NOT LISTED FOR SALE

Estimated Value: $3,687,000 - $4,737,000

3 Beds
3 Baths
2,185 Sq Ft
$1,870/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $2,445,000 $1,119 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $24,784/month

184 Days on Market

Highlights

  • Ocean View
  • Post and Beam
  • Loft
  • Malibu Elementary School Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of October 2016

Enjoy Malibu's seaside lifestyle in this fully fenced & gated, completely updated home directly opposite Sea Level Beach access in the exclusive Broad Beach neighborhood. The neighborhood and ambience are outstanding and unparalleled. The beach is magnificent with rocky coves and broad sand stretches, dolphins, and gorgeous rock formations. The excellent post and beam architecture provides beautiful high ceilings and a terrific, large loft. The entire 3 BR 3BA home is light filled, airy and well appointed, with a well-planned, privacy enhancing layout which features one bedroom and bath downstairs, with master suite and additional bedroom and bath upstairs. This lovingly and meticulously maintained master-crafted home provides a rare opportunity to live the coveted ocean dream in one of Malibu's premier neighborhoods.

Last Agent to Sell the Property

Andrew Stern

Coldwell Banker Realty License #01434460 Listed on: 02/22/2016

Coldwell Banker Realty

Last Buyer's Agent

John Lucy

Keller Williams Hollywood Hills License #00999877

Keller Williams Hollywood Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,762

Year Built

  • Built in 1972

Lot Details

  • 5,015 Sq Ft Lot
  • Gated Home
  • Property is zoned LCR1*

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Post and Beam

Interior Spaces

  • 2,185 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Wood Flooring
  • Ocean Views
  • Alarm System
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4470-025-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,762

Year Built

Built in 1972

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Post & Beam
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2185
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1972
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1139.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 480.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4470-025-034
  • Geocode Override: No
  • Lot Size Area: 5015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2020
Sold by
Panay Andrew G
Bought by
Panay Andrew and Panay 2020 Revocable Trust
Current Estimated Value
$4,085,224

Purchase Details

Listed on
Feb 22, 2016
Closed on
Sep 21, 2016
Sold by
Rochambeau Realty Holdings Llc
Bought by
Panay Andrew G
Seller's Agent
Andrew Stern
Coldwell Banker Realty
Buyer's Agent
John Lucy
Keller Williams Hollywood Hills
List Price
$2,495,000
Sold Price
$2,445,000
Premium/Discount to List
-$50,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,956,000
Outstanding Balance
$1,549,183
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,922,737

Purchase Details

Listed on
May 17, 2013
Closed on
Feb 21, 2014
Sold by
Loo Mona B and Mona B Loo Trust
Bought by
Rochambeau Realty Holdings Llc
Seller's Agent
Gail Lowe
Coldwell Banker Realty
Buyer's Agent
Andrew Stern
Coldwell Banker Realty
List Price
$2,200,000
Sold Price
$1,870,000
Premium/Discount to List
-$330,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$1,309,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2011
Sold by
Loo Mona B
Bought by
Loo Mona B and The Mona B Loo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2007
Sold by
Loo Mona B and Mona B Loo Trust
Bought by
Loo Mona B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 1999
Sold by
Loo Mona Beth
Bought by
Loo Mona B and Mona B Loo Trust

Purchase Details

Closed on
Nov 4, 1997
Sold by
Vanputten Florence M and The Vanputten Family Trust
Bought by
Loo Mona Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.31%

Purchase Details

Closed on
Oct 17, 1997
Sold by
Vanputten Florence M
Bought by
Vanputten Florence M and The Vanputten Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.31%

Purchase Details

Closed on
May 23, 1997
Sold by
Vanputten Florence M and Vanputten Family Trust
Bought by
Vanputten Florence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
10.3%
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
Panay Andrew -- None Available
Panay Andrew G $2,445,000 Equity Title Company
Rochambeau Realty Holdings Llc $1,870,000 Equity Title Los Angeles
Loo Mona B -- Advantage Title Inc
Loo Mona B -- Ticor Title Co Brea Branch
Loo Mona B -- --
Loo Mona Beth $640,000 First American Title Co
Vanputten Florence M -- First American Title Ins Co
Vanputten Florence M -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panay Andrew G $1,956,000
Previous Owner Rochambeau Realty Holdings Llc $1,300,000
Previous Owner Rochambeau Realty Holdings Llc $1,309,000
Previous Owner Loo Mona B $698,000
Previous Owner Loo Mona B $500,000
Previous Owner Loo Mona B $558,000
Previous Owner Loo Mona B $376,000
Previous Owner Loo Mona B $390,000
Previous Owner Loo Mona B $250,000
Previous Owner Loo Mona B $141,000
Previous Owner Loo Mona Beth $416,000
Previous Owner Vanputten Florence M $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2016 10/18/16 Sold $2,445,000 -1.8% $1,119 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
05/13/2016 05/13/16 Price Changed $2,490,000 -0.2% $1,140 / Sq Ft
02/22/2016 02/22/16 For Sale $2,495,000 +33.4% $1,142 / Sq Ft
03/18/2014 03/18/14 Sold $1,870,000 -1.3% $856 / Sq Ft
01/30/2014 01/30/14 Price Changed $1,895,000 -5.2% $867 / Sq Ft
12/23/2013 12/23/13 Price Changed $1,999,500 -4.8% $915 / Sq Ft
11/12/2013 11/12/13 Price Changed $2,100,000 -4.5% $961 / Sq Ft
05/17/2013 05/17/13 For Sale $2,200,000 0.0% $1,007 / Sq Ft
01/20/2012 01/20/12 Rented $5,650 -2.6% --
01/20/2012 01/20/12 Under Contract -- -- --
10/24/2011 10/24/11 For Rent $5,800 -- --
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 $32,762 $2,837,625 $1,851,596 $986,029
2024 $32,762 $2,781,987 $1,815,291 $966,696
2023 $32,077 $2,727,440 $1,779,698 $947,742
2022 $31,700 $2,673,961 $1,744,802 $929,159
2021 $30,947 $2,621,532 $1,710,591 $910,941
2019 $30,342 $2,543,777 $1,659,854 $883,923
2018 $28,811 $2,493,900 $1,627,308 $866,592
2016 $22,550 $1,936,448 $1,242,641 $693,807
2015 $22,246 $1,907,362 $1,223,976 $683,386
2014 $10,036 $833,634 $442,867 $390,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-983805

The MLS

APN: 4470-025-034