11940 Oceanaire Lane

Local assessors in Malibu, CA have categorized 11940 Oceanaire Lane as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 1,306 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11940 Oceanaire Lane has a total of 986 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 455 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11940 Oceanaire Lane was last sold in Jul 8, 2021 for $191,500. According to our calculations, that's $194.22 per sqft. Prior to that sales transaction, the property was sold for $665,000 in Feb 20, 2015. Current property owners are expected to pay $11,234 in taxes per year. The property on 11940 Oceanaire Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $768,189. To break that down further, the land itself was valued at $499,035. While improvements to the property were assessed at a total of $269,154. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.