NOT LISTED FOR SALE

Estimated Value: $1,667,000 - $2,883,118

2 Beds
2.5 Baths
1,887 Sq Ft
$1,040/mo HOA Fee

Last Sold September 17, 2020

Last sale price $1,500,000 $795 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,679/month

80 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 September 2020

Rare Front Row Architectural Town Home/Condo on the Bluffs with Direct Unobstructed Ocean Views from Living Room, Dining Room, Kitchen & Master Bedroom, Bath & Patio. Breathtaking & Stunning Ocean and Sunset Views from this Modern Mediterranean Inspired Property Nestled in a Private Gated Community Overlooking Broad Beach with only 14 Town Homes. Feels like a Private Home. This is a Luxury Property with High Ceilings, Multi Floors, Two Patios, Grassy Yard, and Updated Flooring & Kitchen. Two Spacious Bedrooms and a Loft that could be used for a Third Bedroom, Office or Workout Room. Master Bath has Dual Sinks & Tiled Vanity, Shower & Jetted Bathtub. There are Fireplaces in Living Room & Master Bedroom. The Resort-like community has a gorgeous pool, spa and tennis court. This is a Malibu Dream Property.

Last Agent to Sell the Property

rob abbey

Pinnacle Estate Properties License #01915031 Listed on: 05/29/2020

Pinnacle Estate Properties

Last Buyer's Agent

rob abbey

Pinnacle Estate Properties License #01915031 Listed on: 05/29/2020

Pinnacle Estate Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Gated Home

HOA Fees

  • $1,040 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,887 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Dressing Area

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Gate

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 4470-002-051

Community Details

Overview

  • Association fees include trash
  • 14 Units
  • Maintained Community

Amenities

  • Sundeck

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,040 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Malibu Colony West HOA
  • Entry Floor: 1
  • Living Area: 1887
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator, Satellite, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 887.65

Exterior Features

  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool, In Ground, Private
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Auto Driveway Gate, Garage - 2 Car

Utilities

  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated, Prewired for alarm system

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash
  • HOA Fees: 1040.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-002-051
  • Geocode Override: No
  • Lot Size Area: 82857

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Aug 25, 2020
Sold by
Stewart Judith and Kostelecky Milo
Bought by
Winters Marc and Winters Lorrie
Seller's Agent
rob abbey
Pinnacle Estate Properties
Buyer's Agent
rob abbey
Pinnacle Estate Properties
List Price
$1,675,000
Sold Price
$1,500,000
Premium/Discount to List
-$175,000
-10.45%
Current Estimated Value
$2,113,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,280
Avg. Annual Appreciation
6.64%

Purchase Details

Listed on
Oct 4, 2018
Closed on
Oct 31, 2018
Sold by
Frazier Wendy S
Bought by
Stewart Judith and Kostelecky Milo
Seller's Agent
Jordan R. Reghetti
No Firm Affiliation
List Price
$1,375,000
Sold Price
$1,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jul 7, 2015
Sold by
Dang Peter Kammte
Bought by
Frazier Wendy S
Seller's Agent
Rick Dergan
LPT Realty, Inc
Buyer's Agent
Jordan R Reghetti
List Price
$999,000
Sold Price
$1,100,000
Premium/Discount to List
$101,000
10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Jan 15, 2001
Sold by
Dang Peter K
Bought by
Dang Peter Kammie and Peter Kammie Dang Inter Vivos Trust

Purchase Details

Closed on
May 21, 1998
Sold by
Goulding Richard S
Bought by
Dang Peter K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,400
Interest Rate
6.75%
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
Winters Marc $1,500,000 Lawyers Title Company
Stewart Judith $1,375,000 Fidelity National Title Comp
Stewart Judith -- Fidelity National Title Comp
Frazier Wendy S $1,100,000 Title 365
Dang Peter Kammie -- --
Dang Peter K $488,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dang Peter K $390,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2020 09/17/20 Sold $1,500,000 -10.4% $795 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $1,675,000 +21.8% $888 / Sq Ft
11/10/2018 11/10/18 Sold $1,375,000 0.0% $729 / Sq Ft View Prior Sale
10/26/2018 10/26/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $1,375,000 +25.0% $729 / Sq Ft
08/01/2015 08/01/15 Sold $1,100,000 +10.1% $583 / Sq Ft View Prior Sale
07/03/2015 07/03/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $999,000 -- $529 / 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 $19,055 $1,623,645 $1,231,374 $392,271
2024 $19,055 $1,591,810 $1,207,230 $384,580
2023 $18,713 $1,560,599 $1,183,559 $377,040
2022 $18,487 $1,530,000 $1,160,352 $369,648
2021 $18,036 $1,500,000 $1,137,600 $362,400
2020 $16,983 $1,402,500 $561,000 $841,500
2019 $16,743 $1,375,000 $550,000 $825,000
2018 $13,596 $1,144,439 $771,248 $373,191
2016 $14,188 $1,100,000 $741,300 $358,700
2015 $7,976 $648,337 $351,671 $296,666
2014 $7,872 $635,638 $344,783 $290,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-583752

The MLS

APN: 4470-002-051