See Home Value
$5,210,105*
House - Off Market

4561 TARA Drive

Encino, CA 91436
bedrooms
5 Beds
bathrooms
6 Baths
square feet
5284 Sqft
$3,146,000 - $3,844,000
Reference Base Price*
49.07%
Since Oct 1, 2018
CA-Los Angeles
Primary Model
Sold Jan 07, 2021
$2,700,000
$2,160,000 by Mufg Union Bank Na
Mortgage Due Feb 01, 2051
Sold Nov 20, 2018
$3,000,000
$1,000,000 by Bank Of America Na
Mortgage Due Dec 01, 2048

About This Property

A beautifully remodeled home, set upon a generous half-acre of lush grounds in coveted Clark Gable Estates. Prime location on a quiet cul-de-sac behind private gates. This neighborhood boasts the tranquility of hidden utilities and the safety of a private overnight neighborhood security officer. The impressive front entrance, set high up off the street, affords lovely tree-top and Valley views. A hip glass elevator makes the three levels accessible for all. The stunning master bedroom suite serves as your sanctuary and radiates a sense of openness with its vaulted 14-foot ceilings, sitting area complete with a fireplace and bar, private balcony, and master bathroom with a relaxing sauna and luxurious tub. The resort-style backyard, with new BBQ, outdoor shower, and automated audio and lights, is great for relaxing and entertaining. Superb value for a unique house that radiates charm and timeless appeal.

The manager has listed the unit size as 5284 square feet.
Unit Size
5,284Ft²
Days on Market
-
Land Size
20,961.00 acres
Price per sqft
$661
Property Type
House
Property Taxes
-
HOA Dues
$53
Year Built
1980

Price History

Date / Event Date Event Price
Jan 7, 2021 Sold to Leslie Fung, Wesley Fung $2,700,000
Sold to Leslie Fung, Wesley Fung
Sep 18, 2018 No longer available -
No longer available
Jun 8, 2018 Listed $3,495,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,961
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 790
  • Total Building Area: 5,002
  • Building Area: 5,002
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,002
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 29906
  • Land Acres: 0.481
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 29906 LOT/SEC 30

Ownership

  • Current Owner : FUNG WESLEY
  • Current Owner 2: FUNG LESLIE
  • Previous Owner : FUNG DAVID M
  • Previous Owner 2: FUNG HEE SOOK
  • Owner Before Previous Owner: PARKS MICHAEL
  • Owner Before Previous Owner 2: PARKS KATRINA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 21-F3
  • Subdivision Tract Number: 29906
  • Parcel: 2289-023-017
  • Lot: 30
  • Municipality: NORTH /ENCINO
  • Latitude: 34.1544
  • Longitude: -118.499

    Address

  • Full Address: 4561 Tara Dr
  • Address - House Number: 4561
  • Address - Street Name: Tara
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Encino
  • Carrier Code: C002
  • 4-Digit Zip Code: 3217
  • Zip Code: 91436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,833
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 3,321,568
  • High Value: 3,959,612
  • Low Value: 2,683,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,160,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,160,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,337,603
  • Assessed Land Value: $2,002,770
  • Assessed Improvements Value: $1,334,833

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11810869550
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0026957
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Contract Date: Oct 25, 2018
  • Previous Sale Amount: $3,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Jan 07, 2021
  • First Mortgage Loan Amount: $2,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 20, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2048



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
4,417 ft²
$835/ft²
$3,690,000 Apr 10, 2023
-
-
House
5 Beds
5.5 Baths
4,004 ft²
$999/ft²
$3,999,500 Apr 11, 2023
-
-
House
5 Beds
4 Baths
3,775 ft²
$846/ft²
$3,195,000 Apr 22, 2023
-
-

About South Valley


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Nearby Rentals



Frequently Asked Questions

When was property at 4561 Tara Drive built and last sold?
The property at 4561 Tara Drive was built in 1980 and last sold on Dec 31, 2020 for $2,700,000.
How much is this home worth?
The estimated value of the home located at 4561 Tara Drive is $3,529,950.
What are some comparable homes to 4561 Tara Drive?
There are currently no comparable homes to 4561 Tara Drive.

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