$5,720,000
SOLD SEP 23, 2014
3 Beds
3 Baths
4,456 Sq Ft
5,450 Sq Ft Lot

Recently Sold

$1,284 Per Sq Ft

4% Below List Price

76 Days on Market

Highlights

  • White Water Ocean Views
  • Fireplace in Primary Bedroom
  • Breakfast Area or Nook
  • Malibu Elementary School Rated A
  • Home Office
  • Direct Access Garage

About This Home

As of September 2024

Views! Views! Views! A Spectacular, Gated and Ocean View Architectural home located on a Bluff in the prestigious Broad Beach area. Entertain on the large outdoor patios while enjoying the sounds of the waves and sandy beaches. This home has terrific floor plan with high ceilings and offers endless ocean views. 3 bedroom 3.5 bath offers an office / 4th bedroom with its own entrance. Incredible Ocean View Master suite with fireplace, large closet and private balcony has a sitting room/office with ocean views. Just a short distance to the Starbucks and many other wonderful restaurants and shops at the new Trancas area. A second story addition was built in 1983.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 07/09/2014

Compass

Co-Listed By

Susan Saul

Compass License #01281126

Last Buyer's Agent

Irene Dazzan

The Agency License #00597226

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,086

Lot Details

  • 5,450 Sq Ft Lot
  • Property is zoned LCR1*

Parking

  • Direct Access Garage

Interior Spaces

  • 4,456 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Library
  • White Water Ocean Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 3 Full Bathrooms

Additional Features

  • Open Patio
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4470-024-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$122,086

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 4456
  • Stories: 2
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Mixed, Stone
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 1335.28

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Garage - 1 Car

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4470-024-032
  • Geocode Override: No
  • Lot Size Area: 5450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Aug 15, 2024
Sold by
Dart Ii Llc
Bought by
Menci Properties Llc and Armon Enterprises Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Poupee Komenkul
Rodeo Realty
List Price
$12,500,000
Sold Price
$10,025,000
Premium/Discount to List
-$2,475,000
-19.8%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.33%
Original Mortgage
$5,550,000
Outstanding Balance
$5,499,507
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$3,255,084

Purchase Details

Closed on
Nov 16, 2021
Sold by
Rose and Tiffany
Bought by
Rose Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.98%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 5, 2016
Sold by
Rose Jonathan C
Bought by
The Rose Family Revocable Trust Ua

Purchase Details

Listed on
Jul 9, 2014
Closed on
Sep 9, 2014
Sold by
Frost Gerald P
Bought by
Rose Jonathan and Rose Tiffany
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Irene Dazzan
The Agency
List Price
$5,950,000
Sold Price
$5,720,000
Premium/Discount to List
-$230,000
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$3,295,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 21, 2005
Sold by
Frost Gerald P
Bought by
Frost Gerald P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2000
Sold by
Frost Gerald P
Bought by
Frost Gerald P

Purchase Details

Closed on
Jan 23, 1998
Sold by
Frost Vivienne Lee
Bought by
Frost Gerald P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $10,025,000 Consumers Title Company
Grant Deed -- Nextitle
Interfamily Deed Transfer -- Nextitle
Interfamily Deed Transfer -- None Available
Grant Deed -- Equity Title
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,550,000 New Conventional
Previous Owner $250,000 Construction
Previous Owner $4,500,000 New Conventional
Previous Owner $285,000 Commercial
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $3,295,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $1,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Price Changed $49,000 +8.9% $11 / Sq Ft
11/11/2024 11/11/24 Price Changed $45,000 -9.1% $10 / Sq Ft
10/07/2024 10/07/24 Price Changed $49,500 +10.0% $11 / Sq Ft
10/07/2024 10/07/24 For Rent $45,000 0.0% --
09/30/2024 09/30/24 Sold $10,025,000 -19.8% $2,250 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $12,500,000 0.0% $2,805 / Sq Ft
06/16/2020 06/16/20 Rented $26,500 0.0% --
06/05/2020 06/05/20 For Rent $26,500 0.0% --
09/23/2014 09/23/14 Sold $5,720,000 0.0% $1,284 / Sq Ft
07/30/2014 07/30/14 Off Market $5,720,000 -- --
07/09/2014 07/09/14 For Sale $5,950,000 -- $1,335 / 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
2024 $122,086 $10,372,788 $8,323,200 $2,049,588
2023 $119,797 $10,169,400 $8,160,000 $2,009,400
2022 $77,833 $6,455,420 $5,322,892 $1,132,528
2021 $76,004 $6,328,844 $5,218,522 $1,110,322
2019 $74,555 $6,141,130 $5,063,739 $1,077,391
2018 $70,969 $6,020,716 $4,964,450 $1,056,266
2016 $68,466 $5,786,925 $4,771,675 $1,015,250
2015 $67,589 $5,700,000 $4,700,000 $1,000,000
2014 $8,911 $529,489 $271,043 $258,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-776139

The MLS

APN: 4470-024-032