NOT LISTED FOR SALE

29458 Bluewater Rd Malibu, CA 90265

Estimated Value: $5,350,000 - $7,964,000

1 Bed
2 Baths
3,488 Sq Ft
$1,981/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $4,285,000 $1,228 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $40,717/month

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Family Room with Fireplace
  • Furnished

About This Home

As of October 2020

PRIVATE OCEAN VIEW DETACHED GUEST HOUSE FOR LEASE. WITH IT'S OWN DRIVEWAY /ENTRANCE, KITCHEN, 2 BATHROOMS (1 INTERIOR, 1 EXTERIOR), PATIO, STONE FINISHES, POLISHED CEMENT FLOORS, LIVING ROOM WITH CATHEDRAL CEILINGS AND BEAUTIFUL OCEAN VIEWS! MAIN HOUSE IS RENTED SEPARATELY, PLEASE DO NOT DISTURB TENANTS. NO SMOKING. EASY TO SHOW. 6 MONTHS THEN MONTH TO MONTH. HOME IS FURNISHED.

Last Agent to Rent the Property

Linda Joy Kanner

Compass License #01442286 Listed on: 10/19/2020

Compass

Last Renter's Agent

Linda Joy Kanner

Compass License #01442286 Listed on: 10/19/2020

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 0.68 Acre Lot
  • Property is zoned LCR220000*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Furnished
  • Built-In Features
  • Family Room with Fireplace
  • Ocean Views
  • Disposal
  • Laundry Located Outside

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Air Conditioning

Listing and Financial Details

  • Security Deposit $9,000
  • 12 Month Lease Term
  • Assessor Parcel Number 4468-005-009

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Security Deposit: 9000

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Stories: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Cement, Hardwood
  • Bedrooms: 1
  • Full Bathroom: 0
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Garbage Disposal

Exterior Features

  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessor Parcel Number: 4468-005-009
  • Lot Size Area: 29801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2014
Closed on
Jun 9, 2015
Sold by
Kassoy William
Bought by
Kassoy Family Trust
Seller's Agent
Susan Monus
Coldwell Banker Realty
Buyer's Agent
Linda Joy Kanner
Compass
List Price
$4,495,000
Sold Price
$4,285,000
Premium/Discount to List
-$210,000
-4.67%
Current Estimated Value
$6,909,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,624,333
Avg. Annual Appreciation
4.63%
Original Mortgage
$2,785,250
Outstanding Balance
$2,045,816
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,863,517

Purchase Details

Closed on
Dec 2, 2003
Sold by
Alonso Francis A
Bought by
Alonso Francis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,250
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1994
Sold by
Alonso Yvette C
Bought by
Alonso Francis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
7.29%
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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Purchase History

Date Buyer Sale Price Title Company
Kassoy Family Trust -- Accommodation
Kassoy William $4,285,000 Equity Title
Alonso Francis A -- Ticor Title Company Of Ca
Alonso Francis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassoy William $2,785,250
Previous Owner Alonso Francis A $811,250
Previous Owner Alonso Francis A $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Rented $4,500 0.0% --
10/29/2020 10/29/20 Under Contract -- -- --
10/19/2020 10/19/20 For Rent $4,500 -30.8% --
07/03/2020 07/03/20 Rented $6,500 0.0% --
06/21/2020 06/21/20 Under Contract -- -- --
05/23/2020 05/23/20 For Rent $6,500 -45.8% --
08/25/2015 08/25/15 Rented $12,000 0.0% --
08/10/2015 08/10/15 Under Contract -- -- --
07/31/2015 07/31/15 For Rent $12,000 0.0% --
07/06/2015 07/06/15 Sold $4,285,000 -4.7% $941 / Sq Ft View Prior Sale
12/10/2014 12/10/14 For Sale $4,495,000 0.0% $987 / Sq Ft
05/14/2014 05/14/14 Rented $12,000 +20.0% --
05/14/2014 05/14/14 Under Contract -- -- --
12/20/2013 12/20/13 For Rent $10,000 +185.7% --
05/22/2013 05/22/13 Rented $3,500 0.0% --
05/22/2013 05/22/13 Under Contract -- -- --
05/06/2013 05/06/13 For Rent $3,500 -- --
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 $58,062 $5,072,565 $4,735,187 $337,378
2024 $58,062 $4,973,104 $4,642,341 $330,763
2023 $56,977 $4,875,593 $4,551,315 $324,278
2022 $56,274 $4,779,994 $4,462,074 $317,920
2021 $54,954 $4,686,270 $4,374,583 $311,687
2019 $53,537 $4,517,032 $4,244,832 $272,200
2018 $51,091 $4,458,114 $4,161,600 $296,514
2016 $49,251 $4,285,000 $4,000,000 $285,000
2015 $18,055 $1,528,528 $894,529 $633,999
2014 $17,805 $1,498,587 $877,007 $621,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-649100

The MLS

APN: 4468-005-009