NOT LISTED FOR SALE

31948 Pacific Coast Hwy Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $4,630,318 - $5,995,000

5 Beds
4 Baths
2,781 Sq Ft
$1,862/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $2,625,000 $944 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $30,918/month

140 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Living Room with Fireplace
  • Covered patio or porch

About This Home

As of June 2015

A great opportunity to live near the beach. This 4 bedroom, 3 bathroom home is located on a private, gated street just minutes away from beautiful El Matador beach. Kitchen with breakfast area, open living, dining and family lead out to patio and garden. Ocean view from the 2nd living/den with private balcony and kitchen. Separate 1 bedroom, 1 bathroom guest house. Close to the newly built Trancas Center with market, restaurants and shops.

Last Agent to Sell the Property

James Whalen

Compass License #01303827 Listed on: 12/01/2014

Compass

Last Buyer's Agent

James Whalen

Compass License #01303827 Listed on: 12/01/2014

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,476

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Gated Home
  • Property is zoned LCRA75

Parking

  • Driveway

Interior Spaces

  • 2,781 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Covered patio or porch

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4473-012-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,476

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2781
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Built-In Electric, Cooktop - Gas
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Gas Or Electric Dryer Hookup, Refrigerator
  • Price Per S Q F T: 1005.03

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Balcony, Covered
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4473-012-020
  • Geocode Override: No
  • Lot Size Area: 12837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Cohen Wayne R
Bought by
Wayne R Cohen Living Trust
Current Estimated Value
$5,091,697

Purchase Details

Closed on
Jan 13, 2021
Sold by
Cohen Wayne R and Cohen Jill F
Bought by
Cohen Wayne R

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
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2014
Closed on
Apr 20, 2015
Sold by
Doyle Cathy L
Bought by
Cohen Wayne R and Cohen Jill F
Seller's Agent
James Whalen
Compass
Buyer's Agent
James Whalen
Compass
List Price
$2,995,000
Sold Price
$2,625,000
Premium/Discount to List
-$370,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,000,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2006
Sold by
Mccarty Betty M and The John W Mccarty Decedents T
Bought by
Mccarty Betty M and John W Mccarty Decedents Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,000
Interest Rate
6.54%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Wayne R Cohen Living Trust -- --
Cohen Wayne R -- Western Resources Title
Cohen Wayne R $2,625,000 Lawyers Title
Mccarty Betty M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Wayne R $900,000
Previous Owner Cohen Wayne R $1,000,000
Previous Owner Mccarty Claire $160,000
Previous Owner Mccarty Betty M $582,000
Previous Owner Mccarty John W $600,000
Previous Owner Mccarty John W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2015 06/02/15 Sold $2,625,000 -6.1% $944 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/15/2015 04/15/15 Price Changed $2,795,000 -3.5% $1,005 / Sq Ft
03/04/2015 03/04/15 Price Changed $2,895,000 -3.3% $1,041 / Sq Ft
12/01/2014 12/01/14 For Sale $2,995,000 0.0% $1,077 / Sq Ft
02/20/2014 02/20/14 Rented $5,995 0.0% --
02/20/2014 02/20/14 Under Contract -- -- --
02/11/2014 02/11/14 For Rent $5,995 +42.7% --
08/01/2013 08/01/13 Rented $4,200 0.0% --
08/01/2013 08/01/13 Under Contract -- -- --
06/20/2013 06/20/13 For Rent $4,200 -- --
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 $36,476 $3,154,850 $2,764,252 $390,598
2024 $36,476 $3,092,991 $2,710,051 $382,940
2023 $35,777 $3,032,345 $2,656,913 $375,432
2022 $35,310 $2,972,888 $2,604,817 $368,071
2021 $34,474 $2,914,597 $2,553,743 $360,854
2020 $34,279 $2,884,712 $2,527,558 $357,154
2019 $33,803 $2,828,150 $2,477,999 $350,151
2018 $32,026 $2,772,697 $2,429,411 $343,286
2016 $30,862 $2,665,031 $2,335,075 $329,956
2015 $8,170 $667,929 $412,145 $255,784
2014 $8,146 $169,957 $69,976 $99,981
Source: Public Records

Agents Affiliated with this Home

  • James Whalen

    Seller's Agent in 2015

    James Whalen

    Compass

    (310) 435-6775

    1 in this area

    10 Total Sales

    Section Image
  • Margaret Hauptman

    Buyer's Agent in 2013

    Margaret Hauptman

    Coldwell Banker Realty

    (310) 924-1540

    1 Total Sale

    Section Image
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Map

Source: The MLS

MLS Number: 14-813263

The MLS

APN: 4473-012-020

California Los Angeles County Malibu 90265 Encinal Bluffs

31948 Pacific Coast Hwy, Malibu, CA

This home is located at 31948 Pacific Coast Hwy, Malibu, CA 90265 since 01 December 2014 and is currently estimated at $5,179,580, approximately $1,862 per square foot. This property was built in 1961. 31948 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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