NOT LISTED FOR SALE

11682 Ellice St Malibu, CA 90265

Estimated Value: $4,847,000 - $5,101,000

1.28 Acres
$3,885,938 Price per Acre
55,757 Sq Ft Lot

Last Sold April 14, 2015

Last sale price $6,000,000

Est. 25% decrease in value since last sale

Current estimated payment $29,953/month

28 Days on Market

Highlights

  • Ocean Front
  • Horses Allowed On Property
  • Level Lot
  • Adolfo Camarillo High School Rated A-

About This Lot

As of April 2015

A 1.28-acre oceanfront, blufftop lot 90ft above sea level w/ 210ft of oceanfront. MariSol's lot 11 is located in MariSol, Malibu's only resort-style community. Homesites are landscaped & include gated entries, stone privacy walls, drainage, sprinklers, utilities, & access rights to the botanical garden. MariSol's lots enjoy a special exemption from coastal development permits, enabling the owner to build his/her home free from uncertainty, restrictions & delays that can otherwise result from Coastal Commission involvement. In addition, MariSol offers a home building program to assist the buyer through the building process, from design to permitting & through construction. Only 2 of 13 1-acre lots remain ranging from $5M to $7M. Only three, 2-acre lots remain from $6.9M to 10.9M. One modern, Doug Burdge designed, 13K sq.ft., modern masterpiece under construction and coming soon.

Last Agent to Sell the Property

Rodrigo Iglesias

Hilton & Hyland License #00994039 Listed on: 01/30/2015

Hilton & Hyland

Co-Listed By

helenadeeds Deeds

Sotheby's International Realty License #01891088

Last Buyer's Agent

John Snyder

Compass License #01785277

Compass

Property Details

Property Type

  • Land

Lot Details

  • 1.28 Acre Lot
  • Ocean Front
  • Level Lot

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bluff
  • Hills

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 700-0-270-075

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.2800
  • Builders Tract Name: Marisol Malibu
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt, Sidewalk
  • View: Bluff, Catalina, Coastline, Hills, Ocean, Panoramic, White Water
  • View: Yes
  • Waterfront: Ocean

Utilities

  • Cable: Yes
  • Electric: On Site
  • Gas: Propane
  • Sewer: Septic Tank
  • Telephone Service: On Property
  • Telephone: Yes
  • Water: District

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 700-0-270-075
  • Geocode Override: No
  • Lot Size Area: 54937
  • Site Decription: Beach
  • Staked: Yes
  • Topography: Flat

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 26, 2015
Sold by
Crown Pointe Estate At Malibu Llc
Bought by
Weinholtz Donna G
Seller's Agent
Rodrigo Iglesias
Hilton & Hyland
Buyer's Agent
John Snyder
Compass
List Price
$7,000,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,000,000
-14.29%
Current Estimated Value
$4,482,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,517,500
Avg. Annual Appreciation
-1.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Weinholtz Donna G $6,000,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $6,000,000 -14.3% --
02/27/2015 02/27/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $7,000,000 -- --
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 $78,168 $7,402,598 $7,211,098 $191,500
2024 $78,168 $7,261,204 $7,069,704 $191,500
2023 $80,052 $7,122,583 $6,931,083 $191,500
2022 $76,267 $6,986,680 $6,795,180 $191,500
2021 $72,919 $6,661,942 $6,661,942 $0
2020 $73,701 $6,593,633 $6,593,633 $0
2019 $71,448 $6,464,347 $6,464,347 $0
2018 $70,395 $6,337,596 $6,337,596 $0
2017 $68,164 $6,213,330 $6,213,330 $0
2016 $66,151 $6,091,500 $6,091,500 $0
2015 $15,011 $1,366,519 $1,366,519 $0
2014 $14,557 $1,339,751 $1,339,751 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-825667

The MLS

APN: 700-0-270-075