NOT LISTED FOR SALE

4004 Decker Edison Rd Malibu, CA 90265

Estimated Value: $1,560,000 - $3,218,000

11.81 Acres
$175,390 Price per Acre
514,609 Sq Ft Lot

Last Sold August 10, 2023

Last sale price $1,360,000 $331 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $12,290/month

174 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • Hilltop Location
  • Malibu Elementary School Rated A
  • 11.81 Acre Lot
  • Cul-De-Sac

About This Lot

As of August 2023

Spectacular 180 degrees ocean views from this 11.7 acre existing homesite about 2 miles from the Beach! The previous home on the private site was approximately 4,108 square feet with 5 bedrooms and 5 baths and a large pool! There is an existing water well with utilities at the street! Any plans & permits for a new home would be eligible and expedited by the "fast track" rebuilding regulations for fire destroyed homes! Property also includes a "Certificate of Compliance" for future development!

Last Agent to Sell the Property

Richard Barrett

Coldwell Banker Realty License #00619007 Listed on: 02/08/2023

Coldwell Banker Realty

Last Buyer's Agent

Bill Moss

Coldwell Banker Realty License #00860010

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 11.81 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Hilltop Location
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Mountain
  • Hills

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4473-005-018

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 11.8138
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: Coastline, Hills, Mountains, Ocean, Panoramic
  • View: Yes

Utilities

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

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4473-005-018
  • Lot Description: Single Lot, Street Asphalt, Utilities - Overhead
  • Lot Location: Cul-De-Sac, Hilltop, Rural, Varied
  • Lot Size Area: 514611
  • Site Decription: Hilltop, Rural, Varied
  • Topography: Pad,Varied
  • 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
Feb 8, 2023
Closed on
Jul 31, 2023
Sold by
Comerica Bank & Trust
Bought by
Laxmi Narayan Enterprises Inc
Seller's Agent
Richard Barrett
Coldwell Banker Realty
Buyer's Agent
Bill Moss
Coldwell Banker Realty
List Price
$1,600,000
Sold Price
$1,360,000
Premium/Discount to List
-$240,000
-15%
Views
235
Current Estimated Value
$2,072,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,017
Avg. Annual Appreciation
19.35%

Purchase Details

Closed on
Jul 7, 2009
Sold by
Sloan Hiram Cooper and Sloan Hiram C
Bought by
Sloan Hiram C and Hiram C Sloan Jr Living 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
Laxmi Narayan Enterprises Inc $1,360,000 Equity Title Company
Sloan Hiram C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Sold $1,360,000 0.0% $331 / Sq Ft
08/08/2023 08/08/23 Off Market $1,360,000 -- --
02/08/2023 02/08/23 For Sale $1,600,000 -- $389 / 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 $17,204 $1,387,200 $1,387,200 --
2024 $17,204 $1,360,000 $1,360,000 --
2023 $2,026 $67,072 $66,963 $109
2022 $2,161 $65,757 $65,650 $107
2021 $2,251 $64,468 $64,363 $105
2020 $2,040 $63,808 $63,704 $104
2019 $2,159 $62,557 $62,455 $102
2018 $9,722 $784,007 $61,231 $722,776
2016 $9,348 $753,564 $58,854 $694,710
2015 $9,232 $742,245 $57,970 $684,275
2014 $9,165 $727,706 $56,835 $670,871
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Barrett

    Coldwell Banker Realty

    (310) 456-3638

    6 Total Sales

    Richard Barrett
    Section Image

  • B

    Buyer's Agent in 2023

    Bill Moss

    Coldwell Banker Realty

    (310) 457-6550

    86 Total Sales

    Bill Moss
    Section Image
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Map

Source: The MLS

MLS Number: 23-241233

The MLS

APN: 4473-005-018

California Los Angeles County Malibu 90265

4004 Decker Edison Rd, Malibu, CA

Not Listed for Sale

Lots

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