NOT LISTED FOR SALE

Estimated Value: $1,065,000 - $1,609,000

2 Beds
2 Baths
1,200 Sq Ft
$1,125/Sq Ft Est. Value

Last Sold January 03, 2012

Last sale price $495,000 $412 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $7,709/month

38 Days on Market

Highlights

  • White Water Ocean Views
  • Fireplace in Primary Bedroom
  • Open Patio
  • Webster Elementary School Rated A
  • 6 Car Attached Garage
  • Bungalow

About This Home

As of January 2012

Amazing opportunity! 2Bed 2Bath home with whitewater ocean views. One level, flat yard, private. Open floor-plan, needs interior remodel but recently re-stuccoed, new ocean-view decks and re-roofed. Fireplace in master and Living room. Kitchen/dining, living and master have ocean views. Tons of potential. El Nido neighborhood- just 5 min off PCH in central Malibu.

Last Agent to Sell the Property

Dana Sparks

Beverly and Company, Inc. License #01859615 Listed on: 09/26/2011

Co-Listed By

Amy Alcini

Compass License #01265709

Last Buyer's Agent

Rick Dunlap

Coldwell Banker Realty License #01144849

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 7,998 Sq Ft Lot
  • Property is zoned LCA11*

Parking

  • 6 Car Attached Garage

Property Views

  • White Water Ocean
  • Canyon
  • Mountain

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Additional Features

  • Open Patio
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4457-015-011

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1200
  • Stories: 1
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Laminate
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 495.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • View: Canyon, Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage
  • Total Parking: 6

Utilities

  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4457-015-011
  • Lot Size Area: 7998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2011
Closed on
Dec 21, 2011
Sold by
Smith Desmond
Bought by
Angel Frank P and Lobel Meredith A
Seller's Agent
Dana Sparks
Beverly and Company, Inc.
Buyer's Agent
Rick Dunlap
Coldwell Banker Realty
List Price
$595,000
Sold Price
$495,000
Premium/Discount to List
-$100,000
-16.81%
Current Estimated Value
$1,349,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$854,620
Avg. Annual Appreciation
7.42%
Original Mortgage
$297,000
Outstanding Balance
$202,484
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,147,136

Purchase Details

Closed on
Jun 9, 1998
Sold by
Iwamura Jane
Bought by
Smith Desmond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
7.17%

Purchase Details

Closed on
May 27, 1998
Sold by
Palmer Charles R and Palmer Andrea L
Bought by
Smith Desmond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
7.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Angel Frank P $495,000 Fidelity National Title
Smith Desmond -- Equity Title Company
Smith Desmond $399,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angel Frank P $297,000
Previous Owner Smith Desmond $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2012 01/03/12 Sold $495,000 -16.8% $413 / Sq Ft
11/03/2011 11/03/11 Pending -- -- --
09/26/2011 09/26/11 For Sale $595,000 -- $496 / 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 $7,907 $621,736 $502,418 $119,318
2024 $7,907 $609,546 $492,567 $116,979
2023 $7,717 $597,595 $482,909 $114,686
2022 $7,564 $585,879 $473,441 $112,438
2021 $7,363 $574,392 $464,158 $110,234
2019 $7,208 $557,357 $450,392 $106,965
2018 $6,803 $546,429 $441,561 $104,868
2016 $6,544 $525,212 $424,415 $100,797
2015 $6,454 $517,323 $418,040 $99,283
2014 $6,375 $507,191 $409,852 $97,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-556521

The MLS

APN: 4457-015-011