NOT LISTED FOR SALE

4949 Libbit Ave Encino, CA 91436

Estimated Value: $3,047,000 - $3,412,000

4 Beds
3.5 Baths
4,039 Sq Ft
$792/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $2,400,000 $594 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $19,391/month

3 Days on Market

Highlights

  • Home Theater
  • Primary Bedroom Suite
  • Cape Cod Architecture
  • In Ground Pool
  • View of Trees or Woods
  • 3-minute walk to Libbit Park

About This Home

As of September 2019

Immaculate Rare One Story New Construction in the heart of Encino. This stunning farmhouse has 4 bedrooms 3.5 bathrooms and a media room. Home boasts of soaring ceilings, high end finishes, Control 4 smart home automation, an amazing floor plan and a large private yard with a barbecue area and a salt-water and heated pool and spa. Located on an oversized lot in a fabulous neighborhood within the desirable Hesby Oaks school district and in close proximity to Ventura Blvd, parks, shopping and more!

Last Agent to Sell the Property

Natalie Kraiem-Levi

Equity Union License #01896518 Listed on: 08/09/2019

Equity Union

Last Buyer's Agent

Simone Poingsett

Coldwell Banker Realty License #01894240

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,366

Year Built

  • Built in 2019

Lot Details

  • 8,979 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 4,039 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Wood Flooring
  • Views of Woods
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Parking

  • 2 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2260-008-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,366

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4039
  • Stories: 1
  • Year Built: 2019
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Built-In BBQ, Microwave
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Down, Master Retreat, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Shower and Tub, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 606.34

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Pavers, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2260-008-020
  • Geocode Override: No
  • Lot Size Area: 8979

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 4, 2019
Sold by
4949 Libbit Ave Llc
Bought by
Washington Laura and Washington Sergio
Seller's Agent
Natalie Kraiem-Levi
Equity Union
Buyer's Agent
Simone Poingsett
Coldwell Banker Realty
List Price
$2,449,000
Sold Price
$2,400,000
Premium/Discount to List
-$49,000
-2%
Current Estimated Value
$3,198,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,847
Avg. Annual Appreciation
4.81%
Original Mortgage
$2,159,760
Outstanding Balance
$1,895,647
Interest Rate
3.7%
Estimated Equity
$1,303,200

Purchase Details

Listed on
Dec 14, 2017
Closed on
Feb 2, 2018
Sold by
Blue Properties Management Llc
Bought by
Hadar Elad
Seller's Agent
Flora Martin
Equity Union
Buyer's Agent
Jasmine Khoramian
Keller Williams Beverly Hills
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.81%
Original Mortgage
$960,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2017
Sold by
Jonassen Irene
Bought by
Nazerian Vartan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1993
Sold by
Jonassen Irene
Bought by
Jonassen Irene and The Irene Jonassen Trust
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
Washington Laura $2,400,000 Stewart Title Company
4949 Libbit Ave Llc -- Stewart Title Company
Hadar Elad $1,200,000 Lawyers Title
Blue Properties Management Llc -- Lawyers Title
Nazerian Vartan $1,030,000 Lawyers Title
Jonassen Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington Laura $2,159,760
Previous Owner Hadar Elad $960,000
Previous Owner Nazerian Vartan $617,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2019 09/17/19 Sold $2,400,000 -2.0% $594 / Sq Ft
08/09/2019 08/09/19 For Sale $2,449,000 +104.1% $606 / Sq Ft
02/07/2018 02/07/18 Sold $1,200,000 -5.9% $566 / Sq Ft View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
12/14/2017 12/14/17 For Sale $1,275,000 -- $602 / 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 $31,366 $2,624,746 $1,312,373 $1,312,373
2024 $31,366 $2,573,282 $1,286,641 $1,286,641
2023 $30,753 $2,522,826 $1,261,413 $1,261,413
2022 $29,313 $2,473,360 $1,236,680 $1,236,680
2021 $28,955 $2,424,864 $1,212,432 $1,212,432
2019 $14,733 $1,224,000 $714,000 $510,000
2018 $12,551 $1,030,000 $824,000 $206,000
2017 $1,712 $131,348 $53,845 $77,503
2016 $1,648 $128,774 $52,790 $75,984
2015 $1,625 $126,841 $51,998 $74,843
2014 $1,639 $124,357 $50,980 $73,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-498080

The MLS

APN: 2260-008-020