NOT LISTED FOR SALE

Estimated Value: $2,709,704 - $3,050,000

3 Beds
2.5 Baths
1,484 Sq Ft
$1,438/mo HOA Fee

Last Sold September 06, 2024

Last sale price $2,800,000 $1,887 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $17,865/month

78 Days on Market

Highlights

  • White Water Ocean Views
  • 11.66 Acre Lot
  • Main Floor Primary Bedroom
  • Malibu Elementary School Rated A
  • Clubhouse
  • Loft

About This Home

As of September 2024

A rare find, this end unit property is hitting the market for the first time in over 40 years. Nestled within the prestigious Zuma Bay Villas, this oceanfront gem boasts unobstructed white water views, making it the Crown Jewel of Zuma Bay. Enjoying the utmost privacy in a 24/7 guard-gated community, residents also have access to amenities like a pool, spa, and tennis courts. Sold AS-IS by a Successor Trustee who has never occupied it, this residence offers a blank canvas for the new owner's vision and style. Additionally, a private path leads down to the beach, enhancing the allure of this coastal sanctuary. Buyer to verify all listing information prior to close of escrow.

Last Agent to Sell the Property

Audrey Azzeh

Windsor Real Estate License #02227415 Listed on: 05/08/2024

Last Buyer's Agent

Bryan Abrams

Sotheby's International Realty License #01238720

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,061

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $1,438 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Split Level Home

Interior Spaces

  • 1,484 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Loft
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Tract Number 10
  • Assessor Parcel Number 4468022012

Community Details

Overview

  • 90 Units
  • Zuma Bay Villas Association, Phone Number (818) 314-2062

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,061

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,438 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4468022012
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1484.00
  • Stories: 2
  • Entry Location: front door
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1886.79
  • Room Type: Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom, Walk-In Pantry

Exterior Features

  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Pool, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 1438.00
  • Association Fee Frequency: Monthly
  • Association Name: Zuma Bay Villas Association
  • Phone: (818)314-2062
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 508052.00
  • Lot Size Acres: 11.6633

Multi Family

  • Lease Considered: No
  • Lot Size Area: 508052.0000 Square Feet
  • Number Of Units In Community: 90

Tax Info

  • Tax Tract Number: 10-853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Aug 20, 2024
Sold by
Mary Cook Revocable Trust and Dermody Ann A
Bought by
Bruce R Hatton Trust and Thomas F Young Trust
Seller's Agent
Audrey Azzeh
Windsor Real Estate
Buyer's Agent
Bryan Abrams
Sotheby's International Realty
List Price
$4,100,000
Sold Price
$2,800,000
Premium/Discount to List
-$1,300,000
-31.71%
Views
22
Current Estimated Value
$2,904,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,676
Avg. Annual Appreciation
-1.39%
Original Mortgage
$1,960,000
Outstanding Balance
$1,948,056
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$818,381

Purchase Details

Listed on
May 8, 2024
Closed on
Aug 5, 2024
Sold by
Markovic Marinko
Bought by
Mary Cook Revocable Trust and Dermody
Seller's Agent
Audrey Azzeh
Windsor Real Estate
Buyer's Agent
Bryan Abrams
Sotheby's International Realty
List Price
$4,100,000
Sold Price
$2,800,000
Premium/Discount to List
-$1,300,000
-31.71%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Outstanding Balance
$1,948,056
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$818,381

Purchase Details

Closed on
Jul 1, 2021
Sold by
Cook Mary M
Bought by
Cook Mary M and Mary Cook Revocable Trust

Purchase Details

Closed on
Oct 22, 2019
Sold by
Cook Mary M
Bought by
Cook Mary M and Mary Cook Revocable Trust

Purchase Details

Closed on
Jul 25, 2013
Sold by
Cook Mary M
Bought by
Cook Mary M and Markovic Marinko

Purchase Details

Closed on
Feb 6, 1998
Sold by
Cook Mary M
Bought by
Cook Mary M and The Mary Cook Revocable Trust

Purchase Details

Closed on
Jul 31, 1995
Sold by
The Adamson Companies
Bought by
Cook Sydney B and Cook Mary M
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
Bruce R Hatton Trust $2,800,000 Ticor Title
Mary Cook Revocable Trust -- Ticor Title
Cook Mary M -- None Available
Cook Mary M -- None Available
Cook Mary M -- None Available
Cook Mary M -- Commonwealth Land Title Co
Cook Sydney B -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce R Hatton Trust $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $2,800,000 -20.0% $1,887 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/07/2024 07/07/24 Price Changed $3,500,000 -5.4% $2,358 / Sq Ft
06/24/2024 06/24/24 Price Changed $3,699,000 -5.2% $2,493 / Sq Ft
05/22/2024 05/22/24 Price Changed $3,900,000 -4.9% $2,628 / Sq Ft
05/08/2024 05/08/24 For Sale $4,100,000 -- $2,763 / Sq Ft
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
2024 $4,061 $282,963 $156,152 $126,811
2023 $3,988 $277,416 $153,091 $124,325
2022 $3,926 $271,978 $150,090 $121,888
2021 $3,812 $266,647 $147,148 $119,499
2020 $3,788 $263,914 $145,640 $118,274
2019 $3,730 $258,740 $142,785 $115,955
2018 $3,522 $253,668 $139,986 $113,682
2016 $3,372 $243,819 $134,551 $109,268
2015 $3,325 $240,157 $132,530 $107,627
2014 $3,295 $235,453 $129,934 $105,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2403539

California Regional Multiple Listing Service (CRMLS)

APN: 4468-022-012