Seller's Agent in 2020
Chris Cortazzo
Compass
(310) 489-7091
20 in this area
206 Total Sales
31042 Broad Beach Rd Malibu, CA 90265
Encinal Bluffs NeighborhoodEstimated Value: $7,245,000 - $13,558,282
5
Beds
5
Baths
3,050
Sq Ft
$3,362/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Detached Guest House
- Malibu Elementary School Rated A
- Property has ocean access
- Heated Spa
About This Home
As of January 2020Malibu modern with great flow, huge ocean-view windows, courtyard, decks, vanishing doors, exquisite cabinetry. Living and dining rooms share two-sided fireplace, beamed ceilings, spectacular views. Kitchen has high-end appliances, ample work space, generous storage. Dining room opens to multi-level wood deck for dining, entertaining. This steps down to lounging deck with hot tub, then to sandy sitting area and gated path to beach. Home's main level has two en-suite bedrooms with courtyard views. Upper level has two more en-suite bedrooms, including gorgeous ocean-view owner's retreat, with wood floors, sitting area, custom closet, luxe bath, sleeping area with space for office and loads of built-in shelves and drawers. Floor-to-ceiling window and pocket doors open to private balcony with non-stop views. Above detached two-car garage is large en-suite guest studio. This is an exceptional residence of superb quality and impressive views in one of Malibu's most desirable locations.
Home Details
Home Type
- Single Family
Lot Details
- 0.3 Acre Lot
- Beach Front
- Fenced
- Landscaped
- Back and Front Yard
- Property is zoned LCR110000*
Property Views
- White Water Ocean
- Coastline
- Panoramic
Home Design
- Modern Architecture
Interior Spaces
- 3,050 Sq Ft Home
- 2-Story Property
- Built-In Features
- High Ceiling
- Ceiling Fan
- Skylights
- See Through Fireplace
- Gas Fireplace
- Sliding Doors
- Entryway
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Walk-In Closet
- Maid or Guest Quarters
- 5 Full Bathrooms
- Double Vanity
- Bathtub with Shower
- Shower Only
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Stacked Washer and Dryer Hookup
Home Security
- Security System Owned
- Security Lights
- Fire and Smoke Detector
Parking
- 2 Car Garage
- Driveway
- Guest Parking
- On-Street Parking
- Uncovered Parking
Pool
- Heated Spa
- Above Ground Spa
Outdoor Features
- Property has ocean access
- Oceanside
- Balcony
- Wood Patio
- Built-In Barbecue
Utilities
- Central Heating
- Property is located within a water district
- Water Purifier
- Septic Tank
- Cable TV Available
Additional Features
- Detached Guest House
- Property is near public transit
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4470-014-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2019
Closed on
Dec 10, 2019
Sold by
Hill Walter and Hill Hildy Gottlieb
Bought by
Scott Jeremiah and 31042 Broad Beach Family Limit
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Jamie Sher
The Sher Group
List Price
$8,995,000
Sold Price
$8,225,000
Premium/Discount to List
-$770,000
-8.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,027,761
Avg. Annual Appreciation
3.72%
Original Mortgage
$6,168,750
Outstanding Balance
$5,345,053
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$4,907,708
Purchase Details
Closed on
Nov 23, 2004
Sold by
Dunitz Maxine and Maxine Dunitz Survivor Trust
Bought by
Hill Walter and Hill Hildy Gottlieb
Purchase Details
Closed on
Jul 7, 1998
Sold by
Dunitz Maxine
Bought by
Dunitz Maxine and Maxine Dunitz Survivors Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scott Jeremiah | $8,225,000 | Equity Title Company | |
| Hill Walter | $7,000,000 | -- | |
| Dunitz Maxine | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scott Jeremiah | $6,168,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2020 01/07/20 | Sold | $8,225,000 | -8.6% | $2,697 / Sq Ft |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 11/10/2019 11/10/19 | For Sale | $8,995,000 | -- | $2,949 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $197,186 | $13,328,850 | $10,663,038 | $2,665,812 |
| 2024 | $184,496 | $13,067,501 | $10,453,959 | $2,613,542 |
| 2023 | $181,751 | $12,811,277 | $10,248,980 | $2,562,297 |
| 2022 | $178,723 | $12,560,076 | $10,048,020 | $2,512,056 |
| 2021 | $126,675 | $8,310,210 | $6,648,168 | $1,662,042 |
| 2020 | $125,004 | $8,225,000 | $6,580,000 | $1,645,000 |
| 2019 | $142,555 | $9,688,979 | $6,997,588 | $2,691,391 |
| 2018 | $136,405 | $9,499,000 | $6,860,381 | $2,638,619 |
| 2016 | $128,173 | $9,130,144 | $6,593,985 | $2,536,159 |
| 2015 | $126,490 | $8,993,002 | $6,494,938 | $2,498,064 |
| 2014 | $117,715 | $8,816,843 | $6,367,712 | $2,449,131 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
Jamie Sher
Buyer's Agent in 2020
Jamie Sher
The Sher Group
(323) 304-2455
23 Total Sales
Map
Source: The MLS
MLS Number: 19-528928
APN: 4470-014-018
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