NOT LISTED FOR SALE

21701 Pacific Coast Hwy Malibu, CA 90265

La Costa Beach Neighborhood

Estimated Value: $3,474,497 - $4,143,000

4 Beds
3 Baths
2,498 Sq Ft
$1,535/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $2,500,000 $1,001 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $24,194/month

77 Days on Market

Highlights

  • White Water Ocean Views
  • In Ground Spa
  • Cape Cod Architecture
  • Webster Elementary School Rated A
  • Open Floorplan
  • Property is near public transit

About This Home

As of November 2019

Loaded with charm and beautifully maintained, this Cape Cod-style home is bright and spacious, with ocean views from almost every room and two decks. Great flow for indoor-outdoor living/entertaining, hardwood and tile floors, high ceilings. Ocean-view living room with fireplace opens to dining area and kitchen on one side and family room on the other. Dining area French doors open to huge ocean-view deck, and updated chef's kitchen has windows facing ocean and Channel Islands. Large family room has high ceilings, exposed beams, and doors to covered red-brick patio and private yard with lawn and in-ground hot tub. Huge, carpeted bonus room with wall of windows and French doors to whitewater-view deck could be bedroom, gym, entertainment room, or office. Four bedrooms upstairs include spacious master with high ceilings, ocean-view windows, and large bath. Two-car garage plus driveway and street parking. Property comes with rights to La Costa Beach and Tennis Club. A great Malibu address

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 08/21/2019

Compass

Last Buyer's Agent

Federico Rolon

Compass License #01909524

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,845

Year Built

  • Built in 1973

Lot Details

  • 7,209 Sq Ft Lot
  • Sprinkler System
  • Lawn
  • Back Yard
  • Property is zoned LCR110

Property Views

  • White Water Ocean
  • Panoramic

Home Design

  • Cape Cod Architecture
  • Turnkey

Interior Spaces

  • 2,498 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Mirrored Closets Doors
  • Powder Room
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Parking

  • 4 Car Attached Garage
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • In Ground Spa
  • Open Patio
  • Front Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Property is located within a water district
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4451-017-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,845

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 2498
  • Stories: 2
  • Year Built: 1973
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Detached/No Common Walls, High Ceilings (9 Feet+), Mirrored Closet Door(s), Open Floor Plan, Recessed Lighting, Storage Space, Turnkey
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Tile, Wood
  • Appliances: Built-Ins, Microwave, Oven-Gas, Range, Range Hood, Self Cleaning Oven
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Powder Room, Shower and Tub, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Family Room, In Kitchen, Living Room
  • Kitchen Features: Granite Counters, Pantry
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1078.86
  • Windows: Skylights

Exterior Features

  • Other Features: Energy Efficient, High Ceilings (9 Feet+), Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Brick, Covered, Patio Open, Porch - Front, Tile
  • Pool: No
  • Spa: Hot Tub, In Ground, Private
  • Spa Yn: Yes
  • View: Ocean, Panoramic, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car, On street, Parking for Guests, Private, Uncovered
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Security: Owned, Prewired for alarm system
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4451-017-031
  • Geocode Override: No
  • Lot Description: Back Yard, Lawn, Street Paved, Yard
  • Lot Location: City, Near Public Transit, Patio Home
  • Lot Size Area: 7209

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 30, 2019
Sold by
The Jarrett Family Living Trust
Bought by
Sktk Investment Partners Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Federico Rolon
Compass
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%
Current Estimated Value
$3,934,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,434,166
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Apr 10, 2006
Sold by
Jarrett Norman T and Jarrett Jean E
Bought by
Jarrett Norman T and Jarrett Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Sharp James B and Sharp Kelly F
Bought by
Jarrett Norman T and Jarrett Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Klein Howard and Klein Kathleen
Bought by
Sharp James B and Sharp Kelly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2004
Sold by
Lachman Deborah F
Bought by
Klein Howard and Klein Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Sktk Investment Partners Llc $2,500,000 California Title Company
Jarrett Norman T -- None Available
Jarrett Norman T $1,700,000 California Title Company
Sharp James B $1,850,000 First American Title Co
Klein Howard $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sktk Investment Partners Llc $1,250,000
Previous Owner Jarrett Norman T $1,190,000
Previous Owner Sharp James B $1,387,500
Previous Owner Klein Howard $880,000
Previous Owner Lachman Deborah F $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $2,500,000 -7.2% $1,001 / Sq Ft
08/21/2019 08/21/19 For Sale $2,695,000 0.0% $1,079 / Sq Ft
12/29/2013 12/29/13 Rented $7,750 0.0% --
12/29/2013 12/29/13 Under Contract -- -- --
11/27/2013 11/27/13 For Rent $7,750 -- --
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 $31,845 $2,460,701 $1,968,563 $492,138
2024 $31,845 $2,680,502 $2,144,403 $536,099
2023 $31,230 $2,627,944 $2,102,356 $525,588
2022 $30,816 $2,576,417 $2,061,134 $515,283
2021 $30,087 $2,525,900 $2,020,720 $505,180
2019 $25,136 $2,082,605 $1,666,088 $416,517
2018 $23,848 $2,041,770 $1,633,420 $408,350
2016 $22,976 $1,962,489 $1,569,994 $392,495
2015 $22,669 $1,933,012 $1,546,412 $386,600
2014 $22,335 $1,895,148 $1,516,120 $379,028
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2019

    Chris Cortazzo

    Compass

    (310) 457-3995

    7 in this area

    227 Total Sales

    Section Image
  • Federico Rolon

    Buyer's Agent in 2019

    Federico Rolon

    Compass

    (845) 249-9210

    50 Total Sales

    Section Image
  • Larry Krogh

    Seller's Agent in 2013

    Larry Krogh

    LIV Sotheby's International Realty

    (805) 312-0512

    147 Total Sales

    Section Image

  • B

    Buyer's Agent in 2013

    Benjamin Morahan

    Compass

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Map

Source: The MLS

MLS Number: 19-502312

The MLS

APN: 4451-017-031

California Los Angeles County Malibu 90265 La Costa Beach

21701 Pacific Coast Hwy, Malibu, CA

This home is located at 21701 Pacific Coast Hwy, Malibu, CA 90265 since 21 August 2019 and is currently estimated at $3,834,832, approximately $1,535 per square foot. This property was built in 1973. 21701 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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