NOT LISTED FOR SALE

11768 Ellice St Malibu, CA 90265

Estimated Value: $4,074,000 - $15,860,082

5 Beds
7 Baths
7,088 Sq Ft
$1,406/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $13,500,000 $1,905 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $68,289/month

558 Days on Market

Highlights

  • White Water Ocean Views
  • Horses Allowed On Property
  • Projection Room
  • Adolfo Camarillo High School Rated A-
  • Wine Cellar
  • In Ground Pool

About This Home

As of September 2014

The Spanish Estate is indoor/outdoor living at its finest. Brand-new, contemporary, fully-furnished, single-story, oceanfront bluff top Barry Berkus, A.I.A., masterpiece located in the award winning, 80-acre MariSol Malibu community.Twin master suites w/ sunrise & sunset views; 60' great room w/ 16' ceilings; 50' infinity edge pool w/ separate spa; 2,500 sq.ft. covered courtyard w/ outdoor furniture, T.V., bathroom & BBQ center; 4,000 sq.ft. bluff top "beach"; Crestron/Lutron electronic system; theatre, office, gym, wine room, 2 wet bars & formal dining room; 5 fireplaces; limestone & oak flooring & oak ceilings; parking for 10 cars including 3 garaged w/ lift space; security system & video cams; stone perimeter walls; exquisitely landscaped w/ mature palms, specimen cactus, rare succulents & ferns in lit gardens w/ fountains, patios & seating areas; all items warrantied for 5 years & construction defects for 10 years; free maintenance of pool, grounds and surfaces for 5 years.

Last Agent to Sell the Property

Rodrigo Iglesias

Hilton & Hyland License #00994039 Listed on: 02/27/2013

Hilton & Hyland

Last Buyer's Agent

Krista Dabbas

Keller Williams Los Angeles License #01912439

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Property is zoned C-R

Property Views

  • White Water Ocean
  • Mountain

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 7,088 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Projection Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Lanai
  • Outdoor Grill

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 700-0-260-085

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 7088
  • Lot Acreage: 1.0000
  • Lot Dimensions: A.1.0015
  • Planned Urban Dev: 1
  • Stories: 1
  • Year Built: 2013
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Gas, Living Room, Master Bedroom, Patio
  • Flooring: Stone, Tile, Wood
  • Bedrooms: 5
  • Fireplaces: 5
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2243.23

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Roof: Tile
  • Spa: Private
  • Spa Yn: Yes
  • View: Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Door Opener, Garage

Utilities

  • Cooling: Multi/Zone
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated, Owned

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 576.00

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 700-0-260-085
  • Geocode Override: No
  • Lot Size Area: 43627

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2017
Sold by
Mse Ellice Llc
Bought by
Weinholtz Donna G and Donna G Weinholtz Revocable Trust
Current Estimated Value
$9,967,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,510,000
Outstanding Balance
$7,523,497
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,443,545

Purchase Details

Closed on
Apr 20, 2015
Sold by
Djpiii Llc
Bought by
Mse Ellice Llc

Purchase Details

Listed on
Feb 27, 2013
Closed on
Sep 12, 2014
Sold by
Crown Pointe Estates At Malibu Llc
Bought by
Djpiii Llc
Seller's Agent
Rodrigo Iglesias
Hilton & Hyland
Buyer's Agent
Krista Dabbas
Keller Williams Los Angeles
List Price
$15,900,000
Sold Price
$13,500,000
Premium/Discount to List
-$2,400,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.64%

Purchase Details

Closed on
Oct 27, 2004
Sold by
Mahfar Abraham and Mahfar Abe
Bought by
Crown Pointe Estates At Malibu Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Weinholtz Donna G $15,850,000 Chicago Title Company
Mse Ellice Llc -- Chicago Title Co
Djpiii Llc $13,000,000 Chicago Title Company
Crown Pointe Estates At Malibu Llc $875,000 Chicago Title Co
Crown Pointe Estates At Malibu Llc $875,000 Chicago Title Co
Crown Pointe Estates At Malibu Llc $1,908,000 Chicago Title Co
Crown Pointe Estates At Malibu Llc $2,168,000 Chicago Title Co
Crown Pointe Estates At Malibu Llc $2,611,000 Chicago Title Co
Crown Pointe Estates At Malibu Llc $1,188,000 Chicago Title Co
Crown Pointe Estates At Malibu Llc $1,047,000 Chicago Title Co
Werb Neil -- Chicago Title Co
Crown Pointe Estates At Malibu Llc $771,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinholtz Donna G $9,510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $13,500,000 -15.1% $1,905 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $15,900,000 +17.8% $2,243 / Sq Ft
12/01/2013 12/01/13 Off Market $13,500,000 -- --
11/21/2013 11/21/13 Price Changed $15,900,000 -5.9% $2,243 / Sq Ft
06/19/2013 06/19/13 For Sale $16,900,000 0.0% $2,384 / Sq Ft
06/19/2013 06/19/13 Price Changed $16,900,000 +6.3% $2,384 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $15,900,000 -- $2,243 / 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
2025 $194,067 $18,395,283 $11,957,516 $6,437,767
2024 $194,067 $18,034,592 $11,723,055 $6,311,537
2023 $198,638 $17,680,973 $11,493,191 $6,187,782
2022 $189,145 $17,334,288 $11,267,835 $6,066,453
2021 $186,021 $16,994,400 $11,046,897 $5,947,503
2020 $188,016 $16,820,144 $10,933,625 $5,886,519
2019 $182,269 $16,490,339 $10,719,241 $5,771,098
2018 $179,584 $16,167,000 $10,509,060 $5,657,940
2017 $147,698 $13,462,215 $10,769,772 $2,692,443
2016 $143,337 $13,198,250 $10,558,600 $2,639,650
2015 $142,783 $13,000,000 $10,400,000 $2,600,000
2014 -- $3,590,318 $1,380,633 $2,209,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-654481

The MLS

APN: 700-0-260-085