NOT LISTED FOR SALE

Estimated Value: $2,847,000 - $5,128,000

6 Beds
6 Baths
7,462 Sq Ft
$560/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $2,200,000 $295 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $23,525/month

28 Days on Market

Highlights

  • Dance Studio
  • Views of Trees
  • Living Room with Fireplace
  • Sumac Elementary School Rated A
  • 99,786 Sq Ft lot
  • Mediterranean Architecture

About This Home

As of February 2015

Celebrity estate nestled in the hills of Malibu. This private, Mediterranean-Spanish Villa needs renovation and is a hidden treasure. Sitting on approximately 2.5 acres of lushly landscaped and usable land you will find a large, two story estate complete with large kitchen and dining areas, media room, gym area, family room with built-in wet bar. Fabulous for entertaining, large motor-court, gated security, garden areas and huge lagoon pool, spa, outdoor bar-b-que. Just minutes to Malibu beaches or the 101 fwy.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 11/17/2014

Last Buyer's Agent

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387

Westside Estate Agency-Malibu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,974

Year Built

  • Built in 1991

Lot Details

  • 2.29 Acre Lot
  • Property is zoned LCA11*

Property Views

  • Trees
  • Mountain

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 7,462 Sq Ft Home
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Dance Studio
  • Home Gym
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room
  • 6 Full Bathrooms

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2058-017-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,974

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 7462
  • Year Built: 1991
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 6.00
  • Den: 1
  • Price Per S Q F T: 294.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2058-017-005
  • Geocode Override: No
  • Lot Size Area: 99786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2014
Sold by
Protec Trust Management Establishment
Bought by
31341 Mulholland Llc
Current Estimated Value
$4,181,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2008
Sold by
Rippa Investments Llc
Bought by
Protect Trust Management Establishment

Purchase Details

Closed on
May 10, 2007
Sold by
Zamarripa Steve J
Bought by
Rippa Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2007
Sold by
31341 Mulholland Highway Llc
Bought by
Zamarripa Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2007
Sold by
Moch Fred S
Bought by
31341 Mulholland Highway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2004
Sold by
Lee Tommy
Bought by
Moch Fred S and Reynolds Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,732,500
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2001
Sold by
Lee Pamela Denise
Bought by
Lee Tommy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.75%

Purchase Details

Closed on
Nov 26, 1996
Sold by
Lee Tommy
Bought by
Lee Tommy and Lee Pamela Denise

Purchase Details

Closed on
Oct 24, 1995
Sold by
Lee Tommy
Bought by
Lee Tommy and Lee Pamela Denise

Purchase Details

Closed on
Mar 15, 1995
Sold by
Highland Federal Bank Fsb
Bought by
Lee Tommy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.75%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Elmore Richard G
Bought by
Highland Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.75%
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
31341 Mulholland Llc $2,200,000 Fidelity National Title Co
Protect Trust Management Establishment $2,850,000 Equity Title Los Angeles
Rippa Investments Llc -- None Available
Zamarripa Steve J $3,250,000 Equity Title Company
31341 Mulholland Highway Llc -- Equity Title Company
Moch Fred S $2,475,000 California Title
Lee Tommy -- First Southwestern Title Co
Lee Tommy -- --
Lee Tommy -- --
Lee Tommy $800,000 Chicago Title
Lee Tommy -- Chicago Title
Highland Federal Bank Fsb $837,886 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 31341 Mulholland Llc $1,600,000
Closed Mulholland Llc $1,500,000
Previous Owner 31341 Mulholland Llc $1,500,000
Previous Owner Zamarripa Steve J $2,437,500
Previous Owner 31341 Mulholland Highway Llc $162,500
Previous Owner Moch Fred S $1,732,500
Previous Owner Lee Tommy $1,100,000
Previous Owner Lee Tommy $845,000
Previous Owner Lee Tommy $600,000
Closed Lee Tommy $340,000
Closed Moch Fred S $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2015 02/13/15 Sold $2,200,000 0.0% $295 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/17/2014 11/17/14 For Sale $2,200,000 -- $295 / 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 $14,974 $1,322,144 $1,322,031 $113
2024 $14,974 $1,296,220 $1,296,109 $111
2023 $14,573 $1,270,805 $1,270,696 $109
2022 $14,110 $1,245,888 $1,245,781 $107
2021 $14,151 $1,221,459 $1,221,354 $105
2019 $13,604 $1,185,231 $1,185,129 $102
2018 $26,936 $2,323,784 $1,161,892 $1,161,892
2017 $26,393 $2,278,220 $1,139,110 $1,139,110
2016 $25,510 $2,233,550 $1,116,775 $1,116,775
2015 $33,608 $2,970,000 $1,719,500 $1,250,500
2014 $33,794 $2,970,000 $1,719,500 $1,250,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-810939

The MLS

APN: 2058-017-005