NOT LISTED FOR SALE

Estimated Value: $4,965,000 - $8,378,000

4 Beds
3.5 Baths
4,774 Sq Ft
$1,252/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $4,750,000 $995 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $34,901/month

Highlights

  • White Water Ocean Views
  • Dance Studio
  • Gated Community
  • Malibu Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of October 2015

Sparkling Architectural retreat situated on a gated street just 15 seconds from the sand. Walls of glass optimize the spectacular ocean views and fill the living areas with light. 4 Bedrooms (3 with ocean views), and inviting decks maximize this beach home experience. Galss walled elevator, office and large playroom are among the wonderful features of this perfect "California Dreaming" summer rental. Excellent credit a must. Property is also for sale at $4,999,999.

Last Agent to Rent the Property

Kim Pfeiffer

Compass License #01047570 Listed on: 06/08/2015

Compass

Last Renter's Agent

Kim Pfeiffer

Compass License #01047570 Listed on: 06/08/2015

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 2,910 Sq Ft Lot
  • Gated Home
  • Property is zoned LCR1*

Property Views

  • White Water Ocean
  • Coastline
  • Mountain
  • Park or Greenbelt

Home Design

  • Stucco

Interior Spaces

  • 4,774 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Coffered Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Bonus Room
  • Dance Studio
  • Alarm System

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Sunken Shower or Bathtub
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Auto Driveway Gate
  • Driveway

Outdoor Features

  • Living Room Balcony

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Listing and Financial Details

  • Security Deposit $50,000
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • Seasonal Lease Term
  • Assessor Parcel Number 4470-026-020

Community Details

Amenities

  • Billiard Room

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 50000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: MEHOA
  • Entry Location: Ground Level w/steps
  • Lease Terms: Season
  • Living Area: 4774
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, Coffered Ceiling(s), Furnished, Living Room Balcony, Mirrored Closet Door(s), Open Floor Plan, Recessed Lighting
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Travertine
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Main Floor Bedroom, Master Bedroom, Master Retreat, Master Suite
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath, Shower and Tub, Shower Over Tub, Shower Stall, Sunken Tub, Travertine
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 6.28

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Pool: No
  • View: Coastline, Green Belt, Mountains, Ocean, Water, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Driveway, Driveway Gate, Garage - 1 Car, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Combination, Forced Air, Wall Electric
  • Security: Automatic Gate, Gated
  • Sewer: Septic Tank

Association/Amenities

  • Amenities: Controlled Access, Gated Community

Lot Info

  • Special Zoning: Coastal Commission, Special Study
  • Assessor Parcel Number: 4470-026-020
  • Geocode Override: No
  • Lot Size Area: 2910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 30, 2015
Sold by
Feldstein Richard and Feldstein Sharon
Bought by
Barry & Diane Woods Family Trust
Seller's Agent
Kim Pfeiffer
Compass
Buyer's Agent
Gus Ruelas
List Price
$4,999,999
Sold Price
$4,750,000
Premium/Discount to List
-$249,999
-5%
Current Estimated Value
$5,977,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,227,735
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Morgan John A and Morgan Sherry Ann
Bought by
Feldstein Richard and Feldstein Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 2004
Sold by
Macintyre Michael
Bought by
Morgan John A and Morgan Sherry Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2000
Sold by
Radell David Co Tr Radell Family Trust
Bought by
Macintyre Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barry & Diane Woods Family Trust $4,750,000 Equity Title
Feldstein Richard $3,600,000 Equity Title Los Angeles
Morgan John A $2,812,000 First American Title Company
Macintyre Michael $1,700,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldstein Richard $2,520,000
Previous Owner Morgan John A $1,500,000
Previous Owner Macintyre Michael $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2015 10/16/15 Rented $30,000 0.0% --
08/26/2015 08/26/15 Sold $4,750,000 0.0% -- View Prior Sale
06/08/2015 06/08/15 For Rent $30,000 0.0% --
05/01/2015 05/01/15 For Sale $4,999,999 -- --
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 $43,731 $3,847,336 $2,959,491 $887,845
2024 $43,731 $3,771,899 $2,901,462 $870,437
2023 $42,942 $3,697,941 $2,844,571 $853,370
2022 $42,443 $3,625,434 $2,788,796 $836,638
2021 $41,455 $3,554,348 $2,734,114 $820,234
2019 $40,645 $3,448,926 $2,653,020 $795,906
2018 $38,606 $3,381,300 $2,601,000 $780,300
2016 $40,493 $3,250,000 $2,500,000 $750,000
2015 $42,347 $3,688,597 $2,868,909 $819,688
2014 $41,696 $3,616,344 $2,812,712 $803,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-912789

The MLS

APN: 4470-026-020