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11962 Whalers Lane

11962 Whalers Lane, Malibu, CA 90265
Property in Ventura
Sold Aug 18, 2016
$814,000
$625,500 by Stearns Lending Llc
Mortgage Due Sep 01, 2046
Sold May 09, 2005
$945,000
11962 Whalers Lane has been categorized by the local assessors in Malibu, CA as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 11962 Whalers Lane has 1,044 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 198 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. The property was last sold in Jul 20, 2016 for $814,000. That's $779.69 per sqft. Prior to that sales transaction, the property was also sold in Mar 3, 2005 for $945,000. 11962 Whalers Lane was last assessed in 2023. The total value of the property was assessed at $621,899. Specifically, the land the property is located on was valued at $590,106. While improvements on the property were assessed at a total of $31,793. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,750. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 198
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,044
  • Gross Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,044
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MALIBU BAY CLUB
  • Land Acres: 0.04
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT: 216602 LOT: 15 REF: 060MR 030 CONDO PLAN: #NAME?

Ownership

  • Current Owner : GITLIN TODD
  • Current Owner 2: GITLIN MATTHEW
  • Previous Owner : BLAINE DAVIS R
  • Previous Owner 2: BLAINE KAREN
  • Owner Before Previous Owner: BUDGE LEAH

Neighborhood

  • School District Name: Ocean View Elementary School District
  • Census Tract: 007300

Zoning

  • Zoning: CRP-D-1

Geography

  • Assessors Map Reference: 060MR 030
  • District: 62
  • Subdivision Tract Number: 216602
  • Parcel: 700-0-240-215
  • Block: 240
  • Lot: 15
  • Municipality: MALIBU
  • Latitude: 34.0487
  • Longitude: -118.953

    Address

  • Full Address: 11962 Whalers Ln
  • Address - House Number: 11962
  • Address - Street Name: Whalers
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Malibu
  • Carrier Code: R202
  • 4-Digit Zip Code: 2252
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,750
  • Tax Rate Code Area: 71-028

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 1,154,641
  • High Value: 1,362,489
  • Low Value: 946,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,500
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Aug 18, 2016
  • First Open Lien Mortgage Loan Amount: $625,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $621,899
  • Assessed Land Value: $590,106
  • Assessed Improvements Value: $31,793

    Sales

  • Current Sale Contract Date: Jul 20, 2016
  • Current Sale Recording Date: Aug 18, 2016
  • Current Sale Transaction ID: 1725744281
  • Current Sale Price: $814,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20160818-00117183
  • Previous Sale Recording Date: May 09, 2005
  • Previous Sale Contract Date: Mar 03, 2005
  • Previous Sale Amount: $945,000
  • Previous Sale Document Type: Grant Deed

About Ventura



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Frequently Asked Questions

What neighborhood is 11962 Whalers Lane located in?
The 11962 Whalers Lane is a located in the neighborhood of Ventura in Ventura, Malibu.
What is the average sales price for listings in 11962 Whalers Lane?
The average sales price for units in 11962 Whalers Lane is $0 currently.

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