NOT LISTED FOR SALE

24025 Hidden Ridge Rd Hidden Hills, CA 91302

Estimated Value: $7,480,000 - $16,146,289

1.97 Acres
$5,984,369 Price per Acre
85,987 Sq Ft Lot

Last Sold March 09, 2015

Last sale price $4,000,000

Est. 195% increase in value since last sale

Current estimated payment $78,423/month

120 Days on Market

Highlights

  • Horse Property
  • Panoramic View
  • Horse Trails
  • Round Meadow Elementary School Rated A
  • Cul-De-Sac
  • Split Rail Fence

About This Lot

As of March 2015

BEAUTIFUL HIDDEN HILLS ESTATE LOT AT THE END OF A GORGEOUS VIEW CUL-DE-SAC (HIDDEN RIDGE ROAD). PASTORAL & CITY LIGHT VIEWS ABOUND FROM THIS SUPER PRIME LOT WITH AN APPROXIMATE 1+ACRE FLAT PAD (TOTAL LOT SIZE APPROX. 1.7 ACRES). ALL UTILITIES ARE UNDERGROUND (WATER, POWER, GAS, PHONE, SEWER, ETC.) AND THE WATER METER IS IN. THIS IS A NEWER, FLAT STREET TOTALING JUST 11 LARGE LOTS, EACH WITH VIEWS. NEW CONSTRUCTION OF LARGE, ESTATE SIZED CUSTOM RESIDENCES ARE IN PROCESS ON THE STREET, WITH MORE PLANNED TO START SOON. DON'T MISS THIS OPPORTUNITY TO OWN AND BUILD ON ONE OF THE FINEST LOTS ON HIDDEN RIDGE ROAD. SOILS AND GEOLOGY REPORTS AVAILABLE. PRELIMINARY PLANS ARE IN PROCESS FOR A CUSTOM ESTATE RESIDENCE FOR THIS LOT. PLEASE CALL LISTING AGENT FOR FURTHER INFORMATION.

Last Agent to Sell the Property

Marc Shevin

Douglas Elliman of California, Inc. License #00559629 Listed on: 09/07/2014

Douglas Elliman of California, Inc.

Co-Listed By

Beth Shevin

Berkshire Hathaway HomeServices California Properties License #00671618

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $185,781

Lot Details

  • 1.97 Acre Lot
  • Cul-De-Sac
  • Split Rail Fence
  • Vinyl Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Value in Land
  • Property is zoned HH-R-A-S

HOA Fees

  • $2 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Hills
  • Neighborhood

Utilities

  • Underground Utilities
  • Phone Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 54063
  • Assessor Parcel Number 2049045006

Community Details

Overview

  • Hidden Hills H.O.A. Association, Phone Number (818) 227-6657

Recreation

  • Horse Trails
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$185,781

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Current Use Comments: ESTATE LOT FOR ONE SINGLE FAMILY RESIDENCE
  • Improvements: PRIME ESTATE LOT. APPROX. ONE-FLAT ACRE BLDG. PAD. EXPANSIVE CITY LIGHTS & PASTORAL VIEWS. ALL UTILITIES UNDERGROUND. WATER METER IN. STREET PAVED.
  • Other Phone Description: RORY SHEVIN
  • Other Phone Number: 818 251-2476
  • Possible Use Comments: ONE SINGLE FAMILY ESTATE RESIDENCE.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Body Name: LAS VIRGEN
  • Zoning: HH-R-A-S
  • Property Type: Land
  • Parcel Number: 2049045006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 46.53

Exterior Features

  • View: City Lights, Hills, Neighborhood, Panoramic
  • Fencing: Split Rail, Vinyl

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 27.00
  • Association Fee Frequency: Annually
  • Association Name: HIDDEN HILLS H.O.A.
  • Phone: (818) 227-6657
  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Current Geological: Yes
  • Lot Features: Cul-De-Sac, Corners Marked, Horse Property, Rectangular Lot, Value In Land, Level with Street, Lot Over 40000 Sqft, Paved, Walkstreet
  • Lot Size Sq Ft: 85966.00
  • Lot Size Acres: 1.9740

Multi Family

  • Lot Size Area: 85966.0000 Square Feet

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 54063
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Dkd Llc
Bought by
Dkd Llc
Current Estimated Value
$11,813,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,600,000
Outstanding Balance
$7,602,821
Interest Rate
2.34%
Mortgage Type
Construction
Estimated Equity
$3,710,612

Purchase Details

Closed on
Mar 6, 2018
Sold by
Cablestay Investments Llc
Bought by
Dkd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,212,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 7, 2014
Closed on
Jan 29, 2015
Sold by
Ridge Developments Limited
Bought by
Ridge Developments Limited
Seller's Agent
Marc Shevin
Douglas Elliman of California, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$3,995,000
Sold Price
$4,000,000
Premium/Discount to List
$5,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
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
Dkd Llc -- Ticor Title
Dkd Llc -- Ticor Title
Dkd Llc $14,950,000 First American Title
Ridge Developments Limited -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dkd Llc $9,600,000
Closed Dkd Llc $9,600,000
Previous Owner Dkd Llc $9,990,000
Previous Owner Dkd Llc $11,212,500
Previous Owner Cablestay Investments Llc $6,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $4,000,000 +0.1% --
01/05/2015 01/05/15 Pending -- -- --
09/07/2014 09/07/14 For Sale $3,995,000 -- --
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
2025 $185,781 $17,010,545 $5,347,795 $11,662,750
2024 $185,781 $16,677,006 $5,242,937 $11,434,069
2023 $182,189 $16,350,007 $5,140,135 $11,209,872
2022 $176,413 $16,029,420 $5,039,349 $10,990,071
2021 $176,345 $15,715,119 $4,940,539 $10,774,580
2019 $169,923 $15,249,000 $4,794,000 $10,455,000
2018 $47,771 $4,225,064 $4,225,064 $0
2016 $49,368 $4,061,000 $4,061,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14194730

California Regional Multiple Listing Service (CRMLS)

APN: 2049-045-018