NOT LISTED FOR SALE

Estimated Value: $3,546,000 - $4,686,000

4 Beds
4 Baths
3,766 Sq Ft
$1,078/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $3,256,000 $865 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $25,313/month

Highlights

  • Ocean Front
  • Filtered Pool
  • Fireplace in Primary Bedroom
  • Webster Elementary School Rated A
  • Primary Bedroom Suite
  • Modern Architecture

About This Home

As of May 2023

This stunning Bauhaus inspired home is a true architectural and artistic masterpiece, offering the ultimate Malibu living experience. Designed by renowned Malibu-based architect Vitrus Matare, this special ocean-view residence boasts 4 spacious bedrooms and 4 luxurious bathrooms within an open and welcoming floor plan. The sleek and stylish interior features high ceilings and large windows that let in an incredible amount of natural light, offering breathtaking views of the Pacific Ocean and Santa Monica Mountains. The kitchen is a chef's dream, equipped with top-of-the-line appliances for preparing gourmet meals for family and guests. The primary bedroom is a true sanctuary, with tranquil cork floors, a warming fireplace, and a spacious walk-in closet. The primary bathroom is a spa-like oasis, featuring a large soaking tub for ultimate relaxation, a dual vanity, outdoor access, and even a bidet. This home has been meticulously designed to exceed your every expectation, with many unique and timeless pieces included for an additional fee. Step outside onto the expansive patio to enjoy the stunning ocean and mountain views, and take a dip in the 43-foot solar heated saltwater pool with an attached 10-person spa. The outdoor living structure and matching tables, built by architect Bruce Bolander (AIA), embrace the vast yard space, large pool, luscious landscaping, garden and views, creating the perfect setting for glamorous entertaining or private relaxation. This is truly a one-of-a-kind property that exudes refined elegance and sophistication.

Last Agent to Rent the Property

Ethan Erickson

Amalfi Estates License #02129418 Listed on: 03/16/2023

Co-Listed By

Anthony Marguleas

Amalfi Estates License #01173073

Last Renter's Agent

Josh Brenner

Compass License #01854403

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,728

Year Built

  • Built in 1992

Lot Details

  • 0.31 Acre Lot
  • Ocean Front
  • West Facing Home
  • Property is zoned LCR120000-A12*

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Circular Driveway

Property Views

  • Ocean
  • Coastline
  • Bay
  • Canyon
  • Mountain
  • Hills
  • Pool

Home Design

  • Modern Architecture

Interior Spaces

  • 3,766 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Door Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Gas Oven
  • Gas and Electric Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • 4 Full Bathrooms
  • Double Vanity
  • Bidet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Filtered Pool
  • Solar Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Central Water Heater
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Security Deposit $19,500
  • Tenant pays for gas, water, trash collection, electricity, cable TV, insurance
  • Rent includes pool, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4453-030-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,728

Year Built

Built in 1992

Lot Details

0

Parking

3

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Rent Includes: Pool, Gardener
  • Security Deposit: 19500
  • Tenant Pays: Gas, Water, Trash Collection, Electricity, Cable TV, Insurance

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: This stunning Bauhaus inspired home is a true architectural and artistic masterpiece, offering the ultimate Malibu living experience. Designed by renowned Malibu-based architect Vitrus Matare, this special ocean-view residence boasts 4 spacious bedrooms and 4 luxurious bathrooms within an open and welcoming floor plan. Featuring high ceilings and large windows that let in an incredible amount of natural light. This offers breathtaking views of the Pacific Ocean and Santa Monica Mountains. Top-of-the-line appliances, slate and tranquil cork floors, a warming fireplace, and many more features provide a space for ultimate relaxation, and fun. Step outside onto the expansive patio to enjoy the stunning spaces and views, or enjoy the 43-foot solar heated saltwater pool with an attached 10-person spa.
  • Lease Terms: 1-Year
  • Living Area: 3766
  • Lot Acreage: 0.3090
  • Stories: 2
  • Year Built: 1992
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bidet, High Ceilings (9 Feet+)
  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Tile, Slate
  • Appliances: Oven-Gas, Gas/Electric Range, Built-Ins, Built-In Gas
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Sunken Tub, Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Microwave, Freezer, Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4.65

