NOT LISTED FOR SALE

Estimated Value: $3,460,685 - $4,871,000

4 Beds
4 Baths
3,191 Sq Ft
$1,252/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $2,895,000 $907 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $25,036/month

376 Days on Market

Highlights

  • Property has ocean access
  • Koi Pond
  • Art Studio
  • Malibu Elementary School Rated A
  • Tennis Courts
  • Heated Spa

About This Home

As of March 2021

You have been waiting for this house. It was remodeled and enlarged in 1990 and a complete Master suite with two bathrooms and a large walkthrough Master closet. A separate Family room was added at the same time to bring the Permitted Sq. footage to 3191 sq. ft. Per the Tax Assessor. A separate art studio/shed was added prior to cityhood. The yard has an elaborate Koi Pond an outdoor BBQ Lanai with a built-in tile dining table . Comes with membership in the Malibu West Swim Club on Broad Beach and keys for the two tennis Courts in a wind protected area of the neighborhood. Association fees are currently $1,650 per year. All of the homes in this neighborhood are connected to a private Sewer system which makes adding a pool a lot easier. Great walking neighborhood with quiet private streets. Vintage Market and the Beach club are within a 1/4 mile radius of this home.

Last Agent to Sell the Property

Paul Grisanti

Pinnacle Estate Properties License #00621552 Listed on: 01/14/2021

Pinnacle Estate Properties

Co-Listed By

Sara Grisanti

Pinnacle Estate Properties License #00955628

Last Buyer's Agent

Barbara Tenenbaum

Carolwood Estates License #00823256

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,623

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 111x130
  • Cul-De-Sac
  • North Facing Home
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Backyard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LCR110000*

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Property Views

  • Pond
  • Woods

Home Design

  • Contemporary Architecture
  • Turnkey
  • Barrel Roof Shape
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 3,191 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Dry Bar
  • Cathedral Ceiling
  • Track Lighting
  • Two Way Fireplace
  • See Through Fireplace
  • Gas Fireplace
  • Custom Window Coverings
  • Garden Windows
  • Sliding Doors
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Art Studio
  • Craft Room
  • Storage

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Electric Cooktop
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 4 Full Bathrooms
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated Spa
  • Property has ocean access
  • Beach Access
  • Tennis Courts
  • Slab Porch or Patio
  • Koi Pond
  • Built-In Barbecue
  • Rain Gutters

Location

  • Ground Level Unit
  • Property is near a clubhouse
  • Property is near a park
  • Property is near public transit
  • City Lot

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 4469-033-004

Community Details

Overview

  • Association fees include clubhouse
  • Malibu West Homeowner's Association, Phone Number (310) 457-9068

Amenities

  • Sundeck
  • Clubhouse
  • Meeting Room
  • Recreation Room

Recreation

  • Tennis Courts

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,623

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$138 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: THIS IS THE HOUSE YOU HAVE BEEN WAITING FOR. One of the largest homes in Malibu West was remodeled in 1990 with a complete Master Suite with two bathrooms and a large walkthrough Master closet. A separate Family room was added at the same time to bring the Permitted Sq. footage to apx. 3191 sq. feet, per the Tax Assessor. A separate art studio/shed was added prior to Malibu cityhood. The yard has an elaborate Koi Pond, an outdoor BBQ/Lanai with a built-in tile dining table, a lushly landscaped garden and a side yard/dog run. This home comes with membership in the Malibu West Swim Club on Broad Beach and keys for the two tennis Courts in a wind protected area of the neighborhood.
  • Complex Name: Malibu West HOA
  • Entry Location: Foyer
  • Exclusions: none
  • Living Area: 3191
  • Lot Acreage: 0.2592
  • Lot Dimensions: 111x130
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1962
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bidet, Detached/No Common Walls, Dry Bar, Drywall Walls, Storage Space, Track Lighting, Wet Bar, Cathedral-Vaulted Ceilings, Turnkey
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room, Master Retreat, See Through, Dining, Gas, Two Way
  • Flooring: Carpet, Tile
  • Appliances: Built-In And Free Standing, Microwave, Warmer Oven Drawer, Cooktop - Electric, Double Oven, Built-In BBQ, Built-In Electric, Self Cleaning Oven
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Retreat, Master Suite, WalkInCloset, All Bedrooms Down, Dressing Area
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Remodeled, Shower and Tub, Shower Over Tub, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Breakfast Nook, Dining Area, Family Kitchen, Formal Dining Rm, Breakfast Area
  • Kitchen Features: Granite Counters, Remodeled, Open to Family Room, Island, Gourmet Kitchen
  • Laundry: Room, Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Gas Dryer Hookup, Microwave, Garbage Disposal, Freezer, Dryer, Dishwasher, Built-Ins, Cable, Barbeque, Refrigerator, Range/Oven, Vented Exhaust Fan, Water Line to Refrigerator, Ice Maker, Antenna, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 907.24
  • Windows: Custom Window Covering, Garden Window

