NOT LISTED FOR SALE

Estimated Value: $2,003,000 - $2,836,009

3 Beds
2 Baths
1,656 Sq Ft
$1,409/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $975,000 $589 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $13,810/month

365 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • Log Cabin
  • Malibu Elementary School Rated A
  • No HOA
  • Front Porch

About This Home

As of May 2018

What an opportunity to own a magnificent Malibu log cabin home!! This property must be toured to be appreciated. It features a main house that is 3 bed, 2 bath, 1656 square feet and is a wonderful country retreat with a large stone fireplace, wood accented ceiling, wood and tile flooring, gourmet country kitchen with large island, front porch, giant front sun deck and additional rear patio and much more!! The detached garage has also been converted to living space with a separate small apartment like studio and an additional office. There is also another small one bedroom plus loft building off the secondary patio. As if all of that wasn't enough there is also garden and orchard area next to the house that looks amazing in the spring. This one of a kind property is located on nearly 40,000 square feet of prime Malibu land. Must be seen to be appreciated!!

Last Agent to Sell the Property

Richard Szerman

Radius Agent Realty License #01179940 Listed on: 11/28/2016

Last Buyer's Agent

Richard Szerman

Radius Agent Realty License #01179940 Listed on: 11/28/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 0.92 Acre Lot
  • West Facing Home
  • Irregular Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Mountain

Home Design

  • Log Cabin
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,656 Sq Ft Home
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Up Slope from Street
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot UNK
  • Assessor Parcel Number 4472019035

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LCA11*
  • Architectural Style: Log
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4472019035
  • Year Built: 1991
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 1656.00 Square Feet
  • Common Walls: No Common Walls
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 588.77
  • Room Type: Kitchen, Living Room, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Mountain(s), Ocean
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Asphalt, Concrete, Off Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Unknown
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 20000-39999 Sqft, Irregular Lot, Up Slope from Street
  • Lot Size Sq Ft: 40000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8004.06
  • Tax Lot: UNK
  • Tax Tract Number: UNK

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Ho William S
Bought by
Pietroiacovo Michael and Webster Poppy
Current Estimated Value
$2,333,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,324,000
Outstanding Balance
$1,212,365
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$1,121,387

Purchase Details

Listed on
Nov 28, 2016
Closed on
Apr 24, 2018
Sold by
Thomas Guy and Thomas Caroline Hayes
Bought by
Ho William
Seller's Agent
Richard Szerman
Radius Agent Realty
Buyer's Agent
Richard Szerman
Radius Agent Realty
List Price
$1,300,000
Sold Price
$975,000
Premium/Discount to List
-$325,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$875,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1994
Sold by
Pritchett Scott and Pritchett Mary
Bought by
Thomas Guy and Thomas Caroline Hayes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.75%
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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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
Pietroiacovo Michael $1,655,000 Lawyers Title
Ho William $975,000 Lawyers Title
Thomas Guy -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pietroiacovo Michael $1,324,000
Previous Owner Ho William $875,000
Previous Owner Thomas Guy $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $975,000 -25.0% $589 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $1,300,000 -- $785 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,728 $1,756,297 $1,405,038 $351,259
2024 $20,728 $1,721,861 $1,377,489 $344,372
2023 $20,243 $1,688,100 $1,350,480 $337,620
2022 $12,975 $1,045,395 $836,317 $209,078
2021 $12,648 $1,024,898 $819,919 $204,979
2020 $12,508 $1,014,390 $811,512 $202,878
2019 $12,392 $994,500 $795,600 $198,900
2018 $9,132 $752,869 $530,704 $222,165
2016 $8,780 $723,637 $510,098 $213,539
2015 $8,660 $712,768 $502,436 $210,332
2014 $8,560 $698,806 $492,594 $206,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17016095

California Regional Multiple Listing Service (CRMLS)

APN: 4472-019-035