NOT LISTED FOR SALE

Estimated Value: $1,429,000 - $1,863,612

5 Beds
5 Baths
6,000 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $1,700,000 $283 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,345/month

10 Days on Market

Highlights

  • Projection Room
  • Cabana
  • RV Garage
  • Lake Hills Elementary School Rated A-
  • Second Garage
  • Panoramic View

About This Home

As of June 2024

The United States Bankruptcy Court Hearing for approval is set for May 21st, where the property will be open to any and all QUALIFIED overbidders. To be a qualified overbidder interest parties must submit a bid on the same terms as the accepted offer except purchase price and representation at least one business day before the scheduled May 21st hearing... REQUIRED terms include but are not limited to: non contingent, as is, subject to court, Cashiers EMD of $52,500, minimum first overbid MUST be at least $1,725,000, etc.)......Fantastic opportunity to own a custom estate with dream home features. The privately gated property is situated at the tip of an elevated cull du sac offering extensive panoramic views and privacy. The resort style pool/spa and custom luxury “Cabana” (multiple mounted TV’s, BBQ, wired, etc.) overlook rolling hills and a lush environment that gives a real “Hawaiian” impression. The location and exterior upgrades are only part of this homes extensive appeal. The spacious floorplan offers a first floor “Primary” suite, among other highlights which include: Grand dining room, large kitchen utility island, custom office and a 9-seat luxury movie theatre. In addition to the lot and “main residence” upgrades, the extensive full size RV garage was partially converted to include another bed/bath and loft (guests, in-laws, parents, grown children, etc.). The converted garage can handle most if not all types of RV’s and also has extensive built in storage space. This custom private estate is perfect for the indoor/outdoor living enthusiast who enjoys entertaining the family or guests. Seller is a United States Bankruptcy Trustee. All sales are subject to the rules and regulations of the Bankruptcy Court and must be approved by same. See remarks for more.

Last Agent to Sell the Property

Brian Thompson

Brian Thompson, Broker Brokerage Phone: 949-981-9120 License #01828461 Listed on: 03/21/2024

Last Buyer's Agent

Jack Toro

eHomes License #02198741

eHomes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 1.03 Acre Lot
  • Cul-De-Sac
  • Security Fence
  • Privacy Fence
  • Landscaped
  • Front Yard
  • Property is zoned R-A-20000

Parking

  • 5 Car Attached Garage
  • Second Garage
  • Parking Available
  • Up Slope from Street
  • Auto Driveway Gate
  • RV Garage
  • Controlled Entrance

Property Views

  • Panoramic
  • Hills
  • Valley

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Bar
  • French Doors
  • Dining Room with Fireplace
  • Projection Room
  • Home Theater
  • Home Office
  • Laundry Room

Kitchen

  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Multiple Shower Heads

Pool

  • Cabana
  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Outbuilding
  • Outdoor Grill

Additional Features

  • Two Homes on a Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 30725
  • Assessor Parcel Number 136050035
  • $811 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

5

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-A-20000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 136050035
  • Year Built: 2005
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace: Yes
  • Living Area: 6000.00 Square Feet
  • Interior Amenities: Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Dining Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 283.33
  • Room Type: Home Theatre, Main Floor Bedroom, Main Floor Primary Bedroom, Office, Projection, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Hollywood Bathroom (Jack&Jill)
  • Room Kitchen Features: Granite Counters, Kitchen Island, Utility Sink

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding, Second Garage Detached, Two On A Lot
  • Exterior Features: Barbecue Private
  • View: Hills, Panoramic, Valley
  • Fence: Yes
  • Fencing: Privacy, Security
  • Patio And Porch Features: Cabana
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Controlled Entrance, Oversized, RV Garage
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Lot Over 40000 Sqft, Up Slope from Street
  • Lot Size Sq Ft: 44867.00
  • Lot Size Acres: 1.0300
  • Latitude Manual: 33.88093800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 44867.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 414.14
  • Tax Lot: 8
  • Tax Tract Number: 30725
  • TaxOtherAnnualAssessmentAmount: 811.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 22, 2024
Sold by
Cisneros Arturo and Lawrence Shamicka
Bought by
Alarcon Jonathan P and Herrera Cindy
Seller's Agent
Brian Thompson
Brian Thompson, Broker
Buyer's Agent
Jack Toro
eHomes
List Price
$1,895,000
Sold Price
$1,700,000
Premium/Discount to List
-$195,000
-10.29%
Views
133
Current Estimated Value
$1,668,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,597
Avg. Annual Appreciation
-1.18%
Original Mortgage
$1,360,000
Outstanding Balance
$1,341,959
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$326,445

Purchase Details

Closed on
May 6, 2014
Sold by
Lawrence Martin
Bought by
Lawrence Robert

Purchase Details

Listed on
Jun 8, 2011
Closed on
Jun 20, 2012
Sold by
Freedland Scott D and Freedland Michelle J
Bought by
Lawrence Martin
Seller's Agent
Amy Alvarez
First Team Real Estate
Buyer's Agent
Amy Alvarez
First Team Real Estate
List Price
$1,750,000
Sold Price
$1,250,000
Premium/Discount to List
-$500,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$828,750
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2005
Sold by
Gallery Estates Parterns Llc
Bought by
Freedland Scott D and Freedland Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alarcon Jonathan P $850,000 Lawyers Title
Lawrence Robert -- Equity
Lawrence Shamicka -- Equity
Lawrence Martin -- Western Resources Title Co
Freedland Scott D $924,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alarcon Jonathan P $1,360,000
Previous Owner Lawrence Martin $828,750
Previous Owner Freedland Scott D $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2024 06/05/24 Sold $1,700,000 -1.4% $283 / Sq Ft
04/29/2024 04/29/24 Price Changed $1,725,000 -9.0% $288 / Sq Ft
03/21/2024 03/21/24 For Sale $1,895,000 +51.6% $316 / Sq Ft
06/21/2012 06/21/12 Sold $1,250,000 -3.8% $208 / Sq Ft View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
02/01/2012 02/01/12 Price Changed $1,299,000 -7.1% $217 / Sq Ft
11/11/2011 11/11/11 Price Changed $1,399,000 -12.5% $233 / Sq Ft
09/01/2011 09/01/11 Price Changed $1,599,000 -8.6% $267 / Sq Ft
06/08/2011 06/08/11 For Sale $1,750,000 -- $292 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,542 $1,733,999 $520,202 $1,213,797
2023 $19,542 $1,509,104 $362,180 $1,146,924
2022 $18,007 $1,479,515 $355,079 $1,124,436
2021 $17,632 $1,450,506 $348,117 $1,102,389
2020 $17,334 $1,435,634 $344,548 $1,091,086
2019 $17,109 $1,407,486 $337,793 $1,069,693
2018 $16,858 $1,379,889 $331,171 $1,048,718
2017 $16,536 $1,352,833 $324,678 $1,028,155
2016 $16,241 $1,326,308 $318,312 $1,007,996
2015 $15,986 $1,306,388 $313,532 $992,856
2014 $15,910 $1,280,788 $307,389 $973,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24055295

California Regional Multiple Listing Service (CRMLS)

APN: 136-050-035