NOT LISTED FOR SALE

29737 Cuthbert Rd Malibu, CA 90265

Estimated Value: $3,369,000 - $4,010,000

3 Beds
2 Baths
1,589 Sq Ft
$2,352/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $1,925,000 $1,211 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $21,940/month

Highlights

  • Ocean View
  • Detached Guest House
  • Dining Room with Fireplace
  • Malibu Elementary School Rated A
  • Gated Parking
  • Ranch Style House

About This Home

As of October 2018

Charming single story 3 bed/2 bath ranch home with big ocean views on just over 1/2 acre of usable land with masonry paths meandering through outdoor entertaining areas, 2 detached structures, ample parking, mature landscaping and gardens in the highly desirable Malibu Park neighborhood. The living room, updated kitchen, dining room and large outdoor patio all have spectacular ocean views; perfect for entertaining and al fresco dining while watching the sunset over ocean. The spacious master suite includes a walk-in closet, spa tub and shower. Wood and tile floors throughout. Just behind the house are miles of world-renowned hiking/biking/equestrian trails with boarding stables right around the corner and a short bike/drive to Zuma/Westward beach, schools, and shopping.

Last Agent to Rent the Property

Ignacio Rodriguez Diaz

Westside Estate Agency-Malibu License #01866939 Listed on: 09/14/2018

Westside Estate Agency-Malibu

Last Renter's Agent

Ignacio Rodriguez Diaz

Westside Estate Agency-Malibu License #01866939 Listed on: 09/14/2018

Westside Estate Agency-Malibu

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.57 Acre Lot
  • Property is zoned LCRA20000*

Property Views

  • Ocean
  • Mountain

Home Design

  • Ranch Style House

Interior Spaces

  • 1,589 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Breakfast Room
  • Den
  • Bonus Room
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Gated Parking
  • Guest Parking
  • Uncovered Parking

Additional Features

  • Covered Patio or Porch
  • Detached Guest House
  • Central Heating

Listing and Financial Details

  • Security Deposit $13,000
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4469-008-021

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Security Deposit: 13000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Ranch
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1589
  • Year Built: 1968
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Dining, Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4.09

Exterior Features

  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Gated, Parking for Guests, Uncovered

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4469-008-021
  • Geocode Override: No
  • Lot Size Area: 24708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Watkin John and Watkin Stefanie
Bought by
Watkin John and Watkin Stefanie
Current Estimated Value
$3,736,694

Purchase Details

Closed on
Aug 1, 2020
Sold by
Watkin John
Bought by
Watkin John and Paige Stefanie

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jul 31, 2018
Sold by
Roy Donal
Bought by
Watkin John and Walkin Paige Family Trust
Seller's Agent
Brian Rapf
Brian Rapf
Buyer's Agent
Ignacio Rodriguez Diaz
Westside Estate Agency-Malibu
List Price
$1,995,000
Sold Price
$1,925,000
Premium/Discount to List
-$70,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$864,000
Outstanding Balance
$758,373
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,978,321

Purchase Details

Closed on
Nov 27, 2010
Sold by
Roy Donald and Roy Meloney Anne
Bought by
Roy Donald and Roy Meloney Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Roy Donald and Roy Meloney Anne
Bought by
Roy Donald

Purchase Details

Closed on
Jan 22, 2004
Sold by
Ibrahim Awad
Bought by
Roy Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1997
Sold by
Acker Ingrid
Bought by
Ibrahim Awad
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
Watkin John -- None Available
Watkin John -- None Available
Watkin John $1,925,000 Stewart Title Of California
Roy Donald -- None Available
Roy Donald -- None Available
Roy Donald -- --
Roy Donald -- --
Roy Donald $995,000 California Title Company
Ibrahim Awad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkin John $864,000
Previous Owner Roy Donald $566,000
Previous Owner Roy Donald $796,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2018 10/02/18 Rented $6,500 0.0% --
09/14/2018 09/14/18 For Rent $6,500 0.0% --
09/12/2018 09/12/18 Sold $1,925,000 -3.5% $1,211 / Sq Ft View Prior Sale
07/05/2018 07/05/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $1,995,000 -- $1,256 / 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 $28,348 $2,438,240 $1,717,897 $720,343
2024 $28,348 $2,390,432 $1,684,213 $706,219
2023 $27,743 $2,343,562 $1,651,190 $692,372
2022 $19,398 $1,618,921 $1,618,814 $107
2021 $18,984 $1,587,178 $1,587,073 $105
2019 $18,660 $1,540,102 $1,540,000 $102
2018 $14,719 $1,243,313 $994,654 $248,659
2016 $14,177 $1,195,035 $956,031 $239,004
2015 $13,986 $1,177,085 $941,671 $235,414
2014 $13,797 $1,154,028 $923,225 $230,803
Source: Public Records

Agents Affiliated with this Home

  • Ignacio Rodriguez Diaz

    Landlord's Agent in 2018

    Ignacio Rodriguez Diaz

    Westside Estate Agency-Malibu

    (310) 266-5841

    10 Total Sales

    Ignacio Rodriguez Diaz
    Section Image
  • Brian Rapf

    Seller's Agent in 2018

    Brian Rapf

    Brian Rapf

    (310) 600-3144

    6 Total Sales

    Brian Rapf
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Matt Rapf

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 18-386244

The MLS

APN: 4469-008-021

California Los Angeles County Malibu 90265

29737 Cuthbert Rd, Malibu, CA

Not Listed for Sale

Detached

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