NOT LISTED FOR SALE

23870 Malibu Crest Dr Malibu, CA 90265

Estimated Value: $5,533,000 - $14,191,206

4 Beds
4.5 Baths
4,351 Sq Ft
$2,074/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $3,925,000 $902 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $54,382/month

Highlights

  • Ocean View
  • In Ground Pool
  • Marble Flooring
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Traditional Architecture

About This Home

As of April 2016

Sold before processing. Listed for MLS reporting purposes only.

Last Agent to Sell the Property

Cindy Kraus

Keller Williams Westlake Village License #01453582 Listed on: 03/28/2016

Co-Listed By

David McLaughlin

License #01256235

Last Buyer's Agent

Enzo Ricciardelli

Sotheby's International Realty License #01097604

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.54 Acre Lot
  • Gated Home
  • Sprinkler System
  • Property is zoned LCR120

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,351 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • Gunite Spa
  • Gunite Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4458-024-015

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.54 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4351
  • Stories: 2
  • Year Built: 1977
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Marble, Stone
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage, In Closet
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 918.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Gunite
  • Pool: Yes
  • Spa: Gunite
  • Spa Yn: Yes
  • View: Canyon, Catalina, City Lights, Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Security: Gated
  • Sewer: Septic Tank

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4458-024-015
  • Geocode Override: No
  • Lot Size Area: 23373

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2023
Sold by
Levy-Sarraf Natalie and Levy-Sarraf David
Bought by
Sarraf Family Trust and Sarraf
Current Estimated Value
$9,025,052

Purchase Details

Closed on
Jun 24, 2020
Sold by
Mb Malibu Llc
Bought by
Levy Sarraf Natalie and Sarraf David

Purchase Details

Closed on
Jan 27, 2016
Sold by
Kraus Sean and Kraus Cindy
Bought by
Mb Malibu Llc

Purchase Details

Closed on
Mar 11, 2015
Sold by
Kraus Sean C and Sean C Kraus Separate Property
Bought by
Kraus Sean and Kraus Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Kraus Sean C
Bought by
Kraus Sean C and The Sean C Kraus Separate Prop

Purchase Details

Closed on
Sep 3, 2003
Sold by
Griess Gerald M
Bought by
Kraus Sean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,950
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2002
Sold by
Griess Florence L
Bought by
Griess Gerald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2001
Sold by
Griess Gerald M
Bought by
Griess Gerald M and The Griess Family Trust

Purchase Details

Closed on
Feb 1, 2001
Sold by
Griess Gerald
Bought by
Griess Gerald M and The Gerald Griess Living Trust

Purchase Details

Closed on
Aug 10, 2000
Sold by
Lore Linda M
Bought by
Griess Gerald

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
8.2%
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
Sarraf Family Trust -- None Listed On Document
Levy Sarraf Natalie $6,730,000 Lawyers Title Company
Mb Malibu Llc $3,925,000 Fidelity National Title
Kraus Sean -- Fidelity National Title
Kraus Sean C -- --
Kraus Sean C -- --
Griess Gerald M -- Southland Title
Griess Gerald M -- Southland Title
Griess Gerald M -- --
Griess Gerald M -- --
Griess Gerald M -- --
Griess Gerald $1,550,000 Progressive Title Company
Griess Gerald M -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraus Sean $1,295,000
Previous Owner Kraus Sean C $699,950
Previous Owner Griess Gerald M $800,000
Previous Owner Griess Gerald $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $3,925,000 -1.8% $902 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $3,995,000 -- $918 / 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 $82,902 $7,284,767 $5,119,903 $2,164,864
2024 $82,902 $7,141,929 $5,019,513 $2,122,416
2023 $81,372 $7,001,892 $4,921,092 $2,080,800
2022 $80,394 $6,864,600 $4,824,600 $2,040,000
2021 $78,514 $6,730,000 $4,730,000 $2,000,000
2020 $50,733 $4,289,917 $1,511,291 $2,778,626
2019 $49,829 $4,188,802 $1,481,658 $2,707,144
2018 $46,912 $4,083,569 $1,452,606 $2,630,963
2016 $29,994 $2,588,630 $1,554,271 $1,034,359
2015 $29,591 $2,549,747 $1,530,925 $1,018,822
2014 $29,154 $2,499,802 $1,500,937 $998,865
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cindy Kraus

    Keller Williams Westlake Village

  • David McLaughlin

    Seller Co-Listing Agent in 2016

    David McLaughlin

    (818) 259-7775

    90 Total Sales

    David McLaughlin
    Section Image
  • Enzo Ricciardelli

    Buyer's Agent in 2016

    Enzo Ricciardelli

    Sotheby's International Realty

    (310) 255-5400

    28 Total Sales

    Enzo Ricciardelli
    Section Image
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Map

Source: The MLS

MLS Number: 16-109642

The MLS

APN: 4458-024-015

California Los Angeles County Malibu 90265

23870 Malibu Crest Dr, Malibu, CA

Not Listed for Sale

Detached

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