NOT LISTED FOR SALE

Estimated Value: $2,730,000 - $3,961,000

9.33 Acres
$358,331 Price per Acre
406,415 Sq Ft Lot

Last Sold September 01, 2015

Last sale price $283,000

Est. 1,081% increase in value since last sale

Current estimated payment $19,704/month

1,126 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • 9.33 Acre Lot
  • Malibu Elementary School Rated A

About This Lot

As of September 2015

Best Land Buy In Malibu! 9.8 Acres with Beautiful Ocean and Island Views. Vested Coastal Approval for a 3000 sq.ft home with current large graded building Pad. Save tens of thousands of dollars with all reports and studies completed including geology/soils, percolation, survey, biology, fuel mod, and more. Large meadow on property for horses, barns, gardens and more. Located only 5 minutes from the ocean, this property borders State Park land with endless horse and hiking trail access. This is the the last privately owned lot on the street and no one will ever build behind this property. Property would have sold over $650,000 in previous real estate markets. Please see additional photos for aerial/directional maps of the property.

Last Agent to Sell the Property

Bill Moss

Coldwell Banker Realty License #00860010 Listed on: 05/22/2012

Coldwell Banker Realty

Last Buyer's Agent

Edward Peters

Resource Land Co. License #00927681

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,553

Lot Details

  • 9.33 Acre Lot
  • Property is zoned LCA11

Property Views

  • Ocean
  • Mountain

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4472-019-025

Property Details

Property Type

Land

Est. Annual Taxes

$19,553

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 9.3300
  • Lot Dimensions: A9.33
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: Bottled
  • Sewer: Septic Tank
  • Telephone: Yes
  • Water: Well

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4472-019-025
  • Lot Size Area: 406415
  • Site Decription: Hillside, Rural
  • Topography: Flat,Pad,Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2015
Sold by
White Sage Investments Co Llc
Bought by
Lacey Arabella
Current Estimated Value
$3,343,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2002
Sold by
Kniffin Jeffrey and Kniffin Muriel
Bought by
White Sage Investments Co Llc
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
Lacey Arabella $283,000 Fidelity National Title Co
White Sage Investments Co Llc $70,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Gregory $250,000
Previous Owner Lacey Arabella $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2015 09/01/15 Sold $283,000 -52.4% --
06/22/2015 06/22/15 Pending -- -- --
05/22/2012 05/22/12 For Sale $594,000 -- --
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 $19,553 $1,647,276 $335,011 $1,312,265
2024 $19,553 $1,614,978 $328,443 $1,286,535
2023 $6,567 $515,524 $322,003 $193,521
2022 $6,481 $505,417 $315,690 $189,727
2021 $6,305 $495,507 $309,500 $186,007
2019 $4,051 $300,321 $300,321 $0
2018 $3,893 $294,433 $294,433 $0
2016 $3,753 $283,000 $283,000 $0
2015 $1,495 $84,350 $84,350 $0
2014 $1,534 $82,698 $82,698 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-601955

The MLS

APN: 4472-019-025