NOT LISTED FOR SALE

21408 Pacific Coast Hwy Malibu, CA 90265

Carbon Beach Neighborhood

Estimated Value: $5,524,000 - $11,856,555

5 Beds
5.5 Baths
4,500 Sq Ft
$1,923/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $7,925,000 $1,761 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $56,460/month

39 Days on Market

Highlights

  • Ocean Front
  • 24-Hour Security
  • Marble Flooring
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Den

About This Home

As of April 2012

Email Agent for Showing Request - Exclusive sandy La Costa Beach! European Villa with walled Italian garden entry. 5 beds, 5 baths. Main level: light infused living room w/FP, dining room, all stainless steel gourmet kitch. & powder room. Second level: wood paneled office/den w/elegant marble bath, huge master suite w/FP, enormous walk-in closet and luxurious marble bath. Third level: 2 oceanfront bedrooms lead out to terrace w/spa and mesmerizing ocean views, 2 baths and guest room. Exceptional quality and detail throughout.

Last Agent to Sell the Property

Jonah Wilson

Carolwood Estates License #01078809 Listed on: 01/30/2012

Carolwood Estates

Last Buyer's Agent

Branden Williams

The Beverly Hills Estates License #01774287

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,761

Year Built

  • Built in 1955

Lot Details

  • 6,856 Sq Ft Lot
  • Ocean Front
  • Gated Home
  • Property is zoned LCR1*

Property Views

  • Ocean
  • City Lights

Home Design

  • Villa

Interior Spaces

  • 4,500 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Library
  • Center Hall
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Phone System
  • Cable TV Available

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4451-002-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$112,761

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4500
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1955
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Wood Burning
  • Flooring: Hardwood, Marble, Mixed
  • Bedrooms: 5
  • Fireplaces: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage, Inside
  • Total Bathrooms: 5.50
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1954.44

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Private
  • View: City Lights, Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Gated, Owned, T.V.

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Horses: No
  • Assessor Parcel Number: 4451-002-031
  • Lot Size Area: 6856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2012
Closed on
Mar 29, 2012
Sold by
Guarracino Michael G and The Minnie Trust
Bought by
21408 Pch Llc
Seller's Agent
Jonah Wilson
Carolwood Estates
Buyer's Agent
Branden Williams
The Beverly Hills Estates
List Price
$8,795,000
Sold Price
$7,925,000
Premium/Discount to List
-$870,000
-9.89%
Current Estimated Value
$8,654,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,185
Avg. Annual Appreciation
0.66%

Purchase Details

Closed on
Apr 9, 1998
Sold by
Harris Steven I and Harris Joyce P
Bought by
California Patriot Ltd Liability Company
Source: Public Records

Range of Values:

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Average Value
Not Available
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
21408 Pch Llc $7,925,079 Fatcola
California Patriot Ltd Liability Company -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guarracino Michael G $500,000
Previous Owner Guarracino Michael G $7,350,000
Previous Owner Guarracino Michael $1,770,000
Previous Owner Guarracino Michael G $4,854,888
Previous Owner Guarracino Michael G $1,265,112
Previous Owner Guarracino Michael G $3,570,000
Previous Owner Guarracino Michael G $1,310,000
Previous Owner Harris Steven I $1,774,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2012 04/06/12 Sold $7,925,000 -9.9% $1,761 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $8,795,000 -- $1,954 / 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 $112,761 $5,306,839 $5,306,839 --
2024 $112,761 $9,759,062 $8,004,282 $1,754,780
2023 $110,644 $9,567,709 $7,847,336 $1,720,373
2022 $109,360 $9,380,108 $7,693,467 $1,686,641
2021 $106,855 $9,196,185 $7,542,615 $1,653,570
2019 $104,790 $8,923,423 $7,318,898 $1,604,525
2018 $99,599 $8,748,455 $7,175,391 $1,573,064
2016 $96,074 $8,408,744 $6,896,763 $1,511,981
2015 $94,756 $8,282,438 $6,793,168 $1,489,270
2014 $93,311 $8,120,198 $6,660,100 $1,460,098
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jonah Wilson

    Carolwood Estates

    (310) 623-3616

    1 in this area

    47 Total Sales

    Jonah Wilson
    Section Image
  • Branden Williams

    Buyer's Agent in 2012

    Branden Williams

    The Beverly Hills Estates

    (310) 278-3311

    6 in this area

    196 Total Sales

    Branden Williams
    Section Image
  • Rayni Williams

    Buyer Co-Listing Agent in 2012

    Rayni Williams

    The Beverly Hills Estates

    (310) 925-9281

    3 in this area

    163 Total Sales

    Rayni Williams
    Section Image
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Map

Source: The MLS

MLS Number: 12-578651

The MLS

APN: 4451-002-031

California Los Angeles County Malibu 90265 Carbon Beach

21408 Pacific Coast Hwy, Malibu, CA

This home is located at 21408 Pacific Coast Hwy, Malibu, CA 90265 since 30 January 2012 and is currently estimated at $8,654,185, approximately $1,923 per square foot. This property was built in 1955. 21408 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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