NOT LISTED FOR SALE

18332 Wakecrest Dr Malibu, CA 90265

Estimated Value: $2,154,000 - $3,399,000

4 Beds
3 Baths
2,136 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $3,326,200 $1,557 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $15,282/month

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • Converted Garage
  • Webster Elementary School Rated A
  • Contemporary Architecture
  • Walk-In Closet

About This Home

As of April 2024

Imagine waking up every day to the breathtaking views of the Queen's necklace and Catalina Island, in a house that is nestled in a quiet family neighborhood with side walks. Panoramic ocean and city views greet you as you enter this exceptional single story, spacious 4 bed, 3 bath residence, which offers luxury coastal living at its best. Walking distance to the sandy beach below, and the local hiking trails of the Santa Monica Mountains, this home offers a peaceful retreat, while remaining close to the vibrant city life of Santa Monica and Pacific Palisades. Through the fleetwood sliding doors, you'll find yourself in an outside oasis with majestic views, an inviting pool, and several seating areas perfect for entertaining. Indulge in the fine dining of Mastro's Ocean Club, or take a short walk to the Getty Villa to immerse yourself in art and magnificent architecture.

Last Agent to Rent the Property

Katrin Yadgari

Hooman Soleimanzadeh License #02015805 Listed on: 03/27/2024

Last Renter's Agent

Katrin Yadgari

Hooman Soleimanzadeh License #02015805 Listed on: 03/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,518

Year Built

  • Built in 1962

Lot Details

  • 6,719 Sq Ft Lot
  • Lot Dimensions are 61x111
  • Property is zoned LCR106

HOA Fees

  • $10 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Converted Garage
  • Driveway
  • On-Street Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $32,000
  • Tenant pays for gas, electricity, air cond/heat maint, pool service, special
  • Rent includes association dues, gardener, trash collection, pool
  • 12 Month Lease Term
  • Assessor Parcel Number 4443-007-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,518

Year Built

Built in 1962

Lot Details

0

HOA Fees

$10 per month

Rental Info

  • Credit Report Amount: 45.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Rent Includes: Association Dues, Gardener, Trash Collection, Pool
  • Security Deposit: 32000
  • Tenant Pays: Gas, Electricity, Air Cond/Heat Maint, Pool Service, Special

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2136
  • Lot Acreage: 0.1542
  • Lot Dimensions: 61x111
  • Probate: No
  • Stories: 1
  • Year Built: 1962
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Wood Laminate
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 7.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • View: Coastline, City Lights, Catalina, Ocean, Panoramic, Pool, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Converted Garage, Driveway, On street
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 120.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4443-007-035
  • Lot Size Area: 6719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Mar 7, 2024
Sold by
Moaddel Jilla and Yadgari Katrin
Bought by
Jmky Llc
Seller's Agent
Katrin Yadgari
Hooman Soleimanzadeh
Buyer's Agent
Katrin Yadgari
Hooman Soleimanzadeh
Sold Price
$15,250
Views
8
Current Estimated Value
$2,754,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,739,209
Avg. Annual Appreciation
-12.04%
Original Mortgage
$2,827,270
Outstanding Balance
$2,783,973
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$29,514

Purchase Details

Listed on
Mar 27, 2024
Closed on
Mar 4, 2024
Sold by
Matheson Trust
Bought by
Moaddel Jilla and Yadgari Katrin
Seller's Agent
Katrin Yadgari
Hooman Soleimanzadeh
Buyer's Agent
Katrin Yadgari
Hooman Soleimanzadeh
Sold Price
$15,250
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,827,270
Outstanding Balance
$2,783,973
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$29,514

Purchase Details

Closed on
Jun 17, 1996
Sold by
Matheson Harold M
Bought by
Matheson Harold M and Matheson Madonna C
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
Jmky Llc -- First American Title
Moaddel Jilla $3,326,500 First American Title
Matheson Harold M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moaddel Jilla $2,827,270
Previous Owner Matheson Harold M $800,000
Previous Owner Matheson Harold M $800,000
Previous Owner Matheson Harold M $300,000
Previous Owner Matheson Harold M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Rented $15,250 -7.6% --
03/27/2024 03/27/24 For Rent $16,500 0.0% --
03/08/2024 03/08/24 Sold $3,326,200 +19.0% $1,557 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $2,795,000 -- $1,309 / 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 $3,518 $3,392,724 $3,067,548 $325,176
2024 $3,518 $202,804 $95,632 $107,172
2023 $3,361 $198,828 $93,757 $105,071
2022 $2,835 $194,930 $91,919 $103,011
2021 $2,772 $191,109 $90,117 $100,992
2019 $2,723 $185,443 $87,445 $97,998
2018 $2,519 $181,808 $85,731 $96,077
2016 $2,796 $174,750 $82,402 $92,348
2015 $2,383 $172,126 $81,165 $90,961
2014 $2,365 $168,756 $79,576 $89,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-370335

The MLS

APN: 4443-007-035