NOT LISTED FOR SALE

3605 Noranda Ln Malibu, CA 90265

Estimated Value: $4,117,000 - $11,475,414

5.02 Acres
$1,553,339 Price per Acre
218,628 Sq Ft Lot

Last Sold September 07, 2017

Last sale price $1,300,000

Est. 500% increase in value since last sale

Current estimated payment $54,777/month

232 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • Bluff on Lot
  • Malibu Elementary School Rated A
  • 5.02 Acre Lot

About This Lot

As of September 2017

Build your ultimate dream home on this approximately 5.02 acres bluff top undeveloped lot with flat building pad. Up a gated and private paved road with incredible ocean, coastline, and whitewater views, this peaceful and beautiful property is the perfect setting to build your Malibu dream home. Close to restaurants, shopping, markets, horse and hiking trails and beautiful sandy beaches. Per owner, there is an approved Coastal Development Permit and Planning approval to develop a residence and ancillary facilities. The City of Malibu Planning Commission approved the project on October 21, 2013.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 11/29/2016

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 11/29/2016

Compass

Property Details

Property Type

  • Land

Lot Details

  • 5.02 Acre Lot
  • Bluff on Lot
  • Property is zoned LCA11*

Parking

  • Automatic Gate

Property Views

  • Ocean
  • Canyon
  • Mountain

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Property is located within a water district
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4473-026-006

Property Details

Property Type

Land

Lot Details

5.02 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 5.0190
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Private
  • View: Canyon, Mountains, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Sewer: Septic Tank
  • Telephone: Yes
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4473-026-006
  • Geocode Override: No
  • Lot Description: Automatic Gate, Street Paved
  • Lot Location: Bluff Front
  • Lot Size Area: 218633
  • Site Decription: Hilltop
  • 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 15, 2022
Sold by
Titania Scandinavian Property Developmen
Bought by
Inholte Ludgerus Bernhard
Current Estimated Value
$7,796,207

Purchase Details

Listed on
Nov 29, 2016
Closed on
Aug 22, 2017
Sold by
Dolphin Head Properties Iii Llc
Bought by
Titania Scandinavian Property Developmen
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.34%

Purchase Details

Closed on
Aug 27, 2012
Sold by
Keller Kenneth H
Bought by
Dolphin Head Properties Iii Llc

Purchase Details

Closed on
Feb 1, 2008
Sold by
Quiros Mario Joseph
Bought by
Keller Kenneth H and Keller Kristine M

Purchase Details

Closed on
Sep 8, 2000
Sold by
Quiros Mario J and Quiros Alice A
Bought by
Quiros Mario Joseph and Quiros Alice A
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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Purchase History

Date Buyer Sale Price Title Company
Inholte Ludgerus Bernhard $14,100,000 Fidelity National Title
Titania Scandinavian Property Developmen $1,300,000 Usa National Title Company
Dolphin Head Properties Iii Llc $675,000 None Available
Keller Kenneth H $750,000 Fatcola
Quiros Mario Joseph -- First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2017 09/07/17 Sold $1,300,000 +4.0% --
07/19/2017 07/19/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $1,250,000 -3.8% --
05/28/2017 05/28/17 Off Market $1,300,000 -- --
11/29/2016 11/29/16 For Sale $1,250,000 -- --
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 $165,214 $14,669,640 $13,525,200 $1,144,440
2024 $165,214 $14,382,000 $13,260,000 $1,122,000
2023 $162,208 $14,100,000 $13,000,000 $1,100,000
2022 $16,777 $1,393,862 $1,393,862 $0
2021 $16,411 $1,366,532 $1,366,532 $0
2019 $16,073 $1,326,000 $1,326,000 $0
2018 $15,325 $1,300,000 $1,300,000 $0
2016 $8,591 $702,158 $702,158 $0
2015 $8,475 $691,611 $691,611 $0
2014 $8,408 $678,064 $678,064 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-183684

The MLS

APN: 4473-026-006

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