NOT LISTED FOR SALE

5694 Calpine Dr Malibu, CA 90265

Estimated Value: $3,162,000 - $3,770,584

2 Beds
2 Baths
2,033 Sq Ft
$1,686/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $2,000,000 $984 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $20,173/month

31 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • Heated In Ground Pool
  • Malibu Elementary School Rated A
  • Art Studio
  • Fireplace in Primary Bedroom

About This Home

As of December 2017

Jewel by the sea in Malibu Park on 1.1 acres. Need room for horses? Equestrian estate w/ unmatched views, beautifully landscaped & loved by one family for many years. 2bd/2ba roomy ranch bathed in natural light & infused w/ artistry throughout. Inviting interior w/ fresh paint, redone hrdwd flrs & walls of glass showcasing incredible surroundings. Open living rm w/ frplc/dining area/family rm. Light & airy studio ideal for artist/writer/architect or as mother-in-law. A small cabin perched on the hill is perfect private office or meditation space. Expansive grounds incl pool & fountain, mature trees & succulents plus several pathways & tranquil plateaus - a true artist's retreat. Fantastic horse property w/ stalls for up to 8 horses, tack room, hay barn, riding ring & nearby trails. Next to Zuma Beach, Malibu Schools, Trancas & Point Dume shopping & restaurants. Great opportunity to move in & expand or develop on a large scale. With endless possibilities, this is an incomparable value!

Last Agent to Sell the Property

Pete Castro

Compass License #01161881 Listed on: 10/06/2017

Compass

Co-Listed By

Tanya Starcevich

Keller Williams Los Angeles License #01864259

Last Buyer's Agent

Consuela Kielbowicz

Del Rey Urban Brokerage Inc License #01733753

Del Rey Urban Brokerage Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 1.11 Acre Lot
  • Property is zoned LCRA20000*

Property Views

  • Ocean
  • Panoramic
  • Peek-A-Boo
  • Canyon
  • Mountain

Interior Spaces

  • 2,033 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Art Studio
  • Utility Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Studio bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Converted Garage
  • Side by Side Parking

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4467-025-007

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2033
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 1106.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Canyon, Mountains, Ocean, Panoramic, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Carport, Carport Detached, Side By Side
  • Total Parking: 2

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 4467-025-007
  • Geocode Override: No
  • Lot Size Area: 48567

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Nov 20, 2017
Sold by
Morgenstern David and Morgenstern Laurie Revocable T
Bought by
Hutman Mark Alan and Cravey Aran Farrar
Seller's Agent
Pete Castro
Compass
Buyer's Agent
Consuela Kielbowicz
Del Rey Urban Brokerage Inc
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%
Current Estimated Value
$3,427,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,427,896
Avg. Annual Appreciation
6.97%
Original Mortgage
$500,000
Outstanding Balance
$428,846
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,999,050

Purchase Details

Closed on
Jun 4, 2013
Sold by
Morgenstern David and Morgenstern Leon
Bought by
Morgenstern David and Laurie Morgenster Revocable Tr

Purchase Details

Closed on
Apr 4, 2001
Sold by
Morgenstern Leon and Morgenstern Laurie
Bought by
Morgenstern Leon and Morgenstern Laurie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hutman Mark Alan $2,000,000 Fidelity Sherman Oaks
Morgenstern David -- None Available
Morgenstern Leon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutman Mark Alan $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $2,000,000 -11.1% $984 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $2,250,000 -- $1,107 / 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 $26,559 $2,275,654 $1,820,524 $455,130
2024 $26,559 $2,231,034 $1,784,828 $446,206
2023 $26,037 $2,187,289 $1,749,832 $437,457
2022 $25,680 $2,144,402 $1,715,522 $428,880
2021 $25,069 $2,102,356 $1,681,885 $420,471
2019 $24,052 $1,999,200 $1,632,000 $367,200
2018 $23,312 $2,000,000 $1,600,000 $400,000
2016 $3,485 $253,388 $121,808 $131,580
2015 $3,437 $249,583 $119,979 $129,604
2014 $3,426 $244,695 $117,629 $127,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-278124

The MLS

APN: 4467-025-007