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4588 Cielo Circle

4588 Cielo Circle, Calabasas, CA 91302
Property in The Colony
Sold Jul 21, 2011
$820,000
$528,000 by Usc Cu
Mortgage Due Apr 01, 2043
Sold Jul 20, 2006
$1,181,000
$871,000 by First Capital Mortgage
Mortgage Due Aug 01, 2036
Local assessors in Calabasas, CA have categorized 4588 Cielo Circle as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 47,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 4588 Cielo Circle has a total of 2,882 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4588 Cielo Circle sold most recently in Jun 21, 2011 for a total of $820,000. If you work out the math, that's approximately a cost of $284.52 per sqft. Before that, the property was also sold for $1,181,000 in Jul 12, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $11,556 in taxes each year. 4588 Cielo Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,029,650. If we break it down further, the land itself was valued at $522,667. Improvements to the property, however, were assessed at a total of $506,983. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 47,500
  • Total Building Area: 2,882
  • Building Area: 2,882
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,882
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONY AT CALABASAS
  • Land Acres: 1.091
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=53534 POR LOT 1 PH 3 CONDO UNIT 19 (AIRSPACE AND 1/10 INT IN COMMON AREA)

Ownership

  • Current Owner : HONG MICHAEL M
  • Current Owner 2: HONG KATHLEEN M
  • Previous Owner : LEE ROBERT
  • Previous Owner 2: LEE GRACE
  • Owner Before Previous Owner: SHEA HOMES LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Las Virgenes Unified School District
  • Census Tract: 800202

Zoning

  • Zoning: LCRA1-A21*

Geography

  • Subdivision Tract Number: 53534
  • Parcel: 2069-020-046
  • Lot: 1
  • Municipality: NORTH /AGOURA/WESTLAKE
  • Latitude: 34.1409
  • Longitude: -118.698

    Address

  • Full Address: 4588 Cielo Cir
  • Address - House Number: 4588
  • Address - Street Name: Cielo
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Calabasas
  • Carrier Code: R003
  • 4-Digit Zip Code: 3832
  • Zip Code: 91302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,556
  • Tax Rate Code Area: 15-390

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,450,928
  • High Value: 1,782,259
  • Low Value: 1,119,598

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,322,900
  • First Open Lien Mortgage Lender: USC CU
  • First Open Lien Mortgage Recording Date: Mar 15, 2013
  • First Open Lien Mortgage Loan Amount: $528,000
  • 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: Apr 01, 2043
  • Second Open Lien Mortgage Lender: FREMONT BANK
  • Second Open Lien Mortgage Recording Date: Jan 21, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE LLC
  • Third Open Lien Mortgage Recording Date: Feb 10, 2022
  • Third Open Lien Mortgage Loan Amount: $544,900
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,029,650
  • Assessed Land Value: $522,667
  • Assessed Improvements Value: $506,983

    Sales

  • Current Sale Contract Date: Jun 21, 2011
  • Current Sale Recording Date: Jul 21, 2011
  • Current Sale Transaction ID: 1029297025
  • Current Sale Price: $820,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-0973703
  • Previous Sale Recording Date: Jul 20, 2006
  • Previous Sale Contract Date: Jul 12, 2006
  • Previous Sale Amount: $1,181,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CLEARPOINT FUNDING INC
  • First Mortgage Transaction Date: Jul 21, 2011
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CAPITAL MORTGAGE
  • Previous Mortgage Transaction Date: Jul 20, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $871,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About The Colony



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Frequently Asked Questions

What neighborhood is 4588 Cielo Circle located in?
The 4588 Cielo Circle is a located in the neighborhood of The Colony in The Colony, Calabasas.
What is the average sales price for listings in 4588 Cielo Circle?
The average sales price for units in 4588 Cielo Circle is $0 currently.

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