NOT LISTED FOR SALE

18425 Kingsport Dr Malibu, CA 90265

Topanga Area

Estimated Value: $2,487,151

3 Beds
4 Baths
2,236 Sq Ft
$1,112/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2023

Last sale price $3,100,000 $1,386 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $15,476 / mo

88 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Living Room with Fireplace
  • No HOA

About This Home

As of June 2023

Mid Century Jewel with Ocean and Queens Necklace views in the highly sought after neighborhood of Sunset Mesa! Completely renovated to modern perfection, this open concept floor plan flows effortlessly from the front to back and encompasses all outdoor areas. Enjoy the gourmet kitchen with sleek cabinetry, soapstone counters, a large island and elite appliances, including a La Cornue range. Fleetwood glass doors open to a patio and yard for al fresco dining with ocean views. Luxurious bedrooms include an owner's suite with a spa bath and private balcony. The flexible lower level offers outdoor access and a marble bath - ideal for either a den/media/exercise room/studio or an additional primary suite. Toto wash-let powder room, large laundry room, central HVAC, tankless water heater, Shade Store shades, solar security cameras, Ring doorbell. Two-car garage, wide driveway. Moments to beaches, hiking, Pacific Palisades Village and Malibu Country Mart. Wake up to ocean views!

Last Agent to Sell the Property

Heather Altman

Douglas Elliman of California, Inc. License #01833121 Listed on: 02/16/2023

Douglas Elliman of California, Inc.

Co-Listed By

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Last Buyer's Agent

Josh Picker

Douglas Elliman of California, Inc. License #01982476

Douglas Elliman of California, Inc.
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 7,588 Sq Ft Lot
  • Lot Dimensions are 54x144
  • Fenced Yard
  • Back Yard
  • Property is zoned LCR106

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Driveway

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,236 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dressing Area
  • Powder Room
  • 4 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4443-006-005

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

7,588 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2236
  • Lot Acreage: 0.1742
  • Lot Dimensions: 54x144
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Mixed
  • Appliances: Built-Ins, Gas, Oven, Range Hood, Range, Microwave
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, In Kitchen, Kitchen Island, Breakfast Area
  • Kitchen Features: Island, Counter Top
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Range/Oven, Refrigerator, Dishwasher, Freezer, Garbage Disposal
  • Price Per S Q F T: 1475.40

Exterior Features

  • Other Structures: None
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage, Private, Private Garage, Driveway, Direct Entrance
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4443-006-005
  • Lot Description: Fenced Yard, Back Yard
  • Lot Size Area: 7588

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Apr 26, 2023
Sold by
Bought by
Seller's Agent
Heather Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Josh Picker
Douglas Elliman of California, Inc.
List Price
$3,499,000
Sold Price
$3,100,000
Premium/Discount to List
-$399,000
-11.4%
Views
892
Current Estimated Value
$2,487,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$612,849
Avg. Annual Appreciation
-6.75%
Original Mortgage
$2,450,000
Outstanding Balance
$2,341,427
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$145,724

Purchase Details

Closed on
Aug 10, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 13, 2019
Closed on
Jan 31, 2020
Sold by
Bought by
Seller's Agent
Robert Sandefer
The Agency
Buyer's Agent
Heather Altman
Douglas Elliman of California, Inc.
List Price
$2,395,000
Sold Price
$2,250,000
Premium/Discount to List
-$145,000
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%
Original Mortgage
$1,800,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,100,000 Fidelity National Title
-- Ticor Title
-- Ticor Title
-- Ticor Title
-- Ticor Title
-- None Listed On Document
-- Ticor Title
-- Ticor Title
$2,250,000 Lawyers Title Company
$1,930,000 Chicago Title Company
$1,284,500 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,450,000
Previous Owner $250,000
Previous Owner $2,261,000
Previous Owner $2,261,000
Previous Owner $1,800,000
Previous Owner $1,425,000
Previous Owner $840,000
Previous Owner $655,000
Previous Owner $250,000
Previous Owner $940,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2023 06/09/23 Sold $3,100,000 -6.0% $1,386 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/22/2023 04/22/23 Price Changed $3,299,000 -2.9% $1,475 / Sq Ft
02/25/2023 02/25/23 Price Changed $3,399,000 -2.9% $1,520 / Sq Ft
02/16/2023 02/16/23 For Sale $3,499,000 +55.5% $1,565 / Sq Ft
02/20/2020 02/20/20 Sold $2,250,000 -6.1% $1,006 / Sq Ft View Prior Sale
01/10/2020 01/10/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $2,395,000 +24.1% $1,071 / Sq Ft
10/07/2016 10/07/16 Sold $1,930,000 -6.2% $863 / Sq Ft View Prior Sale
07/23/2016 07/23/16 Pending -- -- --
07/07/2016 07/07/16 Price Changed $2,058,058 -6.2% $920 / Sq Ft
05/23/2016 05/23/16 For Sale $2,195,000 -- $982 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,342 $1,677,125 $1,677,125
2024 $37,422 $3,162,000 $2,529,600 $632,400
2023 $28,244 $2,365,150 $1,892,120 $473,030
2022 $27,913 $2,318,775 $1,855,020 $463,755
2021 $27,253 $2,273,310 $1,818,648 $454,662
2020 $24,765 $2,048,129 $1,638,504 $409,625
2019 $24,423 $2,007,971 $1,606,377 $401,594
2018 $23,173 $1,968,600 $1,574,880 $393,720
2016 $16,257 $1,362,586 $1,090,112 $272,474
2015 $16,040 $1,342,120 $1,073,738 $268,382
2014 $15,811 $1,315,830 $1,052,705 $263,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-242397

The MLS

APN: 4443-006-005

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