NOT LISTED FOR SALE

24049 Chestnut Way Calabasas, CA 91302

Estimated Value: $2,873,000 - $3,626,000

6 Beds
5.5 Baths
5,328 Sq Ft
$621/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $2,050,000 $385 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $20,049/month

Highlights

  • 24-Hour Security
  • In Ground Pool
  • 0.7 Acre Lot
  • Chaparral Elementary School Rated A
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of August 2023

Step into luxury with this stunning 6 bedroom, 5.5 bathroom Traditional haven located within the prestigious guard-gated community of Mountain Park. Newly and meticulously remodeled to perfection, this residence boasts a light-filled living room, accompanied by a cozy den complete with a full wet bar and fireplace - an entertainer's dream. Eat-in kitchen with top-of-the-line stainless steel appliances including Subzero refrigeration and Viking range. Relish in the breathtaking views of both the city skyline and majestic mountains from the large primary bedroom with spacious walk-in closet. Unwind in the serene ambiance of your private pool and spa, or take advantage of the community's tennis and pickleball courts for an active lifestyle. The sprawling community features a vast park, offering ample space for outdoor activities and mesmerizing sunsets. Golf enthusiasts will delight in the included putting green. Indulge in the pinnacle of upscale living, where every detail has been thoughtfully designed for your comfort and enjoyment.

Last Agent to Rent the Property

Alexis LaMontagna

Coldwell Banker Realty License #01400539 Listed on: 08/14/2023

Coldwell Banker Realty

Co-Listed By

Jade Mills

Coldwell Banker Realty License #00526877

Last Renter's Agent

Blake Varga

The Agency License #02026314

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,327

Year Built

  • Built in 1987

Lot Details

  • 0.7 Acre Lot
  • Property is zoned LCA1

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,328 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $65,000
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4455-051-007

Community Details

Recreation

  • Tennis Courts
  • Pickleball Courts

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,327

Year Built

Built in 1987

Lot Details

0

Parking

3

Rental Info

  • Security Deposit: 65000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 5328
  • Lot Acreage: 0.7000
  • Stories: 2
  • Year Built: 1987
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Tile, Stone Tile
  • Bedrooms: 6
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 6.10

Exterior Features

  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: City Lights, City, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 1 Car, Garage - 3 Car, Attached, Door Opener
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Tennis Courts, Pickleball, Controlled Access, Security
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4455-051-007
  • Lot Size Area: 30494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 15, 2020
Sold by
Chang David D and Chang Jane O
Bought by
17 Cherry Tree Lane Llc
Seller's Agent
Marc Shevin
Douglas Elliman of California, Inc.
List Price
$2,150,000
Sold Price
$2,050,000
Premium/Discount to List
-$100,000
-4.65%
Current Estimated Value
$3,307,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,257,565
Avg. Annual Appreciation
10.60%
Original Mortgage
$1,389,500
Outstanding Balance
$1,239,275
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,068,290

Purchase Details

Closed on
Mar 31, 2017
Sold by
Chang David D and Chang Jane O
Bought by
Chang David D and Chang Jane O

Purchase Details

Closed on
Feb 18, 2013
Sold by
Chang David D and Chang Jane O
Bought by
Chang David D and Chang Jane O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2010
Sold by
Chang David D and Chang Jane O
Bought by
Chang David D and Chang Jane O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2006
Sold by
Chang David and Chang Jane
Bought by
Chang David D and Chang Jane O

Purchase Details

Closed on
Feb 2, 2004
Sold by
Gasson Judith C and Kronemyer David E
Bought by
Chang David and Chang Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
Kronemyer David E and Gasson Judith C
Bought by
Gasson Judith C and Kronemyer David E
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
17 Cherry Tree Lane Llc $1,985,000 California Title Company
Chang David D -- None Available
Chang David D -- None Available
Chang David D -- Lawyers Title Company
Chang David D -- None Available
Chang David $1,300,000 Equity Title Company
Gasson Judith C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 17 Cherry Tree Lane Llc $750,000
Open 17 Cherry Tree Lane Llc $1,389,500
Previous Owner Chang David D $795,000
Previous Owner Chang David D $862,000
Previous Owner Chang David $975,000
Previous Owner Gasson Judith C $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Rented $30,000 0.0% --
11/25/2020 11/25/20 Sold $2,050,000 -4.7% $431 / Sq Ft
09/12/2019 09/12/19 For Sale $2,150,000 -- $452 / 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 $24,327 $2,148,624 $1,508,367 $640,257
2024 $24,327 $2,106,495 $1,478,792 $627,703
2023 $23,840 $2,065,193 $1,449,797 $615,396
2022 $23,059 $2,024,700 $1,421,370 $603,330
2021 $23,023 $1,985,000 $1,393,500 $591,500
2020 $19,638 $1,690,055 $1,165,229 $524,826
2019 $19,145 $1,656,918 $1,142,382 $514,536
2018 $18,855 $1,624,431 $1,119,983 $504,448
2016 $17,867 $1,561,354 $1,076,494 $484,860
2015 $17,561 $1,537,902 $1,060,325 $477,577
2014 $17,354 $1,507,777 $1,039,555 $468,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-300061

The MLS

APN: 4455-051-007