$2,387,000
SOLD OCT 28, 2016

124 Lower Lake Rd Lake Sherwood, CA 91361

4 Beds
5 Baths
4,960 Sq Ft
0.28 Acres

Recently Sold

$481 Per Sq Ft

35% Below List Price

272 Days on Market

Highlights

  • Marina
  • Private Dock Site
  • Parking available for a boat
  • Westlake Elementary School Rated A
  • Marina View
  • Access To Lake

About This Home

As of June 2025

Behind the gates of the private & prestigious Lake Sherwood, awaits your waterfront dream estate! With arguably the best lakeviews around, this remodeled almost 5000 SF, 4 bedroom, 5 bath, Spanish style residence, offers spectacular sunsets from multiple decks, patios and rooms while perched on a gentle knoll accented by natural stone formations and majestic oak trees. Remodeled and updates abound, including a spectacular master bedroom featuring hardwood flooring, custom wood beams ceiling, fabulous fireplace, huge walk-in closet and gorgeous spa like bathroom.
Your spacious, warm and welcoming kitchen comes complete with grand center island, granite countertops, custom wood beams, along with Viking and Subzero appliances. Adjacent formal dining room affords gorgeous lake views!
Underfoot throughout the residence find rich custom cement floors, Saltilllo tiles and more hardwood flooring. Custom wrought iron work accent the property showcasing the many decks and balconies from which to close out your day with world-class sunsets glistening off the lake below. Spend hours cruising the lake from your private dock or take in the tranquility and peace while lounging in your fabulous hot tub with panoramic views. Don't miss this one of a kind home!

Last Agent to Sell the Property

Doug Puetz

Keller Williams Realty Calabasas License #00995378 Listed on: 12/08/2015

Keller Williams Realty Calabasas

Co-Listed By

Jeff Vanneman

No Firm Affiliation License #01443649

Last Buyer's Agent

Stephanie Rosenfeld

Beverly and Company, Inc. License #01955738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,079

Year Built

  • Built in 1932

Lot Details

  • 0.28 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Fence is in average condition
  • Sprinkler System

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Parking available for a boat

Property Views

  • Marina
  • Lake
  • Panoramic
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Bungalow
  • Additions or Alterations
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,960 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Panel Doors
  • Family Room with Fireplace
  • Storage
  • Laundry Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms

Pool

  • Above Ground Spa
  • No Permits For Spa

Outdoor Features

  • Access To Lake
  • Boat Slip
  • Private Dock Site
  • Lake Privileges
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • 220 Volts For Spa
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 73
  • Assessor Parcel Number 6950140140

Community Details

Recreation

  • Marina
  • Fishing

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,079

Year Built

Built in 1932

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: boat
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Smoke Detector(s)
  • Subdivision Name Other: Lake Sherwood (762)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6950140140
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4960.00
  • Interior Amenities: Granite Counters, Pantry, Storage
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 200.00
  • Door Features: Panel Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 481.25
  • Room Type: Master Suite, Walk-In Closet
  • Spa Features: Above Ground, No Permits
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Barbecue Private, Boat Slip, Dock Private
  • View: Hills, Lake, Marina, Mountain(s), Neighborhood, Panoramic
  • Fence: Yes
  • Fencing: Average Condition, Block, Wrought Iron
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Boat, Concrete, Driveway, Direct Garage Access
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Disposal
  • Electric: 220 Volts For Spa
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 95.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 12100.00
  • Price Per Lot Square Foot: 206.20
  • Lot Size Acres: 0.2780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12100.0000 Square Feet
  • Waterfront Features: Fishing in Community, Lake, Lake Privileges, Marina in Community

Tax Info

  • Tax Lot: 59
  • Tax Tract Number: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Jun 11, 2025
Sold by
124 Lower Lake Road Llc
Bought by
Cej Real Estate Holdings Inc
Seller's Agent
Phil Boroda
Coldwell Banker Realty
Buyer's Agent
Jaime Krupnick
Engel & Völkers , Westlake Village
List Price
$3,400,000
Sold Price
$2,900,000
Premium/Discount to List
-$500,000
-14.71%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.77%

