NOT LISTED FOR SALE

Estimated Value: $4,459,000 - $5,987,000

3 Beds
3.5 Baths
3,165 Sq Ft
$1,564/Sq Ft Est. Value

Last Sold April 11, 2013

Last sale price $2,850,000 $900 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $28,971/month

7 Days on Market

Highlights

  • Home Theater
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Warner Avenue Elementary Rated A
  • Traditional Architecture
  • Views

About This Home

As of April 2013

Affectionately known as "the Westwood pad for the Chairman of the Board," 788 Malcolm offers classic sumptuous Joe Nye designed interiors in a house tastefully renovated by architect Stephen V. Harrel, AIA. Lavish within, yet a beautiful private unostentatious, under-the-radar exterior for a discriminating client. Step from the master into a bubbling sunken hot tub after an elegant dinner or movie on the elaborate audio-visual screening system. The perfect wealthy bachelor pad or home for elegant people, 3 bedrooms including superb master, 3 1/2 baths, elegant public spaces and entertainer's kitchen/family room.

Last Agent to Sell the Property

Bob Attiyeh

Crosby Doe Associates, Inc. License #01099989 Listed on: 03/18/2013

Last Buyer's Agent

adrian grant

Beverly and Company, Inc. License #00917461

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 0.27 Acre Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,165 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library with Fireplace
  • Wood Flooring
  • Alarm System
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Parking

  • 2 Car Garage
  • Driveway
  • Parking Permit Required

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4360-013-005

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3165
  • Stories: 1
  • Year Built: 1938
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 3
  • Half Bathroom: 1
  • Three Quarter Bathrooms: 3
  • Laundry: Inside
  • Total Bathrooms: 3.50
  • Equipment: Alarm System
  • Price Per S Q F T: 900.47

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Combination, Garage - 2 Car, Permit/Decal

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4360-013-005
  • Geocode Override: No
  • Lot Size Area: 11582

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2015
Sold by
Towne Carol R
Bought by
The Carl & Susan Zimmerman Trust
Current Estimated Value
$4,951,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 18, 2013
Closed on
Mar 27, 2013
Sold by
Sharer Kevin W and Kevin W Sharer Living Trust
Bought by
Towne Carol R and Carol R Towne Family Trust
Seller's Agent
Bob Attiyeh
Crosby Doe Associates, Inc.
Buyer's Agent
adrian grant
Beverly and Company, Inc.
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Oct 13, 2004
Sold by
Sharer Kevin W
Bought by
Sharer Kevin W and The Kevin W Sharer Living Trust

Purchase Details

Closed on
Mar 16, 2004
Sold by
Sharer Kevin W and Sharer Carol H
Bought by
Sharer Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,000
Interest Rate
2.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1996
Sold by
Sharer Kevin
Bought by
Sharer Kevin and Sharer Carol H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Carl & Susan Zimmerman Trust $3,250,000 Lawyers Title
Towne Carol R $2,850,000 California Title Company
Sharer Kevin W -- --
Sharer Kevin W -- Fidelity National Title Co
Sharer Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Carl & Susan Zimmerman Trust $450,000
Previous Owner Sharer Kevin W $755,000
Closed Sharer Kevin W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2013 04/11/13 Sold $2,850,000 0.0% $900 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $2,850,000 -- $900 / Sq Ft
Source: The MLS

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 $38,803 $3,256,069 $2,147,667 $1,108,402
2024 $38,803 $3,192,225 $2,105,556 $1,086,669
2023 $38,047 $3,129,633 $2,064,271 $1,065,362
2022 $36,271 $3,068,269 $2,023,796 $1,044,473
2021 $35,833 $3,008,108 $1,984,114 $1,023,994
2019 $34,754 $2,918,888 $1,925,265 $993,623
2018 $34,596 $2,861,656 $1,887,515 $974,141
2016 $32,005 $2,658,277 $1,484,360 $1,173,917
2015 $31,533 $2,618,348 $1,462,064 $1,156,284
2014 $31,620 $2,567,059 $1,433,425 $1,133,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-658779

The MLS

APN: 4360-013-005