NOT LISTED FOR SALE

Estimated Value: $6,386,000 - $11,655,734

3 Beds
3 Baths
2,810 Sq Ft
$3,262/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $10,500,000 $3,737 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $58,976/month

98 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Attached Guest House
  • Webster Elementary School Rated A
  • Property has ocean access
  • Wine Cellar

About This Home

As of April 2018

This newly remodeled two-level, 3 bdrm/3 ba contemporary home is the essence of taste, beauty & style. From the chic courtyard w/fireplace feature, continue down gorgeous maple wood steps to the ideal living & entertaining floor plan, which melds living room, w/backlit, sand blasted white onyx fireplace, dining room & a sleek, modern kitchen w/glass enclosed wine room & Italian through body porcelain floors. Walls of glass open to a spacious wood deck for entertaining w/unparalleled ocean views from every vista. The luxurious owner's suit boasts maple wood charcoal stain floors, walls of glass w/ocean views, romantic fireplace & an enormous closet. The spa-like bath w/caesarstone thermoformed countertops & glass-walled shower is the perfect space to relax in the opulent white tub. Two additional en-suite bedrooms, plus outdoor guest room w/bath make this exceptional property a rare treat for those fortunate to call it home. Also for lease @$45,000 per month.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 10/12/2017

Compass

Last Buyer's Agent

Barry Kinyon

Compass License #01097786

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 5,836 Sq Ft Lot
  • Beach Front
  • Property is zoned LCR106

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,810 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Track Lighting
  • Raised Hearth
  • Gas Fireplace
  • Blinds
  • Wine Cellar
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room Balcony
  • Dining Area
  • Home Theater
  • Atrium Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Powder Room
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Shower Only
  • Spa Bath
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Spa
  • Property has ocean access
  • Oceanside
  • Deck
  • Wood Patio
  • Outdoor Gas Grill

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Septic Tank
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-011-030

Home Details

Home Type

Single Family

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Other
  • Living Area: 2810
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Detached/No Common Walls, Drywall Walls, Living Room Balcony, Open Floor Plan, Phone System, Pre-wired for high speed Data, Pre-wired for surround sound, Track Lighting, Turnkey
  • Fireplace Rooms: Gas, Living Room, Master Bedroom, Raised Hearth
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Gas Grill, Oven-Gas, Range, Range Hood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Remodeled, Shower Stall, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, In Kitchen, Kitchen Island, Living Room
  • Kitchen Features: Gourmet Kitchen, Island, Open to Family Room, Remodeled, Stone Counters
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Network Wire, Phone System, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4003.56
  • Windows: Window Blinds

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Patio: Deck(s), Living Room Balcony, Wood
  • Pool: No
  • Roof: Composition
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Garage - 2 Car, Parking for Guests, Private, Side By Side
  • Total Parking: 6

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: Owned, Prewired for alarm system, Smoke Detector
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Horses: No
  • Assessor Parcel Number: 4458-011-030
  • Geocode Override: No
  • Lot Description: Street Paved
  • Lot Location: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1
  • Lot Size Area: 5836

Rental Info

  • Lease Option: 1

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2019
Sold by
Brizel Dean
Bought by
Brizel Dean and Dean Brizel Living Trust
Current Estimated Value
$9,167,245

Purchase Details

Listed on
Oct 12, 2017
Closed on
Apr 6, 2018
Sold by
1St Wave Llc
Bought by
Brizel Dean
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Barry Kinyon
Compass
List Price
$11,250,000
Sold Price
$10,500,000
Premium/Discount to List
-$750,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.74%
Original Mortgage
$750,000
Outstanding Balance
$628,114
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$8,539,131

Purchase Details

Listed on
Nov 10, 2011
Closed on
Mar 23, 2012
Sold by
Gilfenbain Marilyn
Bought by
1St Wave Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$7,495,000
Sold Price
$5,850,000
Premium/Discount to List
-$1,645,000
-21.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Aug 23, 2001
Sold by
Gilfenbain Marilyn
Bought by
Gilfenbain Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
7.21%

Purchase Details

Closed on
Mar 22, 1997
Sold by
Gilfenbein Marilyn
Bought by
Gilfenbain Marilyn

Purchase Details

Closed on
Mar 13, 1996
Sold by
Feinman Elliot
Bought by
Gilfenbein Marilyn

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
7.01%

Purchase Details

Closed on
Nov 20, 1995
Sold by
Shlenker Martha A
Bought by
Feinman Elliott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brizel Dean -- None Available
Brizel Dean $10,300,000 Usa National Title
1St Wave Llc $5,850,058 Equity Title
Gilfenbain Marilyn -- Gateway Title Company
Gilfenbain Marilyn -- --
Gilfenbein Marilyn $1,400,000 --
Feinman Elliott $1,365,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brizel Dean $750,000
Previous Owner Gilfenbain Marilyn $950,000
Previous Owner Gilfenbein Marilyn $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2018 04/20/18 Sold $10,500,000 -6.7% $3,737 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $11,250,000 +92.3% $4,004 / Sq Ft
04/26/2012 04/26/12 Sold $5,850,000 -13.9% $2,082 / Sq Ft View Prior Sale
11/11/2011 11/11/11 Price Changed $6,795,000 -9.3% $2,418 / Sq Ft
11/10/2011 11/10/11 For Sale $7,495,000 -- $2,667 / 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 $132,477 $11,719,639 $10,240,463 $1,479,176
2024 $132,477 $11,489,843 $10,039,670 $1,450,173
2023 $130,006 $11,264,553 $9,842,814 $1,421,739
2022 $128,533 $11,043,680 $9,649,818 $1,393,862
2021 $125,559 $10,827,138 $9,460,606 $1,366,532
2019 $123,132 $10,506,000 $9,180,000 $1,326,000
2018 $73,749 $6,457,850 $3,851,087 $2,606,763
2016 $71,130 $6,207,086 $3,701,546 $2,505,540
2015 $70,151 $6,113,851 $3,645,946 $2,467,905
2014 $69,091 $5,994,090 $3,574,527 $2,419,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-281242

The MLS

APN: 4458-011-030