NOT LISTED FOR SALE

5904 Kanan Dume Rd Malibu, CA 90265

Estimated Value: $1,508,000 - $4,848,000

1 Acre
$2,960,736 Price per Acre
43,416 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $1,200,000 $815 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $16,316/month

16 Days on Market

About This Lot

As of November 2021

This one-acre parcel offers ocean, hillside, and canyon views. Approved plans and permits for this fire rebuild. Currently under construction with a portion of foundations already poured. 2 bedroom/2 bath with a potential for an additional 2 bedrooms and 1 bathroom or game room/library and wet bar. Located on a flag lot off of Kanan and only minutes to Point Dume and Zuma Beach. Build your dream home in a well-known Malibu area.

Last Agent to Sell the Property

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 08/30/2021

Co-Listed By

Cormac O'Herlihy

Sotheby's International Realty License #00787980

Last Buyer's Agent

Tony Bagramyan

License #00986861

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,118

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 109x400
  • Lot Sloped Down
  • Hillside Location
  • Property is zoned LCR11*

Property Views

  • Canyon Views

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4467-014-024

Property Details

Property Type

Land

Est. Annual Taxes

$15,118

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: This one-acre parcel offers ocean, hillside, and canyon views. Approved plans and permits for this fire rebuild. Currently under construction with foundations poured. Potential for 4 bedrooms with 2 master suites, elevator, and 3 bathrooms. Located on a flag lot and only minutes to Point Dume and Zuma Beach. Build your dream home in well-known Malibu.
  • Lot Acreage: 0.9967
  • Lot Dimensions: 109x400
  • Probate: No
  • Survey: Survey Done
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • Street Lights: Yes
  • View: Canyon
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street, On Site
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4467-014-024
  • Lot Location: Hillside, Canyon
  • Lot Size Area: 43415
  • Site Decription: Hillside, Rural
  • Staked: Yes
  • Topography: Downhill
  • Units Per Acre: 0-1 Unit/Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Pirijanian Zorik and Bagramyan Tony Norayr
Bought by
5904 Kanan Dume Llc
Current Estimated Value
$2,749,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$298,193
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$2,652,773

Purchase Details

Listed on
Aug 30, 2021
Closed on
Nov 2, 2021
Sold by
Dreier David R and David T Dreier Trust
Bought by
5904 Kanan Dume Llc
Seller's Agent
Wailani O'Herlihy
Sotheby's International Realty
Buyer's Agent
Tony Bagramyan
List Price
$1,495,000
Sold Price
$1,200,000
Premium/Discount to List
-$295,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.12%
Original Mortgage
$2,220,412
Interest Rate
3.01%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 24, 2010
Sold by
Bank Of America National Association
Bought by
Dreier David T and The David T Dreier Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2009
Sold by
Prachachalerm Charn and Prachachalerm Suree
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jun 28, 2006
Sold by
Prachachalerm Charn
Bought by
Prachachalerm Charn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Kew Christina E
Bought by
Prachachalerm Charn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.7%
Mortgage Type
Unknown
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
5904 Kanan Dume Llc -- Corinthian Title Company
5904 Kanan Dume Llc $1,200,000 Lawyers Title Company
Dreier David T $900,000 Lawyers Title Company
Bank Of America National Association $1,366,929 Servicelink
Prachachalerm Charn -- None Available
Prachachalerm Charn $1,635,000 --
Prachachalerm Charn -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5904 Kanan Dume Llc $300,000
Previous Owner 5904 Kanan Dume Llc $2,762,500
Previous Owner 5904 Kanan Dume Llc $2,220,412
Previous Owner Dreier David T $417,000
Previous Owner Prachachalerm Charn $202,144
Previous Owner Prachachalerm Charn $1,260,000
Previous Owner Prachachalerm Charn $100,000
Previous Owner Prachachalerm Charn $200,000
Previous Owner Prachachalerm Charn $1,225,000
Previous Owner Kew Christina E $50,000
Previous Owner Kew Christina E $128,480
Previous Owner Kew Christina E $104,004
Previous Owner Kew Christina E $63,380
Previous Owner Debeni Christopher A $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $1,200,000 -19.7% $815 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $1,495,000 -- $1,016 / 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 $15,118 $1,273,449 $1,273,449 --
2024 $15,118 $1,248,480 $1,248,480 --
2023 $14,795 $1,224,000 $1,224,000 $0
2022 $14,562 $1,200,000 $1,200,000 $0
2021 $10,373 $842,728 $842,728 $0
2019 $10,035 $810,106 $810,004 $102
2018 $12,213 $1,020,898 $794,122 $226,776
2016 $11,759 $981,257 $763,286 $217,971
2015 $11,601 $966,518 $751,821 $214,697
2014 $11,459 $947,586 $737,094 $210,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-778324

The MLS

APN: 4467-014-024