NOT LISTED FOR SALE

29916 Cuthbert Rd Malibu, CA 90265

Estimated Value: $2,035,160 - $4,481,000

4 Beds
4.5 Baths
3,562 Sq Ft
$916/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $1,500,000 $421 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $18,555/month

248 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Traditional Architecture
  • Malibu Elementary School Rated A
  • All Bedrooms Downstairs
  • Breakfast Area or Nook

About This Home

As of August 2012

Enjoy privacy and expansive ocean views in Malibu Park. This neighborhood enjoys great access to beaches, trails, schools, great restaurants, and shopping. Lush landscaping further enhances your connection to nature. You'll never want to leave this Malibu Oasis. Interiors and kitchen recently updated for your dining and entertaining pleasure. Great guest house is self contained and ideal for living or a separate home office.

Last Agent to Sell the Property

Paul Grisanti

Pinnacle Estate Properties License #00621552 Listed on: 10/24/2011

Pinnacle Estate Properties

Co-Listed By

Sara Grisanti

Pinnacle Estate Properties License #00955628

Last Buyer's Agent

Marco Cosentino

Sotheby's International Realty License #01353793

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 0.6 Acre Lot
  • Chain Link Fence
  • Property is zoned LCRA20000*

Property Views

  • Ocean
  • Mountain
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,562 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4.5 Bathrooms

Parking

  • 4 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener

Additional Homes

  • Attached Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4469-041-005

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 3562
  • Lot Acreage: 0.6000
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 4
  • Bedroom Features: All Bedrooms Down
  • Kitchen Features: Counter Top, Open to Family Room, Pantry
  • Laundry: Inside
  • Total Bathrooms: 4.50
  • Equipment: Built-Ins, Cable, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 475.86

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Fence: Chain Link
  • Guest House: Attached
  • Pool: No
  • Roof: Composition
  • View: Green Belt, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Door Opener, Garage, Private Garage, Side By Side
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Central
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4469-041-005
  • Lot Size Area: 26188

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2019
Sold by
Coy Laura Lynn
Bought by
Levitt Peter Theodore
Current Estimated Value
$3,262,790

Purchase Details

Listed on
Oct 24, 2011
Closed on
Sep 17, 2012
Sold by
Levitt Peter Theodore
Bought by
Levitt Peter Theodore and Levitt Peter
Seller's Agent
Paul Grisanti
Pinnacle Estate Properties
Buyer's Agent
Marco Cosentino
Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$75,000
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 24, 2011
Closed on
Aug 7, 2012
Sold by
Levitt Maria Zsuzsanna
Bought by
Levitt Peter
Seller's Agent
Paul Grisanti
Pinnacle Estate Properties
Buyer's Agent
Marco Cosentino
Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 24, 2011
Closed on
Aug 2, 2012
Sold by
Wetzel Charles Alvin and Wetzel Gloria Allison
Bought by
Levitt Peter
Seller's Agent
Paul Grisanti
Pinnacle Estate Properties
Buyer's Agent
Marco Cosentino
Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 3, 2004
Sold by
Wetzel Charles Alvin and Wetzel Gloria Allison
Bought by
Wetzel Charles Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 27, 2003
Sold by
Wetzel Charles Alvin and Wetzel Gloria Allison
Bought by
Wetzel Charles Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2002
Sold by
Wetzel Charles A and Wetzel Gloria J
Bought by
Wetzel Charles Alvin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levitt Peter Theodore -- None Available
Levitt Peter Theodore -- None Available
Levitt Peter -- Equity Title
Levitt Peter $1,500,000 Equity Title
Wetzel Charles Alvin -- Ticor Title Company
Wetzel Charles Alvin -- Ticor Title Company
Wetzel Charles Alvin -- North American Title Co
Wetzel Charles Alvin -- North American Title Co
Wetzel Charles Alvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levitt Peter $75,000
Previous Owner Levitt Peter $1,050,000
Previous Owner Wetzel Charles Alvin $1,100,000
Previous Owner Wetzel Charles Alvin $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2012 08/28/12 Sold $1,500,000 -11.5% $421 / Sq Ft
04/26/2012 04/26/12 For Sale $1,695,000 +13.0% $476 / Sq Ft
04/25/2012 04/25/12 Off Market $1,500,000 -- --
10/24/2011 10/24/11 For Sale $1,695,000 -- $476 / 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 $17,514 $1,477,821 $1,477,708 $113
2024 $17,514 $1,448,845 $1,448,734 $111
2023 $17,102 $1,420,437 $1,420,328 $109
2022 $16,847 $1,392,586 $1,392,479 $107
2021 $16,494 $1,365,281 $1,365,176 $105
2019 $16,128 $1,324,787 $1,324,685 $102
2018 $19,060 $1,623,388 $1,298,711 $324,677
2016 $18,352 $1,560,352 $1,248,282 $312,070
2015 $18,106 $1,536,915 $1,229,532 $307,383
2014 $17,853 $1,506,810 $1,205,448 $301,362
Source: Public Records

Agents Affiliated with this Home

  • Paul Grisanti

    Seller's Agent in 2012

    Paul Grisanti

    Pinnacle Estate Properties

    (310) 505-5006

    13 Total Sales

    Paul Grisanti
    Section Image
  • Sara Grisanti

    Seller Co-Listing Agent in 2012

    Sara Grisanti

    Pinnacle Estate Properties

    (310) 456-1925

    9 Total Sales

    Sara Grisanti
    Section Image

  • M

    Buyer's Agent in 2012

    Marco Cosentino

    Sotheby's International Realty

    (310) 456-6431

    1 Total Sale

    Marco Cosentino
    Section Image
  • John Cosentino

    Buyer Co-Listing Agent in 2012

    John Cosentino

    Sotheby's International Realty

    (310) 365-2001

    14 Total Sales

    John Cosentino
    Section Image
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Map

Source: The MLS

MLS Number: 11-562247

The MLS

APN: 4469-041-005

California Los Angeles County Malibu 90265

29916 Cuthbert Rd, Malibu, CA

Not Listed for Sale

Detached

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