NOT LISTED FOR SALE

Estimated Value: $3,765,000 - $5,174,000

4 Beds
5 Baths
4,412 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $4,300,000 $975 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $27,178/month

63 Days on Market

Highlights

  • White Water Ocean Views
  • 2.23 Acre Lot
  • Spanish Architecture
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of July 2022

Welcome to Casa Valmere, a fully restored, Montecito Spanish-style estate with dramatic ocean, whitewater and Point Dume views from nearly every room. The one-of-a-kind retreat provides multiple flat areas to build your micro vineyard, workshop, in-law cottage, sport court, swimming pool, or viewing terrace. The home features an abundance of old world craftsmanship blended with modern, clean lines. No detail has been overlooked. The private executive home includes two distinct home offices, recessed bookcases throughout, a sitting room, four bedrooms, and multiple living areas. Other amenities include top of the line appliances, fixtures, custom cabinetry (especially in the gourmet chef's kitchen), Vantage Smart Home (including lighting, television, streaming devices, and indoor/outdoor sound system). There are two gas fireplaces, two wood-burning fireplaces with limestone mantels designed specifically for the house, hand-forged wrought iron outdoor lighting and front door, two-inch red oak exterior thresholds, interior marble thresholds, hand-painted tiles, and heavy gauge copper sinks, no element has been missed. Step outside to gather from the many fruit trees, herb, and vegetable gardens. Don't miss this extraordinary opportunity to experience the best of Malibu life with its award-winning school district, easygoing vibe and world-class shops and restaurants. Casa Valmere must be seen in person to fully appreciate the splendor.

Last Agent to Sell the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 04/21/2022

The Agency

Co-Listed By

Alex Brunkhorst

Compass License #01457282

Last Buyer's Agent

Cherie Iseppi

Christie's International Real Estate SoCal License #02039646

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

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

Property Views

  • White Water Ocean
  • Panoramic
  • Trees
  • Mountain
  • Hills

Home Design

  • Spanish Architecture

Interior Spaces

  • 4,412 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room
  • Tile Flooring
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4457-001-023

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 4412
  • Lot Acreage: 2.2291
  • Stories: 2
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Gas and Wood, Family Room
  • Flooring: Tile, Mixed
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Garbage Disposal, Dryer, Dishwasher, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 1076.61

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Panoramic, Tree Top, White Water, Ocean, Mountains, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Attached, Driveway, Garage - 2 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4457-001-023
  • Lot Size Area: 97101

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2018
Closed on
May 9, 2018
Sold by
Cullum Kathy
Bought by
Lech Loubet Margaret M
Seller's Agent
Pamella Whitham
Sotheby's International Realty
Buyer's Agent
Alex Brunkhorst
Compass
List Price
$2,680,000
Sold Price
$2,187,500
Premium/Discount to List
-$492,500
-18.38%
Current Estimated Value
$4,469,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,281,678
Avg. Annual Appreciation
9.91%
Original Mortgage
$1,487,500
Outstanding Balance
$1,283,725
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$3,185,453
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lech Loubet Margaret M $2,187,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lech Loubet Margaret M $1,487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $4,300,000 -9.5% $975 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $4,750,000 +117.1% $1,077 / Sq Ft
06/11/2018 06/11/18 Sold $2,187,500 -12.5% $496 / Sq Ft View Prior Sale
04/19/2018 04/19/18 Price Changed $2,499,000 -6.8% $566 / Sq Ft
01/28/2018 01/28/18 For Sale $2,680,000 -- $607 / 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 $45,159 $3,923,659 $1,509,098 $2,414,561
2024 $45,159 $3,846,725 $1,479,508 $2,367,217
2023 $12,779 $1,029,257 $852,178 $177,079
2022 $12,698 $1,009,076 $835,469 $173,607
2021 $12,369 $989,291 $819,088 $170,203
2020 $12,106 $979,148 $810,690 $168,458
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-147325

The MLS

APN: 4457-001-023