NOT LISTED FOR SALE

31662 Broad Beach Rd Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $4,369,000 - $4,954,901

3 Beds
2.5 Baths
2,850 Sq Ft
$1,611/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2016

Last sale price $2,882,150 $1,011 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $28,677 / mo

193 Days on Market

Highlights

  • White Water Ocean Views
  • Art Studio
  • Contemporary Architecture
  • Malibu Elementary School Rated A
  • Atrium Room
  • Living Room with Fireplace

About This Home

As of June 2016

VIEWSVIEWSVIEWS! Incredible Location! Getaway to this Gated Bungalow on the Broad Beach Bluffs with whitewater views and access to one of Malibu's most hidden treasures, the beaches of Broad Beach. Close to Starbucks and the new Trancas Center. The large ocean view living room/dining room & kitchen with high beam ceiling and Oak floor open up to a outdoor deck for relaxing and watching the waves. Master suite upstairs with two bedrooms downstairs. Home includes Additional guest apt with a two car garage. Spacious Gates. Lots of potential and priced to sell! Buyer to verify and satisfy self to all permits and square footage before close of escrow. IMPORTANT: Refer to private remarks.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 11/20/2015

Compass

Last Buyer's Agent

Sarah Ribnick

Coldwell Banker Realty License #01834461

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 5,747 Sq Ft Lot
  • Property is zoned LCR1*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Art Studio
  • Atrium Room
  • White Water Ocean Views
  • Laundry in Garage
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Walk-In Closet

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Open Patio
  • Fireplace in Guest House

Listing and Financial Details

  • Assessor Parcel Number 4470-024-052

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

5,747 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2850
  • Stories: 2
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Guest House, Living Room
  • Flooring: Brick, Carpet, Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 1122.81

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Garage, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4470-024-052
  • Geocode Override: No
  • Lot Size Area: 5747

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
Jun 3, 2016
Sold by
Bought by
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Sarah Ribnick
Coldwell Banker Realty
List Price
$3,200,000
Sold Price
$2,882,150
Premium/Discount to List
-$317,850
-9.93%
Current Estimated Value
$4,591,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,709,075
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Feb 21, 2002
Sold by
Bought by

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
0.068%

Purchase Details

Closed on
Mar 11, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
0.0706%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,882,500 Usa National Title Inc
-- United Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,850,000
Closed $320,000
Closed $1,999,999
Previous Owner $110,000
Previous Owner $500,000
Previous Owner $535,000
Previous Owner $380,000
Previous Owner $50,000
Previous Owner $200,000
Previous Owner $200,000
Previous Owner $80,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $2,882,150 -9.9% $1,011 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $3,200,000 0.0% $1,123 / Sq Ft
01/20/2016 01/20/16 Price Changed $3,200,000 +11.0% $1,123 / Sq Ft
12/31/2015 12/31/15 Off Market $2,882,150 -- --
11/20/2015 11/20/15 For Sale $3,495,000 -- $1,226 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $44,792 $3,412,881 $2,367,592 $1,045,289
2024 $41,615 $3,345,963 $2,321,169 $1,024,794
2023 $40,768 $3,280,356 $2,275,656 $1,004,700
2022 $40,361 $3,216,036 $2,231,036 $985,000
2021 $39,406 $3,152,978 $2,187,291 $965,687
2019 $38,664 $3,059,462 $2,122,416 $937,046
2018 $36,859 $2,999,473 $2,080,800 $918,673
2016 $6,048 $275,116 $132,529 $142,587
2015 $6,008 $270,985 $130,539 $140,446
2014 $5,906 $265,677 $127,982 $137,695
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2016

    Chris Cortazzo

    Compass

    (310) 489-7091

    21 in this area

    197 Total Sales

    Chris Cortazzo
    Section Image
  • Sarah Ribnick

    Buyer's Agent in 2016

    Sarah Ribnick

    Coldwell Banker Realty

    (424) 235-0143

    4 Total Sales

    Sarah Ribnick
    Section Image
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Map

Source: The MLS

MLS Number: 15-960687

The MLS

APN: 4470-024-052

California Los Angeles County Malibu 90265 Encinal Bluffs

31662 Broad Beach Rd, Malibu, CA

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