NOT LISTED FOR SALE

Estimated Value: $1,193,000 - $2,252,000

5.79 Acres
$298,171 Price per Acre
252,382 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $725,000 $314 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $9,993/month

167 Days on Market

Highlights

  • Ocean View
  • Malibu Elementary School Rated A
  • 5.79 Acre Lot

About This Lot

As of March 2021

Woolsey Fire Rebuild. Beautiful ocean views. Approximately 5.79 acres, only 2 minutes to PCH and the beach. This homesite has approximately 2,600 SF plus a 10% rebuild calculation. An electric meter in place. Well on property.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 09/10/2020

Compass

Co-Listed By

Kirby Kotler

Compass License #01872348

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 09/10/2020

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,455

Lot Details

  • 5.79 Acre Lot
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Mountain
  • Park or Greenbelt

Utilities

  • Property is located within a water district
  • Well

Listing and Financial Details

  • Assessor Parcel Number 4472-028-014

Property Details

Property Type

Land

Est. Annual Taxes

$9,455

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 5.7939
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains, Ocean, Green Belt
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Telephone Service: In Street
  • Telephone: No
  • Water: Well, District

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4472-028-014
  • Lot Size Area: 252381
  • Staked: No

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Gogerchin Patrick
Bought by
Encinal Ranch Llc
Current Estimated Value
$1,727,574

Purchase Details

Listed on
Sep 10, 2020
Closed on
Mar 12, 2021
Sold by
Gogerchin Shannon
Bought by
Gogerchin Patrick
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$795,000
Sold Price
$725,000
Premium/Discount to List
-$70,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.71%
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
Encinal Ranch Llc -- Fidelity National Title Co
Gogerchin Patrick -- Fidelity National Title
Gogerchin Patrick $725,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nauert Charles R $274,938
Previous Owner Nauert Charles Randolph $0
Previous Owner Nauert Charles Randolph $270,400
Previous Owner Nauert Charles Randolph $274,000
Previous Owner Nauert Charles Randolph $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $725,000 -8.8% $314 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $795,000 +9.7% $345 / Sq Ft
01/25/2021 01/25/21 Off Market $725,000 -- --
09/10/2020 09/10/20 For Sale $795,000 0.0% $345 / Sq Ft
07/31/2012 07/31/12 Rented $4,200 0.0% --
07/12/2012 07/12/12 Under Contract -- -- --
04/26/2012 04/26/12 For Rent $4,200 -- --
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 $9,455 $754,290 $754,290 --
2024 $9,455 $739,500 $739,500 --
2023 $9,131 $725,000 $725,000 $0
2022 $10,044 $794,690 $794,690 $0
2021 $2,434 $143,642 $143,537 $105
2020 $2,309 $142,170 $142,066 $104
2019 $2,367 $139,383 $139,281 $102
2018 $4,182 $289,665 $136,550 $153,115
2016 $4,005 $278,419 $131,249 $147,170
2015 $3,951 $274,238 $129,278 $144,960
2014 $3,969 $268,867 $126,746 $142,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-630994

The MLS

APN: 4472-028-014