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1300 Malibu Place

1300 Malibu Place, Birmingham, AL 35216
Property in Jefferson
Sold Dec 08, 2021
$600,000
$480,000 by Jp Morgan Chase Bank
Mortgage Due Jan 01, 2052
Sold May 28, 2021
$305,000
$259,250 by Commerceone Bank
Mortgage
1300 Malibu Place has been categorized by the local assessors in Birmingham, AL as a residential type of property. The building on the property was first built in 1966 and is 58 years old. However, we must point out that the home was most recently renovated and altered in 1998. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1300 Malibu Place has 2,127 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 761 ft and across the front of the lot is 2,011 ft. The area measurement of the land has been determined as 15,304 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Dec 3, 2021 for $600,000. That's $154.92 per sqft. Prior to that sales transaction, the property was also sold in May 27, 2021 for $305,000. 1300 Malibu Place was last assessed in 2022. The total value of the property was assessed at $88,840. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,227. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,746
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,304
  • Lot Size Depth Feet: 761
  • Lot Size Frontage Feet: 2,011
  • Total Building Area: 3,873
  • Gross Building Area: 3,873
  • Building Area: 2,127
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,127
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LINCOYA EST E SEC 28-31-2
  • Land Acres: 0.351
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6-A BLK 14 LINCOYA ESTATES EAST SECTOR

Ownership

  • Current Owner : ARNETT CHASE M
  • Previous Owner : GREGORY HOLDINGS LLC
  • Owner Before Previous Owner: CRAFT STEPHEN H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Vestavia Hills City School District
  • Census Tract: 012921

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Account Number: 374398
  • District: 020-0000
  • Parcel: 28-00-31-2-010-008.000
  • Block: 14
  • Lot: 6-A
  • Meridian: SEC 31 TWN 18S RNG 02W
  • Municipality: VESTAVIA HILLS
  • Latitude: 33.4302
  • Longitude: -86.7938

    Address

  • Full Address: 1300 Malibu Pl
  • Address - House Number: 1300
  • Address - Street Name: Malibu
  • Address - Suffix Type: Pl
  • State: AL
  • City Name: Vestavia Hills
  • Carrier Code: C022
  • 4-Digit Zip Code: 2712
  • Zip Code: 35216

Valuation

    Tax

  • Total Area: 3,061
  • Tax Year: 2022
  • Tax Amount: $8,227
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 54
  • Final Value: 484,784
  • High Value: 595,446
  • Low Value: 374,121

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $444,200
  • Market Land Value: $211,000
  • Market Improvement Value: $233,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,840

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Transaction ID: 11874476869
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021139688
  • Previous Sale Recording Date: May 28, 2021
  • Previous Sale Contract Date: May 27, 2021
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: Dec 08, 2021
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCEONE BANK
  • Previous Mortgage Transaction Date: May 28, 2021
  • Previous Mortgage Loan Amount: $259,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Vestavia Hills



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Frequently Asked Questions

What neighborhood is 1300 Malibu Place located in?
The 1300 Malibu Place is a located in the neighborhood of Jefferson in Vestavia Hills, Birmingham.
What is the average sales price for listings in 1300 Malibu Place?
The average sales price for units in 1300 Malibu Place is $0 currently.

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