NOT LISTED FOR SALE

4525 Libbit Ave Encino, CA 91436

Estimated Value: $5,940,631 - $7,207,000

5 Beds
6.5 Baths
7,608 Sq Ft
$845/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $4,995,000 $657 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $39,326/month

8 Days on Market

Highlights

  • Home Theater
  • Cabana
  • Solar Power System
  • Lanai Road Elementary Rated A-
  • Built in 2018 | Newly Remodeled
  • Primary Bedroom Suite

About This Home

As of March 2019

Exquisite new construction gated estate in a coveted enclave of Encino. Past the paver motor court and covered entrance with farm door, guests are greeted by a stunning two-story foyer and wide-plank European Oak floors. Flanked by a formal dining room and elegant formal living room, the Entertainer’s floor plan continues with a temperature controlled wine room, perfect for showcasing even the finest vintage collection. The gourmet Chef’s kitchen boasts quartz countertops, 72-Inch Subzero refrigerator, and 60-inch 6 burner Wolf range with grill, griddle, and pot-filler. The custom built-in breakfast nook with tufted seating sits below a beautiful chandelier, overlooking the inviting family room with contemporary fireplace and built-in bookshelves with storage. Oversized pocket doors open to an outdoor living room with fireplace and media hookups, perfect for al fresco dining. The well appointed media room features chic paneled walls, while a spacious executive office has french doors to the front courtyard. Upstairs, the romantic master suite showcases a fireplace, incredible walk-in closet, and large balcony with views of the backyard. The massive spa-like master bath boasts soaring ceilings, skylights, dual vanity, and a soaking tub. Additional conveniences include Control 4 automation and solar panels for green living. The sprawling grounds feature a sparkling pool & spa, sport court, and dual cabanas. A true one-of-a-kind estate, near fine dining, shopping, & more.

Last Agent to Sell the Property

Adi Livyatan

Rodeo Realty License #01892750 Listed on: 10/11/2018

Rodeo Realty

Last Buyer's Agent

Stephanie Vitacco

Equity Union License #00985615

Equity Union

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.39 Acre Lot
  • Sprinkler System
  • Property is zoned LARE9

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Home Design

  • Cape Cod Architecture
  • Modern Architecture

Interior Spaces

  • 7,608 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Six Burner Stove
  • Built-In Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Solar Power System

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Sport Court
  • Fireplace in Patio
  • Patio
  • Fire Pit

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 8853
  • Assessor Parcel Number 2284002033

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Wired for Alarm System
  • View: No
  • Zoning: LARE9
  • Architectural Style: Cape Cod, Modern
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2284002033
  • Year Built: 2018
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 7608.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Master Bedroom, Patio, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 656.55
  • Room Type: Family Room, Home Theatre, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Office
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Quartz Counters, Soaking Tub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Other Structures: Sport Court Private
  • Patio And Porch Features: Cabana
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Green Features

  • Efficiency: Appliances, Insulation, Thermostat, Water Heater
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 17146.00
  • Lot Size Acres: 0.3936

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17146.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1397.01
  • Tax Lot: 13
  • Tax Tract Number: 8853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Feb 1, 2019
Sold by
D & M Investments Llc
Bought by
Horowitz Adam and Horowitz Erin
Seller's Agent
Adi Livyatan
Rodeo Realty
Buyer's Agent
Stephanie Vitacco
Equity Union
List Price
$4,995,000
Sold Price
$4,995,000
Current Estimated Value
$6,427,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,432,408
Avg. Annual Appreciation
3.64%
Original Mortgage
$3,300,000
Outstanding Balance
$2,895,375
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$3,532,033

Purchase Details

Closed on
Nov 27, 2017
Sold by
Collier Barry
Bought by
D & M Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2009
Sold by
Basil Harry W
Bought by
Collier Barry and Collier Parisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1994
Sold by
Mccollum Timothy D
Bought by
Basil Harry W and Basil Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Horowitz Adam $4,995,000 Ticor Title
D & M Investments Llc $1,680,000 Ticor Title Co
Collier Barry $942,500 California Title Company
Basil Harry W $425,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horowitz Adam $3,300,000
Previous Owner D & M Investments Llc $1,008,000
Previous Owner Collier Barry $728,000
Previous Owner Basil Harry W $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $4,995,000 0.0% $657 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $4,995,000 -- $657 / 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 $66,198 $5,572,014 $3,343,208 $2,228,806
2024 $66,198 $5,462,759 $3,277,655 $2,185,104
2023 $64,897 $5,355,647 $3,213,388 $2,142,259
2022 $61,850 $5,250,635 $3,150,381 $2,100,254
2021 $61,097 $5,147,682 $3,088,609 $2,059,073
2019 $20,394 $1,713,600 $1,713,600 $0
2018 $20,241 $1,680,000 $1,680,000 $0
2017 $12,784 $1,045,776 $836,622 $209,154
2016 $12,488 $1,025,271 $820,218 $205,053
2015 $12,306 $1,009,871 $807,898 $201,973
2014 $12,351 $990,090 $792,073 $198,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18244712

California Regional Multiple Listing Service (CRMLS)

APN: 2284-002-033

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