NOT LISTED FOR SALE

Estimated Value: $6,150,000 - $6,882,000

4 Beds
4 Baths
2,332 Sq Ft
$2,753/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $5,087,500 $2,182 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $40,293/month

82 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Gourmet Kitchen
  • Malibu Elementary School Rated A
  • Heated Spa
  • Open Floorplan

About This Home

As of February 2023

This beautifully detailed 4 BD, 4BA craftsman, located on Broad Beach Road offers wonderful ocean and mountain views. With easy access to Lechuza Beach through Sea Level drive, spend your evenings enjoying one of Malibu's finest sandy beaches. Private, light & open, and designed for entertaining there is a sizable backyard and deck. With french doors throughout, the home lends itself to the perfect California indoor/outdoor experience. A large warm and inviting living room includes a fireplace. The gourmet kitchen offers cherry-wood custom cabinetry, Carrara marble countertops, and top-of-the-line stainless steel appliances. There are dramatic ocean views from the second-story primary bedroom where one can find a beautifully finished fireplace and hardwood floors. The primary suite opens to a wonderful ocean-view deck that wraps around the upstairs sleeping quarters. Beautifully landscaped, the outdoor patios include a large spa, a hot shower, and a large fireplace. There is also a Tesla charging station in the garage.

Last Agent to Sell the Property

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 11/30/2022

Co-Listed By

Cormac O'Herlihy

Sotheby's International Realty License #00787980

Last Buyer's Agent

Alex Hoerner

Berkshire Hathaway HomeServices California Properties License #02075041

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,678

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 5,684 Sq Ft Lot
  • Lot Dimensions are 75x79
  • Gated Home
  • Wrought Iron Fence
  • Landscaped
  • Back and Front Yard
  • Property is zoned LCR1*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Property Views

  • Ocean
  • Mountain

Home Design

  • Craftsman Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • French Doors
  • Living Room with Fireplace
  • 3 Fireplaces
  • Living Room with Attached Deck
  • Dining Area
  • Den

Kitchen

  • Gourmet Kitchen
  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Beach Access
  • Balcony
  • Open Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-017-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,678

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2332
  • Lot Acreage: 0.1305
  • Lot Dimensions: 75x79
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1972
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Detached/No Common Walls, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Hot Tub, Recessed Lighting, Turnkey
  • Fireplace Rooms: Living Room, Master Bedroom, Fire Pit, Gas and Wood
  • Flooring: Stone Tile, Hardwood
  • Appliances: Microwave, Oven, Range, Range Hood, Convection Oven, Gas
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Marble Counters, Gourmet Kitchen
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Barbeque, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Alarm System, Hood Fan, Garbage Disposal, Microwave, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 2270.58

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, French Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Wrought Iron
  • Patio: Deck(s), Living Room Deck Attached, Wood, Balcony, Patio Open
  • Pool: No
  • Spa: Above Ground, Heated, Private
  • Spa Yn: Yes
  • View: Water, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Attached, Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Volt 220: In Garage
  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central, Fireplace
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Gated
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-017-039
  • Lot Description: Back Yard, Front Yard, Yard, Sidewalks, Landscaped
  • Lot Location: Beach Access
  • Lot Size Area: 5684

Rental Info

  • Furnished: Furnished Or Unfurnished

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Feb 22, 2023
Sold by
Hold On Properties Llc
Bought by
Robert Marin And Celeste De Schulthess Marin
Seller's Agent
Wailani O'Herlihy
Sotheby's International Realty
Buyer's Agent
Alex Hoerner
Berkshire Hathaway HomeServices California Properties
List Price
$5,495,000
Sold Price
$5,087,500
Premium/Discount to List
-$407,500
-7.42%
Views
351
Current Estimated Value
$6,421,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333,546
Avg. Annual Appreciation
3.97%

