NOT LISTED FOR SALE

23937 De Way Malibu, CA 90265

Estimated Value: $2,071,010 - $2,831,000

2 Beds
2.5 Baths
2,290 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $1,725,000 $753 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $14,990/month

42 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Clubhouse
  • Webster Elementary School Rated A
  • Gated Community
  • Traditional Architecture

About This Home

As of March 2020

Beautiful Toscana Townhome tucked away behind a private gate with tranquil back patio and gorgeous ocean views. This spacious 2BD/3BA offers high ceilings, formal living room, dining room and family room. Immaculately maintained, clean and move in ready Malibu Townhouse. Bonus room or den area off of the kitchen opens up to a serene and private back patio with a fire pit and cafe lights. Newer stainless steel kitchen appliances, window treatments and washer/dryer to be included in the sale. Multiple balconies offering gorgeous views of Malibu. Two-car private garage with bonus storage for bikes, surfboards, etc.

Last Agent to Sell the Property

Cameron Christensen

Compass License #01969728 Listed on: 01/03/2020

Compass

Last Buyer's Agent

Derek Weil

Sotheby's International Realty License #01969404

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $24,462

Year Built

  • Built in 2004

Lot Details

  • 3.6 Acre Lot
  • Gated Home

HOA Fees

  • $761 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 2,290 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4458-027-075

Community Details

Overview

  • 22 Units
  • Ross Morgan & Company, Inc. Association

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Clubhouse
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$24,462

Year Built

Built in 2004

Lot Details

0

HOA Fees

$761 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Traditional
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: Call, Text or E-mail Cameron Christensen for more information or to schedule your private showing. Beautiful Toscana Townhome tucked away behind a private gate with tranquil back patio and gorgeous ocean views. This spacious 2BD/3BA offers high ceilings, formal living room, dining room and family room. Immaculately maintained, clean and move in ready Malibu Townhouse. Bonus room or den area off of the kitchen opens up to a serene and private back patio with a fire pit and cafe lights. Newer stainless steel kitchen appliances, window treatments and washer/dryer to be included in the sale. Multiple balconies offering gorgeous views of Malibu. Two-car private garage with bonus storage for bikes, surfboards, etc.
  • Complex Name: Ross Morgan & Company, Inc.
  • Entry Floor: 0
  • Living Area: 2290
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 0
  • Year Built: 2004
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Gas
  • Flooring: Wood
  • Appliances: Microwave, Oven, Range
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Unit, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Inclusions: washer + dryer
  • Price Per S Q F T: 770.74

Exterior Features

  • Balcony: Yes
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Patio: Balcony, Patio Open
  • Pool Description: Community
  • Pool: Yes
  • View: City Lights, Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Clubhouse, Gated Community, Pool
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 761.00
  • Management Company: Ross Morgan & Company, Inc.
  • Mgmt Co Phone: 8182259191
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4458-027-075
  • Geocode Override: No
  • Lot Size Area: 156879

Multi Family

  • Number Of Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 24, 2020
Sold by
Bourdan Thomas J and Bourdan Deborah M
Bought by
Schulman Linda and Schulman Family Trust
Seller's Agent
Cameron Christensen
Compass
Buyer's Agent
Derek Weil
Sotheby's International Realty
List Price
$1,815,000
Sold Price
$1,725,000
Premium/Discount to List
-$90,000
-4.96%
Current Estimated Value
$2,306,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,003
Avg. Annual Appreciation
5.30%

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 19, 2020
Sold by
California Igloo Llc
Bought by
Bourdon Thomas J and Bourdon Deborah M
Seller's Agent
Cameron Christensen
Compass
Buyer's Agent
Derek Weil
Sotheby's International Realty
List Price
$1,815,000
Sold Price
$1,725,000
Premium/Discount to List
-$90,000
-4.96%

Purchase Details

Closed on
Oct 15, 2015
Sold by
Bourdon Thomas J
Bought by
California Igloo Llc

Purchase Details

Closed on
May 21, 2015
Sold by
Buiter Bruce
Bought by
Bourdon Thomas J and Bourdon Deborah M

Purchase Details

Closed on
Aug 13, 2004
Sold by
Malibu 22 Llc
Bought by
Buffer Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,500
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schulman Linda $1,725,000 First American Title Company
Bourdon Thomas J -- First American Title Company
California Igloo Llc -- None Available
Bourdon Thomas J $1,672,500 Fidelity
Buffer Bruce $930,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buffer Bruce $697,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $1,725,000 -2.3% $753 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
01/27/2020 01/27/20 Price Changed $1,765,000 -2.8% $771 / Sq Ft
01/03/2020 01/03/20 For Sale $1,815,000 -- $793 / 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 $24,462 $1,886,532 $1,201,913 $684,619
2024 $24,462 $1,849,543 $1,178,347 $671,196
2023 $24,018 $1,813,279 $1,155,243 $658,036
2022 $23,709 $1,777,726 $1,132,592 $645,134
2021 $23,189 $1,742,870 $1,110,385 $632,485
2020 $24,057 $1,810,365 $1,145,970 $664,395
2019 $23,753 $1,774,868 $1,123,500 $651,368
2018 $22,655 $1,740,068 $1,101,471 $638,597
2016 $21,906 $1,672,500 $1,058,700 $613,800
2015 $15,191 $1,078,616 $614,696 $463,920
2014 -- $1,057,488 $602,655 $454,833
Source: Public Records

Agents Affiliated with this Home

  • Derek Weil

    Buyer's Agent in 2020

    Derek Weil

    Sotheby's International Realty

    (310) 779-5089

    1 Total Sale

    Derek Weil
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Map

Source: The MLS

MLS Number: 20-540278

The MLS

APN: 4458-027-075

California Los Angeles County Malibu 90265

23937 De Way, Malibu, CA

This home is located at 23937 De Way, Malibu, CA 90265 since 03 January 2020 and is currently estimated at $2,306,003, approximately $1,006 per square foot. This property was built in 2004. 23937 De Way 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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