NOT LISTED FOR SALE

Estimated Value: $4,197,021 - $5,923,000

3 Beds
4 Baths
3,295 Sq Ft
$1,547/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $3,525,000 $1,070 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $31,334/month

37 Days on Market

Highlights

  • Ocean View
  • Spa
  • Contemporary Architecture
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of May 2019

Stunning Contemporary home with panoramic ocean and whitewater views! Fantastic open floor plan with soaring ceilings, wide plank French oak wood floors and retractable glass doors that enhance the Malibu skyline. Living room with stone glass fireplace. Gourmet kitchen with stainless top center island. Private office. Large covered deck that showcases the ocean views. Elegant master suite featuring a marble bath with steam shower. There are two additional bedrooms. There is appox a 400 square foot gym on the lower level which is not reflected in the square footage of the home. Lush landscaped backyard with Arizona flag stone patio. Short walk to the coveted private La Costa Beach Club. All rights included in the sale. 2 car garage. Beautiful living in Malibu that offers a short commute to Santa Monica and the Westside!

Last Agent to Sell the Property

Steve Frankel

Coldwell Banker Realty License #01195571 Listed on: 12/10/2018

Coldwell Banker Realty

Last Buyer's Agent

Lynette Bishop

Compass License #00837359

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,303

Year Built

  • Built in 2002

Lot Details

  • 5,602 Sq Ft Lot
  • Property is zoned LCR3YY

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Panoramic

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,295 Sq Ft Home
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Home Gym
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 4 Full Bathrooms

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4451-022-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,303

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3295
  • Year Built: 2002
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 1198.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Private
  • Spa Yn: Yes
  • View: Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4451-022-053
  • Geocode Override: No
  • Lot Size Area: 5602

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Pal Dharam and Pal Vijay
Bought by
Dharam & Vijay Pal Trust
Current Estimated Value
$5,097,340

Purchase Details

Listed on
Dec 10, 2018
Closed on
Apr 11, 2019
Sold by
21370 Rambla Vista Llc
Bought by
Pal Dharam and Pal Vijay
Seller's Agent
Steve Frankel
Coldwell Banker Realty
Buyer's Agent
Lynette Bishop
Compass
List Price
$3,950,000
Sold Price
$3,525,000
Premium/Discount to List
-$425,000
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$2,291,250
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 3, 2016
Closed on
Apr 11, 2016
Sold by
Woods R Glen
Bought by
21370 Rambla Vista Llc
Seller's Agent
David Yobs
Berkshire Hathaway HomeServices California Properties
List Price
$3,795,000
Sold Price
$3,500,000
Premium/Discount to List
-$295,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$365,000
Interest Rate
3.64%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 11, 2015
Closed on
Apr 14, 2015
Sold by
Martin Romey J
Bought by
Woods R Glen and Martin 2010 Trust
Seller's Agent
David Yobs
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
David Yobs
Berkshire Hathaway HomeServices California Properties
List Price
$2,995,000
Sold Price
$2,810,000
Premium/Discount to List
-$185,000
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.66%
Original Mortgage
$350,000
Interest Rate
3.64%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 11, 2015
Closed on
Feb 9, 2015
Sold by
Delrahim Mekal
Bought by
Martin Romey J
Seller's Agent
David Yobs
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
David Yobs
Berkshire Hathaway HomeServices California Properties
List Price
$2,995,000
Sold Price
$2,810,000
Premium/Discount to List
-$185,000
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,107,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 4, 2011
Sold by
Delrahim Makan and Delrahim Makan
Bought by
Delrahim Makan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,505,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2006
Sold by
Greenfield Barry and Costa Del Sol Trust
Bought by
Delrahim Makan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Mclean Alexander J
Bought by
Greenfield Barry and Costa Del Sol Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 20, 2003
Sold by
Mishkan Hamid Moosa and Mishkan Evleen
Bought by
Greenfield Barry and Costa Del Sol Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,092,000
Interest Rate
5.5%
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 Buyer Sale Price Title Company
Dharam & Vijay Pal Trust -- None Listed On Document
Pal Dharam $3,525,000 Lawyers Title
21370 Rambla Vista Llc $3,500,000 Fidelity Sherman Oaks
Woods R Glen -- None Available
Martin Romey J $2,810,000 Ticor Title
Delrahim Makan -- Fidelity National Title Co
Delrahim Makan -- Fidelity National Title Co
Delrahim Makan $2,150,000 Fatcola
Greenfield Barry -- --
Mclean Alexander J -- Investors Title
Greenfield Barry -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pal Dharam $2,450,000
Previous Owner Pal Dharam $2,291,250
Previous Owner Martin Romey J $365,000
Previous Owner Martin Romey J $350,000
Previous Owner Martin Romey J $2,107,500
Previous Owner Delrahim Makan $1,505,000
Previous Owner Delrahim Makan $1,505,000
Previous Owner Delrahim Makan $310,000
Previous Owner Delrahim Makan $1,720,000
Previous Owner Greenfield Barry L $900,000
Previous Owner Mclean Alexander J $200,000
Previous Owner Greenfield Barry $1,092,000
Previous Owner Mishkan Hamid Moosa $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $3,525,000 -10.8% $1,070 / Sq Ft
12/10/2018 12/10/18 For Sale $3,950,000 0.0% $1,199 / Sq Ft
10/18/2017 10/18/17 Rented $11,500 0.0% --
09/27/2017 09/27/17 For Rent $11,500 0.0% --
05/02/2016 05/02/16 Sold $3,500,000 -7.8% $1,062 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
01/03/2016 01/03/16 For Sale $3,795,000 +35.1% $1,152 / Sq Ft
03/20/2015 03/20/15 Sold $2,810,000 -6.2% $853 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $2,995,000 -- $909 / 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 $45,303 $3,609,759 $2,831,185 $778,574
2024 $45,303 $3,855,098 $3,084,080 $771,018
2023 $44,448 $3,779,508 $3,023,608 $755,900
2022 $43,885 $3,705,401 $2,964,322 $741,079
2021 $42,851 $3,632,748 $2,906,199 $726,549
2019 $44,221 $3,714,226 $1,785,906 $1,928,320
2018 $42,009 $3,641,399 $1,750,889 $1,890,510
2016 $33,166 $2,852,851 $1,476,985 $1,375,866
2015 $28,035 $2,396,760 $1,449,204 $947,556
2014 -- $2,349,812 $1,420,817 $928,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-414532

The MLS

APN: 4451-022-053