NOT LISTED FOR SALE

5961 Floris Heights Malibu, CA 90265

Estimated Value: $3,132,038 - $4,554,000

1.23 Acres
$3,005,914 Price per Acre
53,470 Sq Ft Lot

Last Sold February 14, 2022

Last sale price $3,000,000 $1,345 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $22,315/month

298 Days on Market

About This Lot

As of February 2022

Rare opportunity to build your dream home in desirable Malibu Park at this incredible Woolsey Fire Burnout Estate Lot with active PV approval that is currently under Administrative Plan Review. Perched at the end of a cul-de-sac, this Property offers a long, private drive in a sublime serene, tranquil setting w/partial ocean view from this exceptional find on 1+ (mostly flat) acres that backs up to the acclaimed Malibu High School. Inspired by Mies Van Der Rohes Farnsworth House, the final project features a single-story residence (approx. 4,950 sqft) with an authentic, 1940s Classic Modernist Design by Vitus Matare that features a 20'x70' swimming pool/spa, rooftop deck perfect for entertaining and even your own private golf green. Extraordinary opportunity to build in prime location, near signature shops, hiking and riding trails, local farmers markets, distinguished local restaurants and the world-renowned Zuma Beach! Completed reports include Soil, Geology, Geotech and OWTS.

Last Agent to Sell the Property

Ani Dermenjian

Douglas Elliman License #01185123 Listed on: 04/15/2021

Douglas Elliman

Last Buyer's Agent

Ani Dermenjian

Douglas Elliman License #01185123 Listed on: 04/15/2021

Douglas Elliman

Property Details

Property Type

  • Land

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 194x276
  • Property is zoned LCRA20000*

Property Views

  • Woods
  • Peek-A-Boo

Listing and Financial Details

  • Assessor Parcel Number 4469-013-014

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.2275
  • Lot Dimensions: 194x276
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Peek-A-Boo, Trees/Woods
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4469-013-014
  • Lot Size Area: 53470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2024
Sold by
Singh Anand Harmeet
Bought by
Harmeet Anand J Revocable Living Trust and Anand
Current Estimated Value
$3,689,760

Purchase Details

Listed on
Apr 15, 2021
Closed on
Feb 7, 2022
Sold by
Global View Llc
Bought by
Anand Harmeet Singh
Seller's Agent
Ani Dermenjian
Douglas Elliman
Buyer's Agent
Ani Dermenjian
Douglas Elliman
List Price
$3,160,000
Sold Price
$3,000,000
Premium/Discount to List
-$160,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$1,000,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 16, 2020
Sold by
Global View Llc
Bought by
Global View Llc
Seller's Agent
Jane Kennedy
BrokerInTrust Real Estate-Jane Kennedy
Buyer's Agent
Jane Kennedy
BrokerInTrust Real Estate-Jane Kennedy
List Price
$1,100,000
Sold Price
$1,090,000
Premium/Discount to List
-$10,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.55%
Original Mortgage
$708,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 7, 2020
Sold by
Omeara Kevan and Omeara Family Trusts
Bought by
Global View Llc
Seller's Agent
Jane Kennedy
BrokerInTrust Real Estate-Jane Kennedy
Buyer's Agent
Jane Kennedy
BrokerInTrust Real Estate-Jane Kennedy
List Price
$1,100,000
Sold Price
$1,090,000
Premium/Discount to List
-$10,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,500
Interest Rate
2.8%
Mortgage Type
Commercial
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
Harmeet Anand J Revocable Living Trust -- None Listed On Document
Anand Harmeet Singh $3,000,000 Equity Title
Anand Harmeet Singh -- Equity Title
Global View Llc -- Stewart Title Of Ca Inc
Global View Llc $1,090,000 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anand Harmeet Singh $1,000,000
Previous Owner Global View Llc $708,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2022 02/14/22 Sold $3,000,000 -5.1% $1,345 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
04/15/2021 04/15/21 For Sale $3,160,000 +189.9% $1,416 / Sq Ft
11/04/2020 11/04/20 Sold $1,090,000 0.0% $489 / Sq Ft View Prior Sale
10/26/2020 10/26/20 Off Market $1,090,000 -- --
10/26/2020 10/26/20 For Sale $1,100,000 +0.9% $493 / Sq Ft
09/24/2020 09/24/20 Off Market $1,090,000 -- --
09/22/2020 09/22/20 For Sale $1,100,000 -- $493 / 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 $37,637 $3,183,624 $3,183,624 --
2024 $37,637 $3,121,200 $3,121,200 --
2023 $35,890 $3,060,000 $3,060,000 $0
2022 $13,614 $1,111,800 $1,111,800 $0
2021 $13,383 $1,090,000 $1,090,000 $0
2020 $1,910 $100,510 $100,406 $104
2019 $1,458 $98,540 $98,438 $102
2018 $2,289 $177,721 $96,508 $81,213
2016 $2,567 $170,821 $92,761 $78,060
2015 $2,155 $168,256 $91,368 $76,888
2014 $2,162 $164,961 $89,579 $75,382
Source: Public Records

Agents Affiliated with this Home

  • Ani Dermenjian

    Seller's Agent in 2022

    Ani Dermenjian

    Douglas Elliman

    (310) 317-9382

    18 Total Sales

    Ani Dermenjian
    Section Image

  • J

    Seller's Agent in 2020

    Jane Kennedy

    BrokerInTrust Real Estate-Jane Kennedy

    Section Image
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Map

Source: The MLS

MLS Number: 21-719722

The MLS

APN: 4469-013-014

California Los Angeles County Malibu 90265

5961 Floris Heights, Malibu, CA

Not Listed for Sale

Lots

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