NOT LISTED FOR SALE

Malibu, CA 90265

Estimated Value: $9,509,000 - $23,785,545

4 Beds
4 Baths
3,909 Sq Ft
$4,259/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $18,500,000 $4,733 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $110,998/month

82 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • In Ground Spa
  • Modern Architecture

About This Home

As of January 2020

Nestled in the world's most exclusive enclave, Malibu Colony, footsteps from Cross Creek Shopping & legendary Malibu Surf Rider Pier, the Black House is an organic masterpiece that has been renovated to perfection. Striking black cedar shingles adorn a bold, oceanside architectural tour de force, a dramatic blend of sophistication & retro style hearkening back to Malibu's golden age. The interior is a masterful mix of indoor/outdoor living spaces set before the striking beauty of the Pacific Ocean. Walls of glass perfectly frame every sunset, w/boundless views of Malibu's favorite surf spot Old Joe's.The open concept boasts an oceanside lounge, dining space & a ceiling-high brick fireplace, a quintessential piece of Mid-Century design. Walls of glass disappear leading you to an outdoor patio w/direct access to the exclusive private beach. Guests are graciously appointed w/a guest house w/kitchen & bathroom. Bring your board & sandals, & we'll give you the keys to paradise.

Last Agent to Sell the Property

Branden Williams

The Beverly Hills Estates License #01774287 Listed on: 10/23/2019

The Beverly Hills Estates

Co-Listed By

Rayni Williams

The Beverly Hills Estates License #01496786

Last Buyer's Agent

Branden Williams

The Beverly Hills Estates License #01774287 Listed on: 10/23/2019

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $286,361

Year Built

  • Built in 1965

Lot Details

  • 8,208 Sq Ft Lot
  • Property is zoned LCR16000*

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Modern Architecture

Interior Spaces

  • 3,909 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • In Ground Spa
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4452-008-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$286,361

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: No
  • Living Area: 3909
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 5103.61

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Pool: No
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Catalina, Coastline, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4452-008-028
  • Geocode Override: No
  • Lot Size Area: 8208

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2019
Closed on
Dec 13, 2019
Sold by
Statham Jason
Bought by
23330 Malibu Colony Llc
Seller's Agent
Branden Williams
The Beverly Hills Estates
Buyer's Agent
Branden Williams
The Beverly Hills Estates
List Price
$19,950,000
Sold Price
$18,500,000
Premium/Discount to List
-$1,450,000
-7.27%
Current Estimated Value
$16,647,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,852,727
Avg. Annual Appreciation
-1.81%

Purchase Details

Closed on
May 19, 2009
Sold by
Palmieri Matthew B
Bought by
Statham Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,437,500
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
23330 Malibu Colony Llc $18,500,000 Equity Title Company
Statham Jason -- Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Statham Jason $5,437,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $18,500,000 -7.3% $4,733 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
10/23/2019 10/23/19 For Sale $19,950,000 -- $5,104 / 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 $286,361 $25,437,154 $21,621,581 $3,815,573
2024 $286,361 $24,938,387 $21,197,629 $3,740,758
2023 $281,131 $24,449,400 $20,781,990 $3,667,410
2022 $277,930 $23,970,000 $20,374,500 $3,595,500
2021 $216,221 $18,691,660 $16,165,760 $2,525,900
2020 $146,769 $12,598,726 $8,853,253 $3,745,473
2019 $144,745 $12,351,693 $8,679,660 $3,672,033
2018 $137,538 $12,109,504 $8,509,471 $3,600,033
2016 $132,681 $11,639,280 $8,179,039 $3,460,241
2015 $130,864 $11,464,448 $8,056,183 $3,408,265
2014 $128,856 $11,239,876 $7,898,374 $3,341,502
Source: Public Records

Agents Affiliated with this Home

  • Branden Williams

    Seller's Agent in 2020

    Branden Williams

    The Beverly Hills Estates

    (310) 278-3311

    189 Total Sales

    Branden Williams
    Section Image
  • Rayni Williams

    Seller Co-Listing Agent in 2020

    Rayni Williams

    The Beverly Hills Estates

    (310) 925-9281

    160 Total Sales

    Rayni Williams
    Section Image
See All Agents

Source: The MLS

MLS Number: 19-522836

The MLS

APN: 4452-008-028

California Los Angeles County Malibu

90265

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