NOT LISTED FOR SALE

6585 Portshead Rd Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $5,485,169 - $7,046,000

4 Beds
3.5 Baths
3,284 Sq Ft
$1,938/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $4,000,000 $1,218 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $36,857/month

Highlights

  • Detached Guest House
  • Barn
  • Garage Apartment
  • Malibu Elementary School Rated A
  • Art Studio
  • Maid or Guest Quarters

About This Home

As of June 2023

This beautiful Point Dume Farmhouse has access to the beach via the coveted beach key and is available long-term and/or shorter term: for Summer 2023. Available beautifully furnished (or unfurnished). Newly remodeled, this 2-story estate has a one bedroom detached guest house as well as a detached and finished interior workshop/barn. Gated and down a long driveway, past mature trees on apx 1.5 beautiful acres. Warm and inviting, the main level offers high wood-beamed ceilings in the formal living room, a stone fireplace, a media room, formal dining room and a gourmet kitchen with breakfast area. The 2nd level offers an owner's suite with fireplace, custom built-ins, a private balcony and a luxurious free standing tub; plus two-add'l bedrooms-one with a loft. A large entertainer's patio, and grassy lawn complete the exterior.

Last Agent to Rent the Property

Lily Harfouche

Compass License #01737283 Listed on: 04/17/2023

Compass

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,187

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 186x345
  • Property is zoned LCRA1*

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 3,284 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Loft
  • Bonus Room
  • Art Studio
  • Wood Flooring
  • Park or Greenbelt Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 2 Parking Spaces
  • Garage Apartment
  • Converted Garage
  • Auto Driveway Gate
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Phone System
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Barn

Listing and Financial Details

  • Security Deposit $45,000
  • 12 Month Lease Term
  • Assessor Parcel Number 4466-021-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,187

Year Built

Built in 1976 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Lease Option: 1
  • Not Included In Rent: upper guest house at street level
  • Security Deposit: 45000

Listing Details

  • Property Type: Residential Lease
  • Style: Farm House
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 3284
  • Lot Acreage: 1.4555
  • Lot Dimensions: 186x345
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1976
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Built-Ins, Cooktop - Gas, Gas, Microwave
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Pantry
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Microwave, Phone System, Washer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 6.85

Exterior Features

  • Guest House: Detached
  • Pool: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Other Spaces: 6
  • Covered Parking: 2
  • Parking Garage: Auto Driveway Gate, Driveway, Driveway Gate, On street
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Pet Rules: Call

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4466-021-014
  • Lot Size Area: 63401

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jun 26, 2017
Sold by
Graziano Joseph Thomas
Bought by
Falvai Mark and Falvai Tamara
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Lily Harfouche
Compass
List Price
$4,250,000
Sold Price
$4,000,000
Premium/Discount to List
-$250,000
-5.88%
Current Estimated Value
$5,966,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,966,260
Avg. Annual Appreciation
5.96%
Original Mortgage
$2,600,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 5, 2015
Closed on
Jun 15, 2015
Sold by
Spencer Craig
Bought by
Graziano Joseph Thomas and Graziano Lorinda L
Seller's Agent
Michael Novotny
Sotheby's International Realty
Buyer's Agent
Lena Jemelian
Compass
List Price
$2,469,000
Sold Price
$2,325,000
Premium/Discount to List
-$144,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.71%
Original Mortgage
$1,499,999
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2001
Sold by
Goode Ricky
Bought by
Spencer Craig and Spencer Patti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.39%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 10, 2000
Sold by
Fried Gerald
Bought by
Goode Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
7.87%

Purchase Details

Closed on
May 26, 1999
Sold by
Fried Gerald
Bought by
Fried Gerald and Gerald Fried Revocable Trust

Purchase Details

Closed on
Dec 16, 1997
Sold by
Family Trust Fried, Gerald And Lois C Trs Fri
Bought by
Fried Gerald

Purchase Details

Closed on
Jan 10, 1995
Sold by
Fried Gerald
Bought by
Fried Gerald and Fried Lois Candy Gold

