NOT LISTED FOR SALE

Estimated Value: $5,832,000 - $15,475,912

4 Beds
4.5 Baths
3,655 Sq Ft
$2,915/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $9,300,000 $2,544 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $76,465/month

Highlights

  • White Water Ocean Views
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Malibu Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of February 2019

Stunning, private compound on Broad Beach Road. This entertainer's dream was taken down to the studs and reimagined by AD100 architect and designer Michael Lee. Exquisite architectural features with soaring ceilings, bi-fold doors, and luxurious amenities. Perfect blend of Mediterranean and modern design, and luxurious indoor-outdoor living spaces with a pool. This smart, clean energy home is complete with solar panels, Tesla powerwall, and detached three-car studio. Conveniently located near the Trancas Market for dining, shopping, and entertainment, and 25 minutes from a private airport in Camarillo.

Last Agent to Rent the Property

Deedee Cortese

The Agency License #01887457 Listed on: 12/12/2018

The Agency

Last Renter's Agent

Cooper Mount

Carolwood Estates License #01956287

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $220,978

Year Built

  • Built in 1974

Lot Details

  • 0.35 Acre Lot
  • Property is zoned LUCR110000

Parking

  • 3 Car Garage

Home Design

  • Villa

Interior Spaces

  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Flooring
  • White Water Ocean Views
  • Alarm System
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Additional Features

  • Heated In Ground Pool
  • Central Heating

Listing and Financial Details

  • Security Deposit $120,000
  • Tenant pays for cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 4470-013-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$220,978

Year Built

Built in 1974

Lot Details

0

Parking

3

Rental Info

  • Furnished: Furnished
  • Security Deposit: 120000
  • Tenant Pays: Cable TV

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Monthto Month: No
  • Stories: 2
  • Year Built: 1974
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Master Suite
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System
  • Fireplace: Yes
  • Inclusions: Furnished, Washer/Dryer

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • View: White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Separate Maids Qtrs
  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4470-013-004
  • Geocode Override: No
  • Lot Size Area: 15278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2020
Sold by
Malibu Beach Partners Llc
Bought by
Roger Bacon Llc
Current Estimated Value
$10,653,956

Purchase Details

Listed on
Mar 23, 2015
Closed on
Aug 15, 2016
Sold by
Broad Beach Property Llc
Bought by
Malibu Beach Partners Llc
Seller's Agent
Jack Pritchett
Sotheby's International Realty
Buyer's Agent
Deedee Cortese
The Agency
List Price
$10,950,000
Sold Price
$9,300,000
Premium/Discount to List
-$1,650,000
-15.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$7,400,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 30, 2012
Sold by
Miles Kenneth A and Epstein Ira S
Bought by
Broad Beach Property Llc

Purchase Details

Closed on
Mar 24, 2010
Sold by
Miles Kenneth A and Epstein Ira S
Bought by
Miles Kenneth A and Epstein Ira S
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
Roger Bacon Llc $15,175,000 Lawyers Title
Malibu Beach Partners Llc $9,300,000 Equity Title
Broad Beach Property Llc -- None Available
Broad Beach Property Llc -- None Available
Miles Kenneth A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malibu Beach Partners Llc $8,300,000
Previous Owner Malibu Beach Partners Llc $8,300,000
Previous Owner Malibu Beach Partners Llc $7,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2019 02/04/19 Rented $50,000 -16.7% --
12/12/2018 12/12/18 For Rent $60,000 0.0% --
08/26/2016 08/26/16 Sold $9,300,000 -15.1% $2,544 / Sq Ft
03/23/2015 03/23/15 For Sale $10,950,000 -- $2,996 / 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 $220,978 $16,425,907 $14,071,618 $2,354,289
2024 $220,978 $16,103,831 $13,795,704 $2,308,127
2023 $217,560 $15,788,070 $13,525,200 $2,262,870
2022 $214,135 $15,478,500 $13,260,000 $2,218,500
2021 $207,261 $15,175,000 $13,000,000 $2,175,000
2020 $145,534 $9,869,234 $8,489,664 $1,379,570
2019 $143,915 $9,675,720 $8,323,200 $1,352,520
2018 $137,723 $9,486,000 $8,160,000 $1,326,000
2016 $49,886 $2,107,845 $735,788 $1,372,057
2015 $49,257 $2,076,184 $724,736 $1,351,448
2014 $41,368 $2,035,515 $710,540 $1,324,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-415330

The MLS

APN: 4470-013-004