Seller's Agent in 2020
Richard Bustamante
Real Broker
(714) 612-1104
14 Total Sales
4513 Comber Ave Encino, CA 91316
Estimated Value: $5,103,331 - $5,624,000
5
Beds
7
Baths
8,783
Sq Ft
$609/Sq Ft
Est. Value
Highlights
- Attached Guest House
- Wine Cellar
- Primary Bedroom Suite
- Gaspar De Portola Middle School Rated A-
- Private Pool
- Gated Parking
About This Home
As of January 2020Spectacular Estate Property at the top of Comber Avenue in the exclusive Rancho Estates community of Encino. This large, fully gated property sits at the end of a private cul-de-sac on a lot that features an impressive drive, a dramatically situated 8,700+ sf home looking down on the San Fernando Valley. The property, which backs up to the Encino Reservoir, is undoubtedly one of the best locations in this exclusive community. The architectural layout of the home and amenities were carefully built around large, mature oak trees which add to the majestic feeling and prowess of the property. This home is a distinctive, impressive property with grand rooms and several unique indoor and outdoor features/spaces offering much potential for entertaining and elegant living. The property needs updating throughout, but features a lighted tennis court/basketball court, a pool/spa area, a guest quarter/casita, a subterranean wine cellar, and much, much more.
Last Agent to Sell the Property
Real Broker License #01303024 Listed on: 12/15/2019
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- 1.07 Acre Lot
- Masonry wall
- Chain Link Fence
- Paved or Partially Paved Lot
- Lot Sloped Down
- Property is zoned LARA
Parking
- 3 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Three Garage Doors
- Circular Driveway
- Driveway Up Slope From Street
- Gated Parking
Property Views
- City Lights
- Neighborhood
- Courtyard
Home Design
- Additions or Alterations
- Major Repairs Completed
Interior Spaces
- 8,783 Sq Ft Home
- 1-Story Property
- Wet Bar
- Built-In Features
- Cathedral Ceiling
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Atrium Room
- Basement
Kitchen
- Dumbwaiter
- Eat-In Kitchen
- Kitchen Island
Flooring
- Wood
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Multi-Level Bedroom
- Walk-In Closet
- 7 Full Bathrooms
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Private Pool
- Fireplace in Patio
- Brick Porch or Patio
- Outdoor Fireplace
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Additional Features
- Attached Guest House
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 16799
- Assessor Parcel Number 2290017007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2019
Closed on
Dec 20, 2019
Sold by
Thayer Properties Inc
Bought by
Rao Amir and Rao Irram
Seller's Agent
Richard Bustamante
Real Broker
Buyer's Agent
Richard Bustamante
Real Broker
List Price
$4,395,000
Sold Price
$3,735,000
Premium/Discount to List
-$660,000
-15.02%
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
$1,610,333
Avg. Annual Appreciation
5.99%
Original Mortgage
$2,988,000
Outstanding Balance
$2,635,438
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$2,709,895
Purchase Details
Closed on
Nov 20, 2019
Sold by
Garnet William Darryl and Lueth Jacquelynn Rae
Bought by
Thayer Properties Inc and Residential First Capital
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,988,000
Outstanding Balance
$2,635,438
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$2,709,895
Purchase Details
Closed on
Jun 15, 2018
Sold by
Garnet William Darryl
Bought by
Garnet William Darryl and Lueth Jacquelynn Rae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 4, 2002
Sold by
Buxbaum Paul
Bought by
Garnet William Darryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,080,000
Interest Rate
7.13%
Mortgage Type
Balloon
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rao Amir | $3,735,000 | Stewart Title Of California | |
| Thayer Properties Inc | $50,000 | Accommodation | |
| Garnet William Darryl | -- | Stewart Title Of California | |
| Garnet William Darryl | $3,200,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rao Amir | $2,988,000 | |
| Previous Owner | Garnet William Darryl | $410,000 | |
| Previous Owner | Garnet William Darryl | $2,080,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2020 01/22/20 | Sold | $3,735,000 | -15.0% | $425 / Sq Ft |
| 12/15/2019 12/15/19 | For Sale | $4,395,000 | -- | $500 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $49,070 | $4,084,764 | $2,246,347 | $1,838,417 |
| 2024 | $49,070 | $4,004,671 | $2,202,301 | $1,802,370 |
| 2023 | $48,116 | $3,926,149 | $2,159,119 | $1,767,030 |
| 2022 | $45,894 | $3,849,167 | $2,116,784 | $1,732,383 |
| 2021 | $45,315 | $3,773,694 | $2,075,279 | $1,698,415 |
| 2020 | $45,781 | $3,735,000 | $2,241,000 | $1,494,000 |
| 2019 | $50,524 | $4,237,823 | $2,648,640 | $1,589,183 |
| 2018 | $50,261 | $4,154,729 | $2,596,706 | $1,558,023 |
| 2016 | $48,047 | $3,993,398 | $2,495,874 | $1,497,524 |
| 2015 | $47,338 | $3,933,414 | $2,458,384 | $1,475,030 |
| 2014 | $47,477 | $3,856,365 | $2,410,228 | $1,446,137 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Bustamante
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19281474
APN: 2290-017-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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