NOT LISTED FOR SALE

5403 Wellesley Dr Calabasas, CA 91302

Estimated Value: $3,629,000 - $4,212,000

5 Beds
6 Baths
6,198 Sq Ft
$626/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $3,500,000 $565 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $23,325/month

33 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Primary Bedroom Suite
  • Round Meadow Elementary School Rated A
  • Sauna
  • Updated Kitchen

About This Home

As of January 2024

Prominently situated on a large, private corner lot in the desirable gated community of Mountain View Estates, this Mediterranean villa welcomes you with grand double iron doors and soaring ceilings, setting the tone for an inviting and lavish living space. The spacious living room is flooded with natural light pouring through the two-story windows, perfect for gatherings and a sense of calm. The designer chef's kitchen, with center island and breakfast nook, seamlessly flows into the substantial dining room and family room, creating a warm and open atmosphere. Upstairs, the primary bedroom offers a cozy retreat with a separate sitting area and fireplace, two generous walk-in closets, and a luxurious ensuite bathroom. With an indoor cedar sauna, separate gym, solar panels, a greenhouse and an outdoor entertainer’s haven featuring a basketball court, large grassy area, BBQ center, pool, spa, and covered patio, this home is sure to impress. With breathtaking sunset views, this home exemplifies the dream of indoor/outdoor Southern California living. In this community, residents have access to tennis courts, two gated entrances and amazing nearby parks. Additionally, the home is situated within the award-winning LVUSD, and is also close to a variety of dining and shopping experiences, Malibu Canyon, and freeway access, all adding convenience and entertainment to your lifestyle.

Last Agent to Sell the Property

Erica Fields

Compass License #01333446 Listed on: 11/07/2023

Compass

Last Buyer's Agent

Erica Fields

Compass License #01333446 Listed on: 11/07/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,620

Year Built

  • Built in 1990

Lot Details

  • 0.49 Acre Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LCA21*

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 6,198 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Sauna
  • Home Gym
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting

Schools

  • Round Meadow Elementary School
  • A.E. Wright Middle School
  • Calabasas High School

Additional Features

  • Property is near a park
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 299
  • Tax Tract Number 39509
  • Assessor Parcel Number 2049039061

Community Details

Overview

  • Mountain View Estates Association, Phone Number (805) 413-1170
  • Emmons HOA
  • Mountainous Community

Recreation

  • Tennis Courts
  • Hiking Trails

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,620

Year Built

Built in 1990

Lot Details

0

HOA Fees

$575 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard
  • Subdivision Name Other: Mountain View Estates
  • View: Yes
  • Zoning: LCA21*
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2049039061
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6198.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Recessed Lighting, Stone Counters, Two Story Ceilings, Wet Bar
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 564.70
  • Room Type: Dressing Area, Exercise Room, Family Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Sauna, Separate Family Room, Walk-In Closet
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Granite Counters, Main Floor Full Bath, Privacy Toilet Door, Separate Tub And Shower, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Mountain(s), Neighborhood
  • Patio And Porch Features: Covered
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Guard, Security, Controlled Access
  • Association Fee: 575.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountain View Estates
  • Phone: 805-413-1170
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Hiking, Mountainous, Sidewalks, Street Lights
  • Association Management: Emmons

Schools

  • School District: Las Virgenes
  • Elementary School: Round Meadow
  • Middle School: A.E. Wright
  • High School: Calabasas
  • Elementary School: Round Meadow
  • High School: Calabasas
  • Middle Or Junior School: A.E. Wright
  • Elementary School #2: ROUMEA
  • High School2: CALABA2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Lot 20000-39999 Sqft, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 21402.00
  • Lot Size Acres: 0.4913

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21402.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8002.06
  • Tax Lot: 299
  • Tax Tract Number: 39509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Dec 27, 2023
Sold by
Kargman Adam and Evan-Kargman Elana
Bought by
Wellesley Drive Trust and Morton
Seller's Agent
Erica Fields
Compass
Buyer's Agent
Erica Fields
Compass
List Price
$3,795,000
Sold Price
$3,500,000
Premium/Discount to List
-$295,000
-7.77%
Views
298
Current Estimated Value
$3,852,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,917
Avg. Annual Appreciation
7.02%
Original Mortgage
$2,800,000
Outstanding Balance
$2,753,588
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,129,398

Purchase Details

Listed on
May 7, 2019
Closed on
Sep 4, 2019
Sold by
Anwar Muhammad and Anwar Safa
Bought by
Kargman Adam and Kargman Evan Elana
Seller's Agent
Barbara Alpert
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$2,485,000
Sold Price
$2,250,000
Premium/Discount to List
-$235,000
-9.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$1,350,000
Interest Rate
3.5%

Purchase Details

Closed on
Nov 28, 2005
Sold by
Elzayn Haytham and Elzayn Jumana T
Bought by
Anwar Muhammad and Anwar Safa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2003
Sold by
Flier Dennis S and Flier Carol
Bought by
Elzayn Haytham and Elzayn Jumana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 1998
Sold by
Flier Dennis S and Flier Carol
Bought by
Flier Dennis S and Flier Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$771,000
Interest Rate
6.79%

Purchase Details

Closed on
Jan 21, 1998
Sold by
Flier Dennis S and Flier Carol
Bought by
Flier Dennis S and Flier Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 1997
Sold by
Samuels William A
Bought by
Gancman Alvaro
Source: Public Records

Range of Values:

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Average Value
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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
Wellesley Drive Trust $3,500,000 Lawyers Title Company
Kargman Adam $2,250,000 Equity Title Los Angeles
Anwar Muhammad $2,550,000 California Title Company
Elzayn Haytham $1,740,000 Equity Title Company
Flier Dennis S -- Gateway Title
Flier Dennis S -- Gateway Title
Flier Dennis S -- --
Gancman Alvaro $124,909 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellesley Drive Trust $2,800,000
Previous Owner Kargman Adam $1,307,469
Previous Owner Kargman Adam $1,322,971
Previous Owner Kargman Adam $1,350,000
Previous Owner Anwar Muhammad $1,259,000
Previous Owner Anwar Muhammad $1,410,500
Previous Owner Anwar Muhammad $250,000
Previous Owner Anwar Muhammad $2,000,000
Previous Owner Flier Dennis S $500,000
Previous Owner Elzayn Haytham $1,312,500
Previous Owner Flier Dennis S $250,000
Previous Owner Flier Dennis S $771,000
Previous Owner Flier Dennis S $775,000
Closed Elzayn Haytham $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $3,500,000 -7.8% $565 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $3,795,000 +68.7% $612 / Sq Ft
10/25/2019 10/25/19 Sold $2,250,000 -9.5% $363 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $2,485,000 -- $401 / 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 $27,620 $3,570,000 $1,937,694 $1,632,306
2024 $27,620 $2,412,450 $1,567,557 $844,893
2023 $27,115 $2,365,148 $1,536,821 $828,327
2022 $26,276 $2,318,774 $1,506,688 $812,086
2021 $26,232 $2,273,309 $1,477,146 $796,163
2019 $25,769 $2,264,000 $1,159,000 $1,105,000
2018 $26,081 $2,264,000 $1,159,000 $1,105,000
2016 $25,692 $2,264,000 $1,159,000 $1,105,000
2015 $25,626 $2,264,000 $1,159,000 $1,105,000
2014 $24,244 $2,129,000 $1,090,000 $1,039,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23200056

California Regional Multiple Listing Service (CRMLS)

APN: 2049-039-061