$6,275,000
SOLD FEB 18, 2021
4 Beds
5 Baths
3,558 Sq Ft
5,488 Sq Ft Lot

Recently Sold

$1,764 Per Sq Ft

3% Below List Price

241 Days on Market

Highlights

  • Ocean Front
  • Detached Guest House
  • Spa
  • Malibu Elementary School Rated A
  • Home Theater
  • Gourmet Kitchen

About This Home

As of February 2021

Beautiful beach bluff three-story Cape Cod-style home, with a large detached en-suite guesthouse, sits above Sea Level beach & offers breathtaking Catalina & sunset panoramic ocean views. This private/gated Broad Beach jewel w/courtyard, covered entry & wood floors throughout offers a main level ocean view living room w/fireplace, high wood beam ceilings & a wall of glass windows and sliders to an entertainers/viewing deck, a formal ocean view dining room & an ocean view chef's kitchen with marble counters and breakfast/lunch dining area. The top level includes a sun-filled, ocean view owner's suite w/high ceilings and a luxurious bath with a pedestal tub & triple head glass shower, plus a generous en-suite bedroom. The lower level has an ocean view great room, w/glass shower bath, that's perfect as a media/recreation room, and glass sliders to a 2nd expansive entertainers deck w/access from the main level deck, spa tub, and endless ocean views. There is a 2-car garage w/guest parking.

Last Agent to Sell the Property

Lori Hashman Berris

Sotheby's International Realty License #00962605 Listed on: 06/02/2020

Sotheby's International Realty

Last Buyer's Agent

Clara Yang

Sotheby's International Realty License #01201082

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,560

Year Built

  • Built in 1981

Lot Details

  • 5,488 Sq Ft Lot
  • Ocean Front
  • Gated Home
  • Property is zoned LCR1*

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces

Property Views

  • White Water Ocean
  • City Lights

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Slate Roof

Interior Spaces

  • 3,558 Sq Ft Home
  • 3-Story Property
  • Bar
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Home Theater
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Freezer
  • Dishwasher
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • <<tubWithShowerToken>>

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Covered patio or porch

Additional Homes

  • Detached Guest House

Utilities

  • Zoned Heating and Cooling
  • Radiant Heating System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-024-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,560

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3558
  • Lot Acreage: 0.1300
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1981
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Detached/No Common Walls, Hot Tub, Living Room Balcony, Turnkey
  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Appliances: Oven, Range, Range Hood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, Main Floor Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Shower Over Tub
  • Three Quarter Bathrooms: 3
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Gourmet Kitchen, Marble Counters
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Washer, Dishwasher, Freezer, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 1826.59

Exterior Features

  • Other Features: Balcony
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Balcony, Covered, Deck(s), Living Room Deck Attached, Patio Open
  • Pool: No
  • Roof: Slate
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: City Lights, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Detached
  • Total Parking: 5

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Radiant
  • Security: Gated
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4470-024-053
  • Geocode Override: No
  • Lot Description: Fenced
  • Lot Size Area: 5488

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jan 4, 2021
Sold by
Rudes Gct Investments
Bought by
Dillard Robert W and Dillard Krista D
Seller's Agent
Lori Hashman Berris
Sotheby's International Realty
Buyer's Agent
Clara Yang
Sotheby's International Realty
List Price
$6,499,000
Sold Price
$6,275,000
Premium/Discount to List
-$224,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$4,392,500
Outstanding Balance
$3,935,144
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$4,966,967

Purchase Details

Closed on
Mar 10, 2010
Sold by
Rudes Kenneth
Bought by
Rudes Gct Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2010
Sold by
Rudes Leslie
Bought by
Rudes Gct Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2010
Sold by
Sandel Lisa
Bought by
Rudes Gct Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2008
Sold by
Grushow Barbara and Grushow Sandy
Bought by
Llk Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,240,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Gardener Jack L and Gardener Dorothy P
Bought by
Grushow Barbara and Grushow Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,188,866
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1996
Sold by
Gardener Jack L and Gardener Dorothy P
Bought by
Gardener Jack L and Gardener Dorothy 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 $6,275,000 Lawyers Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed $5,500,000 Fidelity National Title Co
Grant Deed $3,367,500 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,392,500 New Conventional
Previous Owner $2,000,000 Unknown
Previous Owner $2,000,000 Purchase Money Mortgage
Previous Owner $2,000,000 Purchase Money Mortgage
Previous Owner $2,000,000 Purchase Money Mortgage
Previous Owner $3,240,000 Purchase Money Mortgage
Previous Owner $2,188,866 Purchase Money Mortgage
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 For Sale $8,998,000 +43.4% $2,529 / Sq Ft
02/18/2021 02/18/21 Sold $6,275,000 -3.4% $1,764 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
06/02/2020 06/02/20 For Sale $6,499,000 0.0% $1,827 / Sq Ft
04/23/2013 04/23/13 Rented $10,000 -60.0% --
04/23/2013 04/23/13 Under Contract -- -- --
06/15/2012 06/15/12 For Rent $25,000 -- --
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 $79,560 $6,659,079 $4,987,677 $1,671,402
2023 $78,033 $6,528,510 $4,889,880 $1,638,630
2022 $77,209 $6,400,500 $4,794,000 $1,606,500
2021 $78,672 $6,558,870 $4,770,090 $1,788,780
2020 $78,280 $6,491,618 $4,721,179 $1,770,439
2019 $77,175 $6,364,332 $4,628,607 $1,735,725
2018 $73,441 $6,239,542 $4,537,850 $1,701,692
2016 $70,873 $5,997,255 $4,361,641 $1,635,614
2015 $69,964 $5,907,172 $4,296,126 $1,611,046
2014 $68,849 $5,791,459 $4,211,971 $1,579,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-585600

The MLS

APN: 4470-024-053