NOT LISTED FOR SALE

19858 Pacific Coast Hwy Malibu, CA 90265

Big Rock Neighborhood

Estimated Value: $5,535,074 - $6,260,000

4 Beds
2.5 Baths
2,501 Sq Ft
$2,364/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $5,200,000 $2,079 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $37,133/month

21 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Sauna
  • Webster Elementary School Rated A
  • Property has ocean access
  • Oceanside

About This Home

As of September 2021

Designed for maximum comfort and views galore, this multi-level beachfront residence commands sunrise-to-sunset ocean and island views and a sweeping panorama of the sparkling lights known as the Queen's Necklace. Appealing details, such as plank and beam wood ceilings, rough-hewn rock fireplaces, hardwood floors, a wide spiral staircase, and view decks on three levels, complement an open layout for relaxed indoor-outdoor living and entertaining. Located near Malibus's southern end, the property has approximately 42 feet of beach frontage with direct access and no neighbors on the north side. Focused on the ocean views and a massive stone fireplace, the living/dining/kitchen area has two levels, with very high ceilings and wonderful light. The large balcony outside has ample room for a barbecue, al fresco dining, and lounging under the stars. The kitchen, which overlooks the living room and includes a windowed dining bay, has an island, stone countertops, and high-quality appliances. A hallway leads to two bedrooms, one with ocean views and walls of floor-to-ceiling library shelves. There is also a powder room and a laundry room on this level. Upstairs, on the top floor, is a sensational family room, complete with a blue-tile fireplace, an elevated office/game table platform, built-in shelving, and wide glass doors that open onto a tiled ocean-view balcony. On the home's bottom level, the spacious primary suite has another stone fireplace, an ocean-view sitting area, a beautifully tiled bath, spa tub, steam shower, sauna, and a huge wraparound view balcony. The home is equipped with central air and there are two one-car garages as well as room for guest parking. With its elegant design and desirable location, this lovely residence offers the best Malibu beach lifestyle.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 08/12/2021

Compass

Last Buyer's Agent

Darlene Kelly

Christie's International Real Estate SoCal License #01132595

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,996

Year Built

  • Built in 1983

Lot Details

  • 2,232 Sq Ft Lot
  • Beach Front
  • Wood Fence
  • Property is zoned LCR303

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Guest Parking

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • 3 Fireplaces
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Sauna
  • Security System Owned
  • Laundry Room

Kitchen

  • Double Convection Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Double Shower
  • Steam Shower

Outdoor Features

  • Property has ocean access
  • Oceanside
  • Living Room Balcony

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4449-008-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,996

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 2501
  • Lot Acreage: 0.0512
  • Stories: 2
  • Year Built: 1983
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, High Ceilings (9 Feet+), Recessed Lighting, Two Story Ceilings
  • Fireplace Rooms: Family Room, Gas, Living Room, Master Bedroom
  • Flooring: Wood, Laminate, Tile
  • Appliances: Built-Ins, Convection Oven, Double Oven, Microwave, Range, Range Hood
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Powder Room, Shower and Tub, Tile, Shower Stall, Tub With Jets, Steam Shower, Dual Entry (Jack & Jill) Bath
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area, In Kitchen, Living Room
  • Kitchen Features: Island, Stone Counters
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 2099.16
  • Windows: French Windows

Exterior Features

  • Other Features: Balcony, French Doors, High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Balcony, Living Room Balcony, Tile
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Coastline, Ocean, Panoramic, White Water
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Door Opener, Garage - 2 Car, Parking for Guests, Private Garage, Garage Is Attached
  • Total Parking: 4

Utilities

  • Water Heater: Instant Hot Water, Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Horses: No
  • Assessor Parcel Number: 4449-008-001
  • Lot Description: Street Paved
  • Lot Location: Beach Access, Beach Front, Ocean Side Of Highway 1, Ocean Access, Ocean Front, City
  • Lot Size Area: 2232

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 7, 2021
Sold by
Ballon Ian and Ballon Masifa M
Bought by
Stephens M June and 143 Properties Trust
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Darlene Kelly
Christie's International Real Estate SoCal
List Price
$5,250,000
Sold Price
$5,200,000
Premium/Discount to List
-$50,000
-0.95%
Current Estimated Value
$5,823,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,358
Avg. Annual Appreciation
3.38%
Original Mortgage
$3,675,000
Outstanding Balance
$3,361,851
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,549,507

Purchase Details

Listed on
Apr 18, 2016
Closed on
Dec 6, 2016
Sold by
Kalyani Chandrika
Bought by
Ballon Ian and Ballon Masifa M
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$5,250,000
Sold Price
$3,642,248
Premium/Discount to List
-$1,607,752
-30.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$3,282,458
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 6, 2007
Sold by
Pollock Thomas P
Bought by
Kalyani Chandrika

Purchase Details

Closed on
Jan 31, 2005
Sold by
Neuwirth Thomas Oliver
Bought by
Arthur Karen

Purchase Details

Closed on
Jan 5, 2005
Sold by
Arthur Karen
Bought by
Pollock Thomas P

Purchase Details

Closed on
Apr 30, 1999
Sold by
Arthur Karen
Bought by
Arthur Karen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stephens M June $5,200,000 California Title Company
Ballon Ian $3,725,000 Usa National Title
Kalyani Chandrika -- Ticor Title Co Glendale
Arthur Karen -- Provident Title Company
Pollock Thomas P $2,850,000 Provident Title Company
Arthur Karen -- Continental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens M June $3,675,000
Previous Owner Ballon Ian $3,282,458
Previous Owner Arthur Karen $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $5,200,000 -1.0% $2,079 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $5,250,000 +44.1% $2,099 / Sq Ft
12/20/2016 12/20/16 Sold $3,642,248 -5.4% $1,456 / Sq Ft
09/30/2016 09/30/16 Price Changed $3,850,000 -3.6% $1,539 / Sq Ft
09/06/2016 09/06/16 Price Changed $3,995,000 -6.0% $1,597 / Sq Ft
08/17/2016 08/17/16 Price Changed $4,250,000 -5.6% $1,699 / Sq Ft
07/11/2016 07/11/16 Price Changed $4,500,000 -9.9% $1,799 / Sq Ft
06/01/2016 06/01/16 Price Changed $4,995,000 -4.9% $1,997 / Sq Ft
04/18/2016 04/18/16 For Sale $5,250,000 -- $2,099 / 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 $62,996 $3,104,034 $3,104,034 --
2024 $62,996 $5,410,080 $4,681,800 $728,280
2023 $61,772 $5,304,000 $4,590,000 $714,000
2022 $61,065 $5,200,000 $4,500,000 $700,000
2021 $46,932 $3,993,951 $3,216,606 $777,345
2019 $46,022 $3,875,490 $3,121,200 $754,290
2018 $43,731 $3,799,500 $3,060,000 $739,500
2016 $48,030 $4,169,808 $3,615,019 $554,789
2015 $47,376 $4,107,175 $3,560,719 $546,456
2014 $45,069 $3,887,000 $3,167,000 $720,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-771118

The MLS

APN: 4449-008-001