NOT LISTED FOR SALE

3205 Sumac Ridge Rd Malibu, CA 90265

La Costa Beach Neighborhood

Estimated Value: $4,297,000 - $5,386,000

3 Beds
3 Baths
3,107 Sq Ft
$1,565/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $2,965,000 $954 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $27,561/month

173 Days on Market

Highlights

  • Ocean View
  • Tennis Courts
  • 40,561 Sq Ft lot
  • Webster Elementary School Rated A
  • Gated with Attendant
  • Wood Flooring

About This Home

As of December 2013

Set above the clouds, overlooking Billionaires Beach, this captivating property offers views that span 270 degrees, from the Queens Necklace to the Malibu Pier & beyond. Experience privacy & seclusion behind guarded gates, on nearly an acre of land, while remaining connected to the city & ocean below. At the entrance of the property, you are greeted by a wooden arch, which leads you up a short, tree-lined drive onto mystical grounds and a 1-story house, taken from the pages of a storybook. As you walk to the front door, you hear the flutter of hummingbirds coming from a verdant internal garden/courtyard, perfect for entertaining. Walk around to the ocean side the vastness and the beauty of the Pacific. Enjoy convenience, being only minutes from shops, restaurants & the prestigious La Costa Beach and Tennis Club. Never before have we offered a home on a more beautiful site.

Last Agent to Sell the Property

Blair Chang

The Agency License #01248419 Listed on: 04/24/2013

The Agency

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,702

Year Built

  • Built in 1957

Lot Details

  • 0.93 Acre Lot
  • Value in Land
  • Property is zoned LCR11*

Parking

  • Attached Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Cottage
  • Fixer Upper

Interior Spaces

  • 3,107 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer

Outdoor Features

  • Tennis Courts
  • Open Patio

Utilities

  • Central Heating
  • Central Water Heater

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 4451-016-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,702

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3107
  • Planned Urban Dev: 0
  • Property Condition: Fixer, Value Mainly In Land
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Slate, Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Outside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1060.51

Exterior Features

  • Tennis Court: Private
  • Tennis Court Y/N: Yes
  • Pool: No
  • Spa Yn: No
  • View: Catalina, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached

Utilities

  • Water Heater: Central Water Heater
  • Heating: Central
  • Security: Gated Community with Guard, Guarded

Lot Info

  • Assessor Parcel Number: 4451-016-036
  • Geocode Override: No
  • Lot Size Area: 40561

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Oct 25, 2013
Sold by
Lazaroff Richard
Bought by
Borris Howard M and The Amazingful Residence Trust
Seller's Agent
Blair Chang
The Agency
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,295,000
Sold Price
$2,965,000
Premium/Discount to List
-$330,000
-10.02%
Current Estimated Value
$4,405,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,440,104
Avg. Annual Appreciation
4.33%
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
Borris Howard M $2,965,029 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amazingful Residence Trust $900,000
Previous Owner Lazaroff Richard $850,000
Previous Owner Lazaroff Richard $689,000
Previous Owner Lazaroff Richard $250,000
Previous Owner Lazaroff Richard $635,000
Previous Owner Lazaroff Richard $50,000
Previous Owner Lazaroff Richard $610,000
Previous Owner Lazaroff Richard $601,000
Previous Owner Lazaroff Richard $582,000
Previous Owner Lazaroff Richard $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Sold $2,965,000 0.0% $954 / Sq Ft
12/09/2013 12/09/13 Off Market $2,965,000 -- --
10/14/2013 10/14/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $3,295,000 -- $1,061 / 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 $42,702 $1,482,704 $1,482,704 --
2024 $42,702 $3,621,950 $2,236,356 $1,385,594
2023 $41,895 $3,550,932 $2,192,506 $1,358,426
2022 $41,362 $3,481,307 $2,149,516 $1,331,791
2021 $40,393 $3,413,047 $2,107,369 $1,305,678
2019 $38,989 $3,258,286 $2,044,864 $1,213,422
2018 $36,975 $3,194,399 $2,004,769 $1,189,630
2016 $35,648 $3,070,358 $1,926,922 $1,143,436
2015 $35,172 $3,024,239 $1,897,978 $1,126,261
2014 $34,659 $2,965,000 $1,860,800 $1,104,200
Source: Public Records

Agents Affiliated with this Home

  • Blair Chang

    Seller's Agent in 2013

    Blair Chang

    The Agency

    (310) 560-7320

    56 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 13-667661

The MLS

APN: 4451-016-036

California Los Angeles County Malibu 90265 La Costa Beach

3205 Sumac Ridge Rd, Malibu, CA

This home is located at 3205 Sumac Ridge Rd, Malibu, CA 90265 since 24 April 2013 and is currently estimated at $4,861,104, approximately $1,564 per square foot. This property was built in 1957. 3205 Sumac Ridge Rd is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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