Seller's Agent in 2015
Oliver Fries
Paloma Realty Partners, Inc.
(805) 259-9638
3 Total Sales
18860 Pacific Coast Hwy Malibu, CA 90265
Estimated Value: $6,221,000 - $8,500,000
4
Beds
3.5
Baths
3,896
Sq Ft
$1,893/Sq Ft
Est. Value
Highlights
- Ocean Front
- Gated Parking
- Contemporary Architecture
- Webster Elementary School Rated A
- Fireplace in Primary Bedroom
- Home Gym
About This Home
As of June 2015OPEN EVERY DAY. This 4 bedroom, 3.5 bath gem is a rare opportunity to own a beautiful beachfront contemporary home in Malibu. Enter through a grassy motor court into a gorgeous open floor plan that boasts ocean views from almost every room. Lower level is built as a guest unit with two bedrooms. On the main level, the chef's kitchen has views to the ocean and features Viking appliances with a large granite island perfect for entertaining. Cars on PCH cannot be heard inside the home with double pane windows throughout. Large walls throughout the living room and master bedroom are ideal for displaying an art collection. Huge ocean-facing balconies on every floor offer endless opportunities to enjoy the sea breeze. There is room to park five cars on the property, two of which are in a covered garage. A famous surf spot, Topanga Point, is adjacent to the home. Don't miss out on this beachfront opportunity situated just 10 mins North of Santa Monica and 10 mins South of the Malibu Pier.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $78,683
Year Built
- Built in 2000
Lot Details
- 5,686 Sq Ft Lot
- Ocean Front
- Property is zoned LCR303
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
- Driveway
- Gated Parking
Property Views
- Ocean
- Mountain
Home Design
- Contemporary Architecture
Interior Spaces
- 3,896 Sq Ft Home
- 3-Story Property
- Elevator
- Bar
- Entryway
- Living Room
- Dining Area
- Den with Fireplace
- Home Gym
- Concrete Flooring
- Alarm System
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Enclosed Glass Porch
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 4449-001-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2015
Closed on
Jun 24, 2015
Sold by
Kwatinetz Jeffrey E
Bought by
18860 Pch Llc
Seller's Agent
Oliver Fries
Paloma Realty Partners, Inc.
Buyer's Agent
Oliver Fries
Paloma Realty Partners, Inc.
List Price
$6,299,000
Sold Price
$6,050,000
Premium/Discount to List
-$249,000
-3.95%
Total Days on Market
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,325,269
Avg. Annual Appreciation
2.25%
Purchase Details
Closed on
Jun 5, 2006
Sold by
Lauryssen Carl
Bought by
Kwatinetz Jeffrey E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,165,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 18860 Pch Llc | $5,747,500 | Fidelity Van Nuys | |
| Kwatinetz Jeffrey E | -- | Fatcola |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 18860 Pch Llc | $3,900,000 | |
| Closed | 18860 Pch Llc | $4,000,000 | |
| Previous Owner | Kwatinetz Jeffrey E | $805,000 | |
| Previous Owner | Kwatinetz Jeffrey E | $4,165,000 | |
| Previous Owner | Kwatinetz Jeffrey E | $4,165,000 | |
| Previous Owner | Lauryssen Carl | $550,000 | |
| Previous Owner | Lauryssen Carl | $2,030,000 | |
| Previous Owner | Lauryssen Carl | $550,000 | |
| Previous Owner | Lauryssen Carl | $335,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2015 06/26/15 | Sold | $6,050,000 | -4.0% | $1,553 / Sq Ft |
| 06/15/2015 06/15/15 | Pending | -- | -- | -- |
| 04/02/2015 04/02/15 | For Sale | $6,299,000 | -- | $1,617 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $78,683 | $6,771,596 | $5,417,279 | $1,354,317 |
| 2023 | $77,180 | $6,638,820 | $5,311,058 | $1,327,762 |
| 2022 | $76,277 | $6,508,648 | $5,206,920 | $1,301,728 |
| 2021 | $74,518 | $6,381,028 | $5,104,824 | $1,276,204 |
| 2019 | $73,078 | $6,191,765 | $4,953,413 | $1,238,352 |
| 2018 | $69,438 | $6,070,359 | $4,856,288 | $1,214,071 |
| 2016 | $66,955 | $5,834,641 | $4,667,713 | $1,166,928 |
| 2015 | $64,199 | $5,590,000 | $4,697,500 | $892,500 |
| 2014 | $64,446 | $5,590,000 | $4,697,500 | $892,500 |
Source: Public Records
Agents Affiliated with this Home
-
Oliver Fries
Map
Similar Homes in Malibu, CA
Source: The MLS
MLS Number: 15-887821
APN: 4449-001-020
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