Seller's Agent in 2021
Leo Betancourt
RE/MAX
(714) 308-7838
1 in this area
37 Total Sales
25022 Malibu Rd Malibu, CA 90265
Malibu Road NeighborhoodEstimated Value: $6,932,000 - $8,744,000
2
Beds
2
Baths
1,352
Sq Ft
$6,008/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Main Floor Bedroom
- Webster Elementary School Rated A
- Property has ocean access
- No HOA
About This Home
As of May 2021This 2BR, 2BA Malibu house has a private stretch of pristine beach! Floor to ceiling windows offer breathtaking ocean views, and you’re only a short walk from shops and cafes. A small patio with benches and plants greets you as you step up to the home. From the front door, you're surrounded by breathtaking views of the ocean, courtesy of the floor-to-ceiling windows in the living room. There’s wooden flooring, and a gas fireplace that crackles with warmth once the sun has gone down. A large flat-screen TV offers a chance to curl up with your favorite show. More ocean views wrap around the dining room. The adjoining modern kitchen has stainless steel appliances and plenty of counter-top equipment. In the master bedroom, a king bed sits by a rocking chair. The en-suite bathroom has a shower/tub combo. Bedroom 2 has a queen bed and lots of books to make the evening fly by. The en-suite bathroom features a step-in shower with a 2nd access door to the side boardwalk—follow your nose and let the ocean air lead you straight to the beach! A long wooden deck stretches out in front of the home, where there's ocean views aplenty, outdoor seating, plus an umbrella for shade. Perched right on the golden sands of Malibu, you’d be forgiven for not wanting to be anywhere but home! This gorgeous beachfront home offers you the chance to enjoy your own private slice of sun-soaked paradise along with them!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $82,073
Year Built
- Built in 1959
Lot Details
- 8,953 Sq Ft Lot
- Beach Front
- Density is 6-10 Units/Acre
- Property is zoned LCR27500*
Parking
- 2 Car Garage
Property Views
- White Water Ocean
- Coastline
- Panoramic
Interior Spaces
- 1,352 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Property has ocean access
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 4458013038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2021
Sold by
Walsh Aspen Trust
Bought by
25022 Malibu Road Llc
Total Days on Market
0
Current Estimated Value
Purchase Details
Listed on
Apr 30, 2021
Closed on
Mar 11, 2021
Sold by
Spivey John and Spivey Mary
Bought by
Schifino Paul G and Busch Jolie L
Seller's Agent
Leo Betancourt
RE/MAX TerraSol
List Price
$7,500,000
Sold Price
$6,675,000
Premium/Discount to List
-$825,000
-11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$5,000,000
Interest Rate
2.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 2014
Sold by
Spivey Mary
Bought by
Spivey John and Spivey Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 21, 2014
Sold by
Spivey Mary
Bought by
Spivey Mary
Purchase Details
Closed on
Oct 4, 2013
Sold by
Spivey Mary
Bought by
Spivey Mary and Spivey John P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2011
Sold by
Saks Living Trust
Bought by
Finn Aubrey
Purchase Details
Closed on
Oct 19, 1993
Sold by
Saks Sol
Bought by
Saks Sol and Saks Living Trust
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 |
|---|---|---|---|
| 25022 Malibu Road Llc | -- | None Listed On Document | |
| Schifino Properties Inc | -- | None Listed On Document | |
| Schifino Paul G | $6,675,000 | First Amer Ttl Co Res Div | |
| Spivey John | -- | Nextitle | |
| Spivey Mary | -- | None Available | |
| Spivey Mary | -- | None Available | |
| Saks Sol | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schifino Paul G | $5,000,000 | |
| Previous Owner | Spivey John | $300,000 | |
| Previous Owner | Spivey Mary | $300,000 | |
| Previous Owner | Finn Aubrey | $531,624 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2021 05/06/21 | Sold | $6,675,000 | -11.0% | $4,937 / Sq Ft |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- |
| 04/30/2021 04/30/21 | For Sale | $7,500,000 | -- | $5,547 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $82,073 | $7,083,119 | $5,669,617 | $1,413,502 |
| 2023 | $80,505 | $6,944,236 | $5,558,449 | $1,385,787 |
| 2022 | $79,554 | $6,808,500 | $5,446,800 | $1,361,700 |
| 2021 | $9,693 | $761,960 | $539,918 | $222,042 |
| 2020 | $9,637 | $754,148 | $534,382 | $219,766 |
| 2019 | $9,501 | $739,361 | $523,904 | $215,457 |
| 2018 | $9,017 | $724,865 | $513,632 | $211,233 |
| 2016 | $8,683 | $696,720 | $493,688 | $203,032 |
| 2015 | $8,567 | $686,256 | $486,273 | $199,983 |
| 2014 | $8,459 | $672,814 | $476,748 | $196,066 |
Source: Public Records
Agents Affiliated with this Home
-
Leo Betancourt
Map
Similar Homes in Malibu, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21091723
APN: 4458-013-038
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