NOT LISTED FOR SALE

Estimated Value: $2,210,000 - $6,050,000

2 Beds
2 Baths
1,080 Sq Ft
$4,093/Sq Ft Est. Value

Last Sold November 07, 2013

Last sale price $6,300,000 $5,833 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $27,257/month

353 Days on Market

Highlights

  • Ocean View
  • 7,159,899 Sq Ft lot
  • Bungalow
  • Malibu Elementary School Rated A

About This Home

As of November 2013

One of the largest land-holdings available in Malibu, this majestic 320 acre property is just minutes off the Pacific Coast Highway. The 3 parcel property is filled with unique topography, lakes, cattle and horses. The property hosts numerous panoramic viewpoints: to the Northwest are magnificent views of the Boney Ridge which glows in the sunset light and to the South are spectacular views of the Pacific Ocean, Point Dume, and off shore islands. Existing structures include an octagonal indoor garden, caretakers residence, horse pasture, and guest house with luxurious amenities tucked in a beautiful grove of oak trees. The property boasts its own extensive network of horse trails and boarders the Santa Monica Mountains' network of trails with 4 seasonal waterfalls in proximity.

Last Agent to Sell the Property

Kathleen Doyle

Kathy Doyle Estates License #01353432 Listed on: 11/06/2012

Last Buyer's Agent

Michael Cunningham

Pinnacle Estate Properties License #01291455

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 164.37 Acre Lot
  • Property is zoned LCA101

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • 1,080 Sq Ft Home
  • Bungalow

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 4471-022-003

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

164.37 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1080
  • Year Built: 1972
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 7407.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, Mountains, Ocean
  • View: Yes

Lot Info

  • Assessor Parcel Number: 4471-022-003
  • Lot Size Area: 7159899

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2014
Sold by
Heller Michael
Bought by
Rhr Encinal Llc
Current Estimated Value
$4,420,611

Purchase Details

Listed on
Nov 6, 2012
Closed on
Oct 31, 2013
Sold by
3200 Encinal Cyn Rd and 420 Trancas Cyn Rd
Bought by
The Ingahdwe Trust
Seller's Agent
Kathleen Doyle
Kathy Doyle Estates
Buyer's Agent
Michael Cunningham
Pinnacle Estate Properties
List Price
$9,995,000
Sold Price
$6,300,000
Premium/Discount to List
-$3,695,000
-36.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.82%

Purchase Details

Closed on
Mar 5, 2013
Sold by
The Ingahdwe Trust
Bought by
Heller Imchael and The Ingahdwe Trust

Purchase Details

Closed on
Apr 7, 2010
Sold by
The Hancock Park Real Estate Trust
Bought by
3200 Encinal Cyn Rd and 420 Trancas Cyn Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 7, 2001
Sold by
Hume Richard S and Green Lantern Properties Trust
Bought by
Hume Richard S and The Hancock Park Real Estate Trust
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
Rhr Encinal Llc -- None Available
The Ingahdwe Trust $6,300,063 Equity Title
Heller Imchael -- None Available
3200 Encinal Cyn Rd $8,878,886 None Available
Hume Richard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3200 Encinal Cyn Rd $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2013 11/07/13 Sold $6,300,000 -21.3% $5,833 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
07/24/2013 07/24/13 Price Changed $8,000,000 -20.0% $7,407 / Sq Ft
05/06/2013 05/06/13 For Sale $9,995,000 +58.7% $9,255 / Sq Ft
05/05/2013 05/05/13 Off Market $6,300,000 -- --
11/30/2012 11/30/12 Price Changed $9,995,000 +11.1% $9,255 / Sq Ft
11/06/2012 11/06/12 For Sale $9,000,000 -- $8,333 / Sq Ft
Source: The MLS

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 $48,043 $3,800,168 $3,677,587 $122,581
2024 $48,043 $3,725,656 $3,605,478 $120,178
2023 $47,023 $3,652,605 $3,534,783 $117,822
2022 $46,679 $3,580,986 $3,465,474 $115,512
2021 $45,681 $3,510,772 $3,397,524 $113,248
2019 $44,860 $3,406,642 $3,296,752 $109,890
2018 $41,380 $3,339,846 $3,232,110 $107,736
2016 $40,018 $3,210,157 $3,106,604 $103,553
2015 $39,518 $3,161,938 $3,059,940 $101,998
2014 $39,017 $3,100,000 $3,000,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-634391

The MLS

APN: 4471-022-003

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