NOT LISTED FOR SALE

Estimated Value: $2,868,242 - $4,075,000

3 Beds
2.5 Baths
2,848 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $2,825,000 $992 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $20,908/month

45 Days on Market

Highlights

  • White Water Ocean Views
  • Heated Spa
  • Primary Bedroom Suite
  • Webster Elementary School Rated A
  • Gourmet Kitchen
  • All Bedrooms Downstairs

About This Home

As of August 2022

Stunning ocean view home, a private retreat, perfect for entertaining and enjoying the indoor-outdoor Malibu lifestyle. The wraparound deck, with its breathtaking 270 mountain, Queen's Necklace to Point Dume including Malibu Pier views, is perfect for taking in tranquil and inspiring sunrises and sunsets. This contemporary home features 3 spacious bedrooms, open floorplan, hardwood floors throughout, a large yard for outdoor activity, large brick rear patio, incredible decks and outdoor spa. The living room bathed in natural light, with windows that frame the magnificent ocean views and features a cozy fireplace. The adjoining family room makes this large and open space ideal for gathering with friends & family. The kitchen has granite countertops, open-concept island with cooktop, subzero fridge and plenty of cabinetry. The downstairs primary suite is spacious, with a walk-in closet and breathtaking, romantic bedside views of the ocean. The en-suite bath features double sinks, large counters, jetted bathtub and freestanding shower. The other two downstairs bedrooms offer ocean and mountain views. The garage can accommodate 2 cars, or can be used as a "work-from-home" space with finished walls and flooring, windows for natural light, high ceilings with track lighting, and installed bookshelves and cabinets for storage. The home's convenient location makes it easy to pop over to the Westside for dinner and to LAX airport for travel all while enjoying the unparalleled beauty and serenity of Malibu. This property includes membership access to the Private Rambla Pacifico Road and guard gate, making it mere minutes from PCH. Welcome to a dreamy home in Malibu!

Last Agent to Sell the Property

Bianca Torrence

Sotheby's International Realty License #01148864 Listed on: 06/17/2022

Co-Listed By

Stacey Harper

Pinnacle Estate Properties License #02117330

Last Buyer's Agent

Susan Cosentino

Compass License #01315015

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,239

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 7,696 Sq Ft Lot
  • Fenced Yard
  • Wood Fence
  • Drip System Landscaping
  • Front and Side Yard Sprinklers
  • Hillside Location
  • Back Yard
  • Property is zoned LCR140000*

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Converted Garage
  • Side by Side Parking
  • Garage Door Opener
  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Turnkey
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Dual Staircase
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Bonus Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Above Ground Spa
  • Fiberglass Spa

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Water Purifier
  • Septic Tank
  • Satellite Dish

Community Details

  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number 4453-010-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,239

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: panoramic views , luxury home, ocean views
  • Entry Location: Ground Level w/steps
  • Living Area: 2848
  • Lot Acreage: 0.1767
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1996
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, Furnished, Living Room Deck Attached, Hot Tub, Recessed Lighting, Turnkey, Detached/No Common Walls
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room, Gas, Gas and Wood, Gas Starter
  • Flooring: Engineered Hardwood, Tile, Hardwood
  • Appliances: Built-In Gas, Convection Oven, Cooktop - Gas, Microwave, Oven, Gas, Oven-Gas, Built-Ins, Double Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Master Bedroom, WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Bathroom Features: Powder Room, Shower and Tub, Shower Stall, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, In Kitchen, Kitchen Island
  • Kitchen Features: Ceramic Counters, Gourmet Kitchen, Marble Counters, Stone Counters, Island, Counter Top
  • Laundry: Laundry Area, Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Dishwasher, Built-Ins, Barbeque, Microwave, Washer, Dryer, Water Filter, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Inclusions: spa, washer and dryer
  • Price Per S Q F T: 1141.15

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), Propane Tanks, Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Balcony, Living Room Balcony, Patio Open, Wood, Wrap Around Porch, Porch, Deck(s)
  • Pool: No
  • Roof: Composition, Shingle
  • Spa: Above Ground, Heated, Fiberglass
  • Spa Yn: Yes
  • View: Catalina, Coastline, Water, Ocean, Panoramic, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Door Opener, Side By Side, Attached, Above Street Level
  • Total Parking: 2

