NOT LISTED FOR SALE

6414 Cavalleri Rd Malibu, CA 90265

Estimated Value: $3,946,000 - $4,584,000

4 Beds
4 Baths
3,311 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $2,450,000 $740 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $24,964/month

181 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom Retreat
  • Malibu Elementary School Rated A
  • Gated Parking
  • Marble Flooring

About This Home

As of October 2016

BEST BUY IN MALIBU. This beautifully Remodeled 4 bd home includes a pool & ocean view. Nicely detailed this two story ocean view California ranch offers a clean and modern look. Near the Point Dume Shopping Center & Zuma Beach. The home offers a classic California indoor/outdoor living experience. A gated semi-circular driveway introduces you to the carefully landscaped grounds. A main living area with large view windows overlooks the pool and embraces the canyon and ocean views. The open living area includes a cooks kitchen featuring Viking appliances and an eat-at island. Enjoy the ocean view from this main level which includes a 1 bedroom suite. Downstairs you'll find the large master suite with a walk-in closet, fireplace and luxurious bathroom with soaking tub. 2 beautifully detailed additional bedrooms with sliding glass doors open to the large patio, adjacent grassy area,pool and spa. Pool, patio area is ideal for entertaining & completes the living experience.

Last Agent to Sell the Property

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 03/19/2016

Co-Listed By

Cormac O'Herlihy

Sotheby's International Realty License #00787980

Last Buyer's Agent

Mike Gardner

Compass License #01344290

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Property is zoned LCR11*

Property Views

  • Ocean
  • Coastline
  • Canyon

Home Design

  • Modern Architecture

Interior Spaces

  • 3,311 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Parking

  • Direct Access Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4467-036-015

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 3311
  • Year Built: 2003
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Retreat
  • Flooring: Hardwood, Marble
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, On Upper Level, Room
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave
  • Price Per S Q F T: 753.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Canyon, Coastline, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway, Direct Entrance, Door Opener, Driveway - Pavers, Garage, Gated

Utilities

  • Cooling: Central, Electric
  • Heating: Central, Fireplace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4467-036-015
  • Geocode Override: No
  • Lot Size Area: 14935

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2020
Sold by
Newman Derek A and Newman Jessica V
Bought by
Newman Derek and Newman Jessica
Current Estimated Value
$4,247,307

Purchase Details

Listed on
Mar 19, 2016
Closed on
Sep 21, 2016
Sold by
Maqsoudi Touraj and Tabib Shirin M
Bought by
Newman Derek A and Newman Jessica V
Seller's Agent
Wailani O'Herlihy
Sotheby's International Realty
Buyer's Agent
Mike Gardner
Compass
List Price
$2,895,000
Sold Price
$2,450,000
Premium/Discount to List
-$445,000
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$1,837,500
Outstanding Balance
$1,469,138
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$2,778,169

Purchase Details

Listed on
Aug 18, 2014
Closed on
Oct 13, 2014
Sold by
Maqsoudi Touraj
Bought by
Maqsoudi Touraj and Tabib Shirin M
Seller's Agent
Brian Merrick
Coldwell Banker Realty
Buyer's Agent
Babak Nasseri
List Price
$1,399,000
Sold Price
$1,700,000
Premium/Discount to List
$301,000
21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%
Original Mortgage
$1,325,000
Interest Rate
4.1%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 18, 2014
Closed on
Oct 8, 2014
Sold by
Tabib Shirin M
Bought by
Maqsoudi Touraj
Seller's Agent
Brian Merrick
Coldwell Banker Realty
Buyer's Agent
Babak Nasseri
List Price
$1,399,000
Sold Price
$1,700,000
Premium/Discount to List
$301,000
21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Interest Rate
4.1%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 18, 2014
Closed on
Sep 29, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Maqsoudi Touraj
Seller's Agent
Brian Merrick
Coldwell Banker Realty
Buyer's Agent
Babak Nasseri
List Price
$1,399,000
Sold Price
$1,700,000
Premium/Discount to List
$301,000
21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Interest Rate
4.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 21, 2013
Sold by
Misan Ines
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 4, 2006
Sold by
Rollins Loyal Everett and Loyal Everett Rollins Separate
Bought by
Misan Ines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,398,750
Interest Rate
9.29%
Mortgage Type
Negative Amortization
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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Purchase History

Date Buyer Sale Price Title Company
Newman Derek -- None Available
Newman Derek A $2,450,000 Fidelity National Title Co
Maqsoudi Touraj -- None Available
Maqsoudi Touraj -- Service Link
Maqsoudi Touraj $1,700,000 Service Link
Jpmorgan Chase Bank National Association $1,457,778 Accommodation
Misan Ines $1,865,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Derek A $1,837,500
Previous Owner Maqsoudi Touraj $1,325,000
Previous Owner Misan Ines $1,398,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2016 10/18/16 Sold $2,450,000 -1.8% $740 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $2,495,000 -1.7% $754 / Sq Ft
08/05/2016 08/05/16 Price Changed $2,539,000 -2.2% $767 / Sq Ft
04/30/2016 04/30/16 Price Changed $2,595,000 -10.4% $784 / Sq Ft
03/19/2016 03/19/16 For Sale $2,895,000 +70.3% $874 / Sq Ft
10/24/2014 10/24/14 Sold $1,700,000 +21.5% $513 / Sq Ft View Prior Sale
08/25/2014 08/25/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $1,399,000 -- $423 / 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 $33,051 $2,843,426 $1,727,412 $1,116,014
2024 $33,051 $2,787,674 $1,693,542 $1,094,132
2023 $32,415 $2,733,015 $1,660,336 $1,072,679
2022 $31,986 $2,679,428 $1,627,781 $1,051,647
2021 $31,223 $2,626,891 $1,595,864 $1,031,027
2020 $31,046 $2,599,957 $1,579,501 $1,020,456
2019 $30,615 $2,548,979 $1,548,531 $1,000,448
2018 $28,897 $2,499,000 $1,518,168 $980,832
2016 $20,257 $1,725,925 $1,116,775 $609,150
2015 $19,985 $1,700,000 $1,100,000 $600,000
2014 $41,895 $3,616,344 $3,314,982 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-108026

The MLS

APN: 4467-036-015