NOT LISTED FOR SALE

4792 Park Encino Ln Unit 301 Encino, CA 91436

Estimated Value: $1,572,000 - $1,835,000

3 Beds
2.5 Baths
2,627 Sq Ft
$1,500/mo HOA Fee

Last Sold April 04, 2023

Last sale price $1,550,000 $590 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,023/month

16 Days on Market

Highlights

  • 24-Hour Security
  • Heated In Ground Pool
  • City Lights View
  • Gaspar De Portola Middle School Rated A-
  • Automatic Gate
  • 7.77 Acre Lot

About This Home

As of April 2023

LOOKING FOR BACK-UP OFFERS. Photos are virtually staged and reimagined. Situated in the exclusive 24-hour guard-gated community of Encino Towers, is this highly sought after penthouse unit with 3 bed, 3 bath, den with large loft. This end unit with 3 balconies, +/- 2627 SF and soaring cathedral ceilings is one of the largest units in the community with unobstructed views across the entire valley. The den is currently designed as a formal library. The spacious master suite has a double door entry, 2 walk-in closets, a private balcony, and fireplace. The large master bath includes double sinks. The living room with fireplace, bamboo floors, private balcony and stunning views through the corner windows and sliding glass doors is the perfect space to entertain guests or relax and retreat. There is an abundance of natural light throughout. Other features include an eat-in kitchen with ample pantry storage, dining room, in unit laundry, 2 side by side parking spaces & storage. Mature trees are visible from every window. Fireplaces are decorative. The grounds are quiet & serene, with lush landscaping, a heated pool, 2 spas, waterfalls, tennis courts, pickle ball & resort-like living. HOA includes 24-hour security gate, EQ ins, water, high speed Internet, cable TV & common area maintenance. Guest parking. Just South of Ventura Blvd near shops and restaurants. Unit is shown empty to give you the opportunity to envision your own lifestyle.

Last Agent to Sell the Property

Carla Patterson

Rodeo Realty License #01836942 Listed on: 02/14/2023

Rodeo Realty

Last Buyer's Agent

Stacey Harper

Pinnacle Estate Properties License #02117330

Pinnacle Estate Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,250

Year Built

  • Built in 1981

Lot Details

  • Property fronts a private road
  • End Unit
  • East Facing Home
  • Gated Home

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 2,627 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Library
  • Loft
  • City Lights Views
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • In Ground Spa
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 2289-019-057

Community Details

Overview

  • Association fees include building and grounds, cable TV, earthquake insurance, trash, water and sewer paid
  • 120 Units
  • Ross Morgan Management Association
  • Low-Rise Condominium

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,250

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Encino Towers
  • Entry Floor: 3
  • Living Area: 2627
  • Lot Acreage: 7.7680
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1981
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Wood, Stone Tile, Carpet
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Washer, Microwave, Range/Oven, Elevator
  • Fireplace: Yes
  • Price Per S Q F T: 608.68

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, End Unit, High Ceilings (9 Feet+)
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: Heated, Association Pool, In Ground, Community
  • Pool: Yes
  • Spa: Community, Hot Tub, In Ground
  • Spa Yn: Yes
  • View: City, Tree Top, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Gated, Garage Is Attached, Community Garage, Controlled Entrance, Side By Side, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Community, Exterior Security Lights, Gated Community with Guard, Gated, Resident Manager

Association/Amenities

  • Amenities: Hot Water, Guest Parking, Gated Parking, Gated Community Guard, Pickleball, Pool, Spa, Elevator, Onsite Property Management, Tennis Courts, Extra Storage
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Cable TV, Earthquake Insurance, Trash, Water and Sewer Paid
  • HOA Fees: 1500.00
  • Management Company: Ross Morgan Management
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2289-019-057
  • Lot Location: Private Road
  • Lot Size Area: 338373

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Mar 17, 2023
Sold by
Ipaktchian Family Trust
Bought by
David And Mary Radell Family Trust
Seller's Agent
Carla Patterson
Rodeo Realty
Buyer's Agent
Stacey Harper
Pinnacle Estate Properties
List Price
$1,725,000
Sold Price
$1,550,000
Premium/Discount to List
-$175,000
-10.14%
Views
49
Current Estimated Value
$1,629,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,011
Avg. Annual Appreciation
3.09%
Original Mortgage
$1,085,000
Outstanding Balance
$1,061,580
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$603,889

Purchase Details

Closed on
Aug 11, 2021
Sold by
Ipaktchian Marita Ritva and The Ipaktchian Family Trust
Bought by
Ipaktchian Marita Ritva and The Ipaktchian Family Trust

Purchase Details

Closed on
Dec 5, 2017
Sold by
Gluck Ronn and Gluck Nikki Suzanne
Bought by
Treitel Emanuel

Purchase Details

Listed on
Jul 24, 2012
Closed on
Jul 30, 2012
Sold by
E R H Co
Bought by
Ipaktchian Sidney and Ipaktchian Marita Ritva
Seller's Agent
Betty Evans
American Heritage Realty
List Price
$798,000
Sold Price
$798,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Dec 10, 2009
Sold by
Treitel Emanuel
Bought by
E R H Co
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
David And Mary Radell Family Trust $1,550,000 Progressive Title Company
Ipaktchian Marita Ritva -- None Available
Treitel Emanuel -- None Available
Ipaktchian Sidney $798,000 Ticor Title Co
E R H Co $900,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David And Mary Radell Family Trust $1,085,000
Previous Owner Ipaktchian Sidney $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $1,550,000 -3.1% $590 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $1,599,000 -7.3% $609 / Sq Ft
02/14/2023 02/14/23 For Sale $1,725,000 +116.2% $657 / Sq Ft
08/28/2012 08/28/12 Sold $798,000 0.0% $304 / Sq Ft
07/29/2012 07/29/12 Pending -- -- --
06/30/2012 06/30/12 For Sale $798,000 -- $304 / 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 $19,250 $1,612,620 $645,048 $967,572
2024 $19,250 $1,581,000 $632,400 $948,600
2023 $11,527 $944,513 $236,719 $707,794
2022 $10,987 $925,994 $232,078 $693,916
2021 $10,842 $907,838 $227,528 $680,310
2020 $10,951 $898,530 $225,195 $673,335
2019 $10,513 $880,913 $220,780 $660,133
2018 $10,472 $863,641 $216,451 $647,190
2017 $10,240 $846,707 $212,207 $634,500
2016 $9,993 $830,106 $208,047 $622,059
2015 $9,846 $817,638 $204,922 $612,716
2014 $9,876 $801,622 $200,908 $600,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-239985

The MLS

APN: 2289-019-057