Utilities

  • TV Svcs: Tv Satellite Dish
  • Volt 220: Spa, In Laundry, In Kitchen
  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central, Ceiling Fan
  • Heating: Central, Fireplace
  • Security: Smoke Detector, Fire and Smoke Detection System
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Amenities: Controlled Access

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 1200.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Drip System, Side, Sprinkler System, Sprinkler Timer, Front
  • Horses: No
  • Assessor Parcel Number: 4453-010-003
  • Lot Description: Curbs, Back Yard, Landscaped, Fenced Yard, Gutters, Street Concrete, Yard
  • Lot Location: Hillside
  • Lot Size Area: 7696

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee
  • Lease Option: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 12, 2022
Sold by
Furlong Family Trust
Bought by
Zoloth Property Llc
Seller's Agent
Bianca Torrence
Sotheby's International Realty
Buyer's Agent
Susan Cosentino
Compass
List Price
$3,250,000
Sold Price
$2,825,000
Premium/Discount to List
-$425,000
-13.08%
Views
24
Current Estimated Value
$3,295,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,414
Avg. Annual Appreciation
5.29%
Original Mortgage
$2,120,000
Outstanding Balance
$2,008,065
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,287,349

Purchase Details

Closed on
May 14, 2018
Sold by
Furlong John Lawrence
Bought by
Furlong John Lawrence and Furlong Kirsten Bittinger

Purchase Details

Closed on
Aug 18, 2008
Sold by
Shanahan James Patrick and Shanahan Melissa White
Bought by
Furlong John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2007
Sold by
Shanahan James and Shanahan Melissa
Bought by
Shanahan James Patrick

Purchase Details

Closed on
Feb 1, 2002
Sold by
Obrien D Sean
Bought by
Shanahan James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,000
Interest Rate
6.25%

Purchase Details

Closed on
Jul 25, 2000
Sold by
Obrien Miki Jordan
Bought by
Obrien D Sean

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
8.19%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Obrien D Sean
Bought by
Obrien D Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 19, 1999
Sold by
Schupp August Henry
Bought by
Obrien D Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.75%
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
Zoloth Property Llc $2,825,000 Priority Title
Furlong John Lawrence -- None Available
Furlong John Lawrence -- Servicelink
Furlong John L $1,650,000 Fidelity National Title
Shanahan James Patrick -- None Available
Shanahan James $902,000 First Southwestern Title Co
Obrien D Sean -- Investors Title Company
Obrien D Sean -- Progressive Title Company
Obrien D Sean $620,000 Progressive Title Company
Obrien D Sean -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoloth Property Llc $150,000
Open Zoloth Property Llc $2,120,000
Previous Owner Furlong John L $240,000
Previous Owner Furlong John L $2,000,000
Previous Owner Furlong John L $250,000
Previous Owner Furlong John L $990,000
Previous Owner Shanahan James $488,000
Previous Owner Shanahan James $840,000
Previous Owner Shanahan James $631,000
Previous Owner Shanahan James $631,000
Previous Owner Obrien D Sean $200,000
Previous Owner Obrien D Sean $15,000
Previous Owner Obrien O Sean $100,134
Previous Owner Obrien D Sean $496,000
Closed Shanahan James $225,782
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $2,825,000 -13.1% $992 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $3,250,000 -- $1,141 / 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 $34,239 $1,528,348 $1,528,348 --
2024 $34,239 $2,881,500 $2,305,200 $576,300
2023 $33,549 $2,825,000 $2,260,000 $565,000
2022 $24,280 $2,002,246 $1,131,453 $870,793
2021 $23,700 $1,962,987 $1,109,268 $853,719
2019 $23,235 $1,904,766 $1,076,367 $828,399
2018 $22,012 $1,867,418 $1,055,262 $812,156
2016 $21,202 $1,794,906 $1,014,286 $780,620
2015 $20,920 $1,767,946 $999,051 $768,895
2014 $20,615 $1,733,315 $979,481 $753,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-155793

The MLS

APN: 4453-010-003