When was property at 5757 Penland Road built and last sold?

The property at 5757 Penland Road was built in 1955 and last sold on Aug 13, 2020 for $4,000,000.

How much is this home worth?

The estimated value of the home located at 5757 Penland Road is $4,230,718.

What are some comparable homes to 5757 Penland Road?

There are currently no comparable homes to 5757 Penland Road.

Hidden Hills

91302

5757 PENLAND RD

1 / 40

Map

$4,726,902*

● House - Off Market

5757 PENLAND RD

HIDDEN HILLS, CA 91302

5 Beds

6 Baths, 1 Half Bath

5280 Sqft

$3,780,000 - $4,620,000

Reference Base Price*

12.55%

Since Nov 1, 2021

National-US

Primary Model

Sold Oct 15, 2020

$4,000,000

Rama James C Rama Jennifer O

Buyer

Lawrence David Nessim Lawrence Faye Lizbeth

Seller

$3,000,000 by Citibank Na

Mortgage Due Nov 01, 2050

Sold Jun 26, 1998

$1,237,500

Lawrence David N Lawrence Faye Greenberg

Buyer

Busching Tony

Seller

$618,700 by Peoples Bank

Mortgage Due Mar 07, 2022

About This Property

Highly sought after Hidden Hills single-story gem. Located on a quiet cul-de-sac, this captivating mid-century is sited on 1.5 acres of lush grounds & offers approx 5280 sq ft of spacious living designed for comfortable daily living & elegant gatherings. Amenities inc multiple warming fireplaces, floor to ceiling bookshelves, gallery art walls & abundance of windows/glass doors thru out. The bedroom wing encompasses 4 bedrms including the relaxing master suite w/fireplace & tranquil views, dual bathrms & walk-in closet. Also featured is a professionally designed music studio w/ vocal booth, & climate-controlled equipment closet. Tranquility awaits you from the moment you step outside. Impressive succulents & colorful gardens, green lawns, citrus trees, inviting swimmers pool, multiple patios & forever views complete this calming sanctuary. Room for guest house and/or barn. Serviced by an award-winning school district, Hidden Hills offers idyllic lifestyle in the heart of LA.

The manager has listed the unit size as 5280 square feet.

Unit Size

5,280Ft²

Days on Market

Land Size

1.57 acres

Price per sqft

$795

Property Type

House

Property Taxes

HOA Dues

Year Built

1955

Price History

Date / Event	Date	Event
Oct 6, 2021	No longer available	-
No longer available
Oct 15, 2020	Sold to James C Rama, Jennifer O Rama	$4,000,000
Sold to James C Rama, Jennifer O Rama
Jul 15, 2020	In contract	-
In contract
May 18, 2020	Listed	$4,200,000
Listed

Property Highlights

Fireplace

Air Conditioning

Garage

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1961
Building Count: 1
Total Rooms: 10
Bedroom Count: 4
Bathroom Count: 6
Full Bathrooms: 6
Partial Bathrooms: 6
Building Condition: Good
Building Quality: D
Construction Type: Masonry
Building Style: Contemporary
Roof Shape Type: Hip
Roof Cover Type: Wood shake/ shingles
Floor Count: 1
Living Units: 1
Basement Area: 0
Parking Space Count: 1
Pool Type: Pool

Dimensions

Lot Size Square Feet: 68,549

Lot Size Depth Feet: 2,850
Lot Size Frontage Feet: 2,260
Total Building Area: 4,684
Building Area: 4,684
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: Central air conditioning
Heating: Central heating
Heated Square Feet: 4,684
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: Municipal

Building

Property Class: Residential

Land Acres: 1.574
Standard Land Use Code: Single family residential
Legal Description 1: RECORD OF SURVEY AS PER BK 65 P 20-21 OF R S LOT/SEC 3

Ownership

Current Owner : RAMA JAMES C

Current Owner 2: RAMA JENNIFER O
Previous Owner : LAWRENCE DAVID NESSIM
Previous Owner 2: LAWRENCE FAYE LIZBETH
Owner Before Previous Owner: BUSCHING TONY
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: Trust
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Las Virgenes Unified School District

Census Tract: 800206

Zoning

Zoning: HHRAS1*

Geography

Assessors Map Reference: 100-E2

Parcel: 2049-015-015
Lot: 3
Municipality: NORTH /HIDDEN HILLS
Latitude: 34.1649
Longitude: -118.652

Address

Full Address: 5757 Penland Rd

Address - House Number: 5757
Address - Street Name: Penland
Address - Suffix Type: Rd
State: CA
City Name: Hidden Hills
Carrier Code: C001
4-Digit Zip Code: 2443
Zip Code: 91302

Valuation

Tax

Tax Year: 2022

Tax Amount: $45,515
Tax Rate Code Area: 05-968

Appraisal Valuation

Standard Deviation: 0.2233

Valuation Date: Jan 10, 2024
Confidence Score: 69
Final Value: 3,573,914
High Value: 4,372,254
Low Value: 2,775,574

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $3,000,000
First Open Lien Mortgage Lender: CITIBANK NA
First Open Lien Mortgage Recording Date: Oct 15, 2020
First Open Lien Mortgage Loan Amount: $3,000,000
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, 2050

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $4,161,600
Assessed Land Value: $3,329,280
Assessed Improvements Value: $832,320

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 13, 2020

Current Sale Recording Date: Oct 15, 2020
Current Sale Transaction ID: 11792847478
Current Sale Price: $4,000,000
Current Sale Document Type: Grant Deed
Current Sale Input Document Number: 20-1279634
Previous Sale Recording Date: Jun 26, 1998
Previous Sale Contract Date: May 18, 1998
Previous Sale Amount: $1,237,500
Previous Sale Document Type: Grant Deed

Last Sale Mortgage

First Mortgage Lender: CITIBANK NA

First Mortgage Transaction Date: Oct 15, 2020
First Mortgage Loan Amount: $3,000,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Nov 01, 2050

Previous Mortgages

Previous Mortgage Lender: PEOPLES BANK

Previous Mortgage Transaction Date: Jun 26, 1998
Previous Mortgage Financing Type: Fixed Rate
Previous Mortgage Loan Amount: $618,700
Previous Mortgage Term: 284
Previous Mortgage Loan Due Date: Mar 07, 2022

Redact Ownership Info

Comparables

24130 Lupin Hill Road

Active

House

5 Beds

5.5 Baths

3,953 ft²

$1,012/ft²

$3,999,000 Jun 6, 2023

$850/mo

About Hidden Hills

Stats & Trends

Median Asking:

$9,872,500

Sale Price/ft²

$1,293

Below Asking

0.04%

Average Days on Market

115

Average Home Size

9114 ft²

Average Home Age

28.4 years

Currently For Sale

8 Listings

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$3,999,000

5 Beds
5.5 Baths
3,953 ft²

24130 Lupin Hill Road, Hidden Hills, CA 91302 Listing by Jim Pascucci

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5757 PENLAND RD

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Hidden Hills

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions