NOT LISTED FOR SALE

Estimated Value: $2,017,000 - $2,927,000

4 Beds
3 Baths
2,800 Sq Ft
$899/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $1,655,000 $591 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $15,340/month

118 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Maid or Guest Quarters
  • Malibu Elementary School Rated A
  • Art Studio
  • Living Room with Fireplace

About This Home

As of March 2022

Private and lush artist's retreat just minutes from Pacific Coast Hwy. Recently reimagined, this modernized log cabin oasis is the perfect place to relax and create in a zen environment. The main house has a spacious layout with brand new hardwood floors, a large stone fireplace and a large sleek stone kitchen island with Miele appliances. The spacious master bedroom has an ensuite master bath with a large soaking tub and outdoor access to a tranquil sitting area with an expansive sitting bar and barbecue. The large detached self sustaining guest house is equipped with beautiful stone flooring, a breakfast bar and stove top, a guest bed and bath and a mountain view office. Amongst the beautiful landscaping are two more structures including a meditation cabin that sleeps one, a charming green house and a small trail that leads to an ocean view flat pad with room for a yurt or more. This mountain retreat is the epitome of tranquil and private living and just minutes from the beach.

Last Agent to Sell the Property

Sean Landon

Douglas Elliman License #01981562 Listed on: 09/08/2021

Douglas Elliman

Co-Listed By

Erik Chicas

Douglas Elliman License #02007566

Last Buyer's Agent

Gina Canzona

Compass License #02045792

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,728

Year Built

  • Built in 1991

Lot Details

  • 0.92 Acre Lot
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Mountain

Home Design

  • Log Cabin

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Art Studio
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 3 Parking Spaces
  • Converted Garage
  • Auto Driveway Gate

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4472-019-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,728

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Log Home
  • Street Number Display: Yes
  • Living Area: 2800
  • Lot Acreage: 0.9169
  • Stories: 1
  • Year Built: 1991
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Barbeque, Built-Ins, Cable, Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Refrigerator, Range/Oven, Recirculated Exhaust Fan
  • Price Per S Q F T: 676.79

Exterior Features

  • Other Structures: Accessory Bldgs, GuestHouse, Other
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4472-019-035
  • Lot Size Area: 39940

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Jan 28, 2022
Sold by
Ho William S
Bought by
Pietroiacovo Michael and Webster Poppy
Seller's Agent
Sean Landon
Douglas Elliman
Buyer's Agent
Gina Canzona
Compass
List Price
$2,100,000
Sold Price
$1,655,000
Premium/Discount to List
-$445,000
-21.19%
Current Estimated Value
$2,517,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,846
Avg. Annual Appreciation
12.70%
Original Mortgage
$1,324,000
Outstanding Balance
$1,217,676
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$1,300,170

Purchase Details

Closed on
Aug 12, 2021
Sold by
Ho William S
Bought by
Ho William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2021
Sold by
Metallic Blue Development Llc
Bought by
Lee Fok Mercy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
2.9%
Mortgage Type
Construction

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
13.92%
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:

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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
Pietroiacovo Michael $1,655,000 Lawyers Title
Ho William S -- Pacific Coast Title Co
Lee Fok Mercy -- None Available
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 S $1,035,000
Previous Owner Ho William $875,000
Previous Owner Thomas Guy $500,000
Previous Owner Thomas Guy $450,000
Previous Owner Thomas Guy $250,000
Previous Owner Thomas Guy $845,000
Previous Owner Thomas Guy $86,000
Previous Owner Thomas Guy $675,000
Previous Owner Thomas Guy $25,000
Previous Owner Thomas Guy $640,000
Previous Owner Thomas Guy $25,000
Previous Owner Thomas Guy $540,000
Previous Owner Thomas Guy $99,900
Previous Owner Thomas Guy $17,000
Previous Owner Thomas Guy $457,000
Previous Owner Thomas Guy $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $1,655,000 -12.7% $591 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/16/2021 12/16/21 Price Changed $1,895,000 -5.0% $677 / Sq Ft
10/11/2021 10/11/21 Price Changed $1,995,000 -5.0% $713 / Sq Ft
09/08/2021 09/08/21 For Sale $2,100,000 +115.4% $750 / 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: 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 $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: The MLS

MLS Number: 21-784524

The MLS

APN: 4472-019-035