NOT LISTED FOR SALE

2007 Newell Rd Malibu, CA 90265

El Nido Neighborhood

Estimated Value: $1,132,000 - $1,478,000

2 Beds
1 Bath
800 Sq Ft
$1,539/Sq Ft Est. Value

Highlights

  • Solar Power System
  • Panoramic View
  • Granite Countertops
  • Webster Elementary School Rated A
  • 23,742 Sq Ft lot
  • Air Conditioning

About This Home

As of November 2019

Sold/Leased before processing/Posting for MLS comps only. Adorable and immaculate free standing pied-a-terre with solar. 2 bedroom house corner lot above popular Solstice Canyon and approximately 5 minutes to beach, 7 min. to Pepperdine & shops. This charming view cottage has beam ceilings, French oak wide plank flooring, solid stone counters, large pantry and all appliances including washer & dryer, dishwasher, fridge, gas stove, oven. Fenced yard, lawn, deck and 6 person spa. Located in a quaint neighborhood, it is light and bright and has lots of mountain vistas and charm. Available Nov 1, 1 year lease min. $3595 or furnished for $3995 and 6 month min.. Dogs considered with "pet interview", insurance and additional monthly fee. Water/trash, gardener service included. Off street parking. Credit and references will be checked

Last Agent to Rent the Property

Kelly Pessis

Compass License #01254996 Listed on: 11/30/2019

Compass

Last Renter's Agent

Caren Leib

Pinnacle Estate Properties License #02043189

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 0.55 Acre Lot
  • Property is zoned LCR17500*

Interior Spaces

  • 800 Sq Ft Home
  • Electric Fireplace
  • Panoramic Views
  • Granite Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Solar Power System
  • Air Conditioning

Listing and Financial Details

  • Security Deposit $7,000
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4457-011-022

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Rental Info

  • Security Deposit: 7000
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Single Family
  • Street Number Display: No
  • Advertising Remarks: Sold/Leased before processing. Adorable and immaculate free standing pied-a-terre with solar. 2 bedroom house corner lot above popular Solstice Canyon and approximately 5 minutes to beach, 7 min. to Pepperdine & shops. This charming view cottage has beam ceilings, French oak wide plank flooring, solid stone counters, large pantry and all appliances including washer & dryer, dishwasher, fridge, gas stove, oven. Fenced yard, lawn, deck and 6 person spa. Located in a quaint neighborhood, it is light and bright and has lots of mountain vistas and charm. Available Nov 1, 1 year lease min. $3595 or furnished for $3995 and 6 month min.. Dogs considered with "pet interview", insurance and additional monthly fee. Water/trash, gardener service included. Off street parking. Credit and references will be checked
  • Lease Terms: 1+Year
  • Living Area: 800
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Electric
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Solar Panels
  • Price Per S Q F T: 4.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4457-011-022
  • Geocode Override: No
  • Lot Size Area: 23742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2015
Sold by
Pessis Kelly S and Breese Steve
Bought by
The Yeti Trust 2015
Current Estimated Value
$1,129,727

Purchase Details

Closed on
Oct 30, 2004
Sold by
Breese Steve
Bought by
Breese Steve and Pessis Kelly S

Purchase Details

Closed on
Mar 18, 2004
Sold by
Breese Steve J
Bought by
Breese Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Outstanding Balance
$155,629
Interest Rate
5.64%
Mortgage Type
New Conventional
Estimated Equity
$1,075,306

Purchase Details

Closed on
Dec 22, 1997
Sold by
Donald Carr Trust and Andrew
Bought by
Breese Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
7.02%
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
The Yeti Trust 2015 -- Lawyers Title
Breese Steve -- --
Breese Steven -- Southland Title Company
Breese Steve J $199,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breese Steven $333,700
Previous Owner Breese Steve J $179,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2019 11/30/19 Rented $3,595 0.0% --
11/30/2019 11/30/19 Under Contract -- -- --
11/30/2019 11/30/19 For Rent $3,595 +20.0% --
02/06/2016 02/06/16 Rented $2,995 -3.4% --
02/02/2016 02/02/16 Off Market $3,100 -- --
01/24/2016 01/24/16 For Rent $3,100 -- --
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 $4,492 $318,527 $252,276 $66,251
2024 $4,492 $312,282 $247,330 $64,952
2023 $4,299 $306,160 $242,481 $63,679
2022 $4,247 $300,158 $237,727 $62,431
2021 $4,123 $294,273 $233,066 $61,207
2019 $3,948 $282,577 $226,154 $56,423
2018 $3,822 $279,949 $221,720 $58,229
2016 $3,670 $269,080 $213,111 $55,969
2015 $3,619 $265,039 $209,910 $55,129
2014 $3,593 $259,849 $205,799 $54,050
Source: Public Records

Agents Affiliated with this Home

  • Kelly Pessis

    Landlord's Agent in 2019

    Kelly Pessis

    Compass

    (310) 980-5373

    3 in this area

    15 Total Sales

    Kelly Pessis
    Section Image
  • Caren Leib

    Tenant's Agent in 2019

    Caren Leib

    Pinnacle Estate Properties

    (310) 579-5818

    42 Total Sales

    Caren Leib
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-533418

The MLS

APN: 4457-011-022

California Los Angeles County Malibu 90265 El Nido

2007 Newell Rd, Malibu, CA

Not Listed for Sale

Detached

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