Purchase Details

Closed on
Sep 16, 2021
Sold by
Munroe Gavin A and Munroe Kay
Bought by
124 Lower Lake Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,780,490
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2017
Sold by
Munroe Gavin A and Munroe Kay
Bought by
Munroe Gavin A and Munroe Kay

Purchase Details

Listed on
Dec 8, 2015
Closed on
Sep 9, 2016
Sold by
Kilbane Kenneth Patrick and Kilbane Lisa
Bought by
Munroe Gavin A and Munroe Kay
Seller's Agent
Doug Puetz
Keller Williams Realty Calabasas
Buyer's Agent
Stephanie Rosenfeld
Beverly and Company, Inc.
List Price
$3,680,000
Sold Price
$2,387,000
Premium/Discount to List
-$1,293,000
-35.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$1,783,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 25, 2011
Sold by
Wells Fargo Bank N A
Bought by
Kilbane Kenneth Patrick and Kilbane Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2011
Sold by
Betts Lee and Betts Ilona
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 8, 2006
Sold by
Betts Lee Allison and Betts Ilona
Bought by
Betts Lee Allison and Betts Ilona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2000
Sold by
Betts Lee Allison and Betts Ilona
Bought by
Betts Lee Allison and Betts Ilona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
7.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 27, 1999
Sold by
Betts Lee A Ilona M
Bought by
Betts Lee Allison and Betts Ilona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.86%

Purchase Details

Closed on
May 24, 1999
Sold by
Betts Lee A and Betts Ilona M
Bought by
Betts Lee Allison and Betts Ilona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.86%

Purchase Details

Closed on
Jun 24, 1998
Sold by
Betts Lee A and Betts Ilona M
Bought by
Betts Lee Allison and Betts Ilona
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,900,000 Equity Title Company
Grant Deed $3,450,000 Fidelity National Ttl Escrow
Interfamily Deed Transfer -- None Available
Grant Deed $2,387,000 First American Title
Grant Deed $1,180,000 None Available
Trustee Deed $1,418,751 None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Ins
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,780,490 Commercial
Previous Owner $1,783,500 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Future Advance Clause Open End Mortgage
Previous Owner $944,000 New Conventional
Previous Owner $944,000 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $300,000 Stand Alone Second
Previous Owner $1,439,000 Unknown
Previous Owner $1,462,500 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $1,312,500 Unknown
Previous Owner $262,450 Stand Alone Second
Previous Owner $1,500,000 Unknown
Previous Owner $487,000 Stand Alone Second
Previous Owner $560,000 No Value Available
Previous Owner $100,000 Unknown
Previous Owner $450,750 Unknown
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $2,900,000 -6.5% $585 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
04/20/2025 04/20/25 Price Changed $3,100,000 -8.8% $625 / Sq Ft
02/24/2025 02/24/25 For Sale $3,400,000 -1.4% $685 / Sq Ft
11/16/2021 11/16/21 Sold $3,450,000 +44.5% $696 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/28/2016 10/28/16 Sold $2,387,000 -35.1% $481 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $3,680,000 -- $742 / 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 $39,079 $3,661,167 $2,379,759 $1,281,408
2024 $39,079 $3,589,380 $2,333,097 $1,256,283
2023 $38,047 $3,519,000 $2,287,350 $1,231,650
2022 $37,265 $3,450,000 $2,242,500 $1,207,500
2021 $27,897 $2,559,343 $1,663,520 $895,823
2020 $27,428 $2,533,102 $1,646,463 $886,639
2019 $26,617 $2,483,434 $1,614,180 $869,254
2018 $26,040 $2,434,740 $1,582,530 $852,210
2017 $25,437 $2,387,000 $1,551,500 $835,500
2016 $13,720 $1,252,023 $854,135 $397,888
2015 $13,454 $1,233,218 $841,306 $391,912
2014 $13,236 $1,209,063 $824,827 $384,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15259046

California Regional Multiple Listing Service (CRMLS)

APN: 695-0-140-140