$5,185,000
SOLD JUL 30, 2020

20816 Pacific Coast Hwy Malibu, CA 90265

3 Beds
2 Baths
1,250 Sq Ft
5,936 Sq Ft Lot

Recently Sold

$4,148 Per Sq Ft

4% Below List Price

30 Days on Market

Highlights

  • Ocean View
  • Spa
  • Wood Flooring
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • Furnished

About This Home

As of June 2022

Quintessential beach house with charm and elegance on 42 feet of beach frontage. Located on sandy Las Flores beach walking distance to desirable surf break. This home sold fully furnished offers a bright and open floor plan with living room, fireplace, hardwood floors and high beamed ceilings. Chef's kitchen with top-of-the-line appliance and granite countertops with breakfast bar. Newly added 3rd bedroom and 2 additional bedrooms downstairs all open to large beach deck with jacuzzi. Chic redone bathrooms and master bath with steam shower. This is the perfect beach home for entertaining.. Close to markets, restaurants and some of the most beautiful beaches in Malibu. No commercial or residential properties across the street offer additional parking.

Last Agent to Sell the Property

Irene Dazzan

The Agency License #00597226 Listed on: 05/27/2020

The Agency

Co-Listed By

Tessa Johnson

Compass License #01056486

Last Buyer's Agent

Tori Horowitz

Compass License #01703353

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,368

Year Built

  • Built in 2005

Lot Details

  • 5,936 Sq Ft Lot
  • Property is zoned LCR303

Parking

  • On-Street Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Bungalow

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Breakfast Bar
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Spa

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4450-008-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,368

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1250
  • Stories: 2
  • Year Built: 2005
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 4300.00

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4450-008-034
  • Geocode Override: No
  • Lot Size Area: 5936

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 20, 2020
Sold by
20816 Pch Llc
Bought by
Sarna Phil and The Bermuda Bi Annual Trust
Seller's Agent
Irene Dazzan
The Agency
Buyer's Agent
Tori Horowitz
Compass
List Price
$5,375,000
Sold Price
$5,185,000
Premium/Discount to List
-$190,000
-3.53%
Current Estimated Value
$6,254,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,049
Avg. Annual Appreciation
3.74%
Original Mortgage
$3,370,250
Outstanding Balance
$3,016,218
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$3,237,831

Purchase Details

Closed on
Mar 12, 2009
Sold by
Schroder Richard
Bought by
20816 Pch Llc

Purchase Details

Closed on
Feb 8, 2007
Sold by
La Bar Land Rental Inc
Bought by
Schroder Richard and Schroder Andrea

Purchase Details

Closed on
Jul 5, 2006
Sold by
Cortazzo Christopher
Bought by
L A Bar Land Rental Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
7.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 8, 2005
Sold by
Cortazzo Christopher Kirby
Bought by
Cortazzo Christopher and Christopher Cortazzo Trust

Purchase Details

Closed on
Apr 21, 2004
Sold by
Husmann John Steven
Bought by
Cortazzo Christopher Kirby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2000
Sold by
Lamb Clifton G
Bought by
Husmann John Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.87%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Hamel Alan
Bought by
Lamb Clifton G and The Galway Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Security Trust Company
Bought by
Hamel Alan and Hamel Suzanne Somers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 13, 1994
Sold by
Hamel Alan
Bought by
Security Trust Company and Trust #1965-0
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 Type Sale Price Title Company
Grant Deed $5,185,000 Equity Title Company
Quit Claim Deed -- None Available
Grant Deed -- Equity Title Company
Grant Deed $5,850,000 Equity Title Company
Interfamily Deed Transfer -- --
Grant Deed -- Equity Title Company
Grant Deed $867,000 First American Title Co
Quit Claim Deed -- North American Title Co
Quit Claim Deed -- North American Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,370,250 New Conventional
Previous Owner $2,850,000 Negative Amortization
Previous Owner $1,410,000 Purchase Money Mortgage
Previous Owner $648,500 Unknown
Previous Owner $650,000 No Value Available
Previous Owner $533,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $5,660,000 +2.9% $4,528 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $5,500,000 +6.1% $4,400 / Sq Ft
07/30/2020 07/30/20 Sold $5,185,000 -3.5% $4,148 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $5,375,000 0.0% $4,300 / Sq Ft
10/04/2017 10/04/17 Rented $30,000 0.0% --
04/06/2017 04/06/17 For Rent $30,000 -- --
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
2025 $68,368 $2,944,693 $2,944,693 --
2024 $68,368 $5,888,663 $4,441,467 $1,447,196
2023 $66,965 $5,773,200 $4,354,380 $1,418,820
2022 $61,965 $5,288,700 $4,080,000 $1,208,700
2021 $60,553 $5,185,000 $4,000,000 $1,185,000
2020 $73,120 $6,247,841 $4,998,277 $1,249,564
2019 $72,109 $6,125,335 $4,900,272 $1,225,063
2018 $68,554 $6,005,232 $4,804,189 $1,201,043
2016 $66,137 $5,772,044 $4,617,638 $1,154,406
2015 $65,225 $5,685,343 $4,548,277 $1,137,066
2014 $64,242 $5,573,976 $4,459,183 $1,114,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-583218

The MLS

APN: 4450-008-034