NOT LISTED FOR SALE

20340 Big Rock Dr Malibu, CA 90265

Estimated Value: $3,067,000 - $4,549,992

3 Beds
2.5 Baths
3,109 Sq Ft
$1,231/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $2,685,000 $864 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $23,199/month

21 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Open Floorplan
  • Webster Elementary School Rated A
  • Gourmet Kitchen
  • Deck

About This Home

As of December 2014

A rare opportunity to own a custom home in the "close in" area of Big Rock in Malibu. Conveniently located a short distance from the Pacific Coast Hwy, this special property offers outstanding ocean, city lights, and Catalina views! A large gated courtyard entry leads to a very private pool and spa. Recently updated home features a gourmet kitchen w/ Polyform Italian wood cabinetry, SubZero, Wolf, and Miele appliances, a 700 bottle wine closet, large gas log fireplace in living room, hardwood floors, and a very large outdoor deck area to enjoy the head on views! Open floor plan ideal for enjoyment of an indoor/outdoor entertaining lifestyle. Enjoy spectacular views from the kitchen, dining area, great room, and master bedroom. Front and side areas also provide additional garden spaces. There is a 3 car garage with entry to covered courtyard. Conveniently located with easy access to all of the conveniences of Malibu, Pacific Palisades, and SM.

Last Agent to Sell the Property

Violetta Hargitay

Sotheby's International Realty License #01048551 Listed on: 10/07/2014

Sotheby's International Realty

Last Buyer's Agent

Richard Cassese

Engel & Völkers License #00880995

Engel & Völkers

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • South Facing Home
  • Sprinkler System
  • Property is zoned LCR120000*

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Trees

Home Design

  • Contemporary Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 3,109 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Awning
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Deck
  • Tile Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4450-014-078

Home Details

Home Type

Single Family

Year Built

Built in 1995 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3109
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1995
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Open Floor Plan, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed, Tile
  • Appliances: Built-In Gas, Cooktop - Gas, Double Oven, Microwave, Range Hood, Warmer Oven Drawer
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Ground Floor Master, Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Remodeled
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Cable, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 819.88

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Patio: Awning, Deck(s), Tile
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Detached, Door Opener, Driveway, Garage - 3 Car, Garage Is Detached
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Instant Hot Water
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Owned
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4450-014-078
  • Geocode Override: No
  • Lot Size Area: 15834

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2014
Closed on
Nov 18, 2014
Sold by
Morgan Thomas E
Bought by
Davis Weyman Living Trust
Seller's Agent
Violetta Hargitay
Sotheby's International Realty
Buyer's Agent
Richard Cassese
Engel & Völkers
List Price
$2,549,000
Sold Price
$2,685,000
Premium/Discount to List
$136,000
5.34%
Current Estimated Value
$3,825,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,140,664
Avg. Annual Appreciation
3.24%
Original Mortgage
$1,879,500
Outstanding Balance
$1,387,048
Interest Rate
3.04%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,438,616

Purchase Details

Listed on
Oct 7, 2014
Closed on
Oct 15, 2014
Sold by
Vachon Jean Stephane
Bought by
Morgan Thomas E
Seller's Agent
Violetta Hargitay
Sotheby's International Realty
Buyer's Agent
Richard Cassese
Engel & Völkers
List Price
$2,549,000
Sold Price
$2,685,000
Premium/Discount to List
$136,000
5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,879,500
Outstanding Balance
$1,387,048
Interest Rate
3.04%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,438,616

Purchase Details

Closed on
Aug 21, 2012
Sold by
Morgan Thomas E and Morgan Family Trust
Bought by
Morgan Thomas E and Morgan Family Living Trust

Purchase Details

Closed on
Jun 10, 2011
Sold by
Keats Anthony M and The Keats Living Trust
Bought by
Morgan Thomas E and The Morgan Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,382,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Andersen Lorraine K and Andersen Lawrence E
Bought by
Keats Anthony M and Keats Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,121,000
Interest Rate
6.83%
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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Purchase History

Date Buyer Sale Price Title Company
Davis Weyman Living Trust $2,685,000 Chicago Title Company
Morgan Thomas E -- Chicago Title Company
Morgan Thomas E -- Chicago Title Company
Morgan Thomas E -- Chicago Title Company
Morgan Thomas E $1,975,000 Equity Title Los Angeles
Keats Anthony M $1,495,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Weyman Living Trust $1,879,500
Previous Owner Morgan Thomas E $1,382,500
Previous Owner Keats Anthony M $1,121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $2,685,000 +5.3% $864 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $2,549,000 -- $820 / 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 $38,565 $1,324,135 $1,324,135 --
2024 $38,565 $3,163,685 $1,997,187 $1,166,498
2023 $37,810 $3,101,653 $1,958,027 $1,143,626
2022 $37,299 $3,040,837 $1,919,635 $1,121,202
2021 $36,396 $2,981,214 $1,881,996 $1,099,218
2019 $35,673 $2,892,791 $1,826,176 $1,066,615
2018 $33,822 $2,836,070 $1,790,369 $1,045,701
2016 $32,512 $2,725,945 $1,720,848 $1,005,097
2015 $32,075 $2,685,000 $1,695,000 $990,000
2014 $24,595 $2,023,645 $1,144,717 $878,928
Source: Public Records

Agents Affiliated with this Home

  • Violetta Hargitay

    Seller's Agent in 2014

    Violetta Hargitay

    Sotheby's International Realty

    (310) 367-2190

    5 Total Sales

    Violetta Hargitay
    Section Image

  • R

    Buyer's Agent in 2014

    Richard Cassese

    Engel & Völkers

    Section Image
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Map

Source: The MLS

MLS Number: 14-798157

The MLS

APN: 4450-014-078

California Los Angeles County Malibu 90265

20340 Big Rock Dr, Malibu, CA

Not Listed for Sale

Detached

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