NOT LISTED FOR SALE

Estimated Value: $4,119,700 - $4,262,000

4 Beds
4 Baths
2,514 Sq Ft
$1,674/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $2,400,000 $955 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $26,232/month

About This Home

As of March 2016

An idyllic Cape Cod with a pool on upper Broad Beach available now for lease! This fully furnished home offers the quintessential Malibu lifestyle and is ideally located a moment's walk to the Lechuza Beach access with stunning rock formations and sandy coves. The property has undeniable curb appeal with a covered porch and a verdant front garden. As you enter the home, you are greeted by classic Malibu charm and character including wood-beamed ceilings, brick accents, and Spanish tile floors. The living room seamlessly connects to the family room with a picturesque built-in bench beneath the window, the perfect room for both hosting gatherings or relaxing and recharging. A gourmet kitchen is equipped with a breakfast bar, center island, tiled countertops, and stainless steel appliances including a Sub-Zero fridge and double ovens. The comfortable dining area features a beautiful brick fireplace and French doors leading to the peaceful backyard oasis. Surrounded by privacy hedges and beautifully landscaped grounds, enjoy a 58-foot heated lap pool/spa, built-in BBQ, dining area, and grassy lawn. There is an en-suite guest bedroom with outdoor access and a powder room on the entry-level. Upstairs, the sun-soaked primary suite offers peek-a-boo ocean views, a walk-in closet, and a spacious bathroom with a marble shower. The upper level boasts two more bedrooms and a full bathroom. Additional features include a laundry room, outdoor shower, driveway, 2-car garage with an electric car charger, and a brand new split A/C and heating system. The shops and restaurants of Trancas Country Market are conveniently located less than 2 miles away, along with beautiful sandy beaches and highly-rated schools. This is the perfect opportunity to experience coastal living in an incredible location! Available now through July 2024. January-May: $12,000/mo, June: $15,000/mo, July: $22,000/mo.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Jan 28, 2016
Sold by
Drapkin Steven G
Bought by
The Stonich Trust
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
DienDa Dinh
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%
Current Estimated Value
$4,209,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,809,675
Avg. Annual Appreciation
6.33%
Original Mortgage
$1,920,000
Outstanding Balance
$1,537,063
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,672,612

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Stonich Trust $2,400,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stonich Christopher J $1,000,000
Open The Stonich Trust $1,920,000
Previous Owner Drapkin Steven $591,500
Previous Owner Drapkin Steven G $500,000
Previous Owner Drapkin Steven G $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $14,167 +18.1% --
01/26/2024 01/26/24 Under Contract -- -- --
01/12/2024 01/12/24 For Rent $12,000 +4.3% --
09/29/2022 09/29/22 Rented $11,500 -11.5% --
09/20/2022 09/20/22 Under Contract -- -- --
08/08/2022 08/08/22 For Rent $13,000 +18.2% --
12/28/2020 12/28/20 Rented $11,000 -13.7% --
12/06/2020 12/06/20 Under Contract -- -- --
11/03/2020 11/03/20 Price Changed $12,750 -5.6% $5 / Sq Ft
09/14/2020 09/14/20 Price Changed $13,500 -10.0% $5 / Sq Ft
08/12/2020 08/12/20 For Rent $15,000 +30.4% --
11/05/2018 11/05/18 Rented $11,500 -8.0% --
11/01/2018 11/01/18 Under Contract -- -- --
08/27/2018 08/27/18 For Rent $12,500 +8.7% --
03/17/2018 03/17/18 Rented $11,500 +9.5% --
01/14/2018 01/14/18 Price Changed $10,500 -12.5% $4 / Sq Ft
12/04/2017 12/04/17 Price Changed $12,000 -4.0% $5 / Sq Ft
09/11/2017 09/11/17 For Rent $12,500 +13.6% --
12/01/2016 12/01/16 Rented $11,000 -12.0% --
09/26/2016 09/26/16 Price Changed $12,500 -16.7% $5 / Sq Ft
06/13/2016 06/13/16 For Rent $15,000 0.0% --
03/01/2016 03/01/16 Sold $2,400,000 -10.9% $955 / Sq Ft
09/10/2015 09/10/15 For Sale $2,695,000 -- $1,072 / Sq Ft

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 $32,848 $2,785,397 $2,041,930 $743,467
2023 $32,162 $2,730,783 $2,001,893 $728,890
2022 $31,785 $2,677,240 $1,962,641 $714,599
2021 $31,029 $2,624,746 $1,924,158 $700,588
2019 $30,423 $2,546,897 $1,867,088 $679,809
2018 $28,878 $2,496,959 $1,830,479 $666,480
2016 $8,072 $662,517 $378,498 $284,019
2015 $7,961 $652,566 $372,813 $279,753
2014 $7,858 $639,785 $365,511 $274,274
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map