$2,598,000
SOLD MAR 17, 2023
4 Beds
3.5 Baths
2,935 Sq Ft
3.72 Acres

Recently Sold

$885 Per Sq Ft

4% Above List Price

31 Days on Market

Highlights

  • Parking available for a boat
  • Spa
  • 3.72 Acre Lot
  • Chaparral Elementary School Rated A
  • Panoramic View
  • Fireplace in Primary Bedroom

About This Home

As of March 2023

Modern living at its finest in this stylish mountaintop estate. Peacefully located on a quiet and secluded 3.7 acres surrounded by nature in the tranquility of the Malibu Hills. This 4 bedroom, 3.5 bath plus office, modern farmhouse received a tasteful and timeless remodel in 2020 by acclaimed designer Jennifer Farrell featuring custom glass walls, a floating glass and steel staircase, herringbone floors, wood burning fireplace and a NanaWall that opens to panoramic views of the Santa Monica Mountains. The luxurious interior includes a gourmet kitchen with stainless steel appliances, Caesarstone and porcelain countertops, a walnut island, and a dedicated office with stunning views opening to a large wrap-around deck. Two elegantly appointed bedrooms, a full bathroom, powder, and a laundry room complete the downstairs. The upstairs includes a beautifully appointed guest suite and the primary wing which boasts custom closets, a coffee and wine bar, and Fleetwood glass doors that open to a private balcony with mesmerizing views. The primary bathroom is outfitted with separate vanities, an ultra-stylish wet room with a luxury 3-way shower, a soaking tub, and a skylight. This mountaintop estate is truly one of a kind.

Last Agent to Sell the Property

Ignacio Rodriguez Diaz

Westside Estate Agency-Malibu License #01866939 Listed on: 01/11/2023

Westside Estate Agency-Malibu

Co-Listed By

Stephen Shapiro

Westside Estate Agency Inc. License #00388759

Last Buyer's Agent

Behzad Dabiran

Beverly and Company, Inc. License #01357017

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,059

Year Built

  • Built in 1971

Lot Details

  • 3.72 Acre Lot
  • Gated Home
  • Property is zoned LCA11*

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Hills

Home Design

  • Farmhouse Style Home
  • Metal Roof

Interior Spaces

  • 2,935 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 10 Parking Spaces
  • Driveway
  • Parking available for a boat
  • RV Potential

Outdoor Features

  • Spa
  • Wrap Around Porch

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4455-041-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,059

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Living Area: 2935
  • Lot Acreage: 3.7217
  • Stories: 2
  • Year Built: 1971
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Refrigerator, Ceiling Fan, Microwave, Ice Maker
  • Fireplace: Yes
  • Price Per S Q F T: 850.09

Exterior Features

  • Other Structures: None
  • Patio: Wrap Around Porch, Covered
  • Pool: No
  • Roof: Metal
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Hills, Trees/Woods, Panoramic, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Boat, RV Possible
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Fireplace
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4455-041-013
  • Lot Size Area: 162118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 13, 2023
Sold by
Bidari Debbie
Bought by
Bidari Taimoor
Seller's Agent
Ignacio Rodriguez Diaz
Westside Estate Agency-Malibu
Buyer's Agent
Behzad Dabiran
Beverly and Company, Inc.
List Price
$2,495,000
Sold Price
$2,598,000
Premium/Discount to List
$103,000
4.13%
Views
292
Current Estimated Value
$3,028,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,191
Avg. Annual Appreciation
8.11%
Original Mortgage
$1,948,500
Outstanding Balance
$1,895,653
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,227,035

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 9, 2023
Sold by
Busch Drive Trust
Bought by
Bidari Zahra and Bidari Taimoor
Seller's Agent
Ignacio Rodriguez Diaz
Westside Estate Agency-Malibu
Buyer's Agent
Behzad Dabiran
Beverly and Company, Inc.
List Price
$2,495,000
Sold Price
$2,598,000
Premium/Discount to List
$103,000
4.13%
Views
292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,948,500
Outstanding Balance
$1,895,653
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,227,035

Purchase Details

Listed on
Aug 29, 2020
Closed on
Sep 18, 2020
Sold by
Farrell Jennifer Alyne and Jennifer Farrell Trust
Bought by
Grey Bonnie and The Busch Drive Trust
Seller's Agent
Kofi Nartey
Globl RED
Buyer's Agent
Janice Leonard
Pinnacle Estate Properties
List Price
$2,695,000
Sold Price
$2,450,000
Premium/Discount to List
-$245,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
Dec 4, 2018
Sold by
Staniec Mark
Bought by
Farrell Jennifer

Purchase Details

Listed on
Apr 19, 2018
Closed on
Aug 27, 2018
Sold by
Goldman Amy L
Bought by
Farrell Jennifer Alyne and Jennifer Farrell Trust
Seller's Agent
Nona Green
Coldwell Banker Realty
List Price
$1,149,000
Sold Price
$935,000
Premium/Discount to List
-$214,000
-18.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.19%
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2010
Sold by
Ramage Scott R
Bought by
Ramage Scott and The Ramage Trust

Purchase Details

Closed on
Apr 19, 2002
Sold by
Barnett Donald J and Barnett Ola Wilma
Bought by
Ramage Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
6.52%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- First American Title
Deed -- First American Title
Grant Deed $2,598,000 First American Title
Grant Deed $2,450,000 Stewart Title Company
Quit Claim Deed -- None Available
Quit Claim Deed $935,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $670,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,948,500 New Conventional
Previous Owner $1,837,500 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $469,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $505,000 Unknown
Previous Owner $502,500 No Value Available
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $2,598,000 +4.1% $885 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $2,495,000 -4.0% $850 / Sq Ft
01/15/2023 01/15/23 Off Market $2,598,000 -- --
01/11/2023 01/11/23 For Sale $2,495,000 +1.8% $850 / Sq Ft
10/20/2020 10/20/20 Sold $2,450,000 -9.1% $835 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $2,695,000 +188.2% $918 / Sq Ft
09/14/2018 09/14/18 Sold $935,000 -18.6% $443 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $1,149,000 -- $544 / 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
2024 $30,059 $2,649,960 $1,581,000 $1,068,960
2023 $28,826 $2,548,979 $1,892,279 $656,700
2022 $28,026 $2,499,000 $1,855,176 $643,824
2021 $27,959 $2,450,000 $1,818,800 $631,200
2019 $13,839 $1,200,000 $800,000 $400,000
2018 $10,044 $852,828 $341,131 $511,697
2017 $9,844 $836,107 $334,443 $501,664
2016 $9,529 $819,714 $327,886 $491,828
2015 $9,367 $807,402 $322,961 $484,441
2014 $9,290 $791,587 $316,635 $474,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-231217

The MLS

APN: 4455-041-013