NOT LISTED FOR SALE

6712 Portshead Rd Malibu, CA 90265

Estimated Value: $5,838,000 - $6,645,000

7 Beds
6 Baths
6,500 Sq Ft
$965/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $5,150,000 $792 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $42,721/month

134 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Spanish Architecture
  • Malibu Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of October 2013

OCEAN VIEW COMPOUND ON POINT DUME W/BEACH RIGHTS. Gated entry with fountains,huge yard,gardens,pool/spa/tennis court. 7 bedrooms,6 baths,3 car garage in main house and 3 bedroom 2 bath,2 stall garage in guest house. Private and completely gated 1.2 acres. Incredible value.

Last Agent to Sell the Property

Michael Cunningham

Pinnacle Estate Properties License #01291455 Listed on: 04/09/2013

Pinnacle Estate Properties

Last Buyer's Agent

Tony Mark

Compass License #01205648

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 1.21 Acre Lot
  • Property is zoned LCRA1*

Parking

  • Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 6,500 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Living Room with Fireplace
  • Bonus Room
  • Wood Flooring
  • Ocean Views
  • Alarm System
  • Laundry Room

Kitchen

  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • 6 Bathrooms

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Homes

  • Fireplace in Guest House

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4466-018-013

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

1.21 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 6500
  • Stories: 1
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Guest House, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 7
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Barbeque, Bar Ice Maker, Built-Ins, Dishwasher
  • Price Per S Q F T: 846.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4466-018-013
  • Geocode Override: No
  • Lot Size Area: 52606

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
Oct 7, 2013
Sold by
Cak Properties Llc
Bought by
Glenmore Sands West Llc
Seller's Agent
Michael Cunningham
Pinnacle Estate Properties
Buyer's Agent
Tony Mark
Compass
List Price
$5,500,000
Sold Price
$5,150,000
Premium/Discount to List
-$350,000
-6.36%
Current Estimated Value
$7,131,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,981,616
Avg. Annual Appreciation
1.60%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Devarennes James
Bought by
Devarennes Kasey Walker

Purchase Details

Closed on
Jun 12, 2012
Sold by
Devarennes Kasey Walker
Bought by
Cak Properties Llc

Purchase Details

Closed on
Aug 12, 2008
Sold by
Devarannes Jim
Bought by
Devarennes James and Devarennes Kasey Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,010,000
Interest Rate
5.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2004
Sold by
Devarennes Jim
Bought by
Devarennes Jim and Devarennes Kasey Walker

Purchase Details

Closed on
Oct 11, 2002
Sold by
Devarennes Kasey Walker
Bought by
Devarennes Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
5.75%

Purchase Details

Closed on
Oct 11, 2000
Sold by
Devarennes Jim
Bought by
Devarennes James and Devarennes Kasey Walker

Purchase Details

Closed on
Dec 2, 1999
Sold by
Culbert Samuel A
Bought by
Devarennes Jim and Devarennes Kasey Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,250
Interest Rate
7.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Glenmore Sands West Llc $5,150,000 Equity Title Company
Devarennes Kasey Walker -- None Available
Devarennes James -- None Available
Cak Properties Llc -- None Available
Devarennes James -- None Available
Devarennes James -- Southland Title
Devarennes Jim -- Equity Title
Devarennes Jim -- Southland Title
Devarennes James -- --
Devarennes Jim $1,355,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devarennes James $3,010,000
Previous Owner Devarennes Jim $1,050,000
Previous Owner Devarennes Jim $1,016,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $5,150,000 -6.4% $792 / Sq Ft
08/21/2013 08/21/13 For Sale $5,500,000 +6.8% $846 / Sq Ft
08/20/2013 08/20/13 Off Market $5,150,000 -- --
04/09/2013 04/09/13 For Sale $5,500,000 0.0% $846 / Sq Ft
02/26/2013 02/26/13 Rented $19,000 -4.8% --
02/26/2013 02/26/13 Under Contract -- -- --
08/07/2012 08/07/12 For Rent $19,950 -- --
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 $72,225 $6,313,185 $2,656,442 $3,656,743
2024 $72,225 $6,189,398 $2,604,355 $3,585,043
2023 $70,891 $6,068,039 $2,553,290 $3,514,749
2022 $70,035 $5,949,059 $2,503,226 $3,445,833
2021 $68,406 $5,832,412 $2,454,144 $3,378,268
2019 $67,086 $5,659,421 $2,381,353 $3,278,068
2018 $63,434 $5,548,453 $2,334,660 $3,213,793
2016 $61,161 $5,333,002 $2,244,003 $3,088,999
2015 $60,341 $5,252,896 $2,210,296 $3,042,600
2014 -- $5,150,000 $2,167,000 $2,983,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Cunningham

    Seller's Agent in 2013

    Michael Cunningham

    Pinnacle Estate Properties

    (310) 985-9340

    19 Total Sales

    Michael Cunningham
    Section Image
  • Tony Mark

    Buyer's Agent in 2013

    Tony Mark

    Compass

    (310) 457-6275

    62 Total Sales

    Tony Mark
    Section Image
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Map

Source: The MLS

MLS Number: 13-663701

The MLS

APN: 4466-018-013

California Los Angeles County Malibu 90265

6712 Portshead Rd, Malibu, CA

Not Listed for Sale

Detached

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