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 13, 2021
Sold by
Minkow Brian and Minkow Martha
Bought by
Hold On Properties Llc
Seller's Agent
Alec Minkow
Minkow Realty Inc
List Price
$4,699,999
Sold Price
$4,620,000
Premium/Discount to List
-$79,999
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jul 10, 2020
Sold by
Newman Sonny Lee and Newman Kelli Rae
Bought by
Minkow Brian and Minkow Martha
Seller's Agent
Andrew Stern
Coldwell Banker Realty
Buyer's Agent
Alec Minkow
List Price
$3,395,000
Sold Price
$3,165,000
Premium/Discount to List
-$230,000
-6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.89%
Original Mortgage
$2,373,750
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2013
Closed on
Oct 18, 2013
Sold by
Laski Richard J
Bought by
Newman Sonny Lee and Newman Kelli Rae
Seller's Agent
Andrew Stern
Coldwell Banker Realty
Buyer's Agent
Andrew Stern
Coldwell Banker Realty
List Price
$2,695,000
Sold Price
$2,577,261
Premium/Discount to List
-$117,739
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$1,500,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 1998
Sold by
31544 Broadbeach Road Ltd
Bought by
Kamen Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1996
Sold by
Paeth Stanley C
Bought by
31544 Broadbeach Road Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
8.25%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Mcintosh Elinor R and Mcintosh Elinor
Bought by
Mcintosh Elinor

Purchase Details

Closed on
Oct 7, 1992
Sold by
Mcintosh Elinor R and Mcintosh Bradley V
Bought by
Mcintosh Elinor R
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
Robert Marin And Celeste De Schulthess Marin $5,087,500 Lawyers Title
Hold On Properties Llc $4,620,000 Western Resources Title
Minkow Brian $3,165,000 Western Resources Title
Newman Sonny Lee $2,577,500 Equity Title Company
Kamen Michael J -- North American Title Co
Kamen Michael J -- North American Title Co
31544 Broadbeach Road Ltd -- Commonwealth Land Title Co
Mcintosh Elinor -- --
Mcintosh Elinor R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minkow Brian $2,373,750
Previous Owner Newman Sonny Lee $1,489,000
Previous Owner Newman Sonny Lee $1,500,000
Previous Owner Kamen Michael J $0
Previous Owner Kamen Michael J $500,000
Previous Owner Kamen Michael J $1,000,000
Previous Owner Kamen Michael J $210,000
Previous Owner Kamen Michael J $192,500
Previous Owner Kamen Michael J $1,000,000
Previous Owner Kamen Michael J $840,000
Previous Owner Kamen Michael J $731,250
Previous Owner 31544 Broadbeach Road Ltd $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $5,087,500 -3.9% $2,182 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
01/26/2023 01/26/23 Price Changed $5,295,000 -3.6% $2,271 / Sq Ft
11/30/2022 11/30/22 For Sale $5,495,000 0.0% $2,356 / Sq Ft
12/07/2021 12/07/21 Rented $19,500 -7.1% --
11/08/2021 11/08/21 For Rent $21,000 0.0% --
08/16/2021 08/16/21 Sold $4,620,000 -1.7% $2,087 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $4,699,999 +48.5% $2,123 / Sq Ft
08/07/2020 08/07/20 Sold $3,165,000 -5.4% $1,430 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $3,345,000 -1.5% $1,511 / Sq Ft
10/11/2019 10/11/19 For Sale $3,395,000 +31.7% $1,533 / Sq Ft
11/04/2013 11/04/13 Sold $2,577,261 -4.4% $1,164 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $2,695,000 -- $1,217 / 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 $63,678 $5,293,035 $4,234,428 $1,058,607
2024 $63,678 $5,189,250 $4,151,400 $1,037,850
2023 $58,076 $4,712,400 $3,774,000 $938,400
2022 $57,026 $4,620,000 $3,700,000 $920,000
2021 $39,689 $3,165,000 $2,500,000 $665,000
2020 $36,339 $2,888,542 $1,767,649 $1,120,893
2019 $35,863 $2,831,905 $1,732,990 $1,098,915
2018 $34,165 $2,776,378 $1,699,010 $1,077,368
2016 $33,008 $2,668,571 $1,633,037 $1,035,534
2015 $32,593 $2,628,488 $1,608,508 $1,019,980
2014 $32,134 $2,577,000 $1,577,000 $1,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-222051

The MLS

APN: 4470-017-039