NOT LISTED FOR SALE

5180 Louise Ave Encino, CA 91316

Estimated Value: $7,930,623 - $8,805,000

7 Beds
8.5 Baths
11,149 Sq Ft
$738/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $5,470,000 $491 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $50,931/month

130 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • In Ground Pool
  • Gaspar De Portola Middle School Rated A-
  • Home Theater
  • 64,385 Sq Ft lot

About This Home

As of October 2018

New Price! Majestic estate on an acre and a half of manicured grounds with grand scale throughout offering every amenity imaginable. Two story sun-filled living room with hardwood floors and fireplace. Formal Dining room. Large family room flanked by full-service professional bar. Gourmet eat-in kitchen. Private screening room, music room, office, gym and elevator. Grand master suite with dual baths and walk-in closets. Additionally, there are three large bedroom suites and housekeeper's room. Impressively, there are also 2 one-bedroom guest homes on the property, each with private kitchens and laundry. Magnificent grounds with putting green, swimmers pool & spa are surrounded by remarkable, sprawling lawns and long gated driveway worthy of the finest estates. Property is complete with a three-car garage and additional 20-car parking capacity. Unrivaled living!

Last Agent to Sell the Property

Steve Frankel

Coldwell Banker Realty License #01195571 Listed on: 05/21/2018

Coldwell Banker Realty

Co-Listed By

Barbara Tenenbaum

Carolwood Estates License #00823256

Last Buyer's Agent

Carol Chua

License #00908699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,066

Year Built

  • Built in 1988

Lot Details

  • 1.48 Acre Lot
  • Gated Home
  • Property is zoned LARA

Home Design

  • Traditional Architecture

Interior Spaces

  • 11,149 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Library
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Parking

  • 20 Car Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Open Patio

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2258-005-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,066

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 11149
  • Stories: 2
  • Year Built: 1988
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Guest House, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 537.72

Exterior Features

  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Driveway, Garage
  • Total Parking: 20

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2258-005-045
  • Geocode Override: No
  • Lot Size Area: 64385

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2019
Sold by
Furniturewala Irfan M and Furniturewala Asma
Bought by
Furniturewala Irfan M and Furniturewala Asma
Current Estimated Value
$8,229,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,376,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 20, 2018
Sold by
Leemann Ali
Bought by
Furniturewala Irfan and Furniturewala Asma
Seller's Agent
Steve Frankel
Coldwell Banker Realty
Buyer's Agent
Carol Chua
List Price
$6,995,000
Sold Price
$5,470,000
Premium/Discount to List
-$1,525,000
-21.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$376,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 5, 2012
Closed on
Mar 1, 2013
Sold by
Hasselhoff David and The Hasselhoff 1995 Trust
Bought by
Leemann Ali and Leemann Anuradha
Seller's Agent
Gina Martino
The Agency
Buyer's Agent
Steve Frankel
Coldwell Banker Realty
List Price
$3,795,000
Sold Price
$3,549,000
Premium/Discount to List
-$246,000
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$2,300,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2011
Sold by
Hasselhoff David
Bought by
Hasselhoff David and Hasselhoff 1995 Trust

Purchase Details

Closed on
Jun 14, 2010
Sold by
Bach Hasselhoff Pamela
Bought by
Hasselhoff David

Purchase Details

Closed on
Mar 20, 1996
Sold by
Altman Abraham
Bought by
Hasselhoff David and Bach Hasselhoff Pamela

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
7.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Furniturewala Irfan M -- Chicago Title Company
Furniturewala Irfan $5,470,000 Equity Title Los Angeles
Leemann Ali $3,549,035 California Title Company
Hasselhoff David -- None Available
Hasselhoff David -- Equity Title
Hasselhoff David -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furniturewala Irfan M $4,383,000
Closed Furniturewala Irfan M $4,376,000
Closed Furniturewala Irfan $376,000
Previous Owner Leemann Ali $2,990,000
Previous Owner Leemann Ali $254,200
Previous Owner Leemann Ali $2,300,000
Previous Owner Hasselhoff David $2,257,500
Previous Owner Hasselhoff David $2,000,000
Previous Owner Hasselhoff David $1,000,000
Previous Owner Hasselhoff David $975,000
Previous Owner Hasselhoff David $977,000
Previous Owner Hasselhoff David $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2018 10/04/18 Sold $5,470,000 -8.8% $491 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
07/13/2018 07/13/18 Price Changed $5,995,000 -14.3% $538 / Sq Ft
05/21/2018 05/21/18 For Sale $6,995,000 +97.1% $627 / Sq Ft
04/26/2013 04/26/13 Sold $3,549,000 -6.5% $397 / Sq Ft
11/05/2012 11/05/12 For Sale $3,795,000 -- $424 / 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 $73,066 $6,101,884 $4,225,137 $1,876,747
2024 $73,066 $5,982,241 $4,142,292 $1,839,949
2023 $71,641 $5,864,943 $4,061,071 $1,803,872
2022 $68,302 $5,749,945 $3,981,443 $1,768,502
2021 $67,462 $5,637,202 $3,903,376 $1,733,826
2019 $65,435 $5,470,000 $3,787,600 $1,682,400
2018 $46,517 $3,840,943 $2,606,734 $1,234,209
2017 $45,500 $3,765,631 $2,555,622 $1,210,009
2016 $44,483 $3,691,796 $2,505,512 $1,186,284
2015 $43,827 $3,636,342 $2,467,877 $1,168,465
2014 $43,969 $3,565,112 $2,419,535 $1,145,577
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-346268

The MLS

APN: 2258-005-045