NOT LISTED FOR SALE

29934 Cuthbert Rd Malibu, CA 90265

Estimated Value: $4,169,000 - $5,371,000

2.35 Acres
$1,992,940 Price per Acre
102,434 Sq Ft Lot

Last Sold May 25, 2021

Last sale price $2,800,000 $801 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $27,468/month

178 Days on Market

Highlights

  • Ocean View
  • Malibu Elementary School Rated A
  • Property is near a park

About This Lot

As of May 2021

WOOLSEY FIRE BURNOUT! This approximately 2.35 acre with unobstructed ocean and mountain views is fully permitted and ready to build your dream home with plans for a spectacular modern masterpiece with basement and outbuildings by architect Vitus Matare. Located in Malibu Park and minutes away from one of the most beautiful Malibu beaches, the double-gated and walled compound offers extreme privacy in a serene and idyllic setting. Includes shovel ready plans and permits for the main house and an approximately 1200sf barn and large 55' pool. The project falls under the 2019 building code, which represents substantial construction savings.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 11/16/2020

Compass

Co-Listed By

Kirby Kotler

Compass License #01872348

Last Buyer's Agent

Gail Copley

Coldwell Banker Realty License #00943961

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 2.35 Acre Lot
  • Property is zoned LCRA20

Property Views

  • Ocean
  • Mountain

Additional Features

  • Property is near a park
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4469-009-013

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Exterior Features

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

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Telephone Service: In Street
  • Telephone: No
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4469-009-013
  • Lot Location: Park Nearby
  • Lot Size Area: 102434
  • Staked: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2019
Sold by
Glymph James M
Bought by
Shapiro Adam and Shapiro Angelique
Current Estimated Value
$4,686,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 1998
Sold by
Brenot Paul
Bought by
Glymph James M and Janmohamed Shahida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$911,250
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shapiro Adam $1,825,000 Chicago Title Company
Glymph James M $1,215,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shapiro Adam $900,000
Previous Owner Glymph James M $911,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $2,800,000 -6.5% $801 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $2,995,000 +7.0% $857 / Sq Ft
01/25/2021 01/25/21 Off Market $2,800,000 -- --
12/07/2020 12/07/20 Price Changed $2,995,000 -4.9% $857 / Sq Ft
11/16/2020 11/16/20 For Sale $3,150,000 -- $901 / 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 $34,967 $3,030,809 $3,030,809 --
2024 $34,967 $2,971,382 $2,971,382 --
2023 $34,293 $2,913,120 $2,913,120 $0
2022 $33,845 $2,856,000 $2,856,000 $0
2021 $21,983 $1,843,907 $1,843,907 $0
2020 $21,817 $1,825,000 $1,825,000 $0
2019 $17,083 $1,391,439 $1,391,337 $102
2018 $22,801 $1,946,451 $1,364,056 $582,395
2016 $21,952 $1,870,870 $1,311,089 $559,781
2015 $21,658 $1,842,769 $1,291,396 $551,373
2014 $21,387 $1,806,673 $1,266,100 $540,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-660154

The MLS

APN: 4469-009-013