NOT LISTED FOR SALE

Estimated Value: $754,000 - $4,136,000

1.02 Acres
$2,019,059 Price per Acre
44,623 Sq Ft Lot

Last Sold April 29, 2021

Last sale price $555,000 $141 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $11,926/month

5 Days on Market

Highlights

  • Community Stables
  • Canyon View
  • Foothills
  • Malibu Elementary School Rated A
  • Hiking Trails

About This Lot

As of April 2021

Once in a lifetime Malibu residential development opportunity in Santa Monica Mountains. 1 Acre Woolsey Fire burnout lot with potential expedited permitting process, fast tracked with replacement structure up to 110% in size of the previous home lost. Original structure ~3,900 sq.ft. Buyer to do own investigation. Incredible canyon views, less than 5 miles from PCH. Perched in prime Malibu country and just 15 minutes from Zuma Beach and Westlake Village. Short ride to Malibu's beach community including El Matador, Surfrider, Leo Carrillo, Nicholas Canyon, Point Dume, Paradise Cove, and Broad Beach. Drop-in to Trancas Market and Neptunes Nest, or backdoor to Malibu Wines and the Old Place. Just minutes walk or bike to Backbone Trailhead. Dawn patrol? Striking distance to local surf spots including Zeros, Staircase, Heavens, County Line. Top rated Santa Monica-Malibu Unified School District. A stunning lot, ready for your dream home. Primary residence or Investor special!

Last Agent to Sell the Property

Tom Flanagan

Backbeat Homes License #01330299 Listed on: 11/18/2020

Last Buyer's Agent

Tom Flanagan

Backbeat Homes License #01330299 Listed on: 11/18/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,872

Lot Details

  • 1.02 Acre Lot
  • No Sprinklers
  • Property is zoned LCA11*

Property Views

  • Canyon Views

Listing and Financial Details

  • Tax Tract Number 800
  • Assessor Parcel Number 4472008045

Community Details

Overview

  • Foothills
  • Mountainous Community

Recreation

  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$7,872

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: LCA11*
  • Property Type: Land
  • Parcel Number: 4472008045
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 13.42

Exterior Features

  • View: Canyon
  • Fence: No

Utilities

  • Sprinklers: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Horse Trails, Mountainous, Stable(s)

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 44622.86
  • Lot Size Acres: 1.0244

Multi Family

  • Lot Size Area: 1.0244 Acres

Tax Info

  • Tax Tract Number: 800...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Wells Fargo Bank Na
Bought by
33338 Mulholland Llc
Current Estimated Value
$2,068,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,953
Interest Rate
3.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 14, 1994
Sold by
Elliott Richard Leroy
Bought by
Elliott Richard L and Richard L Elliott Trust 1994
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
33338 Mulholland Llc $555,000 Chicago Title Company
Elliott Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 33338 Mulholland Llc $80,000
Open 33338 Mulholland Llc $300,000
Previous Owner 33338 Mulholland Llc $51,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $555,000 -7.3% $141 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $599,000 -- $152 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $7,872 $600,749 $600,749 --
2024 $7,872 $588,970 $588,970 --
2023 $7,617 $577,422 $577,422 $0
2022 $6,622 $491,221 $491,114 $107
2021 $6,417 $481,590 $481,485 $105
2020 $6,271 $476,652 $476,548 $104
2019 $6,247 $467,306 $467,204 $102
2018 $10,460 $858,831 $458,044 $400,787
2016 $10,032 $825,483 $440,258 $385,225
2015 $9,896 $813,084 $433,645 $379,439
2014 $9,779 $797,158 $425,151 $372,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-2349

Pasadena-Foothills Association of REALTORS®

APN: 4472-008-045