NOT LISTED FOR SALE

Malibu, CA 90265

Estimated Value: $5,153,000 - $7,443,000

0.5 Acre
$12,491,644 Price per Acre
21,780 Sq Ft Lot

Last Sold February 12, 2020

Last sale price $1,100,000 $480 Per Sq Ft

Est. 468% increase in value since last sale

Current estimated payment $39,046/month

111 Days on Market

About This Lot

As of February 2020

Malibu Park Burnout Ocean View Lot For Sale ! 1/2 Flat Lot in Malibu's most Prime Areas ! Previous home was a 3 bedroom , 2 bath 2,298 sq.ft one story home. Save Hundreds of thousands of dollars with following improvements included with this property: Septic System, water meter, electricity, graded pad, driveway and fast track ( six months or faster) Malibu City rebuilding permit process . Tremendous Potential to build a new homes on a rare flat lot with a very large yard. Close proximity to local schools, shopping, stores, trails, and famous Zuma Beach. This lot will sell fast!

Last Agent to Sell the Property

Bill Moss

Coldwell Banker Realty License #00860010 Listed on: 10/16/2019

Coldwell Banker Realty

Last Buyer's Agent

Bill Moss

Coldwell Banker Residential Brokerage License #00860010

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Property is zoned LCRA20000*

Property Views

  • Ocean Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4469-007-002

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.5000
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes
  • Water: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4469-007-002
  • Geocode Override: No
  • Lot Size Area: 22170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Jan 30, 2020
Sold by
Lefevre Philippe and Lefevre Michelle
Bought by
Cuthbert Surf Llc
Seller's Agent
Bill Moss
Coldwell Banker Realty
Buyer's Agent
Bill Moss
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,100,000
Premium/Discount to List
-$195,000
-15.06%
Current Estimated Value
$6,245,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,145,822
Avg. Annual Appreciation
34.22%

Purchase Details

Closed on
Apr 12, 2010
Sold by
Williamson Christopher A and Williamson Christina D
Bought by
Lefevre Philippe and Lefevre Michelle

Purchase Details

Closed on
Mar 8, 2005
Sold by
Williamson Christopher A and Williamson Christina D
Bought by
Williamson Christopher A and Williamson Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2005
Sold by
Williamson Christopher A and Williamson Christina D
Bought by
Williamson Christopher A and Williamson Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2002
Sold by
Williamson Christopher A and Williamson Christina D
Bought by
Williamson Christopher A and Williamson Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,040
Interest Rate
5.75%

Purchase Details

Closed on
Mar 30, 2001
Sold by
Williamson Chris and Williamson Christina
Bought by
Williamson Christopher A and Williamson Christina D

Purchase Details

Closed on
Sep 19, 1998
Sold by
Williamson Chris
Bought by
Williamson Chris and Williamsn Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.88%

Purchase Details

Closed on
Mar 6, 1996
Sold by
Rettino Sherrill and Katzman Leonard
Bought by
Williamson Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
7.05%
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
Cuthbert Surf Llc $1,100,000 Ticor Title Co
Lefevre Philippe $1,420,000 Ticor Title Co
Williamson Christopher A -- --
Williamson Christopher A -- First American Title Ins Co
Williamson Christopher A -- Old Republic Title Company
Williamson Christopher A -- --
Williamson Chris -- United Title Company
Williamson Chris $515,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williamson Christopher A $700,000
Previous Owner Williamson Christopher A $575,040
Previous Owner Williamson Chris $520,000
Previous Owner Williamson Chris $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $1,100,000 -15.1% $480 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $1,295,000 0.0% $565 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $1,295,000 -- $565 / 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 $77,023 $6,791,731 $5,306,040 $1,485,691
2024 $77,023 $6,658,560 $5,202,000 $1,456,560
2023 $75,593 $6,528,000 $5,100,000 $1,428,000
2022 $13,848 $1,133,623 $1,133,623 $0
2021 $13,519 $1,260,717 $1,260,612 $105
2020 $15,109 $1,247,790 $1,247,686 $104
2019 $15,029 $1,223,324 $1,223,222 $102
2018 $18,905 $1,610,930 $1,199,238 $411,692
2016 $18,206 $1,548,377 $1,152,671 $395,706
2015 $17,962 $1,525,120 $1,135,357 $389,763
2014 $17,709 $1,495,246 $1,113,117 $382,129
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bill Moss

    Coldwell Banker Realty

    (310) 457-6550

    85 Total Sales

    Bill Moss
    Section Image
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Source: The MLS

MLS Number: 19-521094

The MLS

APN: 4469-007-002

California Los Angeles County Malibu

90265

Not Listed for Sale

Lots

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