Landlord's Agent in 2018
Craig Knizek
The Agency
(818) 618-1006
35 in this area
118 Total Sales
4444 Libbit Ave Encino, CA 91436
Estimated Value: $7,347,000 - $7,887,000
5
Beds
6
Baths
7,878
Sq Ft
$969/Sq Ft
Est. Value
Highlights
- Detached Guest House
- In Ground Pool
- Traditional Architecture
- Lanai Road Elementary Rated A
- 37,026 Sq Ft lot
- Wood Flooring
About This Home
As of November 2018A rare opportunity to own a timeless classic. This completely restored traditional exhibits meticulous attention to design detail. The finest craftsmanship houses this wonderful floor plan that checks every box for the most discerning buyer. The gorgeous master suite, lovely formal dining room, voluminous living room, private movie theater and space for a world-class wine cellar or recording studio, all make for great entertaining. Guests will love how the game room, which flows to the covered back porch, overlooks the expansive lawn, framed by towering mature trees. The sports court, the dual-office space, the attached guest house and the hip pool house all make this residence very special.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $64,276
Year Built
- Built in 1936
Lot Details
- 0.85 Acre Lot
- Property is zoned LARE15
Parking
- 4 Car Garage
Home Design
- Traditional Architecture
Interior Spaces
- 7,878 Sq Ft Home
- 2-Story Property
- Furnished
- Built-In Features
- Wood Burning Fireplace
- Entryway
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Wood Flooring
- Basement
Kitchen
- Oven or Range
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Powder Room
- 6 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Outdoor Features
- In Ground Pool
- Outdoor Grill
Additional Features
- Detached Guest House
- Central Heating and Cooling System
Listing and Financial Details
- Security Deposit $50,000
- Tenant pays for gardener, pool service
- 12 Month Lease Term
- Assessor Parcel Number 2284-010-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2016
Closed on
Nov 28, 2016
Sold by
Novick Michael T
Bought by
Cutler Scott and Morton Meredith
Seller's Agent
Craig Knizek
The Agency
Buyer's Agent
Adrienne Martz
The Agency
List Price
$5,295,000
Sold Price
$4,650,000
Premium/Discount to List
-$645,000
-12.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,986,886
Avg. Annual Appreciation
5.85%
Original Mortgage
$2,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 25, 2010
Sold by
Novick Michael T and Novick Erika S
Bought by
Novick 2005 Family Trust
Purchase Details
Closed on
Oct 15, 2003
Sold by
Richman Deborah Dana
Bought by
Richman Keith
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
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2003
Sold by
Richman Roxane R
Bought by
Richman Craig
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
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 27, 2003
Sold by
Richman Keith and Richman David
Bought by
Novick Michael T
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
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 2003
Sold by
Richman Marla Sue and M & E Richman Residence Trust
Bought by
Richman Keith
Purchase Details
Closed on
Mar 28, 1996
Sold by
Richman Monroe F
Bought by
Richman Marla Sue and M & E Richman Residence Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cutler Scott | $4,650,000 | Stewart Title | |
| Novick 2005 Family Trust | -- | None Available | |
| Richman Keith | -- | -- | |
| Richman Craig | -- | -- | |
| Novick Michael T | -- | Stewart Title Of Ca Inc | |
| Richman Marla Sue | -- | Stewart Title | |
| Richman Keith | -- | -- | |
| Richman Marla Sue | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cutler Scott | $2,000,000 | |
| Previous Owner | Novick Michael T | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2018 11/05/18 | Rented | $25,000 | 0.0% | -- |
| 08/08/2018 08/08/18 | For Rent | $25,000 | 0.0% | -- |
| 01/03/2017 01/03/17 | Sold | $4,650,000 | 0.0% | $590 / Sq Ft |
| 11/15/2016 11/15/16 | Off Market | $4,650,000 | -- | -- |
| 08/03/2016 08/03/16 | Price Changed | $4,950,000 | -6.5% | $628 / Sq Ft |
| 04/20/2016 04/20/16 | For Sale | $5,295,000 | -- | $672 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $64,276 | $5,396,721 | $3,481,756 | $1,914,965 |
| 2024 | $64,276 | $5,290,904 | $3,413,487 | $1,877,417 |
| 2023 | $63,016 | $5,187,161 | $3,346,556 | $1,840,605 |
| 2022 | $60,085 | $5,085,453 | $3,280,938 | $1,804,515 |
| 2021 | $59,370 | $4,985,739 | $3,216,606 | $1,769,133 |
| 2019 | $57,581 | $4,837,860 | $3,121,200 | $1,716,660 |
| 2018 | $57,341 | $4,743,000 | $3,060,000 | $1,683,000 |
| 2016 | $26,237 | $2,157,425 | $1,297,128 | $860,297 |
| 2015 | $25,854 | $2,125,019 | $1,277,644 | $847,375 |
| 2014 | $25,938 | $2,083,394 | $1,252,617 | $830,777 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Knizek
-
Laura Brau
Tenant's Agent in 2018
Laura Brau
Compass
(310) 650-4156
55 Total Sales
-
A
Buyer's Agent in 2017
Adrienne Martz
The Agency
Map
Source: The MLS
MLS Number: 18-373818
APN: 2284-010-013
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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