NOT LISTED FOR SALE

23808 Malibu Crest Dr Malibu, CA 90265

Estimated Value: $4,501,000 - $5,931,909

4 Beds
3 Baths
2,224 Sq Ft
$2,323/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $3,075,000 $1,383 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $30,795/month

170 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • 24-Hour Security
  • Webster Elementary School Rated A
  • Art Studio
  • Bonus Room

About This Home

As of October 2015

Stunning panoramic ocean views from the Queen's Necklace to Pt Dume are enjoyed from this close-in Mid-Century modern architectural gem. A coveted single-story, it has large floor to ceiling windows framing the view from every room plus a bonus studio with bath that also has endless views of mountains and ocean. The property sits at the end of a cul de sac, up a gated private driveway and it's less than a minute to PCH. Don't miss this treasure. Seller is licensed Real Estate Broker.

Last Agent to Sell the Property

Grace Diekhaus

Coldwell Banker Realty License #01331950 Listed on: 03/04/2015

Co-Listed By

natalie Soloway

Coldwell Banker Realty License #00705235

Last Buyer's Agent

Sandro Dazzan

The Agency License #01418033

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.77 Acre Lot
  • Property is zoned LCR120000*

Parking

  • 3 Car Detached Garage

Property Views

  • White Water Ocean
  • Mountain

Home Design

  • Composition Roof
  • Stone Roof

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Art Studio
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Conditioner
  • Septic Tank

Additional Features

  • Open Patio
  • Detached Guest House

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4458-024-039

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0.77 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2224
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Carpet, Stone, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Water Conditioner
  • Fireplace: Yes
  • Price Per S Q F T: 1571.49

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Roof: Composition, Rock
  • View: Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Garage, Subterranean, Subterr Side by Side
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4458-024-039
  • Geocode Override: No
  • Lot Size Area: 33612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
Oct 9, 2015
Sold by
May Malibu Enterprises Llc
Bought by
23808 Malibu Crest Llc
Seller's Agent
Grace Diekhaus
Coldwell Banker Realty
Buyer's Agent
Sandro Dazzan
The Agency
List Price
$3,795,000
Sold Price
$3,075,000
Premium/Discount to List
-$720,000
-18.97%
Current Estimated Value
$5,166,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,091,977
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Jan 23, 2009
Sold by
Sobul Stephen S and May Childrens Trust 1993
Bought by
May Malibu Enterprises Llc

Purchase Details

Closed on
Dec 24, 2008
Sold by
Sobul Stephen S and May Childrens Trust 1993
Bought by
May Malibu Enterprises Llc

Purchase Details

Closed on
Oct 24, 2003
Sold by
Sobul Cpa Stephen S and May Leslie Paula
Bought by
Sobul Cpa Stephen S and May Childrens Trust 1993

Purchase Details

Closed on
Jan 31, 2000
Sold by
May James W
Bought by
Sobul Cpa Stephen S and May Leslie Paula

Purchase Details

Closed on
Oct 28, 1993
Sold by
May Mille
Bought by
Sobul Stephen S and Mille May 1993 Personal Reside
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
23808 Malibu Crest Llc $3,100,000 Fidelity Sherman Oaks
May Malibu Enterprises Llc -- None Available
Sobul Stephen S -- None Available
Sobul Stephen S -- None Available
May Malibu Enterprises Llc -- None Available
Sobul Cpa Stephen S -- --
Sobul Cpa Stephen S -- --
Sobul Cpa Stephen S -- --
Sobul Cpa Stephen S -- --
May James W -- --
Sobul Stephen S -- --
Sobul Stephen S -- --
May James W -- --
May James W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2015 10/21/15 Sold $3,075,000 -12.0% $1,383 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
04/20/2015 04/20/15 Price Changed $3,495,000 -7.9% $1,571 / Sq Ft
03/04/2015 03/04/15 For Sale $3,795,000 -- $1,706 / Sq Ft
Source: The MLS

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 $43,397 $3,779,348 $2,205,529 $1,573,819
2024 $43,397 $3,705,244 $2,162,284 $1,542,960
2023 $42,572 $3,632,593 $2,119,887 $1,512,706
2022 $42,029 $3,561,367 $2,078,321 $1,483,046
2021 $41,041 $3,491,537 $2,037,570 $1,453,967
2019 $39,100 $3,289,743 $1,977,136 $1,312,607
2018 $37,114 $3,225,239 $1,938,369 $1,286,870
2016 $35,780 $3,100,000 $1,863,100 $1,236,900
2015 $3,100 $221,675 $85,426 $136,249
2014 $3,087 $217,334 $83,753 $133,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-884425

The MLS

APN: 4458-024-039

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