NOT LISTED FOR SALE

Estimated Value: $5,213,000 - $5,972,556

4 Beds
4.5 Baths
5,200 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold May 25, 2015

Last sale price $2,850,000 $548 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $31,686/month

53 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Top Of The World Elementary School Rated A+
  • Open Floorplan
  • Retreat

About This Home

As of May 2015

Style, Space and Quality prevail in this soft contemporary home located above Victoria Beach and the famed Montage Resort. This versatile home with panoramic Coastal views is situated on a corner lot and offers a 4 car garage (2 separate 2 car garages) and ample on site parking. The oversized flat lot offers a large private grassy yard. A gated entry leads you to a dramatic foyer with slate tile and soaring wood ceilings. The inviting floor plan opens to the main living area with a step down living room and dining room with panoramic views. An adjoining family room offers a built in entertainment center. The sunfilled kitchen is a chefs delight with a butlers pantry, work desk, dual appliances, gas range, built in refrigerator, large skylight and spacious dining area. A separate bedroom suite with ocean views is located a few steps away. Off the main level is a bonus room/office with built-ins and an oversized deck with stunning coastal views. The lower level with volume ceilings opens to a large private yard. The sumptous master suite with sitting area and fireplace offers a walk in closet and spacious bath. 2 additional bedrooms, a gym and large secondary family room/game room are also located on this level. An exceptional home, location and value!

Last Agent to Sell the Property

Victoria Strombom

Surterre Properties License #00886773 Listed on: 01/30/2015

Surterre Properties

Last Buyer's Agent

Rick Balzer

Berkshire Hathaway HomeServices California Properties License #00329607

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 10,742 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Split Level Home

Interior Spaces

  • 5,200 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Laundry Room
  • Stone Flooring

Kitchen

  • Open to Family Room
  • Double Convection Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Living Room Balcony

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8705
  • Assessor Parcel Number 65605708

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

10,742 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Portafina (PF)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65605708
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5200.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Granite Counters, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage, Sunken Living Room
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Dining Ell, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Multi/Split
  • Price Per Square Foot: 548.08
  • Room Type: Bonus Room, Entry, Family Room, Foyer, Living Room, Master Bedroom, Master Suite, Walk-In Closet, Retreat, Separate Family Room, Office
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Double Oven, Dishwasher, Microwave, Refrigerator, Trash Compactor, Water Softener
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 10742.00
  • Lot Size Acres: 0.2470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10742.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 8705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 27, 2015
Sold by
Kahn Douglas Gerard and Kahn Carol Janette
Bought by
Malcolm Richard D and Richard D Malcolm Revocable Trust
Seller's Agent
Victoria Strombom
Surterre Properties
Buyer's Agent
Rick Balzer
Berkshire Hathaway HomeServices California Properties
List Price
$2,999,000
Sold Price
$2,850,000
Premium/Discount to List
-$149,000
-4.97%
Current Estimated Value
$5,528,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,678,889
Avg. Annual Appreciation
6.32%
Original Mortgage
$1,000,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2010
Sold by
Kahn Douglas Gerard and Kahn Carol Janette
Bought by
Kahn Douglas Gerard and Kahn Carol Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2006
Sold by
Kahn Douglas G and Kahn Carol J
Bought by
Kahn Douglas Gerard and Kahn Carol Janette

Purchase Details

Closed on
Jan 16, 2003
Sold by
Kahn Douglas G and Kahn Carol J
Bought by
Kahn Douglas Gerard and Kahn Carol Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.97%

Purchase Details

Closed on
Aug 7, 1997
Sold by
Doug Kahn and Doug Carol J
Bought by
Kahn Douglas G and Kahn Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.61%

Purchase Details

Closed on
Dec 30, 1996
Sold by
Doug Kahn and Doug Carol J
Bought by
Kahn Douglas Gerard and Kahn Carol Janette

Purchase Details

Closed on
Jan 20, 1995
Sold by
Kahn Doug and Kahn Carol J
Bought by
Kahn Doug and Kahn Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.25%
Source: Public Records

Range of Values:

--
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
Malcolm Richard D $2,850,000 Chicago Title Company
Kahn Douglas Gerard -- Multiple
Kahn Douglas Gerard -- Multiple
Kahn Douglas Gerard -- None Available
Kahn Douglas Gerard -- Commonwealth Land Title Co
Kahn Douglas G -- Commonwealth Land Title
Kahn Douglas Gerard -- --
Kahn Doug -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malcolm Richard D $1,000,000
Previous Owner Kahn Douglas Gerard $545,000
Previous Owner Kahn Douglas Gerard $600,000
Previous Owner Kahn Douglas G $650,000
Previous Owner Kahn Doug $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2015 05/25/15 Sold $2,850,000 -5.0% $548 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $2,999,000 -- $577 / 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 $35,027 $3,425,271 $2,323,540 $1,101,731
2024 $35,027 $3,358,109 $2,277,980 $1,080,129
2023 $34,520 $3,292,264 $2,233,314 $1,058,950
2022 $33,810 $3,227,710 $2,189,523 $1,038,187
2021 $33,102 $3,164,422 $2,146,591 $1,017,831
2020 $32,695 $3,131,975 $2,124,580 $1,007,395
2019 $32,108 $3,070,564 $2,082,921 $987,643
2018 $31,482 $3,010,357 $2,042,079 $968,278
2017 $30,902 $2,951,331 $2,002,038 $949,293
2016 $30,302 $2,893,462 $1,962,782 $930,680
2015 $11,999 $1,104,207 $386,235 $717,972
2014 -- $1,082,578 $378,670 $703,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15020499

California Regional Multiple Listing Service (CRMLS)

APN: 656-057-08

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