NOT LISTED FOR SALE

Estimated Value: $4,197,000 - $4,714,000

4 Beds
3 Baths
2,181 Sq Ft
$2,055/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $3,000,000 $1,376 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $26,796/month

191 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Bamboo Flooring
  • Malibu Elementary School Rated A
  • Filtered Pool
  • No HOA

About This Home

As of August 2020

Maui comes to Malibu. With travel halted and vacations canceled, it is the perfect time to buy your own paradise. This private Malibu Park compound features unobstructed ocean views of crashing waves and gazes west along the coastline and out to The Channel Islands. Located in a gated neighborhood and completely enclosed, the property totals 0.67 acres and is covered in lush, updated landscaping with avocado and fruit trees. The main home boasts 3 bedrooms, incredible natural light, and captivating views. Extensive updates include central AC, heating, electrical, surround sound, recessed lighting, and security system. New sliding doors lead out onto a massive flagstone patio that doubles as a private resort with a pool/spa and built-in BBQ. There is also a detached guest studio with a kitchenette and bathroom, and a 2-car garage. Walking distance from the surf and sand of Zuma Beach and minutes from Malibu's finest amenities including highly-rated schools, markets, trails and more!

Last Agent to Sell the Property

Tony Mark

Compass License #01205648 Listed on: 01/13/2020

Compass

Co-Listed By

Russell Grether

Compass License #01836632

Last Buyer's Agent

Lily Harfouche

Compass License #01737283

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,489

Year Built

  • Built in 1951

Lot Details

  • 0.68 Acre Lot
  • Gated Home
  • Wood Fence
  • Property is zoned LCRA20000*

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Mountain

Interior Spaces

  • 2,181 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Built-In Features
  • Recessed Lighting
  • Living Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Open Patio
  • Shed
  • Built-In Barbecue

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4469-040-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,489

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2181
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Pre-wired for surround sound, Recessed Lighting
  • Flooring: Bamboo, Cement, Tile
  • Appliances: Built-In BBQ
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 1489.68

Exterior Features

  • Other Structures: GuestHouse, Shed(s)
  • Fence: Wood
  • Guest House: Detached
  • Pool Description: Filtered, Heated, Heated with Gas, In Ground, Private
  • Pool: Yes
  • Spa: Heated, Heated with Gas, In Ground, Private
  • Spa Yn: Yes
  • View: Coastline, Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Driveway - Pavers, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4469-040-005
  • Geocode Override: No
  • Lot Size Area: 29458

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Aug 5, 2020
Sold by
Heller Steven R and Heller Regana L
Bought by
Moore Adam and Moore Camille
Seller's Agent
Tony Mark
Compass
Buyer's Agent
Lily Harfouche
Compass
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%
Current Estimated Value
$4,482,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,482,535
Avg. Annual Appreciation
7.87%
Original Mortgage
$1,950,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Heller Steven R and Heller Regana L
Bought by
Heller Steven R and Heller Regana L

Purchase Details

Closed on
Mar 15, 2006
Sold by
Patino Norman C and Patino Geraldine A
Bought by
Heller Steven R and Heller Regana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Moore Adam $3,000,000 First Amer Ttl Co Glendale
Heller Steven R -- None Available
Heller Steven R $1,950,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific House Trust $1,950,000
Closed Moore Adam $1,950,000
Previous Owner Heller Steven R $1,056,000
Previous Owner Heller Steven R $1,462,500
Previous Owner Patino Norman C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $3,000,000 -7.7% $1,376 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $3,249,000 -3.0% $1,490 / Sq Ft
06/03/2020 06/03/20 Price Changed $3,349,000 -4.2% $1,536 / Sq Ft
01/13/2020 01/13/20 For Sale $3,495,000 -- $1,602 / 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 $37,489 $3,247,294 $2,597,836 $649,458
2024 $37,489 $3,183,623 $2,546,899 $636,724
2023 $36,772 $3,121,200 $2,496,960 $624,240
2022 $36,295 $3,060,000 $2,448,000 $612,000
2021 $35,446 $3,000,000 $2,400,000 $600,000
2020 $29,455 $2,468,441 $1,949,323 $519,118
2019 $29,046 $2,420,041 $1,911,101 $508,940
2018 $27,448 $2,372,590 $1,873,629 $498,961
2016 $22,448 $1,926,000 $1,521,000 $405,000
2015 $22,474 $1,926,000 $1,521,000 $405,000
2014 $21,567 $1,837,000 $1,451,000 $386,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-543322

The MLS

APN: 4469-040-005