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1523 Sycamore Canyon Drive

1523 Sycamore Canyon Drive, Westlake Village, CA 91361
Property in Westlake Village
Sold Jun 18, 2007
$2,000,000
$1,056,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2049
Sold Dec 22, 2003
$1,120,000
$840,000 by Indymac Bank Fsb
Mortgage Due Jan 01, 2034
1523 Sycamore Canyon Drive has been categorized by the local assessors in Westlake Village, CA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 5 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. In addition, 1523 Sycamore Canyon Drive has 4,602 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,134 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 1523 Sycamore Canyon Drive sold most recently in May 21, 2007 for a total of $2,000,000. If you work out the math, that's approximately a cost of $434.59 per sqft. Before that, the property was also sold for $1,120,000 in Jun 25, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,390 in taxes each year. 1523 Sycamore Canyon Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,400,000. If we break it down further, the land itself was valued at $1,371,000. Improvements to the property, however, were assessed at a total of $1,029,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2003
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,134
  • Total Building Area: 4,602
  • Building Area: 4,602
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,602
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 47962-02
  • Land Acres: 0.439
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=47962-02 FOR DESC SEE ASSESSORS MAPS POR OF LOTS 44,45 AND 53

Ownership

  • Current Owner : BORELLI FRANK P
  • Current Owner 2: BORELLI JODI R
  • Previous Owner : BELSON ROY J
  • Previous Owner 2: BELSON DENISE
  • Owner Before Previous Owner: WESTLAKE DECKER ASSOCIATES LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Las Virgenes Unified School District
  • Census Tract: 800335

Zoning

  • Zoning: WV RPD56*

Geography

  • Subdivision Tract Number: 47962-02
  • Parcel: 2059-052-079
  • Lot: 44-45
  • Municipality: NORTH /WESTLKE VILLAGE
  • Latitude: 34.1268
  • Longitude: -118.856

    Address

  • Full Address: 1523 Sycamore Canyon Dr
  • Address - House Number: 1523
  • Address - Street Name: Sycamore Canyon
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Westlake Village
  • Carrier Code: R001
  • 4-Digit Zip Code: 5590
  • Zip Code: 91361

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,390
  • Tax Rate Code Area: 05-979

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 2,848,496
  • High Value: 3,485,791
  • Low Value: 2,211,201

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $3,168,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 28, 2018
  • First Open Lien Mortgage Loan Amount: $1,056,000
  • 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: Jan 01, 2049
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 28, 2021
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $1,056,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2051
  • Third Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Third Open Lien Mortgage Recording Date: May 27, 2022
  • Third Open Lien Mortgage Financing Type: Adjustable Rate
  • Third Open Lien Mortgage Loan Amount: $1,056,000
  • Third Open Lien Mortgage Term: 344
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,400,000
  • Assessed Land Value: $1,371,000
  • Assessed Improvements Value: $1,029,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2007
  • Current Sale Recording Date: Jun 18, 2007
  • Current Sale Transaction ID: 1029263864
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1462376
  • Previous Sale Recording Date: Dec 22, 2003
  • Previous Sale Contract Date: Jun 25, 2003
  • Previous Sale Amount: $1,120,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Jun 18, 2007
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Dec 22, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $840,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2034

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1523 Sycamore Canyon Drive located in?
The 1523 Sycamore Canyon Drive is a located in the neighborhood of Westlake Village in Westlake Village, Westlake Village.
What is the average sales price for listings in 1523 Sycamore Canyon Drive?
The average sales price for units in 1523 Sycamore Canyon Drive is $0 currently.

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