NOT LISTED FOR SALE

23538 Malibu Colony Rd Unit 73 Malibu, CA 90265

Malibu Colony Neighborhood

Estimated Value: $7,031,000 - $19,254,117

5 Beds
4 Baths
4,225 Sq Ft
$2,767/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $9,980,000 $2,362 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $74,346/month

30 Days on Market

Highlights

  • Ocean Front
  • 24-Hour Security
  • 4 Car Attached Garage
  • Webster Elementary School Rated A
  • Modern Architecture
  • Bar

About This Home

As of July 2015

Rare opportunity to acquire the widest available beach home on the market in the exclusive guard-gated community of Malibu Colony. Enjoy expansive ocean views from the master bedroom or while lounging from the oversized terrace. Spacious courtyard and deck makes this the epitome of beachside living. Within walking distance to the best restaurants and shopping Malibu has to offer.

Last Agent to Sell the Property

Chad Rogers

Hilton & Hyland License #01204144 Listed on: 05/27/2015

Hilton & Hyland

Last Buyer's Agent

Chad Rogers

Hilton & Hyland License #01204144 Listed on: 05/27/2015

Hilton & Hyland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $133,765

Year Built

  • Built in 1949

Lot Details

  • 8,368 Sq Ft Lot
  • Ocean Front
  • Property is zoned LCR16000*

Parking

  • 4 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Modern Architecture

Interior Spaces

  • 4,225 Sq Ft Home
  • 2-Story Property
  • Bar
  • Living Room with Fireplace
  • Dining Area
  • Library
  • Laundry in Kitchen

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 4458-004-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$133,765

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Malibu Colony HOA
  • Living Area: 4225
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2840.24

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean, Water, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Gated Community with Guard, Guarded
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA Fees: 441.00

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4458-004-042
  • Geocode Override: No
  • Lot Size Area: 8368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 30, 2015
Sold by
Segal Barbara
Bought by
Malibu Colony Coast Llc
Seller's Agent
Chad Rogers
Hilton & Hyland
Buyer's Agent
Chad Rogers
Hilton & Hyland
List Price
$12,000,000
Sold Price
$9,980,000
Premium/Discount to List
-$2,020,000
-16.83%
Current Estimated Value
$11,689,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,709,372
Avg. Annual Appreciation
1.57%

Purchase Details

Closed on
Apr 19, 1993
Sold by
Handler Elliot
Bought by
Handler Elliot and Handler Ruth
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malibu Colony Coast Llc $9,980,000 Stewart Title
Handler Elliot -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2015 07/09/15 Sold $9,980,000 -16.8% $2,362 / Sq Ft
06/29/2015 06/29/15 For Sale $12,000,000 0.0% $2,840 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $12,000,000 -- $2,840 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $133,765 $11,814,292 $8,567,375 $3,246,917
2024 $133,765 $11,582,640 $8,399,388 $3,183,252
2023 $131,274 $11,355,531 $8,234,695 $3,120,836
2022 $129,748 $11,132,875 $8,073,231 $3,059,644
2021 $126,781 $10,914,584 $7,914,933 $2,999,651
2019 $124,334 $10,590,854 $7,680,173 $2,910,681
2018 $118,121 $10,383,191 $7,529,582 $2,853,609
2016 $113,932 $9,980,000 $7,237,200 $2,742,800
2015 $27,223 $2,320,167 $1,949,490 $370,677
2014 -- $2,274,719 $1,911,303 $363,416
Source: Public Records

Agents Affiliated with this Home

  • Chad Rogers

    Seller's Agent in 2015

    Chad Rogers

    Hilton & Hyland

    (310) 858-5417

    8 in this area

    29 Total Sales

    Chad Rogers
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Map

Source: The MLS

MLS Number: 15-908783

The MLS

APN: 4458-004-042

California Los Angeles County Malibu 90265 Malibu Colony

23538 Malibu Colony Rd Unit 73, Malibu, CA

This home is located at 23538 Malibu Colony Rd Unit 73, Malibu, CA 90265 since 27 May 2015 and is currently estimated at $11,689,372, approximately $2,766 per square foot. This property was built in 1949. 23538 Malibu Colony Rd Unit 73 is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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