NOT LISTED FOR SALE

Estimated Value: $4,811,000 - $7,421,000

5 Beds
5.5 Baths
4,007 Sq Ft
$1,441/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $3,110,000 $776 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $34,945/month

8 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Colonial Architecture
  • Castle Heights Elementary Rated A-
  • Dual Staircase
  • Maid or Guest Quarters

About This Home

As of July 2014

FABULOUS CHEVIOT HILLS FAMILY HOME -- This beautifully remodeled colonial style home is situated on a 10,600 sq. ft. lot with a one of a kind park-like backyard and a huge pool. The home offers 5.0 bedrooms, 5.5 baths, and has two separate staircases providing access to the second floor. On the main floor, you will find an entry, a large living room, elegant den/study, and custom chef's kitchen with Sub-Zero/Viking appliances. A large family room sits adjacent to the kitchen and seamlessly transitions though a wide span of glass doors to a perfectly manicured and private backyard -- a yard that is unsurpassed for the family that wants to entertain, have large parties, play sports, and swim. The second floor offers 4 bedrooms, 4 full baths, a full upstairs laundry, and a large and elegant master suite, with a walk-in closet and a balcony that provides amazing views of the pool and yard below. There is a sound system and alarm. This is the finest that Cheviot Hills has to offer!

Last Agent to Sell the Property

Michael Shore

Shore Real Estate License #01364257 Listed on: 06/04/2014

Co-Listed By

Marni Shore

Shore Real Estate License #00599830

Last Buyer's Agent

Stephen Shapiro - 1

Westside Estate Agency-Malibu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,256

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 10,608 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Attached Garage

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 4,007 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Gas Fireplace
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • City Lights Views
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 4316-015-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,256

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Colonial
  • Street Number Display: Yes
  • Living Area: 4007
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases
  • Fireplace Rooms: Gas, Gas and Wood
  • Flooring: Hardwood, Travertine
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Satellite
  • Price Per S Q F T: 747.44

Exterior Features

  • Construction: Brick, Cement Board
  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Roof: Composition, Shingle
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Attached

Utilities

  • TV Svcs: Tv Satellite Dish
  • Cooling: Air Conditioning
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA Fee Frequency: Annually

Lot Info

  • Assessor Parcel Number: 4316-015-019
  • Geocode Override: No
  • Lot Size Area: 10608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2013
Sold by
Shore Michael D and Shore Kim
Bought by
Crosson Family Trust
Current Estimated Value
$5,690,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,332,500
Interest Rate
3.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2011
Sold by
Shore Michael David and Shore Kim
Bought by
Shore Michael D and Shore Kim

Purchase Details

Closed on
Sep 12, 2001
Sold by
Sprowl Raymond W and Sprowl Stacy M
Bought by
Shore Michael David and Shore Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
6.37%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Crosson Family Trust $3,110,031 Lawyers Title
Shore Michael D -- None Available
Shore Michael David $940,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosson John A $2,800,000
Previous Owner Crosson Family Trust $2,332,500
Previous Owner Shore Michael $430,000
Previous Owner Shore Michael David $1,180,000
Previous Owner Shore Michael David $500,000
Previous Owner Shore Michael David $816,000
Previous Owner Shore Michael David $288,000
Previous Owner Shore Michael David $820,000
Previous Owner Shore Michael David $160,000
Previous Owner Shore Michael David $820,000
Previous Owner Shore Michael David $150,000
Previous Owner Shore Michael David $100,000
Previous Owner Shore Michael David $752,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Sold $3,110,000 +3.8% $776 / Sq Ft
06/04/2014 06/04/14 For Sale $2,995,000 -- $747 / Sq Ft
Source: The MLS

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 $47,256 $3,976,399 $2,764,252 $1,212,147
2024 $47,256 $3,898,431 $2,710,051 $1,188,380
2023 $46,331 $3,821,992 $2,656,913 $1,165,079
2022 $44,163 $3,747,052 $2,604,817 $1,142,235
2021 $43,633 $3,673,582 $2,553,743 $1,119,839
2019 $42,316 $3,564,624 $2,477,999 $1,086,625
2018 $42,153 $3,494,730 $2,429,411 $1,065,319
2016 $37,915 $3,157,427 $2,335,075 $822,352
2015 $37,354 $3,110,000 $2,300,000 $810,000
2014 $14,670 $1,179,421 $906,243 $273,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-766003

The MLS

APN: 4316-015-019