NOT LISTED FOR SALE

Estimated Value: $5,288,000 - $7,554,000

4 Beds
3.5 Baths
2,873 Sq Ft
$2,350/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $3,900,000 $1,357 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $41,010/month

213 Days on Market

Highlights

  • Ocean View
  • In Ground Spa
  • Modern Architecture
  • Malibu Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of August 2017

Impeccable contemporary set in the exclusive enclave of Broad Beach w/180 degree white water views. Extensive renovation completed in 2016 w/detail & unparalleled finishes. Private, walled/gated. Courtyard entry, great room filled w/light boasts 22 ft. Fleetwood doors. Meticulous chef's kit. custom cabs, quartz counters, prof. grade appliances - Wolf range & wine ref. Island w/dramatic waterfall counter opens to the great room. Wide staircase w/ glass, 2nd floor family room w/head-on views. 4 BR (poss. 5th), 3.5BA, inc. a master-suit for the most discerning. Secluded master features custom walk-in closet and an expansive ocean viewing deck. Spa like master bath w/world class finishes, under-lit floating vanity, shower, water closet & freestanding tub. Alluring yard surrounded by Pacific Ocean w/dining, grassy lawn, lush landscape, w/glass railings & expansive views. Has deeded beach access & approved plans for in-ground pool. Striking ocean views from almost every room

Last Agent to Sell the Property

Donovan Healey

Coldwell Banker Realty License #01887933 Listed on: 01/12/2017

Coldwell Banker Realty

Co-Listed By

Joe Lisciandro

Compass License #01323087

Last Buyer's Agent

Alec Traub

Rodeo Realty License #01403054

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,146

Year Built

  • Built in 1971

Lot Details

  • 7,711 Sq Ft Lot
  • Property is zoned LCR1*

Parking

  • Attached Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Ocean Views
  • Alarm System
  • Microwave
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • In Ground Spa
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-017-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,146

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1971
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Microwave
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4470-017-051
  • Geocode Override: No
  • Lot Size Area: 7711

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Marques Garcias Ricardo and Abusada Irene
Bought by
Garcias Family Trust and Garcias
Current Estimated Value
$6,750,583

Purchase Details

Listed on
Jan 12, 2017
Closed on
Aug 3, 2017
Sold by
Riverside Investors Llc
Bought by
Garcias Ricardo Marques and Garicas Irene Abusada
Seller's Agent
Donovan Healey
Coldwell Banker Realty
Buyer's Agent
Alec Traub
Rodeo Realty
List Price
$4,499,000
Sold Price
$3,900,000
Premium/Discount to List
-$599,000
-13.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$1,950,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2013
Sold by
World Systems Inc
Bought by
Martin Iris H

Purchase Details

Closed on
Nov 12, 2013
Sold by
Martin Iris H
Bought by
Riverside Investors Llc

Purchase Details

Closed on
Oct 21, 2013
Sold by
Martin Iris H
Bought by
World Systems Inc

Purchase Details

Closed on
Aug 9, 2013
Sold by
Seila David
Bought by
Philmithropic Charter Foundation

Purchase Details

Closed on
May 23, 2006
Sold by
Jensen Marilyn J
Bought by
Martin Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 17, 1997
Sold by
Johanson Bradford B
Bought by
Jensen Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.87%
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
Garcias Family Trust -- None Listed On Document
Garcias Ricardo Marques $3,900,000 Chicago Title Company
Martin Iris H -- North American Title Company
Riverside Investors Llc $2,970,029 North American Title Co Inc
World Systems Inc -- None Available
Philmithropic Charter Foundation -- None Available
Martin Iris $4,000,000 California Title Company
Jensen Marilyn J $1,200,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcias Ricardo Marques $1,950,000
Previous Owner Riverside Investors Llc $2,400,000
Previous Owner Riverside Investors Llc $1,800,000
Previous Owner Martin Iris $350,000
Previous Owner Martin Iris $200,000
Previous Owner Martin Iris $4,745,000
Previous Owner Martin Iris $4,725,000
Previous Owner Martin Iris $595,000
Previous Owner Martin Iris $3,570,000
Previous Owner Martin Iris $200,000
Previous Owner Martin Iris $2,800,000
Previous Owner Jensen Marilyn J $500,000
Previous Owner Jensen Marilyn J $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $3,900,000 -4.9% $1,357 / Sq Ft
07/13/2017 07/13/17 Price Changed $4,099,000 -2.4% $1,427 / Sq Ft
06/26/2017 06/26/17 Price Changed $4,199,000 -2.3% $1,462 / Sq Ft
04/10/2017 04/10/17 Price Changed $4,299,000 -2.3% $1,496 / Sq Ft
02/28/2017 02/28/17 Price Changed $4,399,000 -2.2% $1,531 / Sq Ft
01/12/2017 01/12/17 For Sale $4,499,000 -- $1,566 / 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 $54,146 $4,437,530 $3,413,486 $1,024,044
2024 $54,146 $4,350,520 $3,346,555 $1,003,965
2023 $53,011 $4,265,217 $3,280,937 $984,280
2022 $52,018 $4,181,586 $3,216,605 $964,981
2021 $50,496 $4,099,595 $3,153,535 $946,060
2019 $49,246 $3,978,000 $3,060,000 $918,000
2018 $46,883 $3,900,000 $3,000,000 $900,000
2016 $37,652 $3,075,537 $2,071,069 $1,004,468
2015 $37,175 $3,029,340 $2,039,960 $989,380
2014 $36,644 $2,970,000 $2,000,000 $970,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-189758

The MLS

APN: 4470-017-051