$2,800,000
SOLD JUL 31, 2013
3 Beds
2 Baths
1,729 Sq Ft
1.15 Acres

Recently Sold

$1,619 Per Sq Ft

12% Below List Price

11 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage
  • Malibu Elementary School Rated A
  • Cul-De-Sac
  • Views

About This Home

As of July 2013

Opportunities like this don’t come along often. This charming 1957 Malibu ranch home is being offered for sale for the first time ever. Located on a quiet cul-de-sac street near the beach with over an acre of nearly flat land and a wide frontage. The development opportunities are endless! Complete with Riviera III beach key to one of Point Dume’s best private beaches.

Last Agent to Sell the Property

Catherine Teegarden

Distinctive Properties License #01051774 Listed on: 06/17/2013

Last Buyer's Agent

Shen Schulz

Sotheby's International Realty License #01327630

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,477

Year Built

  • Built in 1957

Lot Details

  • 1.15 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,729 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 118
  • Tax Tract Number 57
  • Assessor Parcel Number 4466010017

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,477

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4466010017
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1729.00
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1619.43

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 50038.00
  • Lot Size Acres: 1.1490

Multi Family

  • Lease Considered: No
  • Lot Size Area: 50038.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 118
  • Tax Tract Number: BK 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2013
Closed on
Jul 19, 2013
Sold by
Mchale Richard
Bought by
Baute Mark and Birchfield Gigi
Seller's Agent
Catherine Teegarden
Distinctive Properties
Buyer's Agent
Shen Schulz
Sotheby's International Realty
List Price
$3,195,000
Sold Price
$2,800,000
Premium/Discount to List
-$395,000
-12.36%
Current Estimated Value
$6,348,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,548,851
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Jan 10, 2012
Sold by
Mchale Richard
Bought by
Mchale Richard and R J Mchale Irrevocable Trust

Purchase Details

Closed on
May 1, 1998
Sold by
Mchale Raymond J
Bought by
Mchale Raymond J and Mchale Jeanne B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,800,000 North American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Rented $5,650 0.0% --
11/21/2014 11/21/14 Under Contract -- -- --
11/17/2014 11/17/14 For Rent $5,650 +2.7% --
02/12/2014 02/12/14 Rented $5,500 -12.7% --
02/12/2014 02/12/14 Under Contract -- -- --
01/14/2014 01/14/14 For Rent $6,300 +18.9% --
09/24/2013 09/24/13 Rented $5,300 -15.2% --
09/24/2013 09/24/13 Under Contract -- -- --
08/04/2013 08/04/13 For Rent $6,250 0.0% --
07/31/2013 07/31/13 Sold $2,800,000 -12.4% $1,619 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $3,195,000 -- $1,848 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $39,477 $3,365,108 $2,764,198 $600,910
2023 $38,722 $3,299,127 $2,709,999 $589,128
2022 $38,223 $3,234,439 $2,656,862 $577,577
2021 $37,327 $3,171,019 $2,604,767 $566,252
2019 $36,600 $3,076,966 $2,527,509 $549,457
2018 $34,765 $3,016,634 $2,477,950 $538,684
2016 $33,520 $2,899,496 $2,381,729 $517,767
2015 $33,070 $2,855,944 $2,345,954 $509,990
2014 $32,592 $2,800,000 $2,300,000 $500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13115365

California Regional Multiple Listing Service (CRMLS)

APN: 4466-010-017