NOT LISTED FOR SALE

Estimated Value: $4,420,000 - $15,425,384

3 Beds
3.5 Baths
2,022 Sq Ft
$4,184/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $5,806,150 $2,871 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $49,475/month

454 Days on Market

Highlights

  • Ocean Front
  • Above Ground Spa
  • Hydromassage or Jetted Bathtub
  • Webster Elementary School Rated A
  • Open Floorplan
  • Mediterranean Architecture

About This Home

As of April 2020

Welcome to one of Malibu's most alluring beach retreats. One is immediately embraced by the charm of beach living upon entering this home on Malibu Road. The gated entry leads you into the courtyard that beckons you to sit and relax surrounded by a dreamy garden setting with a fireplace and bar. This one story home has three bedroom suites perfectly situated for privacy. One two room suite allows for a separate home office. The open floor plan invites you to relax and entertain. The living room opens to a deck where you can share the sounds of the waves and take in the coastline views while enjoying delectable delights or lounging with your guests. The hot tub is located in a secret setting at beach level with an outdoor shower and near the massage room hideaway with its own private Zen inspired patio.

Last Agent to Sell the Property

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 12/06/2018

Coldwell Banker Realty

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,899 Sq Ft Lot
  • Ocean Front
  • Stucco Fence
  • Property is zoned LCR16000*

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 2,022 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Den
  • Stone Flooring
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Converted Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Above Ground Spa
  • Open Patio
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-011-005

Home Details

Home Type

Single Family

Year Built

Built in 1948 | Remodeled

Lot Details

5,899 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to one of Malibu's most alluring beach retreats. One is immediately embraced by the charm of beach living upon entering this home on Malibu Road. The gated entry leads you into the courtyard that beckons you to sit and relax surrounded by a dreamy garden setting with a fireplace and bar. This one story home has three bedroom suites perfectly situated for privacy. One two room suite allows for a separate home office. The open floor plan invites you to relax and entertain. The living room opens to a deck where you can share the sounds of the waves and take in the coastline views while enjoying delectable delights or lounging with your guests. The hot tub is located in a secret setting at beach level with an outdoor shower and near the massage room hideaway with its own private Zen inspired patio.
  • Living Area: 2022
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Living Room Deck Attached, Open Floor Plan
  • Fireplace Rooms: Living Room
  • Flooring: Stone
  • Appliances: Free Standing Gas, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower and Tub, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Outside
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Satellite, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3338.28

Exterior Features

  • Construction: Stucco
  • Other Features: Barbecue Private
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Stucco Wall
  • Pool: No
  • Spa: Above Ground, Hot Tub
  • Spa Yn: Yes
  • View: City Lights, Coastline, Ocean, Water, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, On street
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Owned
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4458-011-005
  • Geocode Override: No
  • Lot Location: Ocean Front
  • Lot Size Area: 5899

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Apr 10, 2020
Sold by
Farbe
Bought by
Ander
Seller's Agent
Susan Monus
Coldwell Banker Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$7,450,000
Sold Price
$5,806,150
Premium/Discount to List
-$1,643,850
-22.07%
Current Estimated Value
$8,460,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,654,196
Avg. Annual Appreciation
6.59%
Interest Rate
3.33%

Purchase Details

Closed on
May 3, 2004
Sold by
Murray William
Bought by
Farbenbloom Barry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Murray Jennifer Butler
Bought by
Murray William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
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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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
Ander -- --
Farbenbloom Barry B -- --
Murray William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ander --
Previous Owner Farbenbloom Barry B $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2020 04/10/20 Sold $5,806,150 +30458.7% $2,871 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
11/27/2019 11/27/19 Rented $19,000 0.0% --
11/25/2019 11/25/19 Price Changed $6,750,000 0.0% $3,338 / Sq Ft
10/21/2019 10/21/19 For Rent $20,000 0.0% --
12/06/2018 12/06/18 For Sale $7,450,000 0.0% $3,684 / Sq Ft
12/03/2018 12/03/18 Rented $19,500 0.0% --
10/10/2018 10/10/18 Price Changed $19,500 -35.0% $10 / Sq Ft
06/26/2018 06/26/18 Price Changed $30,000 -25.0% $15 / Sq Ft
06/04/2018 06/04/18 Price Changed $40,000 -11.1% $20 / Sq Ft
04/24/2018 04/24/18 Price Changed $45,000 +100.0% $22 / Sq Ft
02/02/2018 02/02/18 Price Changed $22,500 -10.0% $11 / Sq Ft
11/06/2017 11/06/17 For Rent $25,000 -16.7% --
10/27/2017 10/27/17 Rented $30,000 +20.0% --
09/05/2017 09/05/17 For Rent $25,000 0.0% --
09/01/2017 09/01/17 Off Market $25,000 -- --
03/06/2017 03/06/17 For Rent $25,000 +6.4% --
04/18/2015 04/18/15 Rented $23,500 -6.0% --
04/18/2015 04/18/15 Under Contract -- -- --
11/09/2014 11/09/14 For Rent $25,000 +51.5% --
03/25/2014 03/25/14 Rented $16,500 -34.0% --
03/25/2014 03/25/14 Under Contract -- -- --
02/06/2014 02/06/14 For Rent $25,000 +28.2% --
10/23/2013 10/23/13 Rented $19,500 -11.4% --
10/23/2013 10/23/13 Under Contract -- -- --
03/21/2012 03/21/12 For Rent $22,000 -- --
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 $72,269 $6,349,814 $5,079,875 $1,269,939
2024 $72,269 $6,225,309 $4,980,270 $1,245,039
2023 $70,877 $6,103,245 $4,882,618 $1,220,627
2022 $70,044 $5,983,575 $4,786,881 $1,196,694
2021 $68,447 $5,866,251 $4,693,021 $1,173,230
2019 $39,380 $3,307,475 $2,645,985 $661,490
2018 $37,394 $3,242,623 $2,594,103 $648,520
2016 $36,067 $3,116,710 $2,493,372 $623,338
2015 $35,584 $3,069,895 $2,455,920 $613,975
2014 $35,045 $3,009,761 $2,407,812 $601,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-413668

The MLS

APN: 4458-011-005

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