NOT LISTED FOR SALE

5960 Cavalleri Rd Malibu, CA 90265

Estimated Value: $4,498,000 - $5,788,000

5 Beds
6 Baths
-- Sq Ft
2.13 Acres

Last Sold June 20, 2013

Last sale price $3,100,000

Est. 65% increase in value since last sale

Current estimated payment $30,565/month

135 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of June 2013

A One of A Kind Opportunity - Finish what someone else has tastefully and thoughtfully started. An unusual opportunity to build your main home with outstanding views, while living in an extraordinary guest house that was recently completed with the best quality and taste you can imagine. An estate property, gated and fenced on approximately 2.1 acres, with a gorgeous pool and spa completed, wide driveway finished with old world style pavers, new septic system installed, fully landscaped including orchard, grading and retaining walls completed AND there is planning approval for a Doug Burdge designed spacious 4 bedroom 4.5 bath Mediterranean Home. Main home includes: living, dining, family room, media room, 4 bedrooms suites, The plans are well thought out and executed for a one story home with a basement, 3 car garage, covered veranda etc. Located on a gated private road close to the PCH, this property provides you with something that no other property in Malibu can offer.

Last Agent to Sell the Property

Ellen Francisco

Coldwell Banker Realty License #00709314 Listed on: 01/06/2013

Coldwell Banker Realty

Last Buyer's Agent

Ellen Francisco

Coldwell Banker Realty License #00709314 Listed on: 01/06/2013

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 2.13 Acre Lot
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Attached Carport

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating
  • Satellite Dish
  • Cable TV Available

Community Details

Listing and Financial Details

  • Assessor Parcel Number 4467-018-046

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 2.1300
  • Stories: 2
  • Year Built: 2011
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Laundry: In Closet, Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Intercom, Microwave, Network Wire, Range/Oven, Refrigerator, Satellite, Washer, Water Line to Refrigerator

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Carport Attached
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4467-018-046
  • Geocode Override: No
  • Lot Size Area: 92844

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2013
Closed on
Jun 13, 2013
Sold by
Burke Patrick John
Bought by
Yadegar Jack
Seller's Agent
Ellen Francisco
Coldwell Banker Realty
Buyer's Agent
Ellen Francisco
Coldwell Banker Realty
List Price
$2,950,000
Sold Price
$3,100,000
Premium/Discount to List
$150,000
5.08%
Current Estimated Value
$5,129,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,029,948
Avg. Annual Appreciation
4.10%
Original Mortgage
$2,325,000
Outstanding Balance
$1,601,612
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$3,528,336

Purchase Details

Closed on
Aug 25, 2004
Sold by
Hessami Hassan Pascal
Bought by
Burke Patrick John

Purchase Details

Closed on
Sep 2, 1994
Sold by
Mclean George W
Bought by
Hessami Hassan Pascal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
8.57%
Mortgage Type
Seller Take Back
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
Yadegar Jack $3,100,000 Equity Title
Burke Patrick John $1,074,000 --
Hessami Hassan Pascal $250,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yadegar Jack $2,325,000
Previous Owner Hessami Hassan Pascal $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2013 06/20/13 Sold $3,100,000 +5.1% --
01/06/2013 01/06/13 For Sale $2,950,000 -- --
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 $44,256 $3,817,417 $2,435,269 $1,382,148
2024 $44,256 $3,742,567 $2,387,519 $1,355,048
2023 $43,425 $3,669,184 $2,340,705 $1,328,479
2022 $42,880 $3,597,240 $2,294,809 $1,302,431
2021 $41,892 $3,526,707 $2,249,813 $1,276,894
2019 $38,200 $3,174,301 $2,183,083 $991,218
2018 $38,670 $3,355,006 $2,140,278 $1,214,728
2016 $37,286 $3,224,728 $2,057,169 $1,167,559
2015 $36,786 $3,176,291 $2,026,269 $1,150,022
2014 $36,273 $3,114,073 $1,986,578 $1,127,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-643297

The MLS

APN: 4467-018-046