NOT LISTED FOR SALE

Estimated Value: $2,972,000 - $3,099,000

5 Beds
4 Baths
3,232 Sq Ft
$941/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $3,141,250 $972 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $19,472/month

10 Days on Market

Highlights

  • Ocean View
  • Engineered Wood Flooring
  • Walk-In Pantry
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • 3 Car Direct Access Garage

About This Home

As of March 2024

Gorgeous family home on 10,447 square foot corner lot with sweeping mountain and ocean views. Ideally located on prime upper Calle Jermaine, drive into your extended driveway where your three car garage awaits. Enter through the front door and pause to take in the dramatic soaring ceilings with cathedral windows that showcase the spectacular views beyond your own palm trees, cherry blossom and fruit trees. Step down to your spacious formal living room with fireplace and continue to the dining room with French doors that open to a beautifully landscaped lawn and garden. Turn into the chef's kitchen, which has been remodeled and features top-of-the-line appliances, a walk-in pantry, stunning marbled counter tops, and room for a farm table and chairs. Another set of French doors open onto a stunning patio and stairs to a private deck and chaise lounge provide the ultimate escape. Enjoy family time in the adjacent great room with fireplace and media wall, and plenty of space for everyone. One en-suite bedroom and bath and a laundry room with sink complete the first floor. As you ascend the grand staircase, soak in the unobstructed southern facing light, which also pours into every upstairs bedroom. Peek into the first one, currently being used as an office, and note the striking corner views. Continue to the oversized primary bedroom suite which includes a sitting area, fireplace, large bathroom with soaking tub, large walk-in closet, and of course the uninterrupted vistas. Stroll down the hall to the another generous en-suite bedroom and bath and a final bedroom with vaulted ceilings and separate bathroom in the hallway. As you take in the quiet luxury of this 3232 square foot home, imagine the memories you'll create, surrounded by the quintessential California lifestyle. Property includes membership to the highly desirable Summit Club with pool, spa, tennis courts, gym, basketball courts playground, recreation room, and dog park.

Last Listed By

Simon Beardmore

Sotheby's International Realty License #01321605 Listed on: 02/27/2024

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,184

Year Built

  • Built in 1995

Lot Details

  • 10,447 Sq Ft Lot
  • South Facing Home
  • Property is zoned LAR1

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Driveway

Property Views

  • Ocean
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,232 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4431-037-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,184

Year Built

Built in 1995

Lot Details

0

HOA Fees

$433 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3232
  • Lot Acreage: 0.2398
  • Year Built: 1995
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Family Room, Master Bedroom
  • Flooring: Engineered Hardwood, Ceramic Tile
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room, In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 895.73

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Direct Entrance, Driveway, Built-In Storage
  • Total Parking: 8

Utilities

  • Cooling: Central, Dual
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Quarterly
  • HOA Fees: 400.00
  • HOA Fees: 100.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4431-037-015
  • Lot Size Area: 10447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 12, 2024
Sold by
Darrow Revocable Family Trust
Bought by
Otte Derek Christopher and Otte Chantel Marie
Seller's Agent
Simon Beardmore
Sotheby's International Realty
Buyer's Agent
Emma Russell
Pardee Properties
List Price
$2,895,000
Sold Price
$3,141,250
Premium/Discount to List
$246,250
8.51%
Total Days on Market
10
Views
53
Current Estimated Value
$3,041,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,204
Avg. Annual Appreciation
-2.93%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Obrien Brett and Obrien Karen Murphy
Bought by
Darrow Marc and Darrow Michelle Terese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,183,125
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2004
Sold by
Obrien Brett and Obrien Karen Murphy
Bought by
Obrien Brett and Obrien Karen Murphy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2003
Sold by
Obrien Brett and Obrien Karen Murphy
Bought by
Obrien Brett and Obrien Karen Murphy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2002
Sold by
Obrien Brett and Obrien Karen Murphy
Bought by
Obrien Brett and Obrien Karen Murphy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
5.62%

Purchase Details

Closed on
May 7, 1999
Sold by
Obrien Brett B and Obrien Karen Murphy
Bought by
Obrien Brett and Obrien Karen Murphy

Purchase Details

Closed on
Feb 7, 1997
Sold by
Ackerman Jason and Ackerman Elyssa
Bought by
Obrien Brett B and Obrien Karen Murphy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
7.62%

Purchase Details

Closed on
Jun 16, 1995
Sold by
Polygon Seagall Associates
Bought by
Ackerman Jason and Ackerman Elyssa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
7.12%

Purchase Details

Closed on
Dec 2, 1994
Sold by
Polygon Communities Inc
Bought by
Polygon Seacall Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
8.9%
Mortgage Type
Construction

Range of Values:

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Average Value
Not Available
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
Otte Derek Christopher $3,141,500 Lawyers Title
Darrow Marc $1,633,500 Equity Title Company
Obrien Brett -- --
Obrien Brett -- North American Title Co
Obrien Brett -- North American Title Co
Obrien Brett -- North American Title Co
Obrien Brett -- --
Obrien Brett -- North American Title Co
Obrien Brett -- --
Obrien Brett B $860,000 Equity Title Company
Ackerman Jason $820,409 First American Title Co
Polygon Seacall Associates -- Fidelity Natl Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otte Derek Christopher $340,500
Open Otte Derek $1,800,000
Previous Owner Darrow Marc $1,023,000
Previous Owner Darrow Marc $1,100,000
Previous Owner Darrow Marc $1,100,000
Previous Owner Darrow Marc $1,080,000
Previous Owner Darrow Marc $1,183,125
Previous Owner Obrien Brett $780,000
Previous Owner Obrien Brett $730,000
Previous Owner Obrien Brett $730,000
Previous Owner Obrien Brett $100,000
Previous Owner Obrien Brett B $688,000
Previous Owner Ackerman Jason $656,250
Previous Owner Polygon Seacall Associates $3,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $3,141,250 +8.5% $972 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $2,895,000 -- $896 / 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 $25,184 $2,051,255 $1,096,659 $954,596
2023 $24,692 $2,011,035 $1,075,156 $935,879
2022 $23,536 $1,971,604 $1,054,075 $917,529
2021 $23,237 $1,932,946 $1,033,407 $899,539
2019 $22,533 $1,875,615 $1,002,756 $872,859
2018 $22,428 $1,838,840 $983,095 $855,745
2016 $21,444 $1,767,437 $944,921 $822,516
2015 $21,129 $1,740,890 $930,728 $810,162
2014 $21,188 $1,706,790 $912,497 $794,293
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-362539

The MLS

APN: 4431-037-015