NOT LISTED FOR SALE

Estimated Value: $4,064,386 - $5,789,000

3 Beds
2.5 Baths
2,572 Sq Ft
$1,756/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $2,100,000 $816 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $26,378/month

150 Days on Market

Highlights

  • Coastline Views
  • All Bedrooms Downstairs
  • Forced Air Heating and Cooling System
  • Abraham Lincoln Elementary School Rated A
  • Breakfast Area or Nook
  • 3-minute walk to Spyglass Hill Park

About This Home

As of September 2014

Enter Three Malibu Circle in Corona del Mar and you’ll forget where you are. This impeccably maintained and updated single level residence in Spyglass Hill sits on a large lot of over 9,000 sq ft in a very private elevated cul-de-sac. Once inside the entire LA Basin is yours to view from Long Beach to the Hollywood sign, Century City and Downtown Los Angeles.
The home boasts 2,575 SF of air conditioned living space totaling four bedrooms, two and one half baths, and a dedicated office. The remodeled gourmet kitchen includes an island breakfast bar, top of the line appliances, built in refrigerator, dish washer and refrigerator drawers, granite counter tops, and custom cabinetry. Other amenities of the home include a “smart home” lighting and thermostat system, Puronics™ whole house water filtration, A/C, two fire places, wood beamed ceilings, and skylights.
Like the rest of the property, the outdoor experience is private and relaxing. The home conveniently opens up to the yard and its beautiful palm trees on three sides of the home making it a wonderful environment for outdoor entertaining or simply self meditation.

Last Agent to Sell the Property

Rob Montgomery

Arbor Real Estate License #01110479 Listed on: 02/11/2014

Arbor Real Estate

Last Buyer's Agent

Marquise Beuler

Arbor Real Estate License #01111273

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,356

Year Built

  • Built in 1972

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Front Yard

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Coastline
  • City Lights
  • Canyon
  • Hills
  • Courtyard

Interior Spaces

  • 2,572 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 7432
  • Assessor Parcel Number 45849127

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,356

Year Built

Built in 1972

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Spyglass Hill (SPYH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45849127
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2572.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, In Living Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 816.49
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Canyon, Coastline, Courtyard, Hills
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Front Yard, Level, Lot 6500-9999
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 7432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Sep 4, 2014
Sold by
Friis Robert H and Friis Carol A
Bought by
Friis Family Trust
Seller's Agent
Rob Montgomery
Arbor Real Estate
Buyer's Agent
Marquise Beuler
Arbor Real Estate
List Price
$2,495,000
Sold Price
$2,100,000
Premium/Discount to List
-$395,000
-15.83%
Current Estimated Value
$4,515,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,415,347
Avg. Annual Appreciation
7.03%
Original Mortgage
$1,680,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 11, 2014
Closed on
Jul 22, 2014
Sold by
Wentworth Theodore S and Wentworth Diana W
Bought by
Friis Carol A
Seller's Agent
Rob Montgomery
Arbor Real Estate
Buyer's Agent
Marquise Beuler
Arbor Real Estate
List Price
$2,495,000
Sold Price
$2,100,000
Premium/Discount to List
-$395,000
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 1998
Sold by
Wentworth Theodore S and Wentworth Diana W
Bought by
Wentworth Theodore S and Wentworth Diana W

Purchase Details

Closed on
Sep 30, 1997
Sold by
Wentworth Theodore S and Wentworth Diana W
Bought by
Wentworth Theodore S and Wentworth Diana W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.9%

Purchase Details

Closed on
Dec 17, 1992
Sold by
Wentworth Theodore S and Wentworth Diana W
Bought by
Wentworth Theodore S and Wentworth Diana W
Source: Public Records

Range of Values:

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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
Friis Family Trust -- Ticor Title Company
Friis Carol A $2,100,000 Ticor Title Company
Wentworth Theodore S -- --
Wentworth Theodore S -- Chicago Title Co
Wentworth Theodore S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friis Carol A $1,680,000
Previous Owner Wentworth Theodore S $500,000
Previous Owner Wentworth Theodore S $250,000
Previous Owner Wentworth Theodore S $250,000
Previous Owner Wentworth Theodore S $1,333,000
Previous Owner Wentworth Theodore S $600,000
Previous Owner Wentworth Theodore S $1,333,000
Previous Owner Wentworth Theodore S $100,000
Previous Owner Wentworth Theodore S $0
Previous Owner Wentworth Theodore S $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2014 09/08/14 Sold $2,100,000 -7.1% $816 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
06/24/2014 06/24/14 Price Changed $2,260,000 -4.8% $879 / Sq Ft
04/29/2014 04/29/14 Price Changed $2,375,000 -4.8% $923 / Sq Ft
02/11/2014 02/11/14 For Sale $2,495,000 -- $970 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $26,356 $2,523,882 $2,261,480 $262,402
2024 $26,356 $2,474,395 $2,217,138 $257,257
2023 $25,737 $2,425,878 $2,173,665 $252,213
2022 $25,309 $2,378,312 $2,131,044 $247,268
2021 $24,823 $2,331,679 $2,089,259 $242,420
2020 $24,584 $2,307,771 $2,067,836 $239,935
2019 $24,073 $2,262,521 $2,027,290 $235,231
2018 $23,592 $2,218,158 $1,987,539 $230,619
2017 $23,173 $2,174,665 $1,948,567 $226,098
2016 $22,651 $2,132,025 $1,910,360 $221,665
2015 $22,437 $2,100,000 $1,881,664 $218,336
2014 $2,470 $210,142 $109,965 $100,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14029389

California Regional Multiple Listing Service (CRMLS)

APN: 458-491-27