NOT LISTED FOR SALE

4125 Royal Crest Place Encino, CA 91436

Estimated Value: $8,101,000

7 Beds
9.5 Baths
11,500 Sq Ft
$704/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $11,500,000 $1,000 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $51,408/month

42 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Gourmet Kitchen
  • Lanai Road Elementary Rated A
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of March 2023

Set on a quiet cul-de-sac street in the prestigious Royal Oaks of Encino sits this 2022 new construction estate with breathtaking panoramic views of San Fernando Valley and its surrounding cities. Showcasing ~11,500sf of exquisite detail and refined finishes, this 7-bedroom, 9.5-bathroom estate is truly one-of-a-kind. Enter through the 10ft glass front door and revel in the bright, natural light illuminated by the floor to ceiling, 40-ft wide glass motorized doors, creating the desired indoor/outdoor flow. The main level hosts a spacious living area with dual see-through fireplace, bar/lounge, an office, home theater, gym, two ensuite bedrooms, and stunning gourmet chef's kitchen with top-of-the-line Thermador appliances. Travel up the floating staircase or elevator to the remaining 4 ensuite bedrooms and spacious primary suite. Live in luxury with this primary suite that includes a spa-like bathroom with dual vanities, his and Hers' shower with rainfall showerhead, a private sundeck off the shower with a sitting tub overlooking the spectacular views and dual showroom style walk-in closets. Take in the almost one acre of land and sweeping views from more than 2,000sf of roof top deck. Perfect for entertaining, the backyard includes an infinity pool built on caissons, a spa, and an outdoor concrete BBQ station with roof cover. Additional features in this home include engineering oak flooring, onyx stone, and limestone throughout. Not to be overlooked is the 3-car garage with option for lifts (fitting 6 cars) and another indoor garage with glass enclosure to show off your finest car. This is a property that you do not want to miss!

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 02/13/2023

Douglas Elliman of California, Inc.

Co-Listed By

Guy Azar

The Agency License #01882376

Last Buyer's Agent

Issy Tindimwebwa

Issy K Tindimwebwa License #00679596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,210

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 207x175
  • Cul-De-Sac
  • Fenced Yard
  • Back Yard
  • Property is zoned LARE15

Parking

  • 7 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Driveway

Property Views

  • City Lights
  • Mountain
  • Hills
  • Pool

Home Design

  • Modern Architecture

Interior Spaces

  • 11,500 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Two Way Fireplace
  • See Through Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Double Vanity

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2285-005-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,210

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 11500
  • Lot Acreage: 0.8346
  • Lot Dimensions: 207x175
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2022
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Recessed Lighting, Built-Ins, Open Floor Plan, High Ceilings (9 Feet+), Elevator
  • Fireplace Rooms: Two Way, See Through, Patio, Living Room
  • Flooring: Wood
  • Appliances: Gas, Built-Ins, Oven, Range, Range Hood
  • Bedrooms: 7
  • Full Bathroom: 9
  • Half Bathroom: 1
  • Bedroom Features: Dressing Area, Master Bedroom, WalkInCloset, Master Suite, Master Retreat
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen, Kitchen Island, Family Kitchen
  • Kitchen Features: Counter Top, Gourmet Kitchen, Island
  • Laundry: Inside, Room
  • Total Bathrooms: 10.00
  • Den: 0
  • Equipment: Range/Oven, Built-Ins, Elevator, Barbeque, Dishwasher, Freezer, Refrigerator
  • Price Per S Q F T: 1216.96

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Barbecue Private
  • Other Structures: None
  • Patio: Deck(s)
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Private, In Ground
  • Spa Yn: Yes
  • View: Mountains, City, Hills, Pool, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 7
  • Other Spaces: 6
  • Covered Parking: 7
  • Parking Garage: Garage, Private Garage, Direct Entrance, Garage - 4+ Car, Driveway, Garage Is Attached, Private
  • Total Parking: 13

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2285-005-035
  • Lot Description: Back Yard, Yard, Fenced Yard
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 36355

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Jl Encino Investment Llc
Bought by
Labidi John
Current Estimated Value
$8,101,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,431,588
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 27, 2023
Sold by
4125 Royal Crest Llc
Bought by
Jl Encino Investment Llc
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Issy Tindimwebwa
Issy K Tindimwebwa
List Price
$14,995,000
Sold Price
$11,500,000
Premium/Discount to List
-$3,495,000
-23.31%
Views
362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
6.32%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 26, 2020
Closed on
Jan 18, 2020
Sold by
Bunt Dirk W Van De and Bunt Susan S Van De
Bought by
4125 Royal Crest Llc
Seller's Agent
Elaine Selko
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Elaine Selko
Berkshire Hathaway HomeServices California Properties
List Price
$3,300,000
Sold Price
$3,260,000
Premium/Discount to List
-$40,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.18%
Original Mortgage
$6,306,875
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
May 3, 2006
Sold by
Grimes Jo Ann M and Mandella Revocable Trust #1
Bought by
Vandebunt Dirk W and Vandebunt Van Debunt

