NOT LISTED FOR SALE

23904 De Way Unit B Malibu, CA 90265

Estimated Value: $1,230,958 - $1,528,000

1 Bed
2 Baths
1,201 Sq Ft
2.69 Acres

Last Sold January 06, 2022

Last sale price $1,149,000 $957 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,656/month

Highlights

  • Ocean View
  • In Ground Pool
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2022

Expansive Ocean Views. Located in the heart of Malibu, this Maison De Ville unit offers 1200 sq feet of spacious sunit living. The generous main level boasts an open concept great room and cooks kitchen with warming fireplace, beverage bar, deck and vast ocean views. The lower level features a private primary bedroom with a generous walk-in closet and spacious patio. Full bath with double sink vanity and soaking tub w/ shower. Additional amenities include 3/4 bath, stacked washer/dryer, attached carport parking with direct access and community pool. Within walking distance to the popular Malibu Country Mart, Lumber Yard and Farmers Market. Close proximity to Malibu Pier and Pepperdine University.

Last Agent to Rent the Property

Dana & Jeff Luxury Homes

Compass License #00944676 Listed on: 01/13/2022

Last Renter's Agent

Branden Olmes

Compass License #01972641

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,739

Year Built

  • Built in 1965

Lot Details

  • 2.69

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,201 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Attached Carport
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Security Deposit $11,000
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4458-021-056

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,739

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 11000
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1201
  • Lot Acreage: 2.6935
  • Year Built: 1965
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Stone
  • Bedrooms: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Electric Dryer Hookup, Range/Oven, Dryer, Washer, Microwave
  • Price Per S Q F T: 3.75

Exterior Features

  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: City, City Lights, Coastline, Hills, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Carport, Carport Attached

Utilities

  • Heating: Radiant, Electric

Association/Amenities

  • Amenities: Pool, Spa
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4458-021-056
  • Lot Size Area: 117327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 21, 2021
Sold by
Gmael Malibu Trust and Gmael Malibu Trust
Bought by
Morel Delaware Trust and Jandial
Seller's Agent
Cody Garcia
The Agency
Buyer's Agent
Dana Olmes
Compass
List Price
$1,250,000
Sold Price
$1,149,000
Premium/Discount to List
-$101,000
-8.08%
Current Estimated Value
$1,373,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,490
Avg. Annual Appreciation
4.82%
Original Mortgage
$746,850
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2020
Sold by
Gila Michael
Bought by
Gmael Malibu Trust and Michael

Purchase Details

Closed on
Aug 1, 2014
Sold by
Roginson Dennis L
Bought by
Michael Gila

Purchase Details

Closed on
Oct 16, 2008
Sold by
Roginson Dennis L and Kolley Susan M
Bought by
Roginson Dennis L

Purchase Details

Closed on
Jun 5, 2008
Sold by
Roginson Dennis L and Kolley Susan M
Bought by
Roginson Dennis L

Purchase Details

Closed on
Jul 23, 2004
Sold by
Kolley Susan
Bought by
Roginson Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morel Delaware Trust $1,149,000 Lawyers Title
Gmael Malibu Trust -- None Listed On Document
Michael Gila $805,000 Equity
Roginson Dennis L -- None Available
Roginson Dennis L -- None Available
Roginson Dennis L -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morel Delaware Trust $746,850
Previous Owner Roginson Dennis L $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2022 03/20/22 Rented $4,500 0.0% --
03/03/2022 03/03/22 Price Changed $4,500 -11.8% $4 / Sq Ft
02/07/2022 02/07/22 Price Changed $5,100 -7.3% $4 / Sq Ft
01/13/2022 01/13/22 For Rent $5,500 0.0% --
01/06/2022 01/06/22 Sold $1,149,000 0.0% $957 / Sq Ft View Prior Sale
11/16/2021 11/16/21 Pending -- -- --
11/02/2021 11/02/21 Price Changed $1,149,000 -4.2% $957 / Sq Ft
10/29/2021 10/29/21 Price Changed $1,199,000 -3.2% $998 / Sq Ft
10/19/2021 10/19/21 Price Changed $1,239,000 -0.9% $1,032 / Sq Ft
10/14/2021 10/14/21 For Sale $1,250,000 -- $1,041 / 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 $16,739 $1,219,326 $942,670 $276,656
2024 $16,739 $1,195,419 $924,187 $271,232
2023 $16,479 $1,171,980 $906,066 $265,914
2022 $13,562 $911,679 $682,233 $229,446
2021 $13,281 $893,804 $668,856 $224,948
2020 $13,217 $884,640 $661,998 $222,642
2019 $13,060 $867,295 $649,018 $218,277
2018 $12,516 $850,291 $636,293 $213,998
2016 $12,134 $817,275 $611,586 $205,689
2015 $12,219 $805,000 $602,400 $202,600
2014 $5,662 $265,091 $87,474 $177,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-121607

The MLS

APN: 4458-021-056