NOT LISTED FOR SALE

Estimated Value: $1,826,000 - $2,870,277

2.92 Acres
$785,313 Price per Acre
127,064 Sq Ft Lot

Last Sold August 31, 2017

Last sale price $695,000

Est. 243% increase in value since last sale

Current estimated payment $14,115/month

344 Days on Market

Highlights

  • Ocean View
  • Webster Elementary School Rated A
  • 2.92 Acre Lot

About This Lot

As of August 2017

Ready To Build! First Lot approved with new LA County Local Coastal Plan! Spectacular Ocean and City Lights view from this 3.17 acres lot on the edge of Malibu and Topanga. Owner spent past three years and over $300,000 obtaining Planning, Building and Safety Approvals for a Modern Bruce Bolander AIA Designed Custom 3016 sqf home plus 400 sq.ft garage - see mls photos for renderings and floor plans of home. There is not another lot available you can start building at close of escrow . Buy now and be living on this amazing property in less than a year. Also included in price - new approved water well, complete architectural plans , all reports and studies with percolation , geology , soils , fuel modification , landscaping and more.

Last Agent to Sell the Property

Bill Moss

Coldwell Banker Realty License #00860010 Listed on: 09/19/2016

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,418

Lot Details

  • 2.92 Acre Lot
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights
  • Mountain

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4448-023-011

Property Details

Property Type

Land

Est. Annual Taxes

$13,418

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 2.9170
  • Lot Dimensions: A2.9171
  • Probate: No
  • Survey: Survey Done
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: Catalina, City Lights, Coastline, Mountains, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: Bottled
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: On Site, Well

Lot Info

  • Assessor Parcel Number: 4448-023-011
  • Geocode Override: No
  • Lot Size Area: 127069
  • Site Decription: Hilltop
  • Topography: Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Satila America Corporation
Bought by
Satila Topanga Llc
Current Estimated Value
$2,385,311

Purchase Details

Listed on
Sep 19, 2016
Closed on
Aug 28, 2017
Sold by
Mouzaya Youssef A
Bought by
Satila America Corporation
Seller's Agent
Bill Moss
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$749,000
Sold Price
$695,000
Premium/Discount to List
-$54,000
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%

Purchase Details

Closed on
Sep 22, 2016
Sold by
Mouzaya Charisse
Bought by
Mouzaya Youssef A and Mouzaya Charisse M

Purchase Details

Closed on
Oct 15, 2012
Sold by
Bank Of America Na
Bought by
Mouzaya Charisse and Mouzaya Youssef

Purchase Details

Closed on
Jul 9, 2012
Sold by
Turobiner Steven M
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 21, 2005
Sold by
Urick Henry and Clements Linda
Bought by
Turobiner Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 23, 2002
Sold by
Franklin Md Jerome H and Franklin Helen Frances
Bought by
Urick Henry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.94%
Mortgage Type
Seller Take Back
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
Satila Topanga Llc -- Accommodation
Satila America Corporation $695,000 Fidelity National Title Co
Mouzaya Youssef A -- None Available
Mouzaya Charisse $299,000 Landsafe Title Simi Valley
Bank Of America Na $307,500 Landsafe Title
Turobiner Steven $550,000 First American Title
Urick Henry G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turobiner Steven M $426,537
Previous Owner Turobiner Steven $412,500
Previous Owner Urick Henry G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $695,000 -7.2% --
08/29/2017 08/29/17 Pending -- -- --
09/19/2016 09/19/16 For Sale $749,000 -- --
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 $13,418 $1,122,084 $775,284 $346,800
2024 $13,418 $1,100,083 $760,083 $340,000
2023 $9,449 $760,083 $760,083 $0
2022 $9,285 $745,180 $745,180 $0
2021 $9,079 $730,569 $730,569 $0
2019 $8,889 $708,900 $708,900 $0
2018 $8,495 $695,000 $695,000 $0
2016 $4,155 $311,029 $311,029 $0
2015 $4,098 $306,358 $306,358 $0
2014 $4,099 $300,357 $300,357 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-163942

The MLS

APN: 4448-023-011