NOT LISTED FOR SALE

11850 Ebbtide Ln Malibu, CA 90265

Estimated Value: $1,331,909 - $1,529,000

2 Beds
2 Baths
1,075 Sq Ft
$700/mo HOA Fee

Last Sold July 20, 2015

Last sale price $925,000 $860 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,788/month

110 Days on Market

Highlights

  • Ocean Front
  • Primary Bedroom Suite
  • Gated Community
  • Heated In Ground Pool
  • Ocean Side of Highway 1
  • Deck

About This Home

As of July 2015

Situated on one of the most Desired streets in the Malibu Bay Club with exquisite Ocean Front Views, rare Whitewater & Sandy Beach views from both floors, and amazing Sunsets! This stunning 2 level condo has 2 bedrooms, 2 baths. The upstairs level features a bright & airy living area, spacious bedroom, floor to ceiling windows & sliding glass doors. From the large balcony, you can view the mesmerizing ocean, see dolphins playing, watch kite surfers jumping waves & pelicans in flight! An open kitchen w/granite counters, newer appliances, counter seating & separate dining area. Large Master Bedroom retreat on downstairs floor leads to private balcony, large walk-in closet w/extra storage space. Tranquil Master Bath features enormous Jacuzzi tub for 2 to soak & relax, & a free standing shower. Fall asleep to the peaceful sounds of the waves. Media/Bonus room wired w/surround sound. Downstairs can be locked-off from upstairs w/potential for rental income. Convenient covered carport w/2 storage units, 1 reserved parking space. Secure, gated complex w/heated pool, spa, paddle tennis courts and private MBC sandy beach area which extends to retaining sea wall. Easy beach access on either sides of the complex, just steps away! A true beach lover’s paradise!

Last Agent to Sell the Property

Patricia Bennett

No Firm Affiliation License #01906283 Listed on: 03/11/2015

Co-Listed By

Brad Wiseman

Equity Union License #00780341

Last Buyer's Agent

Deborah Kernahan

Compass License #00909823

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,648

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Home fronts a seawall
  • Two or More Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Chain Link Fence
  • Fence is in average condition

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Attached Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Automatic Gate
  • Parking Lot
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Turnkey
  • Block Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,075 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Drapes & Rods
  • Blinds
  • Stained Glass
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • White Water Ocean Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Sport Court
  • Living Room Balcony
  • Deck
  • Tile Patio or Porch
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Well
  • Electric Water Heater
  • Shared Septic
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 4
  • Tax Tract Number 2167
  • Assessor Parcel Number 7000230365

Community Details

Overview

  • Master Insurance
  • 130 Units
  • Malibu Bay Club Association
  • Maintained Community

Recreation

  • Ping Pong Table
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,648

Year Built

Built in 1974

Lot Details

0

HOA Fees

$700 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: Brad Wiseman
  • Other Phone Number: 818-880-9900
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Security System
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7000230365
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1075.00
  • Interior Amenities: Balcony, Crown Molding, Living Room Balcony, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 860.47
  • Room Type: Bonus Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Retreat
  • Spa Features: Association, Gunite, Heated, In Ground
  • Window Features: Blinds, Drapes, Screens, Stained Glass

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Block
  • Other Structures: Sport Court Private
  • Exterior Features: TV Antenna
  • View: Ocean, White Water
  • Fence: Yes
  • Fencing: Average Condition, Chain Link, Wrought Iron
  • Patio And Porch Features: Deck, Tile, Wood
  • Pool Features: Association, Community, Fenced, Gunite, Heated, Electric Heat, In Ground, Tile
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Parking Space, Built-In Storage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Water Line to Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Electric, Wall Furnace
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Washer Hookup, Washer Included
  • Sewer: Shared Septic
  • Water Source: Well

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Earthquake Insurance, Insurance, Maintenance Grounds, Paddle Tennis, Pool, Spa/Hot Tub, Trash
  • Association Fee: 700.00
  • Association Fee Frequency: Monthly
  • Association Name: Malibu Bay Club
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 1742.00
  • Price Per Lot Square Foot: 531.00
  • Lot Size Acres: 0.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1742.0000 Square Feet
  • Number Of Units In Community: 130
  • Number Of Units Total: 130
  • Waterfront Features: Beach Access, Ocean Access, Ocean Front, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 2167-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
Jul 2, 2015
Sold by
Bennett Bruce
Bought by
Bellamy Karen Lee
Seller's Agent
Patricia Bennett
No Firm Affiliation
Buyer's Agent
Deborah Kernahan
Compass
List Price
$989,000
Sold Price
$925,000
Premium/Discount to List
-$64,000
-6.47%
Current Estimated Value
$1,446,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,727
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Nov 7, 2008
Sold by
Bennett Patricia Conway
Bought by
Bennett Bruce

Purchase Details

Closed on
Oct 30, 2008
Sold by
Milesi Chris L and Milesi Christine Ann
Bought by
Bennett Bruce

Purchase Details

Closed on
Apr 25, 2005
Sold by
Shafai John Z
Bought by
Milesi Chris L and Milesi Christine Ann

Purchase Details

Closed on
Aug 7, 2002
Sold by
Burch Kymberley Rochelle
Bought by
Shafai John Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 11, 2002
Sold by
Mack Candace L
Bought by
Shafai John Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 13, 2000
Sold by
Lehrer Anna Maria
Bought by
Lehrer Sheldon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.96%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Lehrer Sheldon H
Bought by
Mack Candace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.96%
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
Bellamy Karen Lee $925,000 Fidelity National Title Co
Bennett Bruce -- American Coast Title
Bennett Bruce $980,500 American Coast Title
Milesi Chris L $945,000 Equity
Shafai John Z -- Fidelity National Title Co
Shafai John Z $399,000 Fidelity National Title Co
Lehrer Sheldon H -- Equity Title Company
Mack Candace L $355,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Bruce $319,000
Previous Owner Shafai John Z $350,000
Previous Owner Shafai John Z $359,650
Previous Owner Shafai John Z $59,850
Previous Owner Shafai John Z $319,200
Previous Owner Mack Candace L $87,450
Previous Owner Mack Candace L $45,000
Previous Owner Mack Candace L $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $925,000 -6.5% $860 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $989,000 -- $920 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $14,648 $1,095,004 $711,458 $383,546
2024 $14,648 $1,073,534 $697,508 $376,026
2023 $14,872 $1,052,485 $683,832 $368,653
2022 $14,200 $1,031,849 $670,424 $361,425
2021 $13,949 $1,011,617 $657,278 $354,339
2020 $12,940 $1,001,246 $650,540 $350,706
2019 $14,282 $981,615 $637,785 $343,830
2018 $14,067 $962,369 $625,280 $337,089
2017 $13,693 $943,500 $613,020 $330,480
2016 $13,369 $925,000 $601,000 $324,000
2015 $11,401 $723,000 $643,000 $80,000
2014 $10,679 $716,000 $637,000 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15051378

California Regional Multiple Listing Service (CRMLS)

APN: 700-0-230-365