NOT LISTED FOR SALE

Estimated Value: $5,989,000 - $7,467,759

3 Beds
3 Baths
2,372 Sq Ft
$2,830/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $5,224,000 $2,202 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $42,958/month

11 Days on Market

Highlights

  • White Water Ocean Views
  • Beach Access
  • Fireplace in Primary Bedroom
  • Malibu Elementary School Rated A
  • Cape Cod Architecture
  • Deck

About This Home

As of May 2021

First time on the market in 20 years! This is the perfect beach house for those looking to get away from the big city. Located on one of the most desirable beaches in all of Malibu, Broad Beach, behind the private gate of Sea Level Dr. This Cape Cod styled home includes 3 bedrooms and 3 baths with a great open floorpan. The 2 back bedrooms have direct access to a small backyard patio, great for hanging out with friends and very private. Master bedroom has a private balcony with a 180 degree view from Point Dime to Northern Malibu. This home also features a 2 car garage with tons of storage space and ample parking in the driveway. Don't miss out on this once in a lifetime opportunity to get your hands on a piece of property in beautiful Malibu California.

Last Agent to Sell the Property

Emma Murphy

Coldwell Banker Realty License #02116947 Listed on: 03/22/2021

Coldwell Banker Realty

Co-Listed By

Sasha Kaplan

Coldwell Banker Realty License #02078773

Last Buyer's Agent

Kevin Booker

Carolwood Estates License #01869691

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,335

Year Built

  • Built in 1986

Lot Details

  • 3,151 Sq Ft Lot
  • Lot Dimensions are 30x102
  • Gated Home
  • Property is zoned LCR1*

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Driveway

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,372 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Convection Oven
  • Gas Cooktop
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Living Room Balcony
  • Deck
  • Open Patio

Utilities

  • Central Heating
  • Central Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4470-023-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,335

Year Built

Built in 1986

Lot Details

0

HOA Fees

$529 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2372
  • Lot Acreage: 0.0723
  • Lot Dimensions: 30x102
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1986
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Living Room Balcony
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Wood, Carpet, Tile
  • Appliances: Convection Oven, Double Oven, Microwave, Cooktop - Gas
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset, All Bedrooms Up
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar
  • Kitchen Features: Counter Top, Tile Counters
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Cable, Ice Maker, Microwave, Refrigerator, Washer, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 2381.53

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Balcony, Deck(s), Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Coastline, White Water, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Built-In Storage, Garage - 2 Car, Driveway - Concrete, Direct Entrance
  • Total Parking: 4

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA Fee Frequency: Quarterly
  • HOA Fees: 1587.50
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4470-023-026
  • Lot Location: Beach Access
  • Lot Size Area: 3151

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Maurice Wainer
Bought by
Wainer Residence Trust
Current Estimated Value
$6,711,690

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 17, 2021
Sold by
Wainer Maurice
Bought by
Karmes Rosanne
Seller's Agent
Emma Murphy
Coldwell Banker Realty
Buyer's Agent
Kevin Booker
Carolwood Estates
List Price
$5,649,000
Sold Price
$5,224,000
Premium/Discount to List
-$425,000
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$3,918,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 10, 2021
Sold by
Murphy Gary James and The James J And Sheila Murphy
Bought by
Karmes Rosanne and Wainer Maurice
Seller's Agent
Emma Murphy
Coldwell Banker Realty
Buyer's Agent
Kevin Booker
Carolwood Estates
List Price
$5,649,000
Sold Price
$5,224,000
Premium/Discount to List
-$425,000
-7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,918,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2018
Sold by
Murphy Gary James
Bought by
Murphy Gary James and Murphy Sean Thomas

Purchase Details

Closed on
Dec 23, 2002
Sold by
Jsm Principle Management Llc
Bought by
Murphy James J and Murphy Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
5.86%

Purchase Details

Closed on
Jul 29, 2000
Sold by
Murphy James J
Bought by
Jsm Principal Management Llc

Purchase Details

Closed on
Aug 6, 1999
Sold by
Weinstein Lawrence Albert
Bought by
Murphy James J and Murphy Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 12, 1998
Sold by
Weinstein L And G Trs Weinstein Trust
Bought by
Weinstein Lawrence Albert and Weinstein Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.12%

Purchase Details

Closed on
Oct 28, 1997
Sold by
Weinstein Lawrence Albert
Bought by
Weinstein Lawrence Albert and Weinstein Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.87%
Source: Public Records

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
Wainer Residence Trust -- Israel Friedberg & Korbatov Ll
Karmes Residence Trust -- Israel Friedberg & Korbatov Ll
Karmes Rosanne -- Equity Title
Karmes Rosanne $5,224,000 Equity Title Los Angeles
Wainer Maurice -- Equity Title
Murphy Gary James -- None Available
Murphy James J -- Stewart Title Of Ca Inc
Jsm Principal Management Llc -- --
Murphy James J $1,460,000 First American Title Co
Weinstein Lawrence Albert -- First American Title Co
Weinstein Lawrence Albert -- --
Weinstein Lawrence Albert -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karmes Rosanne $3,918,000
Previous Owner Murphy James J $930,000
Previous Owner Murphy James J $965,000
Previous Owner Weinstein Lawrence Albert $940,000
Previous Owner Weinstein Lawrence Albert $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $5,224,000 -7.5% $2,202 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $5,649,000 0.0% $2,382 / Sq Ft
01/20/2016 01/20/16 Rented $6,500 -4.4% --
01/13/2016 01/13/16 Price Changed $6,800 -28.4% $2 / Sq Ft
01/06/2015 01/06/15 For Rent $9,500 -- --
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 $64,335 $5,543,748 $4,434,999 $1,108,749
2023 $63,084 $5,435,048 $4,348,039 $1,087,009
2022 $62,360 $5,328,480 $4,262,784 $1,065,696
2021 $24,635 $2,073,095 $1,397,358 $675,737
2020 $24,494 $2,051,839 $1,383,030 $668,809
2019 $24,152 $2,011,608 $1,355,912 $655,696
2018 $22,929 $1,972,166 $1,329,326 $642,840
2016 $22,087 $1,895,586 $1,277,707 $617,879
2015 $21,789 $1,867,113 $1,258,515 $608,598
2014 $21,465 $1,830,540 $1,233,863 $596,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-703094

The MLS

APN: 4470-023-026