NOT LISTED FOR SALE

Estimated Value: $3,034,000 - $4,392,000

4 Beds
3 Baths
2,531 Sq Ft
$1,540/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $3,769,000 $1,489 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $24,412/month

6 Days on Market

Highlights

  • White Water Ocean Views
  • Tennis Courts
  • Bonus Room
  • Malibu Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2022

The home you have been looking for! Enjoy this renovated single-story, 4 bed, 3 bath home, located in the Malibu West community on the corner of Tapia Dr. and Trancas Cyn Rd., on a corner promontory above the Trancas field with endless horizon ocean views. The gourmet kitchen offers a chef's range and oven, custom cabinetry, large counters and breakfast bar, recessed lighting, and beautiful hardwood flooring throughout. Continue into a lovely great room, filled with natural light from the large picture windows and glass slider doors, with an open dining area and fireplace, onto a bright office space (or 5th bedroom). Located near Starbucks, Trancas/Vintage Market Village, Broad Beach, and Trancas Canyon Park/dog park. Plus, membership to Malibu West Beach Club and tennis courts is available for an annual fee.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 06/07/2022

Sotheby's International Realty

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 110x140
  • South Facing Home
  • Fenced Yard
  • Chain Link Fence
  • Corner Lot
  • Sprinkler System
  • Property is zoned LCR111000*

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces
  • Driveway
  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,531 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Double Door Entry
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Tennis Courts
  • Open Patio
  • Rain Gutters

Utilities

  • Central Heating
  • Underground Utilities
  • Property is located within a water district
  • Central Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4469-035-024

Community Details

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: The home you have been looking for! Enjoy this renovated single-story, 4 bed, 3 bath home, located in the Malibu West community on the corner of Tapia Dr. and Trancas Cyn Rd., on a corner promontory above the Trancas field with endless horizon ocean views. The gourmet kitchen offers a chef's range and oven, custom cabinetry, large counters and breakfast bar, recessed lighting, and beautiful hardwood flooring throughout. Continue into a lovely great room, filled with natural light from the large picture windows and glass slider doors, with an open dining area and fireplace, onto a bright office space (or 5th bedroom). Located near Starbucks, Trancas/Vintage Market Village, Broad Beach, and Trancas Canyon Park/dog park. Plus, membership to Malibu West Beach Club and tennis courts is available for an annual fee.
  • Disability Access: No Interior Steps
  • Entry Location: Living Room
  • Living Area: 2531
  • Lot Acreage: 0.3541
  • Lot Dimensions: 110x140
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls, Built-Ins
  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Appliances: Built-In And Free Standing, Cooktop - Gas, Oven-Gas, Range
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, Living Room
  • Kitchen Features: Granite Counters
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Washer, Range/Oven, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1422.36

Exterior Features

  • Direction Faces: South
  • Other Features: Double Door Entry, Sprinkler System, Rain Gutters
  • Other Structures: None
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Foundation Details: Slab
  • Fence: Chain Link
  • Patio: Patio Open
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: White Water, Ocean, Mountains, Coastline, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 4
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Driveway, Attached, On street
  • Total Parking: 3

Utilities

  • Water Heater: Central Water Heater
  • Heating: Central
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

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

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4469-035-024
  • Lot Description: Fenced Yard, Utilities Underground, Street Asphalt, Gutters
  • Lot Location: Corner Lot
  • Lot Size Area: 15424

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
Dim William and Dim Stacey
Bought by
Dim Family Trust and Dim
Current Estimated Value
$3,898,836

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jun 30, 2022
Sold by
Carolyn A Russell Revocable Living Trust and Meier Clayton H
Bought by
Dim William and Spigel Stacey
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$3,600,000
Sold Price
$3,769,000
Premium/Discount to List
$169,000
4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
Original Mortgage
$3,000,000
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 23, 2005
Sold by
Russell Carolyn A
Bought by
Russell Carolyn Aller and Carolyn Aller Russell Revocable Living T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dim Family Trust -- None Listed On Document
Dim William $3,769,000 Equity Title
Russell Carolyn Aller -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dim William $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $3,769,000 +4.7% $1,489 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $3,600,000 -- $1,422 / 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 $48,497 $3,921,267 $3,137,014 $784,253
2024 $48,497 $3,844,380 $3,075,504 $768,876
2023 $47,516 $3,769,000 $3,015,200 $753,800
2022 $9,915 $531,204 $184,001 $347,203
2021 $8,924 $520,790 $180,394 $340,396
2019 $8,485 $505,345 $175,045 $330,300
2018 $8,006 $495,437 $171,613 $323,824
2016 $7,768 $476,200 $164,950 $311,250
2015 $8,072 $469,048 $162,473 $306,575
2014 $7,629 $459,861 $159,291 $300,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-164859

The MLS

APN: 4469-035-024

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