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31528 Broad Beach Road

31528 Broad Beach Road, Malibu, CA 90265
Sold Aug 31, 2017
$3,900,000
$1,950,000 by Advancial Fcu
Mortgage Due Sep 01, 2047
Sold Nov 15, 2013
$2,970,029
31528 Broad Beach Road in Malibu, CA was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 31528 Broad Beach Road has 2,873 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,711 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of gravel/rock. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 31528 Broad Beach Road sold most recently in Aug 3, 2017 for a total of $3,900,000. If you work out the math, that's approximately a cost of $1,357.47 per sqft. Before that, the property was also sold for $2,970,029 in Nov 12, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $52,018 in taxes each year. 31528 Broad Beach Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,265,217. If we break it down further, the land itself was valued at $3,280,937. Improvements to the property, however, were assessed at a total of $984,280. The property's total assessed value has been marked as more than the total market value 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,711
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,873
  • Building Area: 2,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 25166
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 25166 LOT/SEC 29

Ownership

  • Current Owner : GARCIAS RICARDO MARQUES
  • Current Owner 2: GARICAS IRENE ABUSADA
  • Previous Owner : RIVERSIDE INVESTORS LLC
  • Owner Before Previous Owner: MARTIN IRIS H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800406

Zoning

  • Zoning: LCR1*

Geography

  • Assessors Map Reference: 111-D5
  • Subdivision Tract Number: 25166
  • Parcel: 4470-017-051
  • Lot: 29
  • Municipality: WEST /MAL. BEACHES N.
  • Latitude: 34.0361
  • Longitude: -118.862

    Address

  • Full Address: 31528 Broad Beach Rd
  • Address - House Number: 31528
  • Address - Street Name: Broad Beach
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Malibu
  • Carrier Code: C104
  • 4-Digit Zip Code: 2670
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $52,018
  • Tax Rate Code Area: 11-004

    Appraisal Valuation

  • Standard Deviation: 0.2365
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 4,396,193
  • High Value: 5,436,037
  • Low Value: 3,356,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,950,000
  • First Open Lien Mortgage Lender: ADVANCIAL FCU
  • First Open Lien Mortgage Recording Date: Aug 31, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,950,000
  • 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, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,265,217
  • Assessed Land Value: $3,280,937
  • Assessed Improvements Value: $984,280

    Sales

  • Current Sale Contract Date: Aug 03, 2017
  • Current Sale Recording Date: Aug 31, 2017
  • Current Sale Transaction ID: 1732812337
  • Current Sale Price: $3,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0991905
  • Previous Sale Recording Date: Nov 15, 2013
  • Previous Sale Contract Date: Nov 12, 2013
  • Previous Sale Amount: $2,970,029
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ADVANCIAL FCU
  • First Mortgage Transaction Date: Aug 31, 2017
  • First Mortgage Loan Amount: $1,950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 31528 Broad Beach Road located in?
The 31528 Broad Beach Road is a house located in the neighborhood of Western Malibu in Western Malibu, Malibu.
What is the average sales price for listings in 31528 Broad Beach Road?
The average sales price for units in 31528 Broad Beach Road is $4,099,000 currently.

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