NOT LISTED FOR SALE

Estimated Value: $3,081,944 - $3,870,000

5 Beds
7 Baths
6,195 Sq Ft
$565/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $3,035,000 $490 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $22,823/month

159 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Primary Bedroom Suite
  • Webster Elementary School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of January 2024

Currently the lowest price per square foot in Malibu! With 6,195 square feet of living space - including a detached guest house - this is one of the largest homes you can get for this price on the east end of town. This private corner lot features a 4-bedroom main house, a one-bedroom two-story guest house with a loft, a 3-car garage, and an additional 2-car garage, as well as a pool, spa, grassy yard, circular motor court, basketball hoop, and gated entry - this home has it all. Experience the Malibu lifestyle in this conveniently located neighborhood, just 7 minutes from the beach and 10 minutes from the heart of Calabasas. The architectural style and floor plan of the main house allow for sunlit rooms and open, flowing entertaining areas. The main level features a sunken living room, a large office, a dining area, and one bedroom. Two additional bedrooms, and the primary bedroom with an expansive bathroom, all have balconies to enjoy the fresh air and view the backyard, pool, and peak-a-boo ocean views. The backyard offers a patio off the kitchen, a huge pool, and grassy areas for play. Malibu awaits...

Last Agent to Sell the Property

Madison Hildebrand

Compass License #01413280 Listed on: 06/21/2023

Compass

Co-Listed By

Jennifer Chrisman

Compass License #01325526

Last Buyer's Agent

Andrew Cohen

West Shores Realty, Inc. License #02084440

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,006

Year Built

  • Built in 1992

Lot Details

  • 0.52 Acre Lot
  • Fenced Yard
  • Gated Home
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned LCR120000-A12*

Parking

  • 9 Open Parking Spaces
  • 5 Car Garage
  • Circular Driveway

Property Views

  • Ocean
  • Peek-A-Boo
  • Pool

Interior Spaces

  • 6,195 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Sliding Doors
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Laundry Room

Kitchen

  • Oven
  • Freezer

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Pool

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

Outdoor Features

  • Balcony
  • Outdoor Gas Grill
  • Rear Porch

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4453-030-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,006

Year Built

Built in 1992

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 6195
  • Lot Acreage: 0.5238
  • Probate: No
  • Stories: 2
  • Year Built: 1992
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room, Family Room, Master Bedroom
  • Flooring: Tile, Wood, Bamboo
  • Appliances: Oven, Gas Grill, Built-Ins
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Bedroom Features: WalkInCloset, Master Suite, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Steam Shower, Tub With Jets
  • Three Quarter Bathrooms: 3
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Built-Ins, Range/Oven, Refrigerator, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 499.60

Exterior Features

  • Other Features: Balcony, Sliding Glass Doors, High Ceilings (9 Feet+)
  • Other Structures: GuestHouse
  • Guest House: Detached
  • Patio: Porch - Rear
  • Pool Description: In Ground, Heated And Filtered
  • Pool: Yes
  • Spa: In Ground, Heated
  • Spa Yn: Yes
  • View: Pool, Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Spaces: 5
  • Other Spaces: 9
  • Covered Parking: 5
  • Parking Garage: Garage - 2 Car, Garage - 3 Car, Driveway, Circular Driveway
  • Total Parking: 14

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank
  • Water: 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: 4453-030-003
  • Lot Description: Fenced Yard, Lawn, Front Yard, Back Yard
  • Lot Size Area: 22816

Rental Info

  • Land Lease Purchase Yn: No

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Dec 19, 2023
Sold by
Amitin Daniel
Bought by
Gunst Christopher Lee and Gunst Jennifer Lee
Seller's Agent
Madison Hildebrand
Compass
Buyer's Agent
Andrew Cohen
West Shores Realty, Inc.
List Price
$3,488,000
Sold Price
$3,035,000
Premium/Discount to List
-$453,000
-12.99%
Views
427
Current Estimated Value
$3,665,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,981
Avg. Annual Appreciation
9.62%
Original Mortgage
$2,124,500
Outstanding Balance
$2,091,048
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$1,411,600

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 11, 2021
Sold by
Shumacher Ryan
Bought by
Amitin Daniel
Seller's Agent
Ivan Estrada
Douglas Elliman
Buyer's Agent
Patrick Wang
Fifty Hills Real Estate
List Price
$2,650,000
Sold Price
$2,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$2,017,313
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2020
Sold by
Clarke Paul
Bought by
Blair Kim Chilman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2020
Sold by
Frampton Michael J
Bought by
Blair Kim Chilman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Pitts Susan and Estate Of Patricia Lynne Pitts
Bought by
Clarke Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,995,625
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2017
Sold by
Pitts Patricia L and Milam Michael
Bought by
Pitts Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 9, 2014
Closed on
Apr 13, 2015
Sold by
Pitts Patricia L
Bought by
Milan Michael and Moon Shadows Trust
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Jonathan Watters
Foundation Real Estate
List Price
$2,750,000
Sold Price
$2,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%

Purchase Details

Listed on
Nov 9, 2014
Closed on
Feb 2, 2015
Sold by
Lahdesmaki Markku and Kauranen Lahdesmaki Anne
Bought by
Pitts Patricia L
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Jonathan Watters
Foundation Real Estate
List Price
$2,750,000
Sold Price
$2,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.71%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 2004
Sold by
White Lynn
Bought by
Lahdesmaki Markku and Kauranen Lahdesmaki Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,528,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2001
Sold by
Ertugrul Kent
Bought by
White Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.95%

Purchase Details

Closed on
May 7, 1998
Sold by
Gist John R and J Reuss Gist Trust
Bought by
Ertugrul Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,625
Interest Rate
3.95%

Purchase Details

Closed on
Apr 16, 1996
Sold by
Santa Monica Bank
Bought by
Gist John R and J Reuss Gist Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 31, 1995
Sold by
Math Michael Ian and Math Joanne Julie
Bought by
Santa Monica Bank

Purchase Details

Closed on
Nov 10, 1994
Sold by
Math Michael and Math Joanne Julie
Bought by
Mvp Enterprises Inc

Purchase Details

Closed on
Aug 31, 1993
Sold by
Moonshadows Drive Enterprises Inc
Bought by
Math Michael Ian and Math Joanne Julie
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
Gunst Christopher Lee $3,035,000 Lawyers Title
Amitin Daniel $2,650,000 Chicago Title Company
Blair Kim Chilman $2,550,000 Lawyers Title Oc
Blair Kim Chilman -- Lawyers Title Company
Clarke Paul $2,575,000 First American Title Company
Pitts Patricia L -- Accommodation
Milan Michael -- Accommodation
Pitts Patricia L $2,743,000 Title 365
Lahdesmaki Markku $2,040,000 Equity Title Company
White Lynn $1,570,000 Fidelity National Title Co
Ertugrul Kent $1,227,500 Progressive Title Company
Gist John R -- Continental Lawyers Title Co
Santa Monica Bank $650,000 --
Mvp Enterprises Inc $255,072 Southern California Title Co
Math Michael Ian -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunst Christopher Lee $2,124,500
Previous Owner Amitin Daniel $2,017,313
Previous Owner Blair Kim Chilman $1,785,000
Previous Owner Clarke Paola Andrea $250,000
Previous Owner Dillard La Nette $9,500
Previous Owner Clarke Paul F $60,375
Previous Owner Clarke Paul $1,995,625
Previous Owner Pitts Patricia L $500,000
Previous Owner Pitts Patricia L $2,000,000
Previous Owner Lahdesmaki Markku $1,528,000
Previous Owner White Lynn $1,000,000
Previous Owner White Lynn $1,000,000
Previous Owner White Lynn $425,000
Previous Owner White Lynn $1,100,000
Previous Owner Ertugrul Kent $920,625
Previous Owner Gist John R $750,000
Previous Owner Gist John R $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $3,035,000 -1.9% $490 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $3,095,000 -5.5% $500 / Sq Ft
09/14/2023 09/14/23 Price Changed $3,275,000 -6.1% $529 / Sq Ft
06/21/2023 06/21/23 For Sale $3,488,000 +31.6% $563 / Sq Ft
09/08/2021 09/08/21 Sold $2,650,000 0.0% $445 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $2,650,000 +2.9% $445 / Sq Ft
07/19/2019 07/19/19 Sold $2,575,000 0.0% $432 / Sq Ft
04/02/2019 04/02/19 For Sale $2,575,000 0.0% $432 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $2,575,000 -6.4% $432 / Sq Ft
04/02/2015 04/02/15 Sold $2,750,000 0.0% $461 / Sq Ft
11/09/2014 11/09/14 For Sale $2,750,000 -- $461 / 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 $33,006 $3,095,700 $2,182,800 $912,900
2024 $33,006 $2,757,060 $1,872,720 $884,340
2023 $32,311 $2,703,000 $1,836,000 $867,000
2022 $31,946 $2,650,000 $1,800,000 $850,000
2021 $35,212 $2,950,000 $2,100,000 $850,000
2020 $30,880 $2,575,000 $1,000,000 $1,575,000
2019 $35,522 $2,954,742 $965,664 $1,989,078
2018 $33,554 $2,896,807 $946,730 $1,950,077
2016 $32,292 $2,784,322 $909,968 $1,874,354
2015 $28,125 $2,413,325 $1,112,022 $1,301,303
2014 -- $2,366,053 $1,090,240 $1,275,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-279905

The MLS

APN: 4453-030-003