$750,000
SOLD JUL 14, 2023

6479 Kanan Dume Rd Unit 24 Malibu, CA 90265

Malibu Park Neighborhood
2 Beds
2 Baths
1,056 Sq Ft
$1,400/mo HOA Fee

Recently Sold

$710 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Malibu Elementary School Rated A
  • 2.92 Acre Lot
  • Family Room with Fireplace

About This Home

As of July 2023

One of Malibus lowest priced condo. Live the Malibu lifestyle at an affordable price. Updated two bedroom condo near Kanan and PCH conveniently located near Pt. Dume, Paradise Cove and Pepperdine with easy access to Agoura and the Conejo Valley. Rare private fenced in yard area, community pool, spa and close to the beach. Double pane windows, with updated kitchen and floors!

Last Agent to Sell the Property

Erica Reams

Core Real Estate Group License #01751176 Listed on: 05/30/2023

Core Real Estate Group

Last Buyer's Agent

Stacy Blair Young

Douglas Elliman of California, Inc. License #01190242

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,315

Year Built

  • Built in 1975 | Remodeled

HOA Fees

  • $1,400 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Drapes & Rods
  • Garden Windows
  • Window Screens
  • Family Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • West Facing Home
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 4467-035-031

Community Details

Overview

  • 56 Units

Amenities

  • Sundeck
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,315

Year Built

Built in 1975 | Remodeled

Lot Details

0

HOA Fees

$1,400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Ground Level
  • Street Number Display: Yes
  • Complex Name: Malibu Gardens
  • Entry Floor: 1
  • Living Area: 1056
  • Lot Acreage: 2.9198
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1975
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Appliances: Oven-Electric
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Kitchen Island, Dining Area
  • Laundry: In Unit, Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Freezer, Cable, Ice Maker, Microwave, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 686.55
  • Windows: Screens, Window Shutters, Garden Window, Drapes/Curtains

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Patio: Covered Porch, Patio Open, Porch - Rear
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Water Heater: Electric
  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: Septic Tank

Association/Amenities

  • Amenities: Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1400.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4467-035-031
  • Lot Size Area: 127188

Multi Family

  • Number Of Units: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jun 9, 2023
Sold by
Fraser Wilson
Bought by
Daniel And Katherine Family Trust and Bonnici
Seller's Agent
Erica Reams
Core Real Estate Group
Buyer's Agent
Stacy Blair Young
Douglas Elliman of California, Inc.
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%
Views
95
Current Estimated Value
$763,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,445
Avg. Annual Appreciation
0.84%
Original Mortgage
$536,250
Outstanding Balance
$523,985
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$239,460

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jul 30, 2020
Sold by
Deremer Lynda S and The Deremer Living Trust
Bought by
Fraser Wilson
Seller's Agent
Kathy Ellis
Coldwell Banker Realty
Buyer's Agent
Erica Reams
Core Real Estate Group
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$432,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Deremer Franklin and De Remer Lynda
Bought by
Deremer Franklin L

Purchase Details

Closed on
May 4, 2005
Sold by
Gleason Julian A
Bought by
Deremer Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,750
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 9, 2004
Sold by
Grace Kellogg Lisa
Bought by
Gleason Julian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2003
Sold by
Kellogg Michael
Bought by
Grace Kellogg Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Spero James A
Bought by
Grace Kellogg Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $750,000 California Best Title
Grant Deed $540,000 Equity Title Los Angeles
Interfamily Deed Transfer -- None Available
Grant Deed $553,000 Chicago Title Co
Grant Deed $495,000 Alliance Title Company
Interfamily Deed Transfer -- Equity Title
Grant Deed $340,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Open $536,250 New Conventional
Previous Owner $432,000 New Conventional
Previous Owner $414,750 Negative Amortization
Previous Owner $470,250 Purchase Money Mortgage
Previous Owner $340,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2024 06/02/24 Rented $5,250 -4.5% --
06/01/2024 06/01/24 Under Contract -- -- --
03/20/2024 03/20/24 For Rent $5,500 0.0% --
07/14/2023 07/14/23 Sold $750,000 +3.4% $710 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $725,000 +34.3% $687 / Sq Ft
08/07/2020 08/07/20 Sold $540,000 -1.8% $511 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $550,000 0.0% $521 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $550,000 0.0% $521 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $550,000 -- $521 / 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 $9,315 $765,000 $548,046 $216,954
2024 $9,315 $750,000 $537,300 $212,700
2023 $7,080 $561,816 $249,696 $312,120
2022 $6,981 $550,800 $244,800 $306,000
2021 $6,877 $540,000 $240,000 $300,000
2020 $8,806 $704,820 $564,625 $140,195
2019 $8,678 $691,001 $553,554 $137,447
2018 $8,248 $677,452 $542,700 $134,752
2016 $6,432 $518,300 $389,600 $128,700
2015 $6,236 $518,300 $389,600 $128,700
2014 $5,472 $431,000 $324,000 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-265007

The MLS

APN: 4467-035-031