NOT LISTED FOR SALE

Estimated Value: $2,999,000 - $3,932,000

6 Beds
4.5 Baths
4,542 Sq Ft
$734/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $2,012,000 $443 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $19,766/month

100 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Maid or Guest Quarters
  • Webster Elementary School Rated A
  • Heated Spa
  • Fireplace in Primary Bedroom

About This Home

As of March 2018

Back on market! Buyer didn't perform. Lake Arrowhead in Malibu. Phenomenal buyer opportunity to score big in Malibu! We haven't seen this kind of price on a view home like this in Malibu since the recession ended. 6 bedrooms! 4 ½ baths! 4542 square feet of living space (per appraiser)! Knockout ocean views! Priced less than $500 per square foot! This property has unlimited potential! Entry-level Malibu never looked so good! Unique wood and glass architectural home, custom built, only one owner! This sought after area of Malibu provides peace, serenity, and natural beauty to the people who live here. Looking to get away from the city? Here's your opportunity to find heaven in Malibu. It's equipped with a custom gourmet eat-in kitchen, farmer's sink, built-in Miele espresso machine, formal dining room, detached guest suite, updated master bath with his & her water closets. Make this large, rambling, elegant home your own.

Last Agent to Sell the Property

Kathy Ellis

Coldwell Banker Realty License #01320487 Listed on: 11/07/2017

Coldwell Banker Realty

Co-Listed By

Fiora Aston

Compass License #00991714

Last Buyer's Agent

Timothy Youngdahl

License #01928645

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • Property is zoned LCR14Y

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • Canyon

Interior Spaces

  • 4,542 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • Spa Bath

Outdoor Features

  • Heated Spa
  • Open Patio

Additional Features

  • Detached Guest House
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4453-014-015

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0.38 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 4542
  • Stories: 2
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 6
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 456.85

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa: Bath Tub, Heated
  • Spa Yn: Yes
  • View: Canyon, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4453-014-015
  • Geocode Override: No
  • Lot Size Area: 16553

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 16, 2018
Sold by
Reid John H and The John H Reid And Dafau Reid
Bought by
Digital Media Chain Llc
Seller's Agent
Kathy Ellis
Coldwell Banker Realty
Buyer's Agent
Timothy Youngdahl
List Price
$2,075,000
Sold Price
$2,012,000
Premium/Discount to List
-$63,000
-3.04%
Current Estimated Value
$3,332,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,320,602
Avg. Annual Appreciation
6.52%
Original Mortgage
$2,150,000
Interest Rate
4.38%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 2008
Sold by
Reid John H and Reid Darlene Dufau
Bought by
Reid John H and Reid Darlene Dufau
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Digital Media Chain Llc $2,012,000 Lawyers Title
Reid John H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Digital Media Chain Llc $2,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $2,012,000 -3.0% $443 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $2,075,000 -- $457 / Sq Ft
Source: The MLS

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 $26,830 $1,183,341 $1,183,341 --
2024 $26,830 $2,244,418 $1,784,828 $459,590
2023 $26,242 $2,200,411 $1,749,832 $450,579
2022 $25,964 $2,157,267 $1,715,522 $441,745
2021 $25,335 $2,114,969 $1,681,885 $433,084
2019 $24,835 $2,052,240 $1,632,000 $420,240
2018 $6,366 $495,338 $99,516 $395,822
2016 $6,081 $476,104 $95,652 $380,452
2015 $5,999 $468,954 $94,216 $374,738
2014 $5,932 $459,769 $92,371 $367,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-287924

The MLS

APN: 4453-014-015

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