NOT LISTED FOR SALE

4235 Avenida de la Encinal Malibu, CA 90265

Estimated Value: $3,288,511 - $5,050,000

5 Beds
3 Baths
4,800 Sq Ft
$877/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $1,965,000 $409 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $25,264/month

211 Days on Market

Highlights

  • Ocean View
  • Spa
  • Bluff on Lot
  • Malibu Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of April 2013

Architectural Craftsman with unobstructed ocean views spanning the blue Pacific! Towering vaulted, beamed ceilings-Serious Chef's Gourmet kitchen-Huge living room fireplace --Downstairs game room opens to outside Bar-B-Q, lush lawn, entertainment decks and dining areas-Romantic ocean view Spa-Privacy & Serenity is waiting for you! Come see.........

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 07/09/2012

Compass

Co-Listed By

Bobette Halverson

Coldwell Banker Realty License #00946176

Last Buyer's Agent

Jesse Weinberg

Jesse Weinberg License #01435805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,306

Year Built

  • Built in 1986

Lot Details

  • 0.7 Acre Lot
  • Gated Home
  • Bluff on Lot
  • Property is zoned LCR120

Parking

  • Garage

Interior Spaces

  • 4,800 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Wood Flooring
  • Ocean Views
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Pool

  • Spa

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4473-008-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,306

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 4800
  • Year Built: 1986
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Built-Ins
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 3
  • Bedroom Features: Master Suite
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Island
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 458.33

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4473-008-023
  • Lot Description: Bluff Front
  • Lot Size Area: 30396

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Mar 5, 2013
Sold by
Reddington Lamont and Reddington Mary
Bought by
Gerber Martin and Gerber Bianca Nadine
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Jesse Weinberg
Jesse Weinberg
List Price
$2,450,000
Sold Price
$1,965,000
Premium/Discount to List
-$485,000
-19.8%
Current Estimated Value
$4,211,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,246,878
Avg. Annual Appreciation
6.34%
Original Mortgage
$1,572,000
Outstanding Balance
$1,294,894
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$2,916,984

Purchase Details

Closed on
Mar 14, 2007
Sold by
Reddington Lamont A and Reddington Mary W
Bought by
Reddington Lamont and Reddington Mary

Purchase Details

Closed on
Dec 3, 2002
Sold by
Reddington Mary W
Bought by
Reddington Lamont A and Reddington Mary W

Purchase Details

Closed on
Jan 23, 2002
Sold by
Reddington Lamont A
Bought by
Reddington Mary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
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
Gerber Martin $1,965,000 Equity Title
Reddington Lamont -- None Available
Reddington Lamont A -- American Title Co
Reddington Mary W -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerber Martin $500,000
Open Gerber Martin $1,572,000
Previous Owner Lamont & Mary Reddington Living Trust $48,217
Previous Owner Reddington Lamont A $100,000
Previous Owner Reddington Lamont A $670,000
Previous Owner Reddington Mary W $650,000
Previous Owner Reddington Lamont A $75,000
Previous Owner Reddington Lamont A $155,000
Previous Owner Reddington Lamont A $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2013 04/04/13 Sold $1,965,000 -10.7% $409 / Sq Ft
01/17/2013 01/17/13 Price Changed $2,200,000 -6.4% $458 / Sq Ft
10/10/2012 10/10/12 Price Changed $2,350,000 -4.1% $490 / Sq Ft
07/09/2012 07/09/12 For Sale $2,450,000 -- $510 / 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 $28,306 $2,419,747 $1,723,996 $695,751
2024 $28,306 $2,372,302 $1,690,193 $682,109
2023 $27,690 $2,325,787 $1,657,052 $668,735
2022 $27,380 $2,280,184 $1,624,561 $655,623
2021 $26,730 $2,235,475 $1,592,707 $642,768
2019 $26,210 $2,169,171 $1,545,467 $623,704
2018 $24,729 $2,126,639 $1,515,164 $611,475
2016 $23,826 $2,044,061 $1,456,329 $587,732
2015 $23,506 $2,013,358 $1,434,454 $578,904
2014 $23,170 $1,973,921 $1,406,356 $567,565
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2013

    Chris Cortazzo

    Compass

    (310) 457-3995

    226 Total Sales

    Chris Cortazzo
    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Bobette Halverson

    Coldwell Banker Realty

    Section Image
  • Jesse Weinberg

    Buyer's Agent in 2013

    Jesse Weinberg

    Jesse Weinberg

    (800) 804-9132

    488 Total Sales

    Jesse Weinberg
    Section Image
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Map

Source: The MLS

MLS Number: 12-611495

The MLS

APN: 4473-008-023

California Los Angeles County Malibu 90265

4235 Avenida de la Encinal, Malibu, CA

This home is located at 4235 Avenida de la Encinal, Malibu, CA 90265 since 09 July 2012 and is currently estimated at $4,211,878, approximately $877 per square foot. This property was built in 1986. 4235 Avenida de la Encinal is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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