NOT LISTED FOR SALE

Estimated Value: $9,815,521

5 Beds
6 Baths
4,190 Sq Ft
$2,343/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2020

Last sale price $11,425,000 $2,727 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $70,366 / mo

137 Days on Market

Highlights

  • White Water Ocean Views
  • Home Theater
  • 26,431 Sq Ft lot
  • Guest House
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of June 2020

Set upon a coveted half acre lot with 80 feet of beach frontage on Malibu's Broad Beach, this innovative architectural compound from architect Chris Sorensen redefines quintessential California living. Designed to optimize an indoor/outdoor lifestyle, the newly updated 5-bedroom home features 3 structures that flow seamlessly to a central, multi-level terrace with lush landscaping, outdoor kitchen, built-in BBQ, fire pit, pool, jacuzzi and direct access to the beach. The prized offering includes a two-level fitness and relaxation hideaway; a retreat of its own with a deluxe ocean view master and great room; and third structure with additional bedrooms, state-of-the-art kitchen, living area and dining room, all embraced by glass doors that open to the beachfront terrace. Appointed with high-end details throughout, from oak and stone floors to parking for 10 cars and ocean views from every room, this Malibu compound provides the ultimate seaside setting to live, relax and entertain.

Last Agent to Sell the Property

F. Ron Smith

Compass License #00961954 Listed on: 01/13/2020

Compass

Co-Listed By

David Berg

Compass License #01481236

Last Buyer's Agent

Rayni Williams

The Beverly Hills Estates License #01496786

The Beverly Hills Estates
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Home Details

Home Type

  • Single Family

Lot Details

  • 26,431 Sq Ft Lot
  • Property is zoned LCR110000*

Parking

  • 3 Car Garage
  • 7 Open Parking Spaces
  • Driveway
  • Guest Parking

Interior Spaces

  • 4,190 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Bonus Room
  • White Water Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Open Patio
  • Fire Pit
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-016-033

Home Details

Home Type

Single Family

Lot Details

0.61 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Set upon a coveted half acre lot with 80 feet of beach frontage on Malibu's Broad Beach, this innovative architectural compound from architect Chris Sorensen redefines quintessential California living. Designed to optimize an indoor/outdoor lifestyle, the newly updated 5-bedroom home features 3 structures that flow seamlessly to a central, multi-level terrace with lush landscaping, outdoor kitchen, built-in BBQ, fire pit, pool, jacuzzi and direct access to the beach. The prized offering includes a two-level fitness and relaxation hideaway; a retreat of its own with a deluxe ocean view master and great room; and third structure with additional bedrooms, state-of-the-art kitchen, living area and dining room, all embraced by glass doors that open to the beachfront terrace. Appointed with high-end details throughout, from oak and stone floors to parking for 10 cars and ocean views from every room, this Malibu compound provides the ultimate seaside setting to live, relax and entertain.
  • Living Area: 4190
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Fire Pit, Living Room, Master Bedroom
  • Flooring: Hardwood, Mixed, Stone
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 4
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage, Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Barbeque, Built-Ins, Dishwasher, Elevator, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 3078.28

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Ocean, Water, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 7
  • Covered Parking: 3
  • Parking Garage: Driveway, Garage - 3 Car, Parking for Guests - Onsite, Private Garage
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4470-016-033
  • Geocode Override: No
  • Lot Size Area: 26431

Multi Family

  • Number Of Units: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jun 5, 2020
Sold by
Bought by
Seller's Agent
F. Ron Smith
Compass
Buyer's Agent
Rayni Williams
The Beverly Hills Estates
List Price
$12,898,000
Sold Price
$11,425,000
Premium/Discount to List
-$1,473,000
-11.42%
Current Estimated Value
$9,815,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,609,479
Avg. Annual Appreciation
-2.46%
Original Mortgage
$6,325,000
Outstanding Balance
$5,375,306
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$4,440,215

Purchase Details

Closed on
Dec 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$11,425,000 Fidelity National Title Co
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- Chicago Title
-- Chicago Title
-- Chicago Title
$1,200,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Open $6,325,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $11,425,000 -11.4% $2,727 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $12,898,000 0.0% $3,078 / Sq Ft
11/01/2014 11/01/14 Rented $35,000 0.0% --
11/01/2014 11/01/14 Under Contract -- -- --
09/11/2013 09/11/13 For Rent $35,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $219,299 $12,494,904 $10,936,460 $1,558,444
2024 $206,564 $12,249,907 $10,722,020 $1,527,887
2023 $203,986 $12,009,714 $10,511,785 $1,497,929
2022 $199,790 $11,774,230 $10,305,672 $1,468,558
2021 $191,702 $11,543,363 $10,103,600 $1,439,763
2020 $160,894 $9,013,690 $6,142,430 $2,871,260
2019 $159,386 $8,836,952 $6,021,991 $2,814,961
2018 $153,274 $8,663,679 $5,903,913 $2,759,766
2016 $143,777 $8,327,258 $5,674,657 $2,652,601
2015 $141,923 $8,202,176 $5,589,419 $2,612,757
2014 $125,942 $8,041,507 $5,479,930 $2,561,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-543324

The MLS

APN: 4470-016-033

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