NOT LISTED FOR SALE

31258 Bailard Rd Unit 2 Malibu, CA 90265

Malibu West Neighborhood

Estimated Value: $1,212,000 - $1,872,000

3 Beds
2 Baths
1,344 Sq Ft
0.29 Acres

Last Sold December 29, 2017

Last sale price $1,075,000 $800 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,201/month

63 Days on Market

Highlights

  • White Water Ocean Views
  • Unit is on the top floor
  • No HOA
  • Malibu Elementary School Rated A
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of December 2017

Spectacular ocean views and sunsets over Zuma Beach from this top floor unit of this duplex condo. New carpet and paint, bright and clean. Large deck off the living room and shared common area lawn/yard below. Open beam ceilings and red tile kitchen leading to open dining and living areas that enjoy the expansive 180 degree ocean view. 2 car attached garage w/ laundry hook-ups inside.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 10/12/2017

Sotheby's International Realty

Last Buyer's Agent

Kathryn King-Van Wie

License #01815287

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 0.29

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Mountain

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Composition Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Location

  • Unit is on the top floor

Utilities

  • Central Heating
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4470-002-055

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: Top Level
  • Street Number Display: Yes
  • Advertising Remarks: Shen Schulz, Sotheby's International Realty, 310.980.8809 - www.shenrealty.com
  • Complex Name: none
  • Entry Floor: 2
  • Living Area: 1344
  • Planned Urban Dev: 0
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Linoleum, Parquet
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 844.49

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car

Utilities

  • Heating: Central
  • Water: District

Association/Amenities

  • Amenities: Unknown
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-002-055
  • Geocode Override: No
  • Lot Size Area: 12507

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Dec 13, 2017
Sold by
Banducci Brian
Bought by
Brandler Shelleylyn
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Kathryn King-Van Wie
List Price
$1,195,000
Sold Price
$1,075,000
Premium/Discount to List
-$120,000
-10.04%
Current Estimated Value
$1,526,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,556
Avg. Annual Appreciation
4.47%
Original Mortgage
$860,000
Outstanding Balance
$724,232
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$802,324

Purchase Details

Listed on
Oct 3, 2012
Closed on
Oct 1, 2013
Sold by
Fairbank Robert Harold
Bought by
Banducci Brian and Banducci Nichole
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Shen Schulz
Sotheby's International Realty
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$625,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2003
Sold by
Labarbera Gerald
Bought by
Fairbank Robert Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Brandler Shelleylyn $1,075,000 Usa Natinal Title Co
Banducci Brian $850,000 Usa National Title Co Inc
Fairbank Robert Harold $700,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandler Shelleylyn $860,000
Previous Owner Banducci Brian $625,500
Previous Owner Fairbank Robert Harold $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2017 12/29/17 Sold $1,075,000 -5.3% $800 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
11/04/2017 11/04/17 Price Changed $1,135,000 -5.0% $844 / Sq Ft
10/12/2017 10/12/17 For Sale $1,195,000 +40.6% $889 / Sq Ft
10/30/2013 10/30/13 Sold $850,000 -2.9% $632 / Sq Ft View Prior Sale
09/28/2013 09/28/13 Price Changed $875,000 -2.7% $651 / Sq Ft
05/18/2013 05/18/13 Price Changed $899,000 -3.9% $669 / Sq Ft
03/06/2013 03/06/13 Price Changed $935,000 -4.1% $696 / Sq Ft
11/27/2012 11/27/12 For Sale $975,000 +14.7% $725 / Sq Ft
11/27/2012 11/27/12 Off Market $850,000 -- --
11/01/2012 11/01/12 Price Changed $975,000 -9.3% $725 / Sq Ft
10/03/2012 10/03/12 For Sale $1,075,000 -- $800 / 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 $14,628 $1,223,162 $1,024,044 $199,118
2024 $14,628 $1,199,179 $1,003,965 $195,214
2023 $14,317 $1,175,667 $984,280 $191,387
2022 $14,090 $1,152,616 $964,981 $187,635
2021 $13,744 $1,130,016 $946,060 $183,956
2019 $13,470 $1,096,500 $918,000 $178,500
2018 $12,769 $1,075,000 $900,000 $175,000
2017 $10,917 $897,806 $633,746 $264,060
2016 $10,563 $880,203 $621,320 $258,883
2015 $10,420 $866,983 $611,988 $254,995
2014 $10,277 $850,000 $600,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • Shen Schulz

    Seller's Agent in 2017

    Shen Schulz

    Sotheby's International Realty

    (310) 980-8809

    5 in this area

    83 Total Sales

    Shen Schulz
    Section Image

  • K

    Buyer's Agent in 2017

    Kathryn King-Van Wie

  • Catherine Bindley

    Seller Co-Listing Agent in 2013

    Catherine Bindley

    Compass

    (310) 980-6448

    1 in this area

    12 Total Sales

    Catherine Bindley
    Section Image
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Map

Source: The MLS

MLS Number: 17-279640

The MLS

APN: 4470-002-055

California Los Angeles County Malibu 90265 Malibu West

31258 Bailard Rd Unit 2, Malibu, CA

Not Listed for Sale

Condos

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