See Home Value
$5,595,824*
House - Off Market

16881 Oak View Dr

Encino, CA 91436
bedrooms
5 Beds
bathrooms
8 Baths
square feet
6175 Sqft
$4,950,000 - $6,050,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold Mar 16, 2018
$2,150,000
$3,300,500 by First Republic Bank
Mortgage Due Nov 01, 2052
Sold Nov 26, 1996
$875,000
$700,000 by Troxler & Associates Inc
Mortgage Due Dec 01, 2026

About This Property

A secluded Contemporary Estate set behind double gates for the ultimate privacy, located south of the boulevard in prime Encino. The spacious living room offers two seating areas that overlook the lush greenery creating a serene, relaxed environment. A large formal dining room is set up for entertaining and the open concept kitchen has an everyday dining room, breakfast bar, and family room with an inviting fireplace. Upstairs you'll find a media gathering area and five generously sized guest rooms, including a substantial junior suite and grand primary. Designed at a massive scale, the primary suite features an immersive walk-in closet and decadent bath. Lounge poolside at the newly built luxury infinity edge pool or on the second-deck which is comfortably nestled amongst the verdant backyard. This home presents a unique opportunity to enjoy privacy, enviable amenities, and a modern home design in the comfort of Encino's sociable community.

The manager has listed the unit size as 6175 square feet.
Unit Size
6,175Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$891
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981

Price History

Date / Event Date Event Price
Apr 27, 2023 No longer available -
No longer available
Apr 14, 2023 Listed $5,500,000
Listed
Oct 29, 2022 No longer available -
No longer available
Sep 23, 2022 In contract -
In contract
Aug 24, 2022 Price Decreased $4,995,000
↓ $400K (7.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 4
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: E
  • Construction Type: Wood
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 26,201
  • Total Building Area: 6,053
  • Building Area: 6,053
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,053
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP LA NO 3018
  • Land Acres: 0.602
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=PARCEL MAP AS PER BK 85 PG 55-56 OF P M LOT/SEC D

Ownership

  • Current Owner : KRESSEL LYNN R
  • Previous Owner : DRAKE KEVIN KNIGHT
  • Previous Owner 2: DRAKE SUSAN ABIGAIL
  • Owner Before Previous Owner: RIDGLEY MARLENE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139701

Zoning

  • Zoning: LARA

Geography

  • Assessors Map Reference: 21-E3
  • Parcel: 2289-017-021
  • Lot: D
  • Municipality: NORTH /ENCINO
  • Latitude: 34.1551
  • Longitude: -118.501

    Address

  • Full Address: 16881 Oak View Dr
  • Address - House Number: 16881
  • Address - Street Name: Oak View
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Encino
  • Carrier Code: C002
  • 4-Digit Zip Code: 3239
  • Zip Code: 91436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,320
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.0681
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 96
  • Final Value: 5,492,339
  • High Value: 5,866,431
  • Low Value: 5,118,247

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,300,500
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Oct 28, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,300,500
  • 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: Nov 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,715,000
  • Assessed Land Value: $2,686,500
  • Assessed Improvements Value: $2,028,500

    Sales

  • Current Sale Contract Date: Jan 31, 2018
  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Transaction ID: 11432825743
  • Current Sale Price: $2,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0255793
  • Previous Sale Recording Date: Nov 26, 1996
  • Previous Sale Contract Date: Oct 24, 1996
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANC OF CALIFORNIA NA
  • First Mortgage Transaction Date: Mar 16, 2018
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TROXLER & ASSOCIATES INC
  • Previous Mortgage Transaction Date: Nov 26, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2026



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
5,704 ft²
$963/ft²
$5,495,000 Mar 31, 2023
-
-

About South Valley


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Frequently Asked Questions

When was property at 16881 Oak View Drive built and last sold?
The property at 16881 Oak View Drive was built in 1981 and last sold on Jan 31, 2018 for $2,150,000.
How much is this home worth?
The estimated value of the home located at 16881 Oak View Drive is $5,555,000.
What are some comparable homes to 16881 Oak View Drive?
Homes that are comparable to 16881 Oak View Drive include a house property at 16340 West Amota Court, located in Encino, CA.

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