NOT LISTED FOR SALE

Estimated Value: $1,106,213

0.13 Acres
$8,206,328 Price per Acre
5,873 Sq Ft Lot

Sale Details

Date Sold: August 11, 2021

Last sale price $1,150,000

Est. 4% decrease in value since last sale

Current estimated payment $7,527 / mo

54 Days on Market

Highlights

  • Beach Access
  • Malibu Elementary School Rated A
  • Canyon View

About This Lot

As of August 2021

Amazing opportunity to build your dream house just a stones throw to one of the most magical sandy beaches in Malibu "West Seal Level" This is a gated small beachfront community. You will hear the sounds of crashing waves from your property. The current Seller did some preliminary studies that should be on file at the City of Malibu. ****Owner may carry First Trust Deed with 35% down for up to 3 years***

Last Agent to Sell the Property

Jeff Chertow

Pinnacle Estate Properties License #00976750 Listed on: 05/03/2021

Pinnacle Estate Properties

Last Buyer's Agent

Laura Alfano

Compass License #02064718

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 5,873 Sq Ft Lot
  • Property is zoned LCR1YY

Additional Features

  • Canyon Views
  • Beach Access

Listing and Financial Details

  • Assessor Parcel Number 4470-027-010

Property Details

Property Type

Land

Lot Details

5,873 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1348
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt, Private
  • View: Canyon
  • View: Yes
  • Waterfront: Beach Rights

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 325.00

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-027-010
  • Lot Location: Beach Access
  • Lot Size Area: 5873
  • Topography: Flat,Varied

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jul 19, 2021
Sold by
Margolis Kathy Joe
Bought by
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Laura Alfano
Compass
List Price
$995,000
Sold Price
$1,150,000
Premium/Discount to List
$155,000
15.58%
Current Estimated Value
$1,106,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,787
Avg. Annual Appreciation
-0.76%

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 30, 2021
Sold by
Kathy Joe Margolis Revocable Trust
Bought by
Nakano Jonathan and Baek Linda
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Laura Alfano
Compass
List Price
$995,000
Sold Price
$1,150,000
Premium/Discount to List
$155,000
15.58%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Margolis Kathy Joe
Bought by
Margolis Kathy Joe and Margolis Kathy Joe

Purchase Details

Closed on
Sep 23, 2005
Sold by
Margolis Kathy Joe and Peterson Jeffrey G
Bought by
Margolis Kathy Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2005
Sold by
Ziering Jodine Anderson
Bought by
Ziering William

Purchase Details

Closed on
Sep 30, 2004
Sold by
Ziering William
Bought by
Margolis Kathy Joe and Peterson Jeffrey G

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
5.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 20, 2003
Sold by
Oxx Lori and Kantor Lori
Bought by
Ziering William
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Margolis Kathy Joe -- Alliance Title Company
Ziering William -- Fidelity National Title Co
Margolis Kathy Joe $1,500,000 Fidelity National Title Co
Ziering William -- --
Oxx Lori -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $1,150,000 +15.6% --
06/26/2021 06/26/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $995,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,381 $1,244,796 $1,244,796
2025 $15,381 $1,220,389 $1,220,389
2024 $14,299 $1,196,460 $1,196,460
2023 $14,036 $1,173,000 $1,173,000 $0
2022 $13,860 $1,150,000 $1,150,000 $0
2021 $7,887 $637,564 $637,564 $0
2020 $7,843 $631,027 $631,027 $0
2019 $7,726 $618,654 $618,654 $0
2018 $7,357 $606,524 $606,524 $0
2016 $7,095 $582,973 $582,973 $0
2015 $7,603 $574,217 $574,217 $0
2014 $7,466 $562,969 $562,969 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-726772

The MLS

APN: 4470-027-010

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