Seller's Agent in 2024
Stacee Passen
Redfin
(818) 298-7552
4520 Libbit Ave Encino, CA 91436
4
Beds
5
Baths
4,657
Sq Ft
9,586
Sq Ft Lot
Highlights
- Heated In Ground Pool
- Maid or Guest Quarters
- Wood Flooring
- Lanai Road Elementary Rated A
- Contemporary Architecture
- No HOA
About This Home
As of June 2024You're sure to fall in love with this spectacular gated Mediterranean estate ideally situated in the heart of Encino. This 4 bedroom, 6 bathroom home was totally renovated in 2006. This elegant property features a sweeping two-story foyer with hardwood floors and plenty of natural light. Moving past the grand entry is an incredible chef's kitchen with top-end stainless appliances, gorgeous custom cabinetry, center island with its own sink, granite counter tops and wine fridge. A formal dining room offers plenty of room for entertaining, or relax in the spacious family room complete with cozy fireplace, vaulted ceilings and beautiful French doors that give way to the private backyard and patio area. Upstairs is a spacious master bedroom with sitting area, walk-in closet, and his and her bath complete with steam shower and extra large soaker tub. There is even a separate fitness room. If this isn't enough, the ultra private backyard features a large patio area, BBQ bar area, outdoor.
Last Agent to Sell the Property
Luis Pezzini
Pezzini Luxury Homes License #01357520 Listed on: 04/13/2017
Last Buyer's Agent
Luis Pezzini
Pezzini Luxury Homes License #01357520 Listed on: 04/13/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,198
Year Built
- Built in 1953
Lot Details
- 9,586 Sq Ft Lot
- Property is zoned LARE15
Home Design
- Contemporary Architecture
Interior Spaces
- 4,657 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
- Den with Fireplace
- Home Gym
- Breakfast Area or Nook
- Wood Flooring
- Alarm System
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- Maid or Guest Quarters
- 5 Full Bathrooms
Parking
- 3 Covered Spaces
- Driveway
Pool
- Heated In Ground Pool
- Heated Spa
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2284-013-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Jun 19, 2024
Sold by
Raskin Llc
Bought by
Eghbali Arian
Seller's Agent
Stacee Passen
Redfin
Buyer's Agent
Corrie Sommers
Compass
List Price
$3,349,000
Sold Price
$3,205,250
Premium/Discount to List
-$143,750
-4.29%
Total Days on Market
16
Views
7
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
-$15,405
Avg. Annual Appreciation
-0.51%
Original Mortgage
$2,403,000
Outstanding Balance
$2,384,923
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$804,922
Purchase Details
Closed on
Apr 18, 2024
Sold by
Libbit Retreat Llc
Bought by
Raskin Llc
Purchase Details
Listed on
Apr 13, 2017
Closed on
Jun 9, 2017
Sold by
Bedrosian Victoria
Bought by
Libbit Retreat Llc
Seller's Agent
Luis Pezzini
Pezzini Luxury Homes
Buyer's Agent
Luis Pezzini
Pezzini Luxury Homes
List Price
$1,890,000
Sold Price
$1,730,000
Premium/Discount to List
-$160,000
-8.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Purchase Details
Closed on
Mar 31, 2017
Sold by
Bedrosian Rafi
Bought by
Bedrosian Victoria
Purchase Details
Closed on
Jan 17, 2008
Sold by
Citibank Na
Bought by
Bedrosian Rafi
Purchase Details
Closed on
Oct 17, 2007
Sold by
Michaels Oren
Bought by
Citibank Na
Purchase Details
Closed on
May 24, 2006
Sold by
Berkus Steven
Bought by
Michaels Oren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 2005
Sold by
Vogt Siegfried H and Vogt Gerhild A
Bought by
Berkus Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,800
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 6, 2002
Sold by
Nocerine Dominic J and Nocerine Marietta
Bought by
Vogt Siegfried H
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,205,500 | Provident Title Company | |
| Grant Deed | $2,300,000 | Provident Title Company | |
| Grant Deed | $1,730,000 | Fntg | |
| Interfamily Deed Transfer | -- | Fntg Builder Services | |
| Grant Deed | -- | Fidelity National Title Co | |
| Trustee Deed | $1,895,698 | None Available | |
| Grant Deed | $2,500,000 | Fidelity National Title Co | |
| Grant Deed | $951,000 | Equity Title Company | |
| Grant Deed | $550,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,403,000 | New Conventional | |
| Previous Owner | $1,750,000 | Purchase Money Mortgage | |
| Previous Owner | $760,800 | Fannie Mae Freddie Mac | |
| Closed | $190,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2024 06/26/24 | Sold | $3,205,250 | -4.3% | $688 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | For Sale | $3,349,000 | +93.6% | $719 / Sq Ft |
| 06/16/2017 06/16/17 | Sold | $1,730,000 | -8.5% | $371 / Sq Ft |
| 04/29/2017 04/29/17 | Pending | -- | -- | -- |
| 04/13/2017 04/13/17 | For Sale | $1,890,000 | 0.0% | $406 / Sq Ft |
| 08/17/2013 08/17/13 | Rented | $9,000 | 0.0% | -- |
| 08/16/2013 08/16/13 | Under Contract | -- | -- | -- |
| 05/21/2013 05/21/13 | For Rent | $9,000 | +20.0% | -- |
| 04/23/2012 04/23/12 | Rented | $7,500 | +7.1% | -- |
| 04/20/2012 04/20/12 | Under Contract | -- | -- | -- |
| 04/17/2012 04/17/12 | For Rent | $7,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $24,198 | $1,968,439 | $1,219,181 | $749,258 |
| 2023 | $23,730 | $1,929,843 | $1,195,276 | $734,567 |
| 2022 | $22,625 | $1,892,004 | $1,171,840 | $720,164 |
| 2021 | $22,337 | $1,854,907 | $1,148,863 | $706,044 |
| 2019 | $21,668 | $1,799,891 | $1,114,788 | $685,103 |
| 2018 | $21,527 | $1,764,600 | $1,092,930 | $671,670 |
| 2016 | $21,177 | $1,747,586 | $936,040 | $811,546 |
| 2015 | $20,867 | $1,721,336 | $921,980 | $799,356 |
| 2014 | $20,927 | $1,687,618 | $903,920 | $783,698 |
Source: Public Records
Agents Affiliated with this Home
-
-
Corrie Sommers
Buyer's Agent in 2024
Corrie Sommers
Compass
(310) 433-1975
3 in this area
34 Total Sales
-
Seller's Agent in 2017
Luis Pezzini
Pezzini Luxury Homes
(818) 445-9557
3 Total Sales
-
Maral Veilleux
M
Seller's Agent in 2013
Maral Veilleux
Berkshire Hathaway HomeServices California Properties
(562) 789-5286
2 Total Sales
-
Shannon Steere
S
Buyer's Agent in 2013
Shannon Steere
Coldwell Banker Realty
(310) 457-6550
-
Ellen Francisco
Buyer Co-Listing Agent in 2013
Ellen Francisco
Coldwell Banker Realty
(310) 589-2464
33 Total Sales
Map
Source: The MLS
MLS Number: 17-220756
APN: 2284-013-016
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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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