D
Seller's Agent in 2024
Dianne Garnett
Coldwell Banker Realty
(805) 377-4692
1 in this area
39 Total Sales
31258 Bailard Rd Unit 1 Malibu, CA 90265
Malibu West NeighborhoodEstimated Value: $1,602,000 - $2,123,966
3
Beds
3
Baths
3,146
Sq Ft
0.29
Acres
Highlights
- Ocean View
- Art Studio
- Ocean Side of Highway 1
- Malibu Elementary School Rated A
- Across the Road from Lake or Ocean
- Dual Staircase
About This Home
As of May 2024Looking for a truly million dollar view of the ocean near Broad Beach, with huge square footage, this bank owned 3146 sq ft unit has both. However you will need to bring your checkbook to bring this property back to life. It has major deferred maintenance and you will need to replace everything. The unit has 3 bedrooms 2 baths on the main floor and a large office and studio over the garage with a separate entrance. So much potential here and location location. The possibilities to create a home, personal gym, office, guest area or art studio is all here. One can listen to the crashing waves, breath the sea air and watch the beautiful sunsets or dolphins playing. Truly a diamond in the Rough.
The property is subject to the California Civil Code Section 2429p for the first 30 days of marketing
Seller is reviewing offers at this time and looking for highest and best by 12/11/ 2023 by 11:59 PM mountain time
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 805-377-4692 License #00938489 Listed on: 12/03/2023
Co-Listed By
Don Kelber
Coldwell Banker Realty Brokerage Phone: 805-377-4692 License #00935055
Property Details
Home Type
- Condominium
Year Built
- Built in 1973
Lot Details
- Property fronts a county road
- 1 Common Wall
- Flag Lot
- Gentle Sloping Lot
- Density is 2-5 Units/Acre
Parking
- 2 Car Direct Access Garage
- Parking Available
- Workshop in Garage
- Front Facing Garage
- Side by Side Parking
- Combination Of Materials Used In The Driveway
- Shared Driveway
- Off-Street Parking
Property Views
- Ocean
- Bay
- Panoramic
- Bluff
Home Design
- Contemporary Architecture
- Traditional Architecture
- Entry on the 1st floor
- Major Repairs Completed
- Pillar, Post or Pier Foundation
- Combination Foundation
- Block Foundation
- Composition Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 3,146 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Beamed Ceilings
- Wood Burning Fireplace
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Home Office
- Art Studio
- Workshop
- Storage
- Laundry Room
- Attic
Kitchen
- Breakfast Bar
- Electric Oven
- Ceramic Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
- Bathtub with Shower
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Open Patio
- Exterior Lighting
- Porch
Location
- Across the Road from Lake or Ocean
Utilities
- Forced Air Heating System
- 220 Volts in Workshop
- Conventional Septic
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 8004
- Assessor Parcel Number 4470002054
Community Details
Overview
- Property has a Home Owners Association
- 2 Units
- Labarera Assoc Association
- Labarera HOA
Amenities
- Outdoor Cooking Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2023
Closed on
Apr 25, 2024
Sold by
Long Beach Mortgage Loan Trust and Deutsche Bank Nat'L Trust Co
Bought by
Norman And Karen Jo Schifman Family Trust and Aron And Elaine Karen Schifman Family Trust
Seller's Agent
Dianne Garnett
Coldwell Banker Realty
Buyer's Agent
Dianne Garnett
Coldwell Banker Realty
List Price
$1,424,800
Sold Price
$1,460,000
Premium/Discount to List
$35,200
2.47%
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,742
Avg. Annual Appreciation
10.64%
Purchase Details
Closed on
Feb 13, 2023
Sold by
Quality Loan Service Corp
Bought by
Deutsche Bank Nat'L Trust and Long Beach Mtg Loan Tr 2006-11
Purchase Details
Closed on
Nov 21, 2006
Sold by
Labarbera Gerald
Bought by
Labarbera Gerald
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norman And Karen Jo Schifman Family Trust | $1,510,000 | Servicelink | |
| Deutsche Bank Nat'L Trust | $1,452,965 | None Listed On Document | |
| Labarbera Gerald | -- | Accommodation |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $1,460,000 | +2.5% | $464 / Sq Ft |
| 12/13/2023 12/13/23 | Pending | -- | -- | -- |
| 12/03/2023 12/03/23 | For Sale | $1,424,800 | -- | $453 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $24,129 | $1,489,200 | $265,200 | $1,224,000 |
| 2024 | $24,129 | $2,019,600 | $326,400 | $1,693,200 |
| 2023 | $5,052 | $355,807 | $58,512 | $297,295 |
| 2022 | $4,928 | $348,831 | $57,365 | $291,466 |
| 2021 | $4,781 | $341,992 | $56,241 | $285,751 |
| 2019 | $4,680 | $331,850 | $54,574 | $277,276 |
| 2018 | $4,417 | $325,344 | $53,504 | $271,840 |
| 2016 | $4,213 | $312,712 | $51,427 | $261,285 |
| 2015 | $4,156 | $308,016 | $50,655 | $257,361 |
| 2014 | $4,113 | $301,983 | $49,663 | $252,320 |
Source: Public Records
Agents Affiliated with this Home
-
Dianne Garnett
-
D
Seller Co-Listing Agent in 2024
Don Kelber
Coldwell Banker Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23215640
APN: 4470-002-054
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 31201 Bailard Rd
- 31271 Bailard Rd
- 6442 Lunita Rd Unit 126
- 6436 Lunita Rd
- 6438 Lunita Rd
- 31001 Bailard Rd
- 31376 Broad Beach Rd
- 31388 Broad Beach Rd
- 6246 Trancas Canyon Rd
- 31505 Pacific Coast Hwy
- 31512 Anacapa View Dr
- 31522 Broad Beach Rd
- 6525 Point Lechuza Dr
- 5877 Trancas Canyon Rd
- 31554 Victoria Point Rd
- 31558 Victoria Point Rd
- 30830 Broad Beach Rd
- 31539 Anacapa View Dr
- 31583 Pacific Coast Hwy
- 33390 Pacific Coast Hwy
- 31258 Bailard Rd Unit 2
- 31260 Bailard Rd
- 31266 Pacific Coast Hwy
- 31244 Bailard Rd Unit 12
- 31238 Bailard Rd Unit 14
- 31238 Bailard Rd Unit 6
- 31230 Bailard Rd Unit 2
- 31228 Bailard Rd Unit 1
- 31240 Bailard Rd Unit A
- 31240 Bailard Rd Unit 7
- 31240 Bailard Rd
- 31246 Bailard Rd
- 31248 Bailard Rd
- 31250 Bailard Rd
- 31252 Bailard Rd
- 31240 Bailard Rd
- 31238 Bailard Rd
- 31236 Bailard Rd
- 31234 Bailard Rd
- 31232 Bailard Rd