NOT LISTED FOR SALE

9625 Wells Rd Malibu, CA 90265

Estimated Value: $690,000 - $2,218,463

8.71 Acres
$150,932 Price per Acre
379,407 Sq Ft Lot

Last Sold May 01, 2020

Last sale price $500,000

Est. 163% increase in value since last sale

Current estimated payment $7,230/month

202 Days on Market

Highlights

  • Ocean View
  • Horses Allowed On Property
  • 379,407 Sq Ft lot
  • Adolfo Camarillo High School Rated A-

About This Lot

As of May 2020

This home is located at 9625 Wells Rd, Malibu, CA 90265 since 09 September 2019 and is currently estimated at $1,314,616. 9625 Wells Rd is a home located in Ventura County with nearby schools including Adolfo Camarillo High School.

Last Agent to Sell the Property

Chris Frost

Sotheby's International Realty License #00499287 Listed on: 09/09/2019

Co-Listed By

Shen Schulz

Sotheby's International Realty License #01327630

Last Buyer's Agent

Chris Frost

Sotheby's International Realty License #00499287 Listed on: 09/09/2019

Property Details

Property Type

  • Land

Lot Details

  • 8.71 Acre Lot
  • Property is zoned RA5AC

Property Views

  • Ocean
  • Canyon
  • Mountain

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 700-0-190-065

Property Details

Property Type

Land

Lot Details

8.71 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: Canyon, Mountains, Ocean
  • View: Yes

Utilities

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

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 700-0-190-065
  • Geocode Override: No
  • Lot Size Area: 379407
  • Site Decription: Canyon, Flats, Rural
  • Staked: No
  • Topography: Pad,Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Apr 21, 2020
Sold by
Kracov David
Bought by
Arp Weiss R and Arp Megan Kelsey
Seller's Agent
Chris Frost
Sotheby's International Realty
Buyer's Agent
Chris Frost
Sotheby's International Realty
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%
Current Estimated Value
$1,314,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,616
Avg. Annual Appreciation
17.97%

Purchase Details

Listed on
Jun 11, 2017
Closed on
Oct 13, 2017
Sold by
Harris Lawrence E and Harris Abigail M
Bought by
Kracov David
Seller's Agent
Russell Grether
Compass
Buyer's Agent
Russell Grether
Compass
List Price
$1,449,000
Sold Price
$1,400,000
Premium/Discount to List
-$49,000
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.76%
Original Mortgage
$1,120,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
The Larry & Abby Harris Trust

Purchase Details

Closed on
Apr 29, 2014
Sold by
Wells Steven E and Erickson Cindy P
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 31, 1994
Sold by
Wells Steven E and Erickson Cindy P
Bought by
Wells Steven E and Erickson Cindy P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Arp Weiss R $500,000 Equity Title Company
Kracov David $1,400,000 Fatcola
The Larry & Abby Harris Trust $1,171,000 Premium Title Of Ca Inc
Deutsche Bank National Trust Company $1,223,371 None Available
Wells Steven E -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kracov David $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2020 05/01/20 Sold $500,000 +1.0% --
03/29/2020 03/29/20 Pending -- -- --
01/10/2020 01/10/20 Price Changed $495,000 -9.2% --
09/09/2019 09/09/19 For Sale $545,000 -61.1% --
11/02/2017 11/02/17 Sold $1,400,000 -3.4% $422 / Sq Ft View Prior Sale
08/28/2017 08/28/17 Pending -- -- --
06/11/2017 06/11/17 For Sale $1,449,000 -- $437 / 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 $5,730 $541,216 $506,038 $35,178
2024 $5,730 $530,604 $496,115 $34,489
2023 $5,875 $520,200 $486,387 $33,813
2022 $5,584 $510,000 $476,850 $33,150
2021 $5,490 $500,000 $467,500 $32,500
2020 $9,012 $804,749 $778,219 $26,530
2019 $8,737 $788,970 $762,960 $26,010
2018 $15,577 $1,400,000 $985,500 $414,500
2017 $13,330 $1,212,634 $872,972 $339,662
2016 $12,937 $1,188,857 $855,855 $333,002
2015 $12,887 $1,171,000 $843,000 $328,000
2014 $4,425 $404,875 $66,025 $338,850
Source: Public Records

Agents Affiliated with this Home

  • Chris Frost

    Seller's Agent in 2020

    Chris Frost

    Sotheby's International Realty

    (310) 721-6881

    14 Total Sales

    Chris Frost
    Section Image
  • Shen Schulz

    Seller Co-Listing Agent in 2020

    Shen Schulz

    Sotheby's International Realty

    (310) 980-8809

    82 Total Sales

    Shen Schulz
    Section Image
  • Russell Grether

    Seller's Agent in 2017

    Russell Grether

    Compass

    (310) 589-2471

    67 Total Sales

    Russell Grether
    Section Image
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Map

Source: The MLS

MLS Number: 19-508798

The MLS

APN: 700-0-190-065

California Ventura County Malibu 90265

9625 Wells Rd, Malibu, CA

Not Listed for Sale

Lots

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