NOT LISTED FOR SALE

29912 Cuthbert Rd Malibu, CA 90265

Estimated Value: $3,055,987 - $4,349,000

3 Beds
2.5 Baths
2,074 Sq Ft
$1,731/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $2,300,000 $1,109 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $21,286/month

70 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Loft
  • Malibu Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of August 2018

Incredible 1 story Malibu Park with sensational ocean views overlooking Zuma Beach. Situated on a private lot and near Malibu schools and world class surfing. 3 bedrooms and 2.5 baths and a great room encompassing living room, dinning and kitchen. Master suite with fireplace and ocean views. Easy to show. On file "City of Malibu Septic Operating Permit"

Last Agent to Sell the Property

Jeff Chertow

Pinnacle Estate Properties License #00976750 Listed on: 04/30/2018

Pinnacle Estate Properties

Last Buyer's Agent

Shen Schulz

Sotheby's International Realty License #01327630

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 10,093 Sq Ft Lot
  • Property is zoned LCRA20000*

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Hills

Interior Spaces

  • 2,074 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Loft
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Open Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4469-041-003

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2074
  • Stories: 1
  • Year Built: 1977
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1154.77

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Hills, Ocean, Panoramic
  • View: Yes

Garage/Parking

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

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4469-041-003
  • Geocode Override: No
  • Lot Size Area: 10093

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Brannon Chad and Brannon Carly
Bought by
Brannon Family Trust and Brannon
Current Estimated Value
$3,589,497

Purchase Details

Closed on
Feb 21, 2020
Sold by
Murrell Jeffrey and Murrell Inga
Bought by
Murrell Jeffrey A and Murrell Inga C

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 23, 2018
Sold by
Kahn Douglas
Bought by
Murrell Inga and Murrell Jeffrey
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Shen Schulz
Sotheby's International Realty
List Price
$2,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$95,000
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$1,840,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2014
Closed on
Dec 22, 2014
Sold by
West Vegas Commercial Llc
Bought by
Kahn Douglas
Seller's Agent
Wendy Carroll
Westside Estate Agency-Malibu
Buyer's Agent
Jeff Chertow
Pinnacle Estate Properties
List Price
$2,250,000
Sold Price
$1,950,000
Premium/Discount to List
-$300,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%

Purchase Details

Listed on
Oct 11, 2012
Closed on
Mar 28, 2013
Sold by
Poladian Ara
Bought by
West Vegas Commercial Llc
Seller's Agent
peter smyth
Venus Louviere, Broker
Buyer's Agent
peter smyth
Venus Louviere, Broker
List Price
$1,199,990
Sold Price
$1,070,000
Premium/Discount to List
-$129,990
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.64%

Purchase Details

Listed on
Oct 11, 2012
Closed on
Mar 11, 2013
Sold by
Schneider Gregory John
Bought by
Poladian Dr Ara
Seller's Agent
peter smyth
Venus Louviere, Broker
Buyer's Agent
peter smyth
Venus Louviere, Broker
List Price
$1,199,990
Sold Price
$1,070,000
Premium/Discount to List
-$129,990
-10.83%

Purchase Details

Closed on
Mar 10, 1998
Sold by
Hong Noboo
Bought by
Schneider Gregory John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
7.06%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Sze Angela Hsiu Ping
Bought by
Hong Noboo
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
Brannon Family Trust -- Boston National Title Agency
Murrell Jeffrey A -- None Available
Murrell Inga $2,300,000 Priority Title Company
Kahn Douglas $1,950,000 Fidelity National Title
West Vegas Commercial Llc -- None Available
Poladian Dr Ara $1,070,000 Lawyers Title
Schneider Gregory John $517,500 Progressive Title Company
Hong Noboo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murrell Inga $1,840,000
Previous Owner Schneider Gregory John $414,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Sold $2,300,000 -4.0% $1,109 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $2,395,000 +22.8% $1,155 / Sq Ft
12/30/2014 12/30/14 Sold $1,950,000 -2.4% $940 / Sq Ft View Prior Sale
10/10/2014 10/10/14 Price Changed $1,997,500 -4.7% $963 / Sq Ft
07/11/2014 07/11/14 Price Changed $2,095,000 -6.9% $1,010 / Sq Ft
06/11/2014 06/11/14 For Sale $2,250,000 +110.3% $1,085 / Sq Ft
03/29/2013 03/29/13 Sold $1,070,000 -2.7% $516 / Sq Ft View Prior Sale
02/08/2013 02/08/13 Pending -- -- --
02/08/2013 02/08/13 Price Changed $1,099,999 -8.3% $530 / Sq Ft
02/05/2013 02/05/13 For Sale $1,199,990 0.0% $579 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
12/13/2012 12/13/12 Price Changed $1,199,990 0.0% $579 / Sq Ft
12/10/2012 12/10/12 For Sale $1,199,999 0.0% $579 / Sq Ft
12/10/2012 12/10/12 Price Changed $1,199,999 +9.1% $579 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $1,100,000 -- $530 / 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 $29,764 $2,565,689 $2,052,553 $513,136
2024 $29,764 $2,515,382 $2,012,307 $503,075
2023 $29,263 $2,466,061 $1,972,850 $493,211
2022 $28,870 $2,417,708 $1,934,167 $483,541
2021 $28,187 $2,370,303 $1,896,243 $474,060
2019 $27,637 $2,300,000 $1,840,000 $460,000
2018 $23,929 $2,059,716 $1,647,774 $411,942
2016 $23,057 $1,979,737 $1,583,790 $395,947
2015 $22,746 $1,950,000 $1,560,000 $390,000
2014 $12,882 $1,074,857 $1,004,540 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-337176

The MLS

APN: 4469-041-003