$2,225,000
SOLD JAN 21, 2014

21070 Las Flores Mesa Dr Malibu, CA 90265

4 Beds
5 Baths
5,340 Sq Ft
0.5 Acres

Recently Sold

$417 Per Sq Ft

17% Below List Price

108 Days on Market

Highlights

  • Ocean View
  • Maid or Guest Quarters
  • Bonus Room
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • 2-minute walk to Las Flores Creek Park

About This Home

As of March 2022

Reminiscent of the Hollywood Hills in feel and character. This centrally located contemporary boasts an ocean view with clean lines and approximately 5,340 square feet of living space, and located within walking distance to Duke's and La Costa Mission Restaurants. Included in this unusual offering is a contiguous lot, 21100 Las Flores Mesa with prior plans for a guest house, which is currently used as a garden and flows nicely from the main house to sun filled open spaces, fruit trees and a walking path to Las Flores Park. Grand rooms, high ceilings, skylights, three fireplaces, elevator and ocean view balconies. Master bedroom with his and her bathrooms, wardrobe areas and balcony, den with kitchenette and fireplace, bonus hobby or wine room with outside entrance, outside guest suite with separate entrance and solar panels on roof. LA County Tax Records show the Residence as having 3 Bedrooms and 5 Baths and there are currently 4 bedrooms and 5.5 Baths with the existing configuration.

Last Agent to Sell the Property

Marcus Beck

Sotheby's International Realty License #00971376 Listed on: 08/09/2013

Co-Listed By

Barry Kinyon

Compass License #01097786

Last Buyer's Agent

Jennifer Chrisman

Compass License #01325526

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,304

Year Built

  • Built in 1992

Lot Details

  • 0.5 Acre Lot
  • Property is zoned LCR12L

Parking

  • Attached Garage

Property Views

  • Ocean
  • Canyon

Interior Spaces

  • 5,340 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Center Hall
  • Oven or Range
  • Alarm System
  • Laundry Room

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4450-026-072

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,304

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 5340
  • Planned Urban Dev: 0
  • Year Built: 1992
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Mixed, Terrazzo
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Central Vacuum, Range/Oven, Refrigerator
  • Price Per S Q F T: 467.23

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4450-026-072
  • Geocode Override: No
  • Lot Size Area: 21767

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Wagner Keith and Wagner Kimberly
Bought by
Champagne View Llc
Current Estimated Value
$5,541,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,465,773
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$2,271,374

Purchase Details

Closed on
Aug 24, 2024
Sold by
Champagne View Llc
Bought by
Wagner Keith and Wagner Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,465,773
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$2,271,374

Purchase Details

Closed on
Sep 8, 2021
Sold by
Joseph Simpson
Bought by
Champagne View Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,730,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2015
Sold by
Torrey Michael J and Michael J Torrey Trust
Bought by
Simpson Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,400
Interest Rate
3.76%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Aug 9, 2013
Closed on
Dec 16, 2013
Sold by
Perrin Stephen J and Perrin Dennis J
Bought by
Torrey Michael J and Michael J Torrey Trust
Seller's Agent
Marcus Beck
Sotheby's International Realty
Buyer's Agent
Jennifer Chrisman
Compass
List Price
$2,695,000
Sold Price
$2,225,000
Premium/Discount to List
-$470,000
-17.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$1,075,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 1997
Sold by
Perrin Jack B and Perrin Illah B
Bought by
Perrin Jack B and Perrin Illah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.37%

Purchase Details

Closed on
Dec 26, 1996
Sold by
Fletcher Steven R and Fletcher Christine Kullin
Bought by
Perrin Jack B and Perrin Iuah B

Purchase Details

Closed on
May 3, 1994
Sold by
Perrin Jack B and Perrin Illah B
Bought by
Perrin Jack B and Perrin Illah B
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 Type Sale Price Title Company
Grant Deed -- First Integrity Title Company
Grant Deed -- First Integrity Title Company
Grant Deed $3,900,000 First American Title Company O
Grant Deed $3,758,000 California Title Company
Grant Deed -- California Title Company
Interfamily Deed Transfer -- United Title Company
Grant Deed $115,000 Chicago Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 New Conventional
Previous Owner $615,000 New Conventional
Previous Owner $2,730,000 New Conventional
Previous Owner $500,400 Stand Alone Second
Previous Owner $1,075,000 Adjustable Rate Mortgage/ARM
Previous Owner $600,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $3,900,000 -13.2% $730 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
07/07/2021 07/07/21 Price Changed $4,495,000 -7.3% $842 / Sq Ft
06/15/2021 06/15/21 Price Changed $4,850,000 -2.0% $908 / Sq Ft
05/25/2021 05/25/21 For Sale $4,950,000 0.0% $927 / Sq Ft
08/25/2020 08/25/20 Rented $14,500 0.0% --
08/21/2020 08/21/20 For Rent $14,500 0.0% --
01/21/2014 01/21/14 Sold $2,225,000 -10.8% $417 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
10/28/2013 10/28/13 Price Changed $2,495,000 -7.4% $467 / Sq Ft
08/09/2013 08/09/13 For Sale $2,695,000 -- $505 / 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 $44,304 $2,997,912 $2,122,416 $875,496
2024 $44,304 $3,745,440 $2,601,000 $1,144,440
2023 $43,471 $3,672,000 $2,550,000 $1,122,000
2022 $50,497 $4,256,044 $1,700,152 $2,555,892
2021 $49,301 $4,172,593 $1,666,816 $2,505,777
2019 $48,349 $4,048,833 $1,617,378 $2,431,455
2018 $45,864 $3,969,445 $1,585,665 $2,383,780
2016 $44,189 $3,815,309 $1,524,093 $2,291,216
2015 $25,558 $2,167,355 $1,356,777 $810,578
2014 $13,929 $1,136,229 $33,902 $1,102,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-695359

The MLS

APN: 4450-026-072