NOT LISTED FOR SALE

Estimated Value: $5,858,000 - $7,853,000

3 Beds
4 Baths
4,800 Sq Ft
$1,364/Sq Ft Est. Value

Highlights

  • Sound Studio
  • Home Theater
  • Gated Parking
  • Franklin Elementary School Rated A+
  • In Ground Pool
  • View of Trees or Woods

About This Home

As of August 2023

Located North of Montana Avenue. This unique home is newly constructed and includes top-of-the-line landscaping and a fountain greeting you upon arrival. Entering the home you immediately feel the comforts of resort-style living complete with an indoor/outdoor flow. 1st floor features a den, formal dining room, living room with fireplace, open kitchen with top-of-the-line finishes, Sub-Zero refrigerator, built-in wine fridge, custom cabinets with plenty of storage space, separate pantry, and breakfast nook. 2nd floor offers a spacious master suite with a fireplace, a large deck, a private office area as well as a large walk-in closet. Large master bath with dual sinks, separate shower, and generous tub. The 2nd & 3rd bedrooms have beautiful natural light complete with en suite bathrooms. Wonderful backyard with saline pool and waterfall, built-in BBQ & two patio areas. Detached recording studio complete with a 3/4 bath designed by famous music composer.

Last Agent to Rent the Property

Steve Sawaii

Compass License #00607215 Listed on: 06/19/2023

Compass

Last Renter's Agent

Steve Sawaii

Compass License #00607215 Listed on: 06/19/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,645

Year Built

  • Built in 2012

Lot Details

  • 8,939 Sq Ft Lot
  • Lot Dimensions are 60x149
  • Property is zoned SMR1*

Home Design

  • Mediterranean Architecture
  • Split Level Home

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Sound Studio
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Attached Carport
  • Driveway
  • Gated Parking

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $67,000
  • Tenant pays for cable TV, electricity, gas, insurance, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4278-027-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,645

Year Built

Built in 2012

Lot Details

0

Rental Info

  • Security Deposit: 67000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 4800
  • Lot Acreage: 0.2052
  • Lot Dimensions: 60x149
  • Stories: 2
  • Year Built: 2012
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 6.98

Exterior Features

  • Pool Description: Salt/Saline, In Ground
  • Pool: Yes
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Driveway, Carport, Gated, Covered Parking, Carport Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4278-027-017
  • Lot Size Area: 8939

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
May 5, 2015
Sold by
Nassab Fery S
Bought by
The 2004 Samad Sedghi Nassab & Fery S Na
Seller's Agent
Steve Sawaii
Compass
Buyer's Agent
Brad Simpson
The Agency
Sold Price
$25,000
Current Estimated Value
$6,549,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,524,185
Original Mortgage
$1,500,000
Outstanding Balance
$1,153,447
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$5,395,738

Purchase Details

Closed on
Jul 16, 2010
Sold by
Nassab Samad Sedghi and Nassab Fery S
Bought by
Nassab Fery S and 2004 Samad Sedghi & Fery S Nassab Revoca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2008
Sold by
Gelfand Todd
Bought by
Nassab Fery S and 2004 Samad Sedghi & Fery S Nassab Revoca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2008
Sold by
Gelfand Doreen
Bought by
Gelfand Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2008
Sold by
Jessen Charlotte and The Raymond & Charlotte Jessen
Bought by
Gelfand Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Jessen Charlotte and Jessen Raymond
Bought by
Jessen Charlotte and Raymond & Charlotte Jessen Family Trust

Purchase Details

Closed on
Jan 20, 1994
Sold by
Jessen Raymond J
Bought by
Jessen Raymond
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
The 2004 Samad Sedghi Nassab & Fery S Na -- Title365 Company
Nassab Fery S -- Ticor Title Company Of Ca
Nassab Samad Sedghi -- Ticor Title Company Of Ca
Nassab Fery S $2,300,000 Equity Title Los Angeles
Gelfand Todd -- Equity Title Los Angeles
Gelfand Todd -- Equity Title Los Angeles
Jessen Charlotte -- --
Jessen Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The 2004 Samad Sedghi Nassab & Fery S Na $1,500,000
Closed Nassab Samad Sedghi $700,000
Closed Gelfand Todd $1,200,000
Previous Owner Gelfand Todd $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Rented $32,000 -4.5% --
08/21/2023 08/21/23 Under Contract -- -- --
06/19/2023 06/19/23 For Rent $33,500 +3.1% --
01/24/2022 01/24/22 Rented $32,500 0.0% --
01/13/2022 01/13/22 Under Contract -- -- --
11/29/2021 11/29/21 For Rent $32,500 +12.1% --
12/31/2020 12/31/20 Rented $28,995 0.0% --
12/09/2020 12/09/20 Under Contract -- -- --
11/30/2020 11/30/20 For Rent $28,995 +1.7% --
03/01/2019 03/01/19 Rented $28,500 0.0% --
02/13/2019 02/13/19 For Rent $28,500 +5.6% --
06/15/2017 06/15/17 Rented $27,000 +1.9% --
04/17/2017 04/17/17 For Rent $26,500 +6.0% --
03/07/2015 03/07/15 Rented $25,000 0.0% --
03/07/2015 03/07/15 Under Contract -- -- --
02/26/2015 02/26/15 For Rent $25,000 0.0% --
03/12/2013 03/12/13 Rented $25,000 0.0% --
03/12/2013 03/12/13 Under Contract -- -- --
03/04/2013 03/04/13 For Rent $25,000 -- --
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 $44,645 $3,855,909 $2,961,853 $894,056
2024 $44,645 $3,780,304 $2,903,778 $876,526
2023 $43,935 $3,706,182 $2,846,842 $859,340
2022 $43,409 $3,633,513 $2,791,022 $842,491
2021 $42,369 $3,562,269 $2,736,297 $825,972
2019 $41,672 $3,456,612 $2,655,138 $801,474
2018 $39,164 $3,388,836 $2,603,077 $785,759
2016 $37,720 $3,257,246 $2,501,998 $755,248
2015 $37,236 $3,208,320 $2,464,416 $743,904
2014 -- $3,145,474 $2,416,142 $729,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-282219

The MLS

APN: 4278-027-017