NOT LISTED FOR SALE

31244 Bailard Rd Malibu, CA 90265

Malibu West Neighborhood

Estimated Value: $1,667,000 - $2,146,503

2 Beds
3 Baths
1,887 Sq Ft
$700/mo HOA Fee

Last Sold September 23, 2016

Last sale price $1,350,000 $715 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $12,121/month

42 Days on Market

Highlights

  • Ocean View
  • Heated 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 2016

Front Row, Furnished & Fabulous.. Remodeled Front Row Unit with Breath Taking Ocean Views!! Perched above Broad Beach, This Small Gated Complex is Reminiscent of a Mediterranean Villa Boasting Resort Style Pool, Spa, Tennis & Deeded Bch Rights. Designer Furnishings, Multi-level Unit, High Ceilings, Sky-lights, Hardwood & Limestone Floors. Completely Remodeled Kitchen, Stainless Steel Appliances, Custom Cabinets. Dining Rm w/Italian Floating Glass Table w/Stainless Steel Base. Sun Filled Living Rm w/Designer Furniture, Fireplace. Half bath w/Hand-carved Granite Sink. Master Bed w/Fireplace, Walk-in Closet, Private Balcony, Designer Furniture, Mounted TV. Remodeled Master bath w/Marble Floor, Tile Shower, Jacuzzi Tub. Bonus Rm w/Access to Second Balcony, Designer Sleeper-sofa, Built-in desk. Second Bed w/Custom Armoire, Poster Bed, Walk-in Closet. Second Bath w/Glass Tile, Designer Sink. Life Source Water Filtration System For Entire Home... Turn the Key & Live the Dream

Last Agent to Sell the Property

Scotty Brown

Ashby & Graff License #01401365 Listed on: 06/27/2016

Last Buyer's Agent

Lily Pingatore

Coldwell Banker Realty License #01700461

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Gated Home

HOA Fees

  • $700 Monthly HOA Fees

Property Views

  • Ocean
  • City Lights

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,887 Sq Ft Home
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Guest Parking

Pool

Utilities

  • Central Heating
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 4470-002-050

Community Details

Overview

  • 14 Units
  • Association Phone (888) 400-7080
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$700 per month

Listing Details

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

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Marble, Stone, Tile, Wood
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 784.31

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Garage, Garage - 2 Car, Garage Is Attached, Parking for Guests

Utilities

  • Heating: Central
  • Security: Gated, Prewired for alarm system

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 700.00
  • Phone: 888-400-7080
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-002-050
  • Geocode Override: No
  • Lot Size Area: 82857

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Sep 9, 2016
Sold by
Wilson Nancy R
Bought by
Philips Karine T and Tebelekian Lidia T
Seller's Agent
Scotty Brown
Ashby & Graff
Buyer's Agent
Lily Pingatore
Coldwell Banker Realty
List Price
$1,588,000
Sold Price
$1,350,000
Premium/Discount to List
-$238,000
-14.99%
Current Estimated Value
$1,867,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,376
Avg. Annual Appreciation
3.55%
Original Mortgage
$1,080,000
Outstanding Balance
$860,879
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,006,497

Purchase Details

Closed on
Jun 20, 2007
Sold by
Weichert Relocation Resources Inc
Bought by
Wilson Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2007
Sold by
Ziegler James L
Bought by
Weichert Relocation Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2001
Sold by
Donnelly Linda Marie
Bought by
Ziegler James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
7.19%

Purchase Details

Closed on
Jan 19, 1999
Sold by
Ogurkiewicz Gary R
Bought by
Donnelly Linda Marie

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
6.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Philips Karine T $1,350,000 Lawyers Title
Wilson Nancy R $1,460,000 Chicago Title Co
Weichert Relocation Resources Inc -- Chicago Title Co
Ziegler James L $610,000 Fidelity National Title Co
Donnelly Linda Marie $512,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philips Karine T $1,080,000
Previous Owner Wilson Nancy R $550,000
Previous Owner Ziegler James L $457,500
Previous Owner Donnelly Linda Marie $410,000
Closed Ziegler James L $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $1,350,000 -8.8% $715 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/30/2016 07/30/16 Price Changed $1,480,000 -6.8% $784 / Sq Ft
06/27/2016 06/27/16 For Sale $1,588,000 -- $842 / 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 $19,877 $1,566,784 $1,148,164 $418,620
2024 $18,337 $1,536,063 $1,125,651 $410,412
2023 $18,007 $1,505,945 $1,103,580 $402,365
2022 $17,787 $1,476,418 $1,081,942 $394,476
2021 $17,351 $1,447,470 $1,060,728 $386,742
2019 $17,006 $1,404,539 $1,029,267 $375,272
2018 $16,140 $1,377,000 $1,009,086 $367,914
2016 $18,897 $1,619,983 $1,166,323 $453,660
2015 $12,993 $1,097,700 $790,300 $307,400
2014 $11,429 $955,000 $687,600 $267,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Scotty Brown

    Ashby & Graff

    Section Image
  • Lily Pingatore

    Buyer's Agent in 2016

    Lily Pingatore

    Coldwell Banker Realty

    (310) 266-8428

    10 Total Sales

    Lily Pingatore
    Section Image
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Map

Source: The MLS

MLS Number: 16-138590

The MLS

APN: 4470-002-050

California Los Angeles County Malibu 90265 Malibu West

31244 Bailard Rd, Malibu, CA

Not Listed for Sale

Condos

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