NOT LISTED FOR SALE

Estimated Value: $8,765,000 - $18,101,096

4 Beds
3 Baths
3,295 Sq Ft
$4,077/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $18,275,000 $5,546 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $91,648/month

72 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Gated with Attendant
  • Webster Elementary School Rated A
  • Attached Guest House
  • In Ground Pool

About This Home

As of July 2020

Set on 60 feet of pristine Malibu Colony beach frontage, this classic Colony beach house is only one of eight oceanfront properties to have a pool in this exclusive guard-gated community. The expansive deck space offers endless ocean views up and down Colony Beach. An inviting large grassy courtyard leads to a 2-story guesthouse and a lagoon style pool/spa surrounded by lush foliage. The warm and welcoming formal living room has a lovely view of the Pacific Ocean. Main house includes two spacious guest bedrooms and a master suite facing the ocean. Easy access to the best shopping and restaurants Malibu has to offer. ONLY COLONY BEACHFRONT HOME CURRENTLY AVAILABLE inside the gates. Buyer to verify and satisfy self to all permits and square footage.

Last Agent to Sell the Property

Rick Hilton

Hilton Hilton License #00904327 Listed on: 04/08/2020

Co-Listed By

Chad Rogers

Hilton & Hyland License #01204144

Last Buyer's Agent

David Findley

The Agency License #00641180

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $222,964

Year Built

  • Built in 1928

Lot Details

  • 0.29 Acre Lot
  • Beach Front
  • Property is zoned LCR16000*

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,295 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Additional Homes

  • Attached Guest House

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 4458-004-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$222,964

Year Built

Built in 1928

Lot Details

0

HOA Fees

$441 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: Malibu Colony
  • Living Area: 3295
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 6525.04

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Attached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Assigned, Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated Community with Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 441.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4458-004-044
  • Geocode Override: No
  • Lot Location: Beach Front, Ocean Front
  • Lot Size Area: 12612

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Jul 3, 2020
Sold by
Bell William James and Marital Trust
Bought by
Roach Dennis A and 70 Malibu Colony Road Trust
Seller's Agent
Rick Hilton
Hilton Hilton
Buyer's Agent
David Findley
The Agency
List Price
$21,500,000
Sold Price
$18,275,000
Premium/Discount to List
-$3,225,000
-15%
Current Estimated Value
$13,433,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,841,952
Avg. Annual Appreciation
-5.77%

Purchase Details

Closed on
Dec 9, 2008
Sold by
Bell William James and William J Bell Trust
Bought by
Bell William James and William J Bell Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roach Dennis A $18,275,000 Chicago Title Company
Bell William James -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $18,275,000 -15.0% $5,546 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $21,500,000 -- $6,525 / 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 $222,964 $19,781,446 $18,401,346 $1,380,100
2024 $222,964 $19,393,576 $18,040,536 $1,353,040
2023 $218,871 $19,013,310 $17,686,800 $1,326,510
2022 $216,346 $18,640,500 $17,340,000 $1,300,500
2021 $211,415 $18,275,000 $17,000,000 $1,275,000
2020 $88,373 $7,550,097 $7,378,523 $171,574
2019 $87,154 $7,402,057 $7,233,847 $168,210
2018 $82,825 $7,256,919 $7,092,007 $164,912
2016 $79,883 $6,975,126 $6,816,617 $158,509
2015 $78,814 $6,870,355 $6,714,226 $156,129
2014 $77,596 $6,735,775 $6,582,704 $153,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-569794

The MLS

APN: 4458-004-044