NOT LISTED FOR SALE

Estimated Value: $2,483,407 - $2,631,000

3 Beds
2 Baths
1,462 Sq Ft
$1,740/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $2,600,000 $1,778 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $16,052/month

91 Days on Market

Highlights

  • White Water Ocean Views
  • Attached Guest House
  • Property is near public transit
  • Webster Elementary School Rated A
  • Heated Spa
  • Wood Flooring

About This Home

As of July 2024

Centrally located in the heart of Malibu, steps to the ocean and deeded access to LaCosta Beach Club and Tennis Courts, a 5 minute drive to Nobu and Little Beach House Malibu, this open and light-filled residence is designed for maximum enjoyment, entertaining and incredible ocean, island, and sunset views from every room. Huge window walls and decks on all three levels offer ample opportunity to relax, dine, and entertain with the ocean in the foreground. The main open concept living/dining area, with a fireplace, sloped, beamed ceiling, and hardwood floors give that beach vibe, as well as a 14 foot wide floor-to-ceiling glass door that opens onto a deck for indoor-outdoor living and entertaining. From this upper deck a spiral staircase leads down to an ipe Brazilian hardwood deck that spans the width of the home. Off the dining area is the ocean-view kitchen, complete with Sub-Zero refrigerator and Bosch gas range, plus direct access to the two-car garage. One floor down, there are two ocean-view bedrooms, both with deck access and seating area. Stairs from this deck lead to the lower level large ipe hardwood deck, where there is a private ocean-view suite with ensuite, and a separate entrance. This deck has a Jacuzzi Spa, a covered patio, a lounging area, and, of course, ocean views. The home has a gated side yard area with storage, an Italian slate driveway, fully fenced and private treed yard with gates at every entrance, air conditioning, new septic tank, and new hot water heater. The property includes deeded rights to La Costa Beach Club for enjoyment of beach, tennis, and clubhouse facilities. Come live the Malibu lifestyle in this turnkey wonderful view home.

Last Listed By

Chris Cortazzo

Compass License #01190363 Listed on: 04/03/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,527

Year Built

  • Built in 1932

Lot Details

  • 4,023 Sq Ft Lot
  • Lot Dimensions are 47x80
  • Property is zoned LCR3*

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking
  • Unassigned Parking

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Southwestern Architecture

Interior Spaces

  • 1,462 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area

Kitchen

  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4451-022-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,527

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Southwestern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 1462
  • Lot Acreage: 0.0924
  • Lot Dimensions: 47x80
  • Stories: 2
  • Year Built: 1932
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s)
  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Wood, Stone Tile
  • Appliances: Built-Ins, Gas, Oven, Microwave, Convection Oven, Range, Range Hood, Self Cleaning Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Shower Stall, Tile, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island, In Kitchen, Living Room
  • Kitchen Features: Stone Counters, Counter Top
  • Laundry: Inside, Garage
  • Maids Room: 1
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Freezer, Garbage Disposal, Dishwasher, Microwave, Hood Fan, Ceiling Fan, Refrigerator, Range/Oven, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 1812.59

Exterior Features

  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+), Sliding Glass Doors, French Doors
  • Other Structures: GuestHouse
  • Guest House: Attached
  • Patio: Balcony, Covered, Deck(s), Living Room Balcony, Living Room Deck Attached, Wood, Patio Open
  • Pool: No
  • Spa: Above Ground, Private, Heated
  • Spa Yn: Yes
  • View: City Lights, Coastline, Panoramic, Ocean, Mountains, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Private, On street, Parking for Guests, Parking Space, Uncovered, Unassigned, Door Opener
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4451-022-044
  • Lot Description: Sidewalks, Street Asphalt, Street Paved
  • Lot Location: City, Near Public Transit
  • Lot Size Area: 4023

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jun 28, 2024
Sold by
Summers Jeremy D and Scott Sarah A
Bought by
Zoloth Joan
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Susan Cosentino
Compass
List Price
$2,795,000
Sold Price
$2,600,000
Premium/Discount to List
-$195,000
-6.98%
Total Days on Market
91
Views
129
Current Estimated Value
$2,544,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,531
Avg. Annual Appreciation
-2.70%
Original Mortgage
$1,820,000
Outstanding Balance
$1,808,844
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$735,625

Purchase Details

Listed on
Jun 18, 2016
Closed on
Feb 10, 2017
Sold by
Smith Yvonne Smart and Yvonne Smart Smith Trust
Bought by
Summers Jeremy D and Scott Sarah A
Seller's Agent
Melissa Zee
Keller Williams Beverly Hills
Buyer's Agent
Melissa Zee
Keller Williams Beverly Hills
List Price
$2,600,000
Sold Price
$1,650,000
Premium/Discount to List
-$950,000
-36.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$1,320,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2008
Sold by
Smith Yvonne Smart
Bought by
Smith Yvonne Smart and Yvonne Smart Smith Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
5.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 17, 2003
Sold by
Smith Yvonne Smart
Bought by
Smith Yvonne Smart and The Yvonne Smart Smith Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2003
Sold by
Smith Yvonne Smart
Bought by
Smith Yvonne Smart and The Yvonne Smart Smith Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5%
Mortgage Type
Unknown

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
Zoloth Joan $2,600,000 Consumers Title Company
Summers Jeremy D $1,650,000 Priority Title
Smith Yvonne Smart -- First American Title Co
Smith Yvonne Smart -- First American Title Co
Smith Yvonne Smart -- Fidelity National Title Co
Smith Yvonne Smart -- Fidelity National Title Co
Smith Yvonne Smart -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zoloth Joan $1,820,000
Previous Owner Summers Jeremy D $1,207,000
Previous Owner Summers Jeremy D $1,320,000
Previous Owner Smith Yvonne Smart $447,000
Previous Owner Smith Yvonne Smart $474,000
Previous Owner Smith Yvonne Smart $505,000
Previous Owner Smith Yvonne Smart $505,000
Previous Owner Smith Yvonne Smart $505,000
Previous Owner Smith Yvonne Smart $505,000
Previous Owner Smith Yvonne Smart $62,000
Previous Owner Smith Yvonne Smart $442,000
Previous Owner Smith Yvonne Smart $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $2,600,000 -1.9% $1,778 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
05/07/2024 05/07/24 Price Changed $2,650,000 -5.2% $1,813 / Sq Ft
04/03/2024 04/03/24 For Sale $2,795,000 +69.4% $1,912 / Sq Ft
02/22/2017 02/22/17 Sold $1,650,000 -8.3% $1,129 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
12/14/2016 12/14/16 Price Changed $1,800,000 -10.0% $1,231 / Sq Ft
08/22/2016 08/22/16 Price Changed $2,000,000 -11.1% $1,368 / Sq Ft
07/23/2016 07/23/16 Price Changed $2,250,000 -13.5% $1,539 / Sq Ft
06/18/2016 06/18/16 For Sale $2,600,000 -- $1,778 / 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
2024 $22,527 $1,877,415 $1,422,285 $455,130
2023 $22,078 $1,840,604 $1,394,398 $446,206
2022 $21,766 $1,804,514 $1,367,057 $437,457
2021 $21,249 $1,769,132 $1,340,252 $428,880
2019 $20,833 $1,716,660 $1,300,500 $416,160
2018 $19,806 $1,683,000 $1,275,000 $408,000
2016 $7,383 $590,726 $436,059 $154,667
2015 $7,284 $568,553 $429,509 $139,044
2014 $7,042 $557,417 $421,096 $136,321
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-376077

The MLS

APN: 4451-022-044