NOT LISTED FOR SALE

3362 Sweetwater Mesa Rd Malibu, CA 90265

Estimated Value: $4,984,000 - $7,238,000

3 Beds
3 Baths
2,080 Sq Ft
$2,918/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $3,650,000 $1,755 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $36,034/month

Highlights

  • White Water Ocean Views
  • Tennis Courts
  • Heated Spa
  • Webster Elementary School Rated A
  • Gated with Attendant
  • Sauna

About This Home

As of May 2023

Spectacular ocean view retreat located behind the guard gates of Serra Retreat. This chic Cape Cod has been completely transformed with designer furniture and beautiful bleached wood floors throughout. Sweeping ocean views of the entire Santa Monica bay from almost every room. Two ocean view master suites plus a guest bedroom suite. The sleek kitchen opens to the ocean view formal dining area and living room all which flow to the expansive outdoor entertaining decks. The impeccable grounds include covered outdoor dining area, a private pickle ball court, cedar hot tub, outdoor sauna, gym with Pilates reformer, treadmill and bike. Private and gated motor court with two-car garage. $35,000/Month for short term and summer months.

Last Agent to Rent the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 05/04/2023

The Agency

Last Renter's Agent

William Ruvelson

FPM Realty License #01481073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,450

Year Built

  • Built in 1964

Lot Details

  • 2.08 Acre Lot
  • Gated Home
  • Property is zoned LCA11*

Property Views

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

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Sauna
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway
  • Gated Parking

Outdoor Features

  • Heated Spa
  • Tennis Courts
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Gated with Attendant
  • Controlled Access

Listing and Financial Details

  • Security Deposit $50,000
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4452-016-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,450

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 50000
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Cape Cod
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2080
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Gas, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 12.02

Exterior Features

  • Other Features: Balcony, Sauna Private, Sliding Glass Doors
  • Tennis Court: Paddle, Private
  • Tennis Court Y/N: Yes
  • Patio: Deck(s)
  • Pool: No
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Canyon, Catalina, City Lights, Coastline, Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Gated
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Gated Community with Guard
  • Sewer: Septic Tank

Association/Amenities

  • Amenities: Controlled Access, Gated Community Guard
  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4452-016-018
  • Lot Size Area: 90494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Sweetwater Mesa Llc
Bought by
Sweetwater Mesa Llc
Current Estimated Value
$6,068,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,190,000
Outstanding Balance
$1,982,489
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$4,086,288

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jan 23, 2018
Sold by
Visbal Mike
Bought by
Sweetwater Mesa Llc
Seller's Agent
Irene Dazzan
The Agency
Buyer's Agent
Sandro Dazzan
The Agency
List Price
$5,000,000
Sold Price
$3,650,000
Premium/Discount to List
-$1,350,000
-27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$2,190,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2006
Sold by
Meyer David C
Bought by
Visbal Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,795,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 20, 1999
Sold by
Mccray Kent Baldwin
Bought by
Meyer David C and The La Mancha Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
6.87%

Purchase Details

Closed on
May 22, 1996
Sold by
Finley L Guy
Bought by
Mccray Kent Baldwin and Mccray Susan Sukman

Purchase Details

Closed on
Aug 19, 1994
Sold by
Finley Venise
Bought by
Finley Venise and The Venise Finley Trust
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
Sweetwater Mesa Llc -- None Listed On Document
Sweetwater Mesa Llc $3,630,000 Stewart Title Company
Visbal Michael -- Stewart Title Of California
Visbal Mike -- Orange Coast Title
Meyer David C -- American Title Co
Mccray Kent Baldwin $830,000 Equity Title
Finley Venise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweetwater Mesa Llc $2,190,000
Previous Owner Sweetwater Mesa Llc $2,190,000
Previous Owner Visbal Mike $2,795,000
Previous Owner Meyer David C $945,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Rented $30,000 +20.0% --
05/04/2023 05/04/23 For Rent $25,000 0.0% --
05/20/2022 05/20/22 Rented $25,000 0.0% --
05/11/2022 05/11/22 For Rent $25,000 0.0% --
01/10/2022 01/10/22 Rented $25,000 -28.6% --
10/13/2021 10/13/21 For Rent $35,000 +59.1% --
09/04/2019 09/04/19 Rented $22,000 -12.0% --
06/14/2019 06/14/19 For Rent $25,000 0.0% --
01/12/2019 01/12/19 Rented $25,000 0.0% --
11/26/2018 11/26/18 Price Changed $25,000 -28.6% $12 / Sq Ft
08/06/2018 08/06/18 For Rent $35,000 +16.7% --
06/28/2018 06/28/18 Rented $30,000 -14.3% --
06/22/2018 06/22/18 For Rent $35,000 0.0% --
03/05/2018 03/05/18 Sold $3,650,000 -18.9% $1,755 / Sq Ft View Prior Sale
01/15/2018 01/15/18 Pending -- -- --
09/21/2017 09/21/17 Price Changed $4,499,000 -6.3% $2,163 / Sq Ft
08/11/2017 08/11/17 Price Changed $4,799,000 -4.0% $2,307 / Sq Ft
06/22/2017 06/22/17 For Sale $5,000,000 -- $2,404 / 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 $47,450 $4,130,315 $3,073,047 $1,057,268
2024 $47,450 $4,049,330 $3,012,792 $1,036,538
2023 $46,477 $3,969,932 $2,953,718 $1,016,214
2022 $45,972 $3,892,091 $2,895,802 $996,289
2021 $44,913 $3,815,776 $2,839,022 $976,754
2019 $44,038 $3,702,600 $2,754,816 $947,784
2018 $20,429 $1,736,042 $1,388,841 $347,201
2016 $19,685 $1,668,631 $1,334,911 $333,720
2015 $19,422 $1,643,568 $1,314,860 $328,708
2014 $19,188 $1,611,374 $1,289,104 $322,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-266721

The MLS

APN: 4452-016-018