NOT LISTED FOR SALE

42610 Pacific Coast Hwy Malibu, CA 90265

Estimated Value: $4,384,000 - $5,835,000

3 Beds
2 Baths
2,208 Sq Ft
$2,383/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $3,150,000 $1,427 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $30,653/month

98 Days on Market

Highlights

  • Beach Front
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • White Water Ocean Views
  • Deck
  • High Ceiling

About This Home

As of June 2015

Breathtaking views from this ocean front 3-bedroom, 1-story home located near County Line beach. Grandeur interior offers volume ceilings, custom built-ins, and walls of glass doors that open out to the lounging deck. Enjoy panoramic views of the surf, Channel Islands and sunsets from the spacious entertainment area, open-concept kitchen with breakfast bar, dining, and the master suite. The secondary bedrooms include ceiling fans and mirrored wardrobes. Other features include a marble lined fireplace and ceiling fan in master bedroom, tile flooring and recess lighting in the main living area, indoor laundry room, and direct access to the 2-car garage. A private stairway leads down to the beach under the residence.

Last Agent to Sell the Property

Dave White

Sotheby's International Realty License #00701498 Listed on: 01/07/2015

Sotheby's International Realty

Co-Listed By

Fritz Kling

License #00521754

Last Buyer's Agent

Shelhee Gal-Kossover

Uniquely Real Estate License #01721758

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,969

Year Built

  • Built in 1995

Lot Details

  • 9,660 Sq Ft Lot
  • Beach Front
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage

Property Views

  • White Water Ocean
  • Coastline
  • Hills

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Alarm System
  • Breakfast Bar
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Additional Features

  • Deck
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 700-0-080-095

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,969

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Breathtaking views from this ocean front 3-bedroom, 1-story home located near County Line beach. Grandeur interior offers volume ceilings, custom built-ins, and walls of glass doors that open out to the lounging deck. Enjoy panoramic views of the surf, Channel Islands and sunsets from the spacious entertainment area, open-concept kitchen with breakfast bar, dining, and the master suite. The secondary bedrooms include ceiling fans and mirrored wardrobes. Other features include a marble lined fireplace and ceiling fan in master bedroom, tile flooring and recess lighting in the main living area, indoor laundry room, and direct access to the 2-car garage. A private stairway leads down to the beach under the residence.
  • Entry Location: Ground Level w/steps
  • Living Area: 2208
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1995
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Tile
  • Appliances: Built-Ins
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Counter Top
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 1492.30

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors
  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool: No
  • View: Coastline, Hills, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Direct Entrance, Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 700-0-080-095
  • Geocode Override: No
  • Lot Location: Beach Front
  • Lot Size Area: 9660

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2015
Closed on
Jun 23, 2015
Sold by
Chapman Julie A and Schnaid David M
Bought by
42610 Malibu Ocean Property Llc
Seller's Agent
Dave White
Sotheby's International Realty
Buyer's Agent
Shelhee Gal-Kossover
Uniquely Real Estate
List Price
$3,450,000
Sold Price
$3,150,000
Premium/Discount to List
-$300,000
-8.7%
Current Estimated Value
$5,014,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,864,389
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Apr 19, 2015
Sold by
Chapman Julie A and Schnaid David M
Bought by
42610 Malibu Ocean Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,001
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2007
Sold by
Chapman Julie A
Bought by
Chapman Julie A and Schnaid David M

Purchase Details

Closed on
Sep 10, 1997
Sold by
Chapman Niles D and Chapman Patricia J
Bought by
Chapman Julie A

Purchase Details

Closed on
Jan 25, 1995
Sold by
Chapman Niles D and Chapman Patricia J
Bought by
Chapman Niles D and Chapman Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,500
Interest Rate
9.28%
Mortgage Type
Construction
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
42610 Malibu Ocean Property Llc -- Equity Title Company
42610 Malibu Ocean Property Llc $3,150,000 Equity Title Company
Chapman Julie A -- None Available
Chapman Julie A -- --
Chapman Niles D -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 42610 Malibu Ocean Property Llc $2,000,001
Previous Owner Chapman Niles D $506,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2015 06/23/15 Sold $3,150,000 -4.4% $1,427 / Sq Ft
04/06/2015 04/06/15 Price Changed $3,295,000 -4.5% $1,492 / Sq Ft
01/07/2015 01/07/15 For Sale $3,450,000 -- $1,563 / 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 $39,969 $3,785,822 $2,644,068 $1,141,754
2024 $39,969 $3,711,591 $2,592,224 $1,119,367
2023 $40,910 $3,638,815 $2,541,396 $1,097,419
2022 $38,956 $3,567,466 $2,491,565 $1,075,901
2021 $38,297 $3,497,516 $2,442,711 $1,054,805
2020 $38,707 $3,461,655 $2,417,665 $1,043,990
2019 $37,524 $3,393,780 $2,370,260 $1,023,520
2018 $36,972 $3,327,236 $2,323,785 $1,003,451
2017 $35,800 $3,261,997 $2,278,221 $983,776
2016 $34,743 $3,198,037 $2,233,550 $964,487
2015 $3,576 $324,154 $96,093 $228,061
2014 -- $317,806 $94,211 $223,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-877779

The MLS

APN: 700-0-080-095