NOT LISTED FOR SALE

Estimated Value: $7,033,540

3 Beds
2 Baths
1,296 Sq Ft
$5,427/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2017

Last sale price $6,800,000 $5,247 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $46,778 / mo

1 Day on Market

Highlights

  • White Water Ocean Views
  • No HOA
  • Open Patio
  • Wood Flooring
  • Cottage
  • 2 Car Garage

About This Home

As of June 2017

Situated on one of the sandiest spots on Malibu Road sits this classic 1950's original. The potential is endless. Either take the existing house and remodel for a wonderful beach cottage or build your dream beach home. Enter through the gate stepping down to a beautiful courtyard and garden as the real world disappears behind you. The house sits below the road for ultimate privacy. The upper level has 2 small bedrooms, a nice sized living room with fireplace and a kitchen with an incredible outside deck. Lower level has been updated to include 1 bedroom, 1 bathroom with a beautiful living area with steps to the sand. There is an additional studio located underneath the garage with bath and kitchenette and views from the bed to the water. This home has not been on the market for over 40 years. Come see this most sought after location on the beach in Malibu.

Last Agent to Sell the Property

Elizabeth Campbell

Pinnacle Estate Properties License #01427930 Listed on: 04/24/2017

Pinnacle Estate Properties

Co-Listed By

Jeff Chertow

Pinnacle Estate Properties License #00976750

Last Buyer's Agent

Daphne Spanier

Pinnacle Estate Properties License #01062901

Pinnacle Estate Properties
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,874 Sq Ft Lot
  • Property is zoned LCR1*

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • City Lights

Home Design

  • Cottage

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Located Outside

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Open Patio
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-013-030

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

7,874 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1296
  • Stories: 2
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Outside
  • Maids Room: 1
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 5285.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Heating: Electric, Fireplace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4458-013-030
  • Geocode Override: No
  • Lot Size Area: 7874

Multi Family

  • Number Of Units: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 12, 2017
Sold by
Bought by
Seller's Agent
Elizabeth Campbell
Pinnacle Estate Properties
Buyer's Agent
Daphne Spanier
Pinnacle Estate Properties
List Price
$6,850,000
Sold Price
$6,800,000
Premium/Discount to List
-$50,000
-0.73%
Current Estimated Value
$7,033,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,540
Avg. Annual Appreciation
0.37%
Original Mortgage
$5,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Malibu Road, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Priority Title
$6,800,000 Priority Title Company
-- Priority Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,420,200
Closed $5,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/13/2017 06/13/17 Sold $6,800,000 -0.7% $5,247 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $6,850,000 -- $5,285 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $96,542 $7,891,977 $6,313,584 $1,578,393
2024 $89,547 $7,737,234 $6,189,789 $1,547,445
2023 $87,845 $7,585,524 $6,068,421 $1,517,103
2022 $86,812 $7,436,789 $5,949,433 $1,487,356
2021 $84,839 $7,290,971 $5,832,778 $1,458,193
2019 $83,199 $7,074,720 $5,659,776 $1,414,944
2018 $79,064 $6,936,000 $5,548,800 $1,387,200
2016 $20,711 $1,759,614 $1,315,754 $443,860
2015 $20,023 $1,733,184 $1,295,991 $437,193
2014 $19,760 $1,699,234 $1,270,605 $428,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-223490

The MLS

APN: 4458-013-030

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