NOT LISTED FOR SALE

4485 Libbit Ave Encino, CA 91436

Estimated Value: $1,672,974 - $2,215,000

2 Beds
3 Baths
1,834 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold June 14, 2012

Last sale price $750,000 $409 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $10,502/month

50 Days on Market

Highlights

  • Detached Guest House
  • Gated Parking
  • Family Room with Fireplace
  • Lanai Road Elementary Rated A-
  • French Country Architecture
  • Den

About This Home

As of June 2012

Private and hedged gated Encino country French mini estate on quiet street. 2 bed, 1.75 baths in the main house + large separate studio with full bath in back. Spanish tiled floors through most of the house, wood beamed ceiling accents the living room with fireplace. Formal dining room with designer cloth walls leads you to the French country kitchen with Viking stove and built-in appliances + washer and dryer. Family room with fireplace and bar area. Master bath with separate tub and shower. Beautiful backyard with gazebo and patio area, fountain + high fence and hedges for privacy. Carport parking for 2 cars and 2 additional parking spots behind gates. Close to shopping and freeway and easy access to westside. Lanai School District.

Last Agent to Sell the Property

Gary Yamaguchi

Coldwell Banker Realty License #01290407 Listed on: 04/02/2012

Coldwell Banker Realty

Co-Listed By

Rich Munday

License #01349061

Last Buyer's Agent

Andrew Belcher

RIGHT HERE REALTY License #01707173

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 8,666 Sq Ft Lot
  • Gated Home
  • Wrought Iron Fence
  • Wood Fence
  • Sprinkler System
  • Property is zoned LARE9

Home Design

  • French Country Architecture

Interior Spaces

  • 1,834 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Carpet

Kitchen

  • Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Carport
  • Garage Door Opener
  • Gated Parking

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2284-009-007

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country French
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 1834
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Mixed
  • Appliances: Built-Ins, Cooktop - Gas, Oven
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 3
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • Eating Areas: Dining Area, Formal Dining Rm
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 430.15

Exterior Features

  • Tennis Court Y/N: No
  • Fence: Wood, Wrought Iron
  • Guest House: Detached
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport, Door Opener, Gated
  • Total Parking: 4

Utilities

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

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2284-009-007
  • Lot Size Area: 8666

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2014
Sold by
Payne Freda
Bought by
Payne Freda and Freda Payne 2005 Trust
Current Estimated Value
$1,950,994

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 16, 2012
Sold by
Cheong Leen Flora and Wong Russell
Bought by
Payne Freda
Seller's Agent
Gary Yamaguchi
Coldwell Banker Realty
Buyer's Agent
Andrew Belcher
RIGHT HERE REALTY
List Price
$788,888
Sold Price
$750,000
Premium/Discount to List
-$38,888
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$600,000
Outstanding Balance
$414,538
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,527,173

Purchase Details

Closed on
Jul 19, 2002
Sold by
Delaguarigue Alex and Delaguarigue Josette
Bought by
Cheong Leen Flora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,221
Interest Rate
6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Payne Freda -- None Available
Payne Freda $750,000 Equity Title
Cheong Leen Flora $669,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Freda $600,000
Previous Owner Cheong Leen Flora $468,221
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2012 06/14/12 Sold $750,000 -4.9% $409 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $788,888 -- $430 / 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 $3,363 $262,277 $100,250 $162,027
2024 $3,363 $257,135 $98,285 $158,850
2023 $3,302 $252,094 $96,358 $155,736
2022 $3,174 $247,152 $94,469 $152,683
2021 $3,127 $242,307 $92,617 $149,690
2019 $3,037 $235,122 $89,871 $145,251
2018 $2,962 $230,512 $88,109 $142,403
2016 $2,799 $221,563 $84,689 $136,874
2015 $2,760 $218,236 $83,417 $134,819
2014 $2,777 $213,962 $81,783 $132,179
Source: Public Records

Agents Affiliated with this Home

  • Gary Yamaguchi

    Seller's Agent in 2012

    Gary Yamaguchi

    Coldwell Banker Realty

    (310) 600-6919

    5 Total Sales

    Gary Yamaguchi
    Section Image

  • L

    Seller Co-Listing Agent in 2012

    Larry Skelly

  • R

    Seller Co-Listing Agent in 2012

    Rich Munday

  • Andrew Belcher

    Buyer's Agent in 2012

    Andrew Belcher

    RIGHT HERE REALTY

    (310) 270-2477

    38 Total Sales

    Andrew Belcher
    Section Image
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Map

Source: The MLS

MLS Number: 12-591641

The MLS

APN: 2284-009-007

California Los Angeles County Encino 91436

4485 Libbit Ave, Encino, CA

Not Listed for Sale

Detached

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