NOT LISTED FOR SALE

4650 Libbit Ave Encino, CA 91436

Estimated Value: $1,620,000 - $2,072,000

3 Beds
3 Baths
2,469 Sq Ft
$778/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $1,405,000 $569 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,415/month

50 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • 2 Car Attached Garage
  • Lanai Road Elementary Rated A-
  • Breakfast Area or Nook
  • Views

About This Home

As of February 2023

Wonderful opportunity to own this special property in prime Encino, south of the boulevard. Build new or re-imagine this single-story 3 bedroom, 3 bath California ranch home on a large 13,370+ sq. ft. corner lot. Close proximity to local shops, restaurants, parks, and Lanai Road Elementary. This is a probate sale; court confirmation is not required. Sold "AS IS". No credits, no repairs.

Last Agent to Sell the Property

Wendy Hernandez

Berkshire Hathaway HomeServices California Properties License #01924762 Listed on: 11/10/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Wendy Hernandez

Berkshire Hathaway HomeServices California Properties License #01924762 Listed on: 11/10/2022

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 89x150
  • Property is zoned LARE15

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,469 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Breakfast Area or Nook
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2284-016-012

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2469
  • Lot Acreage: 0.3071
  • Lot Dimensions: 89x150
  • Probate: Yes
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 605.51

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2284-016-012
  • Lot Size Area: 13377

Rental Info

  • Court Approve: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Hbs Luxe Homes Inc
Bought by
Hosseini Shahram
Current Estimated Value
$1,920,868

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 28, 2022
Sold by
Friedricks Susan Anne
Bought by
Hbs Luxe Homes Inc
Seller's Agent
Wendy Hernandez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Wendy Hernandez
Berkshire Hathaway HomeServices California Properties
List Price
$1,650,000
Sold Price
$1,405,000
Premium/Discount to List
-$245,000
-14.85%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Aug 18, 2020
Sold by
Walker Phillip
Bought by
Walker Phillip and Walker Loretta

Purchase Details

Closed on
Jul 18, 2012
Sold by
Friedricks Susan
Bought by
Htsc Homes Inc

Purchase Details

Closed on
Nov 2, 1998
Sold by
Lewis Sheppard L
Bought by
Friedricks Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hosseini Shahram -- Accommodation/Courtesy Recordi
Hbs Luxe Homes Inc $1,405,000 California Title Company
Walker Phillip -- None Available
Htsc Homes Inc $610,500 None Available
Friedricks Susan $225,000 Universal Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friedricks Susan $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2023 02/23/23 Sold $1,405,000 -6.0% $569 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/21/2022 12/21/22 Price Changed $1,495,000 -6.3% $606 / Sq Ft
12/05/2022 12/05/22 Price Changed $1,595,000 -3.3% $646 / Sq Ft
12/02/2022 12/02/22 For Sale $1,650,000 0.0% $668 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/19/2022 11/19/22 Price Changed $1,650,000 -12.9% $668 / Sq Ft
11/10/2022 11/10/22 For Sale $1,895,000 -- $768 / 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 $17,641 $1,505,520 $1,046,520 $459,000
2024 $17,641 $1,433,100 $1,020,000 $413,100
2023 $4,514 $339,014 $226,014 $113,000
2022 $4,315 $332,368 $221,583 $110,785
2021 $4,252 $325,852 $217,239 $108,613
2020 $4,289 $322,512 $215,012 $107,500
2019 $4,131 $316,190 $210,797 $105,393
2018 $3,998 $309,991 $206,664 $103,327
2016 $4,335 $297,955 $198,640 $99,315
2015 $3,748 $293,481 $195,657 $97,824
2014 $3,772 $287,733 $191,825 $95,908
Source: Public Records

Agents Affiliated with this Home

  • Wendy Hernandez

    Seller's Agent in 2023

    Wendy Hernandez

    Berkshire Hathaway HomeServices California Properties

    (310) 490-1082

    1 in this area

    14 Total Sales

    Wendy Hernandez
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Map

Source: The MLS

MLS Number: 22-217129

The MLS

APN: 2284-016-012

California Los Angeles County Encino 91436

4650 Libbit Ave, Encino, CA

Not Listed for Sale

Detached

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