NOT LISTED FOR SALE

5901 Philip Ave Malibu, CA 90265

Estimated Value: $2,544,000 - $4,064,045

1.77 Acres
$1,824,966 Price per Acre
77,270 Sq Ft Lot

Last Sold January 16, 2014

Last sale price $1,700,000 $3,036 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $19,054/month

211 Days on Market

Highlights

  • White Water Ocean Views
  • Horses Allowed On Property
  • Level Lot
  • Malibu Elementary School Rated A

About This Lot

As of January 2014

ABSOLUTELY.ONE OF MALIBU'S BEST OCEAN VIEW LOTS EVER!!! A WOW parcel w/ nearly 2 ALL USABLE ACRES and panoramic views of Zuma Beach. Reports done, expired Malibu City and Coastal Approvals so easy to update. Up to appx 8557sf of living area can be designed and layed out per Buyer's preferences; Doug Burdge AIA has layed out a fabulous one story plan but all is flexible (2 story ok as well). Room for Main house, Guest house with kitchen, Studio with Bathroom, Basement, Horse corral and/or stabling and 3-5 garages. Malibu Schools, Zuma Beach are within walking distance. State Parkland and the new 2013 Trancas Market Center (new organic market, Starbucks, 3 restaurants, nursery, many shops) are about 2-3 minutes away. LOCATION! OCEAN VIEWS! STUDIES DONE! Room for all your dreams, ready for your personal touch!

Last Agent to Sell the Property

Carol Bird

CBird and Company License #01076073 Listed on: 06/04/2013

Last Buyer's Agent

Grace Stutz

Keller Williams World Media Cn License #01370490

Keller Williams World Media Cn

Property Details

Property Type

  • Land

Lot Details

  • 1.77 Acre Lot
  • Level Lot

Property Views

  • White Water Ocean
  • City Lights
  • Park or Greenbelt

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 4469-003-021

Property Details

Property Type

Land

Lot Details

1.77 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: City Lights, Green Belt, Ocean, White Water
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone: Yes
  • Water: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4469-003-021
  • Geocode Override: No
  • Lot Size Area: 77270
  • Staked: No
  • Topography: Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2013
Closed on
Mar 1, 2014
Sold by
Boulter Lori
Bought by
Litow Family Trust
Seller's Agent
Carol Bird
CBird and Company
Buyer's Agent
Grace Stutz
Keller Williams World Media Cn
List Price
$1,899,000
Sold Price
$1,700,000
Premium/Discount to List
-$199,000
-10.48%
Current Estimated Value
$3,237,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,537,261
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jan 15, 2014
Sold by
Marashi Zoreh
Bought by
Boulter Lori
Seller's Agent
Carol Bird
CBird and Company
Buyer's Agent
Grace Stutz
Keller Williams World Media Cn
List Price
$1,899,000
Sold Price
$1,700,000
Premium/Discount to List
-$199,000
-10.48%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Shaffer Bruce and Marashi Zoreh
Bought by
Marashi Zoreh

Purchase Details

Closed on
Dec 4, 2002
Sold by
Cariker James O and James O Cariker Living Trust
Bought by
Shaffer Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,650
Interest Rate
5.86%
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
Litow Family Trust -- None Available
Boulter Lori $1,700,000 Fidelity National Title Co
Marashi Zoreh -- --
Shaffer Bruce $980,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaffer Bruce $747,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $1,700,000 -10.5% $3,036 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
06/04/2013 06/04/13 For Sale $1,899,000 -- $3,391 / Sq Ft
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 $24,316 $2,083,964 $2,083,964 --
2024 $24,316 $2,043,102 $2,043,102 --
2023 $23,830 $2,003,042 $2,003,042 $0
2022 $23,497 $1,963,767 $1,963,767 $0
2021 $22,948 $1,925,262 $1,925,262 $0
2019 $22,496 $1,868,158 $1,868,158 $0
2018 $21,341 $1,831,528 $1,831,528 $0
2016 $20,659 $1,760,408 $1,760,408 $0
2015 $20,382 $1,733,966 $1,733,966 $0
2014 $13,905 $1,157,848 $1,112,957 $44,891
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carol Bird

    CBird and Company

    Section Image
  • Grace Stutz

    Buyer's Agent in 2014

    Grace Stutz

    Keller Williams World Media Cn

    (310) 579-5204

    8 Total Sales

    Grace Stutz
    Section Image
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Map

Source: The MLS

MLS Number: 13-677813

The MLS

APN: 4469-003-021

California Los Angeles County Malibu 90265

5901 Philip Ave, Malibu, CA

Not Listed for Sale

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