NOT LISTED FOR SALE

Malibu, CA 90265

Estimated Value: $5,123,000 - $6,887,000

4 Beds
4.5 Baths
4,681 Sq Ft
$1,324/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $2,700,000 $577 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $35,877/month

316 Days on Market

Highlights

  • Ocean View
  • Room in yard for a pool
  • Marble Flooring
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • Mediterranean Architecture

About This Home

As of February 2012

With panoramic ocean views this recently constructed home in is finished in the finest materials available. This single story is gated features a beautiful Limestone exterior, vaulted ceilings, marble from Portugal, birdseye light maple cabinets and stainless steel appliances. A vast outdoor entertainment patio with fountain and BBQ area over looks the pacific.

Last Agent to Sell the Property

Cormac O'Herlihy

Sotheby's International Realty License #00787980 Listed on: 02/07/2011

Last Buyer's Agent

Cormac O'Herlihy

Sotheby's International Realty License #00787980 Listed on: 02/07/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,351

Year Built

  • Built in 2008

Lot Details

  • 1.14 Acre Lot
  • Gated Home
  • Property is zoned LCR112000*

Parking

  • Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 4,681 Sq Ft Home
  • Living Room with Fireplace
  • Marble Flooring
  • Ocean Views
  • Alarm System
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4458-017-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,351

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: No
  • Living Area: 4681
  • Year Built: 2008
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Marble
  • Bedrooms: 4
  • Laundry: Inside
  • Total Bathrooms: 4.50
  • Equipment: Alarm System
  • Price Per S Q F T: 640.89

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Roof: Tile
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4458-017-020
  • Lot Size Area: 49846

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2011
Closed on
Mar 19, 2012
Sold by
Gregory Bruce and Gregory Birgitta
Bought by
Gregory Bruce and Gregory Birgitta S M
Seller's Agent
Cormac O'Herlihy
Sotheby's International Realty
Buyer's Agent
Cormac O'Herlihy
Sotheby's International Realty
List Price
$3,349,000
Sold Price
$2,700,000
Premium/Discount to List
-$649,000
-19.38%
Current Estimated Value
$6,195,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,495,965
Avg. Annual Appreciation
6.23%
Original Mortgage
$2,016,000
Outstanding Balance
$1,383,432
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$4,812,533

Purchase Details

Listed on
Feb 7, 2011
Closed on
Jan 19, 2012
Sold by
Allgrain International Inc
Bought by
Gregory Bruce and Gregory Birgitta
Seller's Agent
Cormac O'Herlihy
Sotheby's International Realty
Buyer's Agent
Cormac O'Herlihy
Sotheby's International Realty
List Price
$3,349,000
Sold Price
$2,700,000
Premium/Discount to List
-$649,000
-19.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,016,000
Outstanding Balance
$1,383,432
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$4,812,533
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
Gregory Bruce -- None Available
Gregory Bruce $2,700,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Bruce $2,016,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2012 02/01/12 Sold $2,700,000 -10.0% $577 / Sq Ft
11/02/2011 11/02/11 Price Changed $3,000,000 -10.4% $641 / Sq Ft
02/07/2011 02/07/11 For Sale $3,349,000 -- $715 / 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 $41,351 $3,471,995 $2,040,585 $1,431,410
2024 $41,351 $3,403,918 $2,000,574 $1,403,344
2023 $40,588 $3,337,176 $1,961,348 $1,375,828
2022 $40,081 $3,271,742 $1,922,891 $1,348,851
2021 $39,152 $3,207,591 $1,885,188 $1,322,403
2019 $38,414 $3,112,454 $1,829,273 $1,283,181
2018 $36,334 $3,051,426 $1,793,405 $1,258,021
2016 $35,032 $2,932,937 $1,723,766 $1,209,171
2015 $34,576 $2,888,883 $1,697,874 $1,191,009
2014 $33,423 $2,773,470 $1,664,615 $1,108,855
Source: Public Records

Agents Affiliated with this Home

  • Cormac O'Herlihy

    Seller's Agent in 2012

    Cormac O'Herlihy

    Sotheby's International Realty

    (310) 980-1194

    23 Total Sales

    Cormac O'Herlihy
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Source: The MLS

MLS Number: 11-505703

The MLS

APN: 4458-017-020

California Los Angeles County Malibu

90265

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