NOT LISTED FOR SALE

5140 Libbit Ave Encino, CA 91436

Estimated Value: $2,133,000 - $2,806,000

4 Beds
2.5 Baths
2,688 Sq Ft
$958/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $2,100,000 $781 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $16,301/month

4 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Pool View
  • Solar Power System
  • Lanai
  • 4-minute walk to Libbit Park

About This Home

As of May 2021

Emotional 4 Bedroom, 3 bath, light filled ranch home on 13,000+ lot. The ultimate California lifestyle home with endlesss charm, sprawling grounds & all the modern upgrades expected. Gourmet kitchen with Bertazzoni range, Kitchenaid everything else, granite counters, breakfast bar & tons of windows look out to the extraordinary yard. The master bedroom suite is outfitted as you would expect & the secondary bedrooms are generously sized. Home is thoughtfully designed down to the built in step stools for the little ones in their bathroom. French doors & ample windows flank the formal dining room, living room and master bedroom, turning the astounding grounds into part of the house. The backyard is an environment unto itself, perfect for entertaining. Outdoor gourmet arched kitchen/bar with seating for 8 and built in umbrella. Newly built Pebble-tec pool with bay entry and 2 step surround, multiple built in umbrella holders, swim up eating area bench & table, spa/pool water feature & LCD multicolored lights. Multiple entertaining areas, huge grassy areas & magnificent landscaping. There are even raised garden beds on drip systems to go farm to table. Truly California living at its best. Minutes to the Westside & convenient to the best public & private schools & places of worship. Much More!

Last Agent to Sell the Property

Tracey Raphael

Sotheby's International Realty License #01450173 Listed on: 04/15/2021

Last Buyer's Agent

Marla Kleinman

License #01257707

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,181

Year Built

  • Built in 1949

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 105x132
  • West Facing Home
  • Property is zoned LARE9

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Crown Molding
  • Recessed Lighting
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Wood Flooring
  • Pool Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area

Eco-Friendly Details

  • Solar Power System

Pool

  • In Ground Pool
  • Gunite Spa
  • Gunite Pool

Outdoor Features

  • Covered Patio or Porch
  • Lanai
  • Built-In Barbecue

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2260-017-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,181

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2688
  • Lot Acreage: 0.3184
  • Lot Dimensions: 105x132
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Built-Ins, Crown Moldings, Recessed Lighting
  • Fireplace Rooms: Living Room
  • Flooring: Wood, Mixed
  • Appliances: Built-In BBQ, Built-In Gas, Built-Ins, Free Standing Gas
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: Master Retreat, Ground Floor Master, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Bar Ice Maker, Barbeque, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 687.87

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Pool Description: Gunite, In Ground
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: Gunite
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Built-In Storage, Direct Entrance, Door Opener, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Dual, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2260-017-003
  • Lot Size Area: 13869

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Apr 22, 2021
Sold by
Gaske Samantha
Bought by
Benfield Shawna V and Benfield Andrew K
Seller's Agent
Tracey Raphael
Sotheby's International Realty
Buyer's Agent
Marla Kleinman
List Price
$1,849,000
Sold Price
$2,100,000
Premium/Discount to List
$251,000
13.57%
Current Estimated Value
$2,575,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,888
Avg. Annual Appreciation
4.85%
Original Mortgage
$1,680,000
Outstanding Balance
$1,525,732
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,045,023

Purchase Details

Closed on
Mar 6, 2009
Sold by
Weiss Howard and Weiss Wendi
Bought by
Gaske Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2000
Sold by
Norton Todd A
Bought by
Norton R Lynn

Purchase Details

Closed on
Sep 26, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Weiss Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.58%

Purchase Details

Closed on
Sep 1, 1994
Sold by
Carriere Mark and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.58%
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
Benfield Shawna V $2,100,000 Orange Coast Title
Gaske Samantha $918,000 California Title Company
Norton R Lynn -- --
Weiss Howard $335,000 American Coast Title
Home Svgs Of America Fsb $274,500 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benfield Shawna V $1,680,000
Previous Owner Gaske Samantha $765,600
Previous Owner Gaske Samantha $765,600
Previous Owner Gaske Samantha $791,500
Previous Owner Gaske Samantha $617,500
Previous Owner Gaske Samantha $625,500
Previous Owner Gaske Samantha $625,500
Previous Owner Weiss Howard $675,000
Previous Owner Weiss Howard $337,387
Previous Owner Weiss Howard $550,000
Previous Owner Weiss Howard $448,000
Previous Owner Weiss Howard $445,000
Previous Owner Weiss Howard $80,000
Previous Owner Weiss Howard $320,000
Previous Owner Weiss Howard $80,000
Previous Owner Weiss Howard $250,000
Previous Owner Weiss Howard $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $2,100,000 +13.6% $781 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,849,000 -- $688 / 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
2025 $27,181 $2,273,104 $1,718,576 $554,528
2024 $27,181 $2,228,534 $1,684,879 $543,655
2023 $26,651 $2,184,839 $1,651,843 $532,996
2022 $25,404 $2,142,000 $1,619,454 $522,546
2021 $14,107 $1,164,824 $690,850 $473,974
2020 $14,250 $1,152,881 $683,767 $469,114
2019 $20,205 $1,130,276 $670,360 $459,916
2018 $19,253 $1,038,959 $657,216 $381,743
2016 $12,166 $998,617 $631,697 $366,920
2015 $11,988 $983,618 $622,209 $361,409
2014 $12,031 $964,351 $610,021 $354,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-717642

The MLS

APN: 2260-017-003