$540,000
SOLD AUG 7, 2020

6479 Kanan Dume Rd Unit 24 Malibu, CA 90265

Malibu Park Neighborhood
2 Beds
2 Baths
1,056 Sq Ft
$595/mo HOA Fee

Recently Sold

$511 Per Sq Ft

2% Below List Price

132 Days on Market

Highlights

  • In Ground Pool
  • 127,188 Sq Ft lot
  • Built-In Features
  • Malibu Elementary School Rated A
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of July 2023

Back on the market! The previous buyer's failure to perform is your opportunity to purchase this dream property! Beautiful condo, fantastic location, incredible price for a condo in Malibu! Your chance to live near the beach and enjoy the Malibu Lifestyle. Two spacious bedrooms and two full baths with a large walk-in closet. The remodeled kitchen features quartz countertops and offers plenty of room to cook to your heart's desire! Brand new heater. Enjoy the romantic fireplace in the living room. A charming and private backyard completes the picture. Come enjoy the Malibu lifestyle in your condo near the sea. The complex has a pool, spa, clubhouse and lushly landscaped grounds. Ideally located adjacent to Point Dume with easy access to beaches, shopping, Pepperdine University and restaurants. Don't miss this great opportunity to own this wonderful home in Malibu!

Last Agent to Sell the Property

Kathy Ellis

Coldwell Banker Realty License #01320487 Listed on: 02/27/2020

Coldwell Banker Realty

Last Buyer's Agent

Erica Reams

Core Real Estate Group License #01751176

Core Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,315

Year Built

  • Built in 1975

HOA Fees

  • $595 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4467-035-031

Community Details

Overview

  • 56 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,315

Year Built

Built in 1975

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Beautiful condo, fantastic location! Best priced condo in Malibu! Wonderful opportunity to live near the beach and enjoy the Malibu Lifestyle. Two spacious bedrooms and two full baths with a large walk-in closet. The remodeled kitchen features quartz countertops and offers plenty of room to cook your to your heart's desire! Brand new heater. Enjoy the romantic fireplace in the living room. A charming and private backyard completes the picture. Come enjoy the Malibu lifestyle in your condo near the sea. The complex has a pool, spa, clubhouse and lushly landscaped grounds. Ideally located adjacent to Point Dume with easy access to beaches, shopping, Pepperdine University and restaurants. Don't miss this great opportunity to own this wonderful home in Malibu!
  • Complex Name: Malibu Gardens
  • Entry Floor: 1
  • Living Area: 1056
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1975
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 520.83

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: Yes

Garage/Parking

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

Utilities

  • Heating: Central

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 595.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4467-035-031
  • Geocode Override: No
  • 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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-558510

The MLS

APN: 4467-035-031