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6463 Surfside Way

6463 Surfside Way, Malibu, CA 90265
House in Malibu Park
Sold Aug 19, 2020
$7,925,000
$4,755,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2052
Sold Mar 18, 2016
$3,000,000
6463 Surfside Way 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 1964 and is 60 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6463 Surfside Way has 3,784 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 1,500 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 10,473 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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. The inside of the home is being cooled with central air conditioning at the moment. 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, 6463 Surfside Way sold most recently in Jul 28, 2020 for a total of $7,925,000. If you work out the math, that's approximately a cost of $2,094.34 per sqft. Before that, the property was also sold for $3,000,000 in Mar 10, 2016. 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 $94,352 in taxes each year. 6463 Surfside Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $8,245,170. If we break it down further, the land itself was valued at $7,282,800. Improvements to the property, however, were assessed at a total of $962,370. The property's total assessed value has been marked as more than the total market value 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!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.

Building Features

Parking

Garage Parking
Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1980
  • 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: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,473
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,784
  • Building Area: 3,784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 26430
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 26430 LOT/SEC 12

Ownership

  • Current Owner : SURFSIDE MALIBU LLC
  • Previous Owner : BELZBERG GREGORY L
  • Owner Before Previous Owner: GRASEY PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LCR18000*

Geography

  • Assessors Map Reference: 111-E5
  • Subdivision Tract Number: 26430
  • Parcel: 4469-031-001
  • Lot: 12
  • Municipality: WEST /POINT DUME
  • Latitude: 34.0291
  • Longitude: -118.84

    Address

  • Full Address: 6463 Surfside Way
  • Address - House Number: 6463
  • Address - Street Name: Surfside
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Malibu
  • Carrier Code: C120
  • 4-Digit Zip Code: 3627
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $94,352
  • Tax Rate Code Area: 10-853

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 5,959,618
  • High Value: 7,352,433
  • Low Value: 4,566,804

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,755,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $4,755,000
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,245,170
  • Assessed Land Value: $7,282,800
  • Assessed Improvements Value: $962,370

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11781467999
  • Current Sale Price: $7,925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0966139
  • Previous Sale Recording Date: Mar 18, 2016
  • Previous Sale Contract Date: Mar 10, 2016
  • Previous Sale Amount: $3,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER AMERICA CU
  • First Mortgage Transaction Date: Aug 19, 2020
  • First Mortgage Loan Amount: $4,755,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 6463 Surfside Way located in?
The 6463 Surfside Way is a house located in the neighborhood of Malibu Park in Western Malibu, Malibu.
What is the average sales price for listings in 6463 Surfside Way?
The average sales price for units in 6463 Surfside Way is $0 currently.

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