$960,000
SOLD JAN 22, 2025

28288 Rey de Copas Ln Malibu, CA 90265

2 Beds
2.5 Baths
1,306 Sq Ft
$855/mo HOA Fee

Recently Sold

$735 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Clubhouse
  • Webster Elementary School Rated A
  • Heated In Ground Pool
  • Contemporary Architecture

About This Home

As of January 2025

Ocean views at Malibu Villas with a terrific location within the complex. This end unit on the third row faces south & west and is flooded with natural sunlight. Enter into the foyer with a coat closet and proceed to the Living Room which features a cozy wood burning fireplace, sliding glass doors that open to a beautiful terrace, and enjoy the wet bar with lovely wood storage cabinets. Convenient main level powder room. The Dining Room has sliding glass doors that open to an atrium patio. The bright Kitchen has table space and also opens to patio with BBQ. Upstairs are two spacious bedrooms, baths and generous closets. Primary bedroom has ocean views and another lovely private outdoor space from which to enjoy them. Primary bath has double bowl vanity. The 2 car attached garage with washer and dryer brings you directly into the kitchen. This popular complex has a recreation room, pool and sauna, as well as earthquake insurance. Residents here enjoy access to the famous Paradise Cove beach across the street and ideal central location moments from Point Dume Village, Zuma Beach, and Trancas Country Market.

Last Agent to Sell the Property

Kristin Jaman

Coldwell Banker Realty License #02014005 Listed on: 11/25/2024

Coldwell Banker Realty

Co-Listed By

Janice Burns

Pinnacle Estate Properties License #01247401

Last Buyer's Agent

Kristin Jaman

Coldwell Banker Realty License #02014005 Listed on: 11/25/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $855 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,306 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating
  • Property is located within a water district
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4467-031-033

Community Details

Overview

  • Association fees include clubhouse, insurance, trash, water
  • 116 Units

Amenities

  • Sundeck
  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,836

Year Built

Built in 1974

Lot Details

0

HOA Fees

$855 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Malibu Villas
  • Entry Floor: 1
  • Living Area: 1306
  • Lot Acreage: 0.1300
  • Lot Dimensions: 22x62
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Builders Tract Name: Malibu Villas
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile, Wood
  • Bedrooms: 2
  • Fireplaces: 1
  • 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: 0
  • Eating Areas: Breakfast Area, In Kitchen, Formal Dining Rm
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Built-Ins, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 754.21

Exterior Features

  • Balcony: Yes
  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony, Barbecue Private, End Unit, Rain Gutters, Sliding Glass Doors
  • Exposure: S, W
  • Patio: Porch - Rear, Porch - Front, Balcony, Living Room Deck Attached
  • Pool Description: Association Pool, Fenced, Heated And Filtered, In Ground
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Electric
  • Earth Quake Ins: 1
  • Heating: Central, Electric
  • Security: Gated Community with Guard, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: Septic Tank
  • Water: Water District, Public

Association/Amenities

  • Amenities: Clubhouse, Spa, Sun Deck, Rec Multipurpose Rm, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Clubhouse, Insurance, Trash, Water
  • HOA Fees: 855.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4467-031-033
  • Lot Description: Gated with Guard
  • Lot Size Area: 5661

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Dec 6, 2024
Sold by
Gillen Family Trust and Gillen Ann E
Bought by
Ferber Kate and Regan Michael
Seller's Agent
Kristin Jaman
Coldwell Banker Realty
Buyer's Agent
Kristin Jaman
Coldwell Banker Realty
List Price
$985,000
Sold Price
$960,000
Premium/Discount to List
-$25,000
-2.54%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Nov 16, 2021
Sold by
Gillen Ann B
Bought by
Gillen Ann B and Thc Gillen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2018
Sold by
Gillen John
Bought by
Gillen John and Gillen Ann E

Purchase Details

Listed on
Mar 20, 2015
Closed on
Feb 3, 2016
Sold by
Prescott Douglas B
Bought by
Gillen John and Gillen Ann N
Seller's Agent
Sotheby's International Realty
Buyer's Agent
Melanie Berlind
Sotheby's International Realty
List Price
$679,500
Sold Price
$652,625
Premium/Discount to List
-$26,875
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$335,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $960,000 Equity Title Company
Interfamily Deed Transfer -- Progressive Title
Interfamily Deed Transfer -- Progressive Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $653,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $355,000 New Conventional
Previous Owner $335,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $90,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $6,500 -6.2% $5 / Sq Ft
04/04/2025 04/04/25 For Rent $6,930 0.0% --
01/22/2025 01/22/25 Sold $960,000 -2.5% $735 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $985,000 +50.9% $754 / Sq Ft
03/02/2016 03/02/16 Sold $652,625 -4.0% $500 / Sq Ft
03/20/2015 03/20/15 For Sale $679,500 -- $520 / 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
2024 $4,836 $363,137 $187,840 $175,297
2023 $4,251 $356,017 $184,157 $171,860
2022 $4,203 $349,038 $180,547 $168,491
2021 $4,102 $342,195 $177,007 $165,188
2019 $4,022 $332,048 $171,758 $160,290
2018 $3,805 $325,539 $168,391 $157,148
2016 $3,237 $235,049 $94,015 $141,034
2015 $3,192 $231,519 $92,603 $138,916
2014 $3,161 $226,985 $90,790 $136,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-467335

The MLS

APN: 4467-031-033