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$1,085,123Estimated home value

Beds
2
Baths
1.5
sq ft
957

11861 Ellice St Unit F, Malibu, CA 90265

11861 Ellice St Unit F

Malibu, CA 90265

  • Sold On 7/15/2024
    • Price drop $50,000↓
Newly renovated two story Malibu two bedroom condo with breathtaking ocean views and just across county line surf break within minutes to Trancas Country market and shops. Perfect vacation home or investment property, (inquire for rental income data). Updated with designer finishes, new floors, bathrooms, kitchen with island and top of the line appliances. The living room opens to a multiple spacious oversized outdoor decks with ocean views ideal for enjoying the outdoor living. This corner unit offers privacy and luxury surrounded by multimillion dollar homes and feels more like a private oasis then a condo. The second level with spacious master bedroom is complete with custom built in closets and balcony with head-on ocean views. The unit has a private garage with electric car charger and additional outside parking as well as plenty of parking on the street. Low HOA.

Details

Property type

Condominium

Est. home value

$1,085,123

Lot size

957 sq ft

Price per sq ft

$1,201

Year built

1979

Monthly HOA fee

$300

Price History

07/15/2024
CLAW

CLAW #24385871

Sold
$1,073,000
-6.61%
05/12/2024
CLAW

CLAW #24385871

Price change
$1,149,000
-4.17%
04/30/2024
CLAW

CLAW #24385871

Listed
$1,199,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$470,814
Asking price
$1,149,000
Closing costs (~8% of asking)
-$91,920
Est. remaining loan balance
-$586,266
Cash to seller
$470,814

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

November 2021

Original loan amount

$625,000

Est. remaining balance

$586,266

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Alexander Galuz and Yana Galuz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 8:00 PM

Listing updated: 07/15/2024 at 10:35 PM

Listed by: Yana Galuz, Keller Williams Realty Calabasas Phone #: (818) 657-6500

MLS: CLAW #24385871

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