NOT LISTED FOR SALE

Estimated Value: $6,954,000 - $9,414,000

6 Beds
6.5 Baths
6,376 Sq Ft
$1,262/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $5,050,000 $792 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $49,351/month

45 Days on Market

Highlights

  • White Water Ocean Views
  • Heated In Ground Pool
  • Gated Community
  • Malibu Elementary School Rated A
  • Gated Parking
  • 193,863 Sq Ft lot

About This Home

As of April 2020

Panoramic Ocean Views - Private Retreat offers beach and country style living - Over 4 acres with a spacious pool area with a spa, waterfall and outdoor fireplace provide amazing entertaining with a breathtaking view of the Malibu Coastline. Full of Natural Light and Beautiful finishes of wood and stone with French Doors that open from a Formal Dining area and Living Room to a wonderful covered outdoor dining area. Dramatic Foyer welcomes your guest to a beautiful view and leads them through French Doors to the outdoor dining and patio. Gourmet Kitchen and Breakfast Area open to an outdoor BBQ area with a Fireplace. Master Bedroom and Bathroom have sweeping views of the entire Santa Monica Bay. Nearly every bedroom offers a balcony and a view of the ocean and/or hillside. Three-car garage with ample guest parking. Minutes to surf, shopping and schools. Gated and Private!

Last Agent to Sell the Property

Cassandra Bloore

Compass License #01227410 Listed on: 02/09/2020

Compass

Last Buyer's Agent

Kent Winter

Pinnacle Estate Properties License #02056364

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,477

Year Built

  • Built in 2002

Lot Details

  • 4.45 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Fenced Yard
  • Gated Home
  • Wrought Iron Fence
  • Landscaped
  • Hillside Location
  • Lawn
  • Property is zoned LCR115000*

HOA Fees

  • $208 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Canyon

Home Design

  • Mediterranean Architecture
  • Clay Roof

Interior Spaces

  • 6,376 Sq Ft Home
  • Central Vacuum
  • Bar
  • High Ceiling
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Room
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • Maid or Guest Quarters
  • Fireplace in Bathroom
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Waterfall Pool Feature
  • Pool Tile

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Forced Air Zoned Heating System
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 4469-042-020

Community Details

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,477

Year Built

Built in 2002

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 6376
  • Year Built: 2002
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Bath, Dining, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone
  • Appliances: Built-In And Free Standing, Built-In BBQ, Built-In Gas, Cooktop - Gas, Double Oven, Free Standing Electric, Gas Grill, Oven-Gas, Range Hood
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath, Powder Room, Shower and Tub, Tile, Travertine
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Room, Dining Area, Family Kitchen, Formal Dining Rm
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Barbeque, Central Vacuum, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Phone System, Refrigerator, Water Line to Refrigerator
  • Price Per S Q F T: 940.24

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Wrought Iron
  • Patio: Living Room Balcony
  • Pool Description: Heated And Filtered, In Ground, Tile, Waterfall
  • Pool: Yes
  • Roof: Clay
  • Spa: Heated with Gas, In Ground
  • Spa Yn: Yes
  • View: Canyon, City Lights, Coastline, Panoramic, Water, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Controlled Entrance, Direct Entrance, Door Opener, Driveway, Driveway - Concrete, Garage - 3 Car, Garage Is Attached, Gated, Parking for Guests

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Fireplace, Forced Air, Zoned
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 2500.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4469-042-020
  • Geocode Override: No
  • Lot Description: Fenced, Fenced Yard, Gated Community, Gutters, Landscaped, Lawn, Storm Drains
  • Lot Location: Canyon, Cul-De-Sac, Hillside
  • Lot Size Area: 193863

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2020
Closed on
Mar 30, 2020
Sold by
Tierney Patrick and Tierney Jamie
Bought by
Mir Neelufar Ghalichi and Ghalichiglam Trust
Seller's Agent
Cassandra Bloore
Compass
Buyer's Agent
Kent Winter
Pinnacle Estate Properties
List Price
$6,095,000
Sold Price
$5,050,000
Premium/Discount to List
-$1,045,000
-17.15%
Current Estimated Value
$8,048,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,998,360
Avg. Annual Appreciation
9.37%

Purchase Details

Listed on
Jun 10, 2015
Closed on
Dec 1, 2015
Sold by
Burnett Dianne J
Bought by
Tierney Patrick and Tierney Jamie
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Lena Jemelian
Compass
List Price
$6,250,000
Sold Price
$5,940,000
Premium/Discount to List
-$310,000
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.68%
Original Mortgage
$3,861,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2006
Sold by
Burnett Dianne J
Bought by
Burnett Dianne J and Dianne J Burnett Living Trust

Purchase Details

Closed on
Dec 19, 2003
Sold by
Burnett Mark J
Bought by
Burnett Dianne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Ohanian Armen and Armen Ohanian Trust
Bought by
Burnett Dianne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2001
Sold by
Ohanian Armen
Bought by
Ohanian Armen and Armen Ohanian Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 19, 1999
Sold by
Ohanian Investment Co
Bought by
Ohanian Armen
Source: Public Records

Range of Values:

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Average Value
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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
Mir Neelufar Ghalichi $5,050,000 Priority Title Company
Tierney Patrick $5,940,000 California Title Company
Burnett Dianne J -- None Available
Burnett Dianne J -- Fidelity National Title Ins
Burnett Dianne J $3,745,000 Fidelity National Title Co
Ohanian Armen -- --
Ohanian Armen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tierney Patrick $3,861,000
Previous Owner Burnett Dianne J $595,500
Previous Owner Burnett Dianne J $1,000,000
Previous Owner Ocean Breeze Properties Ltd $315,000
Previous Owner Ohanian Armen $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $5,050,000 -15.8% $792 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $5,995,000 -1.6% $940 / Sq Ft
02/09/2020 02/09/20 For Sale $6,095,000 +2.6% $956 / Sq Ft
12/11/2015 12/11/15 Sold $5,940,000 -5.0% $932 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $6,250,000 -- $980 / 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 $63,477 $5,522,910 $3,280,937 $2,241,973
2024 $63,477 $5,414,618 $3,216,605 $2,198,013
2023 $62,307 $5,308,450 $3,153,535 $2,154,915
2022 $61,550 $5,204,363 $3,091,701 $2,112,662
2021 $60,124 $5,102,318 $3,031,080 $2,071,238
2020 $75,740 $6,429,645 $3,065,663 $3,363,982
2019 $74,687 $6,303,574 $3,005,552 $3,298,022
2018 $70,850 $6,179,975 $2,946,620 $3,233,355
2016 $68,288 $5,940,000 $2,832,200 $3,107,800
2015 $51,184 $4,430,353 $2,234,933 $2,195,420
2014 $50,454 $4,343,569 $2,191,154 $2,152,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-552728

The MLS

APN: 4469-042-020