NOT LISTED FOR SALE

23590 Park South St Calabasas, CA 91302

Estimated Value: $7,922,000 - $8,533,000

8 Beds
12 Baths
15,045 Sq Ft
$539/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $6,150,000 $409 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $51,250/month

52 Days on Market

Highlights

  • Attached Guest House
  • Home Theater
  • Primary Bedroom Suite
  • Chaparral Elementary School Rated A
  • In Ground Pool
  • Gated Parking

About This Home

As of March 2021

Set on 3.5 acres behind 2 grand gates, 23590 Park South St boasts over 15,000 square feet of impressive design and architecture. As the property gates open, a long tree lined driveway leads up to the impressive motor court. Enter through the massive 2-story iron rod front doors into the 3-story entry with a spiral staircase. Showcasing impressive views and privacy, the Calabasas compound features 8 bedrooms, 10 bathrooms, multiple living rooms, an office, gym, theater and an attached 2-bedroom, 2-bathroom guest house. The chef's kitchen boasts a beautiful stone topped center island & all stainless-steel top-of-the-line appliances. Upstairs, the expansive master suite offers the epitome of first class living complete with a massive stone filled bathroom, 2 custom walk-in closets and a private balcony overlooking the grounds. With serene sweeping views, the backyard hosts several patios, an abundance of grass area, a pool with multiple water features, spa, 2 BBQs & outdoor dining spaces.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 01/22/2021

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Victor Mansour

Coldwell Banker Realty License #01519866

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,255

Year Built

  • Built in 1990

Lot Details

  • 3.54 Acre Lot
  • Property is zoned LCA11*

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Driveway
  • Gated Parking
  • Guest Parking

Property Views

  • City Lights
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 15,045 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Features

  • Attached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2069-013-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,255

Year Built

Built in 1990

Lot Details

0

HOA Fees

$415 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 15045
  • Lot Acreage: 3.5386
  • Stories: 2
  • Year Built: 1990
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Stone, Wood
  • Bedrooms: 8
  • Full Bathroom: 10
  • Half Bathroom: 2
  • Bedroom Features: Master Suite, WalkInCloset, Dressing Area, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 12.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Refrigerator, Range/Oven, Freezer, Garbage Disposal, Barbeque, Microwave
  • Price Per S Q F T: 465.27

Exterior Features

  • Other Structures: None
  • Guest House: Attached
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Driveway, Direct Entrance, Garage, Private, Attached, Parking for Guests, Gated, Garage - 4+ Car
  • Total Parking: 15

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 415.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2069-013-028
  • Lot Size Area: 154159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 11, 2021
Sold by
Paul Jake and Performante Homes Trust
Bought by
Shahabeddin Morteza and Fernandez Patricia
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Victor Mansour
Coldwell Banker Realty
List Price
$7,000,000
Sold Price
$6,150,000
Premium/Discount to List
-$850,000
-12.14%
Current Estimated Value
$8,154,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,004,605
Avg. Annual Appreciation
6.06%
Original Mortgage
$3,800,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2021
Sold by
Smith Alex and The Performante Homes Trust
Bought by
Paul Jake and The Performante Homes Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2019
Sold by
Smith Alex and Performante Home Trust
Bought by
Smith Alex and Performante Homes Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,875,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 11, 2017
Closed on
Oct 5, 2017
Sold by
Kanitz Eyal
Bought by
Segal Matthew
Seller's Agent
Beth Shevin
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$7,395,000
Sold Price
$6,925,000
Premium/Discount to List
-$470,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%
Original Mortgage
$4,501,250
Interest Rate
5.98%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 22, 2017
Sold by
Kanitz Eyal
Bought by
Kanitz Eyal and Rosman Gidon

Purchase Details

Listed on
May 11, 2014
Closed on
Jul 8, 2014
Sold by
Zaken Tiran
Bought by
Kanitz Eyal
Seller's Agent
Shegun Alabi
Victory Realty Group
Buyer's Agent
Shegun Alabi
Victory Realty Group
List Price
$4,650,000
Sold Price
$3,200,000
Premium/Discount to List
-$1,450,000
-31.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$1,280,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2014
Closed on
Jul 7, 2014
Sold by
Kanitz Rose Mary Lagardo
Bought by
Kanitz Eyal
Seller's Agent
Shegun Alabi
Victory Realty Group
Buyer's Agent
Shegun Alabi
Victory Realty Group
List Price
$4,650,000
Sold Price
$3,200,000
Premium/Discount to List
-$1,450,000
-31.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2012
Sold by
Zaken Ricki
Bought by
Zaken Ricki and Ricki Zaken Revocable Trust

