$514,000
SOLD JUN 16, 2015 RENTED JAN 20, 2025
2 Beds
2 Baths
1,056 Sq Ft
$595/mo HOA Fee

Recently Sold

$487 Per Sq Ft

1% Below List Price

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • 2.92 Acre Lot
  • Malibu Elementary School Rated A
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of October 2023

Designer style condo. 2 bedroom, 2 bath condo. Inviting kitchen with all new Stainless Steel appliances, inc. double door refrigerator, European style combo washer/dryer, metallic backsplash and designer sink/faucet. Open floor plan and lots of light. This exceptional unit has wood like
flooring and recessed lighting throughout. All new paint. New windows and slider. Living room has gas fireplace leads to balcony that overlooks a tree line setting. The Master bedroom has attached bath, walk-in closet and also opens to balcony. Both bathrooms feature designer sinks, mirrors and metallic back splash plus multi head showers. Complex features shimmering swimming pool/spa, sport court and feels like a resort. Two designated parking spaces. One of the lowest priced units in the entire city. Famous Malibu Lifestyle! Close to Paradise Cove and the sun and the sand of Zuma
Beach.

Last Agent to Sell the Property

Alan Rosenberg

Keller Williams Realty Calabasas License #01014602 Listed on: 03/10/2015

Keller Williams Realty Calabasas

Co-Listed By

Alexander Tsarevsky

ATT Capital Group Corp. License #01523648

Last Buyer's Agent

Alex Hamilton

RE/MAX One License #01491574

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,189

Year Built

  • Built in 1975

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Laundry in Kitchen

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating
  • Water Heater
  • Shared Septic

Additional Features

  • Living Room Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 4467035058

Community Details

Overview

  • 56 Units
  • Malibu Gardens HOA, Phone Number (818) 707-0200

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,189

Year Built

Built in 1975

Lot Details

0

HOA Fees

$595 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer/dryer combo, Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4467035058
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1056.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Living Room Balcony, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 486.74
  • Room Type: All Bedrooms Down, Master Bedroom
  • Spa Features: Association, In Ground

Exterior Features

  • View: Trees/Woods
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Kitchen
  • Sewer: Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pet Rules, Pool, Sewer, Spa/Hot Tub
  • Association Fee: 595.00
  • Association Fee Frequency: Monthly
  • Association Name: Malibu Gardens HOA
  • Phone: 818-707-0200
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 127188.00
  • Lot Size Acres: 2.9200

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 127188.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 56

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 20, 2023
Sold by
Bennu Gerede Azize
Bought by
Sabet Rassa Kalantari and Vandati Flora
Seller's Agent
Marcus Ipcizade
Coldwell Banker Realty
Buyer's Agent
Houman Jahangard
Royal Rep Realty, Inc.
List Price
$749,900
Sold Price
$739,000
Premium/Discount to List
-$10,900
-1.45%
Views
148
Current Estimated Value
$770,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,106
Avg. Annual Appreciation
1.66%
Original Mortgage
$591,000
Outstanding Balance
$579,854
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$183,251

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 20, 2021
Sold by
Castro Cristina Evelyn
Bought by
Gerede Azize Bennu
Seller's Agent
Mary Faherty
Beverly and Company, Inc.
Buyer's Agent
Melissa Misner
Pardee Properties
List Price
$675,000
Sold Price
$661,000
Premium/Discount to List
-$14,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jun 3, 2015
Sold by
Shats Investment Llc
Bought by
Castro Cristina Evelyn
Seller's Agent
Alan Rosenberg
Keller Williams Realty Calabasas
Buyer's Agent
Alex Hamilton
RE/MAX One
List Price
$518,000
Sold Price
$514,000
Premium/Discount to List
-$4,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$224,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2014
Sold by
Farah Bonnie B
Bought by
Shats Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2007
Sold by
Fitzgerald Mike
Bought by
Farah Bonnie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2003
Sold by
Cantor Randy
Bought by
Fitzgerald Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 28, 1998
Sold by
Winnikoff Meryl Anne
Bought by
Winnikoff Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.73%

Purchase Details

Closed on
Dec 3, 1998
Sold by
Winnikoff Marc
Bought by
Cantor Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.73%
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 Type Sale Price Title Company
Grant Deed $739,000 Equity Title
Grant Deed $661,000 Chicago Title Company
Grant Deed $514,000 Equity Title
Trustee Deed $428,000 None Available
Grant Deed $583,000 Security Union Title Company
Interfamily Deed Transfer -- Security Union Title
Grant Deed $300,000 Investors Title Company
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $591,000 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $428,000 Purchase Money Mortgage
Previous Owner $419,358 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $315,000 Fannie Mae Freddie Mac
Previous Owner $100,000 Credit Line Revolving
Previous Owner $60,000 Stand Alone Second
Previous Owner $240,000 Purchase Money Mortgage
Previous Owner $156,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 Rented $5,250 0.0% --
08/06/2024 08/06/24 For Rent $5,250 0.0% --
10/03/2023 10/03/23 Sold $739,000 -1.5% $700 / Sq Ft
09/06/2023 09/06/23 For Sale $749,900 +1.5% $710 / Sq Ft
09/06/2023 09/06/23 Off Market $739,000 -- --
09/05/2023 09/05/23 Off Market $739,000 -- --
09/01/2023 09/01/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $749,900 +13.4% $710 / Sq Ft
08/10/2021 08/10/21 Sold $661,000 -2.1% $626 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $675,000 +31.3% $639 / Sq Ft
06/16/2015 06/16/15 Sold $514,000 -0.8% $487 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $518,000 0.0% $491 / Sq Ft
11/14/2012 11/14/12 Rented $2,395 -4.2% --
11/14/2012 11/14/12 Under Contract -- -- --
09/17/2012 09/17/12 For Rent $2,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,189 $753,780 $536,724 $217,056
2024 $9,189 $739,000 $526,200 $212,800
2023 $8,367 $674,220 $408,000 $266,220
2022 $8,254 $661,000 $400,000 $261,000
2021 $7,231 $570,700 $377,507 $193,193
2020 $7,187 $564,850 $373,637 $191,213
2019 $7,082 $553,775 $366,311 $187,464
2018 $6,731 $542,918 $359,129 $183,789
2016 $6,472 $521,838 $345,185 $176,653
2015 $5,806 $463,069 $358,012 $105,057
2014 $5,734 $454,000 $351,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15051403

California Regional Multiple Listing Service (CRMLS)

APN: 4467-035-058