NOT LISTED FOR SALE

5038 Petit Ave Encino, CA 91436

Encino Area

Estimated Value: $2,747,617 - $3,419,000

5 Beds
5.5 Baths
3,700 Sq Ft
$848/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2019

Last sale price $2,085,000 $564 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $19,430 / mo

74 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • In Ground Spa
  • Custom Home
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • 4-minute walk to Los Encinos State Historic Park

About This Home

As of January 2019

Exceptionally designed new construction 5 bedrooms, 6 bathroom Modern Farmhouse in prime Encino location. This incredible custom home has been designed w/high end finishes throughout including wood floors & modern farmhouse touches. Light and bright formal living room. Formal dining room with custom details. Entry features built in wine cooler and cabinetry. Gorgeous stairwell includes shiplap wall details and built ins upstairs. The eat-in chef's kitchen is complete w/ quartz counter tops, Wolf and Subzero stainless steel appliances, Pot filler, under cabinet lighting, huge walk in pantry and separate butler’s pantry with beverage cooler, & expansive center island. The open concept family room has space for all of your entertaining needs, fireplace, built-ins, & folding wall of glass doors that opens dramatically to the large backyard. Separate downstairs office/guest suite. 4 additional upstairs bedrooms, each with own bathroom. Large master suite with fireplace, walk-in closet, & spa-like bathroom w/ freestanding soaking tub, and large shower with rain shower head. Entertainer’s back yard with sound, has large grassy area, spa with fountain, Fire Pit. Covered outdoor kitchen with BBQ and large built in counter with room for seating and additional table. Smart home system offers sound & much more. Quiet location with easy freeway access, restaurants and shops. Encino Charter Elementary.

Last Agent to Sell the Property

Tim Thompson

Berkshire Hathaway HomeServices California Properties License #01894676 Listed on: 09/08/2018

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Miguel Pinon Blanco

Berkshire Hathaway HomeServices California Properties License #01894706

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 8,239 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Custom Home
  • Clapboard

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Pots and Pans Drawers
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • In Ground Spa
  • Concrete Porch or Patio
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 203
  • Tax Tract Number 14783
  • Assessor Parcel Number 2259014003

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

8,239 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • View: No
  • Architectural Style: Custom Built
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2259014003
  • Year Built: 2018
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3700.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Crown Molding, Dry Bar, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 563.51
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, In Ground
  • Bathroom Features: Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Separate Tub And Shower
  • Room Kitchen Features: Butler's Pantry, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Clapboard

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Microwave, Tankless Water Heater
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 8239.00
  • Lot Size Acres: 0.1891

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8239.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 203
  • Tax Tract Number: 14783

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Bought by
Current Estimated Value
$3,137,154

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 14, 2018
Sold by
Bought by
Seller's Agent
Tim Thompson
Berkshire Hathaway HomeServices California Properties
List Price
$2,350,000
Sold Price
$2,085,000
Premium/Discount to List
-$265,000
-11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,668,000
Interest Rate
0.0387%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 15, 2017
Closed on
Feb 28, 2017
Sold by
Bought by
Seller's Agent
Lilach Basson
Compass
Buyer's Agent
Miguel Pinon Blanco
Berkshire Hathaway HomeServices California Properties
List Price
$899,995
Sold Price
$1,020,000
Premium/Discount to List
$120,005
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.57%
Original Mortgage
$714,000
Interest Rate
0.0419%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 17, 2016
Sold by
Bought by
Seller's Agent
Joan Sabran
Beverly and Company
Buyer's Agent
Lilach Basson
Compass
List Price
$825,000
Sold Price
$854,000
Premium/Discount to List
$29,000
3.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$2,085,000 Chicago Title Company
$1,020,000 Lawyers Title
$854,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Closed $631,000
Open $1,668,000
Previous Owner $1,300,000
Previous Owner $714,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2019 01/16/19 Sold $2,085,000 -11.3% $564 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $2,350,000 +130.4% $635 / Sq Ft
03/06/2017 03/06/17 Sold $1,020,000 +13.3% $640 / Sq Ft View Prior Sale
02/17/2017 02/17/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $899,995 +5.4% $565 / Sq Ft
02/08/2017 02/08/17 Sold $854,000 +3.5% $536 / Sq Ft View Prior Sale
12/02/2016 12/02/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $825,000 -- $518 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $28,039 $2,325,853 $1,394,398 $931,455
2024 $27,695 $2,280,249 $1,367,057 $913,192
2023 $27,152 $2,235,539 $1,340,252 $895,287
2022 $25,878 $2,191,706 $1,313,973 $877,733
2021 $25,557 $2,148,732 $1,288,209 $860,523
2019 $12,725 $1,061,207 $848,966 $212,241
2018 $12,639 $1,040,400 $832,320 $208,080
2016 $1,296 $97,497 $39,325 $58,172
2015 $1,229 $96,034 $38,735 $57,299
2014 $1,242 $94,154 $37,977 $56,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18216728

California Regional Multiple Listing Service (CRMLS)

APN: 2259-014-003

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