NOT LISTED FOR SALE

4174 Falling Leaf Dr Encino, CA 91316

Estimated Value: $2,685,698 - $2,981,000

5 Beds
4 Baths
4,291 Sq Ft
$659/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $1,660,000 $387 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $16,747/month

190 Days on Market

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • Family Room with Fireplace
  • Gaspar De Portola Middle School Rated A-
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of April 2019

Lake Encino celebrity home in private cul-de-sac location. Single level, open and flowing entertainment style home features large scale rooms & high ceilings with flowing art gallery style. The bright, open family room has cathedral ceilings, a stone fireplace, full wet bar, an expansive glass wall with glistening pool view and dual entrances to the patio area. Enjoy the oversized chef's kitchen with large center island, formal dining room, and direct access to the outdoor patio. The large private master suite accesses the patio and has two closets, one walk-in. The master bath features dual sinks, a deep tub with jets, and a private enclosed bath patio great for sunbathing and private relaxation. The home also features a guest quarters/office with a private entry and a three car garage with storage. Lake Encino located in the hills south of Ventura Blvd. offers privacy and wide streets - great for bike rides and dog walking.

Last Agent to Sell the Property

Michael Martin

Corcoran Icon Properties License #00956703 Listed on: 08/21/2018

Corcoran Icon Properties

Last Buyer's Agent

Erik Ebrahemian

License #01915449

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,573

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.41 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Property is zoned LARA

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Interior Block Wall
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,291 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Greenhouse Windows
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Laundry Room
  • Pool Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Diving Board

Additional Features

  • Slab Porch or Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2184-032-030

Community Details

Overview

  • Association fees include alarm system

Amenities

  • Service Entrance

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,573

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Lake Encino celebrity home in private cul-de-sac location. Single level, open and flowing entertainment style home features large scale rooms & high ceilings with flowing art gallery style. The bright, open family room has cathedral ceilings, a stone fireplace, full wet bar, an expansive glass wall with glistening pool view and dual entrances to the patio area. Enjoy the oversized chef's kitchen with large center island, formal dining room, and direct access to the outdoor patio. The large private master suite accesses the patio and has two closets, one walk-in. The master bath features dual sinks, a deep tub with jets, and a private enclosed bath patio great for sunbathing and private relaxation. The home also features a guest quarters/office with a private entry and a three car garage with storage. Lake Encino located in the hills south of Ventura Blvd. offers privacy and wide streets - great for bike rides and dog walking.
  • Living Area: 4291
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1974
  • Builders Tract Name: Lake Encino
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Beamed Ceiling(s), Block Walls, Cathedral-Vaulted Ceilings, Detached/No Common Walls, High Ceilings (9 Feet+), Storage Space
  • Fireplace Rooms: Family Room, Living Room
  • Appliances: Cooktop - Gas, Double Oven
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Ground Floor Master, Main Floor Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tub With Jets
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Family Kitchen, Family Room, Formal Dining Rm
  • Kitchen Features: Greenhouse Window
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Central Vacuum, Dishwasher, Garbage Disposal, Refrigerator
  • Price Per S Q F T: 413.66

Exterior Features

  • Construction: Detached/No Common Walls, Frame, Stucco
  • Other Features: High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block
  • Patio: Concrete Slab
  • Pool Description: Diving Board
  • Pool: Yes
  • Spa: Indoor
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Door Opener, Garage - 3 Car, Garage Is Detached

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Association Fees Include: Alarm System
  • HOA Fees: 360.00
  • HOA: Yes

Lot Info

  • Sprinklers: Front, Rear
  • Assessor Parcel Number: 2184-032-030
  • Geocode Override: No
  • Lot Size Area: 17771

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Mar 4, 2019
Sold by
Lett Franklin T and Lett Family Trust
Bought by
Hinks Matthew D and Santini Gwendolyn Gracie
Seller's Agent
Michael Martin
Corcoran Icon Properties
Buyer's Agent
Erik Ebrahemian
List Price
$1,925,000
Sold Price
$1,660,000
Premium/Discount to List
-$265,000
-13.77%
Current Estimated Value
$2,828,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,168,925
Avg. Annual Appreciation
8.47%
Original Mortgage
$1,494,000
Outstanding Balance
$1,407,775
Interest Rate
8.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,421,150

Purchase Details

Closed on
Jul 13, 2018
Sold by
Lett Revocable Family Trust
Bought by
Lett Franklin T

Purchase Details

Listed on
May 12, 2014
Closed on
Oct 14, 2014
Sold by
Rekabi Foad and Khaligh Yasamin
Bought by
The Lett Revocable Family Trust
Seller's Agent
David Bayat
Coldwell Banker Realty
Buyer's Agent
Michael Martin
Corcoran Icon Properties
List Price
$1,895,000
Sold Price
$1,790,000
Premium/Discount to List
-$105,000
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Cha Stephen Sung and Cha Susie Yoon
Bought by
Rekabi Foad and Khaligh Yasamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Cha Stephen S and Cha Susie Y
Bought by
Cha Stephen Sung and Cha Susie Yoon

Purchase Details

Closed on
Aug 19, 2002
Sold by
Cha Stephen S and Cha Susie Y
Bought by
Cha Stephen S and Cha Susie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6.29%
Source: Public Records

Range of Values:

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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
Hinks Matthew D $1,660,000 Orange Coast Title Company
Lett Franklin T -- None Available
The Lett Revocable Family Trust -- Lawyers Title Company
Rekabi Foad $1,580,000 California Title Company
Cha Stephen Sung -- --
Cha Stephen S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinks Matthew D $1,494,000
Previous Owner Rekabi Foad $729,750
Previous Owner Cha Stephen S $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2019 04/09/19 Sold $1,660,000 -6.5% $387 / Sq Ft
12/18/2018 12/18/18 Price Changed $1,775,000 -1.4% $414 / Sq Ft
10/09/2018 10/09/18 Price Changed $1,800,000 -6.5% $419 / Sq Ft
08/21/2018 08/21/18 For Sale $1,925,000 +7.5% $449 / Sq Ft
11/10/2014 11/10/14 Sold $1,790,000 -5.5% $417 / Sq Ft View Prior Sale
10/30/2014 10/30/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $1,895,000 -- $442 / 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 $22,573 $1,851,756 $1,481,407 $370,349
2024 $22,573 $1,815,448 $1,452,360 $363,088
2023 $22,141 $1,779,852 $1,423,883 $355,969
2022 $21,141 $1,744,954 $1,395,964 $348,990
2021 $20,875 $1,710,741 $1,368,593 $342,148
2019 $9,908 $831,582 $141,296 $690,286
2018 $10,261 $815,277 $138,526 $676,751
2016 $9,767 $783,621 $133,148 $650,473
2015 $21,764 $1,790,000 $965,100 $824,900
2014 $20,794 $1,670,000 $858,900 $811,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Martin

    Corcoran Icon Properties

    (310) 273-3113

    8 Total Sales

    Michael Martin
    Section Image

  • E

    Buyer's Agent in 2019

    Erik Ebrahemian

  • David Bayat

    Seller's Agent in 2014

    David Bayat

    Coldwell Banker Realty

    (310) 963-8590

    1 Total Sale

    David Bayat
    Section Image
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Map

Source: The MLS

MLS Number: 18-378576

The MLS

APN: 2184-032-030

California Los Angeles County Encino 91316

4174 Falling Leaf Dr, Encino, CA

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