NOT LISTED FOR SALE

5108 Libbit Ave Encino, CA 91436

Estimated Value: $2,311,000 - $2,749,000

4 Beds
4 Baths
3,389 Sq Ft
$759/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2020

Last sale price $2,090,000 $617 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,799 / mo

7 Days on Market

Highlights

  • Views of Trees
  • Living Room with Fireplace
  • Wood Flooring
  • Maid or Guest Quarters
  • Traditional Architecture
  • 3-minute walk to Libbit Park

About This Home

As of October 2020

Stunning Single-level East Coast Traditional located on an expansive 10,299 square foot lot. This 4 bedroom, 3.5 bath character rich home boasts a sprawling yard, circular driveway & gated front entrance. With newly refinished floors, a new roof, new water filtration system, gorgeous wainscoting, a spacious family room w/ vaulted wood-beamed ceilings & many fireplaces this home is sure to delight. The light & bright Chefs kitchen is equipped w/ granite counter tops, a 6 burner cooktop, dbl ovens & a large breakfast area w/ custom banquet. The large den/office w/ fireplace could be a 5th bedroom and the master suite boasts a large walk-in closet & French doors that open to the yard. The rare Entertainer's yard offers many lounging areas, built-in bbq island, pergola covered patio & a sports court! Incredible opportunity to own in Hesby Oaks Charter and across from Libbit Park!

Last Agent to Sell the Property

Heather Boyd

Carolwood Estates License #01836830 Listed on: 08/12/2020

Carolwood Estates

Last Buyer's Agent

Keith McKay

License #01700118

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 10,299 Sq Ft Lot
  • Property is zoned LARE9

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,389 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Utility Room
  • Wood Flooring
  • Views of Trees
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Car Garage
  • Circular Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2260-017-014

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

10,299 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3389
  • Lot Acreage: 0.2364
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Alarm System, Barbeque, Freezer, Garbage Disposal, Dishwasher, Water Filter, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 588.67

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2260-017-014
  • Lot Size Area: 10299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 2, 2020
Sold by
Polisky Ryan and Polisky Jordan
Bought by
Kornblit Joshua Isaac and Kornblit Danielle Lesley
Seller's Agent
Heather Boyd
Carolwood Estates
Buyer's Agent
Keith McKay
List Price
$1,995,000
Sold Price
$2,090,000
Premium/Discount to List
$95,000
4.76%
Current Estimated Value
$2,573,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,542
Avg. Annual Appreciation
3.84%
Original Mortgage
$1,672,000
Outstanding Balance
$1,487,155
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,086,387

Purchase Details

Listed on
May 23, 2016
Closed on
Jun 15, 2016
Sold by
Neiman Cynthia
Bought by
Polisky Ryan and Polisky Jordan
Seller's Agent
Monty Iceman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Monty Iceman
Berkshire Hathaway HomeServices California Properties
List Price
$1,295,000
Sold Price
$1,305,000
Premium/Discount to List
$10,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Nov 16, 2004
Sold by
Krause Jeffrey
Bought by
Neiman Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2000
Sold by
Schneider Jeffrey
Bought by
Stone Doug and Greer Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,600
Interest Rate
7.87%

Purchase Details

Closed on
Dec 7, 1996
Sold by
Family Trust Kirshbaum, Jeffrey D Co Tr Kirsh
Bought by
Schneider Jeffrey and Schneider Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kornblit Joshua Isaac $2,090,000 Stewart Title
Polisky Ryan $1,305,000 California Title
Neiman Cynthia -- First Southwestern Title Co
Neiman Cynthia $1,195,000 First Southwestern Title Co
Stone Doug $652,000 Old Republic Title Company
Schneider Jeffrey $385,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kornblit Joshua Isaac $1,672,000
Previous Owner Neiman Cynthia $956,000
Previous Owner Stone Doug $521,600
Previous Owner Schneider Jeffrey $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $2,090,000 +4.8% $617 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $1,995,000 +52.9% $589 / Sq Ft
06/27/2016 06/27/16 Sold $1,305,000 +0.8% $385 / Sq Ft View Prior Sale
05/28/2016 05/28/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $1,295,000 -- $382 / Sq Ft
Source: The MLS

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 $26,978 $2,262,282 $1,353,040 $909,242
2024 $26,978 $2,217,924 $1,326,510 $891,414
2023 $26,450 $2,174,436 $1,300,500 $873,936
2022 $25,211 $2,131,800 $1,275,000 $856,800
2021 $24,982 $2,090,000 $1,250,000 $840,000
2019 $16,678 $1,384,874 $875,602 $509,272
2018 $16,555 $1,357,721 $858,434 $499,287
2016 $13,551 $1,115,000 $446,500 $668,500
2015 $12,838 $1,055,000 $422,500 $632,500
2014 $13,132 $1,055,000 $422,500 $632,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-617300

The MLS

APN: 2260-017-014

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