NOT LISTED FOR SALE

Estimated Value: $1,874,000 - $2,594,000

3 Beds
2.5 Baths
2,109 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $1,445,000 $685 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,811/month

203 Days on Market

Highlights

  • White Water Ocean Views
  • Art Studio
  • Wood Flooring
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • Southwestern Architecture

About This Home

As of January 2017

Reduced below market value to sell immediately. Beautiful unique Southwest style home on huge landscaped double lot with ocean views overlooking Paradise Cove and Point Dume. Nestled in peaceful Malibu hills just minutes to PCH and Malibu Beaches. High wood beam ceilings and hardwood floors throughout. Open living area with French doors from LR and DR onto wrap around deck with full ocean views. Great for entertaining family and friends. This breezy slice of paradise awaits new owners! Spacious kitchen with granite counters, sub-zero fridge, oak cabinets and pantry, plenty of storage. Laundry room with front loading water efficient washer and dryer. Lower story master suite with high beam ceiling and hardwood floors, sweeping balcony view, walk in closet and large bath with Jacuzzi tub and separate shower. Second full bath and two more bedrooms also downstairs with steps into flowering native and drought resistant private garden that is one full extra lot. This double lot is a rarity

Last Agent to Sell the Property

Chris Frost

Sotheby's International Realty License #00499287 Listed on: 05/14/2016

Last Buyer's Agent

Shelly Yrigoyen

Sotheby's International Realty License #01739278

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 5,396 Sq Ft Lot
  • Property is zoned LCA11*

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Panoramic

Home Design

  • Southwestern Architecture

Interior Spaces

  • 2,109 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Art Studio
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4457-015-003

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: Southwestern
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 2109
  • Stories: 2
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Stone, Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Refrigerator
  • Price Per S Q F T: 748.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Panoramic, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4457-015-003
  • Geocode Override: No
  • Lot Size Area: 5396

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2016
Closed on
Dec 21, 2016
Sold by
Jackson Lola J
Bought by
Gallin Zachary and Gallin Emily
Seller's Agent
Chris Frost
Sotheby's International Realty
Buyer's Agent
Shelly Yrigoyen
Sotheby's International Realty
List Price
$1,875,000
Sold Price
$1,445,000
Premium/Discount to List
-$430,000
-22.93%
Current Estimated Value
$2,166,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,133
Avg. Annual Appreciation
4.58%
Original Mortgage
$1,156,000
Outstanding Balance
$949,223
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,216,910

Purchase Details

Closed on
Apr 10, 2015
Sold by
Garcia Dilys Tosteson
Bought by
Jackson Lola J and Lola Jackson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,400
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2010
Sold by
Garcia Dilys Tosteson
Bought by
Jackson Lola and Lola Jackson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2002
Sold by
Garcia Dilys Tosteson
Bought by
Garcia Dilys Tosteson and Dilys Tosteson Garcia Family Trust

Purchase Details

Closed on
Jul 23, 1999
Sold by
Jackson Lola
Bought by
Jackson Lola and Garcia Dilys Tosteson

Purchase Details

Closed on
Apr 27, 1998
Sold by
Funk John F
Bought by
Jackson Lola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
7.05%
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
Gallin Zachary $1,445,000 Equity Title
Jackson Lola J -- None Available
Garcia Dilys Tosteson -- None Available
Jackson Lola -- Ticor Title Co
Garcia Dilys Tosteson -- --
Jackson Lola -- --
Jackson Lola -- --
Jackson Lola $496,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallin Zachary $1,156,000
Previous Owner Garcia Dilys Tosteson $522,400
Previous Owner Jackson Lola $563,000
Previous Owner Jackson Lola $346,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $1,445,000 -8.5% $685 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
11/09/2016 11/09/16 Price Changed $1,579,000 -4.8% $749 / Sq Ft
09/12/2016 09/12/16 Price Changed $1,659,000 -4.6% $787 / Sq Ft
08/26/2016 08/26/16 Price Changed $1,739,000 -7.3% $825 / Sq Ft
05/14/2016 05/14/16 For Sale $1,875,000 -- $889 / 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 $18,751 $1,589,998 $1,357,884 $232,114
2024 $18,751 $1,558,822 $1,331,259 $227,563
2023 $18,342 $1,528,257 $1,305,156 $223,101
2022 $18,091 $1,498,292 $1,279,565 $218,727
2021 $17,641 $1,468,915 $1,254,476 $214,439
2019 $17,285 $1,425,348 $1,217,268 $208,080
2018 $16,377 $1,397,400 $1,193,400 $204,000
2016 $8,130 $669,019 $404,652 $264,367
2015 $8,018 $658,970 $398,574 $260,396
2014 -- $646,063 $390,767 $255,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-125580

The MLS

APN: 4457-015-003