NOT LISTED FOR SALE

3723 Castlerock Rd Malibu, CA 90265

Estimated Value: $3,085,058 - $3,845,000

4 Beds
3 Baths
2,493 Sq Ft
$1,348/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $2,230,000 $895 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $20,783/month

153 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • No HOA
  • Webster Elementary School Rated A
  • Wood Flooring
  • Outdoor Grill

About This Home

As of February 2018

Remodeled Sunset Mesa home designed for chefs & those who love to entertain near the beach! This ocean view contemporary design home has an open floor plan w/ windows & sliding glass doors that flood the interior w/ natural light. The large living room has a gas fireplace & sliding doors that open to a private front yard. The kitchen has an expertly designed layout w/ a 6 burner Wolf range, massive center island, two sinks, & black granite countertops that go forever. The nicest kitchen you will find in the area! The dining room has high ceilings & sliding glass doors that lead you out to a patio w/ custom waterfall, a built-in bbq w/ cement countertops & ample sitting areas. The perfect place for wine & appetizers before al fresco dining! The master bed has a custom-built window above the bed that frames the waterfall & the master bath has a spa tub & walk-in closet. Sunset Mesa has sidewalks that lead to bluffs overlooking the ocean and access to award-winning schools.

Last Agent to Sell the Property

Mike Gardner

Compass License #01344290 Listed on: 08/22/2017

Compass

Last Buyer's Agent

Joseph Cilic

Sotheby's International Realty License #01421044

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,720

Year Built

  • Built in 1965

Lot Details

  • 7,618 Sq Ft Lot
  • Property is zoned LCR106

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,493 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Oven or Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4443-005-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,720

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2493
  • Stories: 1
  • Year Built: 1965
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Range/Oven
  • Price Per S Q F T: 920.58

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central, Fireplace
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4443-005-026
  • Geocode Override: No
  • Lot Size Area: 7618

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2019
Sold by
Karsh Samantha K and Karsh David M
Bought by
The David Matthew Karsh And Samantha Kle
Current Estimated Value
$3,359,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,784,000
Interest Rate
2.62%

Purchase Details

Closed on
Mar 21, 2019
Sold by
Karsh Samantha K and Karsh David M
Bought by
Kar David Matthew Karsh and Kar Samantha Klein

Purchase Details

Listed on
Aug 22, 2017
Closed on
Jan 17, 2018
Sold by
Moldin Steven O
Bought by
Karsh Samantha K and Karsh David M
Seller's Agent
Mike Gardner
Compass
Buyer's Agent
Joseph Cilic
Sotheby's International Realty
List Price
$2,295,000
Sold Price
$2,230,000
Premium/Discount to List
-$65,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$1,784,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2015
Sold by
Moldin Steven O
Bought by
Moldin Steven O and Moldin Thidar Sein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 1, 2013
Closed on
May 6, 2013
Sold by
Salem George E
Bought by
Moldin Steven O and Sien Thidar
Seller's Agent
Marc Chorin
ZARA Equity Corp.
Buyer's Agent
Brian Merrick
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$1,990,000
Premium/Discount to List
-$5,000
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$1,492,500
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
Salem Gretel F
Bought by
Salem George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Sewell Ann
Bought by
Salem George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1995
Sold by
Sewell Ann
Bought by
Sewell Ann and The Ann Sewell Family 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
The David Matthew Karsh And Samantha Kle -- Title365
Kar David Matthew Karsh -- None Available
Karsh Samantha K $2,230,000 First American Title
Moldin Steven O -- None Available
Moldin Steven O $1,990,000 Fidelity Van Nuys
Salem George E -- Equity Title Company
Salem George E $1,350,000 Equity Title Company
Sewell Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karsh David Matthew $1,731,500
Closed The David Matthew Karsh And Samantha Kle $1,784,000
Previous Owner Karsh Samantha K $1,784,000
Previous Owner Moldin Steven O $250,000
Previous Owner Moldin Steven O $150,000
Previous Owner Moldin Steven O $1,492,500
Previous Owner Salem George E $401,400
Previous Owner Salem George E $300,000
Previous Owner Salem George E $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $2,230,000 -2.8% $895 / Sq Ft
01/05/2018 01/05/18 For Sale $2,295,000 +2.9% $921 / Sq Ft
12/26/2017 12/26/17 Off Market $2,230,000 -- --
11/08/2017 11/08/17 Price Changed $2,295,000 -4.2% $921 / Sq Ft
10/30/2017 10/30/17 Price Changed $2,395,000 -3.2% $961 / Sq Ft
08/22/2017 08/22/17 For Sale $2,475,000 +24.4% $993 / Sq Ft
06/21/2013 06/21/13 Sold $1,990,000 -0.3% $798 / Sq Ft
04/12/2013 04/12/13 For Sale $1,995,000 0.0% $800 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $1,995,000 0.0% $800 / Sq Ft
05/27/2012 05/27/12 Rented $7,400 -5.1% --
05/25/2012 05/25/12 Under Contract -- -- --
03/20/2012 03/20/12 For Rent $7,800 -- --
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 $29,720 $2,283,620 $1,826,897 $456,723
2024 $29,720 $2,487,604 $1,990,084 $497,520
2023 $29,095 $2,438,828 $1,951,063 $487,765
2022 $28,754 $2,391,008 $1,912,807 $478,201
2021 $28,074 $2,344,126 $1,875,301 $468,825
2020 $27,915 $2,320,091 $1,856,073 $464,018
2019 $27,529 $2,274,600 $1,819,680 $454,920
2018 $25,196 $2,153,695 $1,722,958 $430,737
2016 $24,279 $2,070,066 $1,656,054 $414,012
2015 $23,954 $2,038,973 $1,631,179 $407,794
2014 $23,601 $1,999,033 $1,599,227 $399,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-263346

The MLS

APN: 4443-005-026