NOT LISTED FOR SALE

Estimated Value: $1,572,000 - $2,655,716

2 Beds
2.5 Baths
1,887 Sq Ft
1.9 Acres

Last Sold March 27, 2013

Last sale price $900,000 $477 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $11,356/month

13 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • 82,856 Sq Ft lot
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of March 2013

Malibu Colony West Best view in Complex! Contemporary Mediterranean condo with large ocean views. Newly painted. Two fireplaces, high ceilings, skylights two bedrooms, 2.5 baths and a loft with lots of windows and light. Bamboo floors in main living areas. This is an end unit with extra windows, in a small elegant complex with Pool, spa, tennis court and deeded beach rights at West Sea Level a beautiful sandy beach. Property has been recently updated with new stainless appliances, and repainted. Loft built-ins and Murphy bed removed. Fabulous location near new Trancas Country Mart to be completed by summer.

Last Agent to Sell the Property

Gracee Arthur

The Hollywood Realty License #01118257 Listed on: 03/01/2013

Last Buyer's Agent

Gracee Arthur

Nest Seekers License #01118257

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • 1.9

Property Views

  • Ocean
  • Coastline

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,887 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Loft
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Outdoor Features

  • Heated In Ground Pool
  • Enclosed Patio or Porch

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4470-002-052

Community Details

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 14 Units
  • 24-Hour Security

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

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: 1887
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Gas Starter, Living Room, Master Bedroom
  • Flooring: Bamboo, Carpet, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Laundry: Garage
  • Total Bathrooms: 2.50
  • Equipment: Alarm System, Cable, Ceiling Fan, Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 516.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • View: Coastline, Ocean
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Assoc Pet Rules, Pool, Security, Spa, Tennis Courts
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 700.00

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-002-052
  • Geocode Override: No
  • Lot Size Area: 82856

Multi Family

  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
Mar 22, 2013
Sold by
Castleberry James N and The Castleberry Survivors Trus
Bought by
Benzaquen Diana
Seller's Agent
Gracee Arthur
The Hollywood Realty
Buyer's Agent
Gracee Arthur
The Hollywood Realty
List Price
$975,000
Sold Price
$900,000
Premium/Discount to List
-$75,000
-7.69%
Current Estimated Value
$1,959,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,059,929
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Castleberry James N
Bought by
Castleberry James N and The Castleberry Survivors Trust

Purchase Details

Closed on
Oct 7, 1994
Sold by
Bogda Russell W and Lapid Bogda Ginger
Bought by
Castleberry James N and Castleberry Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
8.12%
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
Benzaquen Diana $900,000 Equity Title
Castleberry James N -- --
Castleberry James N $460,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castleberry James N $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2013 03/27/13 Sold $900,000 -7.7% $477 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $975,000 -- $517 / 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 $13,279 $1,108,272 $714,223 $394,049
2024 $13,279 $1,086,542 $700,219 $386,323
2023 $13,041 $1,065,239 $686,490 $378,749
2022 $12,878 $1,044,353 $673,030 $371,323
2021 $12,556 $1,023,877 $659,834 $364,043
2020 $12,483 $1,013,380 $653,069 $360,311
2019 $12,306 $993,511 $640,264 $353,247
2018 $11,674 $974,031 $627,710 $346,321
2016 $11,233 $936,210 $603,336 $332,874
2015 $11,081 $922,148 $594,274 $327,874
2014 $10,929 $904,085 $582,633 $321,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-654865

The MLS

APN: 4470-002-052