NOT LISTED FOR SALE

Estimated Value: $3,594,152 - $5,627,000

4 Beds
3.5 Baths
4,127 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $2,700,000 $654 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $29,158/month

49 Days on Market

Highlights

  • Ocean View
  • Gourmet Kitchen
  • Cathedral Ceiling
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of October 2017

Priced to sell! Come and enjoy this romantic hacienda in the La Costa Hills of Malibu. Designed by Doug Burdge AIA, the home is centrally located only minutes to Santa Monica or downtown Malibu. Enjoy outdoor living with a central patio offering a BBQ, ideal for entertaining. There are 4 BR, loft/office & 3.5 BA. This finely crafted home offers many custom features including vaulted wooden ceilings, custom tile & cabinetry & stained Saltillo tile. There are ocean views from the living and family/media room and includes a central courtyard with a BBQ. Located on a cul-de-sac street there is ample street parking. Beach and tennis club rights are included with this home. Enjoy the splendor of the Malibu lifestyle

Last Agent to Sell the Property

Cormac O'Herlihy

Sotheby's International Realty License #00787980 Listed on: 09/01/2017

Co-Listed By

Wailani O'Herlihy

Sotheby's International Realty License #01264113

Last Buyer's Agent

Joseph Rocca

HomeSmart, Evergreen Realty License #00604458

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,789

Year Built

  • Built in 1999

Lot Details

  • 8,631 Sq Ft Lot
  • Property is zoned LCR110000*

Property Views

  • Ocean
  • Canyon
  • Mountain
  • Hills
  • Courtyard

Home Design

  • Spanish Architecture

Interior Spaces

  • 4,127 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Tile Flooring
  • Alarm System
  • Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • Garage
  • Driveway

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4451-015-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,789

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 4127
  • Stories: 1
  • Year Built: 1999
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Furnished, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Tile
  • Appliances: Built-Ins, Cooktop - Gas, Double Oven, Oven, Range Hood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Family Room, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Trash Compactor
  • Price Per S Q F T: 690.57

Exterior Features

  • Construction: Hard Coat
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Courtyard, Hills, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4451-015-038
  • Geocode Override: No
  • Lot Size Area: 8631

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Rocca Ryan Salvatore and Rocca Stephanie Erin
Bought by
Phillips Christopher W and Phillips Fermina S
Current Estimated Value
$4,779,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,170,000
Outstanding Balance
$1,932,770
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,846,947

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 24, 2017
Sold by
Cahill Timothy J and Cahill Tracy L
Bought by
Rocca Ryan Salvatore and Rocca Stephanie Erin
Seller's Agent
Cormac O'Herlihy
Sotheby's International Realty
Buyer's Agent
Joseph Rocca
HomeSmart, Evergreen Realty
List Price
$2,850,000
Sold Price
$2,700,000
Premium/Discount to List
-$150,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$2,025,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2012
Sold by
Cahill Timothy J and Cahill Tracy L
Bought by
Cahill Timothy J and Cahill Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2001
Sold by
Cahill Timothy J and Cahill Tracy L
Bought by
Cahill Timothy J and Cahill Tracy L

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
Unknown

Purchase Details

Closed on
Oct 19, 2000
Sold by
Burdge Douglas and Burdge Laura
Bought by
Cahill Timothy J and Cahill Tracy L

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
7.5%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Burrows Todd and Burrows Jami
Bought by
Burdge Douglas and Burdge Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
7.46%

Purchase Details

Closed on
Aug 19, 1996
Sold by
Fox Joan S
Bought by
Burrows Todd A and Burrows Jami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 29, 1993
Sold by
Hastings Joan Susan
Bought by
Fox Joan Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

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Average Value
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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
Phillips Christopher W $3,100,000 Lawyers Title Company
Rocca Ryan Salvatore $2,700,000 Lawyers Title
Cahill Timothy J -- Fidelity National Title Co
Cahill Timothy J -- --
Cahill Timothy J $1,449,000 Equity Title Company
Burdge Douglas $192,000 Old Republic Title Company
Burrows Todd A $140,000 Old Republic Title Company
Fox Joan Susan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Christopher W $2,170,000
Previous Owner Rocca Ryan Salvatore $2,025,000
Previous Owner Cahill Timothy J $1,527,500
Previous Owner Cahill Timothy J $1,417,000
Previous Owner Cahill Timothy J $1,430,000
Previous Owner Cahill Timothy J $1,000,000
Previous Owner Cahill Timothy J $975,000
Previous Owner Cahill Timothy J $500,000
Previous Owner Cahill Timothy J $716,298
Previous Owner Cahill Timothy J $100,000
Previous Owner Cahill Timothy J $1,000,000
Previous Owner Cahill Timothy J $1,000,000
Previous Owner Burdge Douglas $75,000
Previous Owner Burdge Douglas $617,300
Previous Owner Burdge Douglas $124,800
Previous Owner Burrows Todd A $105,000
Previous Owner Fox Joan Susan $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $2,700,000 -5.3% $654 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $2,850,000 -- $691 / 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 $39,789 $1,744,880 $1,744,880 --
2024 $39,789 $3,289,743 $2,631,795 $657,948
2023 $39,104 $3,225,240 $2,580,192 $645,048
2022 $38,558 $3,162,000 $2,529,600 $632,400
2021 $37,614 $3,100,000 $2,480,000 $620,000
2020 $34,297 $2,809,079 $1,782,725 $1,026,354
2019 $33,738 $2,754,000 $1,747,770 $1,006,230
2018 $31,959 $2,700,000 $1,713,500 $986,500
2016 $22,100 $1,844,418 $752,530 $1,091,888
2015 $21,763 $1,816,714 $741,227 $1,075,487
2014 $21,503 $1,781,128 $726,708 $1,054,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-266446

The MLS

APN: 4451-015-038