NOT LISTED FOR SALE

31228 Bailard Rd Unit 1 Malibu, CA 90265

Malibu West Neighborhood

Estimated Value: $1,278,000 - $1,754,833

2 Beds
3 Baths
1,791 Sq Ft
$1,500/mo HOA Fee

Last Sold July 14, 2023

Last sale price $1,500,000 $838 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,382/month

8 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Granite Flooring
  • Malibu Elementary School Rated A
  • Gated Community
  • 1.9 Acre Lot

About This Home

As of July 2023

Welcome to this upgraded townhouse with exquisite taste and quality. Enjoy the private end unit location and ocean breeze. With hardwood flooring, and high-end upgrades, this home offers both elegance and functionality. Retreat to the beautiful primary bath with marble, a full shower, and a soaking tub. The private garden oasis and proximity to the ocean make this townhouse truly special. Don't miss the opportunity to own this state-of-the-art, end-unit townhouse in a gated, 14-unit complex.

Last Agent to Sell the Property

Jeremy Greenberg

Carolwood Estates License #02071906 Listed on: 06/08/2023

Carolwood Estates

Co-Listed By

Jon Grauman

Resident Group License #01469825

Last Buyer's Agent

Thomas Dolezel

The Agency License #02121377

The Agency

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • 1.9

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,791 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Skylights in Kitchen
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Ocean Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Granite
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Porch

Additional Features

  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4470-002-039

Community Details

Overview

  • 14 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: MALIBU COLONY WEST
  • Entry Floor: 1
  • Living Area: 1791
  • Lot Acreage: 1.9021
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Marble, Granite
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Skylight(s)
  • Laundry: Garage, In Unit
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 890.56

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Patio: Balcony, Porch
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

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

Utilities

  • Heating: Central
  • Security: Community, Gated

Association/Amenities

  • Amenities: Gated Community, Spa, Pool, Tennis Courts
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1500.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4470-002-039
  • Lot Size Area: 82857

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 6, 2023
Sold by
Hosny Mark
Bought by
Hosny Angela
Seller's Agent
Jeremy Greenberg
Carolwood Estates
Buyer's Agent
Thomas Dolezel
The Agency
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Views
71
Current Estimated Value
$1,610,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,958
Avg. Annual Appreciation
2.85%
Original Mortgage
$727,000
Outstanding Balance
$709,657
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$901,301

Purchase Details

Closed on
Apr 3, 2023
Sold by
Hoffberg Larry Michael
Bought by
Larry M Hoffberg Trust

Purchase Details

Closed on
Oct 26, 2020
Sold by
Hoffberg Larry Michael
Bought by
Hoffberg Larry Michael and Santeler Sharon

Purchase Details

Closed on
Mar 8, 2019
Sold by
Hoffberg Larry M
Bought by
Larry M Hoffberg Trust

Purchase Details

Closed on
May 31, 2002
Sold by
Hoffberg Doral
Bought by
Hoffberg Larry M

Purchase Details

Closed on
Jul 23, 2001
Sold by
Greene Joseph and Greene Dorothy
Bought by
Hoffberg Larry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,750
Interest Rate
7.8%

Purchase Details

Closed on
Mar 16, 2000
Sold by
Burke Brian Patrick
Bought by
Greene Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,200
Interest Rate
3.95%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Trust Forde Douglas L Tr Douglas L Forde
Bought by
Burke Brian Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
7.25%
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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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
Hosny Angela -- Lawyers Title Company
Hosny Angela $1,500,000 Lawyers Title Company
Larry M Hoffberg Trust -- Accommodation/Courtesy Recordi
Hoffberg Larry Michael -- None Available
Larry M Hoffberg Trust -- None Available
Hoffberg Larry M -- --
Hoffberg Larry M $552,500 Equity Title
Greene Joseph $524,000 Equity Title
Burke Brian Patrick $482,500 American Title Co
Forde Douglas L -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hosny Angela $727,000
Previous Owner Hoffberg Larry M $386,750
Previous Owner Greene Joseph $419,200
Previous Owner Burke Brian Patrick $386,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $1,500,000 -6.0% $838 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $1,595,000 -- $891 / 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 $18,098 $1,530,000 $1,083,036 $446,964
2024 $18,098 $1,500,000 $1,061,800 $438,200
2023 $9,790 $784,496 $459,906 $324,590
2022 $9,612 $769,115 $450,889 $318,226
2021 $9,364 $754,036 $442,049 $311,987
2020 $9,307 $746,305 $437,517 $308,788
2019 $9,172 $731,673 $428,939 $302,734
2018 $8,694 $717,328 $420,529 $296,799
2016 $8,356 $689,475 $404,200 $285,275
2015 $8,241 $679,119 $398,129 $280,990
2014 $8,132 $665,817 $390,331 $275,486
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jeremy Greenberg

    Carolwood Estates

    (424) 230-3700

    1 in this area

    26 Total Sales

    Jeremy Greenberg
    Section Image
  • Jon Grauman

    Seller Co-Listing Agent in 2023

    Jon Grauman

    Resident Group

    (310) 403-6477

    2 in this area

    448 Total Sales

    Jon Grauman
    Section Image
  • Thomas Dolezel

    Buyer's Agent in 2023

    Thomas Dolezel

    The Agency

    (310) 919-6563

    1 in this area

    2 Total Sales

    Thomas Dolezel
    Section Image
  • Sandro Dazzan

    Buyer Co-Listing Agent in 2023

    Sandro Dazzan

    The Agency

    (310) 435-7556

    1 in this area

    89 Total Sales

    Sandro Dazzan
    Section Image
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Map

Source: The MLS

MLS Number: 23-279611

The MLS

APN: 4470-002-039

California Los Angeles County Malibu 90265 Malibu West

31228 Bailard Rd Unit 1, Malibu, CA

Not Listed for Sale

Condos

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