NOT LISTED FOR SALE

24951 Palmilla Dr Calabasas, CA 91302

Estimated Value: $3,252,000 - $4,017,000

5 Beds
5 Baths
4,732 Sq Ft
$764/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $3,050,000 $645 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $22,615/month

6 Days on Market

Highlights

  • 24-Hour Security
  • Home Theater
  • Primary Bedroom Suite
  • Bay Laurel Elementary School Rated A
  • Private Pool
  • Golf Course View

About This Home

As of October 2021

Elegant and stylish, this rare gated view estate is nestled in a private enclave of Calabasas Park Estates. Endless views overlooking the Country Club’s golf course and the Calabasas skyline. Recently remodeled, this estate features open and spacious living. Dramatic entry with two level ceilings, a stately living and dining room both overlooking the views. An entirely remodeled kitchen with expansive island bar open to family room and breakfast dinette. Top grade appliances, modern cabinetry and designer stone finishes complement this master kitchen. There are two bedrooms on the first level and three additional on the second level. The master suite is spacious with fireplace and a retreat for private office or lounge. The master spa is a delight, remastered with a zen shower and tub, modern cabinets and flooring and beautiful walk in closet.
The outdoor space is incredible with large pool and spa, outdoor seating with built in fire pit and rope lighting, large entertaining hardscape with ultimate privacy and serenity overlooking the open skyline.

Last Agent to Sell the Property

Emil Hartoonian

The Agency License #01796925 Listed on: 09/08/2021

The Agency

Last Buyer's Agent

Emil Hartoonian

The Agency License #01796925 Listed on: 09/08/2021

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,279

Year Built

  • Built in 1998

Lot Details

  • 0.42 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CSRS*

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Golf Course
  • Pasture
  • Mountain
  • Neighborhood

Home Design

  • Planned Development

Interior Spaces

  • 4,732 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Theater
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Exterior Lighting

Schools

  • Bay Laurel Elementary School
  • A.C. Stelle Middle School
  • Calabasas High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 35396
  • Assessor Parcel Number 2069059019
  • $1,847 per year additional tax assessments

Community Details

Overview

  • Calabasas Park Estates Association, Phone Number (818) 225-9191
  • Ross Morgan HOA

Recreation

  • Sport Court
  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,279

Year Built

Built in 1998

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Security System
  • View: Yes
  • Zoning: CSRS*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2069059019
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4732.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 644.55
  • Room Type: Family Room, Formal Entry, Foyer, Home Theatre, Kitchen, Living Room, Master Suite, Media Room, Multi-Level Bedroom, Walk-In Closet
  • Spa Features: Private
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • View: Golf Course, Mountain(s), Neighborhood, Pasture
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Water Heater Central
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Sport Court
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Calabasas Park Estates
  • Phone: 818-225-9191
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: Ross Morgan

Schools

  • School District: Las Virgenes
  • Elementary School: Bay Laurel
  • Middle School: A.C. Stelle
  • High School: Calabasas
  • Elementary School: Bay Laurel
  • High School: Calabasas
  • Middle Or Junior School: A.C. Stelle
  • Elementary School #2: BAYLAU
  • High School2: CALABA2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18112.00
  • Lot Size Acres: 0.4158

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18112.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8002.04
  • Tax Lot: 19
  • Tax Tract Number: 35396
  • TaxOtherAnnualAssessmentAmount: 1847.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 19, 2021
Sold by
Wayne Eric J and Wayne Lisa M
Bought by
Caldwell Nancy
Seller's Agent
Emil Hartoonian
The Agency
Buyer's Agent
Emil Hartoonian
The Agency
List Price
$2,999,000
Sold Price
$3,050,000
Premium/Discount to List
$51,000
1.7%
Current Estimated Value
$3,614,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,507
Avg. Annual Appreciation
4.18%
Original Mortgage
$2,050,000
Outstanding Balance
$1,877,503
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,698,969

Purchase Details

Closed on
Nov 26, 2018
Sold by
Wayne
Bought by
Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.81%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Cheung Hoi Yin
Bought by
Wayne Eric J and Wayne Lisa M

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
5.62%

Purchase Details

Closed on
Sep 2, 1998
Sold by
Cheung Hoi Y
Bought by
Cheung Hoi Yin and Cheung Shung Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.92%
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
Caldwell Nancy $3,050,000 Lawyers Title
Wayne -- --
Wayne Eric J $1,300,500 Equity Title Company
Cheung Hoi Yin -- Fidelity National Title Co
Cheung Hoi Yin -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Nancy $2,050,000
Previous Owner Wayne Eric J $150,000
Previous Owner Eric And Lisa Wayne Trust $1,175,000
Previous Owner Wayne --
Previous Owner Wayne Eric J $114,200
Previous Owner Wayne Eric J $1,274,000
Previous Owner Wayne Eric J $1,300,000
Previous Owner Wayne Eric J $250,000
Previous Owner Wayne Eric J $1,140,000
Previous Owner Wayne Eric J $160,000
Previous Owner Wayne Eric J $1,100,000
Previous Owner Wayne Eric J $1,000,000
Previous Owner Cheung Hoi Yin $250,000
Previous Owner Cheung Hoi Yin $380,000
Closed Wayne Eric J $105,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $3,050,000 +1.7% $645 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $2,999,000 -- $634 / Sq Ft
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 $37,279 $3,236,683 $1,958,459 $1,278,224
2024 $37,279 $3,173,219 $1,920,058 $1,253,161
2023 $36,487 $3,111,000 $1,882,410 $1,228,590
2022 $35,296 $3,050,000 $1,845,500 $1,204,500
2021 $21,960 $1,806,880 $1,005,799 $801,081
2019 $21,162 $1,753,288 $975,967 $777,321
2018 $20,901 $1,718,911 $956,831 $762,080
2017 $19,754 $1,622,558 $938,070 $684,488
2016 $19,119 $1,590,744 $919,677 $671,067
2015 $18,798 $1,566,850 $905,863 $660,987
2014 $18,527 $1,536,159 $888,119 $648,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21198428

California Regional Multiple Listing Service (CRMLS)

APN: 2069-059-019