NOT LISTED FOR SALE

21590 Paseo Serra Malibu, CA 90265

La Costa Beach Neighborhood

Estimated Value: $5,116,000 - $9,116,000

5 Beds
6 Baths
6,031 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $7,000,000 $1,161 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $47,364/month

59 Days on Market

Highlights

  • Ocean View
  • Tennis Courts
  • Two Primary Bedrooms
  • Webster Elementary School Rated A
  • Heated In Ground Pool
  • 31,040 Sq Ft lot

About This Home

As of September 2018

Breathtaking panoramic ocean and city lights views from this just completed designer-ready furnished Mediterranean style home, constructed in 2012 and remodeled with designer finishes and new landscaping in 2016. Situated above La Costa Beach on three legal lots with 162' of frontage, this stunning home features two possible ocean view master suites, three additional bedrooms, great room, separate family room, home theater, beautiful ocean view eat-in gourmet kitchen, separate dining room, ocean view office and elevator. 5th bedroom with separate entry could work as additional office or gym. Fireplace in living room and master bedroom suite. Infinity saltwater pool & spa, plus multiple patios for entertaining, generous grassy yard and fruit trees. Two car enclosed garage plus 4 additional parking. La Costa Beach Club and Tennis Court rights available.

Last Agent to Sell the Property

Irene Dazzan

The Agency License #00597226 Listed on: 06/08/2018

The Agency

Co-Listed By

Sandro Dazzan

The Agency License #01418033

The Agency

Last Buyer's Agent

Sandro Dazzan

The Agency License #01418033

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,049

Year Built

  • Built in 2012

Lot Details

  • 0.71 Acre Lot
  • Property is zoned LCR110

Parking

  • 6 Parking Spaces

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 6,031 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Library

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Additional Features

  • Tennis Courts
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4451-017-040

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,049

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 6031
  • Stories: 3
  • Year Built: 2012
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1309.90

Exterior Features

  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: City Lights, Coastline, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4451-017-040
  • Geocode Override: No
  • Lot Size Area: 31040

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 15, 2018
Sold by
Elliot Pearl and Elliot Marvin
Bought by
Aryan Ali Reza and Masoudfar Aryan Tala Soheyla
Seller's Agent
Irene Dazzan
The Agency
Buyer's Agent
Sandro Dazzan
The Agency
List Price
$7,900,000
Sold Price
$7,000,000
Premium/Discount to List
-$900,000
-11.39%
Current Estimated Value
$7,387,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,807
Avg. Annual Appreciation
1.36%
Original Mortgage
$4,500,000
Outstanding Balance
$3,924,268
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,774,206

Purchase Details

Closed on
Jul 21, 2016
Sold by
Elliot Marvin and Elliot Pearl
Bought by
Elliot Marvin and Elliot Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 24, 2013
Closed on
Sep 3, 2014
Sold by
Joseph Alfred S and Joseph Darcy H
Bought by
The M & P Elliot Family Trust
Seller's Agent
Ray Joseph
Radius Agent Realty
Buyer's Agent
Irene Dazzan
The Agency
List Price
$5,799,000
Sold Price
$4,950,000
Premium/Discount to List
-$849,000
-14.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
Feb 5, 2005
Sold by
Joseph A S and Joseph Darcy H
Bought by
Joseph Alfred S and Joseph Darcy H

Purchase Details

Closed on
Sep 9, 1997
Sold by
Salisbury Cynthia
Bought by
Joseph A S and Joseph Darcy H

