NOT LISTED FOR SALE

4237 Escondido Dr Malibu, CA 90265

Estimated Value: $664,000 - $1,343,000

1 Acre
$989,971 Price per Acre
43,516 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $555,000 $245 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,351/month

50 Days on Market

About This Lot

As of April 2022

One of the most compelling land offerings in all of Malibu! This Woolsey Fire burnout encompasses 3 lots totaling approximately 1 acre on a peaceful, dead-end street less than 10 minutes from Pacific Coast Highway. The buyer will have rights to the expedited permit process which allows for "fast-tracked" rebuilding in the previous footprint and a 10% increase in size. The previous structure was approximately 2,300 square feet per building records and featured an ocean view from the second story, an endless pool, spa, approximately 1,000 square feet of deck space, and a detached studio/office with records to be verified. Current improvements on the lot include a driveway to the building pad, retaining walls, remnants of the foundation, and debris clearance signoff. The septic system was inspected and tested in January 2022 and is in good condition. Utilities including water, electric, and phone are located in the street, and there is a propane tank onsite. Escondido Canyon is a hidden gem with a verdant blend of old-growth oaks, pines, sycamores, and a seasonal stream with easily accessible hiking and riding trails nearby. This is a rare opportunity to build a custom home with infrastructure already in place, an expedited permitting process, and in a spectacular location completely immersed in nature! Contact listing agents for the offering memorandum.

Last Agent to Sell the Property

Justin Cumbee

Compass License #02037837 Listed on: 02/08/2022

Compass

Co-Listed By

Russell Grether

Compass License #01836632

Last Buyer's Agent

Justin Cumbee

Compass License #02037837 Listed on: 02/08/2022

Compass

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 208x211
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Woods
  • Trees
  • Canyon
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4461-020-009

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 0.9990
  • Lot Dimensions: 208x211
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Tree Top, Mountains, Trees/Woods, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Telephone: Yes
  • Water: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4461-020-009
  • Lot Size Area: 43516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 22, 2022
Sold by
Rangsikitpho Joshua
Bought by
Delgado Nicolas E and Arango Carmen Ligia
Seller's Agent
Justin Cumbee
Compass
Buyer's Agent
Justin Cumbee
Compass
List Price
$610,000
Sold Price
$555,000
Premium/Discount to List
-$55,000
-9.02%
Current Estimated Value
$988,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,981
Avg. Annual Appreciation
16.66%

Purchase Details

Listed on
Jun 30, 2014
Closed on
Oct 21, 2014
Sold by
Gindick Jonathan
Bought by
Rangsikitpho Joshua
Seller's Agent
Drew Eric Davis
Old Oak Investments
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.16%
Original Mortgage
$840,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2006
Sold by
Gindick Karen
Bought by
Gindick Jonathan F

Purchase Details

Closed on
Sep 27, 2005
Sold by
Gindick Jonathan
Bought by
Gindick Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2003
Sold by
Gindick Karen
Bought by
Gindick Jonathan

Purchase Details

Closed on
Nov 1, 2002
Sold by
Gindick Jonathan
Bought by
Gindick Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.25%

Purchase Details

Closed on
Sep 6, 2002
Sold by
Gvirtzman Claudia R
Bought by
Gindick Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.25%
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
Delgado Nicolas E $555,000 First American Title Company O
Rangsikitpho Joshua $1,050,000 Priority Title
Gindick Jonathan F -- None Available
Gindick Karen -- Southland Title Ventura
Gindick Jonathan -- --
Gindick Karen -- California Title Company
Gindick Karen $660,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rangsikitpho Joshua $840,000
Previous Owner Gindick Karen $375,000
Previous Owner Gindick Karen $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $555,000 -9.0% $245 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $610,000 -41.9% $269 / Sq Ft
11/03/2014 11/03/14 Sold $1,050,000 0.0% $463 / Sq Ft View Prior Sale
10/04/2014 10/04/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $1,050,000 -- $463 / 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 $2,589 $156,060 $156,060 --
2024 $2,589 $153,000 $153,000 --
2023 $2,396 $150,000 $150,000 $0
2022 $10,380 $849,500 $849,393 $107
2021 $10,161 $832,844 $832,739 $105
2019 $9,913 $808,143 $808,041 $102
2018 $11,966 $1,003,451 $792,198 $211,253
2016 $11,506 $964,487 $761,437 $203,050
2015 $11,350 $950,000 $750,000 $200,000
2014 $4,248 $354,436 $141,773 $212,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-125877

The MLS

APN: 4461-020-009