NOT LISTED FOR SALE

7038 Dume Dr Malibu, CA 90265

Estimated Value: $4,626,000 - $6,777,611

3 Beds
2 Baths
2,158 Sq Ft
$2,511/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $2,950,000 $1,367 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $31,558/month

65 Days on Market

Highlights

  • Detached Guest House
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Malibu Elementary School Rated A
  • Views of Trees
  • Wood Flooring

About This Home

As of September 2017

This feel good house is the gem on Point Dume, Malibu, you have been waiting for your own personal boutique Beach House. Imagine a hip resort back yard where you can relax with your family and friends around the fire-pit, playing bocci ball, grilling veggies out of your own garden, after rinsing off in the outdoor shower post surf session or beach walk. There are two dwellings on the property. The main house is beach casual with 3bd, 2bth, approx. 2,150 sq.ft., fireplace in living room, large kitchen with separate dining, and a master that spills out onto the backyard oasis. The second dwelling is a detached and private 1bd, 1ba, approx. 1,000 sq.ft. fully equipped guest house with full kitchen, living and bedroom. The guest house has a totally separate entrance and private, gated yard. Perfect for your out of town guests or in laws, also a great space for a music studio, art room, or private home office. The entertainers backyard is +/- one half acre

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 07/03/2017

Sotheby's International Realty

Last Buyer's Agent

greg moesser

Sotheby's International Realty License #00634345

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.48 Acre Lot
  • Gated Home
  • Sprinklers on Timer
  • Property is zoned LCRA1*

Parking

  • Brick Driveway

Interior Spaces

  • 2,158 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Views of Trees

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer

Outdoor Features

  • Open Patio
  • Front Porch

Utilities

  • Central Heating
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4466-014-023

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: Ground Level
  • Street Number Display: Yes
  • Advertising Remarks: SHEN SCHULZ, SOTHEBY'S INTERNATIONAL REALTY MALIBU 310-980-8809, SHENREALTY.COM 7038dumedrive.com
  • Entry Location: Main Level
  • Living Area: 2158
  • Stories: 1
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Tile, Wood
  • Appliances: Cooktop - Gas, Gas, Gas/Electric Range, Oven-Gas, Range Hood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: In Kitchen
  • Maids Room: 1
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 1517.61
  • Windows: French Windows

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Patio Open, Porch - Front
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Driveway - Brick

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Heating: Central
  • Security: Gated
  • Sewer: On Site, Septic Tank
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4466-014-023
  • Geocode Override: No
  • Lot Size Area: 21117

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Aug 23, 2017
Sold by
Winfield Peter S
Bought by
Mejia Wayne and The Coconut Trust
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
greg moesser
Sotheby's International Realty
List Price
$3,495,000
Sold Price
$2,950,000
Premium/Discount to List
-$545,000
-15.59%
Current Estimated Value
$5,418,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,468,653
Avg. Annual Appreciation
7.59%
Original Mortgage
$2,360,000
Outstanding Balance
$1,908,532
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$3,510,121

Purchase Details

Closed on
Apr 7, 2004
Sold by
Winfield John S
Bought by
Winfield Peter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Valdman Slavick and Valdman Jennifer
Bought by
Winfield Peter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,250
Interest Rate
5.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mejia Wayne $2,950,000 Equity Title Company
Winfield Peter S -- Chicago Title
Winfield Peter S $1,095,000 Fidelity National Title Co
Winfield John S -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Wayne $2,360,000
Previous Owner Winfield Peter S $900,000
Previous Owner Winfield Peter S $821,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2017 09/25/17 Sold $2,950,000 -9.9% $1,367 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/02/2017 08/02/17 Price Changed $3,275,000 -6.3% $1,518 / Sq Ft
07/03/2017 07/03/17 For Sale $3,495,000 0.0% $1,620 / Sq Ft
07/07/2015 07/07/15 Rented $6,500 0.0% --
07/07/2015 07/07/15 Under Contract -- -- --
07/03/2015 07/03/15 For Rent $6,500 -- --
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 $38,677 $3,356,591 $2,685,275 $671,316
2024 $38,677 $3,290,776 $2,632,623 $658,153
2023 $37,937 $3,226,252 $2,581,003 $645,249
2022 $37,447 $3,162,994 $2,530,396 $632,598
2021 $36,565 $3,100,976 $2,480,781 $620,195
2019 $35,853 $3,009,000 $2,407,200 $601,800
2018 $34,002 $2,950,000 $2,360,000 $590,000
2016 $15,839 $1,339,688 $975,344 $364,344
2015 $15,626 $1,319,566 $960,694 $358,872
2014 $15,411 $1,293,719 $941,876 $351,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-247368

The MLS

APN: 4466-014-023