NOT LISTED FOR SALE

Estimated Value: $6,740,410 - $8,492,000

4 Beds
4 Baths
3,906 Sq Ft
$1,894/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $5,500,000 $1,408 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $45,779/month

34 Days on Market

Highlights

  • White Water Ocean Views
  • Art Studio
  • Gourmet Kitchen
  • Webster Elementary School Rated A
  • RV Access or Parking
  • Primary Bedroom Suite

About This Home

As of November 2020

Forever breathtaking, unobstructed, ocean, white water, coastline, islands, city lights & mountain views will captivate your senses! Experience paradise in peaceful tranquility offering a truly sensational zen-like sanctuary of unparalleled serenity and idyllic privacy. This beautifully remodeled single level home with open floor plan boasts natural sunlight and ocean views from most rooms, newly remodeled chefs kitchen with professional appliances, large living, formal dining and family rooms with more ocean views, luxurious primary bedroom suite with spa-like primary bath and walk-in closet with more views, additional guest bedrooms, crafts room / office. Entertaining outdoor dining areas, new giant deck overlooking the ocean, Detached state of the art new and huge recording studio, panoramic ocean + a detached giant dance/yoga/gym studio with disappearing glass doors & panoramic views, + a new playground with equipment & more views! Organic veggie garden. Special Value!

Last Agent to Sell the Property

Lea Johnson

Sotheby's International Realty License #01006000 Listed on: 10/02/2020

Last Buyer's Agent

Joseph Ben Zvi

The Agency License #02087083

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,301

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 1.79 Acre Lot
  • Property Near a Canyon
  • Cul-De-Sac
  • South Facing Home
  • Gated Home
  • Chain Link Fence
  • Bluff on Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned LCR14L

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights
  • Canyon

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 3,906 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Art Studio
  • Dance Studio
  • Craft Room
  • Home Gym

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Deck
  • Auto Driveway Gate
  • Driveway
  • Guest Parking
  • On-Street Parking
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating
  • Property is located within a water district
  • Propane Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4450-011-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,301

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Forever breathtaking, unobstructed, expansive ocean, white water, coastline, islands, city lights & mountain views will captivate your senses! Experience paradise in peaceful tranquility offering a truly sensational zen-like sanctuary of unparalleled serenity and idyllic privacy. This beautifully remodeled single level home with open floor plan boasts natural sunlight and ocean views from most rooms, newly remodeled chefs kitchen with professional appliances, large living, formal dining and family rooms with more ocean views, luxurious primary bedroom suite with spa-like primary bath and walk-in closet with more views, additional guest bedrooms, crafts room / office. Entertaining outdoor dining areas, new giant deck overlooking the ocean, Detached state of the art new and huge recording studio with panoramic ocean views, plus a detached giant dance/yoga/gym studio with disappearing glass doors and panoramic views, plus a new playground with equipment & more views! Organic veggie garden with raised beds + more! This Hidden Treasure is the ultimate ocean retreat in east Malibu, nothing else compares at this price! Special Value!
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 3906
  • Lot Acreage: 1.7870
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1977
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Living Room Deck Attached, Open Floor Plan
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Bamboo, Tile
  • Appliances: Built-In And Free Standing, Built-In Gas, Built-Ins, Double Oven, Oven, Range, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Bedroom, Master Retreat, Master Suite, WalkInCloset, All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower Stall, Shower Over Tub, Remodeled, Steam Shower, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Family Room, Formal Dining Rm
  • Kitchen Features: Gourmet Kitchen, Stone Counters, Remodeled, Open to Family Room
  • Laundry: Room, Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Washer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1408.09
  • Windows: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Propane Tanks, Sprinkler System
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Chain Link
  • Patio: Concrete Slab, Covered, Deck(s), Living Room Deck Attached, Patio Open, Wood
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: Catalina, City, City Lights, Canyon, Coastline, Ocean, White Water
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 6
  • Covered Parking: 3
  • Parking Garage: Carport, Carport Attached, Covered Parking, Deck(s), Driveway, Driveway Gate, Private, RV Access, On street, Parking for Guests
  • Total Parking: 8

Utilities

  • TV Svcs: Tv Satellite Dish
  • Volt 220: In Laundry
  • Water Heater: Propane
  • Heating: Central
  • Security: Automatic Gate, Gated, Carbon Monoxide Detector(s), Smoke Detector
  • 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
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4450-011-025
  • Lot Description: Landscaped, Front Yard, Back Yard, Fenced, Yard
  • Lot Location: Canyon, Cul-De-Sac, Bluff Front, Corner Lot
  • Lot Size Area: 77843

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 23, 2020
Sold by
Dinletir Paul Birol and Carlano Jill K
Bought by
Zimmerman Harry and Harry Zimmerman Trust
Seller's Agent
Lea Johnson
Sotheby's International Realty
Buyer's Agent
Joseph Ben Zvi
The Agency
List Price
$5,500,000
Sold Price
$5,500,000
Current Estimated Value
$7,399,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,899,137
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Jul 20, 2012
Sold by
Beath Andrew F and Earthways Foundation
Bought by
Dinletir Paul Birol and Carlano Jill K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,170,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2012
Sold by
Beath Andrew
Bought by
Beath Andrew and Earthways Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,170,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Beath Suheila Mouammar
Bought by
Beath Andrew F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 1993
Sold by
First Interstate Bank Of California
Bought by
Beath Andrew F
Source: Public Records

Range of Values:

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Average Value
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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
Zimmerman Harry $5,500,000 California Title Company
Dinletir Paul Birol $3,075,000 Lawyers Title
Beath Andrew -- None Available
Beath Andrew F -- First Southwestern Title Co
Beath Andrew F $258,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Harry $3,300,000
Previous Owner Dinletir Paul Birol $1,685,000
Previous Owner Dinletir Paul Birol $2,170,000
Previous Owner Beath Andrew F $277,000
Previous Owner Beath Andrew F $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $5,500,000 0.0% $1,408 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $5,500,000 -- $1,408 / 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 $69,301 $2,068,879 $2,068,879 --
2024 $69,301 $5,836,642 $3,120,481 $2,716,161
2023 $67,999 $5,722,199 $3,059,296 $2,662,903
2022 $67,152 $5,610,000 $2,999,310 $2,610,690
2021 $65,568 $5,500,000 $2,940,500 $2,559,500
2020 $48,784 $4,025,388 $3,377,952 $647,436
2019 $48,107 $3,946,460 $3,311,718 $634,742
2018 $45,601 $3,869,080 $3,246,783 $622,297
2016 $43,935 $3,718,841 $3,120,707 $598,134
2015 $43,346 $3,662,982 $3,073,832 $589,150
2014 $42,732 $3,591,230 $3,013,620 $577,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-641334

The MLS

APN: 4450-011-025