Purchase Details

Closed on
Nov 21, 1994
Sold by
Fried Lois Candy Gold
Bought by
Fried Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
8.9%

Purchase Details

Closed on
Oct 19, 1994
Sold by
Gallwey Timothy G
Bought by
Fried Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
8.9%
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
Falvai Mark $4,000,000 None Available
Graziano Joseph Thomas $2,325,000 California Title Company
Spencer Craig $985,000 Fidelity Title
Goode Ricky $860,000 Progressive Title Company
Fried Gerald -- --
Fried Gerald -- --
Fried Gerald -- --
Fried Gerald -- --
Fried Gerald -- Old Republic Title Company
Fried Gerald $675,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falvai Mark $500,000
Open Falvai Mark $3,000,000
Closed Falvai Mark $500,000
Previous Owner Falvai Mark $2,600,000
Previous Owner Graziano Joseph Thomas $1,499,999
Previous Owner Spencer Craig $100,000
Previous Owner Spencer Craig $1,000,000
Previous Owner Spencer Craig $875,000
Previous Owner Spencer Craig $824,000
Previous Owner Spencer Craig $875,000
Previous Owner Goode Ricky $645,000
Previous Owner Fried Gerald $475,000
Previous Owner Fried Gerald $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Rented $21,000 -6.7% --
05/29/2023 05/29/23 For Rent $22,500 0.0% --
05/20/2023 05/20/23 Off Market $22,500 -- --
05/20/2023 05/20/23 For Rent $22,500 0.0% --
04/20/2023 04/20/23 Off Market $22,500 -- --
04/17/2023 04/17/23 For Rent $22,500 +12.5% --
11/06/2019 11/06/19 Rented $20,000 +11.1% --
10/18/2019 10/18/19 For Rent $18,000 0.0% --
08/11/2017 08/11/17 Sold $4,000,000 -5.9% $1,597 / Sq Ft
04/17/2017 04/17/17 For Sale $4,250,000 +82.8% $1,697 / Sq Ft
06/19/2015 06/19/15 Sold $2,325,000 -5.8% $775 / Sq Ft
03/05/2015 03/05/15 For Sale $2,469,000 -- $823 / 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 $52,187 $4,551,311 $2,268,373 $2,282,938
2024 $52,187 $4,462,071 $2,223,896 $2,238,175
2023 $51,207 $4,374,581 $2,180,291 $2,194,290
2022 $50,570 $4,288,806 $2,137,541 $2,151,265
2021 $49,391 $4,204,713 $2,095,629 $2,109,084
2019 $46,000 $3,875,350 $2,033,472 $1,841,878
2018 $45,924 $4,000,000 $1,993,600 $2,006,400
2016 $27,472 $2,360,456 $2,030,500 $329,956
2015 $14,958 $1,254,189 $768,241 $485,948
2014 $14,775 $1,229,622 $753,193 $476,429
Source: Public Records

Agents Affiliated with this Home

  • Lily Harfouche

    Landlord's Agent in 2023

    Lily Harfouche

    Compass

    (310) 266-7291

    7 in this area

    19 Total Sales

    Section Image

  • S

    Tenant's Agent in 2023

    Subscriber Non

    Non-Participant Office

  • Chris Cortazzo

    Seller's Agent in 2017

    Chris Cortazzo

    Compass

    (310) 457-3995

    35 in this area

    227 Total Sales

    Section Image
  • Michael Novotny

    Seller's Agent in 2015

    Michael Novotny

    Sotheby's International Realty

    (310) 924-9317

    1 Total Sale

    Section Image
  • Lena Jemelian

    Buyer's Agent in 2015

    Lena Jemelian

    Compass

    (310) 951-7308

    8 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-248481

The MLS

APN: 4466-021-014

California Los Angeles County Malibu 90265 Point Dume

6585 Portshead Rd, Malibu, CA

This home is located at 6585 Portshead Rd, Malibu, CA 90265 since 17 April 2023 and is currently priced at $6,365,792. This property was built in 1976. 6585 Portshead Rd is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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