NOT LISTED FOR SALE

5311 Aldea Ave Encino, CA 91316

Estimated Value: $4,311,000 - $5,248,000

5 Beds
3.5 Baths
3,964 Sq Ft
$1,175/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $4,243,770 $1,071 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $29,178/month

9 Days on Market

Highlights

  • Tennis Courts
  • Solar Heated In Ground Pool
  • 0.56 Acre Lot
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • Atrium Room

About This Home

As of April 2022

This modern architectural 5 bedroom, 4 bath masterpiece, custom-designed by renowned LA architect Martin Gelber, FAIA, offers abundant light, space, and privacy on expansive lush grounds in the desirable Amestoy Estate neighborhood of Encino. Enter the house through a stunning all-glass gallery that unites the three distinct wings of the property, designated for living, sleeping, and guest quarters/garage. The impactful step-down formal living room has a gorgeous cedar ceiling, wood-burning fireplace, and tall glass walls of windows overlooking the terrace and yard. The large formal dining room, also overlooking the yard, has built-in cabinets and a buffet counter, perfect for entertaining. The center island chef's kitchen features a breakfast area, custom cabinetry, and built-in desk, and leads to the family room equipped with built-in temperature-controlled wine storage, wood-burning fireplace, a projector and screen, a hidden bar, and walls of windows with a sliding door to the expansive private backyard. The sleeping wing of the home contains four bedrooms, three of which are connected to a lounge area that provides an ideal space for work or play and has sliding doors to a separate outdoor patio with a basketball hoop/court. The large primary bedroom suite boasts a separate office, custom built-ins, and access to a private meditation patio. The primary spa-like bathroom has views of the side garden, a jetted bathtub, separate shower, and a dry sauna. The walk-in closet is spacious and well designed. The third wing of the house contains a guest bedroom suite, laundry room, and direct access to the 2 car garage. Over 24,000 sqft lot, the park-like yard consists of a sparkling pool and spa, many grassy play areas, patios, and a North/south lighted tennis court. A distinctive and special property epitomizing the best of one of Southern California's award-winning architects.

Last Agent to Sell the Property

Bryan Abrams

Sotheby's International Realty License #01238720 Listed on: 03/09/2022

Sotheby's International Realty

Last Buyer's Agent

Josh Myler

The Agency License #01443547

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,887

Year Built

  • Built in 1970

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 118x210
  • Front and Back Yard Sprinklers
  • Property is zoned LARA

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,964 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Sliding Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Atrium Room
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Pool

  • Solar Heated In Ground Pool
  • Heated Spa
  • Gas Heated Pool
  • Gunite Spa

Outdoor Features

  • Tennis Courts
  • Open Patio
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2258-005-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,887

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 3964
  • Lot Acreage: 0.5645
  • Lot Dimensions: 118x210
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1970
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar
  • Fireplace Rooms: Living Room, Wood Burning, Gas Starter
  • Flooring: Ceramic Tile, Carpet, Wood
  • Appliances: Built-In BBQ, Double Oven, Gas
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, Master Retreat, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, In Kitchen
  • Kitchen Features: Island
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Refrigerator, Built-Ins, Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 996.47

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: Sliding Glass Doors
  • Other Structures: None
  • Tennis Court: North/South, Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: Heated And Filtered, Heated with Gas, In Ground, Solar Heat, Private
  • Pool: Yes
  • Roof: Flat
  • Spa: Gunite, Heated, Heated with Gas
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Direct Entrance, Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street
  • Water: In Street, District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Front, Sprinkler System, Rear
  • Assessor Parcel Number: 2258-005-042
  • Lot Size Area: 24590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 7, 2022
Sold by
Schapiro 1988 Living Trust and Schapiro Lawrence A
Bought by
Zajfen Julian and Zajfen Kelly
Seller's Agent
Bryan Abrams
Sotheby's International Realty
Buyer's Agent
Josh Myler
The Agency
List Price
$3,950,000
Sold Price
$4,243,770
Premium/Discount to List
$293,770
7.44%
Current Estimated Value
$4,656,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,560
Avg. Annual Appreciation
2.72%
Original Mortgage
$3,182,827
Outstanding Balance
$2,952,373
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,703,957

Purchase Details

Closed on
Aug 6, 2003
Sold by
Schapiro Melvin and Schapiro Barbara
Bought by
Schapiro Melvin and Schapiro Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1993
Sold by
Schapiro Melvin and Schapiro Barbara
Bought by
Schapiro Melvin and Schapiro Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.62%
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
Zajfen Julian $4,244,000 Chicago Title
Schapiro Melvin -- North American Title Co
Schapiro Melvin -- Pacific Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zajfen Julian $3,182,827
Previous Owner Schapiro Melvin $322,000
Previous Owner Schapiro Melvin $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $4,243,770 +7.4% $1,071 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $3,950,000 -- $996 / 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 $53,887 $4,503,553 $2,122,416 $2,381,137
2024 $53,887 $4,415,249 $2,080,800 $2,334,449
2023 $52,835 $4,328,676 $2,040,000 $2,288,676
2022 $5,115 $367,921 $89,605 $278,316
2021 $5,035 $360,708 $87,849 $272,859
2019 $4,901 $350,012 $85,245 $264,767
2018 $4,542 $343,150 $83,574 $259,576
2016 $4,307 $329,828 $80,330 $249,498
2015 $4,248 $324,875 $79,124 $245,751
2014 $4,276 $318,513 $77,575 $240,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-133943

The MLS

APN: 2258-005-042