NOT LISTED FOR SALE

Estimated Value: $4,728,594 - $5,538,000

3 Beds
3.5 Baths
3,000 Sq Ft
$1,660/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $3,500,000 $1,167 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $30,560/month

4 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Dining Room with Fireplace
  • Warner Avenue Elementary Rated A
  • Views of Trees
  • Wood Flooring

About This Home

As of February 2014

This stunning modern architectural home is perched among the treetops just off Summitridge Drive providing a sophisticated and elegant design for the most luxurious lifestyle. The open concept indoor/outdoor living area was designed for grand entertaining with a 21 foot bi-fold window to the pool and outdoor fireplace. Beautiful natural materials used throughout highlight the simplicity and grandeur of the space, with Italian Murano glass chandeliers, and a Bontempi kitchen with white Caesarstone counter tops and Miele appliances. Timeless finishes have been installed throughout the home with French oak hardwood floors and Porcelanosa tile work. A built-in glass fireplace separates the dining and living rooms. A true master suite with its own outdoor terrace, spa-like bath, and spacious walk-in closet. Positively a unique and serene oasis.

Last Agent to Sell the Property

Grace Carelli

Sotheby's International Realty License #00977102 Listed on: 01/02/2014

Sotheby's International Realty

Co-Listed By

Brian Capossela

Cap Equity Realty License #01795725

Last Buyer's Agent

Scott Cort

Sotheby's International Realty License #01419552

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,161

Year Built

  • Built in 1951

Lot Details

  • 10,444

Parking

  • Garage

Property Views

  • Trees
  • Mountain

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Fireplace

Additional Features

  • 10,444 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4355-005-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,161

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 3000
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Exterior, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 1191.67

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: Yes
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4355-005-034
  • Geocode Override: No
  • Lot Size Area: 10444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jan 7, 2014
Sold by
Javaheri Farshid and Zand Negin
Bought by
Eng Jared
Seller's Agent
Grace Carelli
Sotheby's International Realty
Buyer's Agent
Scott Cort
Sotheby's International Realty
List Price
$3,575,000
Sold Price
$3,500,000
Premium/Discount to List
-$75,000
-2.1%
Current Estimated Value
$4,979,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,479,649
Avg. Annual Appreciation
3.09%
Original Mortgage
$1,999,999
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2007
Sold by
Allen Sandra Vergara and Allen Richard Wade
Bought by
Javaheri Farshid and Zand Negin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,417,500
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2004
Sold by
Grasso Kyle John
Bought by
Allen Sandra Vergara and Allen Richard Wade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Grasso Kyle
Bought by
Grasso Kyle John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$998,000
Interest Rate
4.75%

Purchase Details

Closed on
Aug 17, 2000
Sold by
Menendez Jose R
Bought by
Grasso Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Interest Rate
8.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Eng Jared $3,500,035 Usa National Title Co
Javaheri Farshid -- Security Union Title
Allen Sandra Vergara -- California Title
Allen Sandra Vergara $2,150,000 California Title
Grasso Kyle John -- American Title Co
Grasso Kyle -- Progressive Title Company
Grasso Kyle -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eng Jared $1,922,000
Closed Eng Jared $1,958,277
Closed Eng Jared $1,999,999
Previous Owner Javaheri Farshid $1,612,000
Previous Owner Javaheri Farshid $1,417,500
Previous Owner Javaheri Farshid $1,417,500
Previous Owner Javaheri Farshid $1,417,500
Previous Owner Javaheri Farshid $202,500
Previous Owner Allen Sandra Vergara $1,500,000
Previous Owner Allen Sandra Vergara $1,400,000
Previous Owner Grasso Kyle John $998,000
Previous Owner Grasso Kyle $999,000
Previous Owner Grasso Kyle $100,000
Previous Owner Grasso Kyle $150,000
Previous Owner Grasso Kyle $900,000
Previous Owner Grasso Kyle $746,250
Closed Grasso Kyle $149,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2014 02/20/14 Sold $3,500,000 -2.1% $1,167 / Sq Ft
01/02/2014 01/02/14 For Sale $3,575,000 -- $1,192 / 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 $51,161 $4,290,511 $3,309,826 $980,685
2024 $51,161 $4,206,384 $3,244,928 $961,456
2023 $50,163 $4,123,906 $3,181,302 $942,604
2022 $47,845 $4,043,046 $3,118,924 $924,122
2021 $47,280 $3,963,771 $3,057,769 $906,002
2019 $45,792 $3,846,206 $2,967,075 $879,131
2018 $45,608 $3,770,792 $2,908,898 $861,894
2016 $43,627 $3,624,370 $2,795,943 $828,427
2015 $46,484 $3,569,930 $2,753,946 $815,984
2014 $27,907 $2,253,408 $1,735,840 $517,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-726211

The MLS

APN: 4355-005-034