$475,000
SOLD APR 18, 2025

21003 Pacific Coast Hwy Malibu, CA 90265

0.34 Acre
$1,381,215 Price per Acre
14,980 Sq Ft Lot

Recently Sold

$297 Per Sq Ft

44% Below List Price

61 Days on Market

About This Lot

As of April 2025

Palisades Fire burn-out lot. Panoramic ocean views. Close to Dukes restaurant. Phase 1 complete. Everyone must sign the attached General Waiver and Release of Liability Form Form before visiting the property.

Last Agent to Sell the Property

Brian Goldberg

Pinnacle Estate Properties License #01900604 Listed on: 02/10/2025

Last Buyer's Agent

Roshawn Helmandi

HG Realty License #02073945

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,181

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 97x155
  • Property is zoned LCR115000*

Property Views

  • Views of Woods

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4450-024-038

Property Details

Property Type

Land

Est. Annual Taxes

$10,181

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.3439
  • Lot Dimensions: 97x155
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: Trees/Woods
  • View: Yes

Utilities

  • Cable: Yes
  • Sewer: Septic Tank
  • Telephone: Yes
  • Water: Public

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4450-024-038
  • Land Value: 1000000.00
  • Lot Size Area: 14980

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2009
Sold by
Wilcox Dean
Bought by
Wilcox Dean and Wilcox Joy Marrs
Current Estimated Value
$933,856

Purchase Details

Closed on
Oct 5, 2006
Sold by
Miracle Michelle
Bought by
Wilcox Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$60,283
Interest Rate
6.46%
Mortgage Type
Seller Take Back
Estimated Equity
$873,573

Purchase Details

Closed on
Oct 19, 2004
Sold by
Wilcox Dean E
Bought by
Wilcox Dean E and Wilcox Michelle Miracle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$125,284
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
$808,572

Purchase Details

Closed on
Jul 26, 2004
Sold by
Miracle Michelle
Bought by
Wilcox Dean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$180,892
Interest Rate
3.1%
Mortgage Type
Negative Amortization
Estimated Equity
$752,964

Purchase Details

Closed on
Jul 8, 2002
Sold by
Hammad Mohammed
Bought by
Wilcox Dean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 23, 1996
Sold by
Erb Steve
Bought by
Hammad Mohamed and Hammad Reem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.11%

Purchase Details

Closed on
Nov 10, 1993
Sold by
Erb Steve
Bought by
Erb Steve and Erb Susan
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Company Of Calif
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $562,500 Commonwealth Land Title Ins
Grant Deed $270,000 First American Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Seller Take Back
Open $250,000 Credit Line Revolving
Open $450,000 Negative Amortization
Closed $450,000 No Value Available
Previous Owner $375,000 Unknown
Previous Owner $216,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $475,000 -44.1% $297 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $850,000 0.0% $531 / Sq Ft
06/27/2014 06/27/14 Rented $4,200 0.0% --
06/27/2014 06/27/14 Under Contract -- -- --
06/13/2014 06/13/14 For Rent $4,200 +7.0% --
06/01/2012 06/01/12 Rented $3,925 0.0% --
06/01/2012 06/01/12 Under Contract -- -- --
03/21/2012 03/21/12 For Rent $3,925 -- --
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 $10,181 $423,633 $423,633 --
2024 $10,181 $798,695 $638,963 $159,732
2023 $9,952 $783,035 $626,435 $156,600
2022 $9,775 $767,682 $614,152 $153,530
2021 $9,532 $752,630 $602,110 $150,520
2019 $9,341 $730,308 $584,252 $146,056
2018 $8,876 $715,990 $572,797 $143,193
2016 $8,541 $688,189 $550,555 $137,634
2015 $8,427 $677,853 $542,286 $135,567
2014 $8,322 $664,576 $531,664 $132,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25496629

The MLS

APN: 4450-024-038