NOT LISTED FOR SALE

3556 Locust Dr Calabasas, CA 91302

Estimated Value: $1,488,000 - $1,867,000

4 Beds
4 Baths
2,821 Sq Ft
$573/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2017

Last sale price $975,000 $346 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $9,510 / mo

281 Days on Market

Highlights

  • Koi Pond
  • Art Studio
  • Primary Bedroom Suite
  • Chaparral Elementary School Rated A
  • Home fronts a pond
  • View of Trees or Woods

About This Home

As of April 2017

CHARMING COTTAGE FOR SALE. Enter the courtyard through a brick archway and find yourself in a secret garden with an inviting lily pond, waterfall, and romantic bridge to your front door. Fragrant vines, rose bushes and heritage oaks complete the picture. With multiple seating and dining areas around the exterior of the house, you might find your favorite is the one overlooking the pond and waterfall. Enjoy the playful koi while you sip your morning coffee or relax with an end of day glass of wine or cup of tea. The interior of the house is equally lovely, with an updated kitchen, sky lights and vaulted ceilings. There are newer dual pane windows throughout (including a newer picture window in the master bedroom overlooking the heritage oaks). The home of a very well-known impressionist artist, this property has served as the inspiration for many of her award winning paintings. There is a fully functional art studio as well as a bonus room that serves as a guest suite. There aren't many opportunities to own a house with land in the Calabasas Highlands, don't miss your chance to create your own personal sanctuary!

Last Agent to Sell the Property

Joseph Andrews

Pinnacle Estate Properties, Inc. License #00812649 Listed on: 06/13/2016

Pinnacle Estate Properties, Inc.

Co-Listed By

Katie Andrews

Pinnacle Estate Properties, Inc. License #01959322

Last Buyer's Agent

Anita Motz

Pinnacle Estate Properties, Inc. License #01494048

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 34,093 Sq Ft Lot
  • Home fronts a pond
  • Rural Setting
  • Masonry wall
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Secluded Lot
  • Front and Back Yard Sprinklers
  • Garden
  • 2072002132, 2072-002-073, 2072-002-076, 2072-002-149

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Pond
  • Woods
  • Mountain
  • Hills
  • Courtyard

Home Design

  • English Architecture
  • Cottage
  • Interior Block Wall

Interior Spaces

  • 2,821 Sq Ft Home
  • Multi-Level Property
  • Built-In Features
  • Cathedral Ceiling
  • Double Pane Windows
  • Drapes & Rods
  • Bay Window
  • French Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Art Studio
  • Storage
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Koi Pond
  • Terrace
  • Exterior Lighting
  • Shed
  • Rain Gutters

Schools

  • Chaparral Elementary School
  • Calabasas High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9435
  • Assessor Parcel Number 2072002131

Community Details

Overview

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

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1984 | Remodeled

Lot Details

0.78 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Architectural Style: Cottage, English
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2072002131
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2821.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Built-in Features, Cathedral Ceiling(s), Granite Counters, High Ceilings, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Multi/Split
  • Price Per Square Foot: 345.62
  • Room Type: Art Studio, Bonus Room, Den, Exercise Room, Family Room, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office
  • Window Features: Bay Window(s), Double Pane Windows, Drapes

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Exterior Features: Koi Pond, Lighting, Rain Gutters
  • View: Courtyard, Hills, Mountain(s), Pond, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Chain Link, Masonry, Wood, Wrought Iron
  • Patio And Porch Features: Brick, Concrete, Stone, Terrace, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, Trash Compactor, Water Purifier
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Electric
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Inside, Washer Included
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous, Preserve/Public Land, Rural

Schools

  • Elementary School: Chaparral
  • High School: Calabasas
  • Elementary School #2: CHAPAR2
  • High School2: CALABA2

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2072002132, 2072-002-073, 2072-002-076, 2072-002-149
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Lot 10000-19999 Sqft, Secluded, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 34093.00
  • Price Per Lot Square Foot: 48.62

Multi Family

  • Lease Considered: No
  • Waterfront Features: Pond

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 9435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Apr 3, 2017
Sold by
Farhadmehr Bahareh
Bought by
Kolyael Farshad
Seller's Agent
Joseph Andrews
Pinnacle Estate Properties, Inc.
Buyer's Agent
Anita Motz
Pinnacle Estate Properties, Inc.
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%
Current Estimated Value
$1,589,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,590
Avg. Annual Appreciation
5.75%
Original Mortgage
$665,000
Outstanding Balance
$548,407
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$1,067,190

Purchase Details

Listed on
Jun 13, 2016
Closed on
Mar 31, 2017
Sold by
Gertenbach Lynn
Bought by
Kolyael Farshad
Seller's Agent
Joseph Andrews
Pinnacle Estate Properties, Inc.
Buyer's Agent
Anita Motz
Pinnacle Estate Properties, Inc.
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$548,407
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$1,067,190

Purchase Details

Closed on
Sep 4, 2013
Sold by
Gertenbach Lynn
Bought by
Gertenbach Lynn and Gertenbach Trust Of 2013

Purchase Details

Closed on
Jun 20, 2012
Sold by
Gertenbach Lynn and Lynn Gertenbach
Bought by
Gertenbach Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1999
Sold by
Belfor Carl
Bought by
Lynn Gertenbach & Carl Belfor Living Tr

Purchase Details

Closed on
May 6, 1994
Sold by
Meyer Dale L
Bought by
Belfor Carl and Gertenbach Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kolyael Farshad -- Priority Title Company
Kolyael Farshad $962,500 Priority Title Company
Gertenbach Lynn -- None Available
Gertenbach Lynn -- First American Title Company
Lynn Gertenbach & Carl Belfor Living Tr -- --
Belfor Carl $355,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolyael Farshad $665,000
Previous Owner Gertenbach Lynn $126,000
Previous Owner Belfor Carl $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $975,000 -11.4% $346 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
06/13/2016 06/13/16 For Sale $1,100,000 -- $390 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,296 $1,071,737 $603,501 $468,236
2024 $12,296 $1,050,723 $591,668 $459,055
2023 $12,028 $1,030,121 $580,067 $450,054
2022 $11,612 $1,009,924 $568,694 $441,230
2021 $11,591 $990,123 $557,544 $432,579
2019 $10,568 $905,148 $541,008 $364,140
2018 $10,433 $887,400 $530,400 $357,000
2016 $5,520 $466,615 $215,359 $251,256
2015 $5,429 $459,607 $212,125 $247,482
2014 $5,364 $450,605 $207,970 $242,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16129101

California Regional Multiple Listing Service (CRMLS)

APN: 2072-002-131

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