NOT LISTED FOR SALE

3602 Forest Gate Cir Malibu, CA 90265

Estimated Value: $4,601,000 - $5,869,000

3 Beds
5 Baths
3,556 Sq Ft
$1,448/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $3,200,000 $900 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $31,086/month

27 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Contemporary Architecture
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of March 2015

NEWLY LISTED THIS YEAR AT A GREAT NEW PRICE! THIS HOME IS A MUST SEE. THIS HOME HAS BEEN RECENTLY BEAUTIFULLY REMODELED AND HAS FABULOUS OCEAN VIEWS. VAULTED CEILINGS AND GREAT ART WALLS ENHANCE THE OPEN OCEAN VIEW LIVING ROOM WITH FIREPLACE, OCEAN VIEW DINING, LARGE GOURMET CHEF'S KITCHEN OPENING TO DEN WITH FIREPLACE, MEDIA/ATRIUM ROOM, WONDERFUL MASTER SUITE WITH FIREPLACE OPENING ONTO POOLSIDE PATIO, AND TWO GUESTS SUITES. OUTDOOR OCEAN VIEW PATIOS AND POOL, SPA AND STEAM ROOM, ARE ALL SURROUNDED BY LUSH LANDSCAPING TO CREATE TOTAL PRIVACY BOTH INSIDE AND OUT.

Last Agent to Sell the Property

Gayle Pritchett-Macleod

Sotheby's International Realty License #00585628 Listed on: 01/16/2015

Last Buyer's Agent

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387

Westside Estate Agency-Malibu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,353

Year Built

  • Built in 1985

Lot Details

  • 0.57 Acre Lot
  • Property is zoned LCR112000*

Parking

  • 5 Parking Spaces

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,556 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Wood Flooring
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4458-034-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,353

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3556
  • Stories: 1
  • Year Built: 1985
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 954.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Owned

Lot Info

  • Assessor Parcel Number: 4458-034-023
  • Geocode Override: No
  • Lot Size Area: 24932

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Feb 26, 2015
Sold by
Grant Armand M and Armand & Judith Grant Family T
Bought by
Pepperdine University
Seller's Agent
Gayle Pritchett-Macleod
Sotheby's International Realty
Buyer's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
List Price
$3,395,000
Sold Price
$3,200,000
Premium/Discount to List
-$195,000
-5.74%
Current Estimated Value
$5,150,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,950,421
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Grant Armand M and Grant Judith
Bought by
Grant Armand M and Grant Judith

Purchase Details

Closed on
Feb 20, 1998
Sold by
Grant Armand M and Grant Judith
Bought by
Grant Armand M and Grant Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Interest Rate
6.9%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Grant Armand M and Grant Judith
Bought by
Grant Armand M and Grant Judith
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
Pepperdine University $3,200,000 Chicago Title Company
Grant Armand M -- --
Grant Armand M -- Fidelity National Title Co
Grant Armand M -- Fidelity National Title
Grant Armand M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grant Armand M $622,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2015 03/04/15 Sold $3,200,000 -5.7% $900 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $3,395,000 -- $955 / 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 $45,353 $3,845,911 $2,142,535 $1,703,376
2024 $45,353 $3,770,502 $2,100,525 $1,669,977
2023 $44,465 $3,696,572 $2,059,339 $1,637,233
2022 $43,963 $3,624,091 $2,018,960 $1,605,131
2021 $90,870 $3,553,031 $1,979,373 $1,573,658
2019 $42,135 $3,447,648 $1,920,664 $1,526,984
2018 $39,961 $3,380,048 $1,883,004 $1,497,044
2016 $38,546 $3,248,799 $1,809,886 $1,438,913
2015 $16,116 $1,273,835 $417,453 $856,382
2014 $15,533 $1,248,883 $409,276 $839,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-822145

The MLS

APN: 4458-034-023