NOT LISTED FOR SALE

6556 Wandermere Rd Malibu, CA 90265

Estimated Value: $5,926,000 - $8,040,000

1.09 Acres
$6,050,183 Price per Acre
47,591 Sq Ft Lot

Last Sold December 23, 2019

Last sale price $1,600,000 $973 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $41,359/month

53 Days on Market

Highlights

  • Mountain View
  • Malibu Elementary School Rated A
  • Corner Lot

About This Lot

As of December 2019

Vacant lot for sale, on coveted Wandermere Rd. on Point Dume. The beautiful former residence was lost in the Woolsey fire, rebuild with expedited permits the approx. 2777 sqft main residence, 600 sqft detached guest house, 600 sqft garage and 1,517 sqft barn, or take your time and design something much larger. (according to seller the City of Malibu states up to 7.000 sqft residence). The property is a flat useable acre of land, with circular driveway and access to both Wandermere and Larkspur Rd., with three fire hydrants surrounding property on adjacent streets. Well positioned corner lot, in a neighborhood of multi million dollar estates and on a street with close proximity to local beaches, shopping and schools.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 10/13/2019

Sotheby's International Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Property Type

  • Land

Lot Details

  • 1.09 Acre Lot
  • Corner Lot
  • Property is zoned LCRA1*

Additional Features

  • Mountain Views
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4468-009-005

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Vacant lot for sale, on coveted Wandermere Rd. on Point Dume. The beautiful former residence was lost in the Woolsey fire, rebuild with expedited permits the approx. 2777 sqft main residence, 600 sqft detached guest house, 600 sqft garage and 1,517 sqft barn, or take your time and design something much larger. (according to seller the City of Malibu states up to 7.000 sqft residence). The property is a flat useable acre of land, with circular driveway and access to both Wandermere and Larkspur Rd., with three fire hydrants surrounding property on adjacent streets. Well positioned corner lot, in a neighborhood of multi million dollar estates and on a street with close proximity to local beaches, shopping and schools.
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains
  • View: Yes

Utilities

  • Cable: No
  • Gas: In Street
  • Sewer: On Site, Septic Tank
  • Telephone Service: In Street
  • Telephone: No
  • Water: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4468-009-005
  • Geocode Override: No
  • Lot Location: Corner Lot
  • Lot Size Area: 47591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2019
Closed on
Dec 13, 2019
Sold by
Warden Christopher
Bought by
Warden Christopher
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,895,000
Sold Price
$1,600,000
Premium/Discount to List
-$295,000
-15.57%
Current Estimated Value
$6,610,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,010,061
Avg. Annual Appreciation
26.47%

Purchase Details

Listed on
Oct 13, 2019
Closed on
Dec 12, 2019
Sold by
Warden Christopher
Bought by
Clay Malibu Llc
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,895,000
Sold Price
$1,600,000
Premium/Discount to List
-$295,000
-15.57%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Warden Christopher
Bought by
Warden Christopher

Purchase Details

Closed on
Mar 11, 2010
Sold by
Harris G K
Bought by
Warden Christopher

Purchase Details

Closed on
Nov 3, 2004
Sold by
Harris Gabrielle K
Bought by
Harris G K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2002
Sold by
Harris G K
Bought by
Harris G K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2000
Sold by
Harris Gabrielle
Bought by
Harris G K

Purchase Details

Closed on
Jun 17, 1997
Sold by
Wilde Winston
Bought by
Harris Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
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
Warden Christopher -- Fidelity National Title Co
Clay Malibu Llc $1,600,000 Fidelity National Title Co
Warden Christopher -- Fidelity National Title Co
Warden Christopher -- None Available
Warden Christopher $1,795,000 California Title Company
Harris G K -- Stewart Title Of California
Harris Gabrielle K -- Stewart Title Of California
Harris G K -- Investors Title Company
Harris G K -- Investors Title Company
Harris G K -- --
Harris Gabrielle $750,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Gabrielle K $502,500
Previous Owner Harris G K $500,000
Previous Owner Harris Gabrielle $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $1,600,000 -15.6% $973 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
10/13/2019 10/13/19 For Sale $1,895,000 -- $1,152 / 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 $81,527 $7,163,154 $5,306,040 $1,857,114
2024 $81,527 $7,022,700 $5,202,000 $1,820,700
2023 $79,590 $6,885,000 $6,885,000 $0
2022 $19,765 $1,648,907 $1,648,907 $0
2021 $19,300 $1,616,576 $1,616,576 $0
2019 $16,189 $1,339,387 $1,339,285 $102
2018 $23,921 $2,063,109 $1,313,025 $750,084
2016 $23,053 $1,982,998 $1,262,040 $720,958
2015 $22,742 $1,953,212 $1,243,083 $710,129
2014 $22,425 $1,914,952 $1,218,733 $696,219
Source: Public Records

Agents Affiliated with this Home

  • Shen Schulz

    Seller's Agent in 2019

    Shen Schulz

    Sotheby's International Realty

    (310) 980-8809

    83 Total Sales

    Shen Schulz
    Section Image

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 19-520136

The MLS

APN: 4468-009-005

California Los Angeles County Malibu 90265

6556 Wandermere Rd, Malibu, CA

Not Listed for Sale

Lots

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