NOT LISTED FOR SALE

Estimated Value: $3,694,105 - $4,256,000

3 Beds
2.5 Baths
3,020 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $4,095,000 $1,356 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $24,952/month

192 Days on Market

Highlights

  • Ocean View
  • Family Room with Fireplace
  • Modern Architecture
  • Webster Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2024

Brand new and completely turnkey in Big Rock! Renovated from the studs up using only the finest materials, this modern single-level home offers contemporary living in eastern Malibu's most desirable neighborhood with breathtaking views of the ocean, Palos Verdes, Catalina, and Queen's Necklace. Just completed in the Fall of 2023, the home was beautifully designed with luxury finishes including White Oak floors, Milgard doors and windows, and warm wood tones throughout. Upon entry, the open living room welcomes you with soaring ceilings, large picture windows, a fireplace, and sliding glass doors that lead out to an ocean view patio with built-in Ipe seating. The living area seamlessly flows into a dining area, perfect for hosting gatherings both large and small. The well-appointed gourmet kitchen is a chef's delight, fully equipped with custom cabinetry, quartz countertops, a huge center island with a breakfast bar, and luxury appliances. Embodying open-concept living, the kitchen opens to a large family room offering a marble fireplace and beautiful natural light through a plethora of windows and skylights. Outside, the backyard is a peaceful, park-like oasis with a sprawling yard, mature trees, ocean view seating area, and expansive patio perfect for entertaining and al fresco dining. The primary suite is light and bright with a large private patio and spa-like bathroom offering dual vanities, a wet-room with a shower, and a soaking tub. There are two additional bedrooms with a jack and jill bathroom in addition to an office, laundry room, and 2-car garage. The mechanical systems are entirely new including the roof, plumbing, HVAC, and electrical circuits. This coastal retreat is perfectly located minutes from Pacific Coast Highway and moments to Pacific Palisades, Santa Monica, Malibu, sandy beaches, and incredible hiking trails. This is a rare opportunity to be the first owner of a brand new enclave in one of Malibu's most desirable neighborhoods, ready now to be enjoyed!

Last Listed By

Russell Grether

Compass License #01836632 Listed on: 12/02/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,548

Year Built

  • Built in 1970

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 97x170
  • Property is zoned LCR120000*

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 3,020 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 5 Parking Spaces
  • Driveway

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4450-014-067

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,548

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3020
  • Lot Acreage: 0.3884
  • Lot Dimensions: 97x170
  • Stories: 1
  • Year Built: 1970
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Microwave, Built-Ins
  • Price Per S Q F T: 1406.95

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Mountains, Catalina, City Lights, Coastline
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4450-014-067
  • Lot Size Area: 16918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Jun 19, 2024
Sold by
Ira Derek Duke Roth and First Savings Bank Inc
Bought by
John And Fredda Ellis Revocable Living Trust and Ellis
Seller's Agent
Russell Grether
Compass
Buyer's Agent
Fredda Ellis
Fredda Lindsey Ellis
List Price
$5,195,000
Sold Price
$4,095,000
Premium/Discount to List
-$1,100,000
-21.17%
Total Days on Market
192
Views
217
Current Estimated Value
$3,966,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,632
Avg. Annual Appreciation
-0.88%

Purchase Details

Closed on
Jun 24, 2022
Sold by
Eleanor C Criswell Living Trust
Bought by
First Savings Bank

Purchase Details

Closed on
Dec 13, 2011
Sold by
Criswell Eleanor
Bought by
Criswell Eleanor C and The Eleanor C Criswell Living Trust

Purchase Details

Closed on
Apr 8, 1999
Sold by
Knack Kara
Bought by
Roberts Pernell

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
John And Fredda Ellis Revocable Living Trust $4,095,000 Consumers Title Company
First Savings Bank $2,800,000 First American Title Company O
Criswell Eleanor C -- None Available
Roberts Pernell -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $4,095,000 -3.6% $1,356 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $4,249,000 -7.6% $1,407 / Sq Ft
04/26/2024 04/26/24 Price Changed $4,599,000 -6.1% $1,523 / Sq Ft
01/18/2024 01/18/24 Price Changed $4,899,900 -5.7% $1,622 / Sq Ft
12/02/2023 12/02/23 For Sale $5,195,000 -- $1,720 / 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
2024 $35,548 $2,913,120 $2,330,496 $582,624
2023 $34,846 $2,856,000 $2,284,800 $571,200
2022 $11,069 $789,814 $465,683 $324,131
2021 $10,764 $774,328 $456,552 $317,776
2019 $10,530 $751,362 $443,011 $308,351
2018 $10,048 $736,630 $434,325 $302,305
2016 $9,571 $708,027 $417,460 $290,567
2015 $9,440 $697,393 $411,190 $286,203
2014 $9,329 $683,733 $403,136 $280,597
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-335325

The MLS

APN: 4450-014-067