NOT LISTED FOR SALE

38 Saddleback Rd Rolling Hills, CA 90274

Estimated Value: $3,661,000 - $8,744,000

3 Beds
2 Baths
1,972 Sq Ft
$3,277/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $1,650,000 $837 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $39,227/month

163 Days on Market

Highlights

  • Ocean View
  • Stables
  • Spa
  • Dapplegray Elementary School Rated A+
  • Horse Property
  • All Bedrooms Downstairs

About This Home

As of February 2012

WHEN YOU WALK IN,THIS VIEW WILL TAKE YOUR BREATH AWAY! 270 degree panoramic views of Malibu to the LA Skyline glittering like diamonds to the Port of LA & beyond!Perched on over an acre of mostly flat usable land with superior views behind the gates, this is a garden paradise! Sq ft over 2650+ includes main house w amazing vista views, there is also a office/den above the stables for entertaining or office space has skylights, air cond, dual paned windows & lovely wood beamed ceilings. This property is tranquil & gorgeous! Viking appliances! It has warmth & ambiance w the security & privacy of being behind the gates in Rolling Hills with 24/7 guard service. The property has a fenced corral, horse stables, outdoor dining room for al fresco dining & entertaining, courtyard, spa, mediation garden, guest house, children's tree house, relaxing fountain & stone walk ways, & community tennis courts. Home is in pristine condition! Shown by appointment only.

Last Agent to Sell the Property

Wendy Rich-Soto

Keller Williams Rlty/LA Harbor License #01311750 Listed on: 08/06/2011

Keller Williams Rlty/LA Harbor

Co-Listed By

Kim Howard

West Shores Realty, Inc. License #01498911

Last Buyer's Agent

Clint Lukens

Clint Lukens Realty License #01367014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • 1.26 Acre Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Tile Roof
  • Concrete Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,972 Sq Ft Home
  • Skylights
  • Fireplace With Gas Starter
  • Blinds
  • Garden Windows
  • French Doors
  • Separate Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Horse Property
  • Deck
  • Slab Porch or Patio
  • Lanai

Horse Facilities and Amenities

  • Horse Property Improved
  • Stables

Utilities

  • Forced Air Heating System
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 140
  • Tax Tract Number 6705
  • Assessor Parcel Number 7569002016

Community Details

Recreation

  • Tennis Courts
  • Horse Trails

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

HOA Fees

$158 per month

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Custom
  • View: Yes
  • Architectural Style: Ranch, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7569002016
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1972.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Gas Starter
  • Levels: One
  • Price Per Square Foot: 836.71
  • Room Type: All Bedrooms Down, Bonus Room, Living Room, Separate Family Room
  • Spa Features: Private
  • Window Features: Blinds, Garden Window(s), Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Stable
  • View: City Lights, Coastline, Harbor, Mountain(s), Ocean, Panoramic
  • Patio And Porch Features: Concrete, Deck, Lanai, Patio, Screened, Slab, Stone
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free Standing, Gas Cooking, Disposal
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Inside
  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Horse Trails, Tennis Court(s)
  • Association Fee: 158.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Horse Property Improved, Horse Property, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 54720.00
  • Lot Size Acres: 1.2600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 54720.0000 Square Feet

Tax Info

  • Tax Lot: 140
  • Tax Tract: Custom
  • Tax Tract Number: 6705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2011
Closed on
Jan 18, 2012
Sold by
Mcgrath Edward J
Bought by
Cursage Maria Rosa and Maria Rosa Cursage 2001 Trust
Seller's Agent
Wendy Rich-Soto
Keller Williams Rlty/LA Harbor
Buyer's Agent
Clint Lukens
Clint Lukens Realty
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Current Estimated Value
$6,462,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,812,118
Avg. Annual Appreciation
10.34%
Original Mortgage
$1,155,000
Outstanding Balance
$131,770
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$6,330,348

Purchase Details

Closed on
Jul 26, 2006
Sold by
Mcgrath Edward J
Bought by
Mcgrath Edward J and Mcgrath Dyanne Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,092,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Mcgrath Edward J
Bought by
Mcgrath Edward J and Mcgrath Dyanne Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2004
Sold by
Mcgrath Edward J
Bought by
Mcgrath Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2000
Sold by
Black Black J
Bought by
Mcgrath Edward J and Mcgrath Dyanne Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cursage Maria Rosa $1,650,000 Fatcola-Resale
Mcgrath Edward J -- Accommodation
Mcgrath Edward J -- Alliance Title Company
Mcgrath Edward J -- --
Mcgrath Edward J -- Ticor Title Company
Mcgrath Edward J $850,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cursage Maria Rosa $1,155,000
Previous Owner Mcgrath Edward J $1,092,000
Previous Owner Mcgrath Edward J $795,000
Previous Owner Mcgrath Edward J $795,000
Closed Mcgrath Edward J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $1,650,000 -2.9% $837 / Sq Ft
08/06/2011 08/06/11 For Sale $1,699,000 -- $862 / 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 $63,740 $5,678,090 $2,072,489 $3,605,601
2024 $63,740 $5,566,755 $2,031,852 $3,534,903
2023 $62,848 $5,457,604 $1,992,012 $3,465,592
2022 $59,323 $5,350,593 $1,952,953 $3,397,640
2021 $62,712 $5,572,465 $1,914,660 $3,657,805
2019 $59,949 $5,407,184 $1,857,871 $3,549,313
2018 $59,197 $5,301,162 $1,821,443 $3,479,719
2016 $36,717 $3,296,034 $1,750,715 $1,545,319
2015 $36,368 $3,246,525 $1,724,418 $1,522,107
2014 $26,352 $2,296,640 $1,690,640 $606,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP792027

California Regional Multiple Listing Service (CRMLS)

APN: 7569-002-016