$2,650,000
SOLD SEP 27, 2017

5315 Louise Ave Encino, CA 91316

5 Beds
4.5 Baths
5,279 Sq Ft
0.46 Acres

Recently Sold

$502 Per Sq Ft

12% Below List Price

51 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Gaspar De Portola Middle School Rated A-
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of November 2020

Welcome to this recently remodeled gated estate located in the coveted Amestoy Estates. Set back from the road, perfect for the discerning buyer that demands privacy, this luxurious home has over 5200 sq. ft., 5 bdrms, 4.5 bathrooms and includes high end finishes and elegant amenities throughout. The main floor boasts a sophisticated LR w/a gorgeous fireplace, formal DR with lots of natural light and expansive windows, butler's pantry, main floor guest suite, office, and interior courtyard where you can dine al fresco while enjoying your outdoor fireplace.The kitchen is a chef's delight featuring custom cabinetry, an 8 burner Wolf Range w/double ovens, Wolf 54 Pro Hood, Sub Zero Refrigerator & Wine Refrigerator, oversized island, & 3 dishwashers. All appliances are stainless steel. The kitchen includes a dining area, walk in pantry and opens to the large FR. French doors from the FR lead to a beautiful covered patio with a built-in BBQ. Steps away is your private backyard oasis filled w/manicured landscaping and a recently redone patio, pool/spa. Tranquility at its finest. The 2nd floor includes a sumptuous master suite with a tray ceiling, sitting area, FP and a large private terrace that overlooks the backyard. This master suite also includes 2 walk-in closets and a luxurious master bath. Great Location! Walk to restaurants & shops on the Blvd. Compare this gem to the new construction homes and be pleasantly surprised!!

Last Agent to Sell the Property

Andrea Thompson

No Firm Affiliation License #01982818 Listed on: 06/06/2017

Last Buyer's Agent

Alexis Nassif

Compass License #00778778

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,736

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Fenced
  • Stucco Fence
  • Sprinkler System
  • Property is zoned LARA

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Automatic Gate

Home Design

  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 5,279 Sq Ft Home
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Recessed Lighting
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Office
  • Home Security System

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Terrace
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot b
  • Assessor Parcel Number 2257009023

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,736

Year Built

Built in 2002 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: all appliances including washer/dryer and extra refrigerator in garage.
  • Property Attached: No
  • Security: Automatic Gate, Security System
  • View: No
  • Zoning: LARA
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2257009023
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5279.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Crown Molding, Granite Counters, Pantry, Recessed Lighting, Tray Ceiling(s), Vacuum Central, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 501.99
  • Room Type: Family Room, Foyer, Guest/Maid's Quarters, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Heated, In Ground
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Covered, Patio, Terrace
  • Pool Features: Private, In Ground, Heated
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 20048.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1396.00
  • Tax Lot: b
  • Tax Tract Number: PM291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Sep 28, 2020
Sold by
Valdes Yasiel Puig
Bought by
Ochacher Matthew and Ochacher Kimberly
Seller's Agent
Felicia Morris
Searchlight Realty, Inc.
Buyer's Agent
Craig Knizek
The Agency
List Price
$3,200,000
Sold Price
$2,746,000
Premium/Discount to List
-$454,000
-14.19%
Current Estimated Value
$3,918,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,172,643
Avg. Annual Appreciation
7.95%
Original Mortgage
$2,059,500
Outstanding Balance
$1,844,192
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,098,969

Purchase Details

Listed on
Jun 6, 2017
Closed on
Aug 4, 2017
Sold by
Humbert Dennis
Bought by
Valdes Yasiel Puig
Seller's Agent
Andrea Thompson
No Firm Affiliation
Buyer's Agent
Alexis Nassif
Compass
List Price
$2,995,000
Sold Price
$2,650,000
Premium/Discount to List
-$345,000
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.15%
Original Mortgage
$750,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 1, 2013
Sold by
Sharma D Verne
Bought by
Humbert Dennis and Humbert Pamela
Seller's Agent
Leslie Kavanaugh
Rodeo Realty
Buyer's Agent
Marko Babineau
Compass
List Price
$1,995,000
Sold Price
$1,750,000
Premium/Discount to List
-$245,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$1,400,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2007
Sold by
Ryan Sharma D and Ryan Sharma Aurora H
Bought by
Sharma D Verne

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
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2002
Sold by
5315 Louise Llc
Bought by
Sharma D Verne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.87%

Purchase Details

Closed on
Feb 28, 2000
Sold by
Sasson Joseph and Sasson Rosalae
Bought by
5315 Louise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,593,000
Interest Rate
8.22%
Mortgage Type
Construction
Source: Public Records

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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
Grant Deed $2,746,000 Wfg National Title
Grant Deed $2,650,000 California Title Company
Grant Deed $1,750,017 Equity Title Company
Interfamily Deed Transfer -- North American Title Co
Grant Deed $1,460,000 Chicago Title Co
Grant Deed $800,000 Continental Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $500,000 New Conventional
Closed $300,000 New Conventional
Open $2,059,500 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,100,000 Unknown
Previous Owner $400,000 Credit Line Revolving
Previous Owner $1,100,000 New Conventional
Previous Owner $667,000 Negative Amortization
Previous Owner $703,000 Stand Alone First
Previous Owner $700,000 No Value Available
Previous Owner $1,593,000 Construction
Closed $468,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $2,746,000 -11.4% $520 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $3,100,000 -3.1% $587 / Sq Ft
04/29/2020 04/29/20 For Sale $3,200,000 +20.8% $606 / Sq Ft
09/27/2017 09/27/17 Sold $2,650,000 -11.5% $502 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $2,995,000 +71.1% $567 / Sq Ft
07/31/2013 07/31/13 Sold $1,750,000 -12.3% $332 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $1,995,000 -- $378 / 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
2025 $35,736 $2,972,356 $2,377,886 $594,470
2024 $35,736 $2,914,075 $2,331,261 $582,814
2023 $35,036 $2,856,937 $2,285,550 $571,387
2022 $33,398 $2,800,920 $2,240,736 $560,184
2021 $33,060 $2,746,000 $2,196,800 $549,200
2019 $32,517 $2,703,000 $1,883,634 $819,366
2018 $32,285 $2,650,000 $1,846,700 $803,300
2016 $22,017 $1,812,184 $1,025,075 $787,109
2015 $21,694 $1,784,964 $1,009,678 $775,286
2014 $21,759 $1,750,000 $989,900 $760,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17128019

California Regional Multiple Listing Service (CRMLS)

APN: 2257-009-023