$2,200,000
SOLD NOV 20, 2024
4 Beds
3.5 Baths
2,940 Sq Ft
0.31 Acres

Recently Sold

$748 Per Sq Ft

14% Below List Price

114 Days on Market

Highlights

  • Guest House
  • Above Ground Spa
  • Canyon View
  • Webster Elementary School Rated A
  • Solar Power System
  • Contemporary Architecture

About This Home

As of November 2024

A contemporary zen-like home perfectly situated in the Malibu Bowl neighborhood with panoramic views of the Santa Monica mountains and an attached guest suite! Sold with luxury features including new French White Oak floors, Milgard windows, and an owned solar system. Enter through a gated breezeway into the main floor, marked by beautiful natural light and high ceilings. A comfortable media room flows seamlessly into a living room with a fireplace and out onto a peaceful deck with awe-inspiring views of rugged rock formations set above rolling Pacific clouds that fill the canyon below. A dining area is surrounded by picture windows and connects to a modern kitchen with a large center island, breakfast bar seating, a tiled backsplash, and high-end Miele appliances. Downstairs, a luxurious primary suite offers treetop views with a large walk-in closet and spa-like bathroom complete with stone accents, an open shower, and a soaking tub. There are two additional bedrooms, plus a large attached guest suite with separate access that features a private living/media room, a wet bar with a refrigerator, and a full bedroom with an en-suite bathroom. Outside, a lush and private backyard wraps around the home offering beautiful spaces to entertain or relax and unwind. Features include a built-in BBQ area with additional seating, a gas fire pit, a waterfall, and a lower garden lounge. Easily accessed from the primary suite, enjoy a seating area, hot tub, and outdoor shower. Additional features include a 2-car garage plus driveway parking, a Tesla car charger, Amazon Eero Pro 6 mesh high-speed Wi-Fi network, Nest thermostats, Sonos Architectural in-wall speakers, Vivint 6-camera perimeter security system, myQ smart garage opener, Schlage Encode smart locks, and motorized window shades in the living room, media room, kitchen, and primary suite. This central Malibu location is moments from beautiful hiking/riding trails and is less than 10 minutes from Pacific Coast Highway, sandy beaches, and more. With its impressive square footage, this peaceful gem offers the finest of Malibu living!

Last Agent to Sell the Property

Russell Grether

Compass License #01836632 Listed on: 06/24/2024

Compass

Co-Listed By

Tony Mark

Compass License #01205648

Compass

Last Buyer's Agent

Tony Mark

Compass License #01205648

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,157

Year Built

  • Built in 1987

Lot Details

  • 0.31 Acre Lot
  • Property is zoned LCR17500*

Property Views

  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,940 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Above Ground Spa
  • Covered patio or porch
  • Outdoor Grill

Additional Features

  • Solar Power System
  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4457-008-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,157

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 2940
  • Lot Acreage: 0.3089
  • Stories: 3
  • Year Built: 1987
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer, Barbeque, Built-Ins, Solar Panels
  • Price Per S Q F T: 841.84

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Canyon, Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4457-008-002
  • Lot Size Area: 13469

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Oct 30, 2024
Sold by
Merrill Derek
Bought by
Coxton Brandon S
Seller's Agent
Russell Grether
Compass
Buyer's Agent
Tony Mark
Compass
List Price
$2,550,000
Sold Price
$2,200,000
Premium/Discount to List
-$350,000
-13.73%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.70%
Original Mortgage
$1,979,500
Outstanding Balance
$1,970,011
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$552,608

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 8, 2021
Sold by
Halbreich David M
Bought by
Merrill Derek
Seller's Agent
Damon Skelton
Compass
Buyer's Agent
Russell Grether
Compass
List Price
$2,650,000
Sold Price
$2,150,000
Premium/Discount to List
-$500,000
-18.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
Original Mortgage
$1,473,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2010
Sold by
Halbreich David M
Bought by
Halbreich David M and David M Halbreich Trust

