NOT LISTED FOR SALE

Estimated Value: $687,000 - $768,000

2 Beds
2 Baths
1,118 Sq Ft
2.92 Acres

Last Sold September 09, 2020

Last sale price $523,000 $468 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,612/month

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Deck
  • Malibu Elementary School Rated A
  • 2.92 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of December 2020

This remodeled Malibu Garden's Condo is an upper level S/E facing corner unit giving views towards sunrise and the South. Includes; living room fireplace, updated kitchen with granite counters, stainless appliances, dual sinks leading to the master bath with marble countertops, master bedroom walk-in closet and pvt balcony. Recently painted interior gives this charming condo a fresh and new feel throughout. Community includes pool and spa as well as two covered parking spaces all just a few minutes to Zuma beach and just far enough away from the congestion of city living but close enough to commute or "zoom-town" life. Start 11/1 receive remainder of Oct at no charge!!

Last Agent to Rent the Property

Brant Didden

Brant Didden, Broker License #01479903 Listed on: 09/25/2020

Last Renter's Agent

Brant Didden

Brant Didden, Broker License #01479903 Listed on: 09/25/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,090

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • End Unit
  • South Facing Home

Home Design

  • Stucco

Interior Spaces

  • 1,118 Sq Ft Home
  • 2-Story Property
  • Shutters
  • Family Room with Fireplace
  • Living Room
  • Property Views

Kitchen

  • Open to Family Room
  • Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Heating
  • Property is located within a water district
  • Central Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Spa
  • Unit is on the top floor

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for cable TV, electricity
  • Rent includes association dues, gardener, pool, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4467-035-054

Community Details

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,090

Year Built

Built in 1975 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Amount: 45.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Rent Excludes: Utilities
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection
  • Security Deposit: 5000
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Garden Condo
  • Single Family Or Apt: Condo/Apt
  • Levels: Top Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Malibu Garden's Condominium
  • Entry Location: Top Level
  • Lease Terms: 1+Year
  • Living Area: 1118
  • Lot Acreage: 2.9198
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Water Filled Furn Ins Required: Yes
  • Year Built: 1975
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Mixed
  • Appliances: Oven
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Remodeled, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Counter Top, Open to Family Room, Stone Counters
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 3.13
  • Windows: Window Shutters

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony, End Unit
  • Patio: Deck(s)
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater
  • Heating: Central
  • Security: Community
  • Sewer: Septic Tank
  • Water: Water District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Pool, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • Mgmt Co Phone: 3105622399|

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4467-035-054
  • Lot Size Area: 127188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Opendoor Property Trust I
Bought by
Hussain Khatija and Reynolds Aisha
Current Estimated Value
$734,513

Purchase Details

Closed on
Dec 5, 2019
Sold by
Rosenlund Brian S and Rosenlund Crystal
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Sep 16, 2015
Closed on
Jan 26, 2016
Sold by
Ma Margaret
Bought by
Rosenlund Brian and Rosenlund Crystal
Seller's Agent
Russell Grether
Compass
Buyer's Agent
Russell Grether
List Price
$539,000
Sold Price
$499,500
Premium/Discount to List
-$39,500
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$374,625
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2012
Sold by
Friedman Joel
Bought by
Ma Margaret

Purchase Details

Closed on
Mar 6, 2006
Sold by
Adams Marti Jo
Bought by
Friedman Joel and Shelburne Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2000
Sold by
Balsys Richard J
Bought by
Adams Marti Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Interest Rate
7.87%
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
Hussain Khatija $523,000 North American Title Co Inc
Opendoor Property Trust I $581,000 North American Title Co Inc
Rosenlund Brian $499,500 Usa National Title
Ma Margaret $325,000 Equity Title Los Angeles
Friedman Joel $577,500 Ticor Title Company
Adams Marti Jo $187,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenlund Brian $374,625
Previous Owner Friedman Joel $462,000
Previous Owner Adams Marti Jo $150,000
Previous Owner Adams Marti Jo $117,000
Previous Owner Adams Marti Jo $49,500
Previous Owner Adams Marti J $110,500
Previous Owner Adams Marti Jo $72,000
Previous Owner Adams Marti Jo $108,000
Previous Owner Adams Marti Jo $168,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Rented $3,500 0.0% --
10/14/2020 10/14/20 Price Changed $3,500 -6.7% $3 / Sq Ft
09/25/2020 09/25/20 For Rent $3,750 0.0% --
09/09/2020 09/09/20 Sold $523,000 -3.1% $468 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $540,000 -0.9% $483 / Sq Ft
06/25/2020 06/25/20 Price Changed $545,000 -0.9% $487 / Sq Ft
06/04/2020 06/04/20 Price Changed $550,000 -1.3% $492 / Sq Ft
05/21/2020 05/21/20 Price Changed $557,000 -1.4% $498 / Sq Ft
05/08/2020 05/08/20 Price Changed $565,000 -1.3% $505 / Sq Ft
04/23/2020 04/23/20 Price Changed $572,500 -1.0% $512 / Sq Ft
03/24/2020 03/24/20 For Sale $578,500 +10.6% $517 / Sq Ft
03/20/2020 03/20/20 Off Market $523,000 -- --
03/18/2020 03/18/20 Price Changed $578,500 -3.6% $517 / Sq Ft
03/12/2020 03/12/20 Price Changed $600,000 -1.6% $537 / Sq Ft
02/27/2020 02/27/20 Price Changed $610,000 -0.8% $546 / Sq Ft
02/13/2020 02/13/20 Price Changed $615,000 -0.8% $550 / Sq Ft
01/30/2020 01/30/20 Price Changed $620,000 -0.8% $555 / Sq Ft
01/10/2020 01/10/20 Price Changed $625,000 -0.8% $559 / Sq Ft
12/24/2019 12/24/19 For Sale $630,000 0.0% $564 / Sq Ft
12/05/2016 12/05/16 Rented $3,895 -2.5% --
12/03/2016 12/03/16 Under Contract -- -- --
11/30/2016 11/30/16 Price Changed $3,995 -15.0% $4 / Sq Ft
09/10/2016 09/10/16 For Rent $4,700 0.0% --
03/16/2016 03/16/16 Sold $499,500 0.0% $447 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
01/20/2016 01/20/16 Price Changed $499,500 -2.1% $447 / Sq Ft
11/02/2015 11/02/15 Price Changed $510,000 -5.4% $456 / Sq Ft
09/16/2015 09/16/15 For Sale $539,000 +65.8% $482 / Sq Ft
12/06/2012 12/06/12 Sold $325,000 +1.6% $291 / Sq Ft
09/24/2012 09/24/12 For Sale $320,000 0.0% $286 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $320,000 -- $286 / 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 $7,090 $566,110 $241,381 $324,729
2024 $7,090 $555,011 $236,649 $318,362
2023 $6,962 $544,129 $232,009 $312,120
2022 $6,866 $533,460 $227,460 $306,000
2021 $6,685 $523,000 $223,000 $300,000
2020 $6,911 $540,673 $324,729 $215,944
2019 $6,810 $530,072 $318,362 $211,710
2018 $6,472 $519,679 $312,120 $207,559
2016 $4,394 $338,074 $156,034 $182,040
2015 $4,333 $332,997 $153,691 $179,306
2014 $4,285 $326,475 $150,681 $175,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-637654

The MLS

APN: 4467-035-054