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24951 Palmilla Drive

24951 Palmilla Drive, Calabasas, CA 91302
Sold Oct 29, 2021
$3,050,000
$2,050,000 by Homebridge Financial Services
Mortgage Due Nov 01, 2051
Sold May 15, 2003
$1,300,500
$1,000,000 by Americas Wholesale Lender
Mortgage Due Jun 01, 2033
24951 Palmilla Drive in Calabasas, CA was first built in 1998 and is 26 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 24951 Palmilla Drive has 4,732 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 18,112 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 24951 Palmilla Drive was last sold in Oct 19, 2021 for $3,050,000. According to our calculations, that's $644.55 per sqft. Prior to that sales transaction, the property was sold for $1,300,500 in Mar 28, 2003. Current property owners are expected to pay $35,296 in taxes per year. The property on 24951 Palmilla Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,111,000. To break that down further, the land itself was valued at $1,882,410. While improvements to the property were assessed at a total of $1,228,590. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,112
  • Total Building Area: 4,732
  • Building Area: 4,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 35396
  • Land Acres: 0.416
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: TR=35396 LOT 19

Ownership

  • Current Owner : CALDWELL NANCY
  • Previous Owner : WAYNE ERIC J
  • Previous Owner 2: WAYNE LISA M
  • Owner Before Previous Owner: CHEUNG HOI YIN
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Las Virgenes Unified School District
  • Census Tract: 800204

Zoning

  • Zoning: CSRS*

Geography

  • Assessors Map Reference: 100-C4
  • Subdivision Tract Number: 35396
  • Parcel: 2069-059-019
  • Lot: 19
  • Municipality: NORTH /CALABASAS PARK
  • Latitude: 34.1414
  • Longitude: -118.665

    Address

  • Full Address: 24951 Palmilla Dr
  • Address - House Number: 24951
  • Address - Street Name: Palmilla
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Calabasas
  • Carrier Code: C010
  • 4-Digit Zip Code: 3053
  • Zip Code: 91302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,296
  • Tax Rate Code Area: 10-969

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,045,163
  • High Value: 3,721,216
  • Low Value: 2,369,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,050,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $2,050,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,111,000
  • Assessed Land Value: $1,882,410
  • Assessed Improvements Value: $1,228,590

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11862066153
  • Current Sale Price: $3,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1630270
  • Previous Sale Recording Date: May 15, 2003
  • Previous Sale Contract Date: Mar 28, 2003
  • Previous Sale Amount: $1,300,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $2,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: May 15, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2033

About Calabasas Park Estates



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$16,250 /mo

  • 4 Beds
  • 5 Baths
  • 4,611 ft²
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Frequently Asked Questions

What neighborhood is 24951 Palmilla Drive located in?
The 24951 Palmilla Drive is a located in the neighborhood of Calabasas Park Estates in Calabasas Park Estates, Calabasas.
What is the average sales price for listings in 24951 Palmilla Drive?
The average sales price for units in 24951 Palmilla Drive is $0 currently.

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