NOT LISTED FOR SALE

Estimated Value: $6,477,000 - $10,847,000

5 Beds
5.5 Baths
5,987 Sq Ft
$1,452/Sq Ft Est. Value

Highlights

  • Ocean View
  • Attached Guest House
  • Fireplace in Primary Bedroom
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Wood Flooring

About This Home

As of May 2017

Available starting August 2017 Pt Dume ocean view villa overlooking the Pt Dume Headlands Park. Beautiful furnished lease offering a 4 bedroom main house & 1 bedroom guest house. This home was meticulously built to offer the finest finishes and details throughout. Luxurious master suite with large ocean view balcony, fireplace, bathroom with large tub, shower and walk-in closet with built-ins. Spacious living areas including a large formal living room with fireplace, formal dining room, large open kitchen and great room with fireplace, additional dining area and office. Incredible cook's kitchen with Viking appliances, large center island, custom cabintry and butler's pantry. This home offers ocean views, beautiful furnishings, a detached 1 bedroom, 1 bathroom guest house, ocean view pool and spa with fountain feature, flat grassy yard, covered verandas with outdoor heaters and BBQ area. Upstairs and downstairs laundry room and laundry closet. Long term preferred. $40k short term

Last Agent to Rent the Property

Tara Switzer

Coldwell Banker Realty License #01422161 Listed on: 11/16/2016

Coldwell Banker Realty

Co-Listed By

Bruce Mibach

Compass License #01397827

Last Renter's Agent

Tara Switzer

Coldwell Banker Realty License #01422161 Listed on: 11/16/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $104,126

Year Built

  • Built in 2001

Lot Details

  • 0.58 Acre Lot
  • Property is zoned LCRA1*

Home Design

  • Villa

Interior Spaces

  • 5,987 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 10 Car Attached Garage
  • Guest Parking

Outdoor Features

  • Heated In Ground Pool
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Sport Court

Listing and Financial Details

  • Security Deposit $54,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4468-004-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$104,126

Year Built

Built in 2001

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Credit Report Paid By: Tenant
  • Furnished: Furnished
  • Security Deposit: 54000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Villa
  • Single Family Or Apt: Single Family
  • Street Number Display: No
  • Lease Terms: 1+Year
  • Living Area: 5987
  • Stories: 2
  • Year Built: 2001
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Family Room, Formal Dining Rm
  • Laundry: Inside, Laundry Area, On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4.51

Exterior Features

  • Tennis Court: Sport Court
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool Description: Heated, Private
  • Pool: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Garage Is Attached, Parking for Guests
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4468-004-021
  • Geocode Override: No
  • Lot Size Area: 25259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Celeste Trust
Bought by
Groveland Management Llc
Current Estimated Value
$8,694,363

Purchase Details

Closed on
Mar 22, 2012
Sold by
Parks James R and Celeste Trust
Bought by
Fulton Eric and Celeste Trust

Purchase Details

Closed on
Mar 23, 2005
Sold by
Colby Karenn W
Bought by
Parks James R and The Celeste Trust

Purchase Details

Closed on
Aug 9, 2004
Sold by
Battistello Marc and Battistello Sheila
Bought by
Colby Karenn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,009,000
Interest Rate
5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Groveland Management Llc $8,800,000 Lawyers Title
Fulton Eric -- None Available
Parks James R -- --
Colby Karenn W -- Chicago Title
Colby Karenn W -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colby Karenn W $250,000
Previous Owner Colby Karen W $1,009,000
Previous Owner Colby Karenn W $1,000,000
Previous Owner Battistello Marc $758,000
Previous Owner Battistello Marc $763,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Rented $27,000 0.0% --
11/16/2016 11/16/16 For Rent $27,000 0.0% --
01/04/2016 01/04/16 Rented $27,000 0.0% --
12/16/2015 12/16/15 For Rent $27,000 -32.5% --
06/03/2015 06/03/15 Rented $40,000 0.0% --
06/03/2015 06/03/15 Under Contract -- -- --
05/22/2015 05/22/15 For Rent $40,000 +60.0% --
07/08/2014 07/08/14 Rented $25,000 -10.7% --
07/08/2014 07/08/14 Under Contract -- -- --
07/16/2013 07/16/13 For Rent $28,000 +12.0% --
08/13/2012 08/13/12 Rented $25,000 -16.7% --
08/13/2012 08/13/12 Under Contract -- -- --
03/07/2012 03/07/12 For Rent $30,000 -- --
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 $104,126 $9,155,520 $7,282,800 $1,872,720
2024 $104,126 $8,976,000 $7,140,000 $1,836,000
2023 $102,220 $8,800,000 $7,000,000 $1,800,000
2022 $65,775 $5,583,577 $3,283,797 $2,299,780
2021 $64,223 $5,474,096 $3,219,409 $2,254,687
2019 $62,981 $5,311,732 $3,123,920 $2,187,812
2018 $59,606 $5,207,581 $3,062,667 $2,144,914
2016 $57,433 $5,005,366 $2,943,741 $2,061,625
2015 $56,662 $4,930,182 $2,899,524 $2,030,658
2014 $55,799 $4,833,608 $2,842,727 $1,990,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-181222

The MLS

APN: 4468-004-021