NOT LISTED FOR SALE

2727 Corral Canyon Rd Malibu, CA 90265

El Nido Neighborhood

Estimated Value: $2,750,000 - $3,163,000

3 Beds
2.5 Baths
2,270 Sq Ft
$1,289/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2015

Last sale price $1,735,000 $764 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $17,519 / mo

Highlights

  • Ocean View
  • Solar Power System
  • Fireplace in Primary Bedroom
  • Webster Elementary School Rated A
  • 229,113 Sq Ft lot
  • Wood Flooring

About This Home

As of May 2020

Gorgeous Malibu 5-acre estate . This modern 3-bedroom, 3 bath home has unobstructed ocean and mountain views of the Queen's Necklace, Catalina and beyond and is located in the peaceful friendly neighborhood of Corral Canyon just minutes to the beach. Surf at one of Malibu's popular surfing spots nearby or hike one of many trails outside your back door. The home amenities include a full-size wine refrigerator, Nest for outside camera and thermostat, solar, A/C unit, Reverse Osmosis water filtration system for drinking water, whole house water filtration/ softeners, chlorine removal from showers and taps and fruit trees for your enjoyment. Owner prefers short term rentals at $12,000 per month.

Last Agent to Rent the Property

Catherine Bindley

Compass License #01399981 Listed on: 01/02/2020

Compass

Co-Listed By

Debbie Kester

Douglas Elliman License #01942010

Douglas Elliman

Last Renter's Agent

Debbie Kester

Douglas Elliman License #01942010

Douglas Elliman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 5.26 Acre Lot
  • Property is zoned LCA25-A11*

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Guest Parking

Utilities

  • Air Conditioning
  • Central Heating
  • Water Purifier
  • Water Conditioner
  • Phone System
  • Cable TV Available

Additional Features

  • Solar Power System
  • Open Patio

Listing and Financial Details

  • Security Deposit $18,000
  • Tenant pays for cable TV, electricity, gardener, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4457-001-018

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

5.26 Acres

Rental Info

  • Furnished: Furnished
  • Security Deposit: 18000
  • Tenant Pays: Cable TV, Electricity, Gardener, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 2270
  • Stories: 2
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Network Wire, Phone System, Range/Oven, Refrigerator, Solar Panels, Washer, Water Conditioner, Water Filter, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 3.92

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, City Lights, Coastline, Mountains, Ocean, Panoramic, Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Driveway, Garage - 2 Car, Garage Is Attached, Parking for Guests, Parking for Guests - Onsite, Private
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Fireplace

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4457-001-018
  • Geocode Override: No
  • Lot Size Area: 229113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Sep 1, 2015
Sold by
Merrick Arthur P and Estate Of Monte Lynn Merrick
Bought by
Mitcheii Satsuki and Satsuki Mitchell Living Trust
Seller's Agent
Ellen Francisco
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,675,000
Sold Price
$1,735,000
Premium/Discount to List
$60,000
3.58%
Current Estimated Value
$2,925,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,190,364
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Apr 29, 2003
Sold by
Stoney Heights Llc
Bought by
Malibu Ocean Ranches Llc

Purchase Details

Closed on
Aug 15, 2000
Sold by
Calmic Dev Grp
Bought by
Malibu Ocean Ranches Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
8.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 1994
Sold by
Mills James Lawrence
Bought by
Merrick Monte L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
7.79%
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
Mitcheii Satsuki $1,735,000 Equity Title Los Angeles
Malibu Ocean Ranches Llc -- --
Malibu Ocean Ranches Llc $265,000 First American Title Co
Merrick Monte L $665,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malibu Ocean Ranches Llc $132,500
Previous Owner Merrick Monte L $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2020 05/27/20 Rented $9,000 +1.1% --
02/20/2020 02/20/20 Price Changed $8,900 -1.1% $4 / Sq Ft
12/12/2019 12/12/19 For Rent $9,000 0.0% --
09/10/2015 09/10/15 Sold $1,735,000 +3.6% $764 / Sq Ft View Prior Sale
08/07/2015 08/07/15 For Sale $1,675,000 -- $738 / 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 $24,111 $2,053,880 $999,003 $1,054,877
2024 $24,111 $2,013,609 $979,415 $1,034,194
2023 $23,534 $1,974,127 $960,211 $1,013,916
2022 $23,311 $1,935,420 $941,384 $994,036
2021 $22,739 $1,897,472 $922,926 $974,546
2019 $22,274 $1,841,194 $895,552 $945,642
2018 $21,176 $1,805,093 $877,993 $927,100
2016 $20,401 $1,735,000 $843,900 $891,100
2015 $11,409 $940,455 $516,191 $424,264
2014 $11,306 $922,034 $506,080 $415,954
Source: Public Records

Agents Affiliated with this Home

  • Catherine Bindley

    Landlord's Agent in 2020

    Catherine Bindley

    Compass

    (310) 980-6448

    13 Total Sales

    Catherine Bindley
    Section Image

  • D

    Landlord's Co-Listing Agent in 2020

    Debbie Kester

    Douglas Elliman

    Section Image
  • Ellen Francisco

    Seller's Agent in 2015

    Ellen Francisco

    Coldwell Banker Realty

    (310) 589-2464

    1 in this area

    21 Total Sales

    Ellen Francisco
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jack Brown

    Rodeo Realty

    (310) 429-3781

    2 Total Sales

    Jack Brown
    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 19-535814

The MLS

APN: 4457-001-018

California Los Angeles County Malibu 90265 El Nido

2727 Corral Canyon Rd, Malibu, CA

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