NOT LISTED FOR SALE

Estimated Value: $2,030,953 - $3,207,000

12 Acres
$208,163 Price per Acre
509,891 Sq Ft Lot

Last Sold May 09, 2016

Last sale price $1,200,000

Est. 103% increase in value since last sale

Current estimated payment $14,800/month

24 Days on Market

Highlights

  • View of Trees or Woods
  • 509,891 Sq Ft lot
  • Paved or Partially Paved Lot
  • Chaparral Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of May 2016

A beautiful residential lot with a large pad and mature trees in gated, Abercrombie Ranch Estates. This lot features pastoral views, existing soils/geology reports, and utilities to the site, including a Las Virgenes water meter. The lot is on the corner of a quiet cul-de-sac (Abercrombie Ranch Road and Delpine Lane), with another large custom estate currently under construction across the street, and other new homes in the planning/permitting stage now. There are also excellent lot sale comps in the immediate development with several other lot sales on the street in 2015, and an excellent closed house sale comp in 2015 for the house immediately past, and next to this lot. Located close to Calabasas schools and shopping, this is a rare opportunity to own a lot in this charming gated development.

Last Agent to Sell the Property

Marc Shevin

Douglas Elliman of California, Inc. License #00559629 Listed on: 04/01/2016

Douglas Elliman of California, Inc.

Co-Listed By

Beth Shevin

Berkshire Hathaway HomeServices California Properties License #00671618

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,116

Lot Details

  • 11.71 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Rural Setting
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Irregular Lot
  • The property's topography is building pad
  • Value in Land
  • Property is zoned LCA11

Property Views

  • Woods
  • Mountain
  • Neighborhood

Utilities

  • Underground Utilities
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Abercrombie Ranch Estates Association, Phone Number (818) 225-9191

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 51634
  • Assessor Parcel Number 4455060021

Property Details

Property Type

Land

Est. Annual Taxes

$16,116

Lot Details

0

Listing Details

  • Current Use Comments: Single family residential lot
  • Improvements: Residential lot in gated, Abercrombie Ranch Estate. Utilities underground. Las Virgenes water meter in.
  • Ingress Egress: Paved street, gated dev.
  • Other Phone Description: Rory Shevin
  • Other Phone Number: 818 251-2476
  • Possible Use Comments: Single family residential lot
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Abercrombie Ranch Estates
  • View: Yes
  • Zoning: LCA11
  • Property Type: Land
  • Parcel Number: 4455060021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.35

Exterior Features

  • View: Mountain(s), Neighborhood, Trees/Woods
  • Fencing: Block
  • Trees: Trees on pad perimeter

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Abercrombie Ranch Estates
  • Phone: (818) 225-9191
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Topography: Building pad
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Irregular Lot, Value In Land, Paved, Walkstreet
  • Lot Size Sq Ft: 509891.00
  • Price Per Lot Square Foot: 2.35

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 51634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 28, 2016
Sold by
Johnson Joseph Keyshawn
Bought by
Stonecypher Llc
Seller's Agent
Marc Shevin
Douglas Elliman of California, Inc.
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$2,436,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,236,651
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Jan 23, 2015
Sold by
He & Mah Investments
Bought by
Johnson Joseph Keyshawn and Johnson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 24, 2009
Sold by
Calabasas 2000 Lp
Bought by
He & Mah Investments

Purchase Details

Closed on
Jan 18, 2002
Sold by
Cold Canyon 10 Llc
Bought by
Lulloff Sarah and Adler Rachelle
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
Stonecypher Llc $1,200,000 Equity Title Company
Johnson Joseph Keyshawn $900,000 Equity Title Company
He & Mah Investments $500,000 Accommodation
Lulloff Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Joseph Keyshawn $720,000
Previous Owner Cold Canyon 10 Llc $0
Previous Owner Cold Canyon 10 Llc $11,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $1,200,000 -4.0% --
04/25/2016 04/25/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,250,000 -- --
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
2024 $16,116 $1,392,699 $1,392,699 --
2023 $15,684 $1,365,392 $1,365,392 $0
2022 $15,204 $1,338,620 $1,338,620 $0
2021 $15,197 $1,312,373 $1,312,373 $0
2020 $15,036 $1,298,917 $1,298,917 $0
2019 $14,645 $1,273,449 $1,273,449 $0
2018 $14,512 $1,248,480 $1,248,480 $0
2017 $14,223 $1,224,000 $1,224,000 $0
2016 $10,628 $913,725 $913,725 $0
2015 $5,816 $482,166 $482,166 $0
2014 -- $472,722 $472,722 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16067184

California Regional Multiple Listing Service (CRMLS)

APN: 4455-060-021