NOT LISTED FOR SALE

Estimated Value: $284,000 - $850,000

0.16 Acre
$3,262,881 Price per Acre
6,773 Sq Ft Lot

Last Sold August 27, 2020

Last sale price $180,000 $100 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $2,950/month

17 Days on Market

About This Lot

As of August 2020

Don't miss this amazing opportunity to purchase a 2007 burnout lot! Located in Corral Canyon, one of the best canyon roads with very little through traffic. The lot is approximately 0.16 acres and features breathtaking mountain views of the famous Malibu Bowl. The previously developed property has a flat pad, existing septic tank, driveway, and remnants of the original foundation. There are incredible hiking trails moments away, while some of Malibu's best beaches, recreational parks, and markets are easily within reach.

Last Agent to Sell the Property

Tony Mark

Compass License #01205648 Listed on: 07/20/2020

Compass

Co-Listed By

Patricia Palafox Escalante

Compass License #02074352

Compass

Last Buyer's Agent

Patricia Palafox Escalante

Compass License #02074352

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,956

Lot Details

  • 6,773 Sq Ft Lot
  • Property is zoned LCR17500*

Property Views

  • Canyon Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4457-009-044

Property Details

Property Type

Land

Est. Annual Taxes

$2,956

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1555
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4457-009-044
  • Lot Size Area: 6773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 20, 2020
Sold by
Marchini Richard
Bought by
Jia Yong and Zhang Xia Ying
Seller's Agent
Tony Mark
Compass
Buyer's Agent
Patricia Palafox Escalante
Compass
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Current Estimated Value
$507,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,378
Avg. Annual Appreciation
21.63%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Canton Ross
Bought by
Marchini Richard

Purchase Details

Closed on
Mar 11, 2005
Sold by
Canton Ross
Bought by
Canton Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Cain Lillian
Bought by
Canton Ross

Purchase Details

Closed on
May 17, 1999
Sold by
Curtis Md Thomas Allan
Bought by
Cain Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.25%

Purchase Details

Closed on
Feb 12, 1996
Sold by
Reich Herbert and Reich Eleanor S
Bought by
Curtis Md Thomas Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.04%
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
Jia Yong $180,000 First Amer Ttl Co Glendale
Marchini Richard -- First American Title Company
Marchini Richard $200,000 Fidelity National Title Co
Canton Ross -- Fidelity National Title Co
Canton Ross -- --
Cain Lillian $300,000 Stewart Title Company
Curtis Md Thomas Allan $260,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Canton Ross $100,000
Previous Owner Canton Ross $500,000
Previous Owner Cain Lillian $50,000
Previous Owner Cain Lillian $251,000
Previous Owner Cain Lillian $240,000
Previous Owner Curtis Md Thomas Allan $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $180,000 -5.3% $100 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $190,000 -- $106 / Sq Ft
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 $2,956 $194,837 $194,837 --
2024 $2,956 $191,017 $191,017 --
2023 $2,869 $187,272 $187,272 $0
2022 $2,816 $183,600 $183,600 $0
2021 $2,728 $180,000 $180,000 $0
2020 $3,244 $224,176 $224,176 $0
2019 $3,186 $219,781 $219,781 $0
2018 $3,019 $215,472 $215,472 $0
2016 $2,936 $207,106 $207,106 $0
2015 $2,896 $203,996 $203,996 $0
2014 $3,531 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-605324

The MLS

APN: 4457-009-044