NOT LISTED FOR SALE

5045 Louise Ave Encino, CA 91316

Estimated Value: $2,518,840 - $2,667,000

4 Beds
4 Baths
2,312 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $2,020,000 $874 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $16,316/month

3 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Gated Parking
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • 0.51 Acre Lot

About This Home

As of January 2021

Builders Dream in desirable AMESTOY ESTATES! Fixer on 22,223sf FLAT lot surrounded by expensive homes. Tear down, rebuild, expand or update this 1953 1-level GATED ESTATE HOME - much is original. A guest house w bath, pool, spa, circular brick driveway, attached garage and a LIV.rm and a FAM.rm fireplaces already exist. There is room for an ADU. Property is sold in its present “AS IS” vacant condition. Walk to Ventura Blvd shops, banks, restaurants and houses of worship. Few minutes to schools, parks and 101 and 405 freeways!

Last Agent to Sell the Property

Pat Zicarelli

Style Realty & Inv.Co.Inc. License #00559382 Listed on: 12/26/2020

Last Buyer's Agent

Pat Zicarelli

Style Realty & Inv.Co.Inc. License #00559382 Listed on: 12/26/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,221

Year Built

  • Built in 1953

Lot Details

  • 0.51 Acre Lot
  • Wrought Iron Fence
  • Back and Front Yard
  • Property is zoned LARA

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Circular Driveway
  • Brick Driveway
  • Gated Parking

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,312 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Workshop
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Bathtub with Shower

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Legal Lot and Block 1 / 17
  • Tax Tract Number 2955
  • Assessor Parcel Number 2257016004

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,221

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: No
  • Zoning: LARA
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2257016004
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2312.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 873.70
  • Room Type: All Bedrooms Down, Family Room, Guest/Maid's Quarters, Kitchen, Living Room, Master Suite, Workshop
  • Spa Features: Private, Gunite, In Ground
  • Window Features: Blinds, Plantation Shutters
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached, Shed(s), Storage, Workshop
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Brick, Covered, Patio
  • Pool Features: Private, Gunite, In Ground
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Direct Garage Access, Driveway - Brick, Garage, Gated, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Gas Cooktop
  • Heating Type: Central, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22223.00
  • Lot Size Acres: 0.5102

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22223.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 1396.00
  • Tax Lot: 1
  • Tax Tract Number: 2955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
George Madoyan
Bought by
Madoyan George
Current Estimated Value
$2,593,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,486,000
Outstanding Balance
$1,380,846
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,212,614

Purchase Details

Listed on
Dec 26, 2020
Closed on
Jan 15, 2021
Sold by
Ayrapetyan Elena
Bought by
Madoyan Georgi
Seller's Agent
Pat Zicarelli
Style Realty & Inv.Co.Inc.
Buyer's Agent
Pat Zicarelli
Style Realty & Inv.Co.Inc.
List Price
$1,846,000
Sold Price
$2,020,000
Premium/Discount to List
$174,000
9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$100,000
Interest Rate
2.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 26, 2020
Closed on
Jan 13, 2021
Sold by
Gallagher Patrick J and Denet Charles F
Bought by
Madoyan Georgi
Seller's Agent
Pat Zicarelli
Style Realty & Inv.Co.Inc.
Buyer's Agent
Pat Zicarelli
Style Realty & Inv.Co.Inc.
List Price
$1,846,000
Sold Price
$2,020,000
Premium/Discount to List
$174,000
9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2012
Sold by
Denet Charles R
Bought by
Charles R Denet Living Trust
Source: Public Records

Range of Values:

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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
Madoyan George -- Lawyers Title
Madoyan Georgi -- Stewart Title Of California
Madoyan Georgi $2,020,000 Lawyers Title
Charles R Denet Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madoyan George $330,000
Closed Madoyan George $140,000
Open Madoyan George $1,486,000
Previous Owner Madoyan Georgi $100,000
Previous Owner Gallagher Patrick J $100,000
Previous Owner Madoyan Georgi $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $2,020,000 +9.4% $874 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/26/2020 12/26/20 For Sale $1,846,000 -- $798 / 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
2025 $26,221 $2,186,510 $1,749,209 $437,301
2024 $26,221 $2,143,638 $1,714,911 $428,727
2023 $25,711 $2,101,607 $1,681,286 $420,321
2022 $24,512 $2,060,400 $1,648,320 $412,080
2021 $2,937 $216,036 $83,779 $132,257
2020 $2,958 $213,821 $82,920 $130,901
2019 $2,856 $209,630 $81,295 $128,335
2018 $2,674 $205,520 $79,701 $125,819
2016 $2,532 $197,541 $76,607 $120,934
2015 $2,497 $194,575 $75,457 $119,118
2014 $2,520 $190,764 $73,979 $116,785
Source: Public Records

Agents Affiliated with this Home

  • Pat Zicarelli

    Seller's Agent in 2021

    Pat Zicarelli

    Style Realty & Inv.Co.Inc.

    (818) 404-1218

    5 in this area

    20 Total Sales

    Pat Zicarelli
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20252572

California Regional Multiple Listing Service (CRMLS)

APN: 2257-016-004

California Los Angeles County Encino 91316

5045 Louise Ave, Encino, CA

This home is located at 5045 Louise Ave, Encino, CA 91316 since 26 December 2020 and is currently estimated at $2,593,460, approximately $1,121 per square foot. This property was built in 1953. 5045 Louise Ave is a home located in Los Angeles County with nearby schools including Gaspar De Portola Middle School, Encino Charter Elementary, and Birmingham Community Charter High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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