NOT LISTED FOR SALE

28354 Rey de Copas Ln Malibu, CA 90265

Estimated Value: $985,273 - $1,047,000

2 Beds
3 Baths
1,378 Sq Ft
$855/mo HOA Fee

Last Sold March 05, 2021

Last sale price $765,000 $555 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,118/month

247 Days on Market

Highlights

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

About This Home

As of March 2021

Bright and tranquil 3-story townhome featuring peek-a-boo ocean views. This desirable end-unit features vaulted ceilings with floor to ceiling windows to allow an abundance of natural light throughout. The top level with ocean views is an open floor plan with a balcony, stone fireplace and upgraded kitchen with newly installed cabinets and a reverse osmosis water filtration system. The spacious master bedroom includes a balcony, walk-in closet and large bathtub. The guest bedroom offers an en-suite walk-in shower and doors leading to a patio garden. The spacious garage can fit up to two cars and has a 220 plug for electric vehicles. The unit is the closest to the newly remodeled community pool, jacuzzi and sauna. This is a great unit in a desirable and tranquil beach community located just a short walk from Paradise Cove beach.

Last Agent to Sell the Property

David Silberberg

All Coast Real Estate License #01995058 Listed on: 05/18/2020

Last Buyer's Agent

David Silberberg

All Coast Real Estate License #01995058 Listed on: 05/18/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,557

Year Built

  • Built in 1974

Lot Details

  • 3,920

HOA Fees

  • $855 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dishwasher
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Heated In Ground Pool
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 4467-031-056

Community Details

Overview

  • Association fees include security
  • 102 Units

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,557

Year Built

Built in 1974

Lot Details

0

HOA Fees

$855 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Advertising Remarks: EASY TO SHOW! Call, text or email Showing Agent: Sean Greiner 747-400-7055 for a virtual or in-person tour (as allowed).
  • Complex Name: Malibu Villas Owners Association
  • Entry Floor: 1
  • Living Area: 1378
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1974
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 562.41

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Electric
  • Security: Community

Association/Amenities

  • Amenities: Clubhouse, Pool, Sauna, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Security
  • HOA Fees: 855.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4467-031-056
  • Geocode Override: No
  • Lot Size Area: 4183

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Mar 2, 2021
Sold by
Townsend James David
Bought by
Townsend Janine M
Seller's Agent
David Silberberg
All Coast Real Estate
Buyer's Agent
David Silberberg
All Coast Real Estate
List Price
$810,000
Sold Price
$765,000
Premium/Discount to List
-$45,000
-5.56%
Current Estimated Value
$1,015,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,318
Avg. Annual Appreciation
6.33%
Original Mortgage
$573,750
Outstanding Balance
$543,348
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$471,970

Purchase Details

Listed on
May 18, 2020
Closed on
Jan 22, 2021
Sold by
Greiner Family Trust and Greiner Donald G
Bought by
Townsend Julia and Townsend Janine M
Seller's Agent
David Silberberg
All Coast Real Estate
Buyer's Agent
David Silberberg
All Coast Real Estate
List Price
$810,000
Sold Price
$765,000
Premium/Discount to List
-$45,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Outstanding Balance
$543,348
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$471,970

Purchase Details

Listed on
Jun 26, 2018
Closed on
Oct 2, 2018
Sold by
Gaeto Thomas and Gaeto Barbara
Bought by
Greiner Sean and Greiner Donald G
Seller's Agent
Lea Johnson
Sotheby's International Realty
Buyer's Agent
Lea Johnson
Sotheby's International Realty
List Price
$735,000
Sold Price
$739,000
Premium/Discount to List
$4,000
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
Original Mortgage
$369,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Duncan Scott and Geleski Diana
Bought by
Gaeto Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2003
Sold by
Kidian Sophie and Diversified Asset Management L
Bought by
Duncan Scott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Kidian Sophie
Bought by
Kidlan Sophie and Diversified Asset Management Llc

Purchase Details

Closed on
May 8, 2003
Sold by
Newsom Vernon C and Newsom Jeanne W
Bought by
Kidian Sophie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2001
Sold by
Newsom Jeanne W and Williams Jeanne J
Bought by
Newsom Vernon C
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
Townsend Janine M -- Priority Title
Townsend Julia $765,000 Priority Title
Greiner Sean $739,000 Equity Title
Gaeto Thomas $765,000 Equity Title Company
Duncan Scott M $581,000 Equity Title Company
Kidlan Sophie $57,500 --
Kidian Sophie $428,000 Equity Title Company
Newsom Vernon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Julia $573,750
Previous Owner Greiner Sean $369,500
Previous Owner Gaeto Thomas $612,000
Previous Owner Duncan Scott M $464,800
Previous Owner Kidian Sophie $321,000
Closed Kidian Sophie $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $765,000 -1.3% $555 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
11/09/2020 11/09/20 Price Changed $775,000 -0.6% $562 / Sq Ft
08/28/2020 08/28/20 Price Changed $780,000 -0.6% $566 / Sq Ft
07/27/2020 07/27/20 Price Changed $785,000 -1.3% $570 / Sq Ft
06/05/2020 06/05/20 Price Changed $795,000 -1.9% $577 / Sq Ft
05/18/2020 05/18/20 For Sale $810,000 +9.6% $588 / Sq Ft
10/16/2018 10/16/18 Sold $739,000 +4.2% $536 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
08/29/2018 08/29/18 Price Changed $709,000 -3.5% $515 / Sq Ft
06/26/2018 06/26/18 For Sale $735,000 -- $533 / 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 $10,557 $880,961 $291,991 $588,970
2024 $10,557 $863,688 $286,266 $577,422
2023 $10,365 $846,753 $280,653 $566,100
2022 $9,654 $780,300 $270,300 $510,000
2021 $9,447 $761,588 $515,283 $246,305
2020 $9,391 $753,780 $510,000 $243,780
2019 $9,256 $739,000 $500,000 $239,000
2018 $8,917 $735,000 $446,600 $288,400
2016 $9,071 $750,000 $455,700 $294,300
2015 $8,816 $727,100 $441,800 $285,300
2014 $6,252 $498,200 $302,700 $195,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-578846

The MLS

APN: 4467-031-056