NOT LISTED FOR SALE

4942 Petit Ave Encino, CA 91436

Estimated Value: $1,697,000 - $2,212,577

3 Beds
3 Baths
2,000 Sq Ft
$959/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $1,415,000 $708 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,979/month

41 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Wood Flooring
  • Gaspar De Portola Middle School Rated A-
  • Living Room with Fireplace
  • 5-minute walk to Los Encinos State Historic Park

About This Home

As of June 2018

Richly Redone home in a quaint Encino neighborhood. Set foot into stunning light hardwood floors & make your way through the naturally bright open floor plan w/ high ceilings, designer tiled fireplace, & a view of the spacious yard through floor to ceiling doors. Throughout the home you will find an entertainer's style floor-plan flowing seamlessly from one space to the next. Walk into the Professional Style Kitchen where you will find stainless Bosch appliances, plentiful counter space, a chic Farmhouse sink, a large center island, & custom cabinets-all open to both the dining & family rooms. Three spacious bedrooms, & 3 exquisite baths w/ no detail spared. The Master Suite is all about the ambiance w/ an abundance of natural light, view to the rear yard, huge walk in closet & a beautifully designed Master Bath w/ designer tile. The 2 addt'l bedrooms have a barn door entry. Outside, is an entertainer's dream yard w/ lounge/play areas & sparkling pool. Tastefully & modernly finished.

Last Agent to Sell the Property

Kevin Driscoll

Coldwell Banker Realty License #01270052 Listed on: 04/16/2018

Coldwell Banker Realty

Last Buyer's Agent

Bryan Abrams

Sotheby's International Realty License #01238720

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,300

Year Built

  • Built in 1949

Lot Details

  • 8,248 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Detached Carport Space

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Center Hall
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2259-013-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,300

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Richly Redone home in a quaint Encino neighborhood. Set foot into stunning light hardwood floors & make your way through the naturally bright open floor plan with high ceilings, designer tiled fireplace, & a view of the spacious backyard through floor to ceiling doors. Throughout the home you will find an open entertainer's style floor-plan flowing seamlessly from one space to the next. Walk into the Professional Style Kitchen where you will find stainless Bosch appliances, plentiful counter space, a chic Farmhouse sink, a large gorgeous marble center island & custom cabinets-all open to both the dining & family rooms. Three spacious bedrooms, & three exquisite bathrooms with no detail spared. The Master Suite is all about the ambiance with an abundance of natural light, view to the rear yard, huge walk in closet & a beautifully designed Master Bath with features such as separate tub/shower & designer tile. The two addt'l bedrooms have a barn door entry. Outside, is an entertainer's dream yard with lounge areas, play areas & sparkling pool. Tastefully & modernly finished. A turn key home ready for you.
  • Living Area: 2000
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 749.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Gunite, In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2259-013-024
  • Geocode Override: No
  • Lot Size Area: 8248

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Kroop Zorina R and The Zorina R Kroop Revocable T
Bought by
Kroop Zorina R and The Zorina R Kroop Revocable T
Current Estimated Value
$1,918,394

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 8, 2018
Sold by
Narghizian Varoujan
Bought by
Kroop Zorina R and The Zorina R Kroop Revocable Trust
Seller's Agent
Kevin Driscoll
Coldwell Banker Realty
Buyer's Agent
Bryan Abrams
Sotheby's International Realty
List Price
$1,499,000
Sold Price
$1,415,000
Premium/Discount to List
-$84,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$919,750
Outstanding Balance
$809,883
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,224,682

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 26, 2017
Sold by
4312 Agnes Llc
Bought by
Narghizian Varoujan and Narghizian Karmen
Seller's Agent
Lilach Basson
Compass
List Price
$1,089,990
Sold Price
$1,067,325
Premium/Discount to List
-$22,665
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.45%
Original Mortgage
$853,859
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2016
Closed on
May 30, 2017
Sold by
Lipshin Irene
Bought by
4312 Agnes Llc
Seller's Agent
Ariyan Afshar
Compass
Buyer's Agent
Drew Hild
List Price
$685,000
Sold Price
$795,000
Premium/Discount to List
$110,000
16.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.84%

Purchase Details

Closed on
Aug 24, 2007
Sold by
Barsegyan Vahe
Bought by
Lipshin Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2007
Sold by
Geukgeuzian Charles
Bought by
Lipshin Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Geukgeuzian Vartkes and Geukgeuzian Nouritza
Bought by
Geukgeuzian Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2005
Sold by
Geukgeuzian Charles
Bought by
Geukgeuzian Vartkes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2005
Sold by
Bekerejian Zare
Bought by
Geukgeuzian Charles

Purchase Details

Closed on
Feb 25, 2005
Sold by
Geukgeuzian Vartkes and Geukgeuzian Nouritza
Bought by
Bekerejian Zare

Purchase Details

Closed on
Apr 30, 2004
Sold by
Geukgeuzian Vartkes
Bought by
Geukgeuzian Vartkes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2004
Sold by
Geukgeuzian Nouritza
Bought by
Geukgeuzian Vartkes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kroop Zorina R -- None Available
Kroop Zorina R $1,415,000 Old Republic Title Company
Narghizian Varoujan $1,067,500 Fidelity National Title Co
4312 Agnes Llc $795,000 Equity Title Company
Lipshin Irene -- Landsafe Title
Lipshin Irene $765,000 Landsafe Title
Geukgeuzian Charles $725,000 Landsafe Title
Geukgeuzian Vartkes -- --
Geukgeuzian Charles -- --
Bekerejian Zare -- --
Bekerejian Zare -- --
Geukgeuzian Vartkes -- --
Geukgeuzian Vartkes -- Landsafe Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kroop Zorina R $919,750
Previous Owner Narghizian Varoujan $853,859
Previous Owner Lipshin Irene $612,000
Previous Owner Geukgeuzian Charles $580,000
Previous Owner Geukgeuzian Vartkes $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2018 06/13/18 Sold $1,415,000 -5.6% $708 / Sq Ft
04/16/2018 04/16/18 For Sale $1,499,000 +40.4% $750 / Sq Ft
10/27/2017 10/27/17 Sold $1,067,325 -2.1% $543 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $1,089,990 +37.1% $554 / Sq Ft
06/02/2017 06/02/17 Sold $795,000 -16.3% $404 / Sq Ft
08/08/2016 08/08/16 Price Changed $950,000 +38.7% $483 / Sq Ft
07/27/2016 07/27/16 For Sale $685,000 -- $348 / 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 $19,300 $1,610,023 $1,288,020 $322,003
2024 $19,300 $1,578,455 $1,262,765 $315,690
2023 $18,924 $1,547,505 $1,238,005 $309,500
2022 $18,039 $1,517,163 $1,213,731 $303,432
2021 $17,822 $1,487,416 $1,189,933 $297,483
2019 $17,286 $1,443,300 $1,154,640 $288,660
2018 $12,982 $1,067,300 $853,900 $213,400
2016 $10,445 $868,000 $695,000 $173,000
2015 $9,839 $817,000 $654,000 $163,000
2014 $9,190 $745,000 $596,000 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-334124

The MLS

APN: 2259-013-024