NOT LISTED FOR SALE

31585 Broad Beach Rd Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $2,495,000 - $4,202,000

2 Beds
2 Baths
753 Sq Ft
$4,400/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $1,550,000 $2,058 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $17,568/month

23 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Open Patio
  • Malibu Elementary School Rated A
  • No HOA
  • Laundry closet

About This Home

As of April 2019

Charming 2 bedroom, 2 bath ranch style home. Updated and accessible with room to expand. It's a comfortable cottage with vaulted ceiling and fireplace, and affords the best of beach living at the lowest price on Broad Beach. Large, grassy and inviting fenced yard and garden. Sea Level Beach access is across the street. Enjoy the gorgeous surf, dry sand, secluded coves and striking rock formations. The garage has been converted to a second bedroom. Buyer to verify if the conversion was permitted.

Last Agent to Sell the Property

Andrew Stern

Coldwell Banker Realty License #01434460 Listed on: 03/04/2019

Coldwell Banker Realty

Last Buyer's Agent

Rey DeLa Cruz

License #01052252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,242

Year Built

  • Built in 1971

Lot Details

  • 7,833 Sq Ft Lot
  • Property is zoned LCR17500*

Parking

  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Open Patio
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-018-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,242

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1971
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Sewer: Septic Tank
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-018-010
  • Geocode Override: No
  • Lot Size Area: 7833

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Mar 27, 2019
Sold by
Tucker Charles K and Beck Samanthe A
Bought by
Grundman Bernard L and Grundman Claire Chene
Seller's Agent
Andrew Stern
Coldwell Banker Realty
Buyer's Agent
Rey DeLa Cruz
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
Current Estimated Value
$2,900,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,350,518
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Jun 17, 2003
Sold by
Richards Gary Raymond and Lucci Richards Renee Anne
Bought by
Tucker Charles K and Beck Samanthe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Sold by
Pritchett Jerry E and Pritchett Patricia D
Bought by
Richards Gary Raymond and Lucci Richards Renee Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
5.4%

Purchase Details

Closed on
Aug 17, 2001
Sold by
Macleod Gayle Pritchett and Pritchett Jack M
Bought by
Pritchett Jerry E and Pritchett Patricia D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Grundman Bernard L $1,550,000 Equity Title Los Angeles
Grundman Paul Lawrence -- Equity Title Los Angeles
Tucker Charles K $930,000 First American Title Co
Richards Gary Raymond $790,000 --
Pritchett Jerry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucker Charles K $542,000
Previous Owner Tucker Charles K $367,604
Previous Owner Tucker Charles K $650,000
Previous Owner Richards Gary Raymond $632,000
Closed Tucker Charles K $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2019 04/03/19 Sold $1,550,000 -2.8% $2,058 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $1,595,000 -- $2,118 / 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 $20,242 $1,729,050 $1,617,500 $111,550
2024 $20,242 $1,695,148 $1,585,785 $109,363
2023 $19,779 $1,661,911 $1,554,692 $107,219
2022 $19,541 $1,629,325 $1,524,208 $105,117
2021 $19,076 $1,597,378 $1,494,322 $103,056
2019 $4,113 $1,185,327 $1,083,370 $101,957
2018 $13,641 $1,162,086 $1,062,128 $99,958
2016 $13,142 $1,116,963 $1,020,885 $96,078
2015 $12,963 $1,100,186 $1,005,551 $94,635
2014 $12,779 $1,078,636 $985,854 $92,782
Source: Public Records

Agents Affiliated with this Home

  • Andrew Stern

    Seller's Agent in 2019

    Andrew Stern

    Coldwell Banker Realty

    (310) 804-1913

    2 in this area

    3 Total Sales

    Section Image

  • R

    Buyer's Agent in 2019

    Rey DeLa Cruz

  • T

    Buyer's Agent in 2019

    Timothy Fletcher

See All Agents

Map

Source: The MLS

MLS Number: 19-440120

The MLS

APN: 4470-018-010

California Los Angeles County Malibu 90265 Encinal Bluffs

31585 Broad Beach Rd, Malibu, CA

This home is located at 31585 Broad Beach Rd, Malibu, CA 90265 since 04 March 2019 and is currently estimated at $3,312,872, approximately $4,399 per square foot. This property was built in 1971. 31585 Broad Beach Rd is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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