NOT LISTED FOR SALE

Estimated Value: $6,161,000 - $10,496,301

10 Beds
5 Baths
5,192 Sq Ft
$1,700/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $10,000,000 $1,926 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $57,294/month

28 Days on Market

Highlights

  • White Water Ocean Views
  • In Ground Spa
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Living Room with Fireplace
  • No HOA

About This Home

As of June 2021

Located behind private gates in one of the most idyllic settings in Malibu, this bluff-top Point Dume property is not to be missed. With breathtaking white water, coastline and island views it sits on over one acre of lushly landscaped grounds. The main structure is a 4 bedroom home, while the property boasts a separate structure containing 3 ocean view guest units that overlook the Pacific. An incredible opportunity for the most discriminating of buyers to own in a highly desirable section of prestigious Birdview Ave. Create your own private Malibu compound with 10 bedrooms and 5 bathrooms in total on the title. The opportunities for this special property are endless

Last Agent to Sell the Property

Kathy Ellis

Coldwell Banker Realty License #01320487 Listed on: 08/31/2020

Coldwell Banker Realty

Co-Listed By

Eric Haskell

The Agency License #01866805

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,103

Year Built

  • Built in 1959

Lot Details

  • 1.03 Acre Lot
  • Gated Home
  • Property is zoned LCR220000*

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Interior Spaces

  • 5,192 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • In Ground Spa
  • Open Patio
  • Outdoor Fireplace
  • Lanai

Utilities

  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4468-021-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,103

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 5192
  • Lot Acreage: 1.0323
  • Stories: 1
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Exterior
  • Flooring: Carpet, Wood, Hardwood
  • Bedrooms: 10
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Refrigerator, Range/Oven
  • Price Per S Q F T: 2311.25

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean, White Water, Panoramic, Coastline
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-021-002
  • Lot Size Area: 44967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
May 18, 2021
Sold by
Hale Nicholas and Hale Jennifer Smith
Bought by
Pfeiffer William and The William Pfeiffer Family Tr
Seller's Agent
Kathy Ellis
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$12,000,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,000,000
-16.67%
Current Estimated Value
$8,828,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,171,900
Avg. Annual Appreciation
-2.59%
Original Mortgage
$1,580,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2014
Sold by
Smith Anne and Jennifer Smiths Living Trust
Bought by
Smith Hale Nicholas and Smith Hale Jennifer

Purchase Details

Closed on
Jun 26, 2012
Sold by
Smith Hale Nicholas and Smith Hale Jennifer
Bought by
Smith Anne and Jennifer Smiths Living Trust

Purchase Details

Closed on
Jan 5, 2012
Sold by
Smith Hale Nicholas and Smith Hale Jennifer
Bought by
Smith Hale Nicholas and Smith Hale Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2010
Sold by
Smith Anne and Jennifer Smiths Living Trust
Bought by
Hale Jennifer Smith and Hale Nicholas

Purchase Details

Closed on
Nov 4, 2005
Sold by
Hale Jennifer Smith
Bought by
Hale Nicholas

Purchase Details

Closed on
Mar 23, 2005
Sold by
Hale Nicholas
Bought by
Hale Jennifer Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,566,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 24, 2002
Sold by
Hale Jennifer Smith
Bought by
Smith Hale Nicholas and Smith Hale Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2002
Sold by
Smith Robert N and Jennifer Smiths Living Trust
Bought by
Hale Jennifer Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2001
Sold by
Hale Jennifer Smith
Bought by
Hale Nicholas

Purchase Details

Closed on
Jul 26, 2000
Sold by
Smith Hale Nicholas and Smith Hale Jennifer
Bought by
Smith Hale Nicholas and Smith Hale Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,815,000
Interest Rate
8.2%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Liane Weintraub
Bought by
Smith Hale Nicholas and Smith Hale Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,815,000
Interest Rate
8.2%

Purchase Details

Closed on
Nov 18, 1998
Sold by
Smith Roger R and Boruchoff Leo
Bought by
Weintraub Liane

Purchase Details

Closed on
Jul 11, 1997
Sold by
Girot Charles F
Bought by
Smith Roger R and Boruchoff Leo
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
Pfeiffer William $10,000,000 First American Title Company
Smith Hale Nicholas -- Accommodation
Smith Anne -- None Available
Smith Hale Nicholas -- Ortc
Hale Jennifer Smith -- None Available
Smith Hale Nicholas -- None Available
Hale Nicholas -- --
Hale Jennifer Smith -- --
Smith Hale Nicholas -- --
Hale Jennifer Smith -- Equity Title
Hale Jennifer Smith -- --
Hale Nicholas -- --
Smith Hale Nicholas -- Fidelity Title
Smith Hale Nicholas -- Equity Title
Weintraub Liane -- Equity Title
Weintraub Liane -- --
Smith Roger R $1,300,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Pfeiffer Family Trust $6,000,000
Closed Hale Nicholas $1,580,000
Closed Pfeiffer William $5,000,000
Previous Owner Smith Hale Nicholas $2,300,000
Previous Owner Hale Nicholas $2,970,000
Previous Owner Hale Nicholas $2,350,000
Previous Owner Hale Nicholas $2,439,000
Previous Owner Smith Hale Nicholas $2,500,000
Previous Owner Hale Jennifer Smith $2,566,500
Previous Owner Hale Jennifer Smith $2,550,000
Previous Owner Hale Jennifer Smith $2,550,000
Previous Owner Smith Hale Nicholas $1,815,000
Closed Smith Hale Nicholas $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $10,000,000 -16.7% $1,926 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $12,000,000 -- $2,311 / Sq Ft
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 $123,103 $10,824,319 $8,469,489 $2,354,830
2024 $123,103 $10,612,078 $8,303,421 $2,308,657
2023 $120,860 $10,403,999 $8,140,609 $2,263,390
2022 $119,445 $10,200,000 $7,980,990 $2,219,010
2021 $41,728 $3,480,231 $3,020,851 $459,380
2020 $41,493 $3,444,546 $2,989,876 $454,670
2019 $40,928 $3,377,006 $2,931,251 $445,755
2018 $38,686 $3,310,791 $2,873,776 $437,015
2016 $37,270 $3,182,232 $2,762,185 $420,047
2015 $36,777 $3,134,433 $2,720,695 $413,738
2014 $36,265 $3,073,035 $2,667,401 $405,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-626200

The MLS

APN: 4468-021-002