NOT LISTED FOR SALE

Estimated Value: $6,813,000 - $13,296,624

4 Beds
3.5 Baths
5,500 Sq Ft
$1,635/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $13,100,000 $2,382 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $62,364/month

58 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • Heated Spa
  • Wood Flooring

About This Home

As of January 2021

Premiere Malibu beachfront property located on famed Malibu Road. This architectural triumph features a stunning open loft-like floor plan with walls of glass that open to endless views of the Pacific. The home features four bedrooms and three and a half bathrooms, an outdoor spa and a state of the art movie theater. The expansive master suite showcases some of the best sunsets Malibu has to offer. Easy access to all that Malibu has to offer. A real showstopper!

Last Agent to Sell the Property

Josh Flagg

Compass License #01470467 Listed on: 08/24/2020

Compass

Co-Listed By

Bobby E. Boyd

Carolwood Estates License #01718650

Last Buyer's Agent

Luis Robledo

License #01890062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $160,259

Year Built

  • Built in 1960

Lot Details

  • 8,280 Sq Ft Lot
  • Property is zoned LCR3*

Parking

  • Garage

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Ocean Views
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Outdoor Features

  • Heated Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4459-017-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$160,259

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 5500
  • Lot Acreage: 0.1901
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 4
  • 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: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 2354.55

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Heated
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4459-017-017
  • Lot Size Area: 8280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2020
Sold by
Ferguson Lisa
Bought by
25438 Malibu Rd Llc
Current Estimated Value
$8,994,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,825,000
Interest Rate
2.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2011
Sold by
C64829 Llc
Bought by
Ferguson Lisa and The Psh Trust

Purchase Details

Closed on
Dec 18, 2009
Sold by
Ironwood Oak Properties Llc
Bought by
C64829 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2005
Sold by
Crawford Byron and Crawford Jill
Bought by
Ironwood Oak Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Crawford Byron and Crawford Jill
Bought by
Ironwood Oak Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 8, 2004
Sold by
Mcloughlin Kerry Sean
Bought by
Ironwood Oak Properties Llc

Purchase Details

Closed on
Jan 15, 2004
Sold by
Thomas Margarite and The Barbara W Thomas Trust Agr
Bought by
Mcloughlin Kerry Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1991
Sold by
Thomas Barbara
Bought by
Thomas Barbara W
Source: Public Records

Range of Values:

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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
25438 Malibu Rd Llc $13,100,000 Fidelity National Title
Ferguson Lisa $12,000,120 Equity Title Co
C64829 Llc -- Ticor Title Co
Ironwood Oak Properties Llc -- --
Crawford Byron -- Equity Title
Ironwood Oak Properties Llc -- --
Crawford Byron -- --
Ironwood Oak Properties Llc -- Equity Title
Mcloughlin Kerry Sean -- Equity Title
Thomas Barbara W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 25438 Malibu Rd Llc $9,825,000
Previous Owner C64829 Llc $2,000,000
Previous Owner C64829 Llc $3,500,000
Previous Owner C64829 Llc $1,500,000
Previous Owner Crawford Byron $2,000,000
Previous Owner Crawford Byron $1,700,000
Previous Owner Mcloughlin Kerry Sean $800,000
Previous Owner Thomas Marguerite $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $13,100,000 +1.2% $2,382 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $12,950,000 -7.5% $2,355 / Sq Ft
09/24/2020 09/24/20 Price Changed $13,995,000 -6.4% $2,545 / Sq Ft
08/24/2020 08/24/20 For Sale $14,950,000 0.0% $2,718 / Sq Ft
03/11/2014 03/11/14 Rented $40,000 0.0% --
03/11/2014 03/11/14 Under Contract -- -- --
11/14/2013 11/14/13 For Rent $40,000 -- --
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 $160,259 $14,179,860 $12,052,882 $2,126,978
2024 $160,259 $13,901,824 $11,816,551 $2,085,273
2023 $157,293 $13,629,240 $11,584,854 $2,044,386
2022 $155,480 $13,362,000 $11,357,700 $2,004,300
2021 $161,410 $13,924,831 $11,604,029 $2,320,802
2020 $160,508 $13,782,510 $11,485,044 $2,297,466
2019 $158,296 $13,512,275 $11,259,848 $2,252,427
2018 $150,430 $13,247,338 $11,039,067 $2,208,271
2016 $145,184 $12,732,487 $10,610,407 $2,122,080
2015 $143,239 $12,541,234 $10,451,029 $2,090,205
2014 $141,021 $12,295,569 $10,246,308 $2,049,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-622880

The MLS

APN: 4459-017-017