NOT LISTED FOR SALE

Estimated Value: $4,056,000 - $4,286,960

4 Beds
4.5 Baths
3,823 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $2,975,000 $778 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $25,933/month

213 Days on Market

Highlights

  • Ocean View
  • Horse Property Unimproved
  • 2.02 Acre Lot
  • Malibu Elementary School Rated A
  • In Ground Pool
  • Colonial Architecture

About This Home

As of June 2021

This Santa Barbara Spanish Colonial Revival is located in Malibu's wine country and sits on approximately 2 acres. Perched on its own promontory with mountain, canyon and ocean views there is a pool, spa and a beautifully finished patio for entertaining. The main living level is breathtaking. It is lined by large viewing windows and includes beamed ceilings and distressed hickory hardwood floors. The custom chef's kitchen with top of the line appliances is complete with a walk-in pantry, breakfast bar & separate eating area. Also, on this floor is a dedicated office or bedroom, powder bath & spacious second bedroom. There is an over-sized master suite w/ fireplace, private viewing deck for those wonderful sunrises, a separate shower & two walk-in closets. There is ample room for horse facilities or additional structures. The over-sized 3 car garage and driveway can comfortably hold 12 cars. See Private Remarks:

Last Agent to Sell the Property

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 09/20/2020

Co-Listed By

Cormac O'Herlihy

Sotheby's International Realty License #00787980

Last Buyer's Agent

Marilyn Azar

Keller Williams Luxury License #01432520

Keller Williams Luxury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,617

Year Built

  • Built in 2014

Lot Details

  • 2.02 Acre Lot
  • West Facing Home
  • Landscaped
  • Hilltop Location
  • Back and Front Yard
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • Colonial Architecture
  • Split Level Home
  • Slab Foundation
  • Plaster

Interior Spaces

  • 3,823 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • Drapes & Rods
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Bonus Room
  • Center Hall
  • Wood Flooring
  • Security System Owned
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Converted Bedroom
  • Walk-In Closet
  • Powder Room
  • Granite Bathroom Countertops

Parking

  • 9 Open Parking Spaces
  • 12 Parking Spaces

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Horse Facilities and Amenities

  • Horse Property Unimproved
  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling
  • Property is located within a water district
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4472-010-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,617

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Main Level
  • Living Area: 3823
  • Lot Acreage: 2.0182
  • Probate: No
  • Year Built: 2014
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Basement, Pre-wired for high speed Data, Built-Ins
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Built-Ins, Gas, Oven
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Converted Bedroom, Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Powder Room, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Nook, Dining Area, Living Room
  • Kitchen Features: Granite Counters
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Barbeque, Built-Ins, Dishwasher, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 810.88
  • Windows: Drapes/Curtains

Exterior Features

  • Direction Faces: West
  • Construction: Plaster
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Deck(s), Patio Open
  • Pool Description: Fenced, In Ground, Pool Cover
  • Pool: Yes
  • Roof: Tile
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Canyon, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Other Spaces: 9
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car
  • Total Parking: 12

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central
  • Security: Owned
  • Sewer: Septic Tank
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4472-010-033
  • Lot Description: Front Yard, Landscaped, Horse Property Unimproved, Back Yard
  • Lot Location: Hilltop
  • Lot Size Area: 87912

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2020
Closed on
May 5, 2021
Sold by
Mills James L and Mills Donna M
Bought by
Saboo Vinay and Pereyra Saboo Veronica
Seller's Agent
Wailani O'Herlihy
Sotheby's International Realty
Buyer's Agent
Marilyn Azar
Keller Williams Luxury
List Price
$3,100,000
Sold Price
$2,975,000
Premium/Discount to List
-$125,000
-4.03%
Current Estimated Value
$4,163,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,188,990
Avg. Annual Appreciation
8.38%
Original Mortgage
$2,380,000
Outstanding Balance
$2,159,481
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,004,509

Purchase Details

Closed on
May 4, 2016
Sold by
Elliott Thomas J and Elliott Michelle Suzanne
Bought by
Mills James L and Mills Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,880,000
Interest Rate
2.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2014
Sold by
Elliott Thomas J
Bought by
Elliott Thomas J and Elliott Michelle Suzanne

Purchase Details

Closed on
Oct 29, 2012
Sold by
Elliott Michelle
Bought by
Elliot Thomas J and Elliott Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,268,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 9, 2004
Sold by
Goebels Phillip L
Bought by
Elliott Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1998
Sold by
Stoll Kevin Randall
Bought by
Stoll Edith M
Source: Public Records

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
Saboo Vinay $2,975,000 Clearmark Title
Mills James L $2,350,000 Lawyers Title
Elliott Thomas J -- Accommodation
Elliot Thomas J -- Lawyers Title
Elliott Tom $460,000 Ticor Title Company Of Ca
Stoll Edith M -- First American Title Co
Goebels Philipp L $287,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saboo Vinay $2,380,000
Previous Owner Mills James L $1,950,000
Previous Owner Mills James L $1,880,000
Previous Owner Elliot Thomas J $1,268,000
Previous Owner Elliott Tom $70,000
Previous Owner Elliott Tom $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $2,975,000 -4.0% $778 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $3,100,000 +4.2% $811 / Sq Ft
12/20/2020 12/20/20 Off Market $2,975,000 -- --
09/20/2020 09/20/20 For Sale $3,100,000 -- $811 / 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 $37,617 $3,220,234 $1,704,830 $1,515,404
2024 $37,617 $3,157,093 $1,671,402 $1,485,691
2023 $36,824 $3,095,190 $1,638,630 $1,456,560
2022 $36,432 $3,034,500 $1,606,500 $1,428,000
2021 $30,238 $2,519,672 $949,541 $1,570,131
2020 $29,984 $2,493,837 $939,805 $1,554,032
2019 $29,604 $2,444,939 $921,378 $1,523,561
2018 $27,873 $2,397,000 $903,312 $1,493,688
2016 $24,961 $2,138,297 $552,477 $1,585,820
2015 $24,668 $2,106,179 $544,179 $1,562,000
2014 $6,689 $533,520 $533,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-631006

The MLS

APN: 4472-010-033