NOT LISTED FOR SALE

Estimated Value: $3,570,796 - $4,773,000

3 Beds
2 Baths
1,647 Sq Ft
$2,470/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $2,870,000 $1,743 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $24,695/month

5 Days on Market

Highlights

  • White Water Ocean Views
  • Tennis Courts
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Contemporary Architecture
  • Den

About This Home

As of June 2020

Just completed! Immaculately renovated white water view home located on sought after Tapia Drive in the highly coveted Malibu West neighborhood. Designed to capture the panoramic coastline views, the house blends the understated elegance of contemporary beach living with a seamless indoor outdoor flow. Walls of glass allow natural light to flood the giant Kitchen and living room space with beautiful white oak floors, huge ceasarstone island, custom wood cabinets and large glass sliders. Three pristine bedrooms, two full baths, plus garage converted into ocean view den or family area. Expansive lawns and patio area, perfect for entertaining and enjoying majestic sunsets with unencumbered views. A short walk to Trancas Market and Zuma beach, the home comes with coveted Malibu West Beach and Tennis Club rights.

Last Agent to Sell the Property

Matt Rapf

Sotheby's International Realty License #00854118 Listed on: 05/12/2020

Last Buyer's Agent

Ingrid Sacerio

License #01905431

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,530

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Property is zoned LCR111000*

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Panoramic
  • Park or Greenbelt

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Converted Garage
  • Driveway

Outdoor Features

  • Tennis Courts
  • Open Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4469-038-023

Community Details

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,530

Year Built

Built in 1964

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1964
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Other Structures: None
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool: No
  • Spa Yn: No
  • View: Green Belt, Panoramic, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Central

Association/Amenities

  • Amenities: Tennis Courts

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 1500.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4469-038-023
  • Geocode Override: No
  • Lot Size Area: 11564

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 10, 2020
Sold by
White Alan R and White Kate R
Bought by
Damus David and Gelardi Edie
Seller's Agent
Matt Rapf
Sotheby's International Realty
Buyer's Agent
Ingrid Sacerio
List Price
$2,695,000
Sold Price
$2,870,000
Premium/Discount to List
$175,000
6.49%
Current Estimated Value
$3,904,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,034,688
Avg. Annual Appreciation
6.98%
Original Mortgage
$1,999,999
Outstanding Balance
$1,761,396
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$2,307,303

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 1, 2019
Sold by
Jolywel Llc
Bought by
White Alan R and White Kate R
Seller's Agent
Melissa Macfadyen
Compass
Buyer's Agent
Matt Rapf
Sotheby's International Realty
List Price
$1,999,000
Sold Price
$1,530,000
Premium/Discount to List
-$469,000
-23.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.66%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Welch Joylon
Bought by
Jolywel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1996
Sold by
Mccosker David Brent
Bought by
Welch Jolyon
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
Damus David $2,870,000 Usa National Title Company
White Alan R $1,530,000 First American Title Company
Jolywel Llc -- First American Title Company
Welch Jolyon $420,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damus David $1,999,999
Previous Owner Jolywel Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $2,870,000 +6.5% $1,743 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $2,695,000 +76.1% $1,636 / Sq Ft
04/10/2019 04/10/19 Sold $1,530,000 -12.6% $929 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
02/26/2019 02/26/19 Price Changed $1,750,000 -12.5% $1,063 / Sq Ft
02/14/2019 02/14/19 For Sale $1,999,000 -- $1,214 / 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 $39,530 $3,138,758 $2,511,009 $627,749
2024 $39,530 $3,077,215 $2,461,774 $615,441
2023 $38,706 $3,016,878 $2,413,504 $603,374
2022 $37,824 $2,957,725 $2,366,181 $591,544
2021 $36,636 $2,899,732 $2,319,786 $579,946
2020 $20,984 $1,560,600 $1,248,480 $312,120
2019 $24,227 $1,831,563 $1,400,607 $430,956
2018 $23,098 $1,795,651 $1,373,145 $422,506
2016 $22,337 $1,725,925 $1,319,825 $406,100
2015 $22,065 $569,156 $455,329 $113,827
2014 $9,072 $558,008 $446,410 $111,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-577562

The MLS

APN: 4469-038-023