NOT LISTED FOR SALE

Estimated Value: $660,000 - $755,000

2 Beds
2 Baths
1,056 Sq Ft
2.92 Acres

Last Sold March 03, 2013

Last sale price $330,000 $312 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,325/month

46 Days on Market

Highlights

  • In Ground Pool
  • Living Room with Fireplace
  • Courtyard Views
  • Malibu Elementary School Rated A
  • Furnished
  • Subterranean Parking

About This Home

As of March 2013

Beautifully remodeled 2 bedroom 2 bath, with wood parquet flooring, stone fireplace, TV with LCD screen, bright kitchen and a tree lined balcony. Complex has a pool, hot tub and common area covered parking. This unit may be sold furnished! Easy to show and priced for a quick sale!

Last Agent to Sell the Property

Kathryn Bentzen

Coldwell Banker Realty License #01091411 Listed on: 10/15/2012

Coldwell Banker Realty

Last Buyer's Agent

Anne Martin

Malibu Pacific Properties License #01085030

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,216

Year Built

  • Built in 1975

Lot Details

  • 2.92

Parking

  • Subterranean Parking

Home Design

  • Bungalow

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4467-035-056

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 56 Units
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,216

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: California Bungalow
  • Street Number Display: Yes
  • Complex Name: Malibu Gardens
  • Entry Floor: 2
  • Living Area: 1056
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1975
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 326.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean

Utilities

  • Heating: Central

Association/Amenities

  • Amenities: Pool, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 595.00

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4467-035-056

Rental Info

  • Furnished: Furnished
  • Lease Option: 1

Multi Family

  • Number Of Units: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jan 14, 2013
Sold by
Esposito Charles J
Bought by
Zander Steven A and Zander Maia K
Seller's Agent
Kathryn Bentzen
Coldwell Banker Realty
Buyer's Agent
Anne Martin
Malibu Pacific Properties
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%
Current Estimated Value
$710,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,423
Avg. Annual Appreciation
6.25%
Original Mortgage
$264,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Sanatkar Mikeberti
Bought by
Esposito Charles J and Esposito Gianna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,866
Interest Rate
4.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2006
Sold by
Castro Cristina E
Bought by
Sanatkar Mikeberti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 2004
Sold by
Castro Alfred J
Bought by
Castro Cristina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1998
Sold by
Castro Alfred J
Bought by
Castro Alfred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.88%

Purchase Details

Closed on
Mar 6, 1997
Sold by
Castro Alfred J
Bought by
Castro Alfred J and Alfred J Castro Family Trust

Purchase Details

Closed on
Aug 26, 1994
Sold by
Castro Alfred J
Bought by
Castro Alfred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

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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
Zander Steven A $330,000 Fidelity National Title Co
Esposito Charles J $309,500 Chicago Title
Sanatkar Mikeberti $610,000 None Available
Castro Cristina E -- Equity Title
Castro Alfred J -- First American
Castro Alfred J -- --
Castro Alfred J -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zander Steven A $264,000
Previous Owner Esposito Charles J $314,866
Previous Owner Sanatkar Mikeberti $91,500
Previous Owner Sanatkar Mikeberti $457,500
Previous Owner Castro Cristina E $256,500
Previous Owner Castro Alfred J $140,000
Previous Owner Castro Alfred J $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2013 03/03/13 Sold $330,000 +13100.0% $313 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
11/13/2012 11/13/12 Rented $2,500 -99.3% --
11/13/2012 11/13/12 Under Contract -- -- --
10/15/2012 10/15/12 For Sale $345,000 0.0% $327 / Sq Ft
08/30/2012 08/30/12 For Rent $2,700 -- --
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 $5,216 $406,361 $246,282 $160,079
2024 $5,216 $398,394 $241,453 $156,941
2023 $5,119 $390,583 $236,719 $153,864
2022 $5,043 $382,926 $232,078 $150,848
2021 $4,903 $375,419 $227,528 $147,891
2019 $4,796 $364,285 $220,780 $143,505
2018 $4,556 $357,143 $216,451 $140,692
2016 $4,372 $343,364 $218,079 $125,285
2015 $4,310 $338,208 $214,804 $123,404
2014 $4,260 $331,584 $210,597 $120,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-630031

The MLS

APN: 4467-035-056