Purchase Details

Closed on
Jun 4, 1996
Sold by
Eastern Svgs Bank Fsb
Bought by
Salisbury Cynthia

Purchase Details

Closed on
Feb 12, 1996
Sold by
Rubin Michael B and Rubin Susan G
Bought by
Eastern Svgs Bank Fsb
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
Aryan Ali Reza $7,000,000 Lawyers Title Company
Elliot Marvin -- Stewart Title Of California
The M & P Elliot Family Trust -- None Available
Joseph Alfred S -- --
Joseph A S $355,000 Progressive Title Company
Salisbury Cynthia -- Progressive Title Company
Salisbury Cynthia $280,000 Stewart Title
Eastern Svgs Bank Fsb -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aryan Ali Reza $400,000
Open Aryan Ali Reza $4,500,000
Previous Owner Elliot Marvin $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $7,000,000 -11.4% $1,161 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $7,900,000 0.0% $1,310 / Sq Ft
06/23/2017 06/23/17 Rented $25,000 -15.3% --
05/17/2017 05/17/17 For Rent $29,500 +47.5% --
01/23/2017 01/23/17 Rented $20,000 -37.4% --
08/26/2016 08/26/16 Price Changed $31,950 -19.1% $5 / Sq Ft
08/01/2016 08/01/16 For Rent $39,500 0.0% --
09/09/2014 09/09/14 Sold $4,950,000 -5.7% $821 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
02/15/2014 02/15/14 Price Changed $5,250,000 -4.5% $871 / Sq Ft
12/05/2013 12/05/13 Price Changed $5,499,000 -5.2% $912 / Sq Ft
06/24/2013 06/24/13 For Sale $5,799,000 +17.2% $962 / Sq Ft
06/22/2013 06/22/13 Off Market $4,950,000 -- --
06/08/2013 06/08/13 For Sale $5,799,000 -- $962 / 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 $89,049 $7,238,600 $4,919,438 $2,319,162
2024 $89,049 $7,655,519 $5,358,864 $2,296,655
2023 $87,414 $7,505,412 $5,253,789 $2,251,623
2022 $86,370 $7,358,248 $5,150,774 $2,207,474
2021 $84,348 $7,213,970 $5,049,779 $2,164,191
2019 $82,719 $7,000,000 $4,900,000 $2,100,000
2018 $60,114 $5,228,515 $3,398,007 $1,830,508
2016 $57,932 $5,025,487 $3,266,059 $1,759,428
2015 $57,159 $4,950,000 $3,217,000 $1,733,000
2014 $29,415 $2,494,114 $462,406 $2,031,708
Source: Public Records

Agents Affiliated with this Home

  • Irene Dazzan

    Seller's Agent in 2018

    Irene Dazzan

    The Agency

    (310) 418-3777

    2 in this area

    53 Total Sales

    Irene Dazzan
    Section Image
  • Sandro Dazzan

    Seller Co-Listing Agent in 2018

    Sandro Dazzan

    The Agency

    (310) 435-7556

    2 in this area

    98 Total Sales

    Sandro Dazzan
    Section Image
  • Brad Keyes

    Buyer's Agent in 2017

    Brad Keyes

    Keyes Real Estate

    (310) 367-3372

    176 Total Sales

    Brad Keyes
    Section Image
  • Anthony Marguleas

    Buyer's Agent in 2017

    Anthony Marguleas

    Amalfi Estates

    (310) 293-9280

    1 in this area

    311 Total Sales

    Anthony Marguleas
    Section Image
  • Ryan Sypek

    Buyer Co-Listing Agent in 2017

    Ryan Sypek

    Compass

    (323) 422-2422

    87 Total Sales

    Ryan Sypek
    Section Image
  • Ray Joseph

    Seller's Agent in 2014

    Ray Joseph

    Radius Agent Realty

    (310) 545-7295

    31 Total Sales

    Ray Joseph
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-352700

The MLS

APN: 4451-017-040

California Los Angeles County Malibu 90265 La Costa Beach

21590 Paseo Serra, Malibu, CA

This home is located at 21590 Paseo Serra, Malibu, CA 90265 since 08 June 2018 and is currently estimated at $7,387,807, approximately $1,224 per square foot. This property was built in 2012. 21590 Paseo Serra 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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