NOT LISTED FOR SALE

18426 Wakecrest Dr Malibu, CA 90265

Estimated Value: $2,145,000 - $3,599,252

3 Beds
2 Baths
1,818 Sq Ft
$1,634/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $3,925,000 $2,159 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $18,453/month

3 Days on Market

Highlights

  • White Water Ocean Views
  • Above Ground Spa
  • Atrium Room
  • Webster Elementary School Rated A
  • Midcentury Modern Architecture
  • Living Room with Fireplace

About This Home

As of February 2024

Captivating mid-century gem in Malibu's Sunset Mesa, meticulously reimagined by the renowned Johnston Marklee architects. This 3-bed, 2-bath residence boasts clean lines, impeccable finishes, and an abundance of natural light, creating a seamless blend of modern luxury and coastal charm. The carefully curated details include natural oak hardwood floors, a wood-burning fireplace, and a chef's kitchen adorned with Miele and Subzero appliances. Step outside to a sunken outdoor lounging area, surrounded by lush greenery, offering natural privacy. Enjoy panoramic views stretching from the Santa Monica Pier to Catalina Island and Palos Verdes from the comfort of your home. The outdoor space is an entertainer's dream, featuring a Lynx barbecue, gas fire-pit, Sundance Spa, and Sunbrella awnings. The landscape is framed by Mangara hardwood fences and thick shrubbery, providing a serene backdrop for outdoor dining. Additionally, revel in the convenience of the vegetable garden bed, walkable neighborhood, private trail access to Topanga State Park, an Exclusive Getty Villa access card, and ample parking. Nestled in the coveted Sunset Mesa neighborhood, this property is just minutes away from the beach and Santa Monica, offering the perfect blend of tranquility and convenience. This exceptional residence is not just a home; it's a lifestyle. Embrace the opportunity to own a piece of Southern California living at its finest, where modern design meets coastal elegance.

Last Agent to Sell the Property

Eric Haskell

The Agency License #01866805 Listed on: 01/15/2024

The Agency

Co-Listed By

Blake Varga

The Agency License #02026314

Last Buyer's Agent

Melanie Sommers

Compass License #01303647

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 6,286 Sq Ft Lot
  • Lot Dimensions are 60x104
  • South Facing Home
  • Wood Fence
  • Landscaped
  • Property is zoned LCR106

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Midcentury Modern Architecture
  • Stone Roof

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Atrium Room
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Spa
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4443-007-027

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1818
  • Lot Acreage: 0.1443
  • Lot Dimensions: 60x104
  • Stories: 1
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Barbeque, Refrigerator, Range/Oven
  • Price Per S Q F T: 2087.46

Exterior Features

  • Direction Faces: South
  • Other Features: Barbecue Private
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Patio Open, Covered
  • Pool: No
  • Roof: Rock
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Coastline, City Lights, White Water, Water, Panoramic, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 125.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4443-007-027
  • Lot Description: Sidewalks, Landscaped, Fenced
  • Lot Size Area: 6286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Jan 19, 2024
Sold by
Dipaola Family Trust
Bought by
Plummer Christopher E and Mcdaniel Sessely A
Seller's Agent
Eric Haskell
The Agency
Buyer's Agent
Melanie Sommers
Compass
List Price
$3,795,000
Sold Price
$3,925,000
Premium/Discount to List
$130,000
3.43%
Views
31
Current Estimated Value
$2,970,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$954,916
Avg. Annual Appreciation
-13.58%
Original Mortgage
$766,500
Outstanding Balance
$751,444
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$2,218,640

Purchase Details

Listed on
Jun 15, 2019
Closed on
Jun 28, 2019
Sold by
Grimes Christopher S and The Christopher Grimes Living
Bought by
Dipaola Neil and Stockton Christina
Seller's Agent
Marc de Longeville
Sotheby's International Realty
Buyer's Agent
Mick Partridge
Carolwood Estates
List Price
$2,900,000
Sold Price
$2,750,000
Premium/Discount to List
-$150,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$2,200,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2007
Sold by
Voorsanger Linda and Merwin R Altfeld Family Trusts
Bought by
Grimes Christopher S and Christopher Grimes Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2006
Sold by
Altfeld Merwin R and Merwin R Altfeld Family Trusts
Bought by
Altfeld Merwin R and Merwin R Altfeld Family Trusts
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Plummer Christopher E $3,925,000 Equity Title Company
Dipaola Neil $2,750,000 First American Title Company
Grimes Christopher S $1,450,000 Equity Title Company
Altfeld Merwin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plummer Christopher E $766,500
Previous Owner Dipaola Neil $2,200,000
Previous Owner Grimes Christopher S $1,087,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2024 02/07/24 Sold $3,925,000 +3.4% $2,159 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $3,795,000 0.0% $2,087 / Sq Ft
08/26/2022 08/26/22 Rented $14,500 -3.0% --
07/29/2022 07/29/22 Price Changed $14,950 -14.6% $8 / Sq Ft
06/22/2022 06/22/22 For Rent $17,500 0.0% --
07/29/2019 07/29/19 Sold $2,750,000 -5.2% $1,513 / Sq Ft View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $2,900,000 -- $1,595 / 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 $34,943 $1,823,250 $1,823,250 --
2024 $34,943 $2,948,551 $2,358,842 $589,709
2023 $34,142 $2,890,738 $2,312,591 $578,147
2022 $33,744 $2,834,058 $2,267,247 $566,811
2021 $32,951 $2,778,490 $2,222,792 $555,698
2019 $20,808 $1,707,364 $1,365,894 $341,470
2018 $19,739 $1,673,887 $1,339,112 $334,775
2016 $19,021 $1,608,889 $1,287,113 $321,776
2015 $18,767 $1,584,723 $1,267,780 $316,943
2014 $17,314 $1,450,000 $1,160,000 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-328090

The MLS

APN: 4443-007-027