Purchase Details

Closed on
Apr 7, 2006
Sold by
Halbreich David M
Bought by
Halbreich David M

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
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 2, 2004
Sold by
Halbreich Rebecca
Bought by
Halbreich David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Stuart Amy
Bought by
Halbreich David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2004
Sold by
Stuart Amy
Bought by
Stuart Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Gordon Robb Aaron
Bought by
Stuart Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Barry F James and Barry Karen Jo
Bought by
Stuart Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1997
Sold by
Dimuro Joseph
Bought by
Barry F James and Barry Karen Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.16%

Purchase Details

Closed on
Jan 6, 1997
Sold by
Johnson David J and Johnson Ellen
Bought by
Dimuro Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,300
Interest Rate
7.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,200,000 Consumers Title Company
Grant Deed -- Consumers Title
Grant Deed $2,150,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Comp
Grant Deed $1,195,000 Fidelity National Title Comp
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed $820,000 Ctc
Individual Deed $490,000 --
Grant Deed $427,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,979,500 New Conventional
Previous Owner $257,500 Future Advance Clause Open End Mortgage
Previous Owner $1,473,000 New Conventional
Previous Owner $1,250,000 New Conventional
Previous Owner $988,800 New Conventional
Previous Owner $1,008,000 New Conventional
Previous Owner $1,237,000 New Conventional
Previous Owner $1,220,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $956,000 Purchase Money Mortgage
Previous Owner $740,000 Purchase Money Mortgage
Previous Owner $740,000 Purchase Money Mortgage
Previous Owner $650,000 Purchase Money Mortgage
Previous Owner $190,000 No Value Available
Previous Owner $384,300 No Value Available
Closed $85,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $12,500 0.0% $4 / Sq Ft
06/01/2025 06/01/25 For Sale $2,650,000 0.0% $901 / Sq Ft
05/13/2025 05/13/25 Price Changed $13,950 0.0% $5 / Sq Ft
05/07/2025 05/07/25 Off Market $2,650,000 -- --
04/09/2025 04/09/25 Price Changed $14,750 +7.3% $5 / Sq Ft
02/27/2025 02/27/25 Price Changed $13,750 0.0% $5 / Sq Ft
02/27/2025 02/27/25 Price Changed $2,650,000 0.0% $901 / Sq Ft
01/25/2025 01/25/25 Price Changed $15,950 0.0% $5 / Sq Ft
01/16/2025 01/16/25 Price Changed $2,895,000 0.0% $985 / Sq Ft
01/16/2025 01/16/25 Price Changed $19,000 0.0% $6 / Sq Ft
01/10/2025 01/10/25 For Sale $3,000,000 0.0% $1,020 / Sq Ft
01/10/2025 01/10/25 For Rent $25,000 0.0% --
11/20/2024 11/20/24 Sold $2,200,000 -11.1% $748 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $2,475,000 -2.9% $842 / Sq Ft
06/24/2024 06/24/24 For Sale $2,550,000 +18.6% $867 / Sq Ft
06/01/2021 06/01/21 Sold $2,150,000 -12.2% $731 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/21/2021 03/21/21 Price Changed $2,449,000 -5.6% $833 / Sq Ft
03/08/2021 03/08/21 Price Changed $2,595,000 -2.1% $883 / Sq Ft
02/17/2021 02/17/21 For Sale $2,650,000 -- $901 / 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
2024 $27,157 $2,281,596 $1,586,505 $695,091
2023 $26,566 $2,236,860 $1,555,398 $681,462
2022 $26,259 $2,193,000 $1,524,900 $668,100
2021 $18,503 $1,538,867 $1,001,232 $537,635
2020 $18,337 $1,523,089 $990,966 $532,123
2019 $18,131 $1,493,226 $971,536 $521,690
2018 $17,211 $1,463,948 $952,487 $511,461
2016 $16,560 $1,407,102 $915,501 $491,601
2015 $16,336 $1,385,967 $901,750 $484,217
2014 $16,102 $1,358,818 $884,086 $474,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-407611

The MLS

APN: 4457-008-002