NOT LISTED FOR SALE

18357 Wakecrest Dr Malibu, CA 90265

Estimated Value: $1,718,000 - $3,185,222

3 Beds
3.5 Baths
2,575 Sq Ft
$997/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $2,100,000 $816 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $15,696/month

104 Days on Market

Highlights

  • White Water Ocean Views
  • Spa
  • Fireplace in Primary Bedroom
  • Webster Elementary School Rated A
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of December 2012

Sweeping Ocean & Coastline Queen's Necklace Views! Like no other completely customized Cape Cod home in pristine condition w/nearly 2600sqft. Significantly remodeled & upgraded in 2008. Sophisticated charm, stunning designer dcor & highest quality finishes, moldings & Wood Floors throughout. Great indoor-outdoor flow w/a dramatic Liv Rm & Dining area opening to a spectacular new resort-Like backyard w/tranquil Veranda, new private SPA w/water & fire features, outdoor Kitchen, fireplace, fountain, large lawn & gorgeous gardens. Huge fabulous 'all white' Kitchen w/View & romantic dining terrace, Viking & Sub-zero appliances. Serene Master Suite w/sensational Ocean/QN views, custom closets & luxurious bath w/view! Upstairs 2nd bdrm suite. Large garden-side 3rd bdrm suite. 2-car direct entry garage w/custom cabinets & floors. Prime Sunset Mesa-close in Malibu/PP location. True California living in a glorious setting w/Ocean Vu's. Must see pics. Santa Monica/Malibu schools.

Last Agent to Sell the Property

Tania Ferris

Coldwell Banker Realty License #00664167 Listed on: 07/12/2012

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 6,963 Sq Ft Lot
  • Property is zoned LCR106

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • City Lights

Home Design

  • Cape Cod Architecture
  • Composition Roof

Interior Spaces

  • 2,575 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Center Hall
  • Wood Flooring
  • Security System Owned
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 3.5 Bathrooms

Pool

  • Spa
  • Room in yard for a pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4443-006-027

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

6,963 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2575
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Laundry: Inside, Room
  • Total Bathrooms: 3.50
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 883.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Roof: Composition
  • Spa: Private
  • Spa Yn: Yes
  • View: City Lights, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4443-006-027
  • Lot Size Area: 6963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2014
Sold by
Dowling David J
Bought by
Dowling David J and Dowling Natasha K
Current Estimated Value
$2,566,407

Purchase Details

Listed on
Jul 12, 2012
Closed on
Nov 30, 2012
Sold by
Lees Gail E and The Gail E Lees Living Trust
Bought by
Dowling David J
Seller's Agent
Tania Ferris
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,595,000
Sold Price
$2,100,000
Premium/Discount to List
-$495,000
-19.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$1,570,000
Outstanding Balance
$1,001,520
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,564,887

Purchase Details

Closed on
Jan 6, 2010
Sold by
Stafford Mark L and Stafford Marie E
Bought by
Lees Gail E and The Gail E Lees Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Webb Myrt W and Webb Family Trust
Bought by
Stafford Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2007
Sold by
The Webb Family Trust
Bought by
Webb Myrt W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Webb Joycelon H and The Webb Family Trust
Bought by
Webb Joycelon H and The Webb Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dowling David J -- None Available
Dowling David J $2,100,000 Equity Title
Lees Gail E -- Equity Title
Stafford Mark L $1,500,000 Equity Title Company
Webb Myrt W -- None Available
Webb Joycelon H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowling David J $1,570,000
Previous Owner Lees Gail E $729,750
Previous Owner Stafford Mark L $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2012 12/03/12 Sold $2,100,000 0.0% $816 / Sq Ft
10/10/2012 10/10/12 Off Market $2,100,000 -- --
09/28/2012 09/28/12 Price Changed $2,275,000 -3.2% $883 / Sq Ft
08/17/2012 08/17/12 Price Changed $2,350,000 -5.8% $913 / Sq Ft
07/20/2012 07/20/12 Price Changed $2,495,000 -3.9% $969 / Sq Ft
07/12/2012 07/12/12 For Sale $2,595,000 -- $1,008 / Sq Ft
Source: The MLS

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 $30,177 $1,072,250 $1,072,250 --
2024 $30,177 $2,535,282 $1,617,269 $918,013
2023 $29,542 $2,485,571 $1,585,558 $900,013
2022 $29,195 $2,436,835 $1,554,469 $882,366
2021 $28,502 $2,389,055 $1,523,990 $865,065
2019 $27,947 $2,318,196 $1,478,789 $839,407
2018 $26,534 $2,272,743 $1,449,794 $822,949
2016 $25,570 $2,184,492 $1,393,498 $790,994
2015 $25,228 $2,151,680 $1,372,567 $779,113
2014 $24,854 $2,109,533 $1,345,681 $763,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-612641

The MLS

APN: 4443-006-027

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