NOT LISTED FOR SALE

31369 Pacific Coast Hwy Malibu, CA 90265

Estimated Value: $3,015,000 - $5,114,629

3 Beds
2 Baths
1,646 Sq Ft
$2,276/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $1,750,000 $1,063 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $22,304/month

63 Days on Market

Highlights

  • White Water Ocean Views
  • Horse Property
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Lawn

About This Home

As of October 2014

Come escape the crowds to this 1940's California Bungalow. Located on an acre with a pool on one level plus two other useable pads. Sweeping ocean and mountain views. Large patios. This home has private/deeded beach rights at Sea Level Beach. Many hiking trails nearby. Stained glass windows, original brick fireplace, reading nook...this 3 bedroom/2 bath home is full of charm! The lush landscaping and water features make it feel like you're in a private oasis. Close to the new Trancas Country Market Shopping Center with restaurants, shopping, and Vintage Market. Come see all this property has to offer!

Last Agent to Sell the Property

Jack Pritchett

Sotheby's International Realty License #00454234 Listed on: 06/25/2014

Co-Listed By

Kate Pritchett

Sotheby's International Realty License #01890454

Last Buyer's Agent

Matt Rapf

Sotheby's International Realty License #00854118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,562

Year Built

  • Built in 1948

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 150x325
  • Lawn
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • Mountain

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 1,646 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Stained Glass
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Converted Garage
  • Driveway
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Spa
  • Heated Above Ground Pool

Outdoor Features

  • Horse Property
  • Open Patio

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4470-009-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,562

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1646
  • Lot Acreage: 1.0100
  • Lot Dimensions: 150x325
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Hardwood, Tile
  • Appliances: Electric
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Skylight(s)
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1212.03
  • Windows: Stained or Leaded

Exterior Features

  • Construction: Slump Block, Stucco
  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool Description: Above Ground, Heated
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Mountains, Ocean, White Water
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Driveway, Garage, Parking for Guests

Utilities

  • Heating: Wall
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4470-009-040
  • Geocode Override: No
  • Lot Description: Horse Property, Lawn
  • Lot Size Area: 44342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2014
Closed on
Sep 26, 2014
Sold by
Ellis Cynthia C
Bought by
Murphree Susan and Murphree Patrick
Seller's Agent
Jack Pritchett
Sotheby's International Realty
Buyer's Agent
Matt Rapf
Sotheby's International Realty
List Price
$1,995,000
Sold Price
$1,750,000
Premium/Discount to List
-$245,000
-12.28%
Current Estimated Value
$3,746,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,996,907
Avg. Annual Appreciation
7.26%
Original Mortgage
$900,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 10, 2001
Sold by
Ellis David R
Bought by
Ellis David R and Ellis Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 1998
Sold by
Bone Jackie
Bought by
Ellis David R and Ellis Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
7.01%

Purchase Details

Closed on
Aug 20, 1997
Sold by
Lancaster Burton S Trust
Bought by
Bone Jackie

Purchase Details

Closed on
Mar 20, 1995
Sold by
Ostrow Jack M
Bought by
Bone Jackie
Source: Public Records

Range of Values:

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Average Value
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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
Murphree Susan $1,750,000 Equity Title
Ellis David R -- Fidelity National Title Co
Ellis David R $745,000 First American Title Co
Bone Jackie -- --
Bone Jackie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphree Susan $796,500
Closed Murphree Susan $825,500
Closed Murphree Susan $900,000
Previous Owner Ellis David R $500,000
Previous Owner Ellis David R $462,000
Previous Owner Ellis David R $850,000
Previous Owner Ellis David R $73,000
Previous Owner Ellis David R $770,000
Previous Owner Ellis David R $596,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $1,750,000 -12.3% $1,063 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $1,995,000 -- $1,212 / 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 $24,562 $2,103,227 $1,682,586 $420,641
2024 $24,562 $2,061,989 $1,649,595 $412,394
2023 $24,074 $2,021,558 $1,617,250 $404,308
2022 $23,738 $1,981,921 $1,585,540 $396,381
2021 $23,173 $1,943,060 $1,554,451 $388,609
2019 $22,718 $1,885,431 $1,508,347 $377,084
2018 $21,478 $1,848,463 $1,478,772 $369,691
2016 $20,696 $1,776,687 $1,421,350 $355,337
2015 $20,416 $1,750,000 $1,400,000 $350,000
2014 $11,446 $952,750 $762,204 $190,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-775353

The MLS

APN: 4470-009-040