NOT LISTED FOR SALE

23908 De Way Unit D Malibu, CA 90265

Estimated Value: $1,230,084 - $1,531,000

2 Beds
2 Baths
1,470 Sq Ft
$717/mo HOA Fee

Last Sold July 26, 2021

Last sale price $1,100,000 $748 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,490/month

Highlights

  • Ocean View
  • Unit is on the top floor
  • Open Floorplan
  • Webster Elementary School Rated A
  • Heated In Ground Pool
  • Contemporary Architecture

About This Home

As of July 2021

Ocean View 2 bed 2 bath condo in prime central Malibu. First time on the market since the 80's. Open living room, kitchen, dining, cozy fireplace, bath, shower and laundry unit are all located on the first floor with a large balcony boasting expansive ocean, mountain and Malibu city views. The master bedroom and second bedroom are both located on the top floor with spacious walk-in closet, full size master bath and shower, both bedrooms showcase gorgeous ocean views. This top floor Maison De Ville unit overlooks central Malibu, with a direct line of sight into one of the world's most coveted surfing destinations. Complex features include large heated pool, spa, sauna, chairs, umbrellas, changing rooms all surrounded by lush, beautifully landscaped gardens and grassy area. Newly constructed walking and bike path leads directly into the heart of Malibu's premiere Cross Creek, Malibu Country Mart and Lumberyard. Located within close proximity to Pepperdine University, Whole Foods, Malibu Pier, Nobu, Soho House, Malibu Canyon, world class restaurants, surfing, hiking and shopping.

Last Agent to Sell the Property

Natalie Todd

Douglas Elliman License #01957874 Listed on: 07/09/2021

Douglas Elliman

Last Buyer's Agent

Ani Dermenjian

Douglas Elliman License #01185123

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,175

Year Built

  • Built in 1965

Lot Details

  • 2.69

HOA Fees

  • $717 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Bay
  • Catalina
  • City Lights
  • Bluff
  • Canyon
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,470 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Den
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Direct Access Garage
  • 1 Attached Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Exercise
  • Heated Spa
  • In Ground Spa

Additional Features

  • Living Room Balcony
  • East Facing Home
  • Unit is on the top floor
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 4458-021-049

Community Details

Overview

  • Association fees include gas, earthquake insurance, trash, building and grounds, insurance, maintenance paid, water
  • 48 Units
  • Maintained Community

Amenities

  • Sauna

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,175

Year Built

Built in 1965

Lot Details

0

HOA Fees

$717 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Levels: Two, Top Level
  • Street Number Display: Yes
  • Advertising Remarks: Ocean View, 2 bed 1.5 bath condo in prime central Malibu location. Incredible deal, great opportunity, awaiting a new buyers touch. Open living room, kitchen, dining, cozy fireplace, bath and laundry unit are all located on the first floor with a large balcony with ocean, mountain and city views. The master bedroom and second bedroom are located on the lower floor with spacious walk-in closet, full size master bath and garden. Located within close proximity to Pepperdine University, Whole Foods, Malibu Country Mart, Lumberyard, Malibu Pier, Nobu, Soho House, Malibu Canyon, world class surfing, hiking and shopping.
  • Complex Name: Maison De Ville
  • Entry Floor: 2
  • Entry Location: Mid Level
  • Living Area: 1470
  • Lot Acreage: 2.6935
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1965
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Recessed Lighting, Living Room Balcony, Open Floor Plan
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Vinyl
  • Appliances: Cooktop - Electric
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub, Low Flow Toilet(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 748.30

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony
  • Patio: Deck(s), Living Room Deck Attached, Balcony
  • Pool Description: Association Pool, Exercise Pool, In Ground, Heated, Community
  • Pool: Yes
  • Spa: Hot Tub, In Ground, Association Spa, Community, Heated
  • Spa Yn: Yes
  • View: Bay, Bluff, Canyon, Catalina, City Lights, Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Carport Attached, Covered Parking, Direct Entrance, Parking for Guests - Onsite
  • Total Parking: 1

Utilities

  • Earth Quake Ins: 1
  • Heating: Fireplace, Radiant
  • Security: Smoke Detector, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Guest Parking, Pool, Sauna, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Earthquake Insurance, Trash, Building and Grounds, Insurance, Maintenance Paid, Water
  • HOA Fees: 716.54
  • HOA: Yes
  • Unit Location: D

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4458-021-049
  • Lot Size Area: 117327

Multi Family

  • Number Of Units: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 20, 2021
Sold by
Ruth Hillman Living Trust and The Ruth Hillman Living Trust
Bought by
Cargret Llc
Seller's Agent
Natalie Todd
Douglas Elliman
Buyer's Agent
Ani Dermenjian
Douglas Elliman
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,404,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,521
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Feb 6, 2010
Sold by
Hillman Ruth
Bought by
Hillman Ruth and Ruth Hillman Living Trust
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
Cargret Llc $1,100,000 Lawyers Title
Hillman Ruth -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $1,100,000 0.0% $748 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,100,000 -- $748 / 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 $16,175 $1,167,327 $909,666 $257,661
2024 $16,175 $1,144,439 $891,830 $252,609
2023 $15,925 $1,122,000 $874,344 $247,656
2022 $15,755 $1,100,000 $857,200 $242,800
2021 $8,017 $442,059 $132,608 $309,451
2020 $7,546 $437,527 $131,249 $306,278
2019 $7,474 $428,949 $128,676 $300,273
2018 $7,194 $420,539 $126,153 $294,386
2016 $7,388 $404,210 $121,255 $282,955
2015 $7,160 $398,139 $119,434 $278,705
2014 $7,099 $390,341 $117,095 $273,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-754510

The MLS

APN: 4458-021-049