NOT LISTED FOR SALE

Estimated Value: $1,498,000 - $1,508,000

54 Acres
$27,833 Price per Acre
2,352,240 Sq Ft Lot

Last Sold April 08, 2016

Last sale price $2,250,000

Est. 33% decrease in value since last sale

Current estimated payment $10,411/month

267 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • 54 Acre Lot
  • Chaparral Elementary School Rated A

About This Lot

As of April 2016

54 Pristine Malibu acres ! Huge meadows with seasonal streams, large ponds, magical rock formations, burn out building pad, water well, path connecting to Backbone Trail. Amazing top of the world views of San Fernando Valley and the Pacific Ocean!

Last Agent to Sell the Property

John Snyder

Compass License #01785277 Listed on: 07/07/2014

Compass

Co-Listed By

Sheryl Snyder

Compass License #01491844

Last Buyer's Agent

John Snyder

Compass License #01785277 Listed on: 07/07/2014

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,839

Lot Details

  • 54

Property Views

  • Ocean
  • City Lights
  • Bluff
  • Canyon
  • Mountain

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Additional Features

  • 54 Acre Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 4453-023-006

Property Details

Property Type

Land

Est. Annual Taxes

$28,839

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 54.0000
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bluff, Canyon, City, City Lights, Mountains, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Telephone: Yes
  • Water: In Street, Well

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4453-023-006
  • Geocode Override: No
  • Lot Size Area: 1826360
  • Staked: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2019
Sold by
Weintraub Liane and The Lcmwca100 Trust
Bought by
Weintraub Liane and The Lcmwca100 Trust
Current Estimated Value
$1,503,000

Purchase Details

Closed on
Feb 12, 2018
Sold by
Werwer One Thousand Llc
Bought by
Weintraub Liane and Lcmwca100 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,340,000
Outstanding Balance
$2,769,481
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$1,279,981

Purchase Details

Listed on
Jul 7, 2014
Closed on
Mar 31, 2016
Sold by
Cobin Steven M and Cobin Susan L
Bought by
Werwer One Thousand Llc
Seller's Agent
John Snyder
Compass
Buyer's Agent
John Snyder
Compass
List Price
$27,000,000
Sold Price
$2,250,000
Premium/Discount to List
-$24,750,000
-91.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.27%
Original Mortgage
$1,750,000
Interest Rate
3.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2004
Sold by
Adams John K
Bought by
Cobin Steven M and Cobin Susan L
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
Weintraub Liane -- Fidelity National Title Co
Weintraub Liane $2,250,000 None Available
Werwer One Thousand Llc $2,250,000 Lawyers Title
Cobin Steven M $1,400,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lcmwca100 Trust $1,500,000
Closed Weintraub Liane $2,000,000
Open Weintraub Liane $3,340,000
Previous Owner Werwer One Thousand Llc $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $2,250,000 -91.7% --
03/31/2015 03/31/15 Pending -- -- --
07/07/2014 07/07/14 For Sale $27,000,000 -- --
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 $28,839 $2,503,221 $2,503,221 --
2024 $28,839 $2,454,139 $2,454,139 --
2023 $27,868 $2,406,019 $2,406,019 $0
2022 $27,016 $2,358,843 $2,358,843 $0
2021 $27,012 $2,312,592 $2,312,592 $0
2019 $26,053 $2,244,000 $2,244,000 $0
2018 $24,637 $2,080,800 $2,080,800 $0
2016 $16,482 $1,371,783 $1,371,783 $0
2015 $16,212 $1,351,178 $1,351,178 $0
2014 $16,030 $1,324,711 $1,324,711 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-775663

The MLS

APN: 4453-023-006