$550,000
SOLD JUN 30, 2015
3 Beds
3 Baths
2,000 Sq Ft
$667/mo HOA Fee

Recently Sold

$275 Per Sq Ft

6% Below List Price

136 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Spa
  • Furnished
  • Coronado Beach Elementary School Rated 10
  • Open Floorplan
  • Balcony

About This Home

As of December 2022

MALIBU CONDO WITH BEAUTIFUL OCEAN VIEWS ON DESIRABLE FOURTH FLOOR LEVEL. 9 CEILINGS, UPGRADED CABINETS AND COUNTER TOPS, LUXURIOUS MASTER BATH FEATURES WHIRLPOOL TUB, DOUBLE SINKS, AND LARGE WALK-IN SHOWERS WITH DOUBLE SHOWER HEADS. ALL UPGRADED APPLIANCES STAY INCLUDING THE WASHER/DRYER. SECURE BUILDING WITH SECURE COVERED PARKING. ;Water: City

Last Agent to Sell the Property

Kelley Desoto

OCEAN PROPERTIES & MANAGEMENT License #3012908 Listed on: 11/03/2014

Last Buyer's Agent

Matthew Guarro

MG REAL ESTATE GROUP License #3213837

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,444

Year Built

  • Built in 2007

HOA Fees

  • $667 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Reserved Parking

Pool

  • Spa
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 741518000402

Community Details

Overview

  • Association fees include cable TV, pool, insurance, ground maintenance, pest control, trash
  • 29 Units
  • Malibu Condos
  • Malibu Condo Per Or Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,444

Year Built

Built in 2007

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Other, Stucco
  • Living Area: 2000
  • Year Built: 2007
  • Building Area Total: 2200
  • Directions to Property: SOUTH ON SOUTH ATLANTIC TO 1705 S. ATLANTIC
  • Status: Sold
  • Street Direction: S
  • Floor Number: 4
  • List Office Head Office Key Nume: 1050867
  • RATIO Current Price By Calculate: 275.00
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Spa Yn: Yes
  • Stories: 5
  • Street Number Modifier: 1705
  • Room Count: 8

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony
  • Roof: Built-Up
  • Waterfront: Yes
  • Road Surface Type: Asphalt

Garage/Parking

  • Parking Features: Covered, Garage Door Opener, Reserved

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 2000
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Malibu
  • Development: None

Lot Info

  • Zoning: R6
  • Parcel Number: 741518000402
  • Lot Features: City Limits
  • Lot Dimensions: CONDO

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 29
  • Waterfront Features: Gulf/Ocean
  • Unit Count: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Dec 13, 2022
Sold by
Black Point Ri Llc
Bought by
Kknc Properties Llc
Seller's Agent
Lynn Haynes
MORRIS REALTY AND INVESTMENTS
Buyer's Agent
Richard Sapp
COLDWELL BANKER REALTY
List Price
$1,099,000
Sold Price
$920,000
Premium/Discount to List
-$179,000
-16.29%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%

Purchase Details

Closed on
Sep 21, 2022
Sold by
Hussein Maen and Hussein Michelle
Bought by
Black Point Ri Llc

Purchase Details

Listed on
Aug 15, 2017
Closed on
Mar 7, 2019
Sold by
Martinez Isaac J
Bought by
Hussein Maen and Viveiros Michelle
Seller's Agent
Barrett Espinola
PARK PLACE REALTY ASSOCIATES
Buyer's Agent
Donna Spears
THE KEYES COMPANY
List Price
$765,000
Sold Price
$690,000
Premium/Discount to List
-$75,000
-9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%

Purchase Details

Listed on
Nov 3, 2014
Closed on
Jun 29, 2015
Sold by
Dunn & Brinkley Properties Llc
Bought by
Martinez Isaac J
Seller's Agent
Kelley Desoto
OCEAN PROPERTIES & MANAGEMENT
Buyer's Agent
Matthew Guarro
MG REAL ESTATE GROUP
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$330,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2007
Sold by
Malibu Condominiums Llc
Bought by
Dunn & Brinkley Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.55%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $920,000 --
Warranty Deed $100 --
Warranty Deed $690,000 First American Title Ins Co
Warranty Deed $550,000 Fidelity Natl Title Fl Inc
Corporate Deed $605,974 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,000 Adjustable Rate Mortgage/ARM
Previous Owner $492,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $1,295,000 +40.8% $648 / Sq Ft
12/13/2022 12/13/22 Sold $920,000 -16.3% $460 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $1,099,000 +59.3% $550 / Sq Ft
03/07/2019 03/07/19 Sold $690,000 -1.0% $345 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $697,000 -1.1% $349 / Sq Ft
11/19/2018 11/19/18 Price Changed $705,000 -4.6% $353 / Sq Ft
02/26/2018 02/26/18 Price Changed $739,000 -3.4% $370 / Sq Ft
08/15/2017 08/15/17 For Sale $765,000 +39.1% $383 / Sq Ft
06/30/2015 06/30/15 Sold $550,000 -6.0% $275 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $585,000 -- $293 / Sq Ft
Source: Stellar 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
2025 $13,444 $812,940 -- $812,940
2024 $13,444 $812,940 -- $812,940
2023 $13,444 $782,340 $0 $782,340
2022 $11,324 $708,084 $0 $708,084
2021 $10,508 $586,704 $0 $586,704
2020 $10,542 $586,704 $0 $586,704
2019 $8,994 $481,338 $0 $481,338
2018 $8,559 $448,800 $0 $448,800
2017 $9,266 $476,495 $119,124 $357,371
2016 $8,967 $425,442 $0 $0
2015 $9,351 $437,580 $0 $0
2014 $8,616 $394,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1022603

Stellar MLS

APN: 7415-18-00-0402