NOT LISTED FOR SALE

3605 Forest Gate Cir Malibu, CA 90265

Estimated Value: $4,329,000 - $6,024,000

4 Beds
3.5 Baths
4,386 Sq Ft
$1,167/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2019

Last sale price $3,400,000 $775 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $31,237 / mo

36 Days on Market

Highlights

  • Ocean View
  • Room in yard for a pool
  • Traditional Architecture
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of October 2019

Sweeping views framed by trees & blue sky make this home a Malibu dream. From front yard ocean views, you enter the home by a grand 2-story foyer. A perfect entrance for an elegant home w/ the finest details. French doors & windows infuse light & fresh air. Blue water views from living rm & formal din rm capture your gaze while 2nd story views mesmerize. The master suite has a wood burning fireplace, soaking tub, gracious closet & connected office w/ balcony & ocean views. Easy entertaining w/ indoor-outdoor flow from fam, kit, bkfst & living rms. Private backyard has built-in grill, dining/lounging, plentiful grass & room to garden. The 4th en-suite bedroom is located off yard w/ sep entrance. Chef's kitchen has island, bar w/ built-in wine fridge, granite countertops & sub-zero, Viking & Bosch. Ample storage & large 2 car garage. Beach access via hide-away trail. Within Malibu Country Estates, you have the option to join the exclusive Crest Club at Pepperdine University.

Last Agent to Sell the Property

Marny Maslon

Douglas Elliman of California, Inc. License #01322584 Listed on: 07/15/2019

Douglas Elliman of California, Inc.

Last Buyer's Agent

Dittany Zhang Seltzer

Sunoom Realty License #01960099

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 19,440 Sq Ft Lot
  • Property is zoned LCR112000*

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Driveway

Property Views

  • Ocean
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,386 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4458-034-021

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0.45 Acres

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Malibu Country Estates
  • Living Area: 4386
  • Stories: 2
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 819.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Catalina, City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 250.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4458-034-021
  • Geocode Override: No
  • Lot Size Area: 19440

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Oct 10, 2019
Sold by
Pacos Greg M and Pacos Catherine A
Bought by
Yao Meng
Seller's Agent
Marny Maslon
Douglas Elliman of California, Inc.
Buyer's Agent
Dittany Zhang Seltzer
Sunoom Realty
List Price
$3,725,000
Sold Price
$3,400,000
Premium/Discount to List
-$325,000
-8.72%
Current Estimated Value
$5,116,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,716,563
Avg. Annual Appreciation
6.54%
Original Mortgage
$1,870,000
Outstanding Balance
$1,674,443
Interest Rate
4.75%
Estimated Equity
$3,442,120

Purchase Details

Closed on
Feb 17, 2016
Sold by
Pacos Greg M and Pacos Catherine A
Bought by
Pacos Family Trust

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 13, 2015
Sold by
Ashforth Thomas Markley and Ashforth Cynthia Leigh
Bought by
Pacos Greg M and Pacos Catherine A
Seller's Agent
Gayle Pritchett-Macleod
Sotheby's International Realty
Buyer's Agent
Marny Maslon
Douglas Elliman of California, Inc.
List Price
$2,950,000
Sold Price
$2,900,000
Premium/Discount to List
-$50,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%

Purchase Details

Closed on
May 14, 2010
Sold by
Ashforth Cynthia L and Ashforth Thomas M
Bought by
Ashforth Thomas Markley and Ashforth Cynthia Leigh

Purchase Details

Closed on
Sep 5, 2007
Sold by
Ashforth Cynthia L and Ashforth Thomas M
Bought by
Ashforth Cynthia L and Ashforth Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2004
Sold by
Hafer Cynthia L
Bought by
Ashforth Thomas M and Hafer Cynthia L

Purchase Details

Closed on
Mar 26, 2003
Sold by
Hafer Cynthia L
Bought by
Hafer Cynthia L and Ashforth Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5.79%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Hafer Cynthia L
Bought by
Hafer Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.86%

Purchase Details

Closed on
Oct 14, 1998
Sold by
Hafer Gary A
Bought by
Hafer Cynthia L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Yao Meng $3,400,000 Lawyers Title Company
Pacos Family Trust -- None Available
Pacos Greg M $2,900,000 Fidelity National Title Co
Ashforth Thomas Markley -- Chicago Title
Ashforth Cynthia L -- Custom Title Solutions
Ashforth Thomas M -- --
Hafer Cynthia L -- Landsafe Title
Hafer Cynthia L -- Commonwealth Land Title Co
Hafer Cynthia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yao Meng $1,870,000
Previous Owner Ashforth Cynthia L $1,000,000
Previous Owner Hafer Cynthia L $496,000
Previous Owner Hafer Cynthia L $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2019 10/18/19 Sold $3,400,000 -5.4% $775 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $3,595,000 -3.5% $820 / Sq Ft
07/15/2019 07/15/19 For Sale $3,725,000 +28.4% $849 / Sq Ft
05/22/2015 05/22/15 Sold $2,900,000 -1.7% $661 / Sq Ft View Prior Sale
04/25/2015 04/25/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $2,950,000 -- $673 / Sq Ft
Source: The MLS

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 $43,925 $3,718,392 $2,343,900 $1,374,492
2024 $43,925 $3,645,484 $2,297,942 $1,347,542
2023 $43,063 $3,574,005 $2,252,885 $1,321,120
2022 $42,575 $3,503,927 $2,208,711 $1,295,216
2021 $41,586 $3,435,223 $2,165,403 $1,269,820
2020 $41,356 $3,400,000 $2,143,200 $1,256,800
2019 $38,287 $3,124,432 $1,541,530 $1,582,902
2018 $36,353 $3,063,169 $1,511,304 $1,551,865
2016 $35,050 $2,944,224 $1,452,619 $1,491,605
2015 $11,914 $893,616 $323,103 $570,513
2014 $11,773 $876,112 $316,774 $559,338
Source: Public Records

Agents Affiliated with this Home

  • Marny Maslon

    Seller's Agent in 2019

    Marny Maslon

    Douglas Elliman of California, Inc.

    (310) 480-7197

    78 Total Sales

    Marny Maslon
    Section Image
  • Gayle Pritchett-Macleod

    Seller's Agent in 2015

    Gayle Pritchett-Macleod

    Sotheby's International Realty

    (310) 748-1580

    30 Total Sales

    Gayle Pritchett-Macleod
    Section Image
  • Wailani O'Herlihy

    Seller Co-Listing Agent in 2015

    Wailani O'Herlihy

    Sotheby's International Realty

    (310) 980-1195

    21 Total Sales

    Wailani O'Herlihy
    Section Image
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Map

Source: The MLS

MLS Number: 19-487208

The MLS

APN: 4458-034-021

California Los Angeles County Malibu 90265

3605 Forest Gate Cir, Malibu, CA

Not Listed for Sale

Detached

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