NOT LISTED FOR SALE

5440 Oak Park Ave Encino, CA 91316

Estimated Value: $2,489,000 - $2,825,000

4 Beds
4.5 Baths
2,870 Sq Ft
$924/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $1,650,000 $575 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $16,334/month

81 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • No HOA
  • Gaspar De Portola Middle School Rated A-
  • Open Floorplan
  • Walk-In Closet

About This Home

As of September 2017

Stunning single-story modern farmhouse on a prominent corner in the sought-after enclave of Amestoy Estates. Inviting curb appeal with a lush lawn, circular driveway, and covered entrance. Meticulously remodeled throughout, the great room has soaring wood-beamed ceilings, wide plank French Oak floors, and wainscoting. Gourmet Chef’s kitchen with stone counters, 6 burner Thermador range, and waterfall island with breakfast bar. The exquisite master features access to the backyard, walk-in closet, and spa-like master bath with soaking tub, glass shower, and dual vanity. Two guestrooms complete the main sleeping quarters, while a third sits quietly apart, ideal for in-laws, guests, or maids quarters. The spacious yard has a sparkling pool and abundant entertaining space, perfect for al fresco dinners. Additional amenities include a detached 2 car garage. Enjoy everything Encino has to offer, located near shops, restaurants, and more!

Last Agent to Sell the Property

Adi Livyatan

Christie's Int. R.E SoCal License #01892750 Listed on: 06/06/2017

Last Buyer's Agent

Adi Livyatan

Christie's Int. R.E SoCal License #01892750 Listed on: 06/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,707

Year Built

  • Built in 1956

Lot Details

  • 0.29 Acre Lot
  • Sprinkler System
  • Property is zoned LARA

Parking

  • 2 Car Garage

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 20778
  • Assessor Parcel Number 2258028009

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,707

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2258028009
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2870.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 574.91
  • Room Type: All Bedrooms Down, Living Room, Master Suite, Walk-In Closet

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • 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: Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 12730.00

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: 15
  • Tax Tract Number: 20778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2017
Sold by
Shalev Yoni
Bought by
Cheever Ross and Cheever Cristina
Current Estimated Value
$2,650,553

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
2.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 8, 2016
Closed on
Oct 18, 2016
Sold by
Kitzman Aaron D and The Kitzman Family Credit Trus
Bought by
Shalev Yoni
Seller's Agent
Stephanie Vitacco
Equity Union
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,299,999
Sold Price
$1,080,000
Premium/Discount to List
-$219,999
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,050,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2008
Sold by
Kitzman Selma R and Kitzman Family Trust
Bought by
Kitzman Selma R and Kitzman Family Credit Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cheever Ross $1,650,000 Stewart Title
Shalev Yoni $1,080,000 Title 365
Kitzman Selma R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheever Ross $1,000,000
Previous Owner Shalev Yoni $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2017 09/25/17 Sold $1,650,000 -8.1% $575 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $1,795,000 +66.2% $625 / Sq Ft
11/03/2016 11/03/16 Sold $1,080,000 -16.9% $376 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $1,299,999 -- $453 / 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 $22,707 $1,886,380 $1,328,184 $558,196
2024 $22,707 $1,849,393 $1,302,142 $547,251
2023 $22,267 $1,813,131 $1,276,610 $536,521
2022 $21,231 $1,777,580 $1,251,579 $526,001
2021 $20,972 $1,742,727 $1,227,039 $515,688
2019 $20,350 $1,683,000 $1,190,646 $492,354
2018 $20,043 $1,650,000 $1,167,300 $482,700
2017 $14,269 $1,080,000 $540,000 $540,000
2016 $2,750 $215,822 $60,449 $155,373
2015 $2,712 $212,581 $59,541 $153,040
2014 $2,731 $208,418 $58,375 $150,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17122175

California Regional Multiple Listing Service (CRMLS)

APN: 2258-028-009