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16281 Dorilee Lane

16281 Dorilee Lane, Encino, CA 91436
House in Encino
Sold Dec 01, 2023
$14,950,000
Buyer
$11,212,000 by Hsbc Bank Usa Na
Mortgage Due Dec 01, 2053
Sold Apr 26, 2022
$6,750,000
$4,000,000 by Mnv Capital Investment Llc
Mortgage
16281 Dorilee Lane has been categorized by the local assessors in Encino, CA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 7 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. In addition, 16281 Dorilee Lane has 8,160 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 93,824 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16281 Dorilee Lane was last sold in Nov 16, 2023 for $14,950,000. According to our calculations, that's $1,832.11 per sqft. Prior to that sales transaction, the property was sold for $6,750,000 in Feb 10, 2022. Current property owners are expected to pay $36,086 in taxes per year. The property on 16281 Dorilee Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,885,000. To break that down further, the land itself was valued at $3,442,500. While improvements to the property were assessed at a total of $3,442,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
Paved Parking
Gated Parking
Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 93,824
  • Total Building Area: 8,160
  • Building Area: 8,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 28323
  • Land Acres: 2.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=28323 LOT/SEC 14

Ownership

  • Current Owner : IVORI LLC
  • Previous Owner : LDJ DORILEE LLC
  • Owner Before Previous Owner: DEUTSCH FAMILY TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139705

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 22-A5
  • Subdivision Tract Number: 28323
  • Parcel: 2293-010-025
  • Lot: 14
  • Municipality: NORTH /ENCINO
  • Latitude: 34.1327
  • Longitude: -118.487

    Address

  • Full Address: 16281 Dorilee Ln
  • Address - House Number: 16281
  • Address - Street Name: Dorilee
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Encino
  • Carrier Code: C001
  • 4-Digit Zip Code: 4201
  • Zip Code: 91436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,086
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 96
  • Final Value: 6,550,793
  • High Value: 6,994,689
  • Low Value: 6,106,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $11,212,000
  • First Open Lien Mortgage Lender: HSBC BANK USA NA
  • First Open Lien Mortgage Recording Date: Dec 01, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $11,212,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,885,000
  • Assessed Land Value: $3,442,500
  • Assessed Improvements Value: $3,442,500

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Dec 01, 2023
  • Current Sale Transaction ID: 11917401778
  • Current Sale Price: $14,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 832904
  • Previous Sale Recording Date: Apr 26, 2022
  • Previous Sale Contract Date: Feb 10, 2022
  • Previous Sale Amount: $6,750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA NA
  • First Mortgage Transaction Date: Dec 01, 2023
  • First Mortgage Loan Amount: $11,212,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MNV CAPITAL INVESTMENT LLC
  • Previous Mortgage Transaction Date: Apr 26, 2022
  • Previous Mortgage Loan Amount: $4,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About South Valley



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Frequently Asked Questions

What neighborhood is 16281 Dorilee Lane located in?
The 16281 Dorilee Lane is a house located in the neighborhood of Encino in South Valley, Encino.
What is the average sales price for listings in 16281 Dorilee Lane?
The average sales price for units in 16281 Dorilee Lane is $0 currently.

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