NOT LISTED FOR SALE

Estimated Value: $7,010,000 - $14,961,022

3 Beds
3 Baths
2,365 Sq Ft
$4,394/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $10,768,570 $4,553 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $67,873/month

60 Days on Market

Highlights

  • White Water Ocean Views
  • Horse Property
  • Oceanside
  • Malibu Elementary School Rated A
  • RV Access or Parking
  • Open Floorplan

About This Home

As of August 2018

Stunning ranch-style home with ocean, white water and mountain views on apx 1.35 acres. Located at the end of a grassy front yard this home with gated brick & grassy courtyard entry, wood floors & high wood beamed ceilings throughout offers an ocean view great room w/fireplace that includes a living room & dining area w/a wall of glass & glass sliders to a wraparound wood deck that's perfect for intimate or lavish entertaining. Continue through the dining room into the ocean view cook's kitchen w/breakfast/lunch dining area, laundry/storage room, en-suite bdrm & 2-car garage. The home also includes a generous ocean view office/den w/glass French doors, ocean view owner's suite w/large closet, tub/shower bath, & a 3rd bdrm w/large closet, corner glass sliders to a patio & front courtyard, & a double shower head bathroom. Includes a coveted Riviera I beach key where you can drive down to Little Dume Beach. Adjacent to the property is 6734 Zumirez Drive APN# 4466-002-001 for $8,995,000.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 05/14/2018

Compass

Co-Listed By

Patti Felker-Breiner

License #00848129

Last Buyer's Agent

Matt Rapf

Sotheby's International Realty License #00854118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $135,816

Year Built

  • Built in 1960

Lot Details

  • 1.36 Acre Lot
  • South Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Chain Link Fence
  • Stucco Fence
  • Landscaped
  • Irregular Lot
  • Front and Side Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LCRA1*

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,365 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Raised Hearth
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Den
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • Maid or Guest Quarters
  • Bathtub with Shower
  • Linen Closet In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Direct Access Garage
  • Private Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Uncovered Parking
  • RV Access or Parking

Outdoor Features

  • Room in yard for a pool
  • Oceanside
  • Horse Property
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating
  • Overhead Utilities
  • Property is located within a water district
  • Tankless Water Heater
  • Septic Tank
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4466-003-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$135,816

Year Built

Built in 1960

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Disability Access: Grab Bars In Bathroom(s)
  • Entry Location: Foyer
  • Living Area: 2365
  • Stories: 1
  • Year Built: 1960
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Beamed Ceiling(s), Built-Ins, Detached/No Common Walls, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting, Storage Space, Turnkey
  • Fireplace Rooms: Gas, Gas and Wood, Great Room, Raised Hearth
  • Flooring: Tile, Wood
  • Appliances: Built-Ins, Convection Oven, Cooktop - Electric, Double Oven, Electric, Microwave, Self Cleaning Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Powder Room, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, In Kitchen, Living Room
  • Kitchen Features: Pantry, Tile Counters
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Freezer, Garbage Disposal, Ice Maker, Network Wire, Phone System, Range/Oven, Refrigerator, Trash Compactor, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 4649.05

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Custom Built, High Ceilings (9 Feet+), Rain Gutters, Slab, Sliding Glass Doors, Sprinkler System
  • Tennis Court: Room For
  • Tennis Court Y/N: No
  • Foundation Details: Slab, Raised
  • Fence: Block, Chain Link, Partial, Stucco Wall
  • Patio: Brick, Covered Porch, Living Room Deck Attached, Patio Open, Wood
  • Pool Description: Room For
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: Bay, City Lights, Coastline, Mountains, Ocean, Panoramic, White Water
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Parking for Guests - Onsite, Private, RV Access, RV Possible, Uncovered

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: Septic Tank
  • Water: District, Meter on Property

Association/Amenities

  • Amenities: Assoc Pet Rules

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 450.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Front, Manual, Side, Sprinkler System, Sprinkler Timer
  • Horses: Yes
  • Assessor Parcel Number: 4466-003-014
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced, Front Yard, Horse Property, Landscaped, Lawn, Lot Shape-Irregular, Street Paved, Utilities - Overhead
  • Lot Location: Ocean Side Of Highway 1, Park Nearby
  • Lot Size Area: 59177

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Jul 24, 2018
Sold by
Stevenson James D
Bought by
Morton Peter and Bermingham Amy
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Matt Rapf
Sotheby's International Realty
List Price
$12,750,000
Sold Price
$10,768,570
Premium/Discount to List
-$1,981,430
-15.54%
Current Estimated Value
$10,392,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$375,896
Avg. Annual Appreciation
-0.50%

Purchase Details

Closed on
Nov 9, 2017
Sold by
Stevenson Diane L
Bought by
Stevenson Diane L and The Diane L Stevenson Family Trust

Purchase Details

Closed on
Sep 29, 2017
Sold by
Stevenson James D
Bought by
Stevenson James D and Stevenson Victoria B

Purchase Details

Closed on
Aug 14, 2017
Sold by
Stevenson James D
Bought by
Stevenson James D and Stevenson Diane L

Purchase Details

Closed on
Jul 20, 2017
Sold by
Stevenson James D
Bought by
Stevenson James D and Stevenson Diane L

Purchase Details

Closed on
May 18, 2010
Sold by
Stevenson Diane L
Bought by
Stevenson Diane L and Stevenson James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2006
Sold by
Stevenson William B
Bought by
The Stevenson Family Survivors Trust and The Stevenson Family Exemption Trust

Purchase Details

Closed on
Aug 25, 2004
Sold by
The Stevenson Family Trust
Bought by
Stevenson William B and Stevenson Leone M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1997
Sold by
Stevenson William
Bought by
Stevenson William B and Stevenson Leone M
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
Morton Peter $10,769,000 Chicago Title Company
Stevenson Diane L -- None Available
Stevenson James D -- None Available
Stevenson James D -- None Available
Stevenson James D -- None Available
Stevenson Diane L -- Ticor Title Company
The Stevenson Family Survivors Trust -- None Available
Stevenson William B -- Equity Title Company
Stevenson William B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevenson Diane L $2,000,000
Previous Owner Stevenson William B $1,500,000
Previous Owner Stevenson William B $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $10,768,570 -2.1% $4,553 / Sq Ft
06/12/2018 06/12/18 Price Changed $10,995,000 -13.8% $4,649 / Sq Ft
05/14/2018 05/14/18 For Sale $12,750,000 0.0% $5,391 / Sq Ft
05/02/2016 05/02/16 Rented $14,166 -5.6% --
04/24/2016 04/24/16 For Rent $15,000 -- --
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 $135,816 $12,013,022 $11,155,189 $857,833
2024 $135,816 $11,777,473 $10,936,460 $841,013
2023 $133,335 $11,546,543 $10,722,020 $824,523
2022 $131,778 $11,320,141 $10,511,785 $808,356
2021 $128,738 $11,098,178 $10,305,672 $792,506
2019 $126,252 $10,769,000 $10,000,000 $769,000
2018 $6,638 $518,803 $374,245 $144,558
2017 $6,600 $508,631 $366,907 $141,724
2016 $6,290 $498,659 $359,713 $138,946
2015 $6,205 $491,169 $354,310 $136,859
2014 $6,149 $481,549 $347,370 $134,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-343806

The MLS

APN: 4466-003-014