NOT LISTED FOR SALE

Malibu, CA 90265

Estimated Value: $5,640,000 - $19,509,112

5 Beds
3 Baths
2,855 Sq Ft
$4,404/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $21,500,000 $7,531 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $88,425/month

19 Days on Market

Highlights

  • White Water Ocean Views
  • Guest House
  • Above Ground Spa
  • Webster Elementary School Rated A
  • Art Studio
  • Midcentury Modern Architecture

About This Home

As of December 2020

Uploaded to the MLS for comp purposes only.

Last Agent to Sell the Property

Richard Stearns

Compass License #01118915 Listed on: 07/28/2020

Compass

Co-Listed By

Chris Cortazzo

Compass License #01190363

Last Buyer's Agent

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 99x190
  • Property is zoned LCR19000*

Parking

  • 3 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,855 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Room
  • Home Office
  • Art Studio
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Above Ground Spa
  • Open Patio

Additional Features

  • Guest House
  • Air Conditioning

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4451-004-014

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Living Area: 2855
  • Lot Acreage: 0.4115
  • Lot Dimensions: 99x190
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 7880.91

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: White Water, Ocean, Coastline, Catalina
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4451-004-014
  • Lot Size Area: 17925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2006
Sold by
Roberts Dian Barnes and Roberts Family Trust
Bought by
Roberts Dian Barnes and Roberts Family Bypass Trust
Current Estimated Value
$12,574,556

Purchase Details

Closed on
Aug 6, 2003
Sold by
Roberts Dian and The Roberts Family Trust
Bought by
Roberts Dian Barnes and Roberts Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1998
Sold by
Roberts Dian B and Roberts Dian
Bought by
Roberts Dian and The Roberts Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.13%
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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Purchase History

Date Buyer Sale Price Title Company
Roberts Dian Barnes -- None Available
Roberts Dian Barnes -- Fidelity National Title
Roberts Dian -- --
Roberts Dian -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Dian Barnes $322,700
Previous Owner Roberts Dian $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $21,500,000 -4.4% $7,531 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $22,500,000 -- $7,881 / 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 $267,375 $13,719,828 $13,719,828 --
2024 $267,375 $22,815,972 $20,693,556 $2,122,416
2023 $262,681 $22,368,600 $20,287,800 $2,080,800
2022 $259,752 $21,930,000 $19,890,000 $2,040,000
2021 $253,903 $21,500,000 $19,500,000 $2,000,000
2020 $14,878 $760,327 $538,034 $222,293
2019 $14,540 $745,420 $527,485 $217,935
2018 $14,097 $730,805 $517,143 $213,662
2016 $13,799 $702,428 $497,062 $205,366
2015 $14,695 $691,878 $489,596 $202,282
2014 $14,726 $678,326 $480,006 $198,320
Source: Public Records

Agents Affiliated with this Home

  • Richard Stearns

    Seller's Agent in 2020

    Richard Stearns

    Compass

    (310) 850-9284

    72 Total Sales

    Richard Stearns
    Section Image
  • Chris Cortazzo

    Seller Co-Listing Agent in 2020

    Chris Cortazzo

    Compass

    (310) 489-7091

    203 Total Sales

    Chris Cortazzo
    Section Image
  • Kurt Rappaport

    Buyer's Agent in 2020

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    102 Total Sales

    Kurt Rappaport
    Section Image
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Source: The MLS

MLS Number: 20-672678

The MLS

APN: 4451-004-014

California Los Angeles County Malibu

90265

Not Listed for Sale

Detached

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