NOT LISTED FOR SALE

4550 Portico Place Encino, CA 91316

Estimated Value: $4,437,196 - $5,098,000

5 Beds
6 Baths
6,293 Sq Ft
$768/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $2,900,000 $461 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $28,791/month

92 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • French Country Architecture
  • Gaspar De Portola Middle School Rated A-
  • 23,408 Sq Ft lot
  • Fireplace in Primary Bedroom

About This Home

As of January 2019

Double gates synchronically open to expose a lushly landscaped, long drive of blue stone and laced brick, and ultimately the imposing, yet warm, country estate that would be a dream to call home. Recently remodeled, the main floor of the interior offers a gracious entry revealing a dramatic, floating curved stairwell, and elegant formal living and dining rooms. Adjacent find a chef's center island kitchen with breakfast room, family room with fireplace and bar, an en-suite bedroom, powder room, and laundry. Architectural integrity abounds with an inspired blue print and fine finishes enhanced by lush greenery captured by French doors in every public room. Upstairs find a magnificent master suite, three generous additional en-suite bedrooms, and a large media or recreation room, which complete the spacious second floor. Outside, find intimate and open areas to gather, swim, play and entertain. All this, private and perfectly sited on prestigious south of the boulevard Portico Place.

Last Agent to Sell the Property

Andrea Korchek

The Agency License #01311917 Listed on: 10/03/2018

The Agency

Last Buyer's Agent

Jeffrey Lu

License #01406726

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,907

Year Built

  • Built in 1989

Lot Details

  • 0.54 Acre Lot
  • Property is zoned LARA

Parking

  • 3 Car Attached Garage

Home Design

  • French Country Architecture

Interior Spaces

  • 6,293 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2289-015-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,907

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country French
  • Street Number Display: Yes
  • Living Area: 6293
  • Stories: 2
  • Year Built: 1989
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Built-Ins, Freezer, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 507.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Attached, Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2289-015-029
  • Geocode Override: No
  • Lot Size Area: 23408

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2018
Sold by
Mirahmadi Patrik
Bought by
Tsai Guochuan Emil and Wu Vivian Yaling
Current Estimated Value
$4,833,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 6, 2014
Closed on
Jun 10, 2015
Sold by
Mirahmadi Cindy Jeannette
Bought by
Mirahmadi Patrik
Seller's Agent
Andrea Korchek
The Agency
Buyer's Agent
Patrik Mirahmadi
Sunset Plaza Properties
List Price
$2,930,000
Sold Price
$2,600,000
Premium/Discount to List
-$330,000
-11.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Mar 10, 2015
Sold by
Shayfer Shawn Sohail and Shayfer Melissa Lara
Bought by
Mirahmadi Patrik

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
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2010
Sold by
Wolin Barry and Wolin Wendy
Bought by
Shayfer Shawn Sohail and Shayfer Melissa Lara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,679,300
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2003
Sold by
Blum Joseph and Stillo Donna
Bought by
Wolin Barry and Wolin Wendy

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
5.89%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Green Katherine D
Bought by
Blum Joseph and Stillo Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.21%

Purchase Details

Closed on
May 3, 1999
Sold by
Green Katherine D
Bought by
Green Katherine D
Source: Public Records

Range of Values:

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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
Tsai Guochuan Emil $2,900,000 Equity Title Los Angeles
Mirahmadi Patrik -- Fidelity National Title Co
Mirahmadi Patrik $2,600,000 Fidelity Sherman Oaks
Shayfer Shawn Sohail $2,399,000 Lawyers Title Company
Wolin Barry $1,912,500 California Title Company
Blum Joseph $1,550,000 Southland Title Company
Green Katherine D -- --
Levey Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsai Guochuan Emil $2,175,000
Previous Owner Mirahmadi Patrik $1,000,000
Previous Owner Shayfer Shawn Sohail $1,679,300
Previous Owner Wolin Barry $1,000,000
Previous Owner Blum Joseph $400,000
Closed Blum Joseph $600,000
Closed Wolin Barry $434,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2019 01/18/19 Sold $2,900,000 -9.2% $461 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $3,195,000 +22.9% $508 / Sq Ft
06/15/2015 06/15/15 Sold $2,600,000 -7.1% $413 / Sq Ft View Prior Sale
04/30/2015 04/30/15 Pending -- -- --
01/29/2015 01/29/15 Price Changed $2,799,000 -3.4% $445 / Sq Ft
12/04/2014 12/04/14 Price Changed $2,899,000 -1.1% $461 / Sq Ft
11/06/2014 11/06/14 For Sale $2,930,000 -- $466 / 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 $38,907 $3,235,000 $2,102,752 $1,132,248
2024 $38,907 $3,171,570 $2,061,522 $1,110,048
2023 $38,152 $3,109,383 $2,021,100 $1,088,283
2022 $36,398 $3,048,416 $1,981,471 $1,066,945
2021 $35,942 $2,988,644 $1,942,619 $1,046,025
2019 $1,182 $2,801,214 $1,763,904 $1,037,310
2018 $33,516 $2,746,289 $1,729,318 $1,016,971
2016 $32,017 $2,639,649 $1,662,167 $977,482
2015 $31,040 $2,557,341 $1,071,226 $1,486,115
2014 $31,130 $2,507,248 $1,050,243 $1,457,005
Source: Public Records

Agents Affiliated with this Home

  • Andrea Korchek

    Seller's Agent in 2019

    Andrea Korchek

    The Agency

    (818) 371-0933

    8 in this area

    75 Total Sales

    Andrea Korchek
    Section Image

  • J

    Buyer's Agent in 2019

    Jeffrey Lu

  • P

    Buyer's Agent in 2015

    Patrik Mirahmadi

    Sunset Plaza Properties

    Section Image
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Map

Source: The MLS

MLS Number: 18-392840

The MLS

APN: 2289-015-029

California Los Angeles County Encino 91316

4550 Portico Place, Encino, CA

This home is located at 4550 Portico Place, Encino, CA 91316 since 03 October 2018 and is currently estimated at $4,833,049, approximately $768 per square foot. This property was built in 1989. 4550 Portico Place is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Encino Charter Elementary, and Birmingham Community Charter High.

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