NOT LISTED FOR SALE

11755 Ellice St Malibu, CA 90265

Estimated Value: $2,324,000 - $20,032,944

2.37 Acres
$4,716,655 Price per Acre
103,237 Sq Ft Lot

Last Sold January 05, 2018

Last sale price $8,500,000

Est. 32% increase in value since last sale

Current estimated payment $71,761/month

327 Days on Market

About This Lot

As of January 2018

Ready to build lot w/ unbelievable whitewater & island views. Build from scratch up to 20,000 sq.ft. or available for use is a concept by world-renowned architect Doug Burdge. The colossal estate features an upper whale-watching pad w/ pool & cabana elevated 70ft above the main pad, which includes tennis court, bocce ball court, spacious lawn area & access to two acres of trails through a native botanical garden. The pool courtyard provides California outdoor living at its best where you will find a warm outdoor firepit, outdoor bar & BBQ, pizza oven & comfortable sitting areas to relax. This dramatic 5 bed, 6.5 bath, 9,055 sq.ft. main home w/ movie theater, office & gym, can alternatively be upgraded to larger sq.ft. MariSol's Homebuilding Program can assist with every development aspect resulting in the savings of time and money. Across the street from $15M+ and $20M sales.

Last Agent to Sell the Property

Scott Morris

Marisol Malibu Realty Listed on: 11/22/2016

Co-Listed By

Patrick Boyle

Marisol Malibu Realty License #00548836

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $157,622

Lot Details

  • 2.37 Acre Lot
  • Level Lot
  • Property is zoned Coastal Rural (CRE-2)

Property Views

  • White Water Ocean
  • Catalina
  • Mountain

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 700-0-260-190

Property Details

Property Type

Land

Est. Annual Taxes

$157,622

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Cleared: Yes
  • Lot Acreage: 2.3700
  • Probate: No
  • Builders Tract Name: MariSol Malibu
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence Condition: Stone Walls
  • Fenced: Yes
  • View: Catalina, Mountains, Ocean, White Water
  • View: Yes

Utilities

  • Water District: Yerba Buena Water Co.
  • Cable: Yes
  • Electric: On Site
  • Telephone Service: On Property
  • Telephone: Yes
  • Water: Meter on Property, Water District

Condo/Co-op/Association

  • HOA Fees: 528.00

Lot Info

  • Assessor Parcel Number: 700-0-260-190
  • Geocode Override: Yes
  • Improvements: Stone Driveway, Automatic Gate, Graded, Stone Walls, Landscaped, All Utilities
  • Lot Description: Lot-Level/Flat
  • Lot Size Area: 103218
  • Site Decription: Hilltop
  • Staked: Yes
  • Topography: Flat,Pad
  • Tract Lot: Final
  • Trees: Mature Landscaping
  • Units Per Acre: 0-1 Unit/Acre

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2016
Closed on
Dec 19, 2017
Sold by
Crown Pointe Estate At Malibu Llc
Bought by
Maas Terry L and Maas Beth
Seller's Agent
Scott Morris
Marisol Malibu Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$10,900,000
Sold Price
$8,500,000
Premium/Discount to List
-$2,400,000
-22.02%
Current Estimated Value
$11,178,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,678,472
Avg. Annual Appreciation
3.58%
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
Maas Terry L $8,500,000 Chicago Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $8,500,000 -22.0% --
10/15/2017 10/15/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $10,900,000 -- --
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 $157,622 $15,027,305 $9,671,550 $5,355,755
2024 $157,622 $14,641,566 $9,481,911 $5,159,655
2023 $161,336 $14,354,477 $9,295,991 $5,058,486
2022 $145,430 $13,322,034 $9,113,718 $4,208,316
2021 $142,970 $13,060,818 $8,935,018 $4,125,800
2020 $98,862 $8,843,400 $8,843,400 $0
2019 $95,826 $8,670,000 $8,670,000 $0
2018 $13,345 $1,201,043 $1,201,043 $0
2017 $12,922 $1,177,494 $1,177,494 $0
2016 $12,541 $1,154,406 $1,154,406 $0
2015 $12,492 $1,137,067 $1,137,067 $0
2014 $12,115 $1,114,795 $1,114,795 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-182206

The MLS

APN: 700-0-260-190