NOT LISTED FOR SALE

2945 Valmere Dr Malibu, CA 90265

El Nido Neighborhood

Estimated Value: $1,778,000 - $2,485,000

3 Beds
2.5 Baths
1,915 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $1,325,000 $692 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $12,267/month

75 Days on Market

Highlights

  • White Water Ocean Views
  • Spa
  • Wood Flooring
  • Webster Elementary School Rated A
  • Maid or Guest Quarters
  • Southwestern Architecture

About This Home

As of July 2016

Peaceful Malibu Oasis. Charming Southwestern with whitewater ocean views. Completely remodeled with central heat/air. Gourmet kitchen with center island, Viking appliances, skylight, limestone counter tops, and custom cabinets. Details include ceramic tiles and hardwood floors throughout. Lushly landscaped. fully fenced in yard, with fruit trees and romantic hot tub. Detached bonus/guest room currently being used as an office. Large entertaining deck, and a two car garage makes this one of the nicest houses on the best street in El Nido. Great income opportunity and best value in Malibu!

Last Agent to Sell the Property

Barry S Fagan

Equity Realty License #01324054 Listed on: 04/17/2016

Last Buyer's Agent

Christine Kapetan

Sotheby's International Realty License #01467320

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 5,181 Sq Ft Lot
  • Property is zoned LCA11*

Property Views

  • White Water Ocean
  • Coastline
  • Canyon
  • Mountain

Home Design

  • Southwestern Architecture

Interior Spaces

  • 1,915 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Driveway

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4457-015-007

Home Details

Home Type

Single Family

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Southwestern
  • Street Number Display: Yes
  • Living Area: 1915
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 731.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Canyon, Coastline, Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Driveway - Concrete, Garage, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4457-015-007
  • Geocode Override: No
  • Lot Size Area: 5181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2016
Closed on
Jul 11, 2016
Sold by
Reisch Holding Llc
Bought by
Petersen Jonathan R and Goodnight Tiffany S
Seller's Agent
Barry S Fagan
Equity Realty
Buyer's Agent
Christine Kapetan
Sotheby's International Realty
List Price
$1,425,000
Sold Price
$1,325,000
Premium/Discount to List
-$100,000
-7.02%
Current Estimated Value
$2,053,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,601
Avg. Annual Appreciation
4.74%
Original Mortgage
$1,033,500
Outstanding Balance
$827,166
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,226,435

Purchase Details

Closed on
Dec 11, 2008
Sold by
Reisch Rosemarie E and Reisch Revocable T Rosemarie E
Bought by
Reisch Holdings Llc

Purchase Details

Closed on
Nov 18, 2004
Sold by
Reisch Rosemarie
Bought by
Reisch Rosemarie E and The Rosemarie E Reisch Revocable Trust

Purchase Details

Closed on
Sep 3, 2004
Sold by
Showalter William E and Showalter Charlene H
Bought by
Reisch Rosemarie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Petersen Jonathan R $1,325,000 Old Republic Title Company
Reisch Holdings Llc -- None Available
Reisch Rosemarie E -- --
Reisch Rosemarie $1,460,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Jonathan R $1,033,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $1,325,000 -5.4% $692 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
05/27/2016 05/27/16 Price Changed $1,400,000 -1.8% $731 / Sq Ft
04/17/2016 04/17/16 For Sale $1,425,000 -- $744 / 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 $18,083 $1,537,770 $979,647 $558,123
2024 $18,083 $1,507,619 $960,439 $547,180
2023 $17,685 $1,478,058 $941,607 $536,451
2022 $17,441 $1,449,078 $923,145 $525,933
2021 $17,007 $1,420,666 $905,045 $515,621
2019 $16,663 $1,378,529 $878,201 $500,328
2018 $15,830 $1,351,500 $860,982 $490,518
2016 $20,080 $1,719,136 $1,460,091 $259,045
2015 $19,808 $1,693,314 $1,438,160 $255,154
2014 $19,516 $1,660,145 $1,409,989 $250,156
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Barry S Fagan

    Equity Realty

    (310) 717-1790

    2 Total Sales

    Barry S Fagan
    Section Image

  • C

    Buyer's Agent in 2016

    Christine Kapetan

    Sotheby's International Realty

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-116258

The MLS

APN: 4457-015-007

California Los Angeles County Malibu 90265 El Nido

2945 Valmere Dr, Malibu, CA

Not Listed for Sale

Detached

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