NOT LISTED FOR SALE

18408 Wakecrest Dr Malibu, CA 90265

Estimated Value: $3,345,000 - $4,609,000

3 Beds
2 Baths
1,818 Sq Ft
$2,196/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $3,850,000 $2,118 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $25,639/month

14 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • Midcentury Modern Architecture
  • Loft

About This Home

As of February 2022

Malibu dreams come true in this stunning mid-century 3BD/2BA in coveted Sunset Mesa. This peaceful retreat takes full advantage of breathtaking expansive Pacific Ocean views including The Queen's Necklace, the Santa Monica Pier and beyond. The private, walled oasis is surrounded by courtyards and an ocean-facing backyard for seamless indoor-outdoor living and entertaining. Concrete floors and wood ceilings flank walls of glass in the sun-splashed living and dining rooms. In between, the sleek open kitchen boasts waterfall counters and stainless steel appliances. Vaulted owner's suite with a private bath featuring a glass-brick shower and double vanity. Bright secondary beds share a chic full bath. Above, the large loft is ideal as a guest room, playroom or home office. Attached garage with storage and laundry, outdoor shower, low- maintenance xeriscaping. Close to Topanga and Castle Rock beaches, Mastro's, Getty Villa, Villa de Leon and minutes from Pacific Palisades Village and Malibu Country Mart.

Last Agent to Sell the Property

Laura Pardini

Compass License #01066709 Listed on: 01/21/2022

Compass

Last Buyer's Agent

Gregory Scott

Compass License #01254539

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,013

Year Built

  • Built in 1962

Lot Details

  • 5,958 Sq Ft Lot
  • Property is zoned LCR106

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Concrete Flooring
  • Ocean Views

Kitchen

  • Open to Family Room
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4443-007-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,013

Year Built

Built in 1962

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1818
  • Lot Acreage: 0.1368
  • Stories: 1
  • Year Built: 1962
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan
  • Fireplace Rooms: Living Room
  • Flooring: Cement
  • Appliances: Cooktop - Electric, Oven, Microwave
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Island, Open to Family Room
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Refrigerator, Washer, Microwave
  • Price Per S Q F T: 1622.66

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 100.00
  • HOA: No

Lot Info

  • Assessor Parcel Number: 4443-007-030
  • Lot Size Area: 5958

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 4, 2022
Sold by
Brenda Williams Trust
Bought by
Desiree N Dumont Living Trust
Seller's Agent
Laura Pardini
Compass
Buyer's Agent
Gregory Scott
Compass
List Price
$2,950,000
Sold Price
$3,850,000
Premium/Discount to List
$900,000
30.51%
Current Estimated Value
$3,992,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,768
Avg. Annual Appreciation
1.04%
Original Mortgage
$2,310,000
Outstanding Balance
$2,153,158
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,839,610

Purchase Details

Closed on
Oct 14, 2020
Sold by
Williams Brenda Kay
Bought by
Williams Brenda K and Bertonneau Darren Louis

Purchase Details

Closed on
Jul 11, 2001
Sold by
Williams Brenda Kay
Bought by
Williams Brenda Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
7.21%

Purchase Details

Closed on
Jul 1, 1996
Sold by
Williams Richard D
Bought by
Williams Brenda Kay
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Desiree N Dumont Living Trust $3,850,000 Equity Title
Williams Brenda K -- None Available
Williams Brenda Kay -- United Title Company
Williams Brenda Kay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desiree N Dumont Living Trust $2,310,000
Previous Owner Williams Brenda Kay $130,000
Previous Owner Williams Brenda Kay $125,000
Previous Owner Williams Brenda Kay $125,000
Previous Owner Williams Brenda K $487,500
Previous Owner Williams Brenda Kay $100,000
Previous Owner Williams Brenda Kay $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $3,850,000 +30.5% $2,118 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $2,950,000 -- $1,623 / 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 $47,013 $3,227,665 $2,614,817 $612,848
2024 $47,013 $4,005,540 $3,204,432 $801,108
2023 $46,077 $3,927,000 $3,141,600 $785,400
2022 $8,653 $662,577 $362,427 $300,150
2021 $8,435 $649,586 $355,321 $294,265
2020 $8,385 $642,926 $351,678 $291,248
2019 $8,267 $630,321 $344,783 $285,538
2018 $7,828 $617,963 $338,023 $279,940
2016 $7,527 $593,969 $324,899 $269,070
2015 $7,427 $585,048 $320,019 $265,029
2014 $7,334 $573,589 $313,751 $259,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-120435

The MLS

APN: 4443-007-030