NOT LISTED FOR SALE

Estimated Value: $6,284,000 - $11,011,478

4 Beds
4.5 Baths
2,491 Sq Ft
$3,551/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $11,175,000 $4,486 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $57,620/month

151 Days on Market

Highlights

  • Ocean Front
  • In Ground Spa
  • Spanish Architecture
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of December 2022

Rare opportunity to own 70 feet of beach frontage on the deepest and best section of sandy beach on Malibu Rd. It does not get better than this family heirloom. Classic Spanish style home remodeled in the 80s with character and charm. A large entry courtyard makes for a private entertaining space. The main floor opens to expansive deck space and easy beach access. Master occupies the entire 2nd floor with a fireplace, a private balcony, and generous closets. Tenant occupied.

Last Agent to Sell the Property

Gail Copley

Coldwell Banker Realty License #00943961 Listed on: 06/16/2022

Coldwell Banker Realty

Co-Listed By

Josh Spiegel

Sotheby's International Realty License #01861803

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 1954

Lot Details

  • 9,300 Sq Ft Lot
  • Ocean Front
  • South Facing Home
  • Property is zoned LCR3*

Property Views

  • White Water Ocean
  • Mountain

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 2,491 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Tile Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 5 Parking Spaces
  • Driveway

Outdoor Features

  • In Ground Spa
  • Open Patio

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4459-015-002

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2491
  • Lot Acreage: 0.2135
  • Stories: 2
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 4777.20

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Pool: No
  • Roof: Tile
  • Spa: In Ground
  • Spa Yn: Yes
  • View: White Water, Ocean, Mountains
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4459-015-002
  • Lot Size Area: 9300

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Dec 20, 2022
Sold by
Currey Family Trust
Bought by
Hahn Katharina
Seller's Agent
Gail Copley
Coldwell Banker Realty
Buyer's Agent
Enzo Ricciardelli
Sotheby's International Realty
List Price
$13,900,000
Sold Price
$11,175,000
Premium/Discount to List
-$2,725,000
-19.6%
Views
263
Current Estimated Value
$8,937,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,237,883
Avg. Annual Appreciation
-7.43%

Purchase Details

Closed on
Feb 20, 2020
Sold by
Currey Jan and Currey Family Trust
Bought by
Currey Jan and Wetton Mark Patrick

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
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hahn Katharina $11,150,000 Equity Title
Currey Jan -- Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Currey Jan $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $11,175,000 -6.1% $4,486 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $11,900,000 -7.8% $4,777 / Sq Ft
07/19/2022 07/19/22 Price Changed $12,900,000 -7.2% $5,179 / Sq Ft
06/16/2022 06/16/22 For Sale $13,900,000 0.0% $5,580 / Sq Ft
10/19/2021 10/19/21 Rented $30,000 0.0% --
08/18/2021 08/18/21 For Rent $30,000 +9.1% --
10/27/2020 10/27/20 Rented $27,500 -8.3% --
09/21/2020 09/21/20 Price Changed $30,000 -33.3% $12 / Sq Ft
05/11/2020 05/11/20 For Rent $45,000 -- --
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 $131,202 $11,600,459 $8,502,460 $3,097,999
2024 $131,202 $11,373,000 $8,335,746 $3,037,254
2023 $128,754 $11,150,000 $8,172,300 $2,977,700
2022 $13,097 $1,046,744 $607,418 $439,326
2021 $12,813 $1,026,220 $595,508 $430,712
2019 $12,562 $995,784 $577,846 $417,938
2018 $11,919 $976,260 $566,516 $409,744
2016 $11,468 $938,352 $544,518 $393,834
2015 $11,316 $924,258 $536,339 $387,919
2014 $11,165 $906,154 $525,833 $380,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-166145

The MLS

APN: 4459-015-002