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6625 Zumirez Drive

6625 Zumirez Drive, Malibu, CA 90265
Sold Sep 30, 2021
$20,500,000
$14,350,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2051
Sold Aug 13, 2020
$20,000,000
6625 Zumirez Drive 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 2004 and is 20 years old. The home has a total of 16 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6625 Zumirez Drive has 5,826 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 4,500 ft and across the front of the lot is 1,450 ft. The area measurement of the land has been determined as 64,758 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 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 average. 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 E by the local assessor. The building has a gable style roof made of gravel/rock. 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. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Sep 13, 2021 for $20,500,000. That's $3,518.71 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2020 for $20,000,000. 6625 Zumirez Drive was last assessed in 2023. The total value of the property was assessed at $20,910,000. Specifically, the land the property is located on was valued at $15,315,096. While improvements on the property were assessed at a total of $5,594,904. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $238,141. 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. 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

Driveway

Driveway

Parking

Garage Parking
Gated Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: E
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 64,758
  • Lot Size Depth Feet: 4,500
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 5,826
  • Building Area: 5,826
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,826
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 12778
  • Land Acres: 1.487
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 12778 LOT/SEC 7

Ownership

  • Current Owner : 6625 ZUMIREZ LLC
  • Previous Owner : THE MIRIAM SCHAEFFER FAMILY TRUST
  • Owner Before Previous Owner: THE BEACH HOUSE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 800412

Zoning

  • Zoning: LCRA1*

Geography

  • Assessors Map Reference: 110-D4
  • Subdivision Tract Number: 12778
  • Parcel: 4466-004-013
  • Lot: 7
  • Municipality: WEST /MAL. BEACHES N.
  • Latitude: 34.018
  • Longitude: -118.795

    Address

  • Full Address: 6625 Zumirez Dr
  • Address - House Number: 6625
  • Address - Street Name: Zumirez
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Malibu
  • Carrier Code: C006
  • 4-Digit Zip Code: 4312
  • Zip Code: 90265

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $238,141
  • Tax Rate Code Area: 10-860

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,436,369
  • High Value: 4,196,768
  • Low Value: 2,675,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $14,350,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $14,350,000
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,910,000
  • Assessed Land Value: $15,315,096
  • Assessed Improvements Value: $5,594,904

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11857613462
  • Current Sale Price: $20,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1492505
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Jul 28, 2020
  • Previous Sale Amount: $20,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $14,350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 6625 Zumirez Drive located in?
The 6625 Zumirez Drive is a house located in the neighborhood of Central Malibu in Central Malibu, Malibu.
What is the average sales price for listings in 6625 Zumirez Drive?
The average sales price for units in 6625 Zumirez Drive is $0 currently.

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