Seller's Agent in 2012
Shen Schulz
Sotheby's International Realty
(310) 980-8809
89 Total Sales
21531 Deerpath Ln Malibu, CA 90265
La Costa Beach NeighborhoodEstimated Value: $5,645,000 - $7,297,892
5
Beds
6
Baths
5,860
Sq Ft
$1,147/Sq Ft
Est. Value
Highlights
- Ocean View
- Attached Guest House
- Tennis Courts
- Webster Elementary School Rated A
- Horses Allowed On Property
- Heated In Ground Pool
About This Home
As of May 2012Authentic Spanish Colonial with ocean views, La Costa beach and tennis rights on +/-2.8AC. A quick drive up a secluded road connects you to this stunning estate featuring intricate Latin and Mediterranean influences. Built in traditional style with soaring wood beamed ceilings, plastered (not painted) walls, hand distressed walnut floors, reclaimed European Pavers (Ann Saks), Saltillo tiles, wire brushed, cedar exterior doors and shutters, hand made Mexican styled lights, a Spanish Clay roof, and even a staircase adorned by the famous Malibu Tiles. The home features custom made cabinets in every room, three bedrooms are suites with their own baths and deep walk in closets. Each room has a private balcony, patio or courtyard to extend the living space outside. The master suite has a steam shower, spa tub, wood ceiling, outdoor fireplace and a custom walk in closet. Sophisticated architecture blends in with the beauty of the ocean. Also for lease at $16,795/mo, annual.
Last Agent to Sell the Property
Sotheby's International Realty License #01327630 Listed on: 02/06/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $50,205
Year Built
- Built in 2005
Lot Details
- 2.82 Acre Lot
- Gated Home
- Property is zoned LCR11*
Property Views
- Ocean
- Mountain
Home Design
- Spanish Architecture
- Tile Roof
Interior Spaces
- 5,860 Sq Ft Home
- Built-In Features
- Bar
- Ceiling Fan
- Family Room
- Living Room with Fireplace
- 4 Fireplaces
- Dining Room
- Den with Fireplace
- Center Hall
- Alarm System
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Powder Room
- 6 Bathrooms
Parking
- Attached Garage
- Side by Side Parking
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Tennis Courts
- Covered Patio or Porch
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Septic Tank
- Phone System
- Cable TV Available
Additional Features
- Attached Guest House
- Horses Allowed On Property
Community Details
- Tennis Courts
Listing and Financial Details
- Assessor Parcel Number 4451-016-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2012
Closed on
Mar 27, 2012
Sold by
Klostermann Raymond A and Klostermann Melissa L
Bought by
Cranston David Edward and Cranston Beth Klein
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Lee Ziff
Keller Williams Beverly Hills
List Price
$3,650,000
Sold Price
$3,450,000
Premium/Discount to List
-$200,000
-5.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,271,631
Avg. Annual Appreciation
4.45%
Original Mortgage
$1,800,000
Outstanding Balance
$1,253,881
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$4,906,416
Purchase Details
Closed on
May 16, 2005
Sold by
Klostermann Raymond Adam and Klostermann Melissa Lynn
Bought by
Klosterman Raymond A
Purchase Details
Closed on
May 11, 2001
Sold by
Hancock John and Hancock Dorothy Tristan
Bought by
Klostermann Raymond Adam
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cranston David Edward | $3,450,000 | First American Title Company | |
| Klosterman Raymond A | -- | -- | |
| Klostermann Raymond Adam | $405,000 | South Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cranston David Edward | $1,800,000 | |
| Previous Owner | Cranston David Edward | $787,500 | |
| Previous Owner | Klostermann Raymond A | $889,000 | |
| Previous Owner | Klostermann Raymond A | $2,499,999 | |
| Previous Owner | Klostermann Raymond Adam | $725,000 | |
| Previous Owner | Klostermann Raymond Adam | $500,000 | |
| Previous Owner | Klostermann Raymond Adam | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2012 05/22/12 | Sold | $3,450,000 | -5.5% | $589 / Sq Ft |
| 03/20/2012 03/20/12 | Pending | -- | -- | -- |
| 02/06/2012 02/06/12 | For Sale | $3,650,000 | -- | $623 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $50,205 | $3,900,048 | $1,848,736 | $2,051,312 |
| 2024 | $50,205 | $4,248,418 | $2,013,873 | $2,234,545 |
| 2023 | $49,271 | $4,165,117 | $1,974,386 | $2,190,731 |
| 2022 | $48,658 | $4,083,449 | $1,935,673 | $2,147,776 |
| 2021 | $47,528 | $4,003,382 | $1,897,719 | $2,105,663 |
| 2019 | $46,606 | $3,884,642 | $1,841,433 | $2,043,209 |
| 2018 | $44,152 | $3,808,474 | $1,805,327 | $2,003,147 |
| 2016 | $42,536 | $3,660,588 | $1,735,225 | $1,925,363 |
| 2015 | $41,969 | $3,605,604 | $1,709,161 | $1,896,443 |
| 2014 | $41,387 | $3,534,976 | $1,675,681 | $1,859,295 |
Source: Public Records
Agents Affiliated with this Home
-
Shen Schulz
-
Lee Ziff
Buyer's Agent in 2012
Lee Ziff
Keller Williams Beverly Hills
(323) 491-3919
73 Total Sales
Map
Source: The MLS
MLS Number: 12-580207
APN: 4451-016-023
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