$1,995,000
SOLD NOV 22, 2016

5076 Encino Ave Encino, CA 91316

5 Beds
3.5 Baths
3,336 Sq Ft
0.41 Acres

Recently Sold

$598 Per Sq Ft

5% Below List Price

55 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Maid or Guest Quarters
  • Gaspar De Portola Middle School Rated A-
  • Midcentury Modern Architecture
  • Living Room with Fireplace

About This Home

As of November 2016

5 Bedroom, 3.5 Bath stunning mid-century modern that has been lovingly remodeled by the current owners. Located in Amestoy Estates and walking distance to Ventura Blvd, this gated and private property has plenty of parking and multiple entertaining areas. Updates include: new kitchen with center island, all new appliances, new wood flooring, remodeled baths, new windows, solar panels (owned), outdoor gas fire pit, outdoor kitchen with Wolf grill, drought-tolerant landscaping and irrigation, children's play structure, outdoor LED lighting, indoor/outdoor speakers with Sonos, outdoor TV, updated electric panel,electric outlet for Tesla, 2 tankless water heaters, dual-zone AC with Nest thermostat, bolted foundation, exterior security cameras, and newly refinished salt water pool with new heater. A separate suite with its own living room, bedroom and bath makes this the perfect floor plan for guests. Like living in a luxurious Palm Springs resort!

Last Agent to Sell the Property

Margaret Arana

Nourmand & Associates-HW License #01237847 Listed on: 07/05/2016

Co-Listed By

Joseph Pasquale

Nourmand & Associates-HW License #01957807

Last Buyer's Agent

Tom Otero

Rodeo Realty License #01153440

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,817

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 0.41 Acre Lot
  • Sprinkler System
  • Property is zoned LARA

Home Design

  • Midcentury Modern Architecture
  • Asphalt Roof

Interior Spaces

  • 3,336 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Den with Fireplace
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Attached Carport Spaces

Pool

  • In Ground Pool
  • Pool Cover

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Additional Features

  • Solar Power System
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2257-016-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,817

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 3336
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1961
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Wood
  • Appliances: Built-In Gas
  • Bedrooms: 5
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Island
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 598.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Pool Cover, Private
  • Pool: Yes
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 6
  • Other Spaces: 6
  • Parking Garage: Carport Attached

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 2257-016-050
  • Geocode Override: No
  • Lot Size Area: 17830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Nov 1, 2016
Sold by
Harthan Todd and Derzius Kerry
Bought by
Rieveschi Peter B and Shannon Lisa M
Seller's Agent
Margaret Arana
Nourmand & Associates-HW
Buyer's Agent
Tom Otero
Rodeo Realty
List Price
$2,095,000
Sold Price
$1,995,000
Premium/Discount to List
-$100,000
-4.77%
Current Estimated Value
$3,005,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,010,251
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,275,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2013
Closed on
Mar 12, 2013
Sold by
Tbd Investments Iii Llc
Bought by
Harthan Todd and Derzius Kerry
Seller's Agent
Lynde Leonard
Coldwell Banker Realty
Buyer's Agent
Margaret Arana
Nourmand & Associates-HW
List Price
$1,159,000
Sold Price
$1,200,000
Premium/Discount to List
$41,000
3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%
Original Mortgage
$960,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2012
Sold by
Tbd Investments Ii Llc
Bought by
Tbd Investments Iii Llc

Purchase Details

Closed on
Oct 18, 2007
Sold by
Smith Harry
Bought by
Tbd Investments Ii

Purchase Details

Closed on
Oct 10, 2007
Sold by
Smith Harry
Bought by
Smith Harry and Harry Smith Living Trust

Purchase Details

Closed on
Nov 20, 2003
Sold by
Begey Joseph E and The Joseph E Begey Trust
Bought by
Begey Joseph E and Begey Annette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2003
Sold by
Begey Joseph E and Begey Annette E
Bought by
Smith Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Begey Joseph E
Bought by
Begey Joseph E and Begey Annette E

Purchase Details

Closed on
Jan 8, 1997
Sold by
Begey Joseph E
Bought by
Begey Joseph E and The Joseph E Begey Trust
Source: Public Records

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Range of Values:

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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 $1,995,000 Lawyers Title Co
Grant Deed $1,200,000 Equity Title Los Angeles
Grant Deed -- None Available
Grant Deed -- Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Co
Grant Deed $1,000,000 California Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,205,118 New Conventional
Closed $1,275,000 New Conventional
Previous Owner $1,160,000 Adjustable Rate Mortgage/ARM
Previous Owner $105,000 Unknown
Previous Owner $960,000 New Conventional
Previous Owner $910,000 Negative Amortization
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $1,995,000 0.0% $598 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
07/18/2016 07/18/16 Price Changed $1,995,000 -4.8% $598 / Sq Ft
07/05/2016 07/05/16 For Sale $2,095,000 +74.6% $628 / Sq Ft
03/28/2013 03/28/13 Sold $1,200,000 +3.5% $360 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $1,159,000 -3.4% $347 / Sq Ft
02/19/2013 02/19/13 Off Market $1,200,000 -- --
02/07/2013 02/07/13 For Sale $1,159,000 -- $347 / 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
2024 $27,817 $2,269,964 $1,815,973 $453,991
2023 $27,272 $2,225,456 $1,780,366 $445,090
2022 $25,996 $2,181,820 $1,745,457 $436,363
2021 $25,674 $2,139,040 $1,711,233 $427,807
2019 $24,900 $2,075,597 $1,660,478 $415,119
2018 $24,704 $2,034,900 $1,627,920 $406,980
2016 $15,269 $1,248,280 $963,881 $284,399
2015 $15,046 $1,229,531 $949,403 $280,128
2014 $15,096 $1,205,447 $930,806 $274,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-140364

The MLS

APN: 2257-016-050