NOT LISTED FOR SALE

3226 Serra Rd Malibu, CA 90265

Estimated Value: $8,531,000 - $9,900,684

5 Beds
4 Baths
4,216 Sq Ft
$2,120/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $3,900,000 $925 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $55,334/month

25 Days on Market

Highlights

  • Ocean View
  • Tennis Courts
  • In Ground Pool
  • Webster Elementary School Rated A
  • Gated with Attendant
  • Dual Staircase

About This Home

As of September 2017

In original condition, this approximately 1.5 acres gated home includes a pool, tennis court and partial ocean view. The 5 bedroom 4 bathroom structure offers tremendous potential. Large mature trees adorn the property. With some tree trimming ocean view may be expanded. Currently, there is a one car garage. In need of repairs. Additional parcel 4452-06-6006.

Last Agent to Sell the Property

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 07/26/2017

Co-Listed By

Cormac O'Herlihy

Sotheby's International Realty License #00787980

Last Buyer's Agent

Lena Jemelian

Compass License #01906176

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 1.44 Acre Lot
  • Property is zoned LCA120000*

HOA Fees

  • $325 Monthly HOA Fees

Property Views

  • Ocean
  • Trees
  • Mountain
  • Pool

Home Design

  • Rustic Architecture
  • Fixer Upper
  • Asphalt Roof

Interior Spaces

  • 4,216 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Entryway
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Open to Family Room
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 6 Open Parking Spaces
  • Driveway

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Brick Porch or Patio

Utilities

  • Septic Tank

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 4452-026-007

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Rustic
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4216
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1978
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases
  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Open to Family Room
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1113.61

Exterior Features

  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Patio: Brick
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Asphalt
  • Spa Yn: No
  • View: Mountains, Ocean, Pool, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Driveway

Utilities

  • Security: Gated Community with Guard
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 3900.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4452-026-007
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Size Area: 62681

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
Mondavi Megan
Bought by
Whitcomb Aber Tyson
Current Estimated Value
$8,938,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Outstanding Balance
$5,682,466
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$3,256,455

Purchase Details

Closed on
May 26, 2020
Sold by
Maison Dartiste Llc
Bought by
Whitcomb Aber Tyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Outstanding Balance
$5,682,466
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$3,256,455

Purchase Details

Listed on
Jul 26, 2017
Closed on
Aug 30, 2017
Sold by
Forrester James S
Bought by
Maison D Artiste Llc
Seller's Agent
Wailani O'Herlihy
Sotheby's International Realty
Buyer's Agent
Lena Jemelian
Compass
List Price
$4,695,000
Sold Price
$3,900,000
Premium/Discount to List
-$795,000
-16.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Jun 3, 2011
Sold by
Forrester James Scot
Bought by
King Kwame

Purchase Details

Closed on
Jan 13, 1994
Sold by
Forrester James S and Bick Barbara Ann
Bought by
Forrester James S

Purchase Details

Closed on
Oct 19, 1993
Sold by
Bick Barbara Ann and Forrester James S
Bought by
Forrester James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Whitcomb Aber Tyson -- Fidelity National Title
Whitcomb Aber Tyson $9,500,000 Fidelity National Title Co
Maison D Artiste Llc $3,900,000 Fidelity National Title Co
King Kwame $11,000 None Available
Forrester James S -- --
Forrester James S -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitcomb Aber Tyson $6,500,000
Previous Owner Forrester James S $458,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $3,900,000 -16.9% $925 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $4,695,000 -- $1,114 / 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 $103,096 $9,092,429 $7,577,025 $1,515,404
2024 $103,096 $8,914,147 $7,428,456 $1,485,691
2023 $101,132 $8,739,360 $7,282,800 $1,456,560
2022 $100,005 $8,568,000 $7,140,000 $1,428,000
2021 $97,680 $8,400,000 $7,000,000 $1,400,000
2020 $44,228 $3,745,440 $3,225,240 $520,200
2019 $43,685 $3,672,000 $3,162,000 $510,000
2018 $41,516 $3,600,000 $3,100,000 $500,000
2016 $5,601 $423,145 $93,178 $329,967
2015 $5,527 $416,790 $91,779 $325,011
2014 $5,495 $408,627 $89,982 $318,645
Source: Public Records

Agents Affiliated with this Home

  • Wailani O'Herlihy

    Seller's Agent in 2017

    Wailani O'Herlihy

    Sotheby's International Realty

    (310) 980-1195

    21 Total Sales

    Wailani O'Herlihy
    Section Image
  • Cormac O'Herlihy

    Seller Co-Listing Agent in 2017

    Cormac O'Herlihy

    Sotheby's International Realty

    (310) 980-1194

    21 Total Sales

    Cormac O'Herlihy
    Section Image
  • Lena Jemelian

    Buyer's Agent in 2017

    Lena Jemelian

    Compass

    (310) 951-7308

    9 Total Sales

    Lena Jemelian
    Section Image

  • P

    Buyer Co-Listing Agent in 2017

    Patti Spencer

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 17-255818

The MLS

APN: 4452-026-007

California Los Angeles County Malibu 90265

3226 Serra Rd, Malibu, CA

Not Listed for Sale

Detached

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