NOT LISTED FOR SALE

Estimated Value: $3,479,607 - $5,345,000

4 Beds
3.5 Baths
2,495 Sq Ft
$1,776/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $2,888,000 $1,158 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $27,260/month

6 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of January 2017

Perched conveniently above PCH and La Costa Beach, this architectural showpiece presents luxurious Malibu living against panoramic ocean views. This striking steel and glass home designed by Architect Ed Niles is filled with natural light and features dramatic skylights, limestone floors and granite countertops. Unwind and soak in the in views of crashing waves from two sunny balconies. Spacious master suite completed with fireplace, large walk-in closet, dual vanities and spa tub. Minutes away from everything Malibu has to offer including family friendly Malibu pier and world class dining. Membership to the exclusive and coveted La Costa Beach Club is available for an annual fee.

Last Agent to Sell the Property

Jonathan Ruiz

The Agency License #01886713 Listed on: 01/06/2017

The Agency

Last Buyer's Agent

Santiago Arana

The Agency License #01492489

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,645

Year Built

  • Built in 2000

Lot Details

  • 5,831 Sq Ft Lot
  • Hillside Location
  • Property is zoned LCR110

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,495 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4451-018-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,645

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2495
  • Stories: 2
  • Year Built: 2000
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Carpet, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Price Per S Q F T: 1052.10

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean, Tree Top, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4451-018-006
  • Geocode Override: No
  • Lot Location: Hillside
  • Lot Size Area: 5831

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Krueger Dana Summer and Krueger Andrew Logan
Bought by
Drew & Dana Joint Trust
Current Estimated Value
$4,430,869

Purchase Details

Listed on
Jan 6, 2017
Closed on
Jan 17, 2017
Sold by
Mahmoodzadegan Navid
Bought by
Krueger Dana Summer and Andresen Andrew Logan
Seller's Agent
Jonathan Ruiz
The Agency
Buyer's Agent
Santiago Arana
The Agency
List Price
$2,625,000
Sold Price
$2,888,000
Premium/Discount to List
$263,000
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Sep 5, 2001
Sold by
Pacific Home Developers Llc
Bought by
Frankel Kevin A

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
6.12%

Purchase Details

Closed on
Dec 28, 1998
Sold by
Coast Management Inc
Bought by
Pacific Home Developers Llc

Purchase Details

Closed on
Dec 30, 1997
Sold by
Trust Bradley Emily J Co Tr Bradley Fami and Bradley Raymond G
Bought by
Investors Management Group Inc

Purchase Details

Closed on
Apr 25, 1994
Sold by
Schem Gregory F and Schem Debbie B
Bought by
The Bradley Revocable 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
Drew & Dana Joint Trust -- None Listed On Document
Krueger Dana Summer $2,888,000 Fidelity National Title Co
Frankel Kevin A $1,500,000 Equity Title
Pacific Home Developers Llc -- --
Investors Management Group Inc $290,000 Commonwealth Land Title Co
The Bradley Revocable Family Trust $185,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andresen Andrew L $1,900,000
Previous Owner Frankel Kevin A $813,600
Previous Owner Frankel Kevin A $967,200
Previous Owner Frankel Kevin A $980,650
Previous Owner Frankel Kevin A $1,000,000
Previous Owner Pacific Home Developers Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $2,888,000 +10.0% $1,158 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $2,625,000 -- $1,052 / 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 $39,645 $1,041,271 $1,041,271 --
2024 $39,645 $3,286,048 $1,570,545 $1,715,503
2023 $38,961 $3,221,616 $1,539,750 $1,681,866
2022 $38,417 $3,158,448 $1,509,559 $1,648,889
2021 $37,478 $3,096,518 $1,479,960 $1,616,558
2019 $36,558 $3,004,675 $1,436,064 $1,568,611
2018 $34,683 $2,945,760 $1,407,906 $1,537,854
2016 $22,372 $1,871,898 $1,247,934 $623,964
2015 $22,031 $1,843,781 $1,229,189 $614,592
2014 $21,764 $1,807,664 $1,205,111 $602,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-190578

The MLS

APN: 4451-018-006