NOT LISTED FOR SALE

20638 Pacific Coast Hwy Unit 3 Malibu, CA 90265

Big Rock Neighborhood

Estimated Value: $1,438,325 - $1,546,000

1 Bed
1 Bath
576 Sq Ft
$550/mo HOA Fee

Last Sold June 17, 2020

Last sale price $1,150,000 $1,997 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,769/month

48 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Galley Kitchen
  • Webster Elementary School Rated A
  • Contemporary Architecture
  • Built-In Features

About This Home

As of June 2020

Looking for a beach getaway for the summer? Don't miss this ocean front pied-a-terre in mid-Malibu. Enjoy expansive views of Santa Monica Bay and romantic sunsets over the Pacific Ocean from this cozy one bedroom, one bath condo. Floor to ceiling Fleetwood sliding doors in the living room capture the incredible views of Catalina Island, a custom installed Murphy bed provides extra room for guests, and the recently updated bathroom features an over-sized soaking tub. Additional amenities include direct beach access, two tandem parking spaces with storage, and on-site laundry. This special home is conveniently located close to Pacific Palisades, Santa Monica and central Malibu. What a great opportunity to own a lovely beach property in paradise! Be sure to click on both the "Virtual Tour" link (mid page) and the YouTube link at the bottom.

Last Agent to Sell the Property

Lynda Marsolek

Coldwell Banker Realty License #01483271 Listed on: 03/11/2020

Coldwell Banker Realty

Co-Listed By

Christine Rodgerson

Coldwell Banker Realty License #01230442

Last Buyer's Agent

Lynda Marsolek

Coldwell Banker Realty License #01483271 Listed on: 03/11/2020

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,971

Year Built

  • Built in 1961

Lot Details

  • Beach Front
  • South Facing Home

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 576 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Area

Kitchen

  • Galley Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Tandem Parking
  • Assigned Parking

Utilities

  • Radiant Heating System
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4450-006-045

Community Details

Overview

  • Association fees include trash, water and sewer paid
  • 11 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,971

Year Built

Built in 1961

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 20638 PCH HOA
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 576
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1961
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Parquet, Tile
  • Appliances: Cooktop - Electric, Microwave
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Galley Kitchen
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Microwave, Refrigerator
  • Price Per S Q F T: 2081.60

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Exposure: South
  • Pool: No
  • View: City Lights, Coastline, Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Carport Detached, Tandem
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Heating: Radiant
  • Security: Card/Code Access
  • Water: District

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid
  • HOA Fees: 550.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4450-006-045
  • Geocode Override: No
  • Lot Location: Beach Front
  • Lot Size Area: 8397

Multi Family

  • Number Of Units: 11

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 19, 2020
Sold by
Jones Heather
Bought by
Godley Timothy and Godley Tamerlin J
Seller's Agent
Lynda Marsolek
Coldwell Banker Realty
Buyer's Agent
Lynda Marsolek
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Current Estimated Value
$1,509,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,442
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,034,885
Outstanding Balance
$919,370
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$679,405

Purchase Details

Closed on
Aug 21, 2009
Sold by
Hutton Donald E and Hutton Revocable Living Trust
Bought by
Jones Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2007
Sold by
Hutton Donald Elmer and Hutton Marjorie
Bought by
Hutton Donald E and Hutton Marjorie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Godley Timothy $1,150,000 Equity Title Company
Jones Heather $710,000 Equity Title Los Angeles
Hutton Donald E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godley Timothy $1,034,885
Previous Owner Jones Heather $468,500
Previous Owner Jones Heather $520,000
Previous Owner Hutton Donald E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $1,150,000 -4.1% $1,997 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $1,199,000 -- $2,082 / Sq Ft
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
2025 $14,971 $1,107,313 $418,318 $688,995
2024 $14,971 $1,233,030 $482,490 $750,540
2023 $14,703 $1,208,854 $473,030 $735,824
2022 $14,523 $1,185,152 $463,755 $721,397
2021 $14,174 $1,161,914 $454,662 $707,252
2020 $9,994 $802,589 $649,158 $153,431
2019 $9,850 $786,853 $636,430 $150,423
2018 $9,375 $771,425 $623,951 $147,474
2016 $9,034 $741,472 $599,723 $141,749
2015 $8,912 $730,335 $590,715 $139,620
2014 $8,790 $716,030 $579,144 $136,886
Source: Public Records

Agents Affiliated with this Home

  • Lynda Marsolek

    Seller's Agent in 2020

    Lynda Marsolek

    Coldwell Banker Realty

    (310) 994-1782

    4 Total Sales

    Lynda Marsolek
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Christine Rodgerson

    Coldwell Banker Realty

    (310) 617-6699

    5 Total Sales

    Christine Rodgerson
    Section Image
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Map

Source: The MLS

MLS Number: 20-562388

The MLS

APN: 4450-006-045

California Los Angeles County Malibu 90265 Big Rock

20638 Pacific Coast Hwy Unit 3, Malibu, CA

This home is located at 20638 Pacific Coast Hwy Unit 3, Malibu, CA 90265 since 11 March 2020 and is currently estimated at $1,509,442, approximately $2,620 per square foot. This property was built in 1961. 20638 Pacific Coast Hwy Unit 3 is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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