NOT LISTED FOR SALE

Estimated Value: $6,051,000 - $8,481,000

3 Beds
4 Baths
1,759 Sq Ft
$4,352/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $5,500,000 $3,127 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $45,238/month

Highlights

  • Beach Access
  • Detached Guest House
  • In Ground Pool
  • Malibu Elementary School Rated A
  • Home Theater
  • Garage Apartment

About This Home

As of November 2020

Private and gated Point Dume compound on over one flat acre with deeded beach rights. The main house designed by legendary architect Cliff May, with reclaimed, rustic wood accents, hardwood floors and high ceilings, offers a large great room with fireplace, dining area and skylight, granite island kitchen. Sun-filled sitting/reading room; and warm and inviting owners suite that opens to the exterior. Guest home with sleeping areas and laundry. Barn/ garage with a loft space. The spacious landscaped grounds offer the ultimate in outdoor entertaining & living, with salt water pool +spa, teepee, multiple sitting & dining areas, outdoor shower, fire pit and ample guest parking. Private deeded beach key access to Riviera II, Little Dume. In addition, there are permits far along in process for future expansion with the city. This ultra cool Point Dume mid-century is not to be missed.

Last Agent to Sell the Property

Eric Haskell

The Agency License #01866805 Listed on: 08/26/2020

The Agency

Last Buyer's Agent

Eric Haskell

The Agency License #01866805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,091

Year Built

  • Built in 1955

Lot Details

  • 1.07 Acre Lot
  • Gated Home
  • Property is zoned LCRA1*

Parking

  • 2 Car Garage
  • Garage Apartment
  • Gated Parking

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Loft
  • Wood Flooring
  • Mountain Views
  • Laundry in Garage

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Pool Cover

Utilities

  • Central Heating
  • Property is located within a water district

Additional Features

  • Beach Access
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-019-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,091

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1759
  • Lot Acreage: 1.0705
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal, Freezer, Dishwasher, Hood Fan
  • Fireplace: Yes
  • Price Per S Q F T: 3382.60

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: In Ground, Pool Cover
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Detached, Gated, Garage - 2 Car
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4466-019-006
  • Lot Location: Beach Access
  • Lot Size Area: 46633

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Martin Teri and The Alecue Trust
Bought by
Oconnor Randal and 6608 Portshead Road Trust
Current Estimated Value
$7,153,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,575,000
Outstanding Balance
$4,087,540
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$3,568,379

Purchase Details

Closed on
Aug 31, 2020
Sold by
Walker Bradley and Walker Nora
Bought by
Martin Teri and The Alecue Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Skorpen Joseph
Bought by
Walker Bradley and Walker Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,267,500
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1999
Sold by
Skorpen Joseph
Bought by
Skorpen Joseph and Tuero Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
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
Oconnor Randal $6,100,000 Lawyers Title
Martin Teri $5,500,000 Lawyers Title
Walker Bradley $1,690,000 Equity Title
Skorpen Joseph -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Randal $4,575,000
Previous Owner Martin Teri $417,000
Previous Owner Martin Teri $3,000,000
Previous Owner Walker Bradley $495,000
Previous Owner Walker Bradley $1,425,000
Previous Owner Walker Bradley $1,267,500
Previous Owner Skorpen Joseph M $150,000
Previous Owner Skorpen Joseph $750,000
Previous Owner Skorpin Joseph $100,000
Previous Owner Skorpen Joseph $630,000
Previous Owner Skorpen Joseph $50,000
Previous Owner Skorpen Joseph $553,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $5,500,000 -7.6% $3,127 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $5,950,000 -- $3,383 / 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 $75,091 $6,602,834 $5,282,268 $1,320,566
2024 $75,091 $6,473,368 $5,178,695 $1,294,673
2023 $73,699 $6,346,440 $5,077,152 $1,269,288
2022 $72,808 $6,222,000 $4,977,600 $1,244,400
2021 $64,214 $5,500,000 $4,089,000 $1,411,000
2020 $25,841 $2,163,550 $1,595,755 $567,795
2019 $25,103 $2,093,298 $1,564,466 $528,832
2018 $24,112 $2,079,539 $1,533,791 $545,748
2016 $21,470 $1,842,790 $1,474,233 $368,557
2015 $21,180 $1,815,110 $1,452,089 $363,021
2014 $20,887 $1,779,555 $1,423,645 $355,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-623628

The MLS

APN: 4466-019-006