NOT LISTED FOR SALE

Estimated Value: $4,045,000 - $5,520,000

4 Beds
5 Baths
4,930 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $4,750,000 $963 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $31,377/month

53 Days on Market

Highlights

  • Koi Pond
  • Primary Bedroom Suite
  • Custom Home
  • Gaspar De Portola Middle School Rated A-
  • Gated Parking
  • View of Trees or Woods

About This Home

As of July 2022

Welcome to Oak Shadows, a spectacular gated-architectural compound located in the heart of Encino’s prestigious Rancho Estates. Set on an appx 32,446 sq. ft. forested lot, and designed and built by owner Murray Siegel, AIA, for himself and his wife in 1984, this ultra-private 4-bedroom estate masterfully exemplifies the symbiotic union of art and nature. Asian inspired and melding the ideals of the Arts and Crafts Movement, with a strong nod to Frank Lloyd Wright, this magical property came to be known as the “Pole House,” as the redwood-sided structure is suspended above the ground and supported by Douglas Fir poles. Forty-seven poles, 16”-18” in diameter, were imported and employed throughout and around the residence. A dramatic hexagonal entry greets you and leads to the grand and voluminous living room/dining area, where your senses are awakened all at once by the trestle and skylit ceilings, walls of glass, oversized stone fireplace, wet bar, and nature’s surroundings. To the right of the entry is the generously sized kitchen, highlighted by the octagonal center island with abundant counter and storage space. Adjacent to the kitchen is the warm and engaging family room, accented by a loft library, vaulted wood-beam ceilings and views of the lush rear gardens. The first-floor primary suite features mosaic dual vanities, two walk-in closets, a spa tub, and custom shower with curved wall. There are two additional bedrooms upstairs adjoining the owner’s suite, and a fourth bedroom suite on the ground floor next to the home office. The rich and verdant environs of this awe-inspiring home are nothing short of astounding, and include multiple decks overlooking the large, tranquil koi ponds, bridge, and waterfall, numerous majestic oaks, an arbor, and an auxillary dwelling. There is also a two-car garage with ample storage and a workshop. To view this one-of-a-kind architectural gem is to celebrate the power of design and to become immersed in the very beauty and simplicity of nature.

Last Agent to Sell the Property

Sherry Robbin

Sotheby's International Realty License #00781465 Listed on: 04/18/2022

Sotheby's International Realty

Last Buyer's Agent

Robert Baer

Coldwell Banker Realty License #01334830

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,837

Year Built

  • Built in 1984

Lot Details

  • 0.74 Acre Lot
  • West Facing Home
  • Wood Fence
  • Landscaped
  • Sprinklers Throughout Yard
  • Garden
  • Property is zoned LARA

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Three Garage Doors
  • Combination Of Materials Used In The Driveway
  • Gated Parking

Property Views

  • Pond
  • Woods

Home Design

  • Custom Home
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Wood Siding
  • Partial Copper Plumbing

Interior Spaces

  • 4,930 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Track Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Wood Frame Window
  • Window Screens
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Workshop
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Kitchen Island
  • Tile Countertops
  • Formica Countertops
  • Pots and Pans Drawers

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Wood Patio
  • Koi Pond
  • Exterior Lighting
  • Outbuilding
  • Rain Gutters
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Septic Type Unknown
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 2290020034
  • $684 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,837

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LARA
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2290020034
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4930.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Copper Plumbing Partial, Formica Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Tile Counters, Track Lighting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 963.49
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Office, Walk-In Closet, Workshop
  • Window Features: Plantation Shutters, Screens, Wood Frames
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Formica Counters, Kitchen Island, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Exterior Features: Koi Pond, Rain Gutters
  • View: Pond, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Wood, Wrap Around
  • Pool Private: No
  • Roof: Other
  • Spa: No
  • Construction Materials: Glass, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway - Combination, Paved, Garage Faces Front, Garage - Three Door, Gated, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Gas Water Heater, Refrigerator
  • Electric: 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 32446.00
  • Lot Size Acres: 0.7449

Multi Family

  • Lease Considered: No
  • Lot Size Area: 32446.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1397.04
  • Tax Lot: B
  • Tax Tract Number: LA139
  • TaxOtherAnnualAssessmentAmount: 684.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 15, 2022
Sold by
Murray Siegel Survivors Trust
Bought by
Hill Valley Trust
Seller's Agent
Sherry Robbin
Sotheby's International Realty
Buyer's Agent
Robert Baer
Coldwell Banker Realty
List Price
$4,900,000
Sold Price
$4,750,000
Premium/Discount to List
-$150,000
-3.06%
Total Days on Market
53
Current Estimated Value
$4,835,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,391
Avg. Annual Appreciation
1.33%
Original Mortgage
$3,087,500
Outstanding Balance
$2,957,343
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,991,649

Purchase Details

Closed on
May 20, 2003
Sold by
Siegel Murray and The Siegel Trust
Bought by
Siegel Murray and Murray Siegel Survivors Trust
Source: Public Records

Range of Values:

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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
Hill Valley Trust $4,750,000 Old Republic Title
Siegel Murray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Valley Trust $3,087,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $4,750,000 -3.1% $963 / Sq Ft
04/18/2022 04/18/22 For Sale $4,900,000 -- $994 / 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 $58,837 $4,941,899 $3,582,721 $1,359,178
2024 $58,837 $4,845,000 $3,512,472 $1,332,528
2023 $57,683 $4,750,000 $3,443,600 $1,306,400
2022 $13,871 $1,135,205 $316,464 $818,741
2021 $13,681 $1,112,947 $310,259 $802,688
2019 $13,277 $1,079,938 $301,057 $778,881
2018 $13,118 $1,058,763 $295,154 $763,609
2016 $12,492 $1,017,652 $283,694 $733,958
2015 $12,311 $1,002,367 $279,433 $722,934
2014 $12,362 $982,733 $273,960 $708,773
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22078541

California Regional Multiple Listing Service (CRMLS)

APN: 2290-020-034