NOT LISTED FOR SALE

18277 Wakecrest Dr Malibu, CA 90265

Estimated Value: $2,226,000 - $3,448,000

3 Beds
2.5 Baths
2,027 Sq Ft
$1,417/Sq Ft Est. Value

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Wood Flooring
  • Webster Elementary School Rated A
  • Contemporary Architecture
  • Built-In Features

About This Home

As of June 2018

Enjoy Costal Living In This Beautifully Remodeled 3 Bed / 2.5 Bath Contemporary Malibu View Home. The Split-Level Home Offers Breathtaking Unobstructed Ocean Views From The Upper-Level Living Room Which Is Perfect For Entertaining While You Enjoy The Tall Vaulted Ceiling, Stacked Stone Fireplace & Large Balcony. From The Moment You Enter Double Door Entry Into The Wide Foyer, You'll Notice The High-End Finishes Throughout The Home With An Open Kitchen (Stainless Steel Appliances Included), Dining Area And Family Room. The "Beachy" Feel Continues To The Master Suite With Walk-In Closet, An Office, Plus A Spa-Like Bath With Designer Stone And Tile. Lush Landscaped Front And Back With Large With Large Wrap-Around Patio, Pool, Spa, Garden Area And Dog-Run Complete This Gorgeous Home. Laundry Also Included.

Last Agent to Rent the Property

Tia Hughes

Coldwell Banker Realty License #01839465 Listed on: 05/29/2018

Coldwell Banker Realty

Last Renter's Agent

Jesse Weinberg

Jesse Weinberg License #01435805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,399

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 6,681 Sq Ft Lot
  • Property is zoned LCR106

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,027 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $17,600
  • Tenant pays for air cond/heat maint, electricity, gas, trash collection, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4443-014-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,399

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Credit Report Required: Yes
  • Rent Includes: Gardener
  • Security Deposit: 17600
  • Tenant Pays: Air Cond/Heat Maint, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2027
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Mixed, Stone Tile, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Garage, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Inclusions: Gardener
  • Price Per S Q F T: 4.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Fenced, Heated, Private
  • Pool: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Covered Parking, Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4443-014-008
  • Geocode Override: Yes
  • Lot Size Area: 6681

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
Lc Forever Llc
Bought by
Nabavi Reza and Akbar Maryam
Current Estimated Value
$2,779,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,725,050
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,146,684

Purchase Details

Closed on
Feb 17, 2021
Sold by
Nabavi Reza and Akbar Maryam
Bought by
Chan Arthur Mark and Sajkowski Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,725,050
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,146,684

Purchase Details

Closed on
Apr 17, 2019
Sold by
Nabavi Reza and Akbar Maryam
Bought by
Lc Forever Llc

Purchase Details

Closed on
Sep 11, 2017
Sold by
Buese Alexis Miller
Bought by
Nabavi Reza and Akbar Maryam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,990
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2013
Sold by
Hajmomenian Hamid R
Bought by
Buese Alexis Miller and Buese Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2011
Sold by
Sehl Mary Elizabeth
Bought by
Hajmomenian Hamid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Cho Jong Yun
Bought by
Hajmomenian Hamid R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2005
Sold by
Cho Jong Yun
Bought by
Yang Ho Soon Hwang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2005
Sold by
Hwang Moo Wan
Bought by
Cho Jong Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2003
Sold by
Hwang Seng Soon
Bought by
Hwang Moo Wan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
6.03%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 11, 2003
Sold by
Kiseskey Carolyn A and Martin Marla J Hassinger
Bought by
Hwang Seng Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
6.03%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Nabavi Reza -- Chicago Title Company
Chan Arthur Mark $2,400,000 Chicago Title Company
Lc Forever Llc -- None Available
Nabavi Reza $2,150,000 First American Title Company
Buese Alexis Miller $1,350,000 First American Title Company
Hajmomenian Hamid -- Chicago Title Company
Hajmomenian Hamid R $1,050,000 Chicago Title Company
Cho Jong Yun -- Chicago Title Co
Yang Ho Soon Hwang -- None Available
Cho Jong Yun -- --
Hwang Moo Wan -- --
Hwang Seng Soon $1,095,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Arthur Mark $1,920,000
Previous Owner Nabavi Reza $999,990
Previous Owner Buese Alexis Miller $1,080,000
Previous Owner Hajmomenian Hamid $785,500
Previous Owner Cho Jong Yun $250,000
Previous Owner Cho Jong Yun $1,397,500
Previous Owner Cho Jong Yun $107,500
Previous Owner Cho Jong Yun $67,278
Previous Owner Cho Jong Yun $1,000,000
Previous Owner Cho Jong Yun $200,000
Previous Owner Cho Jong Yun $966,000
Previous Owner Hwang Moo Wan $100,000
Previous Owner Hwang Seng Soon $695,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Rented $8,300 -5.7% --
05/29/2018 05/29/18 For Rent $8,800 +72.5% --
01/30/2012 01/30/12 Rented $5,100 -12.1% --
01/30/2012 01/30/12 Under Contract -- -- --
01/04/2012 01/04/12 For Rent $5,800 -- --
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 $30,399 $2,384,813 $1,870,442 $514,371
2024 $30,399 $2,546,898 $2,037,519 $509,379
2023 $29,761 $2,496,960 $1,997,568 $499,392
2022 $29,413 $2,448,000 $1,958,400 $489,600
2021 $27,110 $2,260,033 $1,808,027 $452,006
2020 $26,957 $2,236,860 $1,789,488 $447,372
2019 $26,585 $2,193,000 $1,754,400 $438,600
2018 $25,202 $2,150,000 $1,720,000 $430,000
2016 $16,795 $1,404,316 $1,123,454 $280,862
2015 $16,572 $1,383,223 $1,106,579 $276,644
2014 $16,336 $1,356,128 $1,084,903 $271,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-348662

The MLS

APN: 4443-014-008