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Features: Koi Pond, Barbecue Private, Custom Built, Sliding Glass Doors, Rain Gutters, Slab
  • Other Structures: Accessory Bldgs, Other
  • Tennis Court: North/South, Community
  • Tennis Court Y/N: Yes
  • Foundation Details: Slab
  • Fence: Wood, Privacy
  • Patio: Concrete Slab, Living Room Deck Attached
  • Pool: No
  • Roof: Asphalt, Barrel
  • Spa: Bath Tub, Heated with Gas
  • Spa Yn: Yes
  • View: Trees/Woods, Pond
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Door Opener, Driveway - Combination, Attached, Covered Parking, Garage - 2 Car, Side By Side
  • Total Parking: 2

Utilities

  • TV Svcs: Tv Satellite Dish, Cable TV
  • Water District: LA County Waterworks Dist. #29
  • Water Heater: Gas, Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Central, Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Gated Community, Rec Multipurpose Rm, Sun Deck, Tennis Courts, Controlled Access, Meeting Room, Hot Water, Clubhouse

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Association Fees Include: Clubhouse
  • HOA Fees: 1650.00
  • Management Company: Malibu West Homeowner's Association
  • Mgmt Co 2: hoa@malibuwestbc.com
  • Mgmt Co Phone: 3104579068|
  • Mgmt Co 2 Phone: 3104578404|
  • Phone: 3104579068|
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Rear, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 4469-033-004
  • Lot Description: Utilities Underground, Street Asphalt, Storm Drains, Sidewalks, Street Paved, Lot Shape-Irregular, Front Yard, Curbs, Back Yard, Lawn, Landscaped, Fenced, Fenced Yard
  • Lot Location: Cul-De-Sac, Ocean Access, Near Public Transit, Park Nearby, Beach Access, City, Close to Clubhouse
  • Lot Size Area: 11291

Rental Info

  • Furnished: Furnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 3, 2021
Sold by
Osborn Michael W and Osborn Patrick J
Bought by
Emanuel Craig and Zipser Deborah
Seller's Agent
Paul Grisanti
Pinnacle Estate Properties
Buyer's Agent
Barbara Tenenbaum
Carolwood Estates
List Price
$2,895,000
Sold Price
$2,895,000
Current Estimated Value
$3,994,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,099,421
Avg. Annual Appreciation
7.42%
Original Mortgage
$2,026,500
Outstanding Balance
$1,806,804
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,187,617

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jan 25, 2021
Sold by
Osborn Patrick J and Estill Family Trust
Bought by
Osborn Michael W and Osborn Patrick J
Seller's Agent
Paul Grisanti
Pinnacle Estate Properties
Buyer's Agent
Barbara Tenenbaum
Carolwood Estates
List Price
$2,895,000
Sold Price
$2,895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,026,500
Outstanding Balance
$1,806,804
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,187,617

Purchase Details

Closed on
Jun 24, 2002
Sold by
Estill Wayne D and Estill Beverly A
Bought by
Estill Wayne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.74%

Purchase Details

Closed on
Jun 7, 2002
Sold by
Estill Wayne D and Estill Beverly A
Bought by
Estill Wayne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.74%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Estill Wayne D
Bought by
Estill Wayne D and Estill Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.95%
Source: Public Records

Range of Values:

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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
Emanuel Craig $2,895,000 Priority Title Camarillo
Osborn Michael W -- Priority Title Camarillo
Estill Wayne D -- --
Estill Wayne D -- Fidelity National Title Co
Estill Wayne D -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emanuel Craig $2,026,500
Previous Owner Estill Wayne D $265,000
Previous Owner Estill Wayne D $217,500
Previous Owner Estill Wayne D $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $2,895,000 0.0% $907 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/14/2020 01/14/20 For Sale $2,895,000 -- $907 / 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 $39,623 $3,133,638 $2,197,877 $935,761
2024 $39,623 $3,072,195 $2,154,782 $917,413
2023 $38,751 $3,011,957 $2,112,532 $899,425
2022 $37,917 $2,952,900 $2,071,110 $881,790
2021 $7,285 $344,772 $65,202 $279,570
2020 $6,937 $341,238 $64,534 $276,704
2019 $6,866 $334,548 $63,269 $271,279
2018 $6,565 $327,989 $62,029 $265,960
2016 $6,359 $315,255 $59,621 $255,634
2015 $6,302 $310,521 $58,726 $251,795
2014 $5,886 $304,439 $57,576 $246,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-674928

The MLS

APN: 4469-033-004