NOT LISTED FOR SALE

1932 Newell Rd Malibu, CA 90265

El Nido Neighborhood

Estimated Value: $403,970 - $1,492,000

1.39 Acres
$608,295 Price per Acre
60,653 Sq Ft Lot

Last Sold June 07, 2023

Last sale price $250,000 $98 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $4,728/month

19 Days on Market

Highlights

  • Horses Allowed On Property
  • Panoramic View
  • 1.39 Acre Lot
  • Webster Elementary School Rated A

About This Lot

As of June 2023

Fully permitted with permits already pulled (LA County permit# UNC-BLDR 210205001072) One of the last Woolsey Fire burn-out lots available in Malibu! Skip the years of hard work in obtaining approvals and permits. Seller has done the hard work, all you have to do is build this 3349 Sqft Home on 1.5 acres overlooking the most unspoiled and breathtaking canyon and mountain views in Malibu. This state-of-the-art new home with an 576 SqFt attached garage has all the modern amenities and will be an entertainers' dream with walls of glass and open entertaining decks to take in the magnificent Malibu panoramas. Approved Septic System already on site in the ground. Located in the Malibu Bowl neighborhood situated minutes from Pacific Coast Hwy and the sandy beaches at Corral and Latigo Shore. this is the best-priced burnout in all of Malibu and it has permits already in hand! Hurry, it won't last.

Last Agent to Sell the Property

Brian Merrick

Coldwell Banker Realty License #01204107 Listed on: 05/11/2023

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Property Type

  • Land

Lot Details

  • 1.39 Acre Lot
  • Property is zoned LCR17500*

Property Views

  • Panoramic
  • Woods
  • Canyon
  • Pasture
  • Mountain
  • Park or Greenbelt

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 4457-012-010

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 1.3924
  • Probate: No
  • Survey: Survey Done
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt
  • Street Lights: No
  • View: Pasture, Trees/Woods, Mountains, Panoramic, Green Belt, Canyon
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: Propane
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4457-012-010
  • Lot Size Area: 60652
  • Site Decription: Canyon

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
May 31, 2023
Sold by
Cox 2009 Trust
Bought by
Morra Family Trust
Seller's Agent
Brian Merrick
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$399,000
Sold Price
$250,000
Premium/Discount to List
-$149,000
-37.34%
Views
101
Current Estimated Value
$846,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,990
Avg. Annual Appreciation
58.76%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Cox Paul Andrew
Bought by
Cox 2009 Trust

Purchase Details

Listed on
May 1, 2013
Closed on
Aug 2, 2013
Sold by
Pierson Ed
Bought by
Cox Paul Andrew and Cox Stacie Renee
Seller's Agent
Tom Clements
Sotheby's International Realty
Buyer's Agent
Jill Reeder
Compass
List Price
$1,295,000
Sold Price
$1,239,000
Premium/Discount to List
-$56,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.03%

Purchase Details

Closed on
May 3, 1999
Sold by
Crommie Brian
Bought by
Crommie Brian and Crommie Tracy
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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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
Morra Family Trust $250,000 Chicago Title
Cox 2009 Trust -- None Available
Cox Paul Andrew $1,239,000 Fidelity National Title Co
Crommie Brian -- --
Crommie Brian -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2023 06/07/23 Sold $250,000 -37.3% $98 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $399,000 -67.8% $156 / Sq Ft
09/17/2013 09/17/13 Sold $1,239,000 -4.3% $484 / Sq Ft View Prior Sale
08/23/2013 08/23/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $1,295,000 -- $506 / Sq Ft
Source: The MLS

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 $3,853 $260,100 $254,898 $5,202
2024 $3,853 $255,000 $249,900 $5,100
2023 $11,207 $919,973 $919,864 $109
2022 $11,085 $901,935 $901,828 $107
2021 $17,606 $884,251 $884,146 $105
2019 $17,345 $858,025 $857,923 $102
2018 $22,527 $1,334,857 $841,101 $493,756
2016 $15,173 $1,283,025 $808,441 $474,584
2015 $14,967 $1,263,754 $796,298 $467,456
2014 $14,780 $1,239,000 $780,700 $458,300
Source: Public Records

Agents Affiliated with this Home

  • Brian Merrick

    Seller's Agent in 2023

    Brian Merrick

    Coldwell Banker Realty

    (310) 383-4336

    2 in this area

    31 Total Sales

    Brian Merrick
    Section Image

  • S

    Buyer's Agent in 2023

    Subscriber Non

    Non-Participant Office

  • T

    Seller's Agent in 2013

    Tom Clements

    Sotheby's International Realty

    Section Image
  • Jill Reeder

    Buyer's Agent in 2013

    Jill Reeder

    Compass

    (310) 924-9311

    23 Total Sales

    Jill Reeder
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-269361

The MLS

APN: 4457-012-010

California Los Angeles County Malibu 90265 El Nido

1932 Newell Rd, Malibu, CA

Not Listed for Sale

Lots

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