$2,800,000
SOLD AUG 5, 2016
4 Beds
3 Baths
3,104 Sq Ft
0.39 Acres

Recently Sold

$902 Per Sq Ft

7% Below List Price

115 Days on Market

Highlights

  • Gourmet Kitchen
  • Primary Bedroom Suite
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Gated Community
  • High Ceiling

About This Home

As of August 2016

Charming two-story Hampton-style, Point Dume home with coveted beach key on gated street. Providing complete privacy with high-manicured hedges and wood fence, this four bedroom/3 bath home with beautiful pecan hardwood floors throughout, offers a warm and inviting entry that leads to a sun-filled formal living room with patio and formal dining room with fireplace. Spacious great room with family/media area that's opens to a breakfast/lunch dining space and gorgeous, well-designed granite island gourmet kitchen. Custom wood stairs lead to the second floor with three pergola decks; owner's suite with spa-like bath and vast closet; plus two additional bedrooms. Beautiful landscaped grounds offer a large patio that's perfect for lavish entertaining or intimate gatherings. Two-car garage with guest parking and outdoor shower. Close to award winning schools, local restaurants and private deeded access to gorgeous Malibu beach.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 03/18/2016

Compass

Last Buyer's Agent

Bill Moss

Coldwell Banker Realty License #00860010

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,568

Year Built

  • Built in 2003

Lot Details

  • 0.39 Acre Lot
  • Property fronts a private road
  • Gated Home
  • Wood Fence
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Lawn
  • Back Yard
  • Property is zoned LCC2-CH*

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Driveway
  • Guest Parking

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Custom Window Coverings
  • Blinds
  • Entryway
  • Great Room
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 4466-019-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,568

Year Built

Built in 2003

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Year Built: 2003
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Detached/No Common Walls, High Ceilings (9 Feet+)
  • Fireplace Rooms: Dining
  • Flooring: Carpet, Tile, Wood
  • Appliances: Gas, Microwave, Oven-Gas, Range, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Shower and Tub, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Family Room, Formal Dining Rm, In Kitchen, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Open to Family Room
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Network Wire, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Windows: Custom Window Covering, Window Blinds

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), Sprinkler System
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Balcony, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Driveway - Combination, Garage - 2 Car, Garage Is Detached, Parking for Guests - Onsite, Private
  • Total Parking: 6

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Exterior Security Lights, Fire and Smoke Detection System, Gated, Owned, T.V.
  • Sewer: Septic Tank
  • Water: District

Association/Amenities

  • Amenities: Gated Community

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 170.00

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Drip System, Front, Rear, Side, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4466-019-035
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced, Gated Community, Gutters, Landscaped, Lawn, Street Paved, Yard
  • Lot Location: Private Road
  • Lot Size Area: 16999

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jul 8, 2016
Sold by
Schack David P and Schack Jacquelyn L
Bought by
The Entrust Group Inc and David Mark Ryan Ira #0237676
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Bill Moss
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,800,000
Premium/Discount to List
-$195,000
-6.51%
Current Estimated Value
$5,441,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,641,554
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Jun 2, 2011
Sold by
Schack David P and Schack Jacquelyn L
Bought by
Schack David P and Schack Jacquelyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2005
Sold by
Stansfield David
Bought by
Schack David P and Schack Jacquelyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Stansfield Denise
Bought by
Stansfield David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Portshead Partners Llc
Bought by
Stansfield David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2001
Sold by
Layman Financial Services Inc
Bought by
Portshead Road Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,415,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 1998
Sold by
Layman Financial Investors No 7
Bought by
Layman Financial Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 1998
Sold by
Towfigh Hossein
Bought by
Layman Financial Investors #7
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 -- Fidelity Sherman Oaks
Interfamily Deed Transfer -- Lawyers Title Sd
Grant Deed $2,000,000 Equity Title Company
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed -- Fidelity National Title
Grant Deed $2,100,000 Lawyers Title Company
Grant Deed $600,000 Lawyers Title Company
Trustee Deed $575,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,400,000 New Conventional
Previous Owner $1,390,000 New Conventional
Previous Owner $1,390,000 Unknown
Previous Owner $1,390,000 Unknown
Previous Owner $1,390,000 Unknown
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $815,000 Unknown
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $5,415,000 Construction
Previous Owner $500,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Rented $14,500 0.0% --
02/28/2023 02/28/23 Under Contract -- -- --
02/09/2023 02/09/23 For Rent $14,500 +76.8% --
12/01/2018 12/01/18 Rented $8,200 -2.4% --
10/26/2018 10/26/18 Under Contract -- -- --
10/10/2018 10/10/18 Price Changed $8,400 -6.6% $3 / Sq Ft
09/12/2018 09/12/18 Price Changed $8,995 -0.1% $3 / Sq Ft
09/04/2018 09/04/18 Price Changed $9,000 -2.7% $3 / Sq Ft
08/03/2018 08/03/18 Price Changed $9,250 -2.6% $3 / Sq Ft
07/13/2018 07/13/18 Price Changed $9,495 -5.0% $3 / Sq Ft
06/25/2018 06/25/18 Price Changed $9,995 -4.8% $3 / Sq Ft
06/14/2018 06/14/18 Price Changed $10,500 -8.7% $3 / Sq Ft
05/15/2018 05/15/18 For Rent $11,500 +15.0% --
06/29/2017 06/29/17 Rented $10,000 -4.8% --
06/29/2017 06/29/17 For Rent $10,500 0.0% --
06/19/2017 06/19/17 Off Market $10,500 -- --
05/22/2017 05/22/17 Price Changed $10,500 -8.7% $3 / Sq Ft
04/14/2017 04/14/17 For Rent $11,500 +12.7% --
11/14/2016 11/14/16 Rented $10,200 -2.9% --
11/03/2016 11/03/16 For Rent $10,500 0.0% --
10/24/2016 10/24/16 Off Market $10,500 -- --
08/26/2016 08/26/16 For Rent $10,500 0.0% --
08/05/2016 08/05/16 Sold $2,800,000 -6.5% $902 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $2,995,000 -- $965 / 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 $37,568 $3,249,635 $2,498,391 $751,244
2024 $37,568 $3,185,917 $2,449,403 $736,514
2023 $36,850 $3,123,449 $2,401,376 $722,073
2022 $36,372 $3,062,206 $2,354,291 $707,915
2021 $35,509 $3,002,164 $2,308,129 $694,035
2019 $34,819 $2,913,119 $2,239,669 $673,450
2018 $32,992 $2,856,000 $2,195,754 $660,246
2016 $27,293 $2,354,986 $1,879,870 $475,116
2015 $26,926 $2,319,613 $1,851,633 $467,980
2014 $26,527 $2,274,176 $1,815,363 $458,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-107410

The MLS

APN: 4466-019-035