NOT LISTED FOR SALE

Estimated Value: $1,348,000 - $1,658,000

2 Beds
2 Baths
1,270 Sq Ft
$1,147/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $1,225,000 $965 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,319/month

116 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • Malibu Elementary School Rated A
  • 349,210 Sq Ft lot
  • Living Room with Fireplace

About This Home

As of June 2018

ENJOY THIS CHARMING & BEAUTIFULLY UPDATED CORNER END UNIT WITH EXPANSIVE, PANORAMIC OCEAN VIEWS! COZY LIVING ROOM W/ MORE STUNNING OCEAN VIEWS, PARTIAL HIGH CEILINGS, FLOOR TO CEILING ROMANTIC FIREPLACE LEADING TO DINING AREA AND NICELY UPGRADED, MODERN KITCHEN WHICH FEATURES PROFESSIONAL STAINLESS STEEL APPLIANCES, MARBLE COUNTERS & GARDEN WINDOW OVERLOOKING THE PEACEFUL & PRIVATE PATIO YARD. LUSH FRONT GARDEN COMPLIMENTS THE STUNNING OCEAN VIEWS FROM LIVING ROOM, DINING AREA AND MASTER BEDROOM. HIGHLIGHTS: A GUEST BEDROOM SUITE, OFFICE AREA & A LOVELY MASTER SUITE W/ MORE STUNNING OCEAN VIEWS, PRIVATE BALCONY, WALK-IN CLOSET & LUXURIOUS BATH. ENJOY OCEAN VIEWS & BREEZES FROM YOUR MASTER SUITE. ALL LAMINATE FLOORS THROUGHOUT + SOME SALTILLO FLOORS. LARGE PATIO YARD WITH SOOTHING FOUNTAIN & PRIVATE ENTRANCE LEADS TO A TWO CAR GARAGE. COMMUNITY POOL + MALIBU WEST BEACH & TENNIS CLUB. WALK TO VINTAGE MARKET, BEACH, STARBUCKS, CLOSE TO SCHOOLS. NOTHING ELSE COMPARES AT THIS PRICE!

Last Agent to Sell the Property

Lea Johnson

Sotheby's International Realty License #01006000 Listed on: 01/29/2018

Last Buyer's Agent

Lea Johnson

Sotheby's International Realty License #01006000 Listed on: 01/29/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,951

Year Built

  • Built in 1965

Lot Details

  • 8.02

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,270 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Features

  • 8.02 Acre Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4469-029-004

Community Details

Overview

  • 52 Units

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,951

Year Built

Built in 1965

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: TAPIA TOWNHOMES
  • Entry Floor: 1
  • Living Area: 1270
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1965
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas Starter, Living Room
  • Flooring: Laminate, Tile, Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 940.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Door Opener, Garage - 2 Car, Garage Is Detached, On street, Parking for Guests, Private Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 600.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4469-029-004
  • Geocode Override: No
  • Lot Size Area: 349210

Multi Family

  • Number Of Units: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 31, 2018
Sold by
Halualani Michael T
Bought by
Cowenhoven Virginia Leslie
Seller's Agent
Lea Johnson
Sotheby's International Realty
Buyer's Agent
Lea Johnson
Sotheby's International Realty
List Price
$1,195,000
Sold Price
$1,225,000
Premium/Discount to List
$30,000
2.51%
Current Estimated Value
$1,471,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,314
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Dec 30, 2015
Sold by
Tapia Malibu Llc
Bought by
Halualani Michael T and Tiffany Murray E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2012
Sold by
Halaulani Michael T
Bought by
Tapia Malibu Llc

Purchase Details

Closed on
Jul 22, 2005
Sold by
Halualani Michael T
Bought by
Halualani Michael T and Tiffany Murray E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,100
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1999
Sold by
Welton Janus
Bought by
Halualani Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
6.75%

Purchase Details

Closed on
Apr 5, 1997
Sold by
Steller Robert A
Bought by
Welton Janus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
7.96%
Mortgage Type
Credit Line Revolving
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
Cowenhoven Virginia Leslie $1,225,000 Equity Title Los Angeles
Halualani Michael T -- First American Title Company
Tapia Malibu Llc -- None Available
Halaulani Michael T -- None Available
Halualani Michael T -- --
Halualani Michael T $377,000 Progressive Title Company
Welton Janus $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halualani Michael T $225,500
Previous Owner Halualani Michael T $250,000
Previous Owner Halualani Michael T $276,100
Previous Owner Halualani Michael T $100,000
Previous Owner Halualani Michael T $70,000
Previous Owner Halualani Michael T $55,000
Previous Owner Halualani Michael T $301,600
Previous Owner Welton Janus $42,750
Previous Owner Welton Janus $225,000
Previous Owner Welton Janus $35,200
Previous Owner Welton Janus $188,000
Closed Halualani Michael T $37,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $1,225,000 +2.5% $965 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $1,195,000 -- $941 / 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 $19,951 $1,393,835 $1,115,071 $278,764
2024 $19,951 $1,366,506 $1,093,207 $273,299
2023 $19,478 $1,339,713 $1,071,772 $267,941
2022 $18,811 $1,313,445 $1,050,757 $262,688
2021 $18,059 $1,287,692 $1,030,154 $257,538
2019 $17,434 $1,249,500 $999,600 $249,900
2018 $13,290 $925,956 $728,280 $197,676
2016 $8,452 $499,251 $357,559 $141,692
2015 $8,367 $491,753 $352,189 $139,564
2014 $8,293 $482,122 $345,291 $136,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-305474

The MLS

APN: 4469-029-004