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$2,799,000

Beds
5
Baths
3.25
sq ft
3,200

16012 Meadowcrest Rd, Sherman Oaks, CA 91403

16012 Meadowcrest Rd

Sherman Oaks, CA 91403

  • 88 days on market
    • Price drop $96,000↓
New price. Incredible value! Seller has almost $3mil into this home! Come see the new look and improvements! Incredible renovation of this classic Mid-Century ranch located on one of the prime streets in coveted Royal Woods. This Mulholland close 1-level showplace is truly ready to move-in and enjoy the good life. Newer wide plank French white oak wood floors in most rooms with soaring ceilings, skylights & custom lighting throughout. The open floor plan offers a great room with Arizona stone fireplace, music/living room & spacious dining area with solid pane french doors opening to the private rear patio with covered outdoor living/dining area, lush green water wise turf yard, pool/spa & more. The main 4 bedrooms are off a center hall plan all with updated baths. The 4th bedroom is currently used as a home office with sliding barn doors. The primary suite has a spa-like bath & walk in closet. A 5th bedroom & bath offer a separate entrance ideal for an additional home office/guest suite. The chef's kitchen offers stainless appliances, quartz counters & a separate breakfast room. The oversized 2-1/2 car garage offers workshop/hobby areas & is currently used as a game room. Home also has a 40-panel home solar system offering energy savings. This exquisite estate home boasts all of the amenities & space for a modern lifestyle & is minutes from the Westside. Come experience the magic of Meadowcrest Rd.

Details

Property type

Single Family Residence

Est. home value

$2,879,995

Property condition

Updated/Remodeled

Lot size

0.2931 acres

Price per sq ft

$875

Year built

1956

HOA

No

Price History

05/16/2024
CLAW

CLAW #24375935

Price change
$2,799,000
-3.32%
04/03/2024
CLAW

CLAW #24375935

Listed
$2,895,000
03/15/2024
CLAW

CLAW #24352567

Removed
$2,895,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mufg Union Bank Na

Loan start date

March 2022

Original loan amount

$1,950,000

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

New Conventional, 40 year

Seller

Joanne Rubino and The Joanne Rubino Living Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 7:20 AM

Listing updated: 05/19/2024 at 9:38 AM

Listed by: Andrew Manning, Berkshire Hathaway HomeServices California Properties Phone #: (818) 528-3200

MLS: CLAW #24375935

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