NOT LISTED FOR SALE

Estimated Value: $4,250,000 - $5,482,517

1.42 Acres
$3,435,478 Price per Acre
61,855 Sq Ft Lot

Last Sold March 08, 2013

Last sale price $390,000

Est. 1,151% increase in value since last sale

Current estimated payment $29,313/month

Highlights

  • 1.42 Acre Lot
  • Mountain View
  • Horse Trails
  • Chaparral Elementary School Rated A
  • No HOA
  • Mountainous Community

About This Lot

As of March 2013

Calabasas, mostly flat almost 1.5 AC, with frontage on Stunt Road surrounded by mountain views. Seller says they have some coastal commission permits (soils and grading) and CC approval for a 7 bedroom home. Ready for development.
Do not miss out on this great opportunity to build your dream home. Surrounded by multi-million dollar homes.

Buyer to verify any and all information regarding this vacant land.

Last Agent to Sell the Property

Saul Berman

No Firm Affiliation License #01485354 Listed on: 02/14/2013

Last Buyer's Agent

Ann Bernstein

Wish Sothebys Intl. Realty License #01440602

Wish Sothebys Intl. Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,823

Lot Details

  • 1.42 Acre Lot
  • Property is zoned LCA11

Property Views

  • Mountain Views

Listing and Financial Details

  • Assessor Parcel Number 4455009021

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$27,823

Lot Details

0

Listing Details

  • Other Phone Description: 310-497-2720
  • View: Yes
  • Zoning: LCA11
  • Property Type: Land
  • Parcel Number: 4455009021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 6.31

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous

Lot Info

  • Lot Size Sq Ft: 61855.00
  • Lot Size Acres: 1.4200

Multi Family

  • Lot Size Area: 61855.0000 Square Feet

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2013
Closed on
Mar 8, 2013
Sold by
Rea Sandra Derek Ying Lim and Lim Sandra Derk Ying
Bought by
Saifyan Farhad and Saifyan Faribat
Seller's Agent
Saul Berman
No Firm Affiliation
Buyer's Agent
Ann Bernstein
Wish Sothebys Intl. Realty
List Price
$438,000
Sold Price
$390,000
Premium/Discount to List
-$48,000
-10.96%
Current Estimated Value
$4,878,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,488,379
Avg. Annual Appreciation
22.79%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Rea Sandra and Rea Steven
Bought by
Rea Sandra Derek Ying Lim and Lim Sandra Derk Ying

Purchase Details

Closed on
Oct 5, 2009
Sold by
Mitchell Development Llc
Bought by
Rea Sandra and Rea Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2008
Sold by
Mitchell Development Inc
Bought by
Mitchell Development Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Merrill R Thomas
Bought by
Mitchell Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
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
Saifyan Farhad $390,000 Fidelity Van Nuys
Saifyan Farhad $390,000 Fidelity Van Nuys
Rea Sandra Derek Ying Lim -- None Available
Rea Sandra $325,000 Fidelity National Title
Mitchell Development Llc $600,000 None Available
Mitchell Development Inc $1,500,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rea Sandra $243,750
Previous Owner Mitchell Development Inc $5,482,000
Previous Owner Mitchell Development Inc $300,000
Previous Owner Mitchell Development Inc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $390,000 -11.0% --
02/14/2013 02/14/13 For Sale $438,000 -- --
02/08/2013 02/08/13 Pending -- -- --
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 $27,823 $2,396,183 $470,835 $1,925,348
2023 $27,152 $2,349,200 $461,603 $1,887,597
2022 $26,385 $2,303,138 $452,552 $1,850,586
2021 $26,323 $2,257,979 $443,679 $1,814,300
2019 $25,385 $2,191,008 $430,520 $1,760,488
2018 $16,667 $1,457,991 $422,079 $1,035,912
2016 $4,747 $405,690 $405,690 $0
2015 $4,668 $399,597 $399,597 $0
2014 $4,628 $391,770 $391,770 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12122089

California Regional Multiple Listing Service (CRMLS)

APN: 4455-009-021