4700 Libbit Ave Encino, CA 91436
Estimated Value: $4,453,313 - $5,225,000
6
Beds
4.5
Baths
4,675
Sq Ft
$1,039/Sq Ft
Est. Value
Highlights
- Tennis Courts
- In Ground Pool
- 43,905 Sq Ft lot
- Lanai Road Elementary Rated A
- Gated Parking
- Fireplace in Primary Bedroom
About This Home
As of August 2020For drone video please visit youtube: 4700 Libbit Ave. Former Brian Wilson Estate in the Heart of Encino! Extraordinary gated & pvt Spanish compound with a long line of previous prominent owners. Enter through the heavy wooden gates to your own verdant paradise of rolling lawns & mature landscape. One of the last usable over 1 acre lots in this incredible & convenient South of Ventura Blvd location made for large scale entertaining & set among other notable estate properties. Pool, spa & lighted Tennis Court. Incredible Old World details with modern updates including Ann Sach's tile & Carrara Marble gourmet cooks kitchen. Master suite with spa-like bath & private terrace. 6 total potential bds plus family/media rm, lg breakfast room & so much more. Truly a one of a kind estate that feels like you are in your own forest. Step out of the ordinary & experience all that 4700 Libbit has to offer. Just minutes to the Westside & located in the award winning Lanai Road Charter School District.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #00941825 Listed on: 02/27/2020
Last Buyer's Agent
Ray Carroll
License #01255800
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,741
Year Built
- Built in 1926
Lot Details
- 1.01 Acre Lot
- Gated Home
- Property is zoned LAR1
Home Design
- Spanish Architecture
- Turnkey
- Spanish Tile Roof
Interior Spaces
- 4,675 Sq Ft Home
- 2-Story Property
- Built-In Features
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Oven or Range
- Dishwasher
- Marble Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Powder Room
Parking
- Direct Access Garage
- Circular Driveway
- Gated Parking
- Guest Parking
- Controlled Entrance
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Tennis Courts
- Balcony
- Open Patio
- Porch
Utilities
- Central Heating and Cooling System
- Property is located within a water district
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2284-004-047
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2020
Closed on
Jul 6, 2020
Sold by
Zwirn Laurence and The Laurence Zwirn Trust
Bought by
Henick Matthew J and Killoch Alaina
Seller's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ray Carroll
List Price
$3,750,000
Sold Price
$3,535,000
Premium/Discount to List
-$215,000
-5.73%
Total Days on Market
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,321,078
Avg. Annual Appreciation
6.78%
Original Mortgage
$2,828,000
Outstanding Balance
$2,535,457
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,320,621
Purchase Details
Listed on
Apr 23, 2015
Closed on
Jun 24, 2015
Sold by
Scher Bryan A and Scher Melanie A
Bought by
Zwirn Laurence and The Laurence Zwirn Trust
Seller's Agent
Craig Knizek
The Agency
Buyer's Agent
Subscriber Non
Non-Participant Office
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
1.85%
Original Mortgage
$2,257,500
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2011
Sold by
Scher Bryan A and Scher Melanie
Bought by
Scher Bryan A and Scher Melanie A
Purchase Details
Closed on
Apr 20, 2001
Sold by
Scher Bryan and Scher Melanie
Bought by
Scher Bryan A and Scher Melanie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
6.98%
Purchase Details
Closed on
Nov 3, 2000
Sold by
Scher Bryan and Scher Melanie
Bought by
Scher Bryan and Scher Melanie
Purchase Details
Closed on
Jul 1, 1997
Sold by
The Bank Of New York
Bought by
Scher Bryan and Scher Melanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
4.95%
Purchase Details
Closed on
Feb 18, 1997
Sold by
Golub Barbara and Bank Of New York
Bought by
Bank Of New York and Cwmbs Inc
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 |
|---|---|---|---|
| Henick Matthew J | $3,535,000 | Provident Title Company | |
| Zwirn Laurence | $3,225,000 | Equity Title Los Angeles | |
| Scher Bryan A | -- | None Available | |
| Scher Bryan A | -- | Investors Title Company | |
| Scher Bryan | -- | -- | |
| Scher Bryan | -- | -- | |
| Scher Bryan | $675,000 | First American | |
| Bank Of New York | $761,607 | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Henick Matthew J | $2,828,000 | |
| Previous Owner | Zwirn Laurence | $536,000 | |
| Previous Owner | Zwirn Laurence | $2,550,000 | |
| Previous Owner | Zwirn Laurence | $2,257,500 | |
| Previous Owner | Scher Bryan A | $578,000 | |
| Previous Owner | Scher Bryan | $573,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $3,535,000 | -5.7% | $756 / Sq Ft |
| 06/24/2020 06/24/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | For Sale | $3,750,000 | +16.3% | $802 / Sq Ft |
| 08/04/2015 08/04/15 | Sold | $3,225,000 | -7.7% | $690 / Sq Ft |
| 04/23/2015 04/23/15 | For Sale | $3,495,000 | -- | $748 / Sq Ft |
Source: The MLS
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 | $45,741 | $3,751,369 | $3,001,096 | $750,273 |
| 2023 | $44,848 | $3,677,813 | $2,942,251 | $735,562 |
| 2022 | $42,752 | $3,605,700 | $2,884,560 | $721,140 |
| 2021 | $42,236 | $3,535,000 | $2,828,000 | $707,000 |
| 2020 | $36,976 | $3,030,808 | $2,424,647 | $606,161 |
| 2019 | $35,497 | $2,971,381 | $2,377,105 | $594,276 |
| 2018 | $35,213 | $2,913,120 | $2,330,496 | $582,624 |
| 2016 | $38,737 | $3,225,000 | $2,580,000 | $645,000 |
| 2015 | $11,327 | $918,054 | $365,353 | $552,701 |
| 2014 | $11,383 | $900,072 | $358,197 | $541,875 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Manning
Seller's Agent in 2020
Andrew Manning
Berkshire Hathaway HomeServices California Properties
(818) 380-2147
47 in this area
174 Total Sales
-
R
Buyer's Agent in 2020
Ray Carroll
-
M
Buyer's Agent in 2020
Michael Okun
-
Craig Knizek
Seller's Agent in 2015
Craig Knizek
The Agency
(818) 618-1006
36 in this area
116 Total Sales
-
S
Buyer's Agent in 2015
Subscriber Non
Non-Participant Office
Map
Source: The MLS
MLS Number: 20-557198
APN: 2284-004-047
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