J
Seller's Agent in 2023
Josh Stepakoff
Pinnacle Estate Properties
(818) 993-7370
1 in this area
24 Total Sales
31506 Broad Beach Rd Malibu, CA 90265
Broad Beach NeighborhoodEstimated Value: $6,753,000 - $8,631,000
5
Beds
3.5
Baths
3,761
Sq Ft
$2,100/Sq Ft
Est. Value
Highlights
- Ocean View
- Fishing
- Ocean Side of Highway 1
- Malibu Elementary School Rated A
- Primary Bedroom Suite
- Cape Cod Architecture
About This Home
As of June 2023Experience the epitome of Malibu living with this custom home perched just above Broad Beach. This 5-bedroom home boasts unparalleled whitewater ocean views from Point Dume all the way to Trancas Point. Fall asleep to the sound of the ocean crashing below from your oversized oceanfront primary suite that has a private deck, custom closet, and a massive bath. A separate guest quarters provides a private space for your guests. Enjoy sweeping ocean views from the entire downstairs the moment you walk through the front door. Just a short walk to the sand, this Malibu sanctuary is truly a remarkable place to call home.
Last Agent to Sell the Property
Pinnacle Estate Properties License #02045840 Listed on: 04/19/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $85,241
Year Built
- Built in 1978
Lot Details
- 7,427 Sq Ft Lot
- Security Fence
- Wood Fence
- Front Yard Sprinklers
- Property is zoned LCR1*
Parking
- 2 Car Direct Access Garage
- Parking Available
- Combination Of Materials Used In The Driveway
Property Views
- Ocean
- Panoramic
- Bluff
Home Design
- Cape Cod Architecture
- Craftsman Architecture
- Split Level Home
- Shingle Roof
- Shake Siding
Interior Spaces
- 3,761 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Recessed Lighting
- Blinds
- Stained Glass
- Family Room with Fireplace
- Dining Room
- Home Office
- Alarm System
- Laundry Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Range
- Range Hood
- Trash Compactor
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- In-Law or Guest Suite
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Separate Shower
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Deck
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 25166
- Assessor Parcel Number 4470017055
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2023
Closed on
May 5, 2023
Sold by
Laurie Klorman Survivors Trust
Bought by
Obu Llc
Seller's Agent
Josh Stepakoff
Pinnacle Estate Properties
Buyer's Agent
Britney Smits
Pinnacle Estate Properties
List Price
$6,950,000
Sold Price
$6,725,000
Premium/Discount to List
-$225,000
-3.24%
Views
475
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
$1,172,128
Avg. Annual Appreciation
7.47%
Purchase Details
Closed on
Apr 13, 2021
Sold by
Laurie And Milton Klorman Living Trust and Klorman Laurie Milman
Bought by
Laurie And Milton Klorman Living Trust and Klorman
Purchase Details
Closed on
Oct 21, 2011
Sold by
Klorman Milton and Klorman Laurie Milman
Bought by
Klorman Milton and Klorman Laurie Milman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,000
Interest Rate
4.01%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Obu Llc | $6,725,000 | Priority Title | |
| Laurie And Milton Klorman Living Trust | -- | Accommodation/Courtesy Recordi | |
| Klorman Milton | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Klorman Laurie Milman | $1,008,000 | |
| Previous Owner | Klorman Milton | $1,145,000 | |
| Previous Owner | Klorman Milton | $250,000 | |
| Previous Owner | Klorman Milton | $1,182,000 | |
| Previous Owner | Klorman Milton | $1,192,000 | |
| Previous Owner | Klorman Milton | $500,000 | |
| Previous Owner | Klorman Milton | $1,362,000 | |
| Previous Owner | Klorman Milton | $100,000 | |
| Previous Owner | Klorman Milton | $1,362,000 | |
| Previous Owner | Klorman Milton | $100,000 | |
| Previous Owner | Klorman Milton | $1,357,800 | |
| Previous Owner | Klorman Milton | $1,346,000 | |
| Previous Owner | Klorman Milton | $100,000 | |
| Previous Owner | Klorman Milton | $225,000 | |
| Previous Owner | Klorman Milton | $200,000 | |
| Previous Owner | Klorman Milton | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $6,725,000 | -3.2% | $1,788 / Sq Ft |
| 05/03/2023 05/03/23 | Pending | -- | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $6,950,000 | -- | $1,848 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $85,241 | $6,996,689 | $5,097,751 | $1,898,938 |
| 2024 | $85,241 | $6,859,500 | $4,997,796 | $1,861,704 |
| 2023 | $24,186 | $1,544,279 | $763,511 | $780,768 |
| 2022 | $23,031 | $1,514,000 | $748,541 | $765,459 |
| 2021 | $21,985 | $1,484,314 | $733,864 | $750,450 |
| 2020 | $21,533 | $1,469,096 | $726,340 | $742,756 |
| 2019 | $21,297 | $1,440,292 | $712,099 | $728,193 |
| 2018 | $20,326 | $1,412,052 | $698,137 | $713,915 |
| 2016 | $19,201 | $1,357,223 | $671,029 | $686,194 |
| 2015 | $18,994 | $1,336,837 | $660,950 | $675,887 |
| 2014 | $18,768 | $1,310,651 | $648,003 | $662,648 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Stepakoff
-
Jeff Chertow
Seller Co-Listing Agent in 2023
Jeff Chertow
Pinnacle Estate Properties
(310) 456-3469
1 in this area
49 Total Sales
-
Britney Smits
Buyer's Agent in 2023
Britney Smits
Pinnacle Estate Properties
(310) 924-2710
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23055440
APN: 4470-017-055
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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