NOT LISTED FOR SALE

11952 Whitewater Ln Malibu, CA 90265

Estimated Value: $1,355,748 - $1,510,000

2 Beds
1 Bath
1,044 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: December 8, 2017

Last sale price $980,000 $939 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,688 / mo

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Breakfast Bar
  • Adolfo Camarillo High School Rated A-
  • Gated Community
  • Open Patio

About This Home

As of December 2017

Malibu Bay Club - Welcome to surfer's paradise, short distance from the beach and sand. Endless coastline and ocean views from this penthouse end unit offering 2 bedrooms. Open floor plan with the ocean-side offering floor to ceiling sliding glass doors that open to a covered deck. Full kitchen, dining area, fireplace and sun drenched living spaces. Enjoy the crashing waves and amazing panoramic ocean views and beautiful sunsets. 2 parking spaces including a 1-car carport and 1 uncovered parking space. Gated with secured entry, beautiful pool area with spa and direct beach access to sandy coves below.

Last Agent to Sell the Property

Tara Switzer

Coldwell Banker Realty License #01422161 Listed on: 12/08/2017

Coldwell Banker Realty

Last Buyer's Agent

Tara Switzer

Coldwell Banker Realty License #01422161 Listed on: 12/08/2017

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Gated Home

HOA Fees

Parking

  • Attached Carport

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Carpet
  • White Water Ocean Views
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio

Utilities

  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 700-0-240-485

Community Details

Overview

  • 104 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

1,742 Sq Ft Lot

HOA Fees

$868 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Malibu Bay Club
  • Entry Floor: 2
  • Living Area: 1044
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Carpet
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Closet
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 938.70

Exterior Features

  • Tennis Court: Paddle
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool, Heated, Private
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport Attached

Utilities

  • Heating: Wall Electric
  • Security: Gated
  • Sewer: Septic Tank
  • Water: Private, Well

Association/Amenities

  • Amenities: Assoc Pet Rules, Controlled Access, Gated Community, Paddle Tennis
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 469.98
  • HOA Fees: 398.16
  • HOA: Yes
  • Unit Location: penthouse

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 700-0-240-485
  • Geocode Override: No
  • Lot Size Area: 1742

Multi Family

  • Number Of Units: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
King Joel Lee and Jaehwa Yoo
Bought by
King Art Family Trust and King
Current Estimated Value
$1,428,687

Purchase Details

Listed on
Dec 8, 2017
Closed on
Nov 21, 2017
Sold by
Sandbach Sharon F
Bought by
King Jaehwa Y and King Joel L
Seller's Agent
Tara Switzer
Coldwell Banker Realty
Buyer's Agent
Tara Switzer
Coldwell Banker Realty
List Price
$980,000
Sold Price
$980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$490,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 7, 2000
Sold by
Valkyr Marsha L
Bought by
Sandbach Sharon F

Purchase Details

Closed on
Apr 14, 1997
Sold by
Rodriguez Ricardo L and Rodriguez Marsha L
Bought by
Valkyr Marsha L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
King Art Family Trust -- None Listed On Document
King Jaehwa Y $980,000 Lawyers Title
Sandbach Sharon F $360,000 South Coast Title Company
Valkyr Marsha L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Jaehwa Y $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold $980,000 0.0% $939 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/08/2017 12/08/17 For Sale $980,000 0.0% $939 / Sq Ft
10/25/2016 10/25/16 Rented $3,500 0.0% --
10/11/2016 10/11/16 Price Changed $3,500 -7.9% $3 / Sq Ft
07/26/2016 07/26/16 Price Changed $3,800 -5.0% $4 / Sq Ft
06/29/2016 06/29/16 Price Changed $4,000 -4.8% $4 / Sq Ft
05/26/2016 05/26/16 For Rent $4,200 -- --
Source: The MLS

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 $14,935 $1,115,069 $724,796 $390,273
2024 $14,935 $1,093,205 $710,584 $382,621
2023 $15,167 $1,071,770 $696,651 $375,119
2022 $14,483 $1,050,755 $682,991 $367,764
2021 $14,229 $1,030,152 $669,599 $360,553
2020 $13,223 $1,019,591 $662,734 $356,857
2019 $14,558 $999,600 $649,740 $349,860
2018 $14,341 $980,000 $637,000 $343,000
2017 $8,547 $467,388 $357,038 $110,350
2016 $8,377 $458,225 $350,038 $108,187
2015 $8,418 $451,344 $344,781 $106,563
2014 $7,708 $442,505 $338,028 $104,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-295146

The MLS

APN: 700-0-240-485

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