NOT LISTED FOR SALE

Estimated Value: $2,228,000 - $3,740,000

0.51 Acre
$6,358,951 Price per Acre
22,181 Sq Ft Lot

Last Sold August 18, 2020

Last sale price $1,500,000 $622 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $19,194/month

48 Days on Market

About This Lot

As of August 2020

Build your dream home in Malibu! Ready to build your own custom house in the very desirable Pt Dume area in Malibu, California. This lot sits on Bluewater Rd, a short walk to the beach. Potential for ocean views from a multi-level home. Land now has a lovely front yard area with mature trees and a garden. The back yard pool area has Canyon and Mountains views. Maybe a pool house or guest suite could be added? There is only so much land near the beach along the California coastline. Buy your land while you can. The City of Malibu has indicated a 4,000+ sq ft house could be built there, but check with the City for your own plans. Here's your chance to live the California beach lifestyle. Surf's Up!

Last Agent to Sell the Property

Pamela Conley

Douglas Elliman License #01906130 Listed on: 05/23/2020

Douglas Elliman

Co-Listed By

Diana Turner

License #01442365

Last Buyer's Agent

Diana Turner

License #01442365

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,026

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 63x350
  • Property is zoned LCRA1*

Property Views

  • Mountain
  • Hills

Listing and Financial Details

  • Assessor Parcel Number 4468-007-024

Property Details

Property Type

Land

Est. Annual Taxes

$19,026

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.5092
  • Lot Dimensions: 63x350
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Hills, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-007-024
  • Geocode Override: No
  • Lot Size Area: 22180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Jul 23, 2020
Sold by
Honold Kristin Brandsma and The Ted And Kristin Honold Liv
Bought by
Lupi Daniel and Sellar Joanne
Seller's Agent
Pamela Conley
Douglas Elliman
Buyer's Agent
Diana Turner
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%
Current Estimated Value
$3,237,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,737,978
Avg. Annual Appreciation
16.53%

Purchase Details

Closed on
Oct 27, 2011
Sold by
Honold Ted C and Honold Kristin B
Bought by
Honold Ted Charles and Honold Kristin Brandsma
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
Lupi Daniel $1,500,000 Equity Title Los Angeles
Honold Ted Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honold Ted Charles $146,509
Previous Owner Honold Ted C $155,025
Previous Owner Honold Kristin B $244,550
Previous Owner Honold Ted C $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $1,500,000 -6.2% $622 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $1,599,000 -11.2% $663 / Sq Ft
05/23/2020 05/23/20 For Sale $1,800,000 -- $746 / 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 $19,026 $1,623,648 $1,623,648 --
2024 $19,026 $1,591,812 $1,591,812 --
2023 $18,684 $1,560,600 $1,560,600 $0
2022 $18,408 $1,530,000 $1,530,000 $0
2021 $6,205 $477,553 $477,448 $105
2020 $6,046 $472,657 $472,553 $104
2019 $5,955 $463,390 $463,288 $102
2018 $11,004 $916,819 $454,204 $462,615
2016 $10,577 $881,220 $436,568 $444,652
2015 $10,434 $867,984 $430,011 $437,973
2014 $10,298 $850,982 $421,588 $429,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-591588

The MLS

APN: 4468-007-024