4612 Libbit Ave Encino, CA 91436
Estimated Value: $4,506,000 - $6,462,000
6
Beds
6.5
Baths
6,280
Sq Ft
$868/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Filtered Pool
- Automatic Gate
- Lanai Road Elementary Rated A
- Primary Bedroom Suite
- Updated Kitchen
About This Home
As of October 2015Expanded & rebuilt in 2015, this 6BR/7BA/6280sf gated estate is a fluid blend of East Coast Traditional and Contemporary styling -- perfect for buyers who want new construction AND appreciate "character". The WOW factor begins with its impressive frontage created by the deep setback, towering trees & expansive front yard... then continues with its soaring entry & custom-built staircase. The distinctive floor plan is anchored by a sunlit Great Room with soaring ceiling & walls of glass inviting indoor/outdoor living. The resort-style, vaulted Master suite boasts fireplace, room-size closet, French doors opening to the backyard & lavish marble bathroom with sauna. The large chef's kitchen with Calcutta marble island & backsplash, quartz-countered cabinetry and Wolf & Sub Zero s/s appliances opens to the cozy family room & secluded backyard. Smart buyers will love their "Total Control" -- the latest in home automation and security. Throughout you can see exquisite architectural detailing & quality construction plus oak plank flooring, wainscoting & LED lighting. Privacy abounds! The grounds feature mature landscaping, lawns, stamped concrete motorcourt & rebuilt pool/spa -- yet you are just 1 block from Ventura Blvd. & minutes from 10-rated Lanai Elementary!
Last Listed By
The Brad Korb Real Estate Group License #01303792 Listed on: 06/18/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,514
Year Built
- Built in 1948 | Remodeled
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 82 x 190
- Wrought Iron Fence
- Stucco Fence
- Fence is in excellent condition
- Landscaped
- Corner Lot
- Paved or Partially Paved Lot
- Level Lot
- Irregular Lot
- Front and Back Yard Sprinklers
- Private Yard
- Lawn
- Back and Front Yard
- Property is zoned LARE15
Parking
- 2 Car Direct Access Garage
- 1 Attached Carport Space
- Parking Available
- Front Facing Garage
- Side by Side Parking
- Two Garage Doors
- Garage Door Opener
- Driveway
- Automatic Gate
- Uncovered Parking
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Shingle Siding
- Copper Plumbing
- Stucco
Interior Spaces
- 6,280 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Wired For Data
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Window Screens
- Double Door Entry
- French Doors
- Sliding Doors
- Wine Cellar
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Den
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Double Convection Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Retreat
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Maid or Guest Quarters
- Low Flow Plumbing Fixtures
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Alarm System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- More Than Two Accessible Exits
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
Pool
- Filtered Pool
- Heated In Ground Pool
- Gas Heated Pool
- Gunite Pool
- Fence Around Pool
- Heated Spa
- In Ground Spa
- Gunite Spa
Outdoor Features
- Balcony
- Covered patio or porch
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Overhead Utilities
- Tankless Water Heater
- Sewer Paid
- Cable TV Available
Community Details
- No Home Owners Association
- Valley
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 2449
- Assessor Parcel Number 2284013025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 20, 2023
Sold by
Nortman Gregory Scott
Bought by
Greg Nortman Trust
Total Days on Market
75
Current Estimated Value
Purchase Details
Listed on
Jun 18, 2015
Closed on
Oct 9, 2015
Sold by
Phillips Mark
Bought by
The Gregory & Stephanie Nortman Revocabl
Seller's Agent
Patricia Phillips
The Brad Korb Real Estate Group
List Price
$3,495,000
Sold Price
$3,225,000
Premium/Discount to List
-$270,000
-7.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,750,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 27, 2015
Sold by
Ds1 Construction Inc
Bought by
Phillips Mark and Phillips Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 24, 2015
Sold by
Phillips Mark
Bought by
Ds1 Construction Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 26, 2014
Sold by
Phillips Mark
Bought by
Phillips Mark and Phillips Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.08%
Mortgage Type
Unknown
Purchase Details
Closed on
May 15, 2002
Sold by
Venit Adam and Venit Trina
Bought by
Venit Adam and Venit Trina
Purchase Details
Closed on
May 18, 1994
Sold by
American Custody Corp
Bought by
Phillips Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
8.53%
Purchase Details
Closed on
May 9, 1994
Sold by
Northeast Svgs Fa
Bought by
American Custody Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
8.53%
Purchase Details
Closed on
Feb 3, 1994
Sold by
Northeast Custody Corp
Bought by
Northeast Svgs Fa
Similar Homes in Encino, CA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greg Nortman Trust | -- | None Listed On Document | |
| The Gregory & Stephanie Nortman Revocabl | $3,225,000 | Progressive Title | |
| Phillips Mark | -- | None Available | |
| Ds1 Construction Inc | -- | Provident Title Company | |
| Phillips Mark | -- | Usa National Title Co | |
| Venit Adam | -- | First American Title Co | |
| Phillips Mark | $848,000 | Chicago Title Insurance Co | |
| American Custody Corp | -- | -- | |
| Northeast Svgs Fa | $720,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nortman Gregory Scott | $1,530,000 | |
| Previous Owner | The Gregory & Stephanie Nortman Revocabl | $1,750,000 | |
| Previous Owner | Ds1 Construction Inc | $2,350,000 | |
| Previous Owner | Phillips Mark | $500,000 | |
| Previous Owner | Phillips Mark | $250,000 | |
| Previous Owner | Phillips Mark | $1,400,000 | |
| Previous Owner | Phillips Mark | $200,000 | |
| Previous Owner | Phillips Mark | $850,000 | |
| Previous Owner | Brookshire Judith L | $60,000 | |
| Previous Owner | Phillips Mark | $140,000 | |
| Previous Owner | Zalevsky Alexander A | $100,000 | |
| Previous Owner | Phillips Mark | $649,950 | |
| Previous Owner | Phillips Mark | $636,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2015 10/14/15 | Sold | $3,225,000 | -7.7% | $514 / Sq Ft |
| 09/01/2015 09/01/15 | Pending | -- | -- | -- |
| 06/18/2015 06/18/15 | For Sale | $3,495,000 | -- | $557 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $45,514 | $3,742,884 | $2,002,008 | $1,740,876 |
| 2023 | $44,623 | $3,669,495 | $1,962,753 | $1,706,742 |
| 2022 | $42,533 | $3,597,545 | $1,924,268 | $1,673,277 |
| 2021 | $42,011 | $3,527,006 | $1,886,538 | $1,640,468 |
| 2019 | $40,743 | $3,422,395 | $1,830,583 | $1,591,812 |
| 2018 | $40,559 | $3,355,290 | $1,794,690 | $1,560,600 |
| 2016 | $38,800 | $3,225,000 | $1,725,000 | $1,500,000 |
| 2015 | $14,741 | $1,199,263 | $707,116 | $492,147 |
| 2014 | $14,790 | $1,175,772 | $693,265 | $482,507 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Phillips
Seller's Agent in 2015
Patricia Phillips
The Brad Korb Real Estate Group
(818) 535-4920
2 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR15132866
APN: 2284-013-025
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