NOT LISTED FOR SALE

Estimated Value: $5,459,000 - $13,084,066

3 Beds
4 Baths
3,293 Sq Ft
$2,816/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $13,700,000 $4,160 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $66,680/month

5 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • French Country Architecture
  • Malibu Elementary School Rated A
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of October 2022

This custom beachfront retreat boasts 38 feet of frontage along the Malibu coastline. Enjoy three bedrooms, four bathrooms, a 3,293-square-foot floorplan and iconic indoor-outdoor living. The home facade presents beautiful brickwork, a tribute to tradition while maintaining the casual elegance that Malibu is known for. Inside, take in endless ocean views and savor details such as hand-carved woodwork, light-filled atriums and an open living/dining area. French doors lead out onto the outdoor patio with a covered seating area. Upstairs, the primary suite offers peaceful white-water views, a vaulted ceiling, fireplace, an oceanfront balcony, a private deck and dual bathrooms. The guest bedroom captures panoramic views and features Porthault hand-painted fabric. Outside, find a grassy, walled courtyard garden and a saltwater pool. A detached guest studio includes a tiled shower, fireplace and kitchenette. Overhead, a rooftop deck provides breathtaking views out to sea and down the coast.

Last Agent to Sell the Property

Cooper Mount

Carolwood Estates License #01956287 Listed on: 09/20/2022

Carolwood Estates

Last Buyer's Agent

Sandro Dazzan

The Agency License #01418033

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $193,944

Year Built

  • Built in 1989

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 40x395
  • Property is zoned LCR110000*

Property Views

  • White Water Ocean
  • Panoramic

Home Design

  • French Country Architecture

Interior Spaces

  • 3,293 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Dressing Area
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Additional Features

  • Detached Guest House
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-013-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$193,944

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country French
  • Street Number Display: Yes
  • Living Area: 3293
  • Lot Acreage: 0.3583
  • Lot Dimensions: 40x395
  • Stories: 2
  • Year Built: 1989
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Wood Burning
  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Built-Ins, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4327.36

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: White Water, Water, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4470-013-013
  • Lot Size Area: 15606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Oct 4, 2022
Sold by
Arden House Trust
Bought by
Veggie Investments Llc
Seller's Agent
Cooper Mount
Carolwood Estates
Buyer's Agent
Sandro Dazzan
The Agency
List Price
$14,250,000
Sold Price
$13,700,000
Premium/Discount to List
-$550,000
-3.86%
Views
88
Current Estimated Value
$9,271,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,428,467
Avg. Annual Appreciation
-12.72%
Original Mortgage
$8,700,000
Outstanding Balance
$8,284,378
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$987,155

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 6, 2021
Sold by
Lemmon Courtney and Seibert Michael J
Bought by
Smalley Susan and Willhoit Charles A
Seller's Agent
Tony Mark
Compass
Buyer's Agent
Cooper Mount
Carolwood Estates
List Price
$13,450,000
Sold Price
$13,350,000
Premium/Discount to List
-$100,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%

Purchase Details

Closed on
Oct 12, 2006
Sold by
Lemmon Felicia Farr and The Lemmon Family Trust
Bought by
Lemmon Felicia Farr and Survivors Trust Lemmon Family
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
Veggie Investments Llc $13,700,000 Equity Title
Smalley Susan $13,350,000 Lawyers Title
Lemmon Felicia Farr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veggie Investment Llc $8,700,000
Previous Owner Ward Tamara J $8,677,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $13,700,000 -3.9% $4,160 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $14,250,000 +6.7% $4,327 / Sq Ft
07/15/2021 07/15/21 Sold $13,350,000 -0.7% $4,054 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $13,450,000 0.0% $4,084 / Sq Ft
10/20/2014 10/20/14 Rented $10,500 -16.0% --
10/20/2014 10/20/14 Under Contract -- -- --
08/20/2014 08/20/14 For Rent $12,500 +8.7% --
07/25/2014 07/25/14 Rented $11,500 -8.0% --
07/25/2014 07/25/14 Under Contract -- -- --
06/13/2014 06/13/14 For Rent $12,500 +25.0% --
07/17/2013 07/17/13 Rented $10,000 -31.0% --
07/16/2013 07/16/13 Under Contract -- -- --
03/19/2013 03/19/13 For Rent $14,500 -- --
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 $193,944 $14,253,480 $11,402,784 $2,850,696
2024 $193,944 $13,974,000 $11,179,200 $2,794,800
2023 $190,963 $13,700,000 $10,960,000 $2,740,000
2022 $186,965 $13,350,000 $10,680,000 $2,670,000
2021 $44,973 $1,282,531 $330,680 $951,851
2020 $43,781 $1,269,381 $327,290 $942,091
2019 $43,535 $1,244,492 $320,873 $923,619
2018 $42,292 $1,220,091 $314,582 $905,509
2016 $37,444 $1,172,715 $302,367 $870,348
2015 $36,978 $1,155,101 $297,826 $857,275
2014 $29,793 $1,132,475 $291,992 $840,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-199437

The MLS

APN: 4470-013-013