NOT LISTED FOR SALE

Estimated Value: $4,614,000 - $40,635,108

5 Beds
6 Baths
4,209 Sq Ft
$5,375/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Heated Spa
  • Malibu Elementary School Rated A
  • Home Theater
  • Atrium Room

About This Home

As of June 2020

Introducing the Point Dume House, a James Perse Private Estates Property. Located on the most coveted street on Point Dume, this 1.25-acre ocean view estate is sited discretely behind gates with a large private driveway. Designer furnished and fully stocked, the single-story four-bedroom main house offers soaring ceilings and walls of glass to enjoy the incredible indoor-outdoor Malibu lifestyle. Expansive grounds for entertaining which include rolling lawns, full outdoor kitchen, an in-ground spa tub, and a detached guest house. Private stairs to access the sand and surf below with secured keypad entry. Please inquire for short term availability and pricing. Leased for summer, available starting September 1st.

Last Agent to Rent the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 04/07/2020

The Agency

Last Renter's Agent

Sandro Dazzan

The Agency License #01418033 Listed on: 04/07/2020

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420,487

Year Built

  • Built in 2004

Lot Details

  • 1.29 Acre Lot
  • Property is zoned LCRA1*

Interior Spaces

  • 4,209 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Free Standing Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Atrium Room
  • Home Gym
  • White Water Ocean Views

Kitchen

  • Breakfast Room
  • Walk-In Pantry
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Auto Driveway Gate
  • Guest Parking

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating
  • Vented Exhaust Fan
  • Water Purifier
  • Phone System

Community Details

  • Billiard Room

Listing and Financial Details

  • Security Deposit $125,000
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4466-003-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$420,487

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 125000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 4209
  • Stories: 1
  • Year Built: 2004
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Fire Pit, Free Standing
  • Flooring: Cement, Hardwood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Garage, In Unit, Laundry Area, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Barbeque, Bar Ice Maker, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Phone System, Refrigerator, Vented Exhaust Fan, Washer, Water Filter
  • Price Per S Q F T: 29.00

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa: Heated, Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Ocean, Water, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Auto Driveway Gate, Driveway Gate, Garage - 2 Car, Parking for Guests - Onsite, Private
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4466-003-007
  • Geocode Override: No
  • Lot Size Area: 56073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Jun 11, 2020
Sold by
Perse James and James Perse Revocable Trust
Bought by
Schneider Nicholas J and The 6837 Zumlrez Drive Trust
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Sandro Dazzan
The Agency
Sold Price
$150,000
Current Estimated Value
$22,624,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,474,554

Purchase Details

Closed on
Aug 4, 2015
Sold by
Karlin Michael D and The 6837 Zumirez Trust
Bought by
Perse James and The James Perse Revocable Trus

Purchase Details

Closed on
Nov 10, 2010
Sold by
Massie A M and Lucklucky Trust
Bought by
Karlin Michael D and 6837 Zumirez Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2001
Sold by
Satmax Family Ltd Partnership
Bought by
Massie A M and Lucklucky Trust

Purchase Details

Closed on
Feb 12, 1999
Sold by
Satmax Family Ltd Partnership
Bought by
Trans Global Development Corp

Purchase Details

Closed on
Aug 17, 1998
Sold by
Rappaport Robert D and Rappaport Gaye L
Bought by
Satmax Family Ltd Partnership

Purchase Details

Closed on
Mar 10, 1997
Sold by
Rappaport Gaye L
Bought by
Rappaport Robert D

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
7.53%

Purchase Details

Closed on
Jan 9, 1997
Sold by
Rappaport Robert D
Bought by
Rappaport Robert D and Rappaport Gaye Laurel

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
7.53%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Rappaport Gaye L
Bought by
Rappaport Robert D

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
7.53%

Purchase Details

Closed on
Oct 15, 1996
Sold by
Rappaport Robert D
Bought by
Rappaport Robert D and Rappaport Gaye Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,390,000
Interest Rate
8.23%

Purchase Details

Closed on
Aug 20, 1996
Sold by
Rappaport Gaye Laurel
Bought by
Rappaport Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,390,000
Interest Rate
8.23%

Purchase Details

Closed on
Jul 22, 1994
Sold by
Rappaport Robert D
Bought by
Rappaport Robert D and Rappaport Gaye Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
5.25%

Purchase Details

Closed on
Jul 7, 1994
Sold by
Rappaport Gaye Laurel
Bought by
Rappaport Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
5.25%

Purchase Details

Closed on
Jun 30, 1993
Sold by
Kilroy John B and Kilroy Robin E
Bought by
Rappaport Robert D and Rappaport Gaye Laurel
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
Schneider Nicholas J $34,200,000 Equity Title Company
Perse James -- None Available
Karlin Michael D $16,000,160 First American Title Ins Co
Massie A M -- Chicago Title Co
Trans Global Development Corp $2,050,000 --
Satmax Family Ltd Partnership -- First American
Rappaport Robert D -- American Coast Title
Rappaport Robert D -- American Coast Title
Rappaport Robert D -- Fidelity National Title
Rappaport Robert D -- --
Rappaport Robert D -- Fidelity National Title
Rappaport Robert D -- Continental Lawyers Title Co
Rappaport Robert D -- Continental Lawyers Title Co
Rappaport Robert D $2,100,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perse James $14,000,000
Previous Owner Perse James $6,000,000
Previous Owner Perse James $8,000,000
Previous Owner Karlin Michael D $8,000,000
Previous Owner Karlin Michael D $8,000,000
Previous Owner Karlin Michael D $8,000,000
Previous Owner Karlin Michael D $8,000,000
Previous Owner Rappaport Robert D $60,000
Previous Owner Rappaport Robert D $0
Previous Owner Rappaport Robert D $50,000
Previous Owner Rappaport Robert D $1,600,000
Previous Owner Rappaport Robert D $1,390,000
Previous Owner Rappaport Robert D $1,365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Rented $100,000 -20.0% --
04/07/2020 04/07/20 For Rent $125,000 -91.1% --
05/14/2018 05/14/18 Rented $1,400,000 +617.9% --
04/23/2018 04/23/18 For Rent $195,000 -- --
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 $420,487 $37,402,694 $34,996,676 $2,406,018
2024 $420,487 $36,669,309 $34,310,467 $2,358,842
2023 $412,902 $35,950,304 $33,637,713 $2,312,591
2022 $408,213 $35,245,397 $32,978,150 $2,267,247
2021 $398,820 $34,554,312 $32,331,520 $2,222,792
2020 $217,849 $18,743,587 $14,057,692 $4,685,895
2019 $214,845 $18,376,066 $13,782,051 $4,594,015
2018 $204,092 $18,015,752 $13,511,815 $4,503,937
2016 $196,892 $17,316,181 $12,987,136 $4,329,045
2015 $194,249 $17,056,077 $12,792,058 $4,264,019
2014 $191,223 $16,721,973 $12,541,480 $4,180,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-569774

The MLS

APN: 4466-003-007