NOT LISTED FOR SALE

Estimated Value: $2,389,227 - $4,921,000

7 Beds
5 Baths
3,380 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $2,000,000 $592 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $18,496/month

200 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Living Room with Fireplace
  • Malibu Elementary School Rated A
  • Above Ground Spa
  • Traditional Architecture

About This Home

As of May 2019

Point Dume With Ocean Views over Zuma Beach 2 Houses plus a separate Guest House. 3 bedroom 2 bath fully upgraded Lower House and guest house on Month to month lease at $7500 per month and 3 Bedroom Upper House currently leased for $4700 per month to June 2019. Lower 3 bedroom house has a upgraded kitchen modern appliances and beautiful ocean view out the front windows and from the yard. Upper house has panoramic ocean view from a deck off the living room. This is a spectacular Point Dume Value. NO SHOWINGS UNTIL NOVEMBER 15, 2018.

Last Agent to Sell the Property

Terry Lucoff

Coldwell Banker Realty License #01112504 Listed on: 10/15/2018

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,130

Year Built

  • Built in 1956

Lot Details

  • 0.87 Acre Lot
  • Level Lot
  • Front Yard Sprinklers
  • Property is zoned LCR22L

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Above Ground Spa
  • Property has ocean access
  • Balcony

Location

  • Ground Level Unit

Utilities

  • Central Heating
  • Property is located within a water district
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4468-006-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,130

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Ground Level
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 7
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Master Bedroom
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Ceramic Counters
  • Laundry: Garage
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Range/Oven

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool: No
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car

Utilities

  • Heating: Central
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Front
  • Assessor Parcel Number: 4468-006-009
  • Geocode Override: No
  • Lot Description: Lot-Level/Flat
  • Lot Location: Ocean Access
  • Lot Size Area: 37951

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Apr 1, 2019
Sold by
The Jo Ann Lynne 2014 Trust
Bought by
The Skene Revocable Family Trust
Seller's Agent
Terry Lucoff
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,995,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,995,000
-49.94%
Current Estimated Value
$2,980,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$980,354
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Dec 3, 2014
Sold by
Fletcher Jo Ann L and Jo Ann L Fletcher 2011 Trust
Bought by
Jo Anny Lynne 2014 Trust

Purchase Details

Closed on
Jul 10, 2013
Sold by
Fletcher Jo Ann L
Bought by
Fletcher Jo Ann L and The Jo Ann L Fletcher 2011 Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2013
Sold by
Fletcher Jo Ann
Bought by
Fletcher Jo Ann L and Jo Ann L Fletcher 2011 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Fletcher Joann L
Bought by
Fletcher John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2003
Sold by
Jensen J Alan and Jambtu Trust
Bought by
Fletcher John R and Fletcher Joann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
4.75%

Purchase Details

Closed on
Jan 20, 2002
Sold by
Beck Alice M and Beck Alan Jensen
Bought by
Beck Alice M and Beck Alan Jensen

Purchase Details

Closed on
Feb 18, 1997
Sold by
Wilson Family Trust
Bought by
Beck Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.75%

Purchase Details

Closed on
Nov 1, 1996
Sold by
Furnival Donald R and Furnival Leslie A
Bought by
Fletcher James P and The Wilson Family Trust

Purchase Details

Closed on
May 31, 1996
Sold by
Fletcher James P and Wilson Family Trust
Bought by
Fletcher James P and Wilson Family Trust
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
The Skene Revocable Family Trust $2,000,000 Equity Title Company
Jo Anny Lynne 2014 Trust -- None Available
Fletcher Jo Ann L -- None Available
Fletcher Jo Ann L -- None Available
Fletcher Jo Ann -- None Available
Fletcher John R -- Gateway Title Company
Fletcher John R $1,390,000 Equity Title Company
Beck Alice M -- --
Beck Alice M $760,000 Continental Lawyers Title Co
Fletcher James P -- --
Fletcher James P -- --
Fletcher James P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skene Jack A $400,000
Closed Skene Jack A $430,000
Previous Owner Fletcher Jo Ann $879,000
Previous Owner Fletcher John R $908,000
Previous Owner Fletcher John R $1,000,000
Previous Owner Fletcher John R $1,100,000
Previous Owner Fletcher John R $999,999
Previous Owner Beck Alice M $460,000
Closed Beck Alice M $224,000
Closed Fletcher John R $112,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $2,000,000 -49.9% $592 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $3,995,000 0.0% $1,182 / Sq Ft
02/24/2017 02/24/17 Rented $7,500 -2.6% --
02/21/2017 02/21/17 Off Market $7,700 -- --
02/17/2017 02/17/17 For Rent $7,700 -- --
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 $26,130 $2,231,036 $2,231,036 --
2024 $26,130 $2,187,291 $2,187,291 --
2023 $25,618 $2,144,403 $2,144,403 $0
2022 $25,314 $2,102,356 $2,102,356 $0
2021 $24,728 $2,061,134 $2,061,134 $0
2020 $24,548 $2,040,000 $2,040,000 $0
2019 $18,917 $1,545,141 $1,545,039 $102
2018 $20,853 $1,769,317 $1,514,745 $254,572
2016 $20,074 $1,700,615 $1,455,927 $244,688
2015 $19,806 $1,675,071 $1,434,058 $241,013
2014 $19,538 $1,642,259 $1,405,967 $236,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-396536

The MLS

APN: 4468-006-009