NOT LISTED FOR SALE

31844 Seafield Dr Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $4,482,000 - $5,651,000

3 Beds
3 Baths
3,000 Sq Ft
$1,661/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $2,770,000 $923 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $29,257/month

Highlights

  • Ocean View
  • Beach Access
  • Cape Cod Architecture
  • Malibu Elementary School Rated A
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of December 2024

Located on a quiet lane at the end of prestigious Broad Beach Rd. this beautifully remodeled Cape Cod style home is the perfect place to embrace the Malibu Lifestyle. The home is open and light with high vaulted ceilings, hardwood floors, and gorgeous ocean and mountain views. There is a luxurious and comfortable living room that opens out to a spacious sun drenched deck - perfect for entertaining or relaxing. A gourmet kitchen with center island, custom cabinets and high-end appliances. An adjacent breakfast and dining area. Sumptuous primary suite with large walk-in closet and a spa like bathroom that includes an opulent soaking tub. Two very comfortable guest rooms, designer furnishings, a swim spa pool/hot tub with its own sun deck, indoor laundry room and two car garage. All gated and secure with a private key and steps down to sandy Lechusa Beach below. ALSO AVAILABLE FOR SUMMER/SEASONAL LEASE FOR INCREDIBLE RATE OF ONLY $24,000 PER MONTH.

Last Agent to Rent the Property

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 06/07/2024

Westside Estate Agency-Malibu

Co-Listed By

Matthew Gruskin

Westside Estate Agency-Malibu License #02152341

Last Renter's Agent

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 06/07/2024

Westside Estate Agency-Malibu

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 5,660 Sq Ft Lot
  • Gated Home
  • Property is zoned LCR1*

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Exercise
  • Heated Spa

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Septic Tank

Community Details

  • Community Pool
  • Community Spa

Listing and Financial Details

  • Security Deposit $23,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water, pool service
  • Negotiable Lease Term
  • Assessor Parcel Number 4470-026-007

Home Details

Home Type

Single Family

Year Built

Built in 1993 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Rent Excludes: Guest apartment with completely separate entrance
  • Security Deposit: 23000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water, Pool Service

Listing Details

  • Property Type: Residential Lease
  • Style: Cape Cod
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Located on a quiet lane at the end of prestigious Broad Beach Rd. this beautifully remodeled Cape Cod style home is the perfect place to embrace the Malibu Lifestyle. The home is open and light with high vaulted ceilings, hardwood floors, and gorgeous ocean and mountain views. There is a luxurious and comfortable living room that opens out to a spacious sun drenched deck - perfect for entertaining or relaxing. A gourmet kitchen with center island, custom cabinets and high-end appliances. An adjacent breakfast and dining area. Sumptuous primary suite with large walk-in closet and a spa like bathroom that includes an opulent soaking tub. Two very comfortable guest rooms, designer furnishings, a swim spa pool/hot tub with its own sun deck, indoor laundry room and two car garage. All gated and secure with private key and steps to sandy Lechusa Beach below. Beachside Bliss!
  • Exclusions: Guest apartment with completely separate entrance is excluded.
  • Lease Terms: Negotiable
  • Living Area: 3000
  • Lot Acreage: 0.1299
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1993
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Stone Counters
  • Laundry: Inside, In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 5.50

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Patio: Balcony, Deck(s), Patio Open
  • Pool Description: Exercise Pool
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Ocean, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Private Garage
  • Total Parking: 2

Utilities

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

Association/Amenities

  • Amenities: Spa, Pool
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4470-026-007
  • Lot Location: Beach Access
  • Lot Size Area: 5660

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Pelissier Colette
Bought by
Deeds Helena
Current Estimated Value
$4,983,521

Purchase Details

Listed on
Jul 24, 2014
Closed on
Mar 29, 2015
Sold by
Field Brigham
Bought by
Pelissier Colette
Seller's Agent
Cormac O'Herlihy
Sotheby's International Realty
Buyer's Agent
helenadeeds Deeds
Sotheby's International Realty
List Price
$3,295,000
Sold Price
$2,770,000
Premium/Discount to List
-$525,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$2,216,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 24, 2014
Closed on
Feb 18, 2015
Sold by
Anderson Brian and Anderson Lisa
Bought by
Deeds Helena and Pelissier Colotte
Seller's Agent
Cormac O'Herlihy
Sotheby's International Realty
Buyer's Agent
helenadeeds Deeds
Sotheby's International Realty
List Price
$3,295,000
Sold Price
$2,770,000
Premium/Discount to List
-$525,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,216,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2003
Sold by
Casola Salvatore and Casola Joan H
Bought by
Anderson Brian and Anderson Lisa

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
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2003
Sold by
Casola Salvatore and Casola Joan H
Bought by
Casola Salvatore and Casola Joan H

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
5.25%

Purchase Details

Closed on
Nov 8, 2002
Sold by
Jackson Stephen P and Jackson Lisa K
Bought by
Casola Salvatore and Casola Joan H

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
5.75%

Purchase Details

Closed on
Apr 28, 1998
Sold by
Giordano Anthony E and Giordano Dotty J
Bought by
Jackson Stephen P and Jackson Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.37%

Purchase Details

Closed on
Aug 18, 1993
Sold by
Chersky Robert and Chersky Patricia N
Bought by
Giordano Anthony E and Giordano Dotty J
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
Deeds Helena -- --
Pelissier Colette -- Fidelity
Deeds Helena $2,770,000 Fidelity
Anderson Brian $2,350,000 --
Casola Salvatore -- Fidelity National Title Co
Casola Salvatore $1,990,000 Investors Title Company
Jackson Stephen P $950,000 Equity Title Company
Giordano Anthony E -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deeds Helena $2,216,000
Previous Owner Anderson Brian $1,000,000
Previous Owner Casola Salvatore $1,000,000
Previous Owner Casola Salvatore $1,000,000
Previous Owner Jackson Stephen P $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2024 12/05/24 Rented $15,000 -9.1% --
10/08/2024 10/08/24 Price Changed $16,500 -10.8% $6 / Sq Ft
09/28/2024 09/28/24 Price Changed $18,500 -5.1% $6 / Sq Ft
09/08/2024 09/08/24 Price Changed $19,500 -9.3% $7 / Sq Ft
06/07/2024 06/07/24 For Rent $21,500 +14.4% --
01/31/2024 01/31/24 Rented $18,800 0.0% --
10/25/2023 10/25/23 Price Changed $18,800 -17.2% $6 / Sq Ft
06/21/2023 06/21/23 Price Changed $22,700 +10.7% $8 / Sq Ft
01/18/2023 01/18/23 Price Changed $20,500 -7.7% $7 / Sq Ft
11/04/2022 11/04/22 For Rent $22,200 0.0% --
04/03/2015 04/03/15 Sold $2,770,000 -0.9% $809 / Sq Ft View Prior Sale
11/26/2014 11/26/14 Price Changed $2,795,000 -3.5% $816 / Sq Ft
10/27/2014 10/27/14 Price Changed $2,895,000 -12.1% $845 / Sq Ft
07/24/2014 07/24/14 For Sale $3,295,000 -- $962 / 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
2025 $38,372 $3,329,116 $2,403,698 $925,418
2024 $38,372 $3,263,840 $2,356,567 $907,273
2023 $37,638 $3,199,844 $2,310,360 $889,484
2022 $37,149 $3,137,103 $2,265,059 $872,044
2021 $36,264 $3,075,593 $2,220,647 $854,946
2019 $35,557 $2,984,371 $2,154,782 $829,589
2018 $33,758 $2,925,855 $2,112,532 $813,323
2016 $32,524 $2,812,242 $2,030,500 $781,742
2015 $32,121 $2,780,059 $2,224,050 $556,009
2014 $31,634 $2,725,602 $2,180,484 $545,118
Source: Public Records

Agents Affiliated with this Home

  • Mark S. Gruskin

    Landlord's Agent in 2024

    Mark S. Gruskin

    Westside Estate Agency-Malibu

    (310) 317-8202

    2 in this area

    25 Total Sales

    Mark S. Gruskin
    Section Image
  • Wailani O'Herlihy

    Seller's Agent in 2024

    Wailani O'Herlihy

    Sotheby's International Realty

    (310) 980-1195

    1 in this area

    21 Total Sales

    Wailani O'Herlihy
    Section Image

  • M

    Landlord's Co-Listing Agent in 2024

    Matthew Gruskin

    Westside Estate Agency-Malibu

    (310) 456-1171

    6 Total Sales

    Matthew Gruskin
    Section Image
  • Cormac O'Herlihy

    Seller Co-Listing Agent in 2024

    Cormac O'Herlihy

    Sotheby's International Realty

    (310) 980-1194

    1 in this area

    21 Total Sales

    Cormac O'Herlihy
    Section Image

  • h

    Buyer's Agent in 2015

    helenadeeds Deeds

    Sotheby's International Realty

    Section Image

  • H

    Buyer's Agent in 2015

    Helena Deeds

    Hilton & Hyland

See All Agents

Map

Source: The MLS

MLS Number: 24-401475

The MLS

APN: 4470-026-007

California Los Angeles County Malibu 90265 Encinal Bluffs

31844 Seafield Dr, Malibu, CA

Not Listed for Sale

Detached

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