Purchase Details

Listed on
Jan 25, 2012
Closed on
Mar 21, 2012
Sold by
Ostayan Sam
Bought by
Zaken Tiran and Zaken Ricki
Seller's Agent
Maurice Kozak
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Patricia Cali
No Firm Affiliation
Sold Price
$4,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$2,925,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2006
Sold by
First Midland Inc
Bought by
Ostayan Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2006
Sold by
Lovelace David and The Kenneth Lovelace Qualified
Bought by
First Midland Inc

Purchase Details

Closed on
Apr 12, 2005
Sold by
Lovelace Kenneth and Lovelace Evelyn Louise
Bought by
Lovelace David and Kenneth Lovelace Qualified Personal Resi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Lovelace David and Kenneth Lovelace Qualified Per
Bought by
Kenneth Lovelace Qualified Personal Resi and Evelyn Lovelace Qualified Personal Resid

Purchase Details

Closed on
Sep 21, 2004
Sold by
Lovelace David and Kenneth Lovelace Qualified Per
Bought by
Lovelace Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2001
Sold by
Lovelace Kenneth and Lovelace Evelyn Louise
Bought by
Kenneth Lovelace Qualified Personal Resi

Purchase Details

Closed on
Jun 11, 1999
Sold by
Family Trust Berman Stuart E And Ilene H Trs
Bought by
Lovelace Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,907,500
Interest Rate
7.05%

Purchase Details

Closed on
Oct 21, 1994
Sold by
Berman Stuart E and Berman Ilene H
Bought by
Berman Stuart E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8.7%
Mortgage Type
Small Business Administration
Source: Public Records

Range of Values:

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Average Value
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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
Shahabeddin Morteza $6,150,000 First Amer Ttl Co Glendale
Paul Jake -- First Amer Ttl Co Glendale
Smith Alex -- First American Title
Segal Matthew $6,925,000 Equity Title Company
Kanitz Eyal -- None Available
Kanitz Eyal $3,200,000 Fidelity National Title
Kanitz Eyal -- Fidelity National Title
Zaken Ricki -- None Available
Zaken Tiran -- None Available
Zaken Tiran $4,500,045 Lawyers Title
Ostayan Sam -- Accommodation
First Midland Inc $767,100 None Available
Lovelace David -- United Title Company
Kenneth Lovelace Qualified Personal Resi -- --
Lovelace Kenneth -- --
Kenneth Lovelace Qualified Personal Resi -- --
Evelyn Lovelace Qualified Personal Resid -- --
Lovelace Kenneth $2,725,000 Progressive Title Company
Berman Stuart E -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morteza $842,000
Previous Owner Shahabeddin Morteza $3,800,000
Previous Owner Smith Alex $4,875,000
Previous Owner Segal Matthew $4,501,250
Previous Owner Kanitz Eyal $2,500,000
Previous Owner Kanitz Eyal $1,280,000
Previous Owner Kanitz Eyal $1,280,000
Previous Owner Maven Communications Group Inc $2,150,000
Previous Owner Zaken Tiran $2,925,000
Previous Owner Ostayan Sam $1,000,000
Previous Owner Ostayan Sam $2,000,000
Previous Owner Ostayan Sam $500,000
Previous Owner Lovelace David $1,500,000
Previous Owner Lovelace David $350,000
Previous Owner Lovelace Kenneth $12,000
Previous Owner Lovelace Kenneth $1,100,000
Previous Owner Lovelace Kenneth $1,907,500
Previous Owner Berman Stuart E $325,000
Closed Berman Stuart E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $6,150,000 -12.1% $409 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $7,000,000 +1.1% $465 / Sq Ft
10/13/2017 10/13/17 Sold $6,925,000 -6.4% $460 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
06/11/2017 06/11/17 For Sale $7,395,000 +131.1% $492 / Sq Ft
07/21/2014 07/21/14 Sold $3,200,000 -31.2% $213 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
05/11/2014 05/11/14 For Sale $4,650,000 +3.3% $309 / Sq Ft
03/23/2012 03/23/12 Sold $4,500,000 -- $299 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
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 $74,255 $6,656,956 $3,328,478 $3,328,478
2024 $74,255 $6,526,428 $3,263,214 $3,263,214
2023 $72,893 $6,398,460 $3,199,230 $3,199,230
2022 $70,625 $6,273,000 $3,136,500 $3,136,500
2021 $83,108 $7,279,411 $3,074,697 $4,204,714
2020 $82,198 $7,204,770 $3,043,170 $4,161,600
2019 $80,116 $7,063,500 $2,983,500 $4,080,000
2018 $79,160 $6,925,000 $2,925,000 $4,000,000
2016 $57,416 $5,071,173 $2,028,469 $3,042,704
2015 $56,423 $4,995,000 $1,998,000 $2,997,000
2014 $52,419 $4,610,838 $1,436,737 $3,174,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-674596

The MLS

APN: 2069-013-028