NOT LISTED FOR SALE

4612 Libbit Ave Encino, CA 91436

Encino Area

Estimated Value: $4,559,231

6 Beds
7 Baths
5,464 Sq Ft
$834/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2015

Last sale price $3,225,000 $590 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $29,579 / mo

About This Home

Expanded & 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!

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Nortman Gregory Scott
Bought by
Current Estimated Value
$4,559,231

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
Equity Union
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
3.21%
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

Purchase Details

Closed on
May 9, 1994
Sold by
Northeast Svgs Fa
Bought by
American Custody Corp

Purchase Details

Closed on
Feb 3, 1994
Sold by
Northeast Custody Corp
Bought by
Northeast Svgs Fa
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Encino, CA

  • Shannon Fenton Real Estate Agent - Compass

    Shannon Fenton

    Compass

    (424) 338-9165

    99 Total Sales

    1 in Encino

    $5,627,000 Price

    Shannon Fenton
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  • Gina Covello Real Estate Agent - Equity Union

    Gina Covello

    Equity Union

    (562) 568-8948

    26 Total Sales

    1 in Encino

    $1,260,000 Price

    Gina Covello
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  • Michelle Schwartz Real Estate Agent - The Agency

    Michelle Schwartz

    The Agency

    (424) 370-0581

    92 Total Sales

    9 in Encino

    $500K - $12.1M Price Range

    Michelle Schwartz
     Section Image
  • Dutch Markgraf Real Estate Agent - Pinnacle Estate Properties, Inc.

    Dutch Markgraf

    Responds Quickly

    Pinnacle Estate Properties, Inc.

    (747) 249-5528

    46 Total Sales

    4 in Encino

    $1.8M - $4M Price Range

    Dutch Markgraf
     Section Image
  • Eitan Dagan Real Estate Agent - Equity Union

    Eitan Dagan

    Equity Union

    (424) 321-8056

    23 Total Sales

    3 in Encino

    $362K - $2.9M Price Range

    Eitan Dagan
     Section Image
  • Rick Ojeda Real Estate Agent - Carolwood Estates

    Rick Ojeda

    Carolwood Estates

    (424) 499-2867

    32 Total Sales

    3 in Encino

    $2.1M - $3M Price Range

    Rick Ojeda
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2015 10/14/15 Sold $3,225,000 -7.7% $514 / Sq Ft View Prior Sale
09/01/2015 09/01/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $3,495,000 -- $557 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $46,069 $3,894,094 $2,082,888 $1,811,206
2025 $46,069 $3,817,741 $2,042,048 $1,775,693
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 Real Estate Agent - Equity Union

    Seller's Agent in 2015

    Patricia Phillips

    Equity Union

    (818) 535-4920

    7 Total Sales

    Patricia Phillips
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Map

California Los Angeles County Encino 91436

4612 Libbit Ave, Encino, CA

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