Purchase Details

Closed on
Oct 26, 2004
Sold by
Mandella Anthony J
Bought by
Mandella Anthony J and The Mandella Revocable Trust #

Purchase Details

Closed on
Apr 29, 2004
Sold by
Mandella Anthony J and The Mandella Revocable Trust #
Bought by
Mandella Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2003
Sold by
Mandella Anthony J
Bought by
Mandella Anthony J and The Mandella Revocable 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
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 3, 2002
Sold by
Mandella Anthony J
Bought by
Mandella Anthony J and The Mandella Revocable Trust #

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$982,800
Interest Rate
5.12%

Purchase Details

Closed on
Dec 6, 2001
Sold by
Mandella Anthony J
Bought by
Mandella Anthony J and The Mandella Revocable Trust #

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.87%

Purchase Details

Closed on
Dec 5, 2001
Sold by
Mandella Anthony J
Bought by
Mandella Anthony J and The Mandella Revocable Trust #

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.87%

Purchase Details

Closed on
Oct 28, 1993
Sold by
Mandella Anthony J
Bought by
Mandella Anthony J and Mandella Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.94%

Purchase Details

Closed on
Sep 29, 1993
Sold by
Mandella Anthony J and Mandella Revocable Trust No 1
Bought by
Mandella Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.94%
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
Labidi John -- Chicago Title Company
Jl Encino Investment Llc $11,500,000 Orange Coast Title Company
4125 Royal Crest Llc $3,260,000 California Title Company
Vandebunt Dirk W $2,075,000 Equity Title Company
Mandella Anthony J -- North American Title
Mandella Anthony J -- North American Title
Mandella Anthony J -- North American Title Co
Mandella Anthony J -- North American Title Co
Mandella Anthony J -- North American Title Co
Mandella Anthony J -- North American Title Co
Mandella Anthony J -- North American Title Co
Mandella Anthony J -- North American Title Co
Mandella Anthony J -- North American Title Co
Mandella Anthony J -- Continental Land Title
Mandella Anthony J -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labidi John $3,500,000
Previous Owner Jl Encino Investment Llc $5,200,000
Previous Owner 4125 Royal Crest Llc $6,432,500
Previous Owner 4125 Royal Crest Llc $1,600,000
Previous Owner 4125 Royal Crest Llc $6,306,875
Previous Owner Mandella Anthony J $200,000
Previous Owner Mandella Anthony J $1,050,000
Previous Owner Mandella Anthony J $100,000
Previous Owner Mandella Anthony J $982,800
Previous Owner Mandella Anthony J $100,000
Previous Owner Mandella Anthony J $975,000
Previous Owner Mandella Anthony J $650,000
Previous Owner Mandella Anthony J $100,000
Previous Owner Mandella Anthony J $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $11,500,000 -17.8% $1,000 / Sq Ft
03/17/2023 03/17/23 Price Changed $13,995,000 -6.7% $1,217 / Sq Ft
02/13/2023 02/13/23 For Sale $14,995,000 0.0% $1,304 / Sq Ft
06/20/2020 06/20/20 Rented $10,000 0.0% --
05/13/2020 05/13/20 Price Changed $9,999 -28.6% $2 / Sq Ft
03/26/2020 03/26/20 For Rent $13,995 0.0% --
02/20/2020 02/20/20 Sold $3,260,000 -1.2% $655 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $3,300,000 -- $663 / 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
2023 $87,210 $7,169,616 $3,426,840 $3,742,776
2022 $39,699 $3,359,648 $3,359,648 $0
2021 $42,819 $3,293,773 $2,305,641 $988,132
2020 $31,878 $2,592,844 $1,866,352 $726,492
2019 $30,612 $2,542,005 $1,829,757 $712,248
2018 $30,401 $2,492,163 $1,793,880 $698,283
2016 $29,051 $2,395,391 $1,724,222 $671,169
2015 $28,489 $2,348,000 $1,690,000 $658,000
2014 $26,861 $2,161,000 $1,555,000 $606,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-241145

The MLS

APN: 2285-005-035