NOT LISTED FOR SALE

26740 Latigo Shore Dr Malibu, CA 90265

Estimated Value: $8,247,000 - $8,991,000

4 Beds
2.5 Baths
1,805 Sq Ft
$4,692/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $4,550,000 $2,521 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $52,586/month

557 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Home Theater
  • Webster Elementary School Rated A
  • Property has ocean access
  • Oceanside

About This Home

As of March 2018

Located on the peaceful and beautiful Latigo Beach is this Cape Cod-style house with Catalina, city lights, coastline, mountain and ocean views. Gated with pad key entry into a large brick courtyard and the recently remodeled sun-filled home, the main level offers a huge great room that includes a living room with fireplace and glass sliders that open to an entertaining/viewing deck, a chef's kitchen and octagon-shaped dining area. Also on the main level is the master bedroom with fireplace and bath with claw tub, intimate library/office and bonus room. The lower level, with three bedrooms and large bath, has a wraparound wood deck with steps down to an outdoor shower and the sandy beach. The property consists of three separate parcels: 4460-021-019 - main house (lot sz: 8,026 sq.ft); 4460-022-039 - separate structure (lot sz: 6,176 sq.ft.); 4460-022-040 - used for off-street parking (lot sz: 325 sq.ft.).

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 08/12/2016

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 08/12/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,164

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 8,026 Sq Ft Lot
  • Beach Front
  • Gated Home
  • Irregular Lot
  • Property is zoned LCR1*

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Cape Cod Architecture
  • Wood Product Walls
  • Wood Siding

Interior Spaces

  • 1,805 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Security System Owned

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Powder Room
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Parking

  • 8 Car Detached Garage
  • Guest Parking

Outdoor Features

  • Property has ocean access
  • Oceanside
  • Living Room Balcony
  • Open Patio

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4460-021-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,164

Year Built

Built in 1945 | Remodeled

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1805
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1945
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, High Ceilings (9 Feet+), Living Room Balcony, Mirrored Closet Door(s), Open Floor Plan, Pre-wired for high speed Data, Storage Space, Wood Product Walls
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Tile, Wood
  • Appliances: Cooktop - Gas, Double Oven, Oven-Gas
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Powder Room, Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen, Living Room
  • Kitchen Features: Pantry
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Ice Maker, Network Wire, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 3019.39
  • Windows: Skylights

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Patio: Balcony, Living Room Balcony, Wood
  • Pool: No
  • Spa Yn: No
  • View: Catalina, City Lights, Coastline, Mountains, Ocean, Panoramic, White Water
  • View: Yes
  • Waterfront: Beach Rights, Ocean

Garage/Parking

  • Parking Garage: Detached, Parking for Guests, Private
  • Total Parking: 8

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Heating: Central, Forced Air
  • Security: Gated, Owned, Prewired for alarm system
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 1100.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Horses: No
  • Assessor Parcel Number: 4460-021-019
  • Geocode Override: No
  • Lot Description: Lot Shape-Irregular
  • Lot Location: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1
  • Lot Size Area: 8026

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Perenchio John G
Bought by
Perenchio Stephanic Fried
Current Estimated Value
$8,469,472

Purchase Details

Listed on
Aug 12, 2016
Closed on
Mar 2, 2018
Sold by
Perenchio Stephanie Freid
Bought by
Perenchio John G
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$5,995,000
Sold Price
$4,550,000
Premium/Discount to List
-$1,445,000
-24.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Listed on
Aug 12, 2016
Closed on
Mar 1, 2018
Sold by
Gibson Jonathan
Bought by
Perenchio John G
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$5,995,000
Sold Price
$4,550,000
Premium/Discount to List
-$1,445,000
-24.1%

Purchase Details

Closed on
Mar 16, 2015
Sold by
Gibson Charles
Bought by
Gibson Jonathan and Gibson Brothers Revocable Trust

Purchase Details

Closed on
Apr 9, 2012
Sold by
Gibson Jonathan D
Bought by
Gibson Jonathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2009
Sold by
Gibson Henry
Bought by
Gibson Henry and The Henry Gibson Revocable Trust
Source: Public Records

Range of Values:

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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
Perenchio Stephanic Fried -- None Available
Perenchio John G -- First American Title Company
Perenchio John G $4,550,000 First American Title Company
Gibson Jonathan -- None Available
Gibson Jonathan -- None Available
Gibson Jonathan D -- None Available
Gibson Jonathan D -- Lsi
Gibson Henry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Jonathan $770,000
Previous Owner Gibson Jonathan D $500,000
Previous Owner Gibson Jonathan D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $4,550,000 -16.5% $2,521 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
05/17/2017 05/17/17 Price Changed $5,450,000 -9.1% $3,019 / Sq Ft
08/12/2016 08/12/16 For Sale $5,995,000 -- $3,321 / 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 $76,164 $6,711,078 $4,546,214 $2,164,864
2024 $76,164 $6,579,489 $4,457,073 $2,122,416
2023 $74,749 $6,450,480 $4,369,680 $2,080,800
2022 $34,828 $2,948,553 $2,358,843 $589,710
2021 $34,039 $2,890,740 $2,312,592 $578,148
2020 $33,847 $2,861,100 $2,288,880 $572,220
2019 $33,370 $2,805,000 $2,244,000 $561,000
2018 $6,635 $535,532 $214,207 $321,325
2016 $6,368 $514,739 $205,890 $308,849
2015 $6,246 $507,008 $202,798 $304,210
2014 $6,203 $497,077 $198,826 $298,251
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2018

    Chris Cortazzo

    Compass

    (310) 457-3995

    226 Total Sales

    Chris Cortazzo
    Section Image
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Map

Source: The MLS

MLS Number: 16-157122

The MLS

APN: 4460-021-019

California Los Angeles County Malibu 90265

26740 Latigo Shore Dr, Malibu, CA

This home is located at 26740 Latigo Shore Dr, Malibu, CA 90265 since 12 August 2016 and is currently estimated at $8,469,472, approximately $4,692 per square foot. This property was built in 1945. 26740 Latigo Shore Dr is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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