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, Double Door Entry
  • Other Structures: None
  • Pool Description: In Ground, Salt/Saline, Heated, Filtered, Solar Heat
  • Pool: Yes
  • Spa: Hot Tub, In Ground, Private
  • Spa Yn: Yes
  • View: Ocean, Mountains, Hills, Water, Bay, Pool, Canyon, Coastline
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

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

Utilities

  • Water Heater: Propane, Central Water Heater
  • Cooling: Air Conditioning, Central
  • Heating: Central, Propane Gas
  • Sewer: Septic Tank

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4453-030-006
  • Lot Size Area: 13503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 3, 2021
Sold by
Laurence Henry
Bought by
Mourkogiannis Celia
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Cherie Iseppi
Christie's International Real Estate SoCal
List Price
$3,000,000
Sold Price
$3,256,000
Premium/Discount to List
$256,000
8.53%
Current Estimated Value
$4,003,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,418
Avg. Annual Appreciation
5.42%
Original Mortgage
$604,800
Outstanding Balance
$549,951
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,509,801

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 1, 2021
Sold by
Gordon Eric B and Abel Judy A
Bought by
Mourkogiannis Celia
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Cherie Iseppi
Christie's International Real Estate SoCal
List Price
$3,000,000
Sold Price
$3,256,000
Premium/Discount to List
$256,000
8.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,800
Outstanding Balance
$549,951
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,509,801

Purchase Details

Closed on
Oct 18, 2005
Sold by
Gordon Eric Brian and Abel Judy Anne
Bought by
Gordon Eric B and Abel Judy A

Purchase Details

Closed on
Oct 28, 1997
Sold by
Matare Vitus
Bought by
Gordon Eric Brian and Abel Judy Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
7.23%

Purchase Details

Closed on
Oct 13, 1993
Sold by
Matare Herbert F
Bought by
Matare Vitus
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
Mourkogiannis Celia -- Fidelity National Title Co
Mourkogiannis Celia $3,256,000 Fidelity National Title Co
Gordon Eric B -- --
Gordon Eric Brian $715,000 First American Title Co
Matare Vitus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mourkogiannis Celia $604,800
Previous Owner Gordon Eric B $295,000
Previous Owner Gordon Eric B $324,000
Previous Owner Gordon Eric B $348,000
Previous Owner Gordon Eric B $367,000
Previous Owner Gordon Eric Brian $542,000
Previous Owner Gordon Eric Brian $545,200
Previous Owner Gordon Eric Brian $550,000
Previous Owner Gordon Eric Brian $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Rented $16,500 -5.7% --
04/17/2023 04/17/23 Price Changed $17,500 -10.3% $5 / Sq Ft
03/16/2023 03/16/23 For Rent $19,500 0.0% --
06/10/2021 06/10/21 Sold $3,256,000 +8.5% $865 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $3,000,000 -- $797 / 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 $40,728 $1,069,020 $1,069,020 --
2024 $40,728 $3,455,291 $1,612,398 $1,842,893
2023 $39,895 $3,387,541 $1,580,783 $1,806,758
2022 $39,439 $3,321,120 $1,549,788 $1,771,332
2021 $13,598 $1,093,098 $464,667 $628,431
2020 $13,379 $1,081,891 $459,903 $621,988
2019 $13,244 $1,060,679 $450,886 $609,793
2018 $12,477 $1,039,883 $442,046 $597,837
2016 $11,980 $999,505 $424,882 $574,623
2015 $11,818 $984,492 $418,500 $565,992
2014 $11,657 $965,208 $410,303 $554,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-249009

The MLS

APN: 4453-030-006