NOT LISTED FOR SALE

3616 Shoreheights Dr Malibu, CA 90265

Estimated Value: $2,670,000 - $4,142,000

3 Beds
3.5 Baths
2,464 Sq Ft
$1,365/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $3,000,000 $1,218 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $21,365/month

Highlights

  • White Water Ocean Views
  • Contemporary Architecture
  • Den
  • Webster Elementary School Rated A
  • Wood Flooring
  • Community Fire Pit

About This Home

As of October 2022

Enjoy amazing panoramic views of the Queens Necklace, Pacific Ocean and Santa Monica Mountains from this exquisite newly remodeled 3 Br, office/den, 3.5 en-suite baths completed in September'22, situated at the top of highly desirable Sunset Mesa. A beautiful single-level indoor/outdoor transitional home which features fully retractable pocketed Fleetwood doors that capture the expansive views and spectacular sunsets, adjoining to an open floor plan that flows to the kitchen, living room and master suite. Superior details include high ceilings, imported white oak flooring, chefs kitchen, open dining area, a fireplace, Sonos sound system, and security camera/ alarm system. The outdoor patio complete with a fire pit, creates room to entertain overlooking the Pacific Ocean to experience the most desirable California lifestyle. Close to beautiful beaches, hiking trails, Pacific Palisades Village, and Malibu Center for dining and shopping destinations. A two car garage with electric vehicle charger, a separate laundry room, and pantry complete the offering. This property is also available partially furnished.

Last Agent to Rent the Property

Lola Ross

Rodeo Realty - Pacific Palisades License #01451829 Listed on: 09/22/2022

Rodeo Realty - Pacific Palisades

Last Renter's Agent

Nicholas Sandler

The Agency License #02003365

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,974

Year Built

  • Built in 1965

Lot Details

  • 6,567 Sq Ft Lot
  • Property is zoned LCR106

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Catalina
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,464 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Electric Vehicle Home Charger

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Security Deposit $38,000
  • Tenant pays for gas, insurance, move in fee, move out fee, electricity, cable TV, water, special
  • 12 Month Lease Term
  • Assessor Parcel Number 4443-015-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,974

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 38000
  • Tenant Pays: Gas, Insurance, Move In Fee, Move Out Fee, Electricity, Cable TV, Water, Special

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2464
  • Lot Acreage: 0.1508
  • Stories: 1
  • Year Built: 1965
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Washer, Built-Ins, Freezer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 7.71

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: City Lights, Coastline, White Water, Ocean, Mountains, Catalina, Hills, Bay, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Direct Entrance, Electric Vehicle Charging Station(s)
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Amenities: Fire Pit
  • Pet Rules: Call

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4443-015-019
  • Lot Size Area: 6567

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Aug 16, 2021
Sold by
Krueger Luis F and Jes Revocable Trust
Bought by
Shoreheights Mesa Properties Llc
Seller's Agent
Elizabeth Seaman
Coldwell Banker Realty
Buyer's Agent
Kathryn Werner
List Price
$2,995,000
Sold Price
$3,000,000
Premium/Discount to List
$5,000
0.17%
Current Estimated Value
$3,362,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,135
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Aug 28, 2019
Sold by
Krueger Luis F
Bought by
Krueger Luis F and The Jes Revocable Trust

Purchase Details

Closed on
Apr 12, 2018
Sold by
Krueger Luis
Bought by
Krueger Luis F and The Jes Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2016
Sold by
Krueger Luis F
Bought by
Krueger Luis F and Jes Revocable Trust

Purchase Details

Closed on
Oct 21, 2002
Sold by
Krueger Ana L
Bought by
Krueger Luis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,968
Interest Rate
5.99%
Mortgage Type
Seller Take Back
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
Shoreheights Mesa Properties Llc $3,000,000 Usa National Title
Krueger Luis F -- None Available
Krueger Luis F -- Ticor Title Company
Krueger Luis -- Ticor Title
Krueger Luis F -- None Available
Krueger Luis F $450,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krueger Luis $1,450,000
Previous Owner Krueger Luis F $1,000,000
Previous Owner Krueger Luis F $450,000
Previous Owner Krueger Luis F $370,000
Previous Owner Krueger Luis F $450,000
Previous Owner Krueger Luis F $174,968
Previous Owner Krueger Ana L $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Rented $20,000 +5.3% --
09/22/2022 09/22/22 For Rent $19,000 0.0% --
08/02/2021 08/02/21 Sold $3,000,000 +0.2% $1,218 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $2,995,000 -- $1,216 / 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 $36,974 $2,865,262 $2,292,210 $573,052
2024 $36,974 $3,121,200 $2,496,960 $624,240
2023 $36,218 $3,060,000 $2,448,000 $612,000
2022 $35,798 $3,000,000 $2,400,000 $600,000
2021 $6,250 $447,111 $99,196 $347,915
2020 $6,212 $442,527 $98,179 $344,348
2019 $6,126 $433,851 $96,254 $337,597
2018 $5,775 $425,345 $94,367 $330,978
2016 $5,461 $408,830 $90,703 $318,127
2015 $5,389 $402,690 $89,341 $313,349
2014 $5,329 $394,802 $87,591 $307,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-202043

The MLS

APN: 4443-015-019