NOT LISTED FOR SALE

29162 Upper Ramirez Motor Way Malibu, CA 90265

Santa Monica Mountains Neighborhood

Estimated Value: $393,600

10.77 Acres
$36,554 Price per Acre
469,041 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $410,000

Est. 4% decrease in value since last sale

Current estimated payment $2,610/month

192 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • Hilltop Location
  • Webster Elementary School Rated A
  • 10.77 Acre Lot
  • Rectangular Lot

About This Lot

As of May 2023

Back on Market, buyer changed direction, here is your opportunity if you are seeking ocean views, easy access to PCH, Mulholland & Augora Hills. Ideal for a Developer or an Owner user who would like to build or live on this fantastic parcel of land. It falls under LA County Building Dept. jurisdiction & is outside of coastal hence easier for approvals. Water is available nearby, as well as city DPW also provided the difficult to obtain letter approving digging a well. Neighboring lot found water at 400 feet debt. There is a recorded Certificate of Compliance with LA County. Not only is it private, it is gated, perfect for a family compound or just being hidden, but close to fine dining and the beach. An ideal location for an artist or a writer who wants privacy and at the same time be close to civilization. The land is on a designated scenic route west of backbone trail off Latigo Cyn.

Last Agent to Sell the Property

Endre Barath

Berkshire Hathaway HomeServices California Properties License #01238708 Listed on: 09/04/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Courtney Van Cott

Compass License #01971705

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,632

Lot Details

  • 10.77 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Rectangular Lot
  • Hilltop Location
  • Property is zoned LCA11Y

Property Views

  • Ocean
  • Panoramic
  • Park or Greenbelt

Outdoor Features

  • Horse Property

Utilities

  • Property is located within a water district
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4465-001-013

Property Details

Property Type

Land

Est. Annual Taxes

$5,632

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Back on Market, buyer changed direction, here is your opportunity if you are seeking ocean views, easy access to PCH, Mulholland & Augora Hills. Ideal for a Developer or an Owner user who would like to build or live on this fantastic parcel of land. It falls under LA County Building Dept. jurisdiction & is outside of coastal hence easier for approvals. Water is available nearby, as well as city DPW also provided the difficult to obtain letter approving digging a well. Neighboring lot found water at 400 feet debt. There is a recorded Certificate of Compliance with LA County. Not only is it private, it is gated, perfect for a family compound or just being hidden, but close to fine dining and the beach. An ideal location for an artist or a writer who wants privacy and at the same time be close to civilization. The land is on a designated scenic route west of backbone trail off Latigo Cyn.
  • Lot Acreage: 10.7677
  • Probate: No
  • Survey: Buyer Pays
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: No
  • Street Description: Private, Dirt/Gravel
  • Street Lights: No
  • View: Green Belt, Panoramic, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Gas: Bottled, Propane
  • Sewer: Septic Tank
  • Telephone: No
  • Water: District, Fire Hydrant, Water District

Lot Info

  • Special Zoning: Property Report
  • Horses: Yes
  • Assessor Parcel Number: 4465-001-013
  • Current Geological: No
  • Lot Description: Horse Property, Lot Shape-Rectangular, Raw Land
  • Lot Location: Hilltop, Private Road, Varied, Canyon, Rural
  • Lot Size Area: 469043
  • Site Decription: Canyon, Hillside, Hilltop, Varied
  • Staked: No
  • Topography: Downhill,Pad,Uphill,Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
Mar 16, 2023
Sold by
Sauber Denice
Bought by
Morikone Margeen Fumiko and Morikone Atsuko Heather
Seller's Agent
Endre Barath
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Courtney Van Cott
Compass
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Views
247
Current Estimated Value
$393,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,400
Avg. Annual Appreciation
-1.34%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Obrien Russell H
Bought by
Sauber Denice

Purchase Details

Closed on
Aug 15, 2001
Sold by
Obrien Russell H
Bought by
Obrien Russell H
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
Morikone Margeen Fumiko $420,000 First American Title
Sauber Denice -- --
Obrien Russell H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $410,000 -8.9% --
03/15/2023 03/15/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $450,000 0.0% --
12/08/2022 12/08/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $450,000 -- --
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 $5,632 $426,564 $426,564 --
2024 $5,632 $418,200 $418,200 --
2023 $973 $19,892 $19,892 $0
2022 $948 $19,502 $19,502 $0
2021 $905 $19,120 $19,120 $0
2019 $877 $18,553 $18,553 $0
2018 $885 $18,190 $18,190 $0
2016 $853 $17,485 $17,485 $0
2015 $840 $17,223 $17,223 $0
2014 $892 $16,886 $16,886 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-196525

The MLS

APN: 4465-001-013