NOT LISTED FOR SALE

Estimated Value: $5,113,000 - $5,694,000

5 Beds
5 Baths
6,082 Sq Ft
$879/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $4,700,000 $773 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $31,483/month

127 Days on Market

Highlights

  • Attached Guest House
  • Barn or Stable
  • Home Theater
  • Lupin Hill Elementary Rated A
  • Horses Allowed On Property
  • Heated In Ground Pool

About This Home

As of April 2021

Breathtaking Monte Nido Luxury Ranch, a serene and private +/- 5 acre oasis minutes from the city. The park-like grounds include an ancient oak grove, open pasture, 2 arenas, 7 stalls, and a well equipped horse barn. This gorgeous Spanish Estate features 6bd/6ba, approx. 6100 sq ft of newly remodeled living space with a chef's kitchen complete with Viking & Sub Zero appliances, home theatre, private office w/ dramatic views, vaulted ceiling family room w/ an impressive wood burning fireplace that opens to a wrap around veranda which overlooks the pool area & horse arena. Separate caretakers apt. Entertain in the inviting outdoor living area w/ a beautiful hacienda style fireplace and BBQ center overlooking the magical oaks as you listen to frogs and crickets from the seasonal stream. Enjoy the trail system of the surrounding SM mountains just outside your front door. Fruit trees, vegetable gardens, majestic mountain views ~ all in the total privacy of your fenced estate.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 10/05/2020

Last Buyer's Agent

Kaitlin Yazdanyar

License #01969859

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,282

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 4.46 Acre Lot
  • Lot Dimensions are 621x242
  • Wrought Iron Fence
  • Wood Fence
  • Sprinklers Throughout Yard
  • Property is zoned LCA11*

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Garage Apartment
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • RV Access or Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Plaster Walls
  • Spanish Tile Roof
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,082 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Track Lighting
  • Wood Burning Fireplace
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Library
  • Workshop
  • Craft Room
  • Utility Room
  • Laundry in unit
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Gas Cooktop
  • Dishwasher
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Studio bedroom
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms
  • Spa Bath

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Stables

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Septic Tank
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Attached Guest House
  • Barn or Stable

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 4456-035-066

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,282

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Advertising Remarks: Breathtaking Monte Nido Luxury Ranch, a serene and private +/- 5 acre oasis minutes from the city. The park-like grounds include an ancient oak grove, open pasture, 2 arenas, 7 stalls, and a 60 year-old barn. This gorgeous Spanish Estate features 6bd/6ba, approx. 6100 sq ft of newly remodeled living space with a chef's kitchen complete with Viking & Sub Zero appliances, home theatre, private office w/ dramatic views, vaulted ceiling family room w/ an impressive wood burning fireplace that opens to a wrap around veranda which overlooks the pool area & horse arena. Separate caretakers apt. Entertain in the inviting outdoor living area w/ a beautiful hacienda style fireplace and BBQ center overlooking the magical oaks as you listen to frogs and crickets from the seasonal stream. Enjoy the trail system of the surrounding SM mountains just outside your front door. Fruit trees, vegetable gardens, majestic mountain views ~ all in the total privacy of your fenced estate.
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 6082
  • Lot Acreage: 4.4568
  • Lot Dimensions: 621x242
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1972
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Track Lighting, High Ceilings (9 Feet+), Open Floor Plan, Plaster Walls
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Wood Burning
  • Flooring: Wood, Hardwood, Carpet
  • Appliances: Cooktop - Gas, Gas/Electric Range, Oven
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Main Floor Bedroom, Master Retreat
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen
  • Kitchen Features: Stone Counters
  • Laundry: In Unit
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Barbeque, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Price Per S Q F T: 804.83

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: Barbecue Private, French Doors, Sprinkler System, Rain Gutters, Custom Built
  • Other Structures: Barn/Stable, GuestHouse, Stall(s), Barn(s), Accessory Dwelling Unit, Accessory Bldgs
  • Tennis Court Y/N: No
  • Fence: Wrought Iron, Wood
  • Guest House: Attached
  • Patio: Patio Open, Rock/Stone, Porch - Front, Porch - Rear
  • Pool Description: Fenced, In Ground, Heated, Heated with Gas, Private
  • Pool: Yes
  • Roof: Spanish Tile, Tile
  • Spa: Bath Tub, Hot Tub, Private, In Ground
  • Spa Yn: Yes
  • View: Mountains, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 6
  • Covered Parking: 2
  • Parking Garage: Door Opener, Attached, Driveway, Garage, Garage - 2 Car, Garage Is Attached, Parking for Guests, RV Access
  • Total Parking: 6

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater, Gas
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Smoke Detector
  • Sewer: Septic Tank, In Street, On Site
  • Water: District, Fire Hydrant, In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System, Sprinkler Timer, Rear, Side, Front
  • Horses: Yes
  • Assessor Parcel Number: 4456-035-066
  • Lot Description: 2-4 Lots
  • Lot Location: Greenbelt
  • Lot Size Area: 194142

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Mar 18, 2021
Sold by
Marshall Herskovitz Trust and The Marshall Herskovitz Trust
Bought by
Mosapor Living Trust and Mosapor
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Kaitlin Yazdanyar
List Price
$5,995,000
Sold Price
$4,700,000
Premium/Discount to List
-$1,295,000
-21.6%
Current Estimated Value
$5,346,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,888
Avg. Annual Appreciation
2.91%
Original Mortgage
$2,795,000
Outstanding Balance
$2,509,746
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,837,143

Purchase Details

Closed on
Jun 26, 2009
Sold by
Pope Gary W and Pope Nancy J
Bought by
Herskovitz Marshall and Marshall Herskovitz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Pope Gary W and Pope Nancy J
Bought by
Pope Gary W

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
6.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mosapor Living Trust $4,700,000 Fidelity National Title
Herskovitz Marshall $4,100,000 Equity Title Los Angeles
Pope Gary W -- United Title Company-La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosapor Living Trust $2,795,000
Previous Owner Herskovitz Marshall $1,999,999
Previous Owner Pope Gary W $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $4,700,000 -4.0% $773 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $4,895,000 -2.0% $805 / Sq Ft
11/23/2020 11/23/20 Price Changed $4,995,000 -9.2% $821 / Sq Ft
10/29/2020 10/29/20 Price Changed $5,500,000 -8.3% $904 / Sq Ft
10/05/2020 10/05/20 For Sale $5,995,000 -- $986 / Sq Ft
Source: The MLS

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 $36,282 $3,247,294 $1,731,890 $1,515,404
2024 $36,282 $3,183,623 $1,697,932 $1,485,691
2023 $35,481 $3,121,200 $1,664,640 $1,456,560
2022 $34,415 $3,060,000 $1,632,000 $1,428,000
2021 $34,614 $3,021,758 $2,685,849 $335,909
2020 $34,146 $2,990,774 $2,658,309 $332,465
2019 $33,360 $2,932,133 $2,606,186 $325,947
2018 $33,078 $2,874,641 $2,555,085 $319,556
2016 $31,364 $2,763,018 $2,455,869 $307,149
2015 $30,822 $2,721,516 $2,418,980 $302,536
2014 $30,405 $2,668,206 $2,371,596 $296,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-635648

The MLS

APN: 4456-035-066