NOT LISTED FOR SALE

18319 Clifftop Way Malibu, CA 90265

Estimated Value: $3,069,000 - $4,808,000

3 Beds
3.5 Baths
2,664 Sq Ft
$1,444/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $3,145,000 $1,181 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $24,249/month

10 Days on Market

Highlights

  • Ocean View
  • Heated Infinity Pool
  • Primary Bedroom Suite
  • Webster Elementary School Rated A
  • Gourmet Kitchen
  • Contemporary Architecture

About This Home

As of August 2020

Striking museum contemporary in Malibus coveted Sunset Mesa neighborhood featuring sensational Santa Monica Mountain and Pacific Ocean views, and offering the best in secluded coastal living. An open-concept floor plan abounds throughout the main level great room, dining area and upscale chefs kitchen, flowing outdoors via disappearing walls of glass to the split-level entertainment deck with a waterfall feature, fire pit and incredible infinity pool, all backdropped by extraordinary mountain and canyon views. The home features three generous en suite bedrooms, including the master suite with ocean views that span all the way to Palos Verdes and a portico between the bedroom and spa bath. Additional features include a full laundry room and two-car garage with storage. Replete with artistic touches, creative flair and carefully chosen finishes, this tranquil clifftop haven offers a sought-after modern ambiance in a supremely natural setting.

Last Agent to Sell the Property

F. Ron Smith

Compass License #00961954 Listed on: 06/09/2020

Compass

Co-Listed By

David Berg

Compass License #01481236

Last Buyer's Agent

Mike Gardner

Compass License #01344290

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,444

Year Built

  • Built in 1965

Lot Details

  • 6,835 Sq Ft Lot
  • Property is zoned LCR106

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,664 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Heated Infinity Pool
  • Waterfall Pool Feature

Outdoor Features

  • Open Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4443-005-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,444

Year Built

Built in 1965

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Striking museum contemporary in Malibus coveted Sunset Mesa neighborhood featuring sensational Santa Monica Mountain and Pacific Ocean views, and offering the best in secluded coastal living. An open-concept floor plan abounds throughout the main level great room, dining area and upscale chefs kitchen, flowing outdoors via disappearing walls of glass to the split-level entertainment deck with a waterfall feature, fire pit and incredible infinity pool, all backdropped by extraordinary mountain and canyon views. The home features three generous en suite bedrooms, including the master suite with ocean views that span all the way to Palos Verdes and a portico between the bedroom and spa bath. Additional features include a full laundry room and two-car garage with storage. Replete with artistic touches, creative flair and carefully chosen finishes, this tranquil clifftop haven offers a sought-after modern ambiance in a supremely natural setting.
  • Living Area: 2664
  • Probate: No
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Exterior
  • Flooring: Hardwood, Tile
  • Appliances: Built-In Gas, Cooktop - Gas, Double Oven, Built-Ins
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Kitchen Island, Dining Area
  • Kitchen Features: Pantry, Open to Family Room, Counter Top, Gourmet Kitchen, Island
  • Laundry: Room, Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator, Gas Or Electric Dryer Hookup, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 1200.45

Exterior Features

  • Other Structures: None
  • Patio: Patio Open
  • Pool Description: Heated, In Ground, Waterfall, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Canyon, Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached, Private Garage
  • Total Parking: 4

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 100.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4443-005-012
  • Geocode Override: No
  • Lot Location: Canyon
  • Lot Size Area: 6835

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 7, 2020
Sold by
La Santa Maria Llc
Bought by
Resnick Daniel and Resnick Julie
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
Mike Gardner
Compass
List Price
$3,198,000
Sold Price
$3,145,000
Premium/Discount to List
-$53,000
-1.66%
Current Estimated Value
$3,845,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,747
Avg. Annual Appreciation
3.94%
Original Mortgage
$2,358,750
Outstanding Balance
$2,101,769
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,716,644

Purchase Details

Closed on
Feb 19, 2016
Sold by
Wong Kenneth Ken Yip and Wong Clifford Ken Lop
Bought by
La Santa Maria Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2015
Sold by
Kobayashi Jane E
Bought by
Kobayashi Jane E

Purchase Details

Closed on
Jan 5, 2010
Sold by
Wong Kenneth Ken Yip and Kobayashi Jane E
Bought by
Wong Kenneth Ken Yip and Wong Clifford Ken Lop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,500
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2009
Sold by
Wong Kenneth Ken Yip and Wong Clifford Ken Lop
Bought by
Wong Kenneth Ken Yip and Kobayashi Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,500
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Wong Kenneth Ken Yip and Wong Clifford Ken Lop
Bought by
Wong Kenneth Ken Yip and Wong Clifford Ken Lop

Purchase Details

Closed on
Nov 19, 2002
Sold by
Fernandez Brenda B and Fernandez Revocable T Brenda B
Bought by
Wong Kenneth Ken Yip and Wong Clifford Ken Lop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6.06%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Fernandez Brenda B
Bought by
Fernandez Brenda B and Fernandez Revocable T Brenda B

Purchase Details

Closed on
Mar 14, 2001
Sold by
Fernandez Brenda B and The Brenda B Fernandez Revocab
Bought by
Fernandez Brenda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2000
Sold by
Fernandez Brenda B
Bought by
Fernandez Brenda B and Fernandez Revocable T Brenda B

Purchase Details

Closed on
Jun 3, 1998
Sold by
Carlin Larry L and Carlin Judith K
Bought by
Fernandez Brenda Baugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,000
Interest Rate
7.11%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Fernandez Manuele M
Bought by
Fernandez Brenda Baugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,000
Interest Rate
7.11%
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
Resnick Daniel $3,145,000 Fidelity National Title Co
La Santa Maria Llc $2,888,000 Equity Title
Kobayashi Jane E -- None Available
Wong Kenneth Ken Yip -- Accommodation
Wong Kenneth Ken Yip -- First American Title
Wong Kenneth Ken Yip -- None Available
Wong Kenneth Ken Yip $1,040,000 Equity Title Company
Fernandez Brenda B -- --
Fernandez Brenda B -- Gateway Title Company
Fernandez Brenda B -- Gateway Title Company
Fernandez Brenda B -- --
Fernandez Brenda Baugh $680,000 Commonwealth Land Title Co
Fernandez Brenda Baugh -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resnick Daniel $2,358,750
Previous Owner La Santa Maria Llc $2,850,000
Previous Owner Wong Kenneth Ken Yip $1,240,000
Previous Owner Wong Kenneth Ken Yip $496,000
Previous Owner Wong Kenneth K $417,000
Previous Owner Wong Kenneth Ken Yip $718,500
Previous Owner Wong Kenneth Ken Yip $668,500
Previous Owner Wong Kenneth Ken Yip $150,000
Previous Owner Wong Kenneth Ken Yip $101,000
Previous Owner Wong Kenneth Ken Yip $832,000
Previous Owner Wong Kenneth Ken Yip $832,000
Previous Owner Fernandez Brenda B $56,000
Previous Owner Fernandez Brenda B $815,000
Previous Owner Fernandez Brenda Baugh $240,000
Previous Owner Fernandez Brenda Baugh $573,000
Previous Owner Fernandez Brenda Baugh $75,000
Previous Owner Carlin Larry L $250,000
Closed Wong Kenneth Ken Yip $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $3,145,000 -1.7% $1,181 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $3,198,000 0.0% $1,200 / Sq Ft
04/30/2018 04/30/18 Rented $12,000 -7.7% --
04/18/2018 04/18/18 Price Changed $13,000 -13.3% $5 / Sq Ft
03/23/2018 03/23/18 For Rent $15,000 +42.9% --
02/05/2017 02/05/17 Rented $10,500 -19.2% --
11/21/2016 11/21/16 Price Changed $13,000 -13.3% $5 / Sq Ft
10/15/2016 10/15/16 For Rent $15,000 -- --
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 $39,444 $1,661,857 $1,661,857 --
2024 $39,444 $3,337,497 $2,506,572 $830,925
2023 $38,694 $3,272,057 $2,457,424 $814,633
2022 $38,196 $3,207,900 $2,409,240 $798,660
2021 $37,298 $3,145,000 $2,362,000 $783,000
2020 $37,242 $3,126,060 $2,365,762 $760,298
2019 $36,728 $3,064,766 $2,319,375 $745,391
2018 $34,879 $3,004,674 $2,273,898 $730,776
2016 $18,353 $1,539,460 $1,121,401 $418,059
2015 $18,109 $1,516,337 $1,104,557 $411,780
2014 $17,849 $1,486,635 $1,082,921 $403,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-588264

The MLS

APN: 4443-005-012