NOT LISTED FOR SALE

8720 Encino Ave Northridge, CA 91325

Northridge Neighborhood

Estimated Value: $1,772,000 - $2,274,000

5 Beds
3.5 Baths
4,200 Sq Ft
$497/Sq Ft Est. Value

Last Sold May 21, 2014

Last sale price $1,120,000 $267 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $12,721/month

6 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Family Room with Fireplace
  • Valley Academy of Arts & Sciences Rated A-
  • Contemporary Architecture
  • Bamboo Flooring

About This Home

As of May 2014

Brand new construction from ground up completed in 2013, home never been lived in. Seller over improved property, taking huge loss turning into rare opportunity/gain for you. Enter property through formal "electric gates cost $18,900" & cameras onto huge circular paved driveway (cost $48,000). GRAND ENTRANCE with huge 14 Ft. high cast iron doors. High ceilings throughout accented w/ architecturally significant ceiling details. Open floor plan, light bright & cheerful throughout. Large gourmet (Stove & micro cost $4,800) kitchen w/ center-island/ custom cabinetry. Brand nu washer/dryer (cost $5000). Large family room w/ gorgeous huge stone fireplace w/ French doors opening to tiled patio w/ heated pool & rm for outdoor dining / barbequing. Large master bdrm w/ huge closet, luxurious bath w/ spa tub & shower. All heavy wood doors. 4 additional generously sized bedrooms w/ closets. All granite counter tops throughout. Extra large 2 car automatic garage & much more.

Last Agent to Sell the Property

Ahmed Mirza

Rodeo Realty License #00977724 Listed on: 04/08/2014

Rodeo Realty

Last Buyer's Agent

Ollie Brown

License #01302183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,863

Lot Details

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

Parking

  • 2 Covered Spaces

Home Design

  • New Construction
  • Contemporary Architecture

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Bamboo Flooring
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2768-015-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,863

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4200
  • Lot Dimensions: A16639
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 1
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Bamboo
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Down
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 272.62

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Tile
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 2768-015-013
  • Geocode Override: No
  • Lot Size Area: 16639

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
Apr 15, 2014
Sold by
Micro Property Group Llc
Bought by
Groberman Aleksandr and Spivak Tatyana
Seller's Agent
Ahmed Mirza
Rodeo Realty
Buyer's Agent
Ollie Brown
List Price
$1,145,000
Sold Price
$1,120,000
Premium/Discount to List
-$25,000
-2.18%
Current Estimated Value
$2,066,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$946,941
Avg. Annual Appreciation
5.70%
Original Mortgage
$728,000
Outstanding Balance
$530,385
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,556,731

Purchase Details

Listed on
Dec 19, 2011
Closed on
Jan 25, 2012
Sold by
Wardi Gigi
Bought by
Micro Property Group Llc
Seller's Agent
Bridgette Harabedian
Re-Search Concept
Buyer's Agent
Bridgette Harabedian
Re-Search Concept
Sold Price
$422,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.86%

Purchase Details

Closed on
Jan 4, 2011
Sold by
Wardi Samir N and Gigi Wardi Revocable Trust
Bought by
Wardi Gigi

Purchase Details

Closed on
Aug 17, 2009
Sold by
Wardi Samir N
Bought by
Wardi Gigi

Purchase Details

Closed on
Apr 12, 2006
Sold by
Wardi Samir N
Bought by
Wardi Samir N

Purchase Details

Closed on
Oct 29, 2001
Sold by
Wardi Gigi
Bought by
Wardi Samir N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 1999
Sold by
Nathan Ralph and Nathan Louise
Bought by
Wardi Samir N

Purchase Details

Closed on
May 14, 1997
Sold by
Darling Robert Russell and Chaghalian Annette
Bought by
Nathan Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
12.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 1996
Sold by
Nocera Teresa S
Bought by
Darling Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.96%

Purchase Details

Closed on
Feb 26, 1996
Sold by
Nocera Teresa S and Nocera Teresa
Bought by
Necera Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.04%
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
Groberman Aleksandr $1,120,000 Lawyers Title
Micro Property Group Llc $422,000 Pacific Coast Title
Wardi Gigi -- Pacific Coast Title
Wardi Gigi -- None Available
Wardi Samir N -- None Available
Wardi Samir N -- Fidelity National Title
Wardi Samir N -- Fidelity National Title Co
Nathan Ralph -- --
Darling Robert $174,090 American Title Ins Co
Necera Teresa S -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groberman Aleksandr $728,000
Previous Owner Wardi Samir N $240,000
Previous Owner Nathan Ralph $150,000
Previous Owner Darling Robert $129,000
Previous Owner Necera Teresa S $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2014 05/21/14 Sold $1,120,000 -2.2% $267 / Sq Ft
04/08/2014 04/08/14 For Sale $1,145,000 +171.3% $273 / Sq Ft
01/31/2012 01/31/12 Sold $422,000 -- $317 / Sq Ft
12/19/2011 12/19/11 Pending -- -- --
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 $16,863 $1,372,950 $686,475 $686,475
2024 $16,863 $1,346,030 $673,015 $673,015
2023 $16,542 $1,319,638 $659,819 $659,819
2022 $15,785 $1,293,764 $646,882 $646,882
2021 $15,582 $1,268,398 $634,199 $634,199
2019 $15,123 $1,230,780 $615,390 $615,390
2018 $14,822 $1,206,648 $603,324 $603,324
2016 $14,149 $1,159,796 $579,898 $579,898
2015 $13,943 $1,142,376 $571,188 $571,188
2014 $9,135 $721,502 $273,269 $448,233
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Ahmed Mirza

    Rodeo Realty

    Section Image

  • O

    Buyer's Agent in 2014

    Ollie Brown

  • Bridgette Harabedian

    Seller's Agent in 2012

    Bridgette Harabedian

    Re-Search Concept

    (818) 612-6266

    2 in this area

    10 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 14-750751

The MLS

APN: 2768-015-013

California Los Angeles County Northridge 91325 Northridge

8720 Encino Ave, Northridge, CA

This home is located at 8720 Encino Ave, Northridge, CA 91325 since 08 April 2014 and is currently estimated at $2,087,116, approximately $496 per square foot. 8720 Encino Ave is a home located in Los Angeles County with nearby schools including Oliver Wendell Holmes Middle School, Northridge Academy High, and Valley Academy of Arts & Sciences.

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