NOT LISTED FOR SALE

2245 McReynolds Latigo Rd Malibu, CA 90265

Latigo Canyon Neighborhood

Estimated Value: $575,855

4.19 Acres
$137,397 Price per Acre
182,567 Sq Ft Lot

Last Sold July 17, 2015

Last sale price $417,500

Est. 38% increase in value since last sale

Current estimated payment $3,675/month

824 Days on Market

Highlights

  • Ocean View
  • Webster Elementary School Rated A
  • 182,567 Sq Ft lot

About This Lot

As of July 2015

MASSIVE PRICE REDUCTION on this AMAZING MALIBU DREAM HOME SITE. Owner says: "SELL IT!: This 4+ acre parcel comes with all the work done and ACTIVE Coastal Commission Permit for a 6,200 SF 2 story masterpiece done by renowned architect Max Mohebi. Price includes all plans, reports and of course the active permit. Big ocean views of Catalina and St. Nicholas Island from this hilltop graded site. Magnificent oaks and a seasonal stream frame the impressive entrance to this one of a kind estate setting. BUYER FAILED TO PERFORM; hence the reinstatement as ACTIVE. His loss, with an ACTIVE CDP this is a real steal!!

Last Agent to Sell the Property

Bruce Kent

Real Estate Malibu Partners License #01299413 Listed on: 04/14/2013

Last Buyer's Agent

Bill Moss

Coldwell Banker Realty License #00860010

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,264

Lot Details

  • 4.19

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • 4.19 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 4465-006-045

Property Details

Property Type

Land

Est. Annual Taxes

$6,264

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Survey: Survey Done
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: Bottled
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: Well

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4465-006-045
  • Geocode Override: No
  • Lot Size Area: 182567
  • Site Decription: Hilltop, Rural, Varied
  • Staked: Yes
  • Topography: Pad,Varied
  • Tract Lot: Final

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2015
Sold by
Mcdonald Robert G
Bought by
Hickey Jason
Current Estimated Value
$575,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,250
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2004
Sold by
Weigert Marc
Bought by
Mcdonald Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
8.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 31, 2000
Sold by
Trust Burrett, Michael E Co Tr Burrett Fa
Bought by
Weigert Marc and Weigert Stacey

Purchase Details

Closed on
Feb 16, 2000
Sold by
Burrett Michael E
Bought by
Burrett Michael E and Burrett Marianna

Purchase Details

Closed on
May 18, 1999
Sold by
Burrett Michael E
Bought by
Burrett Michael E and Burrett Marianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.92%

Purchase Details

Closed on
Aug 13, 1997
Sold by
Burrett Michael E
Bought by
Burrett Michael E and Burrett Marianna

Purchase Details

Closed on
Jan 4, 1996
Sold by
Whaling Robert A
Bought by
Burrett Michael E and Burrett Marianna

Purchase Details

Closed on
Dec 23, 1994
Sold by
Burrett Michael E
Bought by
Whaling Robert A

Purchase Details

Closed on
Jul 21, 1994
Sold by
Werring Sally
Bought by
Burrett Michael E and Burrett Marianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.38%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hickey Jason $417,500 Progressive Title Company
Mcdonald Robert G $295,000 First American Title Company
Weigert Marc $120,000 Equity Title Company
Burrett Michael E -- Investors Title Company
Burrett Michael E -- Investors Title Company
Burrett Michael E -- --
Burrett Michael E -- --
Whaling Robert A -- --
Burrett Michael E $50,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hickey Jason $292,250
Previous Owner Mcdonald Robert G $250,750
Previous Owner Burrett Michael E $452,000
Previous Owner Burrett Michael E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $417,500 -40.3% --
07/17/2015 07/17/15 Pending -- -- --
04/14/2013 04/14/13 For Sale $699,000 -- --
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 $6,264 $494,231 $494,231 --
2024 $6,264 $484,541 $484,541 --
2023 $6,110 $475,041 $475,041 $0
2022 $6,022 $465,727 $465,727 $0
2021 $5,860 $456,596 $456,596 $0
2019 $5,739 $443,054 $443,054 $0
2018 $5,499 $434,367 $434,367 $0
2016 $5,304 $417,500 $417,500 $0
2015 $4,448 $342,142 $342,142 $0
2014 -- $335,440 $335,440 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bruce Kent

    Real Estate Malibu Partners

    Section Image

  • B

    Buyer's Agent in 2015

    Bill Moss

    Coldwell Banker Realty

    (310) 457-6550

    13 in this area

    91 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 13-665197

The MLS

APN: 4465-006-045

California Los Angeles County Malibu 90265 Latigo Canyon

2245 McReynolds Latigo Rd, Malibu, CA

This home is located at 2245 McReynolds Latigo Rd, Malibu, CA 90265 since 14 April 2013 and is currently estimated at $575,855. 2245 McReynolds Latigo Rd is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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