NOT LISTED FOR SALE

3534 Locust Dr Calabasas, CA 91302

Estimated Value: $2,528,444 - $2,814,000

5 Beds
5 Baths
3,986 Sq Ft
$668/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $2,000,000 $502 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $16,120/month

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Updated Kitchen
  • Chaparral Elementary School Rated A
  • View of Trees or Woods
  • Maid or Guest Quarters

About This Home

As of June 2021

Stunning Executive Estate in the Calabasas Highlands! Set on a quiet street surrounded by regal oak trees and nature’s serenity, this warm and welcoming home awaits. Gently sloping front steps lead to a grand entry with custom leaded glass accents and an invitation to leave your worries behind. Soaring ceilings and two story windows grace the living and formal dining rooms with views of the trees from every angle. Your family chef will love the gourmet kitchen offering custom maple cabinets, Thermador appliances, Cambria quartz counters and Selenite crystal backsplash. The spacious family room, with charming wood burning fireplace, and casual dining area combine to create an easy-living space with something for everyone. There is a first floor Bedroom Suite, accessed via the butler’s pantry, which includes a bedroom, bath, walk-in closet, separate sitting area and private entry!
Three sets of Oak French doors invite you to the rear garden wonderland featuring a butterfly garden bordering low maintenance turf. The covered veranda and outdoor fireplace create a space perfect for entertaining, or peaceful meditation. This is the place to begin your day with the music of morning birdsong and to end your day under the soft light of the stars above. Set on an oversized lot, the lower garden has fruit trees and extra parking suitable for an RV or camper. Ascend the elegant oak staircase to the second floor master suite with a romantic fireplace, newly remodeled spa bath and two walk-in closets. A private outdoor balcony overlooking the gardens adds perfection to your sanctuary. Three additional upstairs bedrooms are spacious, each with a bay window looking out to lovely views.
This property has an added bonus in the partially finished basement (834sq ft) that is an ideal place for home theatre, game room, office area, so many options! Hand scraped hickory floors, Marvin double pane wood windows, Oak French doors, high end light and plumbing fixtures, newer HVAC and ducting (2016), newer front entry and driveway pavers (2020), and fresh exterior paint (2020) add both elegant and practical details to this gorgeous home. The Calabasas Highlands is a unique community where the neighbors enjoy sunset walks and wave as you drive by. You might feel as if you are far from the city, however the Calabasas Commons with theatre, dining and shopping are minutes away.

Last Agent to Sell the Property

Joseph Andrews

Pinnacle Estate Properties, Inc. License #00812649 Listed on: 05/02/2021

Pinnacle Estate Properties, Inc.

Co-Listed By

Katie Andrews

Pinnacle Estate Properties, Inc. License #01959322

Last Buyer's Agent

David Katz

RE/MAX One License #00910472

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,085

Year Built

  • Built in 1991

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Landscaped
  • Garden
  • Back and Front Yard
  • Property is zoned LCA11*

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Woods
  • Mountain
  • Hills

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 3,986 Sq Ft Home
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • French Doors
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Game Room
  • Storage
  • Home Gym
  • Attic Fan
  • Unfinished Basement

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Convection Oven
  • Built-In Range
  • Range Hood
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Wrap Around Porch
  • Patio
  • Outdoor Fireplace
  • Terrace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Chaparral Elementary School
  • A.C. Stelle Middle School
  • Calabasas High School

Additional Features

  • Property is near a park
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 2 / 16
  • Tax Tract Number 9435
  • Assessor Parcel Number 2072002118

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Park
  • Dog Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,085

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LCA11*
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2072002118
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3986.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Attic Fan, Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Outside, Gas Starter, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 501.76
  • Room Type: Basement, Bonus Room, Den, Entry, Exercise Room, Family Room, Game Room, Guest/Maid's Quarters, Kitchen, Living Room, Loft, Main Floor Master Bedroom, Master Suite, Office, Separate Family Room, Two Masters, Walk-In Closet, Walk-In Pantry
  • Window Features: Bay Window(s), Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Walk-In Pantry
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Hills, Mountain(s), Trees/Woods
  • Patio And Porch Features: Concrete, Covered, Front Porch, Rear Porch, Terrace, Wrap Around
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Private
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Cooktop, Ice Maker, Range Hood, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central, Zoned, Fireplace(s)
  • Laundry Features: Dryer Included, Laundry Chute, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Hiking, Park, Preserve/Public Land, Rural

Schools

  • School District: Las Virgenes
  • Elementary School: Chaparral
  • Middle School: A.C. Stelle
  • High School: Calabasas
  • Elementary School: Chaparral
  • High School: Calabasas
  • Middle Or Junior School: A.C. Stelle
  • Elementary School #2: CHAPAR2
  • High School2: CALABA2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped, Lot 10000-19999 Sqft, Park Nearby
  • Lot Size Sq Ft: 12106.00
  • Lot Size Acres: 0.2779

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12106.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 8001.01
  • Tax Lot: 2
  • Tax Tract Number: 9435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
May 10, 2021
Sold by
Paul R Loustau And Debora Loustau Living and Loustau Debora
Bought by
Sanborn Mitchell
Seller's Agent
Joseph Andrews
Pinnacle Estate Properties, Inc.
Buyer's Agent
David Katz
RE/MAX One
List Price
$1,999,999
Sold Price
$2,000,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$2,661,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,861
Avg. Annual Appreciation
6.92%
Original Mortgage
$1,500,000
Outstanding Balance
$1,355,102
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,306,759

Purchase Details

Closed on
Feb 14, 2017
Sold by
Loustau Paul R
Bought by
Loustau Paul R and Loustau Debora

Purchase Details

Closed on
Nov 9, 2011
Sold by
Loustau Paul R and Loustau Ingrid
Bought by
Loustau Paul R and Loustau Ingrid
Source: Public Records

Range of Values:

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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
Sanborn Mitchell $2,000,000 Priority Title
Loustau Paul R -- None Available
Loustau Paul R -- None Available
Loustau Paul R -- None Available
Loustau Paul R -- None Available
Loustau Paul R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanborn Mitchell $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $2,000,000 0.0% $502 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $1,999,999 -- $502 / 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 $24,085 $2,164,862 $1,338,751 $826,111
2024 $24,085 $2,122,414 $1,312,501 $809,913
2023 $23,592 $2,080,799 $1,286,766 $794,033
2022 $22,805 $2,040,000 $1,261,536 $778,464
2021 $7,295 $610,548 $127,307 $483,241
2020 $7,214 $604,288 $126,002 $478,286
2019 $7,040 $592,440 $123,532 $468,908
2018 $6,955 $580,824 $121,110 $459,714
2016 $6,565 $558,271 $116,408 $441,863
2015 $6,456 $549,886 $114,660 $435,226
2014 $6,371 $539,115 $112,414 $426,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21092925

California Regional Multiple Listing Service (CRMLS)

APN: 2072-002-118