Seller's Agent in 2012
Susan Monus
Coldwell Banker Realty
(310) 663-1554
4 in this area
31 Total Sales
7004 Fernhill Dr Malibu, CA 90265
Point Dume NeighborhoodEstimated Value: $9,491,000 - $10,315,300
5
Beds
4.5
Baths
4,754
Sq Ft
$2,083/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Heated In Ground Pool
- Breakfast Area or Nook
- Malibu Elementary School Rated A
- Family Room with Fireplace
- Attached Garage
About This Home
As of September 2012One of Pt. Dume's most desirable and enchanting villas is available for sale for the first time since 1995. The magnitude of the living spaces, combined with their soaring ceilings opening to the beautifully landscaped lawns, patios, gardens, cascading waterfall and pool provide the perfect setting for entertaining family and friends. The large fireplaces offer a focal point for the warmth of the overall decor of the residence. The essence of Malibu is captured throughout the five bedroom single story home and a spacious detached guest house. Located on approximately 1.1 manicured acres, this home also includes a basketball hoop, hammock, 6 garages and the coveted Riviera 3 beach access to the beautiful Pt. Dume beaches.Spacious Guest House is perfect as a recording studio, screening room or gym. Bring your entertainment clients.
Last Agent to Sell the Property
Coldwell Banker Realty License #00827409 Listed on: 02/13/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $56,368
Year Built
- Built in 1990
Lot Details
- 1.11 Acre Lot
- Gated Home
- Property is zoned LCRA1*
Home Design
- Villa
Interior Spaces
- 4,754 Sq Ft Home
- 1-Story Property
- Built-In Features
- Bar
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Area
- Tile Flooring
- Security System Owned
Kitchen
- Breakfast Area or Nook
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Powder Room
- 4.5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Attached Garage
- Side by Side Parking
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Open Patio
- Outdoor Grill
Additional Homes
- Detached Guest House
Utilities
- Central Heating
- Septic Tank
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 4466-011-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2012
Closed on
Aug 9, 2012
Sold by
Ward Jerome A and The Bruce Archer Family Trust
Bought by
Dier Holdings Llc
Seller's Agent
Susan Monus
Coldwell Banker Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$5,495,000
Sold Price
$4,000,000
Premium/Discount to List
-$1,495,000
-27.21%
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
$5,699,004
Avg. Annual Appreciation
7.29%
Original Mortgage
$3,000,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 1995
Sold by
Hamilton Linda
Bought by
Ward Jerome A and The Bruce Archer Family Trust
Purchase Details
Closed on
Feb 22, 1995
Sold by
Avedon Dean A and Avedon Priscilla
Bought by
Hamilton Linda
Purchase Details
Closed on
Oct 5, 1993
Sold by
Avedon Dean A and Avedon Priscilla
Bought by
Avedon Dean A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
3.87%
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 |
|---|---|---|---|
| Dier Holdings Llc | $4,000,040 | Equity Title Los Angeles | |
| Ward Jerome A | -- | -- | |
| Hamilton Linda | -- | First American Title Company | |
| Avedon Dean A | -- | Continental Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dier Haidings Llc | $2,487,500 | |
| Closed | Dier Holdings Llc | $2,539,929 | |
| Closed | Dier Holdings Llc | $3,000,000 | |
| Previous Owner | Ward Jerome A | $900,000 | |
| Previous Owner | Avedon Dean A | $935,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2012 09/20/12 | Sold | $4,000,000 | -11.1% | $841 / Sq Ft |
| 07/27/2012 07/27/12 | Price Changed | $4,500,000 | -9.9% | $947 / Sq Ft |
| 03/30/2012 03/30/12 | Price Changed | $4,995,000 | -9.1% | $1,051 / Sq Ft |
| 02/13/2012 02/13/12 | For Sale | $5,495,000 | -- | $1,156 / Sq Ft |
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 | $56,368 | $4,925,704 | $2,748,051 | $2,177,653 |
| 2024 | $56,368 | $4,829,122 | $2,694,168 | $2,134,954 |
| 2023 | $55,313 | $4,734,435 | $2,641,342 | $2,093,093 |
| 2022 | $54,632 | $4,641,603 | $2,589,551 | $2,052,052 |
| 2021 | $53,375 | $4,550,592 | $2,538,776 | $2,011,816 |
| 2019 | $52,344 | $4,415,621 | $2,463,475 | $1,952,146 |
| 2018 | $49,459 | $4,329,041 | $2,415,172 | $1,913,869 |
| 2016 | $47,723 | $4,160,941 | $2,321,389 | $1,839,552 |
| 2015 | $47,081 | $4,098,441 | $2,286,520 | $1,811,921 |
| 2014 | $46,369 | $4,018,159 | $2,241,731 | $1,776,428 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2012
Chris Cortazzo
Compass
(310) 457-3995
33 in this area
226 Total Sales
Map
Source: The MLS
MLS Number: 12-581633
APN: 4466-011-018
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