NOT LISTED FOR SALE

Estimated Value: $569,000 - $2,160,000

4.58 Acres
$283,630 Price per Acre
199,718 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $440,000 $220 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $6,365/month

5 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • Property Near a Canyon
  • Malibu Elementary School Rated A
  • 4.58 Acre Lot

About This Lot

As of December 2022

Commanding sweeping canyon and ocean views, this majestic site of over 4.5 acres is just five minutes above PCH, yet a world away. The perfect location for a private retreat compound, the gated estate has a flat pad, circular driveway, swimming pool, and ample space for a luxurious residence, guest quarters, and equestrian facilities. A serene refuge of exceptional beauty and unlimited potential.

Last Agent to Sell the Property

Roman Jensen

Compass License #02040258 Listed on: 12/05/2022

Compass

Co-Listed By

Chris Cortazzo

Compass License #01190363

Last Buyer's Agent

Derek Bouchard

Century 21 Masters

Property Details

Property Type

  • Land

Lot Details

  • 4.58 Acre Lot
  • Property Near a Canyon
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Mountain

Outdoor Features

  • Horse Property

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4472-024-013

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 4.5849
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: Propane
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: No
  • Water: Well

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4472-024-013
  • Lot Description: Yard, Horse Property, Street Paved
  • Lot Location: Canyon
  • Lot Size Area: 199718
  • Site Decription: Canyon
  • Staked: No
  • Water Well: Yes

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Dec 20, 2022
Sold by
Ward Linda
Bought by
Alon Chaim and Alon Valerie
Seller's Agent
Roman Jensen
Compass
Buyer's Agent
Derek Bouchard
Century 21 Masters
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Views
62
Current Estimated Value
$1,128,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688,139
Avg. Annual Appreciation
42.50%

Purchase Details

Listed on
Jan 20, 2017
Closed on
May 1, 2017
Sold by
Spratford Kenneth
Bought by
Ward Linda
Seller's Agent
Daron Campbell
LPT Realty, Inc
List Price
$1,899,000
Sold Price
$1,698,000
Premium/Discount to List
-$201,000
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.36%

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bliss Thomas Hooker and Juyong Shin S
Bought by
Spratford Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 28, 1999
Sold by
Carvalho Robert M
Bought by
Carvalho Robert M and Carvalho 1996 Revocab Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
7.51%

Purchase Details

Closed on
Jun 4, 1999
Sold by
Lawyer Peggy L
Bought by
Carvalho Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
7.51%

Purchase Details

Closed on
Jul 14, 1998
Sold by
Lawyer Peggy L and Lawyer Family Trust
Bought by
Lawyer Peggy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
7.25%

Purchase Details

Closed on
Mar 17, 1997
Sold by
Lawyer Peggy L
Bought by
Lawyer Peggy L and Lawyer Family Trust

Purchase Details

Closed on
Mar 10, 1997
Sold by
Lawyer Richard F and Lawyers Richard
Bought by
Lawyer Peggy L and Lawyer Family 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
Alon Chaim $440,000 First American Title
Ward Linda $1,698,000 Old Republic Title Company
Spratford Kenneth $1,400,000 Fidelity Van Nuys
Carvalho Robert M -- --
Carvalho Robert M $780,000 First American Title Co
Lawyer Peggy L -- United Title Company
Lawyer Peggy L -- --
Lawyer Peggy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spratford Kenneth $980,000
Previous Owner Carvalho Robert M $580,000
Previous Owner Lawyer Peggy L $610,000
Closed Spratford Kenneth $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $440,000 -7.4% $220 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $475,000 -72.0% $237 / Sq Ft
05/18/2017 05/18/17 Sold $1,698,000 -10.6% $848 / Sq Ft View Prior Sale
04/10/2017 04/10/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $1,899,000 -- $948 / 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 $6,286 $457,776 $457,776 --
2024 $6,286 $448,800 $448,800 --
2023 $6,036 $440,000 $440,000 $0
2022 $17,995 $1,476,308 $1,476,201 $107
2021 $17,564 $1,447,361 $1,447,256 $105
2019 $17,209 $1,404,433 $1,404,331 $102
2018 $20,318 $1,731,960 $1,376,796 $355,164
2016 $19,471 $1,648,488 $1,318,794 $329,694
2015 $19,209 $1,623,727 $1,298,985 $324,742
2014 $18,984 $1,591,921 $1,273,540 $318,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-222399

The MLS

APN: 4472-024-013