NOT LISTED FOR SALE

23951 De Way Malibu, CA 90265

Estimated Value: $1,842,653 - $2,159,000

2 Beds
3 Baths
2,290 Sq Ft
$886/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $1,625,000 $710 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $13,098/month

166 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Gated Community
  • Webster Elementary School Rated A
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of April 2021

This is Malibu's finest gated townhouse complex located near stores and restaurants. Toscana Townhouse with ocean view master suite. Enter your private 2 car garage with direct access to your home. The living areas are spacious and open with high ceilings in the family room, dining area, living room with fireplace and open gourmet kitchen. Off the family room is a great backyard patio with privacy and tropical landscaping. The top level is an oversized ocean view master suite with a fireplace, walk-in closet and a great ocean view bathroom with spa tub. Completing the upper level is another bedroom, full bath, laundry room and a small sitting or office space. The complex has a pool and spa and a small ocean view gym. Perfect for 1031, tenants current lease expires 10/31/2021.

Last Agent to Sell the Property

Jeff Chertow

Pinnacle Estate Properties License #00976750 Listed on: 10/09/2020

Pinnacle Estate Properties

Last Buyer's Agent

Siv Cotton

Engel & Völkers Beverly Hills License #02007250

Engel & Völkers Beverly Hills

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2004

Lot Details

  • 3.6

HOA Fees

  • $761 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,290 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4458-027-071

Community Details

Overview

  • 22 Units
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 2004

Lot Details

3.6 Acres

HOA Fees

$761 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Mediterranean
  • Street Number Display: Yes
  • Complex Name: Toscana
  • Entry Floor: 1
  • Living Area: 2290
  • Planned Urban Dev: 1
  • Stories: 2
  • Year Built: 2004
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Travertine, Tub With Jets
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 741.92

Exterior Features

  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Community

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Exercise Room, Gated Community, Pool, Spa
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 761.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4458-027-071

Multi Family

  • Number Of Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2013
Sold by
Pocock J Michael
Bought by
Bertsch Carolyn A
Current Estimated Value
$2,029,663

Purchase Details

Closed on
Aug 7, 2013
Sold by
Bertsch Carolyn A
Bought by
Rainbow Investments Llc

Purchase Details

Closed on
Jul 9, 2007
Sold by
Orefice Cary H and Orefice Vera S
Bought by
Pocock J Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bertsch Carolyn A $1,385,000 California Title Company
Rainbow Investments Llc $1,350,000 North American Title Company
Pocock J Michael $1,830,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pocock J Michael $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $1,625,000 -4.4% $710 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $1,699,000 -- $742 / Sq Ft
Source: The MLS

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 $22,952 $1,758,949 $1,037,077 $721,872
2024 $22,952 $1,724,461 $1,016,743 $707,718
2023 $22,534 $1,690,649 $996,807 $693,842
2022 $22,239 $1,657,500 $977,262 $680,238
2021 $20,123 $1,476,418 $805,140 $671,278
2020 $20,020 $1,461,280 $796,885 $664,395
2019 $19,771 $1,432,628 $781,260 $651,368
2018 $18,871 $1,404,539 $765,942 $638,597
2016 $18,254 $1,350,000 $736,200 $613,800
2015 $18,901 $1,412,671 $849,439 $563,232
2014 $18,676 $1,385,000 $832,800 $552,200
Source: Public Records

Agents Affiliated with this Home

  • Jeff Chertow

    Seller's Agent in 2021

    Jeff Chertow

    Pinnacle Estate Properties

    (310) 456-3469

    49 Total Sales

    Jeff Chertow
    Section Image
  • Siv Cotton

    Buyer's Agent in 2021

    Siv Cotton

    Engel & Völkers Beverly Hills

    (818) 437-2300

    11 Total Sales

    Siv Cotton
    Section Image
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Map

Source: The MLS

MLS Number: 20-644414

The MLS

APN: 4458-027-071

California Los Angeles County Malibu 90265

23951 De Way, Malibu, CA

Not Listed for Sale

Townhouses

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