NOT LISTED FOR SALE

33608 Pacific Coast Hwy Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $6,769,000 - $32,702,012

6 Beds
4 Baths
5,033 Sq Ft
$3,921/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $19,800,000 $3,934 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $135,262/month

269 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Heated In Ground Pool
  • Malibu Elementary School Rated A
  • Wine Cellar
  • Gated Parking

About This Home

As of October 2016

Spectacular, newly remodeled, contemporary beach home & 2-story GH by renowned designer/architect, Doug Burdge, is situated on approx. 125ft of pristine & secluded white sandy beach w/180 degree ocean & white water views. Fusing the best of indoor/outdoor living w/vanishing pocket doors & hardwood floors throughout, the RTI automated main house offers a sleek, modern ocean view living rm, dining area w/fireplace, gourmet kitchen w/large Caesarstone island & climate controlled wine rm. The 2nd floor ocean view owner's suite w/fireplace & wraparound deck has a spa-like bath w/egg shaped tub, floor-to-ceiling glass shower & custom, vast cedar closet; plus a 2nd en-suite bedroom w/private deck & outdoor shower. The GH has a large media room w/kitchenette & 3-ocean view bedrooms w/wood decks & outdoor shower. The resort-style, landscaped grounds w/green lawn, pool/spa, custom wood deck, & multiple entertaining/sitting areas are only steps to one of the most private & secret coves in Malibu.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 01/04/2016

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 01/04/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $369,950

Year Built

  • Built in 1955

Lot Details

  • 0.73 Acre Lot
  • Gated Home
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,033 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Wine Cellar
  • Living Room
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Private Parking
  • Gated Parking
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Pool Cover

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4473-021-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$369,950

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 5033
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Guest House, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Network Wire, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4371.15

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated, In Ground, Pool Cover, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Gated, Oversized, Parking for Guests, Private
  • Total Parking: 5

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4473-021-010
  • Geocode Override: No
  • Lot Size Area: 31909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Price Michael and Price Jodi
Bought by
Godetia Properties Llc
Current Estimated Value
$19,074,060

Purchase Details

Closed on
Jun 1, 2021
Sold by
Price Michael and Price Jodi
Bought by
Price Michael and Price Jodi

Purchase Details

Closed on
Jun 1, 2017
Sold by
Price Michael and Price Jodi
Bought by
Price Michael and Price Jodi

Purchase Details

Listed on
Jan 4, 2016
Closed on
Dec 2, 2016
Sold by
Price Michael
Bought by
Price Michael and Price Jodi
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$22,500,000
Sold Price
$19,800,000
Premium/Discount to List
-$2,700,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%
Original Mortgage
$9,500,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 4, 2016
Closed on
Oct 7, 2016
Sold by
Tuxedo Holdings Lp
Bought by
Price Michael
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$22,500,000
Sold Price
$19,800,000
Premium/Discount to List
-$2,700,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 2013
Sold by
Tuxedo Holdings Llc
Bought by
Tuxedo Holdings Lp

Purchase Details

Closed on
Dec 13, 2013
Sold by
B Butternut Llc
Bought by
Tuxedo Holdings Llc

Purchase Details

Listed on
Apr 1, 2012
Closed on
Jun 19, 2012
Sold by
Schlobohm Roy Otto and Scholbohm Bobbie Sue
Bought by
Tuxedo Holdings Llc
Seller's Agent
Matt Rapf
Sotheby's International Realty
Buyer's Agent
Susan Perryman
Carolwood Estates
List Price
$9,975,000
Sold Price
$7,600,000
Premium/Discount to List
-$2,375,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$0
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2007
Sold by
Schlobohm Roy Otto and The Roy & Bobbie Schlobohm Fam
Bought by
Schlobohm Roy Otto and Schlobohm Bobbie Sue

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
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Godetia Properties Llc $31,000,000 Chicago Title Co Com Div
Price Michael -- Chicago Title Co Com Div
Price Michael -- Chicago Title Co Com Div
Price Michael -- Old Republic Title
Price Michael $19,800,000 None Available
Tuxedo Holdings Lp $8,700,087 Advantage Title
Tuxedo Holdings Llc -- None Available
Tuxedo Holdings Llc $7,600,076 Lawyers Title
Schlobohm Roy Otto -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godetia Properties Llc $12,000,000
Open Godetia Properties Llc $51,500,000
Previous Owner Price Michael $9,500,000
Previous Owner Tuxedo Holdings Llc $0
Previous Owner Schlobohm Roy Otto $500,000
Previous Owner Schlobohm Roy Otto $2,000,000
Previous Owner Schlobohm Roy Otto $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $19,800,000 -10.0% $3,934 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
02/19/2016 02/19/16 Price Changed $22,000,000 -2.2% $4,371 / Sq Ft
01/04/2016 01/04/16 For Sale $22,500,000 +196.1% $4,470 / Sq Ft
06/22/2012 06/22/12 Sold $7,600,000 0.0% $1,510 / Sq Ft
06/22/2012 06/22/12 Off Market $7,600,000 -- --
06/04/2012 06/04/12 Price Changed $8,950,000 -10.3% $1,778 / Sq Ft
04/01/2012 04/01/12 For Sale $9,975,000 -- $1,982 / 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 $369,950 $32,897,448 $26,530,200 $6,367,248
2024 $369,950 $32,252,400 $26,010,000 $6,242,400
2023 $363,154 $31,620,000 $25,500,000 $6,120,000
2022 $359,070 $31,000,000 $25,000,000 $6,000,000
2021 $245,397 $21,229,601 $19,299,638 $1,929,963
2020 $243,961 $21,011,918 $19,101,744 $1,910,174
2019 $240,661 $20,599,920 $18,727,200 $1,872,720
2018 $228,687 $20,196,000 $18,360,000 $1,836,000
2016 $200,143 $17,604,088 $16,206,117 $1,397,971
2015 $197,457 $17,339,660 $15,962,687 $1,376,973
2014 $89,472 $7,787,193 $6,229,755 $1,557,438
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2016

    Chris Cortazzo

    Compass

    (310) 457-3995

    13 in this area

    225 Total Sales

    Section Image

  • M

    Seller's Agent in 2012

    Matt Rapf

    Sotheby's International Realty

    Section Image

  • A

    Seller Co-Listing Agent in 2012

    Andy Lyon

    4 Malibu Real Estate

    (310) 924-9086

    9 Total Sales

    Section Image
  • Susan Perryman

    Buyer's Agent in 2012

    Susan Perryman

    Carolwood Estates

    (310) 261-1960

    24 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 16-968149

The MLS

APN: 4473-021-010

California Los Angeles County Malibu 90265 Encinal Bluffs

33608 Pacific Coast Hwy, Malibu, CA

This home is located at 33608 Pacific Coast Hwy, Malibu, CA 90265 since 04 January 2016 and is currently estimated at $19,735,506, approximately $3,921 per square foot. This property was built in 1955. 33608 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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