NOT LISTED FOR SALE

Estimated Value: $4,825,850 - $6,063,000

4 Beds
4 Baths
4,425 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $2,522,500 $570 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $31,312/month

470 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • Fireplace in Primary Bedroom
  • Malibu Elementary School Rated A
  • 5.28 Acre Lot
  • Wood Flooring

About This Home

As of June 2013

With an easy drive up Encinal Canyon, this beautifully appointed home features world-class architectural details throughout and is surrounded by spectacular ocean and mountain views on approx 5.28 acres in a peaceful Malibu neighborhood. The front entrance features an enclosed courtyard/outdoor living room with fountain and fireplace. There are spacious living and dining areas, a family room with 16 ft. vaulted barrel ceiling, wet bar and fireplace; spacious chef's kitchen with quality appliances; breakfast room, large office/bedroom with built-ins and a gorgeous ocean view master suite with a wood truss ceiling. There are two additional bedrooms, refrigerated wine cellar, covered patio and sophisticated security system with multiple cameras. A large upstairs bonus area could be a gym, library, guest area, storage area etc. Room for horses, orchards, vineyard or just enjoy the breathtaking setting and serenity. Amazing custom details and quality finishes. Extremely well-priced.

Last Agent to Sell the Property

Ellen Francisco

Coldwell Banker Realty License #00709314 Listed on: 02/06/2012

Coldwell Banker Realty

Last Buyer's Agent

Kim Mac Donald

No Firm Affiliation License #01166310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,656

Year Built

  • Built in 2009

Lot Details

  • 5.28 Acre Lot
  • Property is zoned LCA1

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • Villa

Interior Spaces

  • 4,425 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Library
  • Bonus Room
  • Workshop
  • Utility Room
  • Center Hall
  • Alarm System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Car Direct Access Garage
  • Garage Door Opener
  • Auto Driveway Gate
  • Driveway
  • Guest Parking
  • Controlled Entrance

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Fireplace

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Phone System
  • Cable TV Available

Community Details

  • Billiard Room
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4472-009-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,656

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Living Area: 4425
  • Lot Acreage: 5.2800
  • Stories: 1
  • Year Built: 2009
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Family Room, Gas, Living Room, Master Bedroom, Wood Burning
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 4
  • Fireplaces: 4
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Network Wire, Phone System, Propane Dryer Hookup, Range/Oven, Refrigerator, Trash Compactor, Vented Exhaust Fan, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 604.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Controlled Entrance, Direct Entrance, Door Opener, Driveway, Driveway Gate, Garage, Garage - 3 Car, Garage Is Attached, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 4472-009-027
  • Lot Size Area: 226512

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2012
Closed on
Jun 12, 2013
Sold by
Zimmermann Karl F and Zimmermann Roberleigh
Bought by
Philion James R and Philion Beth R
Seller's Agent
Ellen Francisco
Coldwell Banker Realty
Buyer's Agent
Kim Mac Donald
No Firm Affiliation
List Price
$3,500,000
Sold Price
$2,522,500
Premium/Discount to List
-$977,500
-27.93%
Current Estimated Value
$5,226,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,703,963
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
Nov 9, 2010
Sold by
Zimmermann Karl F and Zimmermann Roberleigh
Bought by
Zimmermann Karl F and Zimmermann Roberleigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,691
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2008
Sold by
Zimmermann Karl F and Zimmermann Roberleigh
Bought by
Zimmermann Karl F and Zimmermann Roberleigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2007
Sold by
Zimmermann Karl F and Zimmermann Roberleigh
Bought by
Zimmerman Karl F and Zimmerman Roberleigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
7.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 3, 2005
Sold by
Zimmermann Karl F and Zimmermann Roberleigh
Bought by
Zimmermann Karl F and Zimmermann Roberleigh

Purchase Details

Closed on
Sep 8, 2003
Sold by
Imhof Karl and Imhof Maximiliane
Bought by
Zimmerman Karl F and Zimmerman Roberleigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 2003
Sold by
Imhof Karl and Imhof Maximiliane
Bought by
Imhof Karl and Imhof Maximiliane
Source: Public Records

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
Philion James R $2,522,500 Equity Title Company
Zimmermann Karl F -- Lawyers Title Company
Zimmermann Karl F -- Equity Title Company
Zimmerman Karl F -- Chicago Title Co
Zimmerman Karl F -- Chicago Title Co
Zimmermann Karl F -- --
Zimmerman Karl F $375,000 Chicago Title Co
Imhof Karl -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zimmermann Karl F $718,691
Previous Owner Zimmermann Karl F $1,755,000
Previous Owner Zimmermann Karl F $1,750,000
Previous Owner Zimmerman Karl F $1,625,000
Previous Owner Zimmerman Karl F $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $2,522,500 -5.7% $570 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
10/29/2012 10/29/12 Price Changed $2,675,000 -10.7% $605 / Sq Ft
08/21/2012 08/21/12 Price Changed $2,995,000 -14.4% $677 / Sq Ft
02/06/2012 02/06/12 For Sale $3,500,000 -- $791 / 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 $36,656 $3,106,268 $1,039,935 $2,066,333
2024 $36,656 $3,045,362 $1,019,545 $2,025,817
2023 $35,372 $2,985,650 $999,554 $1,986,096
2022 $35,040 $2,927,108 $979,955 $1,947,153
2021 $34,222 $2,869,715 $960,741 $1,908,974
2019 $33,520 $2,784,599 $932,246 $1,852,353
2018 $31,280 $2,730,000 $913,967 $1,816,033
2016 $30,518 $2,623,993 $878,478 $1,745,515
2015 $30,108 $2,584,579 $865,283 $1,719,296
2014 $29,708 $2,533,952 $848,334 $1,685,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-580117

The MLS

APN: 4472-009-027