NOT LISTED FOR SALE

5116 Sophia Ave Encino, CA 91436

Estimated Value: $2,846,000 - $5,118,000

5 Beds
5.5 Baths
5,770 Sq Ft
$666/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $4,625,000 $802 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $21,970/month

64 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Open Floorplan
  • New Construction
  • Primary Bedroom Suite
  • 5-minute walk to Libbit Park

About This Home

As of January 2024

Introducing this newly constructed trophy estate that’s situated on a large 10,000+ sf lot in prime Encino. This home seamlessly merges the traditional allure of a farmhouse with the refinement of contemporary design. Behind a grand front door you will find a spacious open floor plan that features high ceilings and charismatic detailing throughout. A culinary enthusiast's dream, the gourmet kitchen comes equipped with double waterfall islands, chef grade appliances and a charming breakfast nook. An oversized sliding glass door in the adjoining family room disappears into the wall, allowing you to enjoy indoor/outdoor living. Rounding out the main level is a formal dining room, living room, home theater and ensuite bedroom. Upstairs there are an additional four ensuite bedrooms, a laundry room and loft area with a sliding glass door that floods the space with natural light and opens to a large balcony. The luxurious primary suite boasts a custom walk-in closet and sumptuous bathroom that consists of a soaking tub, steam shower and double sinks with a vanity area. Surrounded by privacy hedges, the expansive backyard oasis offers a sparkling pool/spa, low maintenance artificial grass yard and sports court. Top-notch amenities include a temperature controlled wine room, outdoor BBQ, two car garage with mudroom and smart home features. Excellent location, nearby parks, shops/restaurants along Ventura Boulevard and within close proximity to everything the Valley and Westside have to offer.

Last Agent to Sell the Property

Dennis Chernov

Equity Union License #01850113 Listed on: 09/28/2023

Equity Union

Co-Listed By

Kevin Silver

Equity Union License #01888127

Last Buyer's Agent

Dennis Chernov

Equity Union License #01850113 Listed on: 09/28/2023

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,318

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,298 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARE9

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 5,770 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Cathedral Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Loft
  • Storage
  • Laundry Room
  • Utility Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Grill

Schools

  • Hesby Oaks Elementary School
  • Mulholland Middle School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 15490
  • Assessor Parcel Number 2260017021
  • $350 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,318

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARE9
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2260017021
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5770.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wainscoting, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 801.56
  • Room Type: Family Room, Foyer, Home Theatre, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Primary Suite, Utility Room, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Main Floor Full Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Features: Private, 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

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Hesby Oaks
  • Middle Or Junior School: Mulholland
  • Elementary School #2: HESOAK

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10298.00
  • Lot Size Acres: 0.2364

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10298.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1397.01
  • Tax Lot: 9
  • Tax Tract Number: 15490
  • TaxOtherAnnualAssessmentAmount: 350.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Jan 12, 2024
Sold by
Polyicon Investments Trust and E & E Elihu Family Trust
Bought by
5116 Sophia Avenue Llc
Seller's Agent
Dennis Chernov
Equity Union
Buyer's Agent
Dennis Chernov
Equity Union
List Price
$4,999,000
Sold Price
$4,625,000
Premium/Discount to List
-$374,000
-7.48%
Views
112
Current Estimated Value
$3,842,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$782,952
Avg. Annual Appreciation
-10.06%

Purchase Details

Closed on
Jun 24, 2003
Sold by
Powell Mary Claire
Bought by
Powell Mary Claire and The Mary Claire Powell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Powell Mary Claire
Bought by
Powell Mary Claire and Mary Claire Powell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.96%

Purchase Details

Closed on
Jan 18, 2002
Sold by
Powell Mary Claire
Bought by
Powell Mary Claire and The Mary Claire Powell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.63%

Purchase Details

Closed on
Dec 13, 2001
Sold by
Powell Mary Claire
Bought by
Powell Mary Claire and Mary Claire Powell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.63%

Purchase Details

Closed on
Nov 21, 2001
Sold by
Powell Mary Claire and The Mary Claire Powell Trust
Bought by
Powell Mary Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.63%

Purchase Details

Closed on
Feb 17, 1994
Sold by
Powell Mary Claire
Bought by
Powell Mary Claire

Purchase Details

Closed on
Aug 23, 1993
Sold by
Riese Steffanie
Bought by
Riese Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.16%

Purchase Details

Closed on
Aug 9, 1993
Sold by
Riese Steven and Jacobs Judi
Bought by
Powell Mary Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.16%
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 Buyer Sale Price Title Company
5116 Sophia Avenue Llc $4,625,000 Fidelity National Title
Powell Mary Claire -- --
Powell Mary Claire -- Chicago
Powell Mary Claire -- Ctc
Powell Mary Claire -- Ctc
Powell Mary Claire -- --
Powell Mary Claire -- --
Powell Mary Claire -- --
Powell Mary Claire -- --
Riese Steven -- Continental Lawyers Title Co
Powell Mary Claire $420,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Mary Claire $289,000
Previous Owner Powell Mary Claire $290,000
Previous Owner Powell Mary Claire $292,500
Previous Owner Powell Mary Claire $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2024 01/29/24 Sold $4,625,000 -7.5% $802 / Sq Ft
01/03/2024 01/03/24 For Sale $4,999,000 +8.1% $866 / Sq Ft
12/19/2023 12/19/23 Off Market $4,625,000 -- --
09/28/2023 09/28/23 For Sale $4,999,000 +189.8% $866 / Sq Ft
06/16/2021 06/16/21 Sold $1,725,000 +1.5% $749 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,699,000 -- $738 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
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 $22,318 $1,992,060 $1,224,000 $768,060
2024 $22,318 $1,830,583 $1,464,467 $366,116
2023 $21,882 $1,794,690 $1,435,752 $358,938
2022 $20,858 $1,759,500 $1,407,600 $351,900
2021 $8,505 $702,341 $266,933 $435,408
2020 $8,587 $695,140 $264,196 $430,944
2019 $8,250 $681,511 $259,016 $422,495
2018 $8,162 $668,149 $253,938 $414,211
2016 $7,787 $642,206 $244,078 $398,128
2015 $7,673 $632,560 $240,412 $392,148
2014 $7,702 $620,170 $235,703 $384,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23175498

California Regional Multiple Listing Service (CRMLS)

APN: 2260-017-021