NOT LISTED FOR SALE

28711 Pacific Coast Hwy Unit 22 Malibu, CA 90265

Estimated Value: $917,198 - $1,030,000

2 Beds
1.5 Baths
1,007 Sq Ft
$966/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $740,000 $735 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,777/month

11 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Contemporary Architecture
  • Malibu Elementary School Rated A
  • 319,725 Sq Ft lot
  • Property is near public transit

About This Home

As of February 2018

Stunning "move-in ready" 2-story townhome with high ceilings and paver/wood floors. This two bedroom/two bath home offers a main level fireplace living room that's open to a beautiful stone counter kitchen with large breakfast bar and custom wood/glass cabinets. Glass slider doors open to a generous patio for outdoor dining/entertaining. The second level includes a high ceiling owner's suite with large closet and small private wood deck, a second bedroom that shares a luxurious double vanity shower/tub bathroom, and a washer/dryer closet. There is a two-car garage with second level storage area and a community pool. Located minutes from some of the most spectacular sandy beaches, hiking trails, shopping, and restaurants, this is a great location for students attending Pepperdine University or someone wanting a second home to enjoy everything that Malibu has to offer.

Last Agent to Sell the Property

Alexander Purewal

The Agency License #01910573 Listed on: 01/18/2018

The Agency

Co-Listed By

Chris Cortazzo

Compass License #01190363

Last Buyer's Agent

David Yun

Compass License #01965361

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,368

Year Built

  • Built in 1988

Lot Details

  • 7.34 Acre Lot
  • Property is zoned LCR3-R1200

HOA Fees

  • $464 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,007 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Raised Hearth
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Views of Woods
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Pavers

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • Powder Room
  • Double Vanity
  • Bathtub with Shower

Parking

  • 2 Car Detached Garage
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Open Patio

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4467-015-034

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,368

Year Built

Built in 1988

Lot Details

0

HOA Fees

$464 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Zumirez View
  • Entry Floor: 0
  • Entry Location: Living Room
  • Living Area: 1007
  • Planned Urban Dev: 1
  • Stories: 2
  • Unit Floor In Building: 0
  • Year Built: 1988
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Drywall Walls, High Ceilings (9 Feet+), Living Room Deck Attached, Mirrored Closet Door(s), Pre-wired for high speed Data, Turnkey
  • Fireplace Rooms: Living Room, Raised Hearth
  • Flooring: Pavers, Wood
  • Appliances: Built-Ins, Free Standing Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, In Kitchen, Living Room
  • Kitchen Features: Open to Family Room, Tile Counters
  • Laundry: In Closet, On Upper Level
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Freezer, Garbage Disposal, Network Wire, Phone System, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 694.14

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Tennis Court Y/N: No
  • Patio: Balcony, Living Room Deck Attached, Tile
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Garage - 2 Car, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Heating: Central
  • Security: Smoke Detector
  • Water: District

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Guest Parking, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 464.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4467-015-034
  • Geocode Override: No
  • Lot Description: Street Paved
  • Lot Location: Near Public Transit
  • Lot Size Area: 319725

Multi Family

  • Number Of Units: 30

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 2, 2018
Sold by
Sanders Buck H
Bought by
Rando Margaret
Seller's Agent
Alexander Purewal
The Agency
Buyer's Agent
David Yun
Compass
List Price
$699,000
Sold Price
$740,000
Premium/Discount to List
$41,000
5.87%
Current Estimated Value
$995,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,366
Avg. Annual Appreciation
3.73%
Original Mortgage
$518,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2004
Sold by
Wilson Scoot
Bought by
Sanders Buck H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Rando Margaret $740,000 Lawyers Title
Sanders Buck H $622,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rando Margaret $504,575
Closed Rando Margaret $518,000
Previous Owner Sanders Buck H $497,600
Previous Owner Calandra Victor $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $740,000 +5.9% $735 / Sq Ft
01/18/2018 01/18/18 For Sale $699,000 +19871.4% $694 / Sq Ft
01/12/2016 01/12/16 Sold $3,500 0.0% $3 / Sq Ft
01/12/2016 01/12/16 Rented $3,500 0.0% --
12/13/2015 12/13/15 Pending -- -- --
12/13/2015 12/13/15 Under Contract -- -- --
10/19/2015 10/19/15 For Sale $3,500 0.0% $3 / Sq Ft
10/18/2015 10/18/15 For Rent $3,950 0.0% --
06/25/2014 06/25/14 Sold $3,500 0.0% $3 / Sq Ft
06/22/2014 06/22/14 For Sale $3,500 0.0% $3 / Sq Ft
06/19/2014 06/19/14 Rented $3,500 0.0% --
06/19/2014 06/19/14 For Rent $3,500 -- --
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 $10,368 $841,986 $673,590 $168,396
2024 $10,368 $825,478 $660,383 $165,095
2023 $10,134 $809,293 $647,435 $161,858
2022 $9,955 $793,426 $634,741 $158,685
2021 $9,706 $777,870 $622,296 $155,574
2019 $9,511 $754,800 $603,840 $150,960
2018 $9,201 $761,983 $609,590 $152,393
2016 $8,856 $732,396 $585,920 $146,476
2015 $8,736 $721,395 $577,119 $144,276
2014 $8,622 $707,265 $565,815 $141,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-304472

The MLS

APN: 4467-015-034