NOT LISTED FOR SALE

5851 Ramirez Canyon Rd Malibu, CA 90265

Estimated Value: $3,188,000 - $7,492,000

3 Beds
2 Baths
1,849 Sq Ft
$2,320/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $2,055,000 $1,111 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $24,305/month

562 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • No HOA
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • Air Conditioning

About This Home

As of July 2017

Charming, pastoral & rare are just some of the words that come to mind when you set foot on this one-of-a-kind property. Located on 2 acres, this 2-bed ranch house sits along a seasonal stream amid mature oaks & sycamore trees The home has been extensively renovated & features 2 wood-burning fireplaces, a living room w/ vaulted ceiling & an oversized skylight, as well as a an updated kitchen. There is a separate 2-car garage w/ interior stairs leading to a 2nd story that was once used as the residence's guest quarters. Cross one of 2 bridges over the stream to stairs that lead to the upper portion of the 2-acre lot. Here you will find a gently sloped terrace surrounded by old-growth oak trees & an open area. The beach at Paradise Cove is easily within walking distance. Plans approved in 2008 are available. No showings until May 25th.

Last Agent to Sell the Property

Mike Gardner

Compass License #01344290 Listed on: 11/16/2015

Compass

Last Buyer's Agent

Karen Nation

Douglas Elliman License #01422206

Douglas Elliman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 2.01 Acre Lot
  • Property is zoned LCRA1*

Parking

  • 2 Covered Spaces

Interior Spaces

  • 1,849 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4467-008-001

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

2.01 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 1849
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Fireplace: Yes
  • Price Per S Q F T: 1187.13

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 4467-008-001
  • Geocode Override: No
  • Lot Size Area: 87584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jul 6, 2017
Sold by
Sternberg Sandra R
Bought by
Olan David
Seller's Agent
Mike Gardner
Compass
Buyer's Agent
Karen Nation
Douglas Elliman
List Price
$2,195,000
Sold Price
$2,055,000
Premium/Discount to List
-$140,000
-6.38%
Current Estimated Value
$4,289,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,234,715
Avg. Annual Appreciation
8.88%

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jun 28, 2017
Sold by
Olan Sharon
Bought by
Olan David R
Seller's Agent
Mike Gardner
Compass
Buyer's Agent
Karen Nation
Douglas Elliman
List Price
$2,195,000
Sold Price
$2,055,000
Premium/Discount to List
-$140,000
-6.38%

Purchase Details

Closed on
Dec 20, 2004
Sold by
Sternberg Sandra R
Bought by
Sternberg Sandra R and Sandra R Sternberg Trust

Purchase Details

Closed on
Jun 11, 2003
Sold by
Holst Jens Stephen and Holst Veronica
Bought by
Sternberg Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1998
Sold by
Gladys M Harter M and Gladys Jack R
Bought by
Holst Jens Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
10.25%
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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Purchase History

Date Buyer Sale Price Title Company
Olan David $2,055,000 Stewart Title Of Ca Inc
Olan David R -- Stewart Title Of Ca Inc
Sternberg Sandra R -- --
Sternberg Sandra R $1,175,000 Equity Title Company
Holst Jens Stephen $650,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sternberg Sandra R $940,000
Previous Owner Holst Jens Stephen $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $2,055,000 -6.4% $1,111 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $2,195,000 +6.8% $1,187 / Sq Ft
11/07/2016 11/07/16 Off Market $2,055,000 -- --
08/10/2016 08/10/16 For Sale $2,195,000 +6.8% $1,187 / Sq Ft
08/09/2016 08/09/16 Off Market $2,055,000 -- --
06/30/2016 06/30/16 Price Changed $2,195,000 -4.4% $1,187 / Sq Ft
02/23/2016 02/23/16 Price Changed $2,295,000 -4.2% $1,241 / Sq Ft
11/16/2015 11/16/15 For Sale $2,395,000 -- $1,295 / Sq Ft
Source: The MLS

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 $27,281 $2,338,232 $1,870,588 $467,644
2024 $27,281 $2,292,385 $1,833,910 $458,475
2023 $26,747 $2,247,437 $1,797,951 $449,486
2022 $26,385 $2,203,371 $1,762,698 $440,673
2021 $25,767 $2,160,169 $1,728,136 $432,033
2019 $25,261 $2,096,100 $1,676,880 $419,220
2018 $23,989 $2,055,000 $1,644,000 $411,000
2016 $17,442 $1,480,633 $1,184,560 $296,073
2015 $16,831 $1,458,393 $1,166,767 $291,626
2014 $16,625 $1,429,826 $1,143,912 $285,914
Source: Public Records

Agents Affiliated with this Home

  • Mike Gardner

    Seller's Agent in 2017

    Mike Gardner

    Compass

    (310) 699-8428

    17 Total Sales

    Mike Gardner
    Section Image

  • K

    Buyer's Agent in 2017

    Karen Nation

    Douglas Elliman

    Section Image
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Map

Source: The MLS

MLS Number: 15-959769

The MLS

APN: 4467-008-001

California Los Angeles County Malibu 90265

5851 Ramirez Canyon Rd, Malibu, CA

Not Listed for Sale

Detached

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