$4,318,000
SOLD NOV 18, 2024

5007 Texhoma Ave Encino, CA 91316

5 Beds
8 Baths
5,747 Sq Ft
10,852 Sq Ft Lot

Recently Sold

$751 Per Sq Ft

9% Below List Price

36 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Deck
  • Gaspar De Portola Middle School Rated A-
  • Open Floorplan
  • Fireplace in Primary Bedroom Retreat

About This Home

As of November 2024

Welcome to this stunning new construction home, featuring 5 bedrooms 8 bathrooms just under 5800sf and perfectly nestled South of the Boulevard in the heart of Encino. As you step through the impressive oversized wood pivot door, you'll be captivated by the expansive open floor plan, accentuated by soaring ceilings, tinted windows, and natural light streaming in from skylights.The chef’s kitchen is a true culinary masterpiece, boasting top-of-the-line Thermador appliances, 2 grand islands with luxurious porcelain countertops. A butler's pantry/mudroom adds extra storage. The adjoining family room, with its massive “Fleetwood” style doors that seamlessly extends the living space to the outdoors, offering an unparalleled indoor/outdoor experience. Solid core doors, designer wallpaper, & elegant finishes are featured throughout, adding a touch of sophistication to every room.The formal dining room is wrapped in warm wood accents, and featuring a wet bar and wine fridge. The main floor also hosts a spacious living room with a dramatic feature wall. A private home theater & ensuite bedroom ideal for guests or office, and a speakeasy type of space to enhance gatherings.Ascend the open staircase, highlighted by glass walls & a breathtaking multi-tiered chandelier. This serene primary suite feels as though you are on vacation all year long. “Fleetwood” style doors set the tone & open to a private balcony w/mountain views. Dual bathrooms, each w/ custom vanities, designer touches & individual flair. Enviable coupled walk-in closets each w/ its own skylights & custom storage. Completing the vibe is an area for morning coffee or your favorite night-cap. 3 additional ensuite bedrooms, a secondary family room w/ a built-in desk area & laundry room.The home is equipped with a Control 4 automation system & advanced WiFi 6, providing seamless smart home integration. EV wired for 220v outlet in the two-car attached garage w/ epoxy-coated floor. The backyard oasis is a Balinese-inspired dream. Enjoy cool nights by the sunken fire pit, daydream under the expanded exterior living space on the deck made of EPay wood or dine al fresco. A sparkling pool and spa, both of which are controlled by a remote Aqualink system. The outdoor kitchen has extended bar seating. Additionally, there's a grassy yard & pool house with a bathroom. Further enhanced by 3 fireplaces, built-in speakers, state-of-the-art security system, and solar. This is not just a home; it's a lifestyle.

Last Agent to Sell the Property

Stephanie Payab

Berkshire Hathaway HomeServices California Properties Brokerage Phone: 818-269-2796 License #01394407 Listed on: 09/22/2024

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Arturo Tavara

Luxury Collective License #02086676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,003

Year Built

  • Built in 2023

Lot Details

  • 10,852 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Back Yard
  • Property is zoned LARE9

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Home Design

  • Turnkey

Interior Spaces

  • 5,747 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Patio

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 18321
  • Assessor Parcel Number 2290009004
  • $378 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,003

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LARE9
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2290009004
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5747.00 Square Feet
  • Interior Amenities: Balcony, Bar, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Primary Retreat
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 751.35
  • Room Type: Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite
  • Spa Features: Private, Heated, In Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Deck
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 10852.00
  • Lot Size Acres: 0.2491

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 10852.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1396.00
  • Tax Lot: 4
  • Tax Tract Number: 18321
  • TaxOtherAnnualAssessmentAmount: 378.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
Nov 12, 2024
Sold by
Glaser Family Trust and Glaser Jeffrey B
Bought by
Lucky Ventura Llc
Seller's Agent
Stephanie Payab
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Arturo Tavara
Luxury Collective
List Price
$4,749,000
Sold Price
$4,318,000
Premium/Discount to List
-$431,000
-9.08%
Total Days on Market
36
Views
54
Current Estimated Value
$4,294,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,117
Avg. Annual Appreciation
-0.99%

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 9, 2023
Sold by
Texhoma Estate Llc
Bought by
Glaser Family Trust
Seller's Agent
Dennis Chernov
The Agency
Buyer's Agent
Stephanie Payab
Berkshire Hathaway HomeServices California Properties
List Price
$4,389,500
Sold Price
$3,800,000
Premium/Discount to List
-$589,500
-13.43%
Views
227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

Purchase Details

Listed on
Jun 4, 2021
Closed on
Apr 9, 2021
Sold by
Michaels Mark Leo
Bought by
Texhoma Estate Llc
Seller's Agent
Stephanie Vitacco
Equity Union
Buyer's Agent
Stephanie Vitacco
Equity Union
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.63%
Original Mortgage
$2,520,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 22, 1993
Sold by
Bankers Trust Company
Bought by
Michaels Mark Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.74%
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 Type Sale Price Title Company
Grant Deed $4,318,000 Lawyers Title Company
Grant Deed $3,800,000 Lawyers Title
Grant Deed $1,450,000 Lawyers Title
Grant Deed $1,450,000 Lawyers Title
Corporate Deed $230,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Previous Owner $2,520,000 Construction
Previous Owner $2,520,000 Construction
Previous Owner $172,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $4,318,000 -4.0% $751 / Sq Ft
09/27/2024 09/27/24 Price Changed $4,499,000 -5.3% $783 / Sq Ft
09/22/2024 09/22/24 For Sale $4,749,000 +25.0% $826 / Sq Ft
06/27/2023 06/27/23 Sold $3,800,000 -13.4% $655 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $4,389,500 +202.7% $757 / Sq Ft
06/04/2021 06/04/21 Sold $1,450,000 0.0% $732 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,450,000 -- $732 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $47,003 $3,876,000 $2,346,000 $1,530,000
2023 $18,472 $1,508,580 $1,206,864 $301,716
2022 $17,609 $1,479,000 $1,183,200 $295,800
2021 $4,518 $361,134 $288,915 $72,219
2020 $4,558 $357,432 $285,953 $71,479
2019 $4,385 $350,425 $280,347 $70,078
2018 $4,266 $343,554 $274,850 $68,704
2016 $4,060 $330,215 $264,178 $66,037
2015 $4,001 $325,256 $260,210 $65,046
2014 $4,022 $318,885 $255,113 $63,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24167666

California Regional Multiple Listing Service (CRMLS)

APN: 2290-009-004