NOT LISTED FOR SALE

Estimated Value: $7,229,000 - $8,617,444

7 Beds
7.5 Baths
8,104 Sq Ft
$991/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $6,000,000 $740 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $51,989/month

250 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Heated In Ground Pool
  • Wine Cellar
  • Home Theater
  • 43,995 Sq Ft lot

About This Home

As of November 2020

This sun-filled home is located in the exclusive Ridgeview Country Estates, close to the village, yet offers a luxury lifestyle with the security of a gated community. A spacious entry leads to an exquisite living room with an outdoor balcony & large formal dining room. These open rooms provide a great entertainment flow with high ceilings, French doors, and hardwood floors throughout. Large open kitchen and family room open to an inviting backyard with custom built-in bbq for dining outdoors by the pool (dozens of fruit trees and breathless ocean view from the upper sitting area). This delightful home features four en-suite bedrooms, office, and the master upstairs, two on entry-level, and guest suite with kitchenette on the lower level. The bright and spacious master suite has a veranda with views of city lights/partial ocean, spa-like his and her bathrooms, his/her walk-in closets plus a bonus room. Lower level features a wine cellar/tasting room, theatre, suite, and 4+ car garage.

Last Listed By

Nicole Howard

Compass License #01968285 Listed on: 02/13/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,134

Year Built

  • Built in 1997

Lot Details

  • 1.01 Acre Lot
  • Property is zoned LARE40

HOA Fees

  • $660 Monthly HOA Fees

Property Views

  • Ocean
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 8,104 Sq Ft Home
  • 3-Story Property
  • Bar
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Breakfast Area or Nook
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Driveway
  • Automatic Gate

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4420-038-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,134

Year Built

Built in 1997

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Advertising Remarks: This sun-filled home is located in the exclusive Ridgeview Country Estates, close to the village, yet offers a luxury lifestyle with the security of a gated community. A spacious entry leads to an exquisite living room with an outdoor balcony & large formal dining room. These open rooms provide a great entertainment flow with high ceilings, French doors, and hardwood floors throughout. Large open kitchen and family room open to an inviting backyard with custom built-in bbq for dining outdoors by the pool (dozens of fruit trees and breathless ocean view from the upper sitting area). This delightful home features four en-suite bedrooms, office, and the master upstairs, two on entry-level, and guest suite with kitchenette on the lower level. The bright and spacious master suite has a veranda with views of city lights/partial ocean, spa-like his and her bathrooms, his/her walk-in closets plus a bonus room. Lower level features a wine cellar/tasting room, theatre, suite, and 4+ car garage.
  • Living Area: 8104
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1997
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 7
  • Full Bathroom: 7
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Electric Dryer Hookup
  • Price Per S Q F T: 739.76

Exterior Features

  • Other Structures: None
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Covered Parking, Driveway, Garage - 4+ Car, Private

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Guarded

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 660.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4420-038-010
  • Geocode Override: No
  • Lot Size Area: 43995

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2023
Sold by
Julia Breitman Family Trust
Bought by
Julia Nilsen Family Trust and Nilsen
Total Days on Market
250
Current Estimated Value
$8,030,148

Purchase Details

Listed on
Feb 13, 2020
Closed on
Dec 11, 2020
Sold by
Breitman Julia
Bought by
Breitman Julia and The Julia Breitman Family Trus
Seller's Agent
Nicole Howard
Compass
Buyer's Agent
Nicole Howard
Compass
List Price
$7,200,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,200,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$4,413,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2020
Closed on
Oct 22, 2020
Sold by
Breitman Reid and Breitman Julie
Bought by
Breitman Julia
Seller's Agent
Nicole Howard
Compass
Buyer's Agent
Nicole Howard
Compass
List Price
$7,200,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,200,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,413,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2015
Closed on
Nov 25, 2015
Sold by
Melton George R
Bought by
The Breitman Family Trust
Seller's Agent
Mary Lu Tuthill
Coldwell Banker Realty
Buyer's Agent
Nicole Howard
Compass
List Price
$6,195,000
Sold Price
$5,500,000
Premium/Discount to List
-$695,000
-11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$3,575,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2008
Sold by
Melton George R
Bought by
Melton George R and Melton Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 17, 2005
Sold by
Garland William May
Bought by
Melton George R and Melton Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2000
Sold by
Garland William M Iii Tr
Bought by
Garland William May and Garland Kathryne H

Purchase Details

Closed on
Jan 4, 1999
Sold by
Garland William May
Bought by
Garland William M and Garland Kathryne H

Purchase Details

Closed on
Dec 3, 1997
Sold by
Linserath Inc
Bought by
Garland William May and William May Garland Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,120,000
Interest Rate
7.16%

Purchase Details

Closed on
Oct 12, 1995
Sold by
Paquette Carole Ann
Bought by
Linserath Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
8.01%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Paquette Kenneth
Bought by
Paquette Carole Ann

Range of Values:

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Average Value
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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
Julia Nilsen Family Trust -- None Listed On Document
Breitman Julia -- None Available
Breitman Julia -- Fidelity National Title
Breitman Julia -- Fidelity National Title
The Breitman Family Trust $5,500,000 Equity Title Los Angeles
Melton George R -- None Available
Melton George R -- Southland Title Corporation
Garland William May -- --
Garland William M -- First American
Garland William May $2,650,000 Commonwealth Land Title Co
Linserath Inc $600,000 First American Title Co
Paquette Carole Ann -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Julia Nilsen Family Trust $500,000
Previous Owner Breitman Julia $4,413,750
Previous Owner Breitman Reid $3,480,000
Previous Owner Breitman Reid $3,500,000
Previous Owner Breitman Reid $3,500,000
Previous Owner The Breitman Family Trust $3,575,000
Previous Owner Melton George R $2,000,000
Previous Owner Melton George R $2,027,600
Previous Owner Melton George R $500,000
Previous Owner Melton George R $2,000,000
Previous Owner Garland William May $1,668,000
Previous Owner Garland William May $2,120,000
Previous Owner Linserath Inc $915,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $6,000,000 +0.1% $740 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $5,995,000 -14.3% $740 / Sq Ft
05/26/2020 05/26/20 Price Changed $6,995,000 -6.7% $863 / Sq Ft
02/14/2020 02/14/20 Price Changed $7,495,000 +4.1% $925 / Sq Ft
02/13/2020 02/13/20 For Sale $7,200,000 +30.9% $888 / Sq Ft
12/09/2015 12/09/15 Sold $5,500,000 -1.5% $837 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
07/30/2015 07/30/15 Price Changed $5,585,000 -9.8% $850 / Sq Ft
03/02/2015 03/02/15 For Sale $6,195,000 -- $943 / 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
2024 $79,134 $6,523,884 $5,686,869 $837,015
2023 $77,584 $6,395,965 $5,575,362 $820,603
2022 $73,950 $6,270,555 $5,466,042 $804,513
2021 $73,049 $6,147,604 $5,358,865 $788,739
2020 $73,814 $6,084,569 $5,303,917 $780,652
2019 $70,842 $5,965,265 $5,199,919 $765,346
2018 $70,475 $5,848,300 $5,097,960 $750,340
2016 $66,064 $5,500,000 $4,900,000 $600,000
2015 $61,431 $5,117,660 $3,363,450 $1,754,210
2014 $61,605 $5,017,413 $3,297,565 $1,719,848
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 20-550788

The MLS

APN: 4420-038-010