NOT LISTED FOR SALE

Estimated Value: $4,260,000 - $5,018,000

4 Beds
4 Baths
2,864 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $4,100,000 $1,432 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $29,152/month

65 Days on Market

Highlights

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

About This Home

As of October 2022

Mid-Century Modern Big Rock Estate with stunning views of the Southern California Coastline. Designed by Cory Buckner, AIA, the home features a beautifully landscaped garden entryway with a fenced courtyard and manicured front yard. Enter into beamed vaulted ceilings to the open living room with panoramic ocean and city light views over the pool and hard-scaped backyard. This bright architectural home has an open floor plan with high beamed ceilings accented by Italian marble and natural lighting throughout. The exterior features a pergola and patio area complete with a heated pool, outdoor kitchen, endless skyline and ocean views and a vegetable garden perfect for crafting farm-to-table fresh culinary creations! Other notable mentions of this well-appointed property include spacious bedrooms, two fireplaces, full chef's kitchen, and maid's living quarter w/separate entrance. 2 car attached garage plus additional parking on driveway and street. Back-up Generac gas powered generator. Centrally located in the heart of Malibu with easy access to iconic restaurants, local landmarks and beaches.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 07/26/2022

Last Buyer's Agent

Brendan Varela

Guide Real Estate License #02131514

Guide Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,633

Year Built

  • Built in 1997

Lot Details

  • 10,456 Sq Ft Lot
  • Lot Dimensions are 104x107
  • South Facing Home
  • Gated Home
  • Wrought Iron Fence
  • Wood Fence
  • Wire Fence
  • Sprinkler System
  • Front Yard
  • Property is zoned LCR120000*

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Post and Beam
  • Raised Foundation
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 2,864 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Gas Fireplace
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Den
  • Loft
  • Wood Flooring
  • Laundry in Garage

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Granite Bathroom Countertops

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Open Patio
  • Gazebo

Location

  • Ground Level Unit

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4450-015-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,633

Year Built

Built in 1997

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Post & Beam
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Mid-Century Modern Big Rock Estate with stunning views of the Southern California Coastline! Designed by Cory Buckner, AIA, the home features a beautifully landscaped garden entryway with a courtyard and manicured front yard. Enter into beamed vaulted ceilings to the open living room with panoramic ocean and city light views over the pool and hard-scaped backyard. This bright architectural home has an open floor plan with high beamed ceilings accented by Italian marble & natural lighting throughout. The exterior features a pergola and patio area complete with a heated pool, outdoor kitchen, endless skyline and ocean views and a vegetable garden perfect for crafting farm-to-table fresh culinary creations! Other notable mentions of this well-appointed property include spacious bedrooms, two fireplaces, full chef's kitchen & maid's living quarter w/separate entrance. 2 car attached garagege
  • Entry Location: Ground Level w/steps
  • Living Area: 2864
  • Lot Acreage: 0.2400
  • Lot Dimensions: 104x107
  • Probate: No
  • Stories: 1
  • Year Built: 1997
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Cathedral-Vaulted Ceilings, Detached/No Common Walls, Open Floor Plan, Drywall Walls
  • Fireplace Rooms: Gas, Living Room, Dining
  • Flooring: Hardwood
  • Appliances: Built-In Gas, Built-Ins, Cooktop - Gas, Double Oven, Range
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Ground Floor Master, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area, Family Room, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Counters
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 1552.03

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: Gazebo
  • Tennis Court Y/N: No
  • Foundation Details: Slab, Raised
  • Fence: Wood, Wire, Wrought Iron
  • Patio: Covered, Deck(s)
  • Pool Description: Heated And Filtered, In Ground, Fenced, Private
  • Pool: Yes
  • Roof: Tar and Gravel
  • Spa Yn: No
  • View: City Lights, Coastline, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car, Private
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas, Central Water Heater
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Owned, Smoke Detector
  • Sewer: On Site, Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 400.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4450-015-033
  • Lot Description: Curbs, Front Yard, Sidewalks
  • Lot Size Area: 10456

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Wahba Sherif and Wahba Salwa
Bought by
Casa Wahba Llc
Current Estimated Value
$4,547,028

Purchase Details

Listed on
Jul 26, 2022
Closed on
Oct 11, 2022
Sold by
Jamison Tomasina
Bought by
Wahba Sherif and Wahba Salwa
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Brendan Varela
Guide Real Estate
List Price
$4,495,000
Sold Price
$4,100,000
Premium/Discount to List
-$395,000
-8.79%
Views
210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$2,870,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2020
Sold by
Jamison Tomasina and Esformes Joseph Emanuel
Bought by
Jamison Tomasina

Purchase Details

Closed on
Sep 30, 2019
Sold by
Selvaggio Piero W
Bought by
Jamison Tomasina and Esformes Joseph Emanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2019
Sold by
Esformes Joseph Emanuel
Bought by
Jamison Tomasina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2013
Sold by
Selvaggio Piero W
Bought by
Selvaggio Piero W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2013
Sold by
Selvaggio Anna Skor
Bought by
Selvaggio Piero W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2001
Sold by
Angelo Michael
Bought by
Cole Simon

Purchase Details

Closed on
Mar 29, 1995
Sold by
Selvaggio Piero
Bought by
Selvaggio Piero W
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 Buyer Sale Price Title Company
Casa Wahba Llc -- None Listed On Document
Wahba Sherif $4,190,909 Fidelity National Title
Jamison Tomasina -- None Listed On Document
Jamison Tomasina $3,000,000 Equity Title Los Angeles
Esformes Joseph Eamuel -- Equity Title Los Angeles
Jamison Tomasina -- Equity Title Los Angeles
Selvaggio Piero W -- None Available
Selvaggio Piero W -- None Available
Cole Simon $499,000 Fidelity Title
Selvaggio Piero W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Wahba Llc $500,000
Previous Owner Wahba Sherif $2,870,000
Previous Owner Jamison Tomasina $100,000
Previous Owner Selvaggio Piero W $625,500
Previous Owner Selvaggio Piero W $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $4,100,000 -7.8% $1,432 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
08/28/2022 08/28/22 Price Changed $4,445,000 -1.1% $1,552 / Sq Ft
07/26/2022 07/26/22 For Sale $4,495,000 0.0% $1,569 / Sq Ft
01/02/2018 01/02/18 Rented $12,500 -3.5% --
11/09/2017 11/09/17 Price Changed $12,950 -13.7% $4 / Sq Ft
08/01/2017 08/01/17 For Rent $15,000 +7.1% --
05/07/2016 05/07/16 Rented $14,000 -6.7% --
03/01/2016 03/01/16 For Rent $15,000 -- --
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 $46,633 $3,876,000 $3,141,600 $734,400
2023 $45,732 $3,800,000 $3,080,000 $720,000
2022 $36,027 $2,937,116 $2,164,191 $772,925
2021 $35,153 $2,879,526 $2,121,756 $757,770
2019 $4,888 $252,752 $90,967 $161,785
2018 $4,595 $247,797 $89,184 $158,613
2016 $4,373 $238,176 $85,722 $152,454
2015 $4,314 $234,599 $84,435 $150,164
2014 $4,283 $230,005 $82,782 $147,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-182971

The MLS

APN: 4450-015-033