NOT LISTED FOR SALE

3217 Sumac Ridge Rd Malibu, CA 90265

Estimated Value: $6,124,183 - $6,309,000

4 Beds
5.5 Baths
4,500 Sq Ft
$1,380/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $5,825,000 $1,294 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $38,985/month

12 Days on Market

Highlights

  • White Water Ocean Views
  • Tennis Courts
  • Gated Parking
  • Webster Elementary School Rated A
  • Heated In Ground Pool
  • Contemporary Architecture

About This Home

As of June 2018

Dramatic ocean and coastline views from this contemporary masterpiece with deeded rights to La Costa Beach and Tennis Club. The beautifully appointed 4 bedroom, 6 bathroom home was completely re-built with no expense spared. The open great room includes large center island kitchen, living area, dining room and billiards room with wet bar all of which open to the expansive entertaining decks, outdoor dining area and spectacular infinity edge pool and spa. Master suite with dual walk-in closets, steam shower & tub plus private deck. Camera security. Gated motor court with oversized 2 car garage plus gym with 3/4 bathroom.

Last Agent to Sell the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 04/23/2018

The Agency

Co-Listed By

Irene Dazzan

The Agency License #00597226

Last Buyer's Agent

Celeste Healy Webb

Celeste Healy Webb License #01510746

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.56 Acre Lot
  • Property is zoned LCR11*

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Metal Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office
  • Home Gym
  • Laundry Room

Kitchen

  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Parking

  • 2 Car Garage
  • Gated Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4451-016-027

Community Details

Recreation

  • Tennis Courts

Additional Features

  • No Home Owners Association
  • Billiard Room

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0.56 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4500
  • Probate: No
  • Stories: 2
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room
  • Flooring: Hardwood, Slate
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1332.22

Exterior Features

  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Roof: Metal
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Gated
  • Total Parking: 10

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4451-016-027
  • Geocode Override: No
  • Lot Size Area: 24322

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jun 4, 2018
Sold by
Klein Jerome S and Klein Tiana
Bought by
Johnson Michael and Johnson Trust
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Celeste Healy Webb
Celeste Healy Webb
List Price
$5,995,000
Sold Price
$5,825,000
Premium/Discount to List
-$170,000
-2.84%
Current Estimated Value
$6,212,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,061
Avg. Annual Appreciation
0.83%
Original Mortgage
$4,000,000
Outstanding Balance
$3,459,330
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$2,752,731

Purchase Details

Closed on
Mar 4, 2016
Sold by
Klein Jerome S and Jerome S Klein Family Trust
Bought by
Klein Jerome S and Jerry & Tiana Klein Family Tru

Purchase Details

Closed on
Dec 19, 2011
Sold by
Jackson Andrew Allan and Jackson Michelle Yuro
Bought by
Klein Jerome S and Jerome S Klein 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
$2,000,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2007
Sold by
Jackson Michelle
Bought by
Jackson Andrew Allan and Jackson Michelle Yuro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,790,000
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Jackson Andrew A and Jackson Michelle
Bought by
Jackson Andrew Allan and Jackson Michelle Yuro

Purchase Details

Closed on
Jul 8, 2005
Sold by
Bruget Donald K and Bruget Gunn
Bought by
Jackson Andrew A and Jackson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac
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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Purchase History

Date Buyer Sale Price Title Company
Johnson Michael $5,825,000 Stewart Title Company
Klein Jerome S -- None Available
Klein Jerome S $3,200,000 Equity Title Los Angeles
Jackson Andrew Allan -- Chicago Title
Jackson Michelle -- Chicago Title
Jackson Andrew Allan -- None Available
Jackson Andrew A $2,450,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael $4,000,000
Previous Owner Klein Jerome S $2,000,000
Previous Owner Jackson Michelle $1,790,000
Previous Owner Jackson Andrew Allan $500,000
Previous Owner Jackson Andrew A $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2018 06/13/18 Sold $5,825,000 -2.8% $1,294 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $5,995,000 +87.3% $1,332 / Sq Ft
03/20/2012 03/20/12 Sold $3,200,000 -1.5% $711 / Sq Ft View Prior Sale
12/19/2011 12/19/11 Pending -- -- --
12/01/2011 12/01/11 Price Changed $3,249,000 -5.8% $722 / Sq Ft
04/11/2011 04/11/11 For Sale $3,450,000 -- $767 / Sq Ft
Source: The MLS

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 $75,703 $5,122,197 $2,420,935 $2,701,262
2024 $75,703 $6,497,894 $2,966,832 $3,531,062
2023 $74,306 $6,370,485 $2,908,659 $3,461,826
2022 $73,411 $6,245,575 $2,851,627 $3,393,948
2021 $71,707 $6,123,113 $2,795,713 $3,327,400
2019 $70,324 $5,941,500 $2,712,792 $3,228,708
2018 $42,514 $3,690,935 $2,207,811 $1,483,124
2016 $40,984 $3,547,614 $2,122,080 $1,425,534
2015 $40,435 $3,494,327 $2,090,205 $1,404,122
2014 $38,154 $3,278,817 $2,049,261 $1,229,556
Source: Public Records

Agents Affiliated with this Home

  • Sandro Dazzan

    Seller's Agent in 2018

    Sandro Dazzan

    The Agency

    (310) 435-7556

    86 Total Sales

    Sandro Dazzan
    Section Image
  • Irene Dazzan

    Seller Co-Listing Agent in 2018

    Irene Dazzan

    The Agency

    (310) 418-3777

    49 Total Sales

    Irene Dazzan
    Section Image
  • Celeste Healy Webb

    Buyer's Agent in 2018

    Celeste Healy Webb

    Celeste Healy Webb

    (310) 463-0302

    3 Total Sales

    Celeste Healy Webb
    Section Image

  • C

    Buyer's Agent in 2018

    Cece Webb

    Compass

  • Shen Schulz

    Seller's Agent in 2012

    Shen Schulz

    Sotheby's International Realty

    (310) 980-8809

    83 Total Sales

    Shen Schulz
    Section Image
  • Simon Beardmore

    Buyer's Agent in 2012

    Simon Beardmore

    Sotheby's International Realty

    (310) 892-6454

    62 Total Sales

    Simon Beardmore
    Section Image
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Map

Source: The MLS

MLS Number: 18-336112

The MLS

APN: 4451-016-027

California Los Angeles County Malibu 90265

3217 Sumac Ridge Rd, Malibu, CA

Not Listed for Sale

Detached

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