NOT LISTED FOR SALE

Estimated Value: $4,309,722 - $5,361,000

4 Beds
4 Baths
4,350 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $165,000 $38 Per Sq Ft

Est. 2,840% increase in value since last sale

Current estimated payment $30,171/month

About This Home

As of September 2018

Available for Long or Short term Lease starting June 26 - furnished and ready to go. Welcome to this warm and inviting Romantic Tuscan Inspired Ocean View home. This impeccably crafted three story custom home is artfully designed into the hillside. Every room opens to mesmerizing ocean views inviting the outdoors in. You enter the home through a lush courtyard featuring a stone fountain. The dramatic entry through double doors opens to a grand living & entertainment area. Architecturally enhanced ceilings, stone masonry fireplace, chef's kitchen and wooden doors that stack open create the perfect atmosphere. The primary suite is a quiet and peaceful sanctuary where you can relax and enjoy the fresh ocean breeze. It opens out to a beautiful deck, and features a giant walk in shower and separate tub. There are two other spacious bedroom suites and a large office which could be used as a bedroom. The media room with antique bar and gym area opens to a spa and a beautifully landscaped backyard and terraced rose and herb garden. Located in the desirable La Costa area of Malibu with easy access to PCH and Santa Monica. La Costa Beach Tenant Membership available for additional fee. Call Agent for short term pricing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Alpern Ethan J
Bought by
Alpern Ethan and Alpern Lousine
Current Estimated Value
$4,850,241

Purchase Details

Listed on
Aug 20, 2012
Closed on
Mar 18, 2013
Sold by
Shockro Michael J
Bought by
Alpern Ethan J and Alpern Lousine
Seller's Agent
Susan Monus
Coldwell Banker Realty
Buyer's Agent
Gina Longo
Coldwell Banker Realty
List Price
$2,895,000
Sold Price
$2,400,000
Premium/Discount to List
-$495,000
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$1,680,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2006
Sold by
Nichols David J and Nichols Sallyann Parker
Bought by
Shockro Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2002
Sold by
3854 R O Llc
Bought by
Nichols David J

Purchase Details

Closed on
Nov 14, 2001
Sold by
Scott Richard N
Bought by
3854 R O Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2001
Sold by
3854 R O Llc
Bought by
Scott Richard N

Purchase Details

Closed on
Sep 25, 2000
Sold by
Scott Richard N
Bought by
3854 R O Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$859,000
Interest Rate
8.62%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2000
Sold by
3854 R O Llc
Bought by
Scott Richard N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$859,000
Interest Rate
8.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 1998
Sold by
Scott Richard N
Bought by
3854 R O Llc

Purchase Details

Closed on
Nov 30, 1994
Sold by
Riley James P and Riley Christine
Bought by
Riley James P
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
Alpern Ethan -- None Available
Alpern Ethan J $2,400,000 Equity Title
Shockro Michael J $2,850,000 Equity Title Company
Nichols David J -- --
3854 R O Llc -- --
Scott Richard N -- --
3854 R O Llc -- --
Scott Richard N -- First American Title Co
3854 R O Llc -- --
Riley James P -- --
Riley James P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alpern Ethan $1,687,000
Previous Owner Alpern Ethan J $1,680,000
Previous Owner Shockro Michael J $1,820,000
Previous Owner Shockro Michael J $1,820,000
Previous Owner Shockro Michael J $2,099,500
Previous Owner Shockro Michael J $2,280,000
Previous Owner Nichols David J $2,000,000
Previous Owner Scott Richard N $100,000
Previous Owner Scott Richard N $859,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Rented $15,000 0.0% --
05/03/2023 05/03/23 Price Changed $15,000 -6.3% $3 / Sq Ft
04/13/2023 04/13/23 For Rent $16,000 0.0% --
06/15/2022 06/15/22 Rented $16,000 -3.0% --
05/23/2022 05/23/22 Price Changed $16,500 -10.8% $4 / Sq Ft
05/14/2022 05/14/22 For Rent $18,500 0.0% --
09/24/2018 09/24/18 Sold $165,000 0.0% $38 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $165,000 -93.1% $38 / Sq Ft
04/26/2013 04/26/13 Sold $2,400,000 -3.8% $552 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
11/02/2012 11/02/12 Price Changed $2,495,000 -5.8% $574 / Sq Ft
08/23/2012 08/23/12 Price Changed $2,650,000 -8.5% $609 / Sq Ft
08/20/2012 08/20/12 For Sale $2,895,000 -- $666 / Sq Ft

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
2024 $35,323 $2,897,471 $1,271,264 $1,626,207
2023 $34,719 $2,840,659 $1,246,338 $1,594,321
2022 $34,221 $2,784,960 $1,221,900 $1,563,060
2021 $33,367 $2,730,354 $1,197,942 $1,532,412
2019 $32,527 $2,649,371 $1,162,411 $1,486,960
2018 $30,856 $2,597,423 $1,139,619 $1,457,804
2016 $29,599 $2,496,564 $1,095,367 $1,401,197
2015 $29,163 $2,459,064 $1,078,914 $1,380,150
2014 $28,786 $2,410,895 $1,057,780 $1,353,115
Source: Public Records

Agents Affiliated with this Home

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