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29916 Cuthbert Road

29916 Cuthbert Road, Malibu, CA 90265
Property in Malibu Park
Sold Aug 28, 2012
$1,500,000
$1,050,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2042
Local assessors in Malibu, CA have categorized 29916 Cuthbert Road as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 25,692 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 29916 Cuthbert Road has a total of 2,562 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. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 29916 Cuthbert Road was last sold in Aug 2, 2012 for $1,500,000. According to our calculations, that's $585.48 per sqft. Current property owners are expected to pay $16,847 in taxes per year. The property on 29916 Cuthbert Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,420,437. To break that down further, the land itself was valued at $1,420,328. While improvements to the property were assessed at a total of $109. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Conventional
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 25,692
  • Total Building Area: 2,562
  • Building Area: 2,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RANCHO TOPANGA MALIBU SEQUIT
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RECORD OF SURVEY AS PER BK 28 PG 28-29 OF R S LOT COM AT MOST S COR OF LOT 9 BLK 2 TH N 76 0402 W 125 FT TH N 3 0150 W 256.96 FT TH N 86 5810 E 20 FT TH S 29 5248 E 88.4 FT TH LOT/SEC 9 BLK/DIV/TWN 2

Ownership

  • Current Owner : LEVITT PETER
  • Previous Owner : WETZEL CHARLES ALVIN
  • Previous Owner 2: WETZEL GLORIA ALLISON
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800411

Zoning

  • Zoning: LCRA20000*

Geography

  • Assessors Map Reference: 112-A5
  • Parcel: 4469-041-005
  • Block: 2
  • Lot: 9
  • Municipality: WEST /POINT DUME
  • Latitude: 34.0322
  • Longitude: -118.825

    Address

  • Full Address: 29916 Cuthbert Rd
  • Address - House Number: 29916
  • Address - Street Name: Cuthbert
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Malibu
  • Carrier Code: C109
  • 4-Digit Zip Code: 3712
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,847
  • Tax Rate Code Area: 10-853

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,583,751
  • High Value: 3,178,776
  • Low Value: 1,988,727

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,050,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 28, 2012
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,420,437
  • Assessed Land Value: $1,420,328
  • Assessed Improvements Value: $109

    Sales

  • Current Sale Contract Date: Aug 02, 2012
  • Current Sale Recording Date: Aug 28, 2012
  • Current Sale Transaction ID: 1009014809
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-1280199

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 28, 2012
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2042

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 29916 Cuthbert Road located in?
The 29916 Cuthbert Road is a located in the neighborhood of Malibu Park in Western Malibu, Malibu.
What is the average sales price for listings in 29916 Cuthbert Road?
The average sales price for units in 29916 Cuthbert Road is $0 currently.

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