Seller's Agent in 2021
Shirley Sherman
Douglas Elliman
(310) 849-8834
4 in this area
13 Total Sales
6917 Grasswood Ave Malibu, CA 90265
Point Dume NeighborhoodEstimated Value: $6,462,000 - $8,781,000
3
Beds
3
Baths
3,248
Sq Ft
$2,345/Sq Ft
Est. Value
Highlights
- Ocean View
- Detached Guest House
- Wood Flooring
- Malibu Elementary School Rated A
- Maid or Guest Quarters
- No HOA
About This Home
As of September 2021On a gated lot of approx. 0.74 acre, this spacious, bright California Ranch home has been beautifully updated, on the market for the first time in 20 years. Enter this warm property to a huge lawn, patio, and views of the ocean and Palos Verdes. Formal living room has wood-burning fireplace, French doors to patio and back yard, plus enormous ocean-view picture window. Adjoins family/recreation/workout room with cement floors. Beautifully remodeled kitchen has views, high ceilings, skylights, waterfall Calacatta island, bar seating, pantry, quality appliances, plus pass-through window to patio and French doors to outdoor living/sitting area. Formal dining room with ocean views steps down to additional office/play/sitting room. Three bedrooms include serene owners suite with sitting area, French doors to yard, luxurious bath with radiant floors, and indoor/outdoor shower. Huge backyard features infrared sauna, patio for lounge/dining/bar, recreation lawn, and garden. Above two-car garage studio guest house has bathroom, kitchenette, generous storage. Additional features: crown molding, built-in speaker system, lighting fixtures from Turkey, Balinese gate, air conditioning, security cameras, automatic sprinklers, solar panels, electric car charger. A private and comfortable Point Dume sanctuary.
Last Agent to Sell the Property
Douglas Elliman License #01316456 Listed on: 03/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $73,434
Year Built
- Built in 1950 | Remodeled
Lot Details
- 0.74 Acre Lot
- Lot Dimensions are 153x210
- Gated Home
- Sprinkler System
- Property is zoned LCRA1*
Property Views
- Ocean
- Mountain
Interior Spaces
- 3,248 Sq Ft Home
- 1-Story Property
- Built-In Features
- Family Room
- Living Room with Fireplace
- Dining Room
- Den
- Center Hall
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Freezer
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
- Concrete
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Parking
- 8 Open Parking Spaces
- 2 Parking Spaces
- Driveway
Outdoor Features
- Open Patio
- Outdoor Grill
Additional Homes
- Detached Guest House
Utilities
- Central Heating and Cooling System
- Property is located within a water district
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4466-015-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2021
Closed on
Aug 25, 2021
Sold by
Kalatchi Suzette and The Suzette Kalatchi Trust
Bought by
Provissiero Marc and Provissiero Sara
Seller's Agent
Shirley Sherman
Douglas Elliman
Buyer's Agent
Tony Mark
Compass
List Price
$6,995,000
Sold Price
$6,075,000
Premium/Discount to List
-$920,000
-13.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,541,844
Avg. Annual Appreciation
5.86%
Original Mortgage
$4,860,000
Outstanding Balance
$4,395,426
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$3,221,418
Purchase Details
Closed on
Jun 21, 2010
Sold by
Kalatchi Suzette
Bought by
Kalatchi Suzette and The Suzette Kalatchi Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2009
Sold by
Kalatchi Bertan
Bought by
Kalatchi Suzette
Purchase Details
Closed on
Aug 7, 2009
Sold by
Kalatchi Suzette
Bought by
Kalatchi Suzette and Suzette Kalatchi Trust
Purchase Details
Closed on
May 25, 2000
Sold by
Dorn Anthony J
Bought by
Kalatchi Bertan and Kalatchi Suzette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Interest Rate
6.87%
Purchase Details
Closed on
Jun 3, 1999
Sold by
Dorn Tony
Bought by
Dorn Anthony J and Dorn Cynthia C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 15, 1998
Sold by
Dorn Cindy
Bought by
Dorn Tony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 31, 1997
Sold by
Peoples Security Life Insurance Company
Bought by
Dorn Tony and Dorn Cindy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
4.95%
Purchase Details
Closed on
Mar 21, 1997
Sold by
Hunter Craig C
Bought by
Poeples Security Life Insurance Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
4.95%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Provissiero Marc | $6,075,000 | Lawyers Title Company | |
| Kalatchi Suzette | -- | Accommodation | |
| Kalatchi Suzette | -- | Advantage Title Inc | |
| Kalatchi Suzette | -- | None Available | |
| Suzette Kalatchi Trust | -- | None Available | |
| Kalatchi Suzette | -- | None Available | |
| Kalatchi Bertan | -- | First American Title Co | |
| Dorn Anthony J | -- | -- | |
| Dorn Tony | -- | First American Title Co | |
| Dorn Tony | -- | Fidelity National Title Ins | |
| Poeples Security Life Insurance Company | $720,000 | First Southwestern Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Provissiero Marc | $4,860,000 | |
| Previous Owner | Kalatchi Suzette | $1,444,000 | |
| Previous Owner | Kalatchi Suzette | $1,140,500 | |
| Previous Owner | Kalatchi Suzette | $470,000 | |
| Previous Owner | Kalatchi Suzette | $729,000 | |
| Previous Owner | Kalatchi Bertan | $470,000 | |
| Previous Owner | Kalatchi Bertan | $150,000 | |
| Previous Owner | Kalatchi Bertan | $1,200,000 | |
| Previous Owner | Kalatchi Bertan | $1,220,000 | |
| Previous Owner | Dorn Tony | $250,000 | |
| Previous Owner | Dorn Tony | $750,000 | |
| Previous Owner | Dorn Tony | $663,750 | |
| Previous Owner | Dorn Tony | $592,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $6,075,000 | -6.4% | $1,870 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 07/13/2021 07/13/21 | Price Changed | $6,490,000 | -0.9% | $1,998 / Sq Ft |
| 06/08/2021 06/08/21 | Price Changed | $6,550,000 | -6.4% | $2,017 / Sq Ft |
| 03/22/2021 03/22/21 | For Sale | $6,995,000 | 0.0% | $2,154 / Sq Ft |
| 02/21/2019 02/21/19 | Rented | $40,000 | +14.3% | -- |
| 01/06/2019 01/06/19 | For Rent | $35,000 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $73,434 | $6,446,837 | $5,412,160 | $1,034,677 |
| 2024 | $73,434 | $6,320,430 | $5,306,040 | $1,014,390 |
| 2023 | $72,073 | $6,196,500 | $5,202,000 | $994,500 |
| 2022 | $71,201 | $6,075,000 | $5,100,000 | $975,000 |
| 2021 | $25,831 | $2,165,394 | $1,845,918 | $319,476 |
| 2019 | $25,325 | $2,101,169 | $1,791,168 | $310,001 |
| 2018 | $23,943 | $2,059,971 | $1,756,048 | $303,923 |
| 2016 | $23,055 | $1,979,981 | $1,687,859 | $292,122 |
| 2015 | $22,744 | $1,950,241 | $1,662,506 | $287,735 |
| 2014 | $22,420 | $1,912,039 | $1,629,940 | $282,099 |
Source: Public Records
Agents Affiliated with this Home
-
Shirley Sherman
-
Chris Cortazzo
Seller Co-Listing Agent in 2021
Chris Cortazzo
Compass
(310) 457-3995
36 in this area
226 Total Sales
-
Tony Mark
Buyer's Agent in 2021
Tony Mark
Compass
(310) 457-6275
12 in this area
75 Total Sales
-
Russell Grether
Buyer Co-Listing Agent in 2021
Russell Grether
Compass
(310) 589-2471
10 in this area
78 Total Sales
-
Ellen Francisco
Seller's Agent in 2019
Ellen Francisco
Coldwell Banker Realty
(310) 589-2464
5 in this area
32 Total Sales
-
Meril May
Buyer's Agent in 2019
Meril May
Compass
(310) 924-9955
5 Total Sales
Map
Source: The MLS
MLS Number: 21-708994
APN: 4466-015-025
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