$1,715,000
SOLD DEC 29, 2016

5142 Encino Ave Encino, CA 91316

3 Beds
2 Baths
2,247 Sq Ft
0.62 Acres

Recently Sold

$763 Per Sq Ft

10% Below List Price

Highlights

  • 26,835 Sq Ft lot
  • Deck
  • No HOA
  • Gaspar De Portola Middle School Rated A-
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of June 2019

Excellent opportunity for investors to redevelop this 27,000 sq ft flat lot in Amestoy Estates, homes selling in the 4 to 6 million range on this very street! This flag lot creates total privacy for potential buyers, especially celebrities, or a golden opportunity to fill a persons dreams to move into a great neighborhood at a exceptional price surrounded by multimillion dollar homes! This property has endless potential whether you are an end user or an investor looking for your next project! Please see virtual tour to get full view of the house and property!

Last Agent to Sell the Property

Dave White

Element RE, Inc License #01311443 Listed on: 11/09/2016

Last Buyer's Agent

Adi Livyatan

Christie's Int. R.E SoCal License #01892750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,510

Year Built

  • Built in 1935

Lot Details

  • 0.62 Acre Lot
  • Electric Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned LARA

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 2,247 Sq Ft Home
  • Beamed Ceilings
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Breakfast Area or Nook
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 2955
  • Assessor Parcel Number 2257014021

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,510

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2257014021
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2247.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Tile Counters
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 763.24
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Electric
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Private
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 26835.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 1396.00
  • Tax Lot: 9
  • Tax Tract Number: 2955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 15, 2019
Sold by
Birkat Hadasa Llc
Bought by
Mebane Brandon and Mebane Amena
Seller's Agent
Adi Livyatan
Christie's Int. R.E SoCal
Buyer's Agent
Barbara Glass
Compass
List Price
$4,995,000
Sold Price
$4,850,000
Premium/Discount to List
-$145,000
-2.9%
Current Estimated Value
$6,203,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,353,143
Avg. Annual Appreciation
5.02%

Purchase Details

Listed on
Nov 9, 2016
Closed on
Nov 16, 2016
Sold by
Rabska Don Steven
Bought by
Birkat Hadasa Llc
Seller's Agent
Dave White
Element RE, Inc
Buyer's Agent
Adi Livyatan
Christie's Int. R.E SoCal
List Price
$1,900,000
Sold Price
$1,715,000
Premium/Discount to List
-$185,000
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.12%
Original Mortgage
$1,360,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2015
Sold by
Rabska Don Steven
Bought by
The Don Steven Rabska & Judith Ann Rabsk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2011
Sold by
Rabska Don S and Rabska Judith A
Bought by
Rabska Don Steven and Rabska Judith Ann

Purchase Details

Closed on
Dec 14, 1999
Sold by
Schmidt Family Trust and Frieda Margaret Frieda
Bought by
Rabska Don S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed $4,850,000 Progressive Title Company
Warranty Deed $1,715,000 Ticor Title Co
Warranty Deed -- Accommodation
Warranty Deed -- Fidelity National Title
Warranty Deed -- None Available
Warranty Deed $572,636 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 Commercial
Previous Owner $1,360,000 Purchase Money Mortgage
Previous Owner $720,000 Purchase Money Mortgage
Previous Owner $744,000 Adjustable Rate Mortgage/ARM
Previous Owner $562,500 New Conventional
Previous Owner $475,950 New Conventional
Previous Owner $484,925 New Conventional
Previous Owner $493,200 Unknown
Previous Owner $550,000 Unknown
Previous Owner $150,000 Unknown
Previous Owner $375,000 Unknown
Previous Owner $379,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $4,850,000 -2.9% $655 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $4,995,000 +191.3% $675 / Sq Ft
12/29/2016 12/29/16 Sold $1,715,000 -9.7% $763 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $1,900,000 -- $846 / Sq Ft
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
2024 $64,510 $5,304,179 $3,171,571 $2,132,608
2023 $63,247 $5,200,177 $3,109,384 $2,090,793
2022 $60,286 $5,098,214 $3,048,416 $2,049,798
2021 $59,559 $4,998,250 $2,988,644 $2,009,606
2019 $36,405 $1,784,286 $1,784,286 $0
2018 $21,050 $1,749,300 $1,749,300 $0
2016 $10,747 $879,889 $594,122 $285,767
2015 $10,591 $866,673 $585,198 $281,475
2014 $10,635 $849,697 $573,735 $275,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16743551

California Regional Multiple Listing Service (CRMLS)

APN: 2257-014-021