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6048 Philip Avenue

6048 Philip Avenue, Malibu, CA 90265
Property in Malibu Park
Sold Jan 28, 2013
$4,395,043
$4,114,000 by First Republic Bank
Mortgage Due Aug 26, 2047
Sold Jun 22, 2007
Transfer
$3,325,000 by Washington Mutual Bank Fa
Mortgage Due Jul 01, 2037
6048 Philip Avenue 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 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 12 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6048 Philip Avenue has 5,462 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 2,260 ft and across the front of the lot is 1,860 ft. The area measurement of the land has been determined as 41,543 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary 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 attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of gravel/rock. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 6048 Philip Avenue sold most recently in Sep 27, 2012 for a total of $4,395,043. If you work out the math, that's approximately a cost of $804.66 per sqft. 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 $60,211 in taxes each year. 6048 Philip Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,201,960. If we break it down further, the land itself was valued at $1,692,085. Improvements to the property, however, were assessed at a total of $3,509,875. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1958
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 41,543
  • Lot Size Depth Feet: 2,260
  • Lot Size Frontage Feet: 1,860
  • Total Building Area: 5,462
  • Building Area: 5,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 5,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF MALIBU
  • Land Acres: 0.954
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RECORD OF SURVEY AS PER BK 56 PG 14 TO 17 OF R S LOT COM S 28 2601 W 388.10 FT FROM MOST E COR OF LOT 19 BLK 5 TH S 28 2601 W 187 FT TH N 54 3601 W TO SE LINE OF PHILIP AVE PART OF LOT/SEC 19 BLK/DIV/TWN 5

Ownership

  • Current Owner : CASE TIMTOHY PUNCH
  • Current Owner 2: CASE SAFFRON
  • Previous Owner : GILLEN SCOTT
  • Owner Before Previous Owner: HOSKINS BRANDON J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: LCRA20000*

Geography

  • Assessors Map Reference: 111-F5
  • Parcel: 4469-016-013
  • Block: 5
  • Lot: 19
  • Municipality: WEST /POINT DUME
  • Latitude: 34.0289
  • Longitude: -118.834

    Address

  • Full Address: 6048 Philip Ave
  • Address - House Number: 6048
  • Address - Street Name: Philip
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Malibu
  • Carrier Code: C120
  • 4-Digit Zip Code: 3747
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $60,211
  • Tax Rate Code Area: 10-853

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 4,709,272
  • High Value: 5,820,535
  • Low Value: 3,598,009

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,114,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Aug 10, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $4,114,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 26, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,201,960
  • Assessed Land Value: $1,692,085
  • Assessed Improvements Value: $3,509,875

    Sales

  • Current Sale Contract Date: Sep 27, 2012
  • Current Sale Recording Date: Jan 28, 2013
  • Current Sale Transaction ID: 1030995731
  • Current Sale Price: $4,395,043
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-0132638
  • Previous Sale Recording Date: Jun 22, 2007
  • Previous Sale Contract Date: Jun 13, 2007
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 28, 2013
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 22, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $3,325,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Western Malibu



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Frequently Asked Questions

What neighborhood is 6048 Philip Avenue located in?
The 6048 Philip Avenue is a located in the neighborhood of Malibu Park in Western Malibu, Malibu.
What is the average sales price for listings in 6048 Philip Avenue?
The average sales price for units in 6048 Philip Avenue is $0 currently.

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