Viking appliances, and large bay windows with panoramic views. The master suite is accentuated by cathedral ceilings and with tastefully appointed custom built-in cabinetry, fireplace which open to an oversized private terrace with sweeping views. The master bathroom featuring a soaking tub, separate shower, double sinks and walk-in closet. Movie nights in the custom surround sound theater room will keep everyone entertained. Entertain and relax in a grand backyard featuring oversized pool and spa, veranda, lounge area with firepit. A covid friendly outdoor dining area with built in BBQ keeps you and your friends and family safe. Encino Estates owners have private security patrols and access to 2 private tennis courts at 18342 Lake Encino. Vacant and easy to show ANYTIME.
  • Complex Name: Encino Estates Owners Stories Association
  • Living Area: 5161
  • Lot Acreage: 0.4134
  • Lot Dimensions: 86x208
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled, Additions/Alter
  • Stories: 2
  • Year Built: 1975
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area, Room, Inside
  • Total Bathrooms: 5.00
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Refrigerator, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 696.57

Exterior Features

  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Spa: In Ground, Heated, Private
  • Spa Yn: Yes
  • View: Hills, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Garage Is Attached, Driveway, Door Opener, Attached, Direct Entrance
  • Total Parking: 3

Utilities

  • Cooling: Multi/Zone, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Prewired for alarm system

Association/Amenities

  • Amenities: Security, Tennis Courts

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 350.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 2184-042-007
  • Lot Size Area: 18040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 17, 2020
Sold by
Vainshtok Hanan
Bought by
Vrtt Properties Llc
Seller's Agent
Shawn Kormondy
Keller Williams Beverly Hills
Buyer's Agent
Arutyun Kostikyan
List Price
$3,595,000
Sold Price
$3,500,000
Premium/Discount to List
-$95,000
-2.64%
Current Estimated Value
$4,372,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872,359
Avg. Annual Appreciation
4.32%
Original Mortgage
$2,450,000
Outstanding Balance
$2,171,161
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,201,198

Purchase Details

Listed on
Jan 25, 2019
Closed on
Jul 8, 2019
Sold by
Vainshtok Michelle
Bought by
Vainshtok Hanan
Seller's Agent
Steve Flores
Coldwell Banker Realty
Buyer's Agent
Ilya Tsipis
List Price
$1,850,000
Sold Price
$1,830,000
Premium/Discount to List
-$20,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.39%
Original Mortgage
$1,372,500
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 25, 2019
Closed on
Jun 27, 2019
Sold by
Seror David and The Bankruptcy Estate Of Irina
Bought by
Vainshtok Hanan
Seller's Agent
Steve Flores
Coldwell Banker Realty
Buyer's Agent
Ilya Tsipis
List Price
$1,850,000
Sold Price
$1,830,000
Premium/Discount to List
-$20,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,372,500
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2011
Sold by
Raskin Irina
Bought by
Prime Ventures

Purchase Details

Closed on
Jan 25, 2011
Sold by
Raskin Irina
Bought by
Encino Leaf Investments Inc

Purchase Details

Closed on
Sep 15, 2009
Sold by
Raskin Alex
Bought by
Raskin Alex and Raskin Irina

Purchase Details

Closed on
Jun 19, 2009
Sold by
Raskin Irina
Bought by
Raskin Irina and Iraheta Jesus

Purchase Details

Closed on
May 23, 2002
Sold by
Fottrell Morgan Michael and Fottrell Marcia O
Bought by
Raskin Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2002
Sold by
Raskin Irina
Bought by
Raskin Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2000
Sold by
Fottrell Morgan Michael and Fottrell Marcia O
Bought by
Fottrell Morgan Michael and Fottrell Marcia O

Purchase Details

Closed on
Feb 17, 1999
Sold by
Evanhaim Nissim and Evenhaim Eti
Bought by
Fottrell Morgan Michael and Fottrelll Marcia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.04%

Purchase Details

Closed on
Sep 18, 1995
Sold by
Kohanzadeh Jacob
Bought by
Evenhaim Nissim and Evenhaim Eti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vrtt Properties Llc $3,500,000 First American Title Company O
Vainshtok Hanan -- First American Title
Vainshtok Hanan $1,830,000 First American Title Company
Prime Ventures -- None Available
Encino Leaf Investments Inc -- None Available
Raskin Alex -- None Available
Raskin Irina -- None Available
Raskin Alex $1,395,000 Equity Title Company
Raskin Alex -- Equity Title
Fottrell Morgan Michael -- --
Fottrell Morgan Michael $1,140,000 Equity Title Company
Evenhaim Nissim $570,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vrtt Properties Llc $2,450,000
Previous Owner Vainshtok Hanan $1,372,500
Previous Owner Raskin Alex $1,000,000
Previous Owner Fottrell Morgan Michael $700,000
Previous Owner Evenhaim Nissim $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2020 12/17/20 Sold $3,500,000 -2.6% $678 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $3,595,000 +96.4% $697 / Sq Ft
07/23/2019 07/23/19 Sold $1,830,000 -1.1% $355 / Sq Ft View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $1,850,000 -- $358 / Sq Ft
Source: The MLS

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 $54,097 $4,525,740 $2,705,040 $1,820,700
2024 $54,097 $4,437,000 $2,652,000 $1,785,000
2023 $44,542 $3,641,400 $2,184,840 $1,456,560
2022 $42,485 $3,570,000 $2,142,000 $1,428,000
2021 $41,969 $3,500,000 $2,100,000 $1,400,000
2020 $25,697 $2,072,000 $1,243,000 $829,000
2019 $25,164 $2,072,203 $1,258,491 $813,712
2018 $24,940 $2,031,572 $1,233,815 $797,757
2016 $23,818 $1,952,685 $1,185,905 $766,780
2015 $23,471 $1,923,355 $1,168,092 $755,263
2014 $23,542 $1,885,680 $1,145,211 $740,469
Source: Public Records

Agents Affiliated with this Home

  • Shawn Kormondy

    Seller's Agent in 2020

    Shawn Kormondy

    Keller Williams Beverly Hills

    (323) 638-7567

    144 Total Sales

    Shawn Kormondy
    Section Image

  • A

    Buyer's Agent in 2020

    Arutyun Kostikyan

  • Steve Flores

    Seller's Agent in 2019

    Steve Flores

    Coldwell Banker Realty

    (323) 356-3007

    19 Total Sales

    Steve Flores
    Section Image
  • Jane Schore

    Seller Co-Listing Agent in 2019

    Jane Schore

    Coldwell Banker Realty

    (323) 573-6562

    26 Total Sales

    Jane Schore
    Section Image

  • I

    Buyer's Agent in 2019

    Ilya Tsipis

See All Agents

Map

Source: The MLS

MLS Number: 20-641312

The MLS

APN: 2184-042-007

California Los Angeles County Encino 91316

4047 Falling Leaf Dr, Encino, CA

Not Listed for Sale

Detached

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