NOT LISTED FOR SALE

2987 Seabreeze Dr Malibu, CA 90265

El Nido Neighborhood

Estimated Value: $1,534,000 - $2,099,089

3 Beds
2.5 Baths
2,000 Sq Ft
$930/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $1,280,000 $640 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $11,146/month

83 Days on Market

Highlights

  • White Water Ocean Views
  • Gourmet Kitchen
  • Contemporary Architecture
  • Webster Elementary School Rated A
  • Gated Parking
  • Wood Flooring

About This Home

As of December 2018

So cool!! Stunning vineyard property with unobstructed views stretching from Solstice Canyon to the Pacific Ocean and the whitewater Point Dume surf break. Extraordinary sunsets! This beautifully redone three-bedroom home has an open floor plan with a fabulous cook's kitchen and a clean modern flair throughout. Entertain on the main deck overlooking the vineyard and the sea; open the windows in the living room and kitchen for a seamless in/outdoor experience. The ocean view master bedroom - you can check the surf without leaving your bed - has its own, separate deck, which also overlooks the property's productive 200-vine Syrah vineyard. An additional 500 square feet of permitted workshop/office space has been added on the floor below. All about a mile from easy access, sandy Corral beach, and minutes from the main shopping area in Malibu, Bluffs Park and Pepperdine. Located in the midst of some of the best hiking trails in Malibu, it's a nature lover's dream. This property has it all!

Last Agent to Sell the Property

Bill Rhodes

Compass License #01106892 Listed on: 09/14/2018

Compass

Last Buyer's Agent

Jennifer Chrisman

Compass License #01325526

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,205 Sq Ft Lot
  • Property is zoned LCA11*

Parking

  • Gated Parking

Property Views

  • White Water Ocean
  • Coastline
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4457-016-047

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2000
  • Stories: 1
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed
  • Appliances: Built-In And Free Standing
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Master Bedroom
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 719.50

Exterior Features

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

Garage/Parking

  • Parking Garage: Gated

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4457-016-047
  • Geocode Override: No
  • Lot Size Area: 8205

Multi Family

  • Number Of Units: 0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Nov 9, 2018
Sold by
Busico Michalene
Bought by
Cohen Steven and Cohen Lynda
Seller's Agent
Bill Rhodes
Compass
Buyer's Agent
Jennifer Chrisman
Compass
List Price
$1,515,000
Sold Price
$1,280,000
Premium/Discount to List
-$235,000
-15.51%
Current Estimated Value
$1,860,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,772
Avg. Annual Appreciation
5.41%
Original Mortgage
$1,024,000
Outstanding Balance
$900,402
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$960,370

Purchase Details

Listed on
Sep 24, 2012
Closed on
Oct 26, 2012
Sold by
Debrouwer Maxime
Bought by
Busico Michalene
Seller's Agent
Alyssa Pascucci
Sotheby's International Realty
Buyer's Agent
Bill Rhodes
Compass
List Price
$945,000
Sold Price
$1,000,000
Premium/Discount to List
$55,000
5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$400,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2008
Sold by
Debrouwer Maxime
Bought by
Debrouwer Maxime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Brumett Daniel
Bought by
Debrouwer Maxime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Cohen Steven $1,280,000 Orange Coast Title Company
Busico Michalene $1,000,000 Equity Title Company
Debrouwer Maxime -- Ticor Title Company Of Ca
Debrouwer Maxime -- Ticor Title Co Of Ca
Debrouwer Maxime $690,000 Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Steven $1,024,000
Previous Owner Busico Michalene $400,000
Previous Owner Debrouwer Maxime $593,000
Previous Owner Debrouwer Maxime $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2018 12/13/18 Sold $1,280,000 -11.0% $640 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $1,439,000 -5.0% $720 / Sq Ft
09/14/2018 09/14/18 For Sale $1,515,000 +51.5% $758 / Sq Ft
11/08/2012 11/08/12 Sold $1,000,000 +5.8% $660 / Sq Ft View Prior Sale
10/05/2012 10/05/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $945,000 -- $623 / 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 $16,993 $1,427,860 $1,142,289 $285,571
2024 $16,993 $1,399,864 $1,119,892 $279,972
2023 $16,641 $1,372,417 $1,097,934 $274,483
2022 $16,388 $1,345,507 $1,076,406 $269,101
2021 $15,982 $1,319,125 $1,055,300 $263,825
2019 $15,623 $1,280,000 $1,024,000 $256,000
2018 $12,801 $1,082,258 $662,450 $419,808
2016 $12,321 $1,040,234 $636,727 $403,507
2015 $12,153 $1,024,609 $627,163 $397,446
2014 $11,982 $1,004,539 $614,878 $389,661
Source: Public Records

Agents Affiliated with this Home

  • Bill Rhodes

    Seller's Agent in 2018

    Bill Rhodes

    Compass

    (310) 293-2084

    1 in this area

    11 Total Sales

    Bill Rhodes
    Section Image
  • Jennifer Chrisman

    Buyer's Agent in 2018

    Jennifer Chrisman

    Compass

    (310) 818-5788

    4 in this area

    45 Total Sales

    Jennifer Chrisman
    Section Image
  • Madison Hildebrand

    Buyer Co-Listing Agent in 2018

    Madison Hildebrand

    Compass

    (310) 818-5788

    4 in this area

    55 Total Sales

    Madison Hildebrand
    Section Image

  • A

    Seller's Agent in 2012

    Alyssa Pascucci

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 18-386292

The MLS

APN: 4457-016-047

California Los Angeles County Malibu 90265 El Nido

2987 Seabreeze Dr, Malibu, CA

Not Listed for Sale

Detached

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