$435,000
SOLD MAY 2, 2014
0.28 Acre
$1,553,571 Price per Acre
12,197 Sq Ft Lot

Recently Sold

49% Below List Price

665 Days on Market

About This Lot

As of September 2022

Spectacular Ocean, Whitewater, Coastline Views! Property is located within a few hundred feet of La Costa Beach. Malibu -La Costa lot with expired Planning Approval for a 3240 Mike Barsocchini Modern Home. All reports, studies, water meter- geology/geotechnical, survey, topographical, plans, available for review. Unobstructed 180 degree ocean views! Includes paid La Costa Beach and Tennis Club Rights! Old foundation from 1993 fire still on property. See additional photos for aerial/directional maps to property. Tremendous Value and Opportunity to own one of the last Lots in Malibu this close to the ocean!

Last Agent to Sell the Property

Bill Moss

Coldwell Banker Realty License #00860010 Listed on: 07/02/2012

Coldwell Banker Realty

Last Buyer's Agent

Florence Silver

Coldwell Banker Realty License #01070656

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,928

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 88x122
  • Lot Sloped Down
  • Property is zoned LCR110000

Property Views

  • White Water Ocean
  • Mountain

Utilities

  • Septic Tank
  • Sewer in Street
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 4451-023-037

Property Details

Property Type

Land

Est. Annual Taxes

$18,928

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 0.2800
  • Lot Dimensions: 88X122
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: Mountains, White Water
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street, Paid
  • Sewer: In Street, Septic Tank
  • Telephone: Yes
  • Water: In Street, On Site, Paid

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4451-023-037
  • Lot Size Area: 12309
  • Site Decription: Hillside
  • Topography: Downhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Perrin Richard K
Bought by
Paseo Portola Llc
Current Estimated Value
$1,626,458

Purchase Details

Listed on
Jul 2, 2012
Closed on
Apr 25, 2014
Sold by
Macpherson Janet L and The Janet L Macpherson Trust O
Bought by
Perrin Richard K
Seller's Agent
Bill Moss
Coldwell Banker Realty
Buyer's Agent
Florence Silver
Coldwell Banker Realty
List Price
$849,000
Sold Price
$435,000
Premium/Discount to List
-$414,000
-48.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Fulginiti Lilyan E
Bought by
Perrin Richard K

Purchase Details

Closed on
Aug 27, 2004
Sold by
Macpherson Janet L
Bought by
Macpherson Janet L and The Janet L Mac Pherson Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grant Deed $1,544,000 Equity Title
Grant Deed $435,000 None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,640,000 Construction
Previous Owner $1,050,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $1,600,000 -15.7% --
07/22/2022 07/22/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $1,899,000 +336.6% --
05/02/2014 05/02/14 Sold $435,000 -48.8% --
04/28/2014 04/28/14 Pending -- -- --
07/02/2012 07/02/12 For Sale $849,000 -- --
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
2024 $18,928 $1,574,880 $1,574,880 --
2023 $18,587 $1,544,000 $1,544,000 $0
2022 $6,682 $502,491 $502,491 $0
2021 $6,519 $492,639 $492,639 $0
2019 $6,388 $478,028 $478,028 $0
2018 $7,417 $468,655 $468,655 $0
2016 $5,835 $450,457 $450,457 $0
2015 $5,758 $443,691 $443,691 $0
2014 -- $157,104 $156,981 $123
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 12-610273

The MLS

APN: 4451-023-037