NOT LISTED FOR SALE

5118 Shoshone Ave Encino, CA 91316

Estimated Value: $4,141,273 - $5,564,000

5 Beds
7 Baths
6,400 Sq Ft
$755/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $3,012,010 $471 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $30,389/month

8 Days on Market

Highlights

  • Spa
  • 24,532 Sq Ft lot
  • Fireplace in Primary Bedroom
  • Gaspar De Portola Middle School Rated A-
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of April 2015

A long gated drive sets the stage for this dramatic apx. 6400 s.f. SINGLE STORY hacienda inspired courtyard estate. The property offers unique architectural elements, found only in the finest homes and resorts. The flawless floor plan with great indoor/outdoor flow boasts formal living, formal dining, and center island kitchen open to the family room. The kitchen has Thermador and Subzero stainless steel appliances including double dishwashers, double ovens, double warming drawers and a 6 burner range and grill. Both the kitchen and the adjacent pantry are equipped with custom cabinetry and granite counter tops. The master has a fireplace, sitting room, and master bath with 2 walk-in closets, 2 vanities, and 2 toilet rooms, as well as a private garden with a water feature. All 5 bedrooms are en suite. There is a powder room and a pool bath. The grounds offer a pool with a water feature and spa, patios and lush landscape. This PRIVATE residence is both a home and a retreat.

Last Agent to Sell the Property

Andrea Korchek

The Agency License #01311917 Listed on: 02/05/2015

The Agency

Last Buyer's Agent

Marion Goodman

Berkshire Hathaway HomeServices Crest Re License #00867282

Berkshire Hathaway HomeServices Crest Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,462

Year Built

  • Built in 1991

Lot Details

  • 0.56 Acre Lot
  • Property is zoned LARA

Home Design

  • Hacienda Architecture

Interior Spaces

  • 6,400 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 7 Full Bathrooms

Outdoor Features

  • Spa
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2257-004-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,462

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Hacienda
  • Street Number Display: Yes
  • Living Area: 6400
  • Stories: 1
  • Year Built: 1991
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Stone, Wood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 7
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 499.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Tile
  • Spa: Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage - 3 Car, Garage Is Attached

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2257-004-030
  • Geocode Override: No
  • Lot Size Area: 24532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Feb 18, 2015
Sold by
Sands Richard
Bought by
Lesser David Allen and Thomas M Lesser 2012 Ireevocalbe Trust
Seller's Agent
Andrea Korchek
The Agency
Buyer's Agent
Marion Goodman
Berkshire Hathaway HomeServices Crest Re
List Price
$3,199,000
Sold Price
$3,012,010
Premium/Discount to List
-$186,990
-5.85%
Current Estimated Value
$4,832,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,820,808
Avg. Annual Appreciation
4.99%
Original Mortgage
$2,420,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Washington Duane and J & A Living Trust
Bought by
Sands Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Noble Darlene and Noble Edward D
Bought by
Mcgregory Duran and J & A Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.62%

Purchase Details

Closed on
Sep 11, 1998
Sold by
Allen Richard and Allen Stacy
Bought by
Noble Edward D

Purchase Details

Closed on
Mar 5, 1996
Sold by
Davis Gary
Bought by
Allen Richard and Allen Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.75%
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
Lesser David Allen $3,012,000 Fidelity
Sands Richard -- First American Title
Mcgregory Duran $1,950,000 California Title Company
Noble Edward D $1,725,000 Progressive Title Company
Allen Richard $1,850,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesser David Allen $2,180,000
Closed Lesser David Allen $2,420,000
Previous Owner Sands Richard $1,999,500
Previous Owner Sands Richard $2,000,000
Previous Owner Sands Richard $2,000,000
Previous Owner Washington Duane $991,000
Previous Owner Mcgregory Duran $1,000,000
Previous Owner Noble Darlene $200,000
Previous Owner Allen Richard $1,100,000
Closed Mcgregory Duran $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2015 04/03/15 Sold $3,012,010 -5.8% $471 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $3,199,000 -- $500 / 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 $43,462 $3,548,980 $1,774,490 $1,774,490
2023 $42,617 $3,479,394 $1,739,697 $1,739,697
2022 $40,632 $3,411,172 $1,705,586 $1,705,586
2021 $40,128 $3,344,288 $1,672,144 $1,672,144
2019 $38,924 $3,245,098 $1,622,549 $1,622,549
2018 $38,607 $3,181,470 $1,590,735 $1,590,735
2016 $36,902 $3,057,932 $1,528,966 $1,528,966
2015 $27,295 $2,258,600 $1,364,300 $894,300
2014 $27,915 $2,480,000 $1,498,000 $982,000
Source: Public Records

Agents Affiliated with this Home

  • Andrea Korchek

    Seller's Agent in 2015

    Andrea Korchek

    The Agency

    (818) 371-0933

    9 in this area

    70 Total Sales

    Andrea Korchek
    Section Image
  • Marion Goodman

    Buyer's Agent in 2015

    Marion Goodman

    Berkshire Hathaway HomeServices Crest Re

    (818) 632-3746

    1 in this area

    5 Total Sales

    Marion Goodman
    Section Image
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Map

Source: The MLS

MLS Number: 15-877097

The MLS

APN: 2257-004-030

California Los Angeles County Encino 91316

5118 Shoshone Ave, Encino, CA

This home is located at 5118 Shoshone Ave, Encino, CA 91316 since 05 February 2015 and is currently estimated at $4,832,818, approximately $755 per square foot. This property was built in 1991. 5118 Shoshone 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.

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