$3,500,000
SOLD JUL 15, 2022
1.23 Acres
$2,834,697 Price per Acre
53,784 Sq Ft Lot

Recently Sold

$698 Per Sq Ft

9 Days on Market

Highlights

  • White Water Ocean Views
  • Corner Lot
  • Cul-De-Sac
  • Malibu Elementary School Rated A

About This Lot

As of February 2024

Permits ready to go for a 7616 SqFt estate with pool and 180 degree ocean and island views. Modern design by Architect Clive Dawson with floor to ceiling glass and open floor plan to bring the outdoors in. Located on a corner lot of a private cul-de-sac this property already has completed grading, shoring, and a new commercial septic installed. With all the approvals and permits complete it takes the time and headaches out of building your dream home in Malibu. Additional adjacent permitted lots available for purchase

Last Agent to Sell the Property

Brian Merrick

Coldwell Banker Realty License #01204107 Listed on: 03/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Julie Carruthers

Compass License #01975407

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42,630

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 308x174
  • Cul-De-Sac
  • Corner Lot
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • Coastline

Utilities

  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4469-004-011

Property Details

Property Type

Land

Est. Annual Taxes

$42,630

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 1.2347
  • Lot Dimensions: 308x174
  • Probate: No
  • Survey: Survey Done
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt, Private
  • Street Lights: No
  • View: Coastline, Water, White Water, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: District

Condo/Co-op/Association

  • HOA Fees: 720.00

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4469-004-011
  • Current Geological: Yes
  • Lot Location: Corner Lot, Cul-De-Sac
  • Lot Size Area: 53783
  • Site Decription: Varied
  • Topography: Varied
  • Water Well: No

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 19, 2024
Sold by
Zuma Block Llc
Bought by
Malibu Andromeda Lane Llc
Seller's Agent
Dennis Chernov
The Agency
Buyer's Agent
Daniel Moss
No Firm Affiliation
List Price
$4,695,000
Sold Price
$4,250,000
Premium/Discount to List
-$445,000
-9.48%
Views
207
Current Estimated Value
$5,660,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,410,922
Avg. Annual Appreciation
19.76%

Purchase Details

Closed on
May 29, 2018
Sold by
Taite Richard Loren
Bought by
30010 Andromeda Lane Llc

Purchase Details

Closed on
May 27, 2014
Sold by
Taite Richard
Bought by
Taite Richard Loren and Taite Trust

Purchase Details

Listed on
Mar 26, 2013
Closed on
Oct 11, 2013
Sold by
Vanireland Pamela
Bought by
Taite Richard
Seller's Agent
Wailani O'Herlihy
Sotheby's International Realty
Buyer's Agent
Brian Merrick
Coldwell Banker Realty
List Price
$2,595,000
Sold Price
$2,675,000
Premium/Discount to List
$80,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$1,999,999
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Vanierland Johannes
Bought by
Vanierland Pemela

Purchase Details

Closed on
Mar 8, 2004
Sold by
Us Bank Na
Bought by
Vanierland Johannes and Vanierland Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2001
Sold by
Marshall Larry
Bought by
Marshall Larry and Larry Marshall Living Trust

Purchase Details

Closed on
Jul 29, 1998
Sold by
Kepler Michelle
Bought by
Marshall Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
7.62%

Purchase Details

Closed on
Aug 20, 1996
Sold by
Desantis Robert
Bought by
Kepler Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,606,486
Interest Rate
6.5%
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 Type Sale Price Title Company
Grant Deed $4,250,000 None Listed On Document
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $2,675,000 Fidelity Sherman Oaks
Interfamily Deed Transfer -- None Available
Grant Deed $2,250,000 Equity Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,925,000 Equity Title Company
Gift Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,999,999 New Conventional
Previous Owner $1,575,000 Purchase Money Mortgage
Previous Owner $1,925,000 No Value Available
Previous Owner $1,606,486 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $4,250,000 -9.5% $649 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $4,695,000 +34.1% $717 / Sq Ft
07/15/2022 07/15/22 Sold $3,500,000 0.0% $698 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $3,500,000 +30.8% $698 / Sq Ft
11/13/2013 11/13/13 Sold $2,675,000 +3.1% $488 / Sq Ft
08/15/2013 08/15/13 For Sale $2,595,000 0.0% $473 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $2,595,000 -- $473 / 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 $42,630 $4,335,000 $3,034,500 $1,300,500
2024 $42,630 $3,641,400 $3,641,400 --
2023 $41,768 $3,570,000 $3,570,000 $0
2022 $25,661 $2,151,354 $2,151,247 $107
2021 $25,104 $2,109,171 $2,109,066 $105
2020 $24,921 $2,087,545 $2,087,441 $104
2019 $24,572 $2,046,613 $2,046,511 $102
2018 $33,412 $2,881,961 $2,006,384 $875,577
2016 $32,171 $2,770,053 $1,928,475 $841,578
2015 $31,741 $2,728,445 $1,899,508 $828,937
2014 $31,288 $2,675,000 $1,862,300 $812,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-134091

The MLS

APN: 4469-004-011