NOT LISTED FOR SALE

31240 Bailard Rd Unit 7 Malibu, CA 90265

Malibu West Neighborhood

Estimated Value: $1,647,000 - $1,990,000

2 Beds
2.5 Baths
1,791 Sq Ft
$976/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $1,325,000 $740 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,203/month

344 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 March 2021

Come relax to the sound of waves lapping on the shore. Be mesmerized by ocean views and technicolor sunsets. Enjoy complete privacy of your own garden and terrace with all the amenities of a high-end resort at your fingertips. Recently remodeled and shows beautifully. This three-story poolside home is light and bright with multiple skylights. Wonderful award-winning architecture and floor plan for modern living. The main level kitchen, dining room and living room have an open concept floor plan that features a fireplace, high ceilings, and large terrace with ocean views. First floor master with large walk-in closet opens to gated yard. 3rd floor has a 2nd bedroom and bath plus loft that is perfect for a den, media room or office. The unique 14-unit condominium complex, Malibu Colony West, sits on the bluff overlooking Broad Beach. This resort-like setting features a tennis court, jacuzzi spa, sparkling pool heated year-round, and beautiful grounds. Deeded beach rights included.

Last Agent to Sell the Property

Kristin Jaman

Coldwell Banker Realty License #02014005 Listed on: 03/09/2020

Coldwell Banker Realty

Last Buyer's Agent

Kristin Jaman

Coldwell Banker Realty License #02014005 Listed on: 03/09/2020

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1983

Lot Details

  • 1.9 Acre Lot
  • Gated Home

HOA Fees

  • $1,040 Monthly HOA Fees

Property Views

  • Ocean
  • Pool

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,791 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Living Room
  • Living Room Balcony
  • Dining Area
  • Loft
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Home Security

Parking

  • 2 Car Garage
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4470-002-045

Community Details

Overview

  • 14 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,040 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Malibu Colony West
  • Entry Floor: 1
  • Living Area: 1791
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Living Room Balcony
  • Fireplace Rooms: Gas, Gas and Wood, Master Bedroom
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Cable, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 781.13

Exterior Features

  • Balcony: 2
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Exposure: S, W Ocean
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Ocean, Pool
  • View: Yes

Garage/Parking

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

Utilities

  • Earth Quake Ins: 1
  • Heating: Central, Natural Gas
  • Security: Gated, Smoke Detector
  • Sewer: Septic Tank

Association/Amenities

  • Amenities: Gated Community, Guest Parking, Pool, Spa, Tennis Courts
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1040.00
  • HOA: Yes
  • Unit Location: End

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4470-002-045
  • Geocode Override: No
  • Lot Size Area: 82857

Multi Family

  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 1999
Sold by
Doe Judith
Bought by
Harris Md Randy S and Harris Mimi
Current Estimated Value
$1,675,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,250
Outstanding Balance
$113,856
Interest Rate
7.87%
Estimated Equity
$1,634,913

Purchase Details

Closed on
Sep 23, 1994
Sold by
Ba Properties Inc
Bought by
Doe Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,775
Interest Rate
8.55%

Purchase Details

Closed on
Aug 18, 1994
Sold by
Welch Robert C
Bought by
Ba Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,775
Interest Rate
8.55%
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
Harris Md Randy S $487,500 First American Title Co
Doe Judith $394,500 World Title Company
Ba Properties Inc $294,000 Continental Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Md Randy S $438,250
Previous Owner Doe Judith $294,775
Closed Doe Judith $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $1,325,000 -5.3% $740 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $1,399,000 -- $781 / 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 $16,845 $1,434,219 $1,039,242 $394,977
2024 $16,845 $1,406,098 $1,018,865 $387,233
2023 $16,542 $1,378,529 $998,888 $379,641
2022 $16,338 $1,351,500 $979,302 $372,198
2021 $8,892 $706,042 $463,455 $242,587
2020 $8,839 $698,803 $458,703 $240,100
2019 $8,712 $685,102 $449,709 $235,393
2018 $8,258 $671,670 $440,892 $230,778
2016 $7,938 $645,590 $423,773 $221,817
2015 $7,830 $635,894 $417,408 $218,486
2014 $7,729 $623,439 $409,232 $214,207
Source: Public Records

Agents Affiliated with this Home

  • Kristin Jaman

    Seller's Agent in 2021

    Kristin Jaman

    Coldwell Banker Realty

    (310) 801-1066

    5 in this area

    14 Total Sales

    Kristin Jaman
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Map

Source: The MLS

MLS Number: 20-561542

The MLS

APN: 4470-002-045

California Los Angeles County Malibu 90265 Malibu West

31240 Bailard Rd Unit 7, Malibu, CA

Not Listed for Sale

Townhouses

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