NOT LISTED FOR SALE

Estimated Value: $3,814,000 - $5,245,000

6 Beds
5.5 Baths
7,084 Sq Ft
$621/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $3,700,000 $522 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $28,041/month

124 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • View of Trees or Woods
  • Sumac Elementary School Rated A
  • Primary Bedroom Suite
  • Maid or Guest Quarters

About This Home

As of August 2023

Value Range from $4,000,000 - $4,250,000. This exceptional Medea Valley Estates home is truly remarkable. First impressions matter and this home doesn’t disappoint. The tutor style elevation is timeless and enticing. The circular driveway makes for easy arrival. Enter this luxurious custom property through the french doors and be swept away by the grand entry and staircase! The well-designed floor plan will suit many lifestyle choices. The home features 6 bedrooms, 6 bathrooms, and 3 fireplaces. The classically appointed gourmet kitchen boasts granite counters, stainless steel appliances, 8-Burner gas stovetop, wood flooring, large center island, butler’s pantry and kitchen nook for breakfast and casual meals. The spacious master bedroom includes hardwood floors, large walk-in closet with custom cabinets and gorgeous master bath. The exceptional walk out balcony must be seen to be appreciated. Crown molding and discreet laundry shoot upstairs. Jack and Jill bathroom for 2nd and 3rd bedrooms at the top of the stairs and two downstairs bedrooms. The beautiful home library is the perfect place to unwind with a good book or use as a home office. The family room is the quintessential hang-out space or place to unwind by the brick fireplace. This is a true oasis on over one acre with the backyard being very private and has views of surrounding hills. This extensive and well designed back yard includes a pool & spa, tennis court, an incredible covered outdoor living space specifically designed for entertaining and alfresco meals, beautiful landscaping, with lemon and lime trees. Enjoy the relaxing waterfall feature adjacent to the spa or relax by the outdoor fireplace. The home includes a 3-Car garage with a full sized attic above giving significant additional storage space. Two recently installed tankless water heaters, central vacuum system, dedicated electric sauna room, exercise room with mirrored wall and sound equipment adds to the property. Owned solar equipment 4 years new, and eight camera security system help provide extra security. All electronics can be remotely controlled via ipad or personal cell phone. Located on a Private Cul-de-Sac Street. The community appeal lies in the wide streets, sizable estate lots, mature trees and the extra security afforded by the enchanting main gate. Nine miles away from the beaches of Malibu and the Pacific Ocean. Located just off Kanan Road and Castle View Drive. This location offers great privacy, a serene lifestyle, mountain views, luxury and elegance, yet provides swift access to the 101 freeway located 2 miles away, restaurants and businesses. Close access to parks, open spaces, Malibu Wines and Calamigos Ranch. Located in the acclaimed Las Virgenes School District.

Last Agent to Sell the Property

Bryan Hoffman

Keller Williams Realty License #01364134 Listed on: 02/10/2023

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,302

Year Built

  • Built in 1988

Lot Details

  • 1.03 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned Lcr19000-R

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Woods
  • Mountain
  • Hills
  • Neighborhood

Interior Spaces

  • 7,084 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Game Room
  • Sauna
  • Galley Kitchen
  • Home Gym

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry Chute
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Sumac Elementary School
  • Lindero Canyon Middle School
  • Agoura High School

Utilities

  • Zoned Heating and Cooling
  • No Heating

Listing and Financial Details

  • Tax Tract Number 6
  • Assessor Parcel Number 2063017094

Community Details

Overview

  • Medea Valley Estates Association, Phone Number (805) 987-8945

Security

  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,302

Year Built

Built in 1988

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: Lcr19000-R
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2063017094
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7084.00
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Family Room, Fire Pit, Living Room, Master Bedroom, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 522.30
  • Room Type: Bonus Room, Den, Exercise Room, Formal Entry, Galley Kitchen, Game Room, Great Room, Guest/Maid's Quarters, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Sauna, Walk-In Closet
  • Spa Features: Heated, In Ground

Exterior Features

  • View: Hills, Mountain(s), Neighborhood, Trees/Woods
  • Fence: No
  • Pool Features: Gas Heat, In Ground, Private, Salt Water, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Controlled Access, Management, Pet Rules, Pets Permitted
  • Association Fee: 2000.00
  • Association Fee Frequency: Annually
  • Association Name: Medea Valley Estates
  • Phone: 805-987-8945
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Las Virgenes
  • Elementary School: Sumac
  • Middle School: Lindero Canyon
  • High School: Agoura
  • Elementary School: Sumac
  • High School: Agoura
  • Middle Or Junior School: Lindero Canyon
  • Elementary School #2: SUMAC
  • High School2: AGOURA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 44728.00
  • Lot Size Acres: 1.0268

Multi Family

  • Lease Considered: No
  • Lot Size Area: 44728.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 6-536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Jul 13, 2023
Sold by
Hastings Carol
Bought by
Hastings Charles
Seller's Agent
Bryan Hoffman
Keller Williams Realty
List Price
$4,250,000
Sold Price
$3,700,000
Premium/Discount to List
-$550,000
-12.94%
Views
164
Current Estimated Value
$4,395,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$695,982
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Iovine Jane S
Bought by
Iovine Family Trust 1998 and Jane Iovine Revocable Trust

Purchase Details

Closed on
Apr 27, 1998
Sold by
Jane Iovine Revocable Trust
Bought by
Hastings Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,405,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hastings Charles -- Fidelity National Title
Iovine Family Trust 1998 -- None Available
Hastings Charles $3,700,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hastings Charles $2,000,000
Previous Owner Iovine Jane S $645,000
Previous Owner Iovine Gino J $993,000
Previous Owner Iovine Gino J $996,000
Previous Owner Iovine Gino J $999,000
Previous Owner Iovine Gino J $1,000,000
Previous Owner Iovine Gino J $1,000,000
Previous Owner Iovine Gino J $1,000,000
Previous Owner Hastings Charles $2,405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $3,700,000 -7.5% $522 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $4,000,000 -5.9% $565 / Sq Ft
02/10/2023 02/10/23 For Sale $4,250,000 -- $600 / 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
2024 $42,302 $3,700,000 $2,116,000 $1,584,000
2023 $28,239 $2,446,094 $937,939 $1,508,155
2022 $27,319 $2,398,133 $919,549 $1,478,584
2021 $27,266 $2,351,112 $901,519 $1,449,593
2019 $26,299 $2,281,380 $874,781 $1,406,599
2018 $25,749 $2,236,648 $857,629 $1,379,019
2016 $23,934 $2,109,798 $824,327 $1,285,471
2015 $23,521 $2,078,108 $811,945 $1,266,163
2014 $23,185 $2,037,402 $796,041 $1,241,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2300683

California Regional Multiple Listing Service (CRMLS)

APN: 2063-017-094