NOT LISTED FOR SALE

Estimated Value: $2,034,000 - $2,822,000

4 Beds
3 Baths
2,690 Sq Ft
$897/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $1,788,000 $665 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $15,482/month

216 Days on Market

Highlights

  • Ocean View
  • Spa
  • 7.96 Acre Lot
  • Webster Elementary School Rated A
  • Sauna
  • Open Floorplan

About This Home

As of July 2017

Malibu view sanctuary. Peaceful, contemporary, remodeled 4 bdrm 3 bath home with top-of-the-world views from almost every room. Simple, elegant, Scandinavian-inspired design. On-trend whitewashed wood ceilings, freestanding fireplaces in lvng and bdrm, quality custom mstr closet with island. 8-acre parcel of rolling, usable land with endless possibilities and views in every direction--maybe a guesthouse, a vineyard, a beautiful garden, a pool--there's room for all. Gray-water system for eco-friendly landscape. Gated neighborhood with perfect mix of friendly neighbors and privacy in a stunning mountain setting. Beautiful 10-min drive to PCH or Malibu Cyn.

Last Listed By

Lori Beckwith

Sotheby's International Realty License #00979656 Listed on: 08/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,123

Year Built

  • Built in 1980

Lot Details

  • 7.96 Acre Lot
  • South Facing Home
  • Chain Link Fence
  • Property is zoned LCA11*

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 2,690 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Sauna
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Spa Bath

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • Spa
  • Room in yard for a pool

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4453-002-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,123

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 2
  • Entry Location: Top Level
  • Living Area: 2690
  • Lot Acreage: 7.9600
  • Probate: No
  • Stories: 2
  • Year Built: 1980
  • Builders Tract Name: Saddle Peak
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Living Room Deck Attached, Open Floor Plan
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Retreat, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 664.68

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Fence: Chain Link
  • Patio: Deck(s)
  • Pool Description: Room For
  • Pool: No
  • Roof: Tile
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: City Lights, Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Parking for Guests - Onsite
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4453-002-035
  • Geocode Override: No
  • Lot Size Area: 346780

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2017
Sold by
Warner Elhum M
Bought by
Dean Teresa and Osbourne Audley
Total Days on Market
216
Current Estimated Value
$2,413,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 2014
Sold by
Warner Elhum M
Bought by
Warner Elhum M and Peterson Emily P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2011
Closed on
Jul 23, 2013
Sold by
Danko Steve
Bought by
Warner Elhum M and Peterson Emily P
Seller's Agent
Bill Rhodes
Compass
Buyer's Agent
Bill Rhodes
Compass
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$700,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2006
Sold by
Leigh Michael
Bought by
Danko Steve and Bodnar Bernadett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 10, 2004
Sold by
Leigh Michael
Bought by
Leigh Michael and Leigh Genevieve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 26, 2002
Sold by
Leigh Michael
Bought by
Leigh Michael and Leigh Genevieve Allard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.83%
Mortgage Type
Credit Line Revolving

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
Dean Teresa $1,788,000 Lawyers Title
Warner Elhum M -- Ticor Title Company
Warner Elhum M $875,000 Fidelity Van Nuys
Danko Steve $2,150,000 Fidelity National Title Co
Leigh Michael -- Ticor Title Co Glendale
Leigh Michael -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Teresa Marie $500,000
Closed Dean Teresa $151,900
Open Dean Teresa $1,564,000
Closed Dean Teresa $500,000
Previous Owner Dean Teresa $1,100,000
Previous Owner Warner Elhum M $990,000
Previous Owner Warner Elhum M $999,000
Previous Owner Warner Elhum M $700,000
Previous Owner Danko Steve $435,000
Previous Owner Danko Steve $1,500,000
Previous Owner Leigh Michael $1,462,500
Previous Owner Leigh Michael $230,000
Previous Owner Leigh Michael $100,000
Previous Owner Leigh Michael $975,000
Previous Owner Leigh Michael $150,000
Previous Owner Leigh Michael $100,000
Previous Owner Leigh Michael $649,500
Previous Owner Leigh Michael $100,000
Previous Owner Leigh Michael $146,000
Previous Owner Leigh Michael $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $1,788,000 0.0% $665 / Sq Ft
03/02/2017 03/02/17 Price Changed $1,788,000 -3.4% $665 / Sq Ft
02/10/2017 02/10/17 For Sale $1,850,000 +3.5% $688 / Sq Ft
02/06/2017 02/06/17 Off Market $1,788,000 -- --
01/13/2017 01/13/17 Price Changed $1,850,000 -2.0% $688 / Sq Ft
10/26/2016 10/26/16 Price Changed $1,888,000 -4.6% $702 / Sq Ft
08/13/2016 08/13/16 For Sale $1,980,000 +10.7% $736 / Sq Ft
08/09/2016 08/09/16 Off Market $1,788,000 -- --
08/06/2016 08/06/16 For Sale $1,980,000 +103.1% $736 / Sq Ft
08/23/2013 08/23/13 Sold $975,000 +1.5% $362 / Sq Ft
10/25/2012 10/25/12 Price Changed $960,300 -3.9% $357 / Sq Ft
05/25/2012 05/25/12 For Sale $999,000 +2.5% $371 / Sq Ft
02/22/2012 02/22/12 Off Market $975,000 -- --
12/08/2011 12/08/11 Price Changed $999,000 -8.8% $371 / Sq Ft
11/02/2011 11/02/11 Price Changed $1,095,000 -15.7% $407 / Sq Ft
10/03/2011 10/03/11 Price Changed $1,299,000 -3.7% $483 / Sq Ft
09/13/2011 09/13/11 Price Changed $1,349,000 -9.8% $501 / Sq Ft
08/22/2011 08/22/11 For Sale $1,495,000 -- $556 / 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 $24,123 $1,994,545 $1,595,637 $398,908
2023 $23,530 $1,955,437 $1,564,350 $391,087
2022 $23,330 $1,917,096 $1,533,677 $383,419
2021 $22,760 $1,879,506 $1,503,605 $375,901
2019 $22,304 $1,823,760 $1,459,008 $364,752
2018 $21,148 $1,788,000 $1,430,400 $357,600
2016 $11,094 $906,091 $595,431 $310,660
2015 $10,945 $892,482 $586,488 $305,994
2014 $10,850 $875,000 $575,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 16-151452

The MLS

APN: 4453-002-035