NOT LISTED FOR SALE

Estimated Value: $1,584,000 - $2,167,000

2 Beds
2.5 Baths
1,791 Sq Ft
$700/mo HOA Fee

Last Sold January 25, 2018

Last sale price $1,210,000 $676 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $11,417/month

84 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 82,857 Sq Ft lot
  • Malibu Elementary School Rated A
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of January 2018

What a beauty! Magical and totally charming Mykonos Mediterranean Malibu Colony West ocean view condominium. Great location. Very private and quiet. Gated and intimate 14 unit complex with pool, spa and tennis court. Wonderful floor plan with high ceilings and skylights. Living room with fireplace, formal dining area, guest bath and gourmet kitchen. Enjoy lounging on the serene deck with a mesmerizing ocean view while listening to the waves lapping on the nearby beach. Downstairs is the warm and intimate Master Bedroom with fireplace, Master Bathroom with tub and separate shower, skylight, walk in closet and private grass covered walled courtyard and garden. Upstairs is the second bedroom, full hall bathroom and open loft area (Den or 3rd Bedroom). Like living in the Greek Islands of Mykonos or Santorini. Come experience the magic!

Last Agent to Sell the Property

Tom Clements

Sotheby's International Realty License #00871954 Listed on: 08/15/2017

Last Buyer's Agent

Kristin Jaman

Coldwell Banker Realty License #02014005

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,201

Year Built

  • Built in 1983

Lot Details

  • Gated Home

HOA Fees

  • $700 Monthly HOA Fees

Property Views

  • Ocean
  • Pool

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 1,791 Sq Ft Home
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Home Security

Parking

  • 4 Car Attached Garage
  • Automatic Gate

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4470-002-044

Community Details

Overview

  • 14 Units
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,201

Year Built

Built in 1983

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Malibu Colony West
  • Entry Floor: 0
  • Living Area: 1791
  • Planned Urban Dev: 1
  • Probate: No
  • Unit Floor In Building: 0
  • Year Built: 1983
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • 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: Cable, Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 697.38

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • View: Ocean, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 4

Utilities

  • Heating: Central, Forced Air
  • Security: Automatic Gate, Card/Code Access, Gated, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Gated Community, Pool, Spa, Tennis Courts
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 700.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-002-044
  • Geocode Override: No
  • Lot Size Area: 82857

Multi Family

  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Dec 29, 2017
Sold by
Peires Lorna Grace
Bought by
Jaman Kristin
Seller's Agent
Tom Clements
Sotheby's International Realty
Buyer's Agent
Kristin Jaman
Coldwell Banker Realty
List Price
$1,325,000
Sold Price
$1,210,000
Premium/Discount to List
-$115,000
-8.68%
Current Estimated Value
$1,758,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,204
Avg. Annual Appreciation
3.90%
Original Mortgage
$847,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 2011
Sold by
Steinle Paula
Bought by
Peires Lorna Grace and Lorna Grace Peires Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2009
Sold by
Steinle Paula C
Bought by
Steinle Paula C and Paula Steinle Living Trust

Purchase Details

Closed on
Feb 3, 2009
Sold by
Steinle Paula C
Bought by
Steinle Paula C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Steinle Paula C
Bought by
Steinle Paula C and Yardley Marin John

Purchase Details

Closed on
Apr 2, 2003
Sold by
Cook James F
Bought by
Steinle Paula C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
5.73%

Purchase Details

Closed on
Jun 4, 2001
Sold by
Cook James F
Bought by
Cook James F and Cook Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.87%

Purchase Details

Closed on
Jan 3, 2000
Sold by
Bankers Trust Company
Bought by
Cook James F and Whitehill Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.37%

Purchase Details

Closed on
Nov 30, 1998
Sold by
James Brion
Bought by
Merrill Lynch Mtg Investors Inc Series 1

Purchase Details

Closed on
Jun 2, 1997
Sold by
James Brion
Bought by
James Brion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.94%
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
Jaman Kristin $1,210,000 Fidelity National Title Comp
Peires Lorna Grace $1,000,000 Equity Title Los Angeles
Steinle Paula C -- None Available
Steinle Paula C -- Fidelity National Title Co
Steinle Paula C -- --
Steinle Paula C $685,000 First American Title Co
Cook James F -- Chicago Title
Cook James F $480,000 Landsafe Title
Merrill Lynch Mtg Investors Inc Series 1 $405,997 Landsafe Title
James Brion -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaman Kristin $845,625
Closed Jaman Kristin $847,000
Previous Owner Peires Lorna Grace $600,000
Previous Owner Steinle Paula C $410,000
Previous Owner Steinle Paula C $548,000
Previous Owner Cook James F $445,000
Previous Owner Cook James F $440,000
Previous Owner Cook James F $384,000
Previous Owner James Brion $70,000
Closed Cook James F $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2018 01/25/18 Sold $1,210,000 -3.1% $676 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
10/24/2017 10/24/17 Price Changed $1,249,000 -5.7% $697 / Sq Ft
08/15/2017 08/15/17 For Sale $1,325,000 -- $740 / 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 $16,201 $1,376,769 $989,910 $386,859
2024 $16,201 $1,349,774 $970,500 $379,274
2023 $15,909 $1,323,309 $951,471 $371,838
2022 $15,713 $1,297,363 $932,815 $364,548
2021 $15,325 $1,271,925 $914,525 $357,400
2019 $15,018 $1,234,200 $887,400 $346,800
2018 $13,382 $1,125,980 $792,241 $333,739
2016 $12,883 $1,082,259 $761,478 $320,781
2015 $12,709 $1,066,003 $750,040 $315,963
2014 $12,530 $1,045,122 $735,348 $309,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-261216

The MLS

